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Author Topic: FIMA
mbmurray
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0.0095
12M float
New filings recently at pinksheets.com

http://fimadevelopmentinc.com/about
http://www.goldsourceinc.com/
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mbmurray
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0155 +63%

Hope you guys got in early...
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mbmurray
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FIMA CEO states:

- Expect an update (PR) from the company within the next 2 weeks.

- He said that they are dropping the price of their 2 properties in Mexico in order to sell them quickly. They will still make profit from them and will pay off the little debt they have and use the new funds for buying properties in the US and or precious metal property.

- He didn't go through with the last precious metal acquisition because they would have had to dilute the shareholders.

- The float is the same as stated, it has not changed in a year and won't change for a long time. He's highly against diluting the shareholders.

- As events unfold, there will be PRs to update the shareholders.

- With the float staying the same (12.7M), there's no where to go but UP imo.

Roy Sahachaisere
714-847-2460 x 801
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mbmurray
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017 close, run continues tomorrow...
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Homersbud
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quote:
Originally posted by mbmurray:
017 close, run continues tomorrow...
Looking good. Was on the bid at 011 and someone whacked 103k without filling me any!

Might just hit the ASK tomorrow depending on it goes, but looking real good!
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Homersbud
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Early morning shake, was able to grab some at 012.
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mbmurray
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I added more at 12 as well...
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Black0r
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Hi mbmurray,

nice find, sounds interesting! Just curious, where did he state the 6 points under "FIMA CEO states"?

Was that in a personal contact/email? I couldn't find it anywhere.

Thanks for clarification.
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Homersbud
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quote:
Originally posted by Black0r:
Hi mbmurray,

nice find, sounds interesting! Just curious, where did he state the 6 points under "FIMA CEO states"?

Was that in a personal contact/email? I couldn't find it anywhere.

Thanks for clarification.
iHub. One of the posters (Dream) called up the company and talked with the CEO.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48923330
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Black0r
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Ah thanks, stupid me, should've thought about a search there! [Wink]
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mbmurray
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Yes, homersbud is correct
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Black0r
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I'm in with a small position, let's see, what'll happen! The prospects aren't bad, right? [Big Grin]
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Homersbud
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Email I sent to the CEO this morning. His answers are in bold

From: xxxx@aol.com
Sent: Monday, April 19, 2010 9:01 AM
To: roy@fimadevelopmentinc.com
Subject: FIMA.PK


Good Morning!

I have a couple of questions that I'm hoping someone can answer:

1. What is the current A/S, O/S, and Public Float? Same as posted on pinksheets currently. Nothing has changed since Q3 of last year!
2. When can shareholders expect an update on current business operations? Shareholders can expect an update as soon as the company is ready to give one out. We’re hoping for the next week or two, possibly longer.
3. Does the company need to raise any capital? If so, how much and will common shares be used? Capital is always needed. Our goal is not to dilute the common shareholder. No strategy has been made yet to raise capital and if there is one it will be announced.
4. Does the company know if any restricted shares recently became un-restricted? None. If there was than there would be a law suit opportunity because the company must approve all shares coming off restriction prior via the TA.

Thank you!
Kevin
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mbmurray
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011 up, just takes some ask slapping with this low float!
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Homersbud
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Annual Report out:

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=31421
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