FCCN.OB > Is now > FCCN.PK

[mrford10036]

now is my reputation that is in check. I don't want to turn 3SOF into another RB, but I have to defend myself. First I'm accused of a pumper, second that shootingstar is not repeating the same exact post (word by word). Here is the proof.

http://ragingbull.lycos.com/mboard/memalias.cgi?board=FCCN&member=shootingstar200

Now is my DD on the O/S that will be reported on the 10K

From April 1st till June 30th 30,752,400 shares traded hands. As of March 31st fccn had 18.93 million shares. From the traded shares, at least 1/2 were actual trades between investors. So of you add 15 million to 19 million gives you an outstanding of 34 million. This is what will be on the 10K. From July 1st till Friday 286 million shares traded hands. 9 of those days traded at least 10 million shares accounting for 151 million. Yes they sold debentures shares those days, so did shorts and investors and MM's. They sold tops 20 million, plus another 10 million or so the other trading days of the quarter. This puts the total around the 60 million that has been advertised.

[shootingstar]

Shooting Star,

No offense was intended.   
I happily edited the part that bothered you.  Please read the post.  It is all about FCCN.

Please let us know why you spend so much time on it each day if you would never buy FCCN ?  Always nice to know a motive.

I spent an hour on the reply to your post.
And even changed it to Blue just for you.   
Take the time to read it to ensure accuracy.

Please do not make this a battle of posters.  The filing will tell the truth.  They are .OB and will lay it all on the table.

Again, just one opinion in many.

Thank you for the heads up with your DD.  It is something to consider.

-Jeff-

Jeff,

First, it is interesting that you edited your first message because it was so bad you didn't want people to see your true colors and yet you didn't edit the original message from red to blue and instead reposted it in blue.

Second, you are WRONG about me spending so much time on FCCN.  I am not spending anytime which is why I am not interested in reading what you have to say because I already know the truth about FCCN and I know that you are just trying to pump this stuck because you got in at higher levels and you want to get out.

Third, unlike you I didn't spent an hour writing my posts.  I just have been coying and pasting the same message when I have time and after hours which takes me not even a minute.

Fourth, I find a lot of things you say on this board and other boards are contradictory so I don't believe in anything you say and I feel you always seem to have an agenda.  Even with Bravo.  This is what you said about FCCN not so long ago on Ragin Bull:

By: 5bag_penny
25 Jul 2005, 07:43 PM EDT
Msg. 2215 of 5420
Jump to msg. #
Better do your homework here folks.

Great long term opportunity. Near term, 3 giant white candles.

FCCN will not have revenue to support a move like this.

Being pumped by traders. Just like GZFX and others were.

Traders will sell all at once and you will hold the bag.

Just know that nothing new justified the move.

Rather you buy it than bash me. Not a short. Like the company long term. But no revenues ! And none in the future. They are way out. Call them if you do not believe it.

Pigs Get Slaughtered.
"

Fifth, I was thoughtful enough to post everything I found out about FCCN on this board.  I was going to post them a long time ago but I was worried that you would go to war with me like you did with vic666 but I decided to do it anyways because I don't want to see people get hurt.


Sixth, why don't you take your own advice and get some answers to questions.  For instance, you are always posting a lot of questions for Mr. Randolph about Bravo but why don't you take the time instead to get the answers from the company like I did with FCCN. That said, unlike others here I am not impressed by your questions.  Doing the actuall work and getting the answers is what is important.  It is easy to just ask questions.

That said, I don't have the time to argue with you anymore Jeff so get a life!  I will no longer be posting on this FCCN thread so you can pump all you want.    

[shootingstar]

now is my reputation that is in check. I don't want to turn 3SOF into another RB, but I have to defend myself. First I'm accused of a pumper, second that shootingstar is not repeating the same exact post (word by word).

You are WRONG!  I said in one of my posts above that I posted it once on this board and posted it several times on Raging Bull to help people.  Please stop lying and trying to mislead people.

[fill_the_gap]

Shooting Star,

My FCCN concerns were at 8 cents when people said it would go to 20 cents.

Now with 90% ownership in Kokopelli's, .03 is a nice entry, imo.

And it is a penny, so one never knows for sure.  Will hold until the management gives me reason to re evaluate.

[fill_the_gap]

From RB FCCN board & added some points.  Confirmation of the same calls I had.

