Q: Would this be a good time to take a position in FAN? Thanks for the great service and Happy new year to all.
5i Research Answer:
We generate won't endorse companies so small ($26M market cap). FAN has little cash, no revenue, losses and negative cash flow. Insiders own 2%. It recently did raise $2.6M. But it is essentially a lottery ticket at this point, and we would not recommend it.