posted
FNMM is interesting. Trading at 52 week lows and only 36mil o/s (which hasn't changed in years).
They aren't generating any revenues, but this is a promising line from their last 10Q:
We had cash of $2,631,228 as at September 30, 2007 and working capital of $2,725,506. We anticipate that we will require approximately $2,500,000 to pursue our plan of operations for the next 12 months and believe that we have sufficient working capital for the next 12 months.
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