posted
why these 2? I must admit they look good. il watch them and do some DD thanks for the tip.
Posts: 16 | From: Melbourne | Registered: Jun 2005
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Low float, almost 52 weeks bottom, FEMO.ob insider buyback shares (from yahoo.com), CNCN big firm contract and want to come to US...At this time, everything seem good this is why I said they will probably move...
Posts: 1335 | Registered: Oct 2003
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posted
Don't know anything about CNCN but be careful with FEMO and take a close look at the form 4's. The bulk of them are not insider buys.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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I am not sure if I understand you correctly Upside. I just check again and for me, insider or not, a buyback it is alway a good sign. They buy ovr .02 and I bought it under that. Now, I estimate the float at 20m. With some buying pressure this stock could run fast...
Posts: 1335 | Registered: Oct 2003
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posted
They were share issuances to the principals of the company in lieu of pay. That's dilution. This stock was diluted by 50% in the last couple of months. Keep your eye on it, it might pop but in my opinion, it's heading down. Good luck to you if you buy it, I hope it works out.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
i would stay away from this stock also, lots of dilution going on the past few months and A/S increased to 500 million, from the 10Q-
amendment of our Articles of Incorporation to increase the authorized number of shares from 75,000,000 to 500,000,000
Posts: 824 | Registered: Oct 2004
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CARLSBAD, Calif., July 5, 2005 /PRNewswire-FirstCall via COMTEX/ -- FemOne, Inc., a publicly-traded Nevada corporation (OTC Bulletin Board: FEMO), announced today that it has successfully closed a financing where it will raise gross proceeds of $1,500,000 from the issuance of 8% Callable Secured Convertible Notes (the "Notes"). Proceeds from this financing will be used for business operations and global expansion.
The three-year Notes are convertible into shares of the Company's common stock at a conversion price equal to (1) the average of the three lowest intraday trading prices for the Company's common stock as quoted by the OTCBB during the 20 days prior to the date of conversion, or (2) $0.40 per share, whichever is lower. In addition to the Notes, the investors received 44,000,000 Stock Purchase Warrants (the "Warrants") to purchase an additional 44,000,000 shares of its common stock at an exercise price of $0.25 per share. The Warrants will have a five (5) year term from the date of issuance.
The shares of common stock underlying the Notes and Warrants will be registered by the Company on a Registration Statement filed with the Securities and Exchange Commission on Form SB-2 within 30 days of a demand for registration by the investors, which demand may not made within ninety (90) days of the closing of this financing.
"The raising of equity financing gives us additional capital to focus on the continued growth of our business and the global expansion of our BIOPRO Technology Division," stated Ray W. Grimm, Jr., the Chief Executive Officer of FemOne, Inc., "There is a strong global interest in our products and we are dedicated to taking advantage of these international opportunities in a focused and efficient manner. This is a very exciting time for our company," Grimm added.
FemOne, Inc. (OTC Bulletin Board: FEMO), based in Carlsbad, California is a sales and marketing company with distribution in the United States, Canada, Australia and New Zealand. More information about FemOne and its products can be found on the company's web sites at www.femone.com or www.bioprotechnology.com, by e-mail at FEMOIR@femone.com or by calling FemOne Inc. at (760) 448-2498.
Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.
These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievement expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "intend," "expects," "plan," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of such terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements.
SOURCE FemOne, Inc.
Cindi Moore of FemOne Inc., +1-760-448-2498, FEMOIR@femone.com
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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I'm in it for quite a bit. I really wish that these low sales would stop. It seems like its the company shares selling this low.
Posts: 255 | From: Charlottesville, VA | Registered: Feb 2005
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I don't have L2...Be patient...July not good for investment...all investors in vacations...may pop soon
Posts: 1335 | Registered: Oct 2003
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Only with cash reserves and working capital the value of FEMO was 0.011 USD/sh (based worth 840000 USD for 77000000 sh) end of first quarter! With 700% growth in sales year-to-year and ongoing representative network in process, FEMO is too undervalued today for staying at this level!
Posts: 477 | Registered: Oct 2004
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Thanks for the confidence Impat-I needed that after finding out what I pay for taxes this year! Lol
Posts: 255 | From: Charlottesville, VA | Registered: Feb 2005
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FEMO and CNCN really on the rise...in coming days watching it or get it before its too late...
Posts: 1335 | Registered: Oct 2003
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Nice day today...we are in the green for 3 days consecutively..Hope this will not revert back like last week by missing news releases from the board...cross fingers
Posts: 477 | Registered: Oct 2004
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