Bullboard - Stock Discussion Forum Firestone Ventures Inc FSVEF

Primary Symbol: V.FV.H

Metals & Mining Industrial Metals & Minerals

Firestone Ventures Inc. is a Canada-based junior mineral exploration company. The Company is engaged in the identification, evaluation, acquisition, and exploration of mineral property interests with a focus on precious and base metals. The Company has not generated any revenue.

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TSXV:FV.H - Post Discussion

Firestone Ventures Inc > Lift Off Today.

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Post by stellar8 on Aug 14, 2017 10:18am

Lift Off Today.

36 million float. Dr. Barron owns 30%. Volume Day One.

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Comment by Lunchisforwimps on Aug 14, 2017 2:49pm

Dr. Barron is converting $874,000 from debt to shares at $.05 amounting to an additional 17 million shares o/s (37 plus 17). The outstanding shares would be roughly 54 million undiluted (excluding mgmt. options). FV appears to be activating from zombie co to a clean shell with Barron owning approx. 30% of the float as stated by another poster. Patience will be rewarded. It's a no brainer at ...more

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Comment by ureka on Aug 14, 2017 2:58pm

Don't like the write off but I do like them cleaning up their balance sheet...bout time.

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Comment by Lunchisforwimps on Aug 14, 2017 3:18pm

Usually that sort of shares for debt activity is a pre-curser to a deal or company re-boot. Barron currently appears as a class act given there was no roll back and subsequent share issuance to the usual Bay Street financial cronies. Let's hope Barron finances at much higher prices when a deal is brought forward. With 17 million shares (18 million including options) and his stellar reputation ...more

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