RNWK is having a good day today. How is FCM doing? What ever happened to Raleigh? Wasn't he in trouble with the SEC?
What ever happened to the Intrine order? OK, thanks, in part, to my reporting, we all know that the Intrine order fizzled out quietly- although some were selling their stock on the hype.
Now, what is going on with USAT? Isn't that another one of FCM's "big" customers? A month, or so, ago, USAT had trading halted by the SEC. Would anyone care to give an update on that situation since, as I understand it, they are one of FCM's biggest customers?
. . . and while you're at it: Is FCM still having that private placement? Is that what is holding this stock down? Or is it other thing/s?
One last question: Not long ago, as I understand it, the CEO of this company lent money to FCM in exchange for a deal which involved obtaining equity in this company. If FCM was doing "fine," why did FCM find it necessary to dilute its shares even more by giving what appeared to be favorable terms (don't we wish we could get the same terms), to its CEO for extending a loan?
I just thought I'd give a few things to think about regarding this company.
OK, I'm not done. On a more positive note: They have increased revenues much more than I expected. However, I still can't help but to believe that there is a black cloud hanging over this news somewhere. I'll wait to find out where. So far, it does appear I was wrong about FCM, but it appeared I was wrong about JBOH, too. Now that stock has risen greatly as I expected it would have done a few years ago (there was something funny going on there. . .).
Anyway, for the FTEL die-hard, I'm glad that things seem to be going forward for you. Maybe I'll even be proven wrong. One can't know everything.
FTEL: ~$2.75
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