Agreed. That's if the deal is good. And we shall know it by next week.
FGF is currently seeking an equity placement from sophisticated investors, to presumably fund one of their projects, perhaps their blockchain project. If that is so, then 20c is an understatement. Given we are in the midst of a cryptocurrency bubble, I don't see how this stock couldn't rocket to $1. I know that sounds like incredible ramping but just look at what happened to Bitcoin. All we need is an announcement saying "blah blah blah BLOCKCHAIN" or "blah blah CRYPTOCURRENCY" and this will fly.
We are dealing with an economic bubble here folks, FOMO and the madness of crowds kicks in. This stock will not be the next Berkshire Hathaway. It will get pumped very hard, an then will be dumped. We could see astronomical amounts of bags to come within the next month. But be careful, this is a very risky stock.
GLTAH and DYOR!
FGF Price at posting:
1.7¢ Sentiment: None Disclosure: Held
