No, I'm correct - the divvies were never real. I have explained this a 1000 times and its backed up by FFGO/Western/NMGL own written agreement.
Follow me on this.....
FFGO made an agreement with Ron who was the CEO of NMGL ( who was also Sloane investments who bought a massive amount of shares by a promissory note from FFGO ). NMGL was to sell the FFGO mining leases ( the leases were under Fred's control ( another buddy of Lumb and Ron ) Fred was the mining lease guy who leased the claims to all of them. This is why I call them the " GANG " they were all involved in every single deal of the past failed sister companies in one way or another.
The deal was NMGL agreed to sell the mining leases to some fully reporting company for cash or stock. NMGL was to earn a commission and issue the dividends in order to pay FFGO shareholders if and when the money came in.
In the agreement, it clearly stated neither company has any pending issues with the SEC or FINRA - they both stated neither had any issues ( they both lied. FFGO had been receiving written notice of failure to file for 2 plus years. FFGO ignored the SEC complaint against FFGO for failure to file.
As time went on, excuse were made because of the lack of a sale. Rumors were coming of great wealth if you just buy and hold both companies.
The A & S's were issued by NMGL to FFGO as restricted and unregistered ( the same as a promissory note in a way ) Totally worthless until money changed hands
In the end all FFGO and Western had to do was wait out the revoking and vanished with no trace. Soon after, NMGL went dark for being delinquent and abandoned the dead shell
That's where it ended - no deal was never completed. NMGL never sold any of the leases/claims. No money or stock ever changed hands. FFGO lost the mining leases for failure to keep up the lease terms. The leases reverted back to Fred.
FFGO was revoked, Western and NMGL all went dead and silent.
This silly excuse about shorty and some NSS causing shareholders not receiving the divvy is just what it is .. an excuse for the failure of all the sister companies to do what they said they would do. All of the excuses were made up - right here on this board.
What the gang did was to sell billions of shares to retail shareholders - and ran away .. just as they always have done
No one will ever hear about FFGO/NMGL or the divvies ever again
Shareholders money in FFGO and NMGL is gone forever ....
The story is much longer .. go find the FFGO/Western agreement with FFGO and Western and read it yourself. Come back and we will fully explore just what happened - one step at a time. There are many people who also fully understand what happened here and can also provide feed back with verification from past accounts and PRs .. and the history between all the failed sisters
