Golden Mountain Financial Holdings Corp. (fka FNBCQ)

[fredscott36]

.......fdic wants to see FRESH CAPITAL...........or it's RECEIVERSHIP.......

......and even if some naive idiot ponies up capital, it will dilute the exisiting shareholders at least 50%.............it does keep the bank alive, however....might take at least $100mm in fresh cash...........but it ain't gonna happen, imo.......

.......only hope would be to buy the holding company stock (FNBC) which goes BK after the FDIC seizes the bank......(for, say 25 pennies p/s - when it gets there)............and then the BHC is sold and a buyer gets the NOL tax credits.........and there is enuf money after the priority claimants to ultimately pay fnbc shareholders........BIG IFs................and that wouldn't even happen for 5-6 years...........

.....best advice: STAY AWAY FROM THIS STOCK...........far away........miles and miles.........................aimho...............