Another nice one from raging bull !!!!!
Do you know what is interesting about this financing deal ? Take a look at the volumes of paper that fcm has filed to get up to 6.5 million dollars, in financing, and PAY PARTICULAR ATTENTION TO THE PART OF FCM FILING THAT ADDRESSES FCM REMAINING LISTED ON AN EXCHANGE, now usat in comparison received their financing and was able to pay fcm 5.6 million dollars, because we know usat owes fcm 2.4 million, and usat accounted for over 8 million in fcm revenues, without filing one document similiar to fcm's and they did this after they were delisted from the OTC BB and still were under an SEC investigation. YET AND STILL SOME INVESTOR CAME ALONG AND GAVE OR LOANED USA TALKS ALL THAT MONEY, WOW, ISN'T THAT AMAZING ????? USAT WAS SO FORTUNATE TO GET ALL THAT DARN MONEY, WHILE THEY WERE DELISTED, AND UNDER A CONTINUING SEC INVESTIGATION, BUT BETTER YET THEY DID NOT HAVE TO FILE ANYTHING, WEREN'T THEY FORTUNATE ??
(f) No Suspension of Trading In or Delisting of Common Stock. The trading of the Common Stock shall not have been suspended by the SEC, the Principal Market or the NASD and the Common Stock shall hve been approved for listing or quotation on and shall not have been delisted from the Principal Market. The issuance of shares of Common Stock with respect to the applicable Closing, if any, shall not violate the shareholder approval requirements of the Principal Market. |