Petar Ilievski

First Corp.(OTC:FSTC) Still Keeps a Position in the Strong Buy Club

by Petar Ilievski April 8, 2011

All in all, this is good news, but after all First Corp was founded in 1995 and as mentioned in its SEC filings, the company activities up-to-date have been limited to capital formation. In terms, the management should be very good at that after more than 15 years of practice. Investors, however, might be also eager to see actual operations commencing. Which could happen if the long overdue acquisition of Acquma gets finally completed.

If not, a scenario like the one from previous months is possible - no trading activity, no change in the stock price.

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