I have been reading this post for a while.
I have owned this stock since Africagold 2004.
I am in Arizona and have been in contact with
the Transfer agent, Salli and don't have good news
unless someone has info to refute FFGO's plan.
I have these shares in many accounts including my kids.
Here is the info Salli just shared with me.
example from one of my account holdings:
1,562,499 GWGo shares / 1000 X 19 = 29687 Hunt Gold shares for Sentinel 11/14/05
1,562,499 + Sentinel shares Nov/05 added in 1,592,186 / 1000 X 19 = 30251 HGLC shares for Ambassador
1,562,499 + 30251 + 29687 = 1,622437 / 1000 X 19 = 30,826
29,687 Sentinel
30,251 Ambassador
30,826 Golden Eagle
Totaled.... 90,764 Shares of HGLC
Salli, transfer agent is taking this 90,764/3000 = 30 shares
Salli says that I am getting 30 shares instead of the 90,764 shares due to FFGO & HGLC doing a 3000 to 1 reverse stock split.
I thought when HGLC did the reverse stock split it didn't affect us. She says according to the records this is the way it has to be done. I asked if she has spoken with Stephen Lumb about this and she said she has a phone call into him.
We all know how impossible it is to get in touch with him.
Go figure, unless someone has the paperwork that can show the 3000 to 1 reverse stock split only applys to the old HGLC holders we are out of luck!
I think if this is the case and we are taken for a ride, we need to consider getting an attorney to represent all of the shareholders and try to put these people in prison.
Just my opinion, but they should be stopped from stealing from other investors.
This is my first post and I only get three on my first day.
I thought I would share this with everyone. I have been tired of these guys since 2004.
Jaegs
