Yep, that is more likely. Even still, I don't like the look of the company loaning money to directors, at the same time as paying the directors collecting their fees, and creating shares via never ending CRs (some of which might be paying a director's tax bill). Nope, I haven't brought back in yet. FBR have done well on the engineering side, and they are changing their building methods so that they can meet the building code. Excellent to see. Looking to see now, how they tie the roof down now, but that isn't stopping from buying in. I'm sure FBR will have a solution for that by now.
I am waiting to see if FBR build a business model that brings in revenue. To date, FBR have claimed first revenues to get the Class B shares, but the financials clearly tell a different story. That in my eyes is a serious red flag.
FBR Price at posting:
6.3¢ Sentiment: Hold Disclosure: Not Held
