Chip-
Each month, BFN is approached by many many companies seeking to be profiled on our web sites. Some of these companies I suspect are fradulant, others simply not good businesses, and some excellent companies with bright prospects. Each month we turn down many of these companies and only take on companies as clients for our online investor relations services if we fully believe in management and the long term potential of the stock.
BFn is not a pump and dump scam and we do not hype stocks only to sell our own shares. As a matter of fact, I haven't sold a single share of FSOL, even when the stock ran all the way to $3. If I were in the pump and dump business, I would have sold my shares and $3 and bought back at the $1 level. However, this is not what we're in the business to do. We're here to provide online investor relations services to increase investor awareness of small cap and BB companies. Our investors view our full disclaimers on all BFN reports. We do not attempt to hide the fact that we are being compensated for our services.
Chip- I truly would not notify our readers of a company unless I believed fully in management and the products of the company. For those who doubt our ability to pick truly good companies, I would like to point to some of our past picks which include LCSG (profiled on 11/29/98 at a price of $0.43), WCTI (profiled on 12/2/98 at $3.18), WKWG (profiled on 1/15/99 at $3.71), and even FSOL (profiled on 2/19/99 at $0.94). I think if you look at the price of these stocks now, you will see that they have increased substantially since the date we profiled them. Remember, FSOL is still up 40% from our initial profile price, which isn't bad for a little over one month. I'm a believer in FSOL and continue to hold all of my shares.
I hope that after doing your own dd, you guys will come to the same conclusion BFN did. I look forward to your response.
Ian Wyatt
BFN |
