{"id":3335,"date":"2013-12-04T14:13:52","date_gmt":"2013-12-04T14:13:52","guid":{"rendered":"\/?p=3335"},"modified":"2013-12-04T14:14:09","modified_gmt":"2013-12-04T14:14:09","slug":"formcap-corp-otcmktsfrmc-uses-pr-to-push-itself-over-the-dollar","status":"publish","type":"post","link":"\/articles\/formcap-corp-otcmktsfrmc-uses-pr-to-push-itself-over-the-dollar\/","title":{"rendered":"Formcap, Corp. (OTCMKTS:FRMC) Uses PR to Push Itself Over the Dollar"},"content":{"rendered":"

Formcap, Corp. (OTCMKTS:FRMC<\/a>) is moving into more and more dizzying heights, easily gaining over the dollar levels- and of course, causing jitters at the same time. On Tuesday, FRMC<\/a> grew by more than 16% to $1.05 on buying volumes of above $491,000. \"FRMC1204.png\" <\/p>\n

And FRMC<\/a> keeps trying to encourage investors, now with a new PR on drilling in Kansas- but drilling won’t start until the new year. Until then, FRMC<\/a> has all the chances to follow the scenarios of heavily promoted tickers, and crash, especially at the current high price. FRMC<\/a> has not seen new promotional emails since November 25th, and for now relies on PR to keep up the pace- which looks less sustainable with each climbing day. Still, FRMC<\/a> easily vaulted the dollar levels, jumping up from 90 cents. \"FTTN1204.png\"<\/p>\n

As for the drilling in Kansas, it is just a preliminary due diligence on rented acreage for drilling. So FRMC<\/a> has all the options to just give up the project- just like it did with other prospective plots, due to lack of sufficient funds. With finances like that, FRMC<\/a> is little more than empty promises:<\/p>\n