TSXV:FCO.H - Post by User
Comment by
AyuFanon Jul 05, 2018 10:21am
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Post# 28271969
RE:RE:RE:Just bought again
RE:RE:RE:Just bought againHey Farm,
i'm in the same boat as you with many shares (i assume you hold enough shares to hate the management for their non-action)
It's a penny stock, speculative company, and start-up public company. from my experience, 97% of these companies trade on inside information and market manipulation occurs all the time.
It's high risk/high reward scenario....
I wish you well as I am just seeing my this year's gain evaporating.....
My gut feeling is telling me that they will announce the FS and/or financing before end of Q3. They knew about the delay in FS at the beginning of June (when it dropped from 1.4 all of a sudden)
My opinion is that the FS is completed minus the roasting method section.... so they already started the new method sometime in June, before the announcement.
I dislike everything they do.. but I wouldn't bash the company... they wouldn't stop their price manipulation and insider trading regardless what you say anyway.
Good Luck!