Ozgull,
I have to say one thing, if you have been watching FIJ over the past few years, you will see a myriad of cap raises a myriad of false starts, and also it was a .30c plus stock a few years ago.
It now wallows at 1.2c.
Start-up is a bit of a stretch here.
I was in this stock when it was in the 20's and got out, and have sat back to only see the sp drift month after month to levels we see now.
Seen so many small caps like this continuously raise money to survive. FIJ is no different and they spin stories like every other small cap hoping to get investors on board which they invariably do.
I sincerely hope this latest announcement brings some joy to long sufferring shareholders who have painfully stuck around, and now wait for their capital to come back.
Take yesterday for example. Shot up from .09c to 1.3c. Settled back to 1.2c . Day traders all over it !
Very weak opening today
Its heading back to 1c IMHO
FIJ must show real revenue to get this thing off the ground.
We will wait and see. In the meantime I will keep an eye on it. Not willing to stump up a cent until something real occurs.
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