gm mm, yes when I talked to Peter Smith last week, he figured the stock's share price was being held down by someone. His bet was it was by Pinetree PNP. I guess they have talked to him and want to do a financing much like they did with BMK. He told them to get lost, ever since the share price of FNC has been under attack. These big guys want to come in and take a stake in these companies at a fraction of what the comapny is worth. If you don't play ball with them they kill your share price. Much like a mining mafia sort of thing. LOL
One of the reasons I have invested in FNC is I like the way he stands up for his shareholders. He doesn't want to do a PP because he doesn't want to dilute his shareholders holdings. So refreshing now adays to see someone stand up for their shareholders. Look at BMK they sold out to the big boys at a 80% discount to stock value.
Us little guys are rooting for you Peter, well done so far !!!
Al