Talked with Gary. Here are the points:

- Current OS 62 million
- 10K OS substantial less
- 10K very positive
- Great news to be released after the 10K (my understanding is that they want to keep the train rolling) Probably about Insiders Buying and more news
- Debentures are a thing of the past
- No dilution to take place at these levels
- a percentage of the 25K fee stays with FCCN
- 1 to 2 restaurants to be open per month (2 already opened)
- 73 Kokopelli's sold
- Stock is ridiculously undervalued with recent 90% ownership

[runforthedoor]

  Thanks...I was hpoing it would slide back to .023 on low volume today so I could load up some more...maybe tommorrow...if you stop putting out the PR...just kidding....I can pay a little more if I have too. 

[fill_the_gap]

CEO reply to Shooting Star questions

Date: Sat, 17 Sep 2005 11:58:14 -0700 (PDT)
From:  "Edward C. Heisler" <[email protected]>  Add to Address Book
Yahoo! DomainKeys has confirmed that this message was sent by yahoo.com. Learn more
Subject: Re: Must read to for all FCCN Management...Investor concern
CC: "Xxxx Xxxx" <[email protected]>

   

I have addressed Xxxx's statements in order: 

1. Regarding the sale of Fit-n-Healthy, the Board and I feel the company does not need another concept that needs to be built from the ground up.  It is very costly and we have enough on our plate with the other concepts.  If we held on to Fit-n-Healthy it would be at least two years, with our current schedule, before full development thus making our ROI at least three years out.  Why continue to pay interest on a note when the ROI is so far out?  The money can be better spent on companies already developed with franchising started.  This will providing a quicker ROI. 

2. We sold Fit-n-Healthy for more than market value.  When the time comes to sell Kokopelli I'm sure it will be for more than market value and a lot more than $50k. 

3.  Why is the company authorized for 5 billion shares?  This is a question I have also asked since coming on board.  I plan to make a motion at the next board meeting, at the end of the month, to reduce this number. 

4. Obviously Xxxx is a little confused in her statement here.  What Andrew was trying to explain to her is that FCCN can raise up to 5 million per year, not quarter, through the sale of securities as per the Reg. E Offering Circular FCCN filed with the SEC.  Shareholders can read the Offering Circular and FCCN's other filings on Edgar and learn more about a BDC and the Securities Act of 1940 at SEC.gov.  Just because we have the ability to raise up to 5 million per year does not suggest we will.  Currently we are less than 10% for the year and have no need to sell more. 

5.  I currently hold over 700,000 shares which has been filed on Form 3.  Also all officer and director holdings will be listed in the 10-K 

Regarding your question of no insider buying, as an officer and/or director you need to be very careful when you buy and sell your own company's securities.  If you buy, or sell, too close to a major development you may be in violation of securities laws.  There have been a lot of developments lately and in my opinion more to come. 

Sincerely, 

Ed

[runforthedoor]

   Loaded up some more of FCCN today...waiting for the news now. 

[slomo007]

SWKJ reduced its authorized shares from 5B to 500M also, and the price didn't skyrocket like one would hope (PR was on Aug 17th).  It's a great thing if you're in the stock for the long-run, but if you're just looking to sell on the news, I doubt you'll make more than 10% or so.  I could be wrong, however. 

[fill_the_gap]

This has a nice risk-reward with the filing coming September 28th.
It will either rise into the call or on some news following the filing, imo.
Sending more funds to buy into the call.  We will see.  Do the dd.

[fill_the_gap]

Ticking up into 28th filing.

Some nice action may be developing today.   

Keep an eye on it.  Thinking 3's and up very soon.

[shaker340]

Fill the Gap,
    I appreciate your work and research on this stock.  I am into this @ .07, so hopefully
the news will be great .  I will have to applaud you only in writing, until I get my
post count up .

[gmarc66]

Shaker340....i'm applading Fill the Gap on your behalf

He does do a great job, doesn't he?!

I'm in too at .0245.

Good luck to us!!

julia

[fill_the_gap]

Julia & Shaker,
Thank you for the kind posts.

Two schools of thought here.

-  It will rise into the filing and sell off on any news.

-  Or remain in the same range and move up with Press following the filing.

Of course, this is all speculation.  However, the recent chart history may be on our side.
Volume will need to increase.  Ramsburg, any thoughts?

[fill_the_gap]

I called and spoke with Gary Reid today.
He said the filing is on time for the 28th.
And he said to expect press at that time or a matter of days after the filing.
Sounds positive, but we will see very soon.
The chart history is attractive.