Automotive Finco Corp V.AFCC.H

RE:RE:RE:Very good news! AFCC.H CHRISTMAS BEFORE TIME!

[JayBanks]

I too am in this still and kinda got myself stuck collecting a small payout every month.

It's somewhat nice to know they are finally doing something with some money to maybe support the payout they make (and I might be able to escape at a higher price). Tho it's interesting it's pretty much a single investment that consumes almost all the cash of the company, it's not like they are going to make anouther investment with the less than 3 million they have left.

Originally the buisness plan sounded great in that they were suppose to be investing in dealerships, maintainace facilities and other aspects of the area, but they never showed anything to do with it. At one point we found info that the seeming intention was for this fund a family used car buisness but it never materialized... I forget where this info was found as Bullboard has seemed to clear the past message info, and I don't even see recent messages that are posted from my portfolio screen like most companies show, I just happened to pop in and check tonight.

Yes, you are wrong! You should question how your dividends are being funded otherwise your not investing your gambling. One of the main reasons I jumped in was to possibly get info mailed to me that I wasn't finding online, I figured there was info to be found that wasn't making it online, but that never happened. My investment was mostly to investigate what they were doing to have a price rising to $2 and paying out. I too have been collecting for a while but I'm underwater on my original investment, I'm glad I only used a tiny amount and my overall loss is less than $200 at this point. There is also the fact that if the payout isn't growing it is loosing value to inflation same with shareprice.

How can you say they have been active? This is the first peice of buisness I've seen from this.