Quote:
Originally Posted by RawAlex
The numbers are interesting, plenty of cash on hand, but the company appears to be having negative results - which isn't a good sign, considering where the majority of their money is made.
Manwin on the other hand would almost certainly love to reverse merger themselves into the company, becoming public without hardly any of the effort.
It should be noted that FFN had a big run up not that long ago, which looked a whole lot like speculators playing a game. I think perhaps the price over there went up too fast for a takeover. There are too many people still holding shares from the get go, and too many legal issues I think for anyone to seriously consider action at FFN. NOOF looks like a much better reverse merger candidate.
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AFF lost another 10M in the 4th Q last year, over 30M lost for last year. Sales are down again, company is tanking fast. Marc Bell just jumped ship.