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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (2743)8/9/2020 4:44:36 PM
From: rogermci®1 Recommendation

Recommended By
sixty2nds

  Read Replies (1) | Respond to of 3862
 
Good find there. If I'm not mistaken, I think they are vegan only. However, their growth rate is spectacular and their customer list impressive. Not only that, quarterly sales announced Friday almost doubled and that's what investors will pay up for in a bull market. I think you're on to something.



To: Glenn Petersen who wrote (2743)9/2/2020 4:57:22 PM
From: Glenn Petersen  Respond to of 3862
 
FMCI closed at $22.91 today, up $4.55.

There have been two recent developments.

Yesterday, FMCI filed a proxy statement for a special shareholders meeting ..."to extend the date by which the Company has to consummate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (a “business combination”) from September 30, 2020 to October 30, 2020."

sec.gov

I suspect that FMCI will set the date for the shareholder meeting to approve the business combination as soon as the extension is approved.

About a week ago, they hired a first class CFO.

sec.gov