Functional Technologies Corp FEBTF

Here are Thursday (May 30, 2013) trades ...

[duediligencedone]

Mackie Research Capital Corp. (house # 83) and Canaccord Genuity Corp. (house # 33) were definitely loading up ...

-

Time & Sales

REALTIME

	Price	Size	Mkt	Time	Buy	Sell
	0.015	100,000	TSXV	15:59:07	001	002
	0.015	1,000	TSXV	15:59:07	001	002
	0.015	13,000	TSXV	15:59:07	002	002
	0.015	17,000	TSXV	15:53:35	002	013
	0.015	13,000	TSXV	15:53:35	080	013
	0.015	7,000	TSXV	15:53:32	080	013
	0.015	23,000	TSXV	15:53:32	033	013
	0.015	35,000	TSXV	15:53:28	007	007
	0.015	135,000	TSXV	15:53:28	007	007
	0.015	177,000	TSXV	12:54:42	033	068
e	0.02	1	TSXV	11:29:25	085	046
	0.02	20,000	TSXV	10:43:22	007	007
	0.02	23,000	TSXV	10:41:18	007	068
	0.02	17,000	TSXV	10:41:13	007	068
	0.02	15,000	TSXV	10:41:10	013	068
	0.02	20,000	TSXV	10:41:08	013	068
	0.02	15,000	TSXV	10:41:07	001	068
	0.02	50,000	TSXV	10:41:06	085	068
	0.02	28,000	TSXV	10:41:04	009	068
	0.02	10,000	TSXV	10:41:03	009	001
	0.02	12,000	TSXV	10:41:03	009	007
	0.02	50,000	TSXV	10:41:03	009	001
	0.02	25,000	TSXV	10:41:01	001	001
	0.02	40,000	TSXV	10:40:44	007	007
	0.02	40,000	TSXV	10:40:38	007	007
	0.02	25,000	TSXV	10:40:32	001	001
	0.02	30,000	TSXV	10:40:26	080	001
	0.02	18,000	TSXV	10:34:10	007	007
	0.02	70,000	TSXV	10:31:10	002	001
	0.02	10,000	TSXV	10:31:10	002	001

	0.02	50,000	TSXV	10:31:10	002	007
	0.02	25,000	TSXV	10:31:10	002	009
	0.015	84,000	TSXV	10:24:32	001	002
	0.015	100,000	TSXV	10:24:32	001	019
	0.015	121,000	TSXV	10:24:32	001	009
	0.015	100,000	TSXV	10:24:26	068	009
	0.015	4,000	TSXV	10:24:19	033	009
	0.015	200,000	TSXV	10:24:19	033	007
	0.015	46,000	TSXV	10:24:19	033	007
	0.015	100,000	TSXV	10:16:39	033	007
	0.015	144,000	TSXV	10:03:06	083	007
	0.015	116,000	TSXV	10:03:06	083	002
	0.015	30,000	TSXV	10:03:06	083	007
	0.015	160,000	TSXV	10:03:06	083	002
	0.015	350,000	TSXV	10:03:06	083	001
	0.015	100,000	TSXV	10:03:06	083	095
	0.015	100,000	TSXV	10:03:06	083	062
	0.01	5,000	TSXV	09:37:56	007	068
	0.01	20,000	TSXV	09:37:56	007	068

[europe10]

No use trying to figure out who is buying or selling. If against the odds they manage to reconstruct the company debt the stock is worth 10 times, 30 times, or 50 times current price. If not - it is wort zero, nil, nada =0. Odds are not good and even if they manage to restructure there is a lot of job to be done and it will take time! Buyers are aiming for the simple calculation of, maybe 20

[europe10]

My spell check obvioulsy does not work - but you get the picture

[duediligencedone]

Some large buyers who buy through Mackie (house # 83) and Canaccord (house # 33) sure do like the prospects here as they bought a nice chunk of shares yesterday ! - Time & Sales REALTIME   Price Size Mkt Time  Buy Sell   0.015 100,000 TSXV 15:59:07  001

[dyaz]

It's simple. Our largest debtor ACOA is not even in discussions. Just getting them to the table is worth a double (.04) here. If they cooperate and join the party they will also win and the sky,s the limit from here for reasons we all know.  Someone has a hate on and who couldn't forgive that given he behaviour of our former CEO. But to cut off your own nuts really takes some cajones

[Felix666]

Definitely the former CEO  and VP have to take the brunt of the blame, but we shouldn't overlook the lack of spine from the current board, the interim CEO for letting it get to this serious state.  Also, the advisory board wasn't much of any use.  What great advice did they offer this past year?? The management team should also take responsibilty - which includes the role

[Jazz_d]

ACOA has no reason to stay in discussion if the company isn't going to honor their agreement.  The company was to payoff $400k to start, and followed by further payments - which they agreed and signed to. But typical of what we have seen this past year, the company is less than honorable.  Likely this was a strategy from the start, which wasn't the best choice, and it's the

[Specuvestorplus]

Doesn't the former president and COO have a historical role in this and might also have a part to play in its solution?

[Felix666]

Seems like you are a lot closer to what's going on. There was an attempt last year when the company wanted to work with the former president and COO to resolve the situation with ACOA, but fell through because the company decided to 'manage' this themselves with ACOA - which led them to the situation they're in now.  The company decided to 'walk' away from $$$ of

[Johnny_H]

Well back in January, I expected that they may not make the first payment, and no surprises, since there wasn't much of a business plan in place.   Couple of days to go to see if the company is able to get themselves out of this mess, but we shareholders need a long term plan that's properly managed and executed.   There may be some key shareholders willing to rescue the stock

[trader129]

DONE like Dinner..