Post by
gltaisignlongs on Feb 28, 2024 9:13pm
Interesting Closing of the offering....
A couple of observations:
- I do not see Rob participating in the offereing. I find this surprising since he has participated in all other offerings at much higher prices
- huge interest in Fobi regardless of all the naysayers
- confidnece from insiders by participating in the non-LIFE offering.... the 4 months holding period applies to these shares
All this support and the current share price behaviour of the last couple of months indicates that there is high interest in Fobi at this time. We continue to see accumulation at a price level above the price of the offering. Something might be coming up soon and it could be good.
Comment by
zabber on Feb 28, 2024 9:40pm
Could be. More likely just more ado about nothing. Guess we'll see on Friday's call, which will more likely be filled with lots of buzzwords trying to justify the (essentially) non-existent revevue.
Comment by
hobbs2969 on Feb 29, 2024 7:29am
I expect to hear "by the end of the year this company will be (from this point on fill in whatever you want)". That gives FOBI 10 months to try and create additional revenue and by the end of December most stockholders will probably have forgotten the positive future spin from earlier in the year and Rob will only hope that the stock price will be above 8.5 cents.
Comment by
steamerlane on Feb 28, 2024 10:36pm
To announce an offering and then have it completed on the same day,seems to point to somebody/s had committed to buying those shares previously.