Bidder and Collin,
It was, indeed, brilliant to name 4 powerhouses in the industry in FAMH's latest press release.
Large investors in these companies know the industry. They know the incredible consolidation (mergers, takeovers) that has been taking place over the past two years.
After their DD, they may see FAMH as a small but growing company. They may consider it as a potential takeover target.
They will also read FAMH's recent press releases:
1) Share buyback
2) NASDAQ reverse merger
3) Italian joint vernture
4) Myriad takeover
I think that is when they will buy in.
$50,000 is not too much for some of the bigger boys that are invested in the companies mentioned in our press release.
Even if you got only 10 of these guys to plunk down $50,000, that's about 750,000 shares going off at the ask. These guys look longer-term than most BB traders, so they will be friendly shares.
They also know the difference between BB and NASDAQ.
Once we do get on NASDAQ by this summer, we'll have:
1)less shares out there, smaller float
2)quarterly earnings reports to look forward to
3)tighter market-maker rules, bigger shareholders
4)longer-term investors
5)brokerage recommendations
Anyway you view it, FAMH is going nowhere but up.
When you look at your brokerage account value on Labor Day, you will NOT be disappointed!
That's my story, and I'm sticking to it.
BCfan |
