Re: FFN Has another massive quarter, continues to lose money
There was apparently a delisting notice posted a while back, sort of the same time as it was last year. What happened last time is pretty much at the last minute one or more of the big stake holders stepped in and seemed to be propping up the market, moving it back over $1.25 and they kept it there for a while, making it all look good. But the support disappeared, and the stock once again sank back to where it is at.
The funny part is that right now, it's not even a good takeover target. The debt is just silly, more than 10 times the value of all of the stock. There may be some valuable assets in the company, but as is, it's not a good deal.
On the plus side, you could own the entire turd for around 40,000 shares of Apple...
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Let's go to the edge of disaster Push the pedal and go a little faster Let's slam into a wall at ramming speed Let's go to the edge of a mountain Jump off and lets start countin' Hit the ground and tell me if it bleeds
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04-21-2013
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