FBR signs MOU with the Kingdom of Saudi Arabia ..this was the...

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    FBR signs MOU with the Kingdom of Saudi Arabia

    ..this was the red flag, it never happened but turned out to be a stunt when HadrianX got no traction in Australia, then it was BuildaWall as a service also no traction.
    ..but every announcement kind of coincided with CR, thereafter a lot of share distribution which I suspect management sold into during the hype as they were awarded lots of share remuneration.
    ..rinse and repeat, get more creative
    ..with their technology, it seems counter-intuitive that it has yet to be successful.
    ..back then market cap was $40-50mil, now the >$100m even after the huge decline and a penny stock.

    The lessons from DRO, BUD, YOJ, GSW, LVT ought to be remembered - sound good on paper.

    ..stocks with non material revenues after operating for >5 years are at best hit and run, I know everyone yearns for an early Azure, LTR, PLS, CHN but they're 5-10% of the universe and even then, their rally do not last.
    ..RDN was another that suffered a big drop today.
 
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