Observations & Current state of Play

Greetings all seems a bit of action of the market not a lot on it re the SP.

My observations & take on the current Situation.

Two very good appointments last week announced.

The ex CAT man is very well regarded and the opening of a US office in my view -combined with the Mexican MOU tells me they are eyeing of a listing at some point on the NYSE.

Also the name change could also be angling to set this up

Those two appointments changed the game a bit for me.

I have said for a long time social housing is where I see HX offering the most value .

Low cost social rapid build housing I’ve talked about this many times a life passion of mine is social housing

The UN is a target market for refugee camps disaster relief etc we have talked about this back in the sub 10 cent days many times

I still don’t think it’s future is mass builds of project home housing in Australia -it’s overseas in countries that need social housing where it will shine in my view -a long held one. The Pivacs are eyeing of global opportunity I doubt there main market is Australia.


I don’t think the SP will move much on the first builds and any media coverage will be short lived -robotics are go hum to most these days .

Ultimately this company will grow on revenues not hype its done that 15 times of the IPO currently 9 times a lot baked in here

I think we all know it will work or CAT would not still be in the frame

We have headwinds to dilution with a CR and the performance shares will add pressure to the market cap

All for a CR if it’s for the greater good I still think they will raise this year could be down to less than 10 million by year end we -will get some guidance in the FY

I suspect they have another rabbit to pull out of the hat around the FY -a good time to announce it and raise capital in my view all good .

The head count is getting up there we need some solid ANN on pathway to commercialisation-that could be another 6 months away

Now for the record some pretty ordinary stuff has been written about me I see -pathetic

Since I started posting on FBR I have always kept it real called it as I see it for a fair while -I was very disappointed by the handling of the CAT Extension MOU was no need for a TH. We lost cred with the market its showing in the SP and volumes are low

I do not down ramp stocks to gain pips -I don’t need to better things to do

I just try to temper some expectation that just is not going to happen in a hurry -there is NO up ramping by some here yeah right lol

I like to keep it real

I have not bought a single share in FBR for a fair while FACT

Yes I have sold plenty and taken good profit -so what err that's what this game us about PROFIT

Sold a few more last week

I still currently hold a small number of shares only 220000 now a pittance compared to some of you j understand your angst against anyone posting anything deemed negative

which I will gladly get back over a million units once j see concrete agreements in place -income stream pathways etc.

I decided last week to keep a small holding and see it out. I believe in the story but we need a couple of good chapters .

Will be plenty of chances to buy here long way to profitability years in my view

I have said all along the Pivacs have dome an incredible job I mean that it is incredible this invention

I have no malice against anyone here but some of the claims are getting way ahead of them selves .

No one calls out anyone posting ridiculous upramps do they funny that enjoy your day

I really hope FBR can address the worlds social housing issues -its heartbreaking travelling to countries seeing people live in squalor and bad conditions

We don't know how lucky we are here in Australia seriously we don't