{"id":3327,"date":"2013-12-03T15:12:03","date_gmt":"2013-12-03T15:12:03","guid":{"rendered":"\/?p=3327"},"modified":"2013-12-03T15:12:13","modified_gmt":"2013-12-03T15:12:13","slug":"formcap-corp-otcmktsfrmc-still-up-despite-silent-promoters","status":"publish","type":"post","link":"\/articles\/formcap-corp-otcmktsfrmc-still-up-despite-silent-promoters\/","title":{"rendered":"Formcap, Corp. (OTCMKTS:FRMC) Still Up Despite Silent Promoters"},"content":{"rendered":"

Formcap, Corp. (OTCMKTS:FRMC<\/a>) makes the dollar look doable- yet at the same time, the steep climb looks less and less sustainable. After selling at the end of last week, FRMC<\/a> added a bit to its price, clocking in at 90 cents. Dollar volumes were above $342,000, and the ticker added 12.5% on the new week’s opening. \"FRMC1203.png\" <\/p>\n

But none of this is surprising, given that FRMC<\/a> saw 35 emails in November, for a budget of $67,500 up to now. What is worrying, though, is that it’s been a bit more than a week since the last email, and this means that the promotional effect may wear out, leaving FRMC<\/a> to drift or even drop precipitously. \"FTTN1203.png\"<\/p>\n

The last email for FRMC<\/a> came in on November 25th from The Green Baron, with a small compensation of $5,000.<\/p>\n

We don’t have to look much beyond the business description of FRMC<\/a> to raise a red flag. This microcap is among the many that dabbles in crude oil exploration. The promises, plus the email campaign, boosted the market cap of this oil prospector to a whooping $82 million and above, a giant sum compared to the slim financial set, containing:<\/p>\n