JDR.....
What is blatantly obvious is your biased, near-sighted, and poor analytical skills. You are quick to take a swipe at the bull's case without providing any substantive support for your diatribe. If your analysis of the FRX situation is anywhere near your brilliance in Arakis Energy, then we all have much to look forward to.
Let me remind you that Rick's post of the inference of future listing timing for FRX stock on the US market is strictly discernable from any history of the listing process combined with FRX's PUBLIC filings. As for the potential of FRX Y2k business, again you have no clue of the magnitude of the problem. Let me make it perfectly clear for you......FRX is teamed with at least 2 of the LARGEST Y2k solution businesses in the WORLD, and is considered to have one of the MOST RELIABLE and SPEEDY factory code solutions products known to the ENTIRE information technology world. I won't enter into any speculative argument over the ultimate dimensions of any future contracts, other than to state that the factory automated code solution package is the superior to any other answer at present and will definitively result in significant FRX code contracts. Profits at the margin in the automated solution world are real and quite generous as fewer outside software-versed laborers are necessary.
Addressing your other, highly irresponsible, musings about the present FRX financial condition.....you clearly do not understand the operating basis of software-driven technology businesses. No question FRX is operating , at present, at a loss and can "technically" be considered to be insolvent, however nearly all software-driven concerns begin as loss-leaders and operate as cash-negative entities until their product ramps up sales. In the FRX case the 84 month window is quite longer, (due to the increase in platform and software migration business) and will likely extend the Y2k biz beyond 2000 as companies scramble to repair existing sub-par, and internally created compliancy problems. I am familar enough with other substantial stockholders of FRX to assure you, and your pitiful bearish breathren, that should FRX need any infusion of capital/cash inorder to remain viable...they will have little problem getting it. At present, all the fuss over their factoring and officer-lending is just that as the FRX insiders are attempting to avoid any dilutive steps that might cheapen their individual equity stakes. I believe that this step being taken is actually a net positive and reminds me that management is absolutely committed to seeing this business succeed.
Finally, no one is paying me to promote this stock or any other stock and the only lies being put on the internet are those of yours and your breathren...in an outright attempt to pressure the stock lower for the benefit of the short-sellers. Please cry to the SEC.....and be sure to cc me your letter. They will laugh at it and dismiss it as another silly north-of-the-border manipulator attempt to drive a security for personal gain......a WELL-DOCUMENTED VSE-STYLE bear raid.
Go back to Arakis and other natural resource promotes where you can snooker the uneducated. |
