Just trying to Get Alan's take on things. Sounds like the surest way to make money is to follow Mr. Lumb around and buy whatever he buys!:
Mike,
No, Stephen Lumb does not own HGLC. He is buying shares from their stockholders. Watch, he will start getting very aggressive with HGLC, I know his tactics. Why do you think that I am trying to make Fortress a nice little profit on the back of the HGLC takeover? We already had stock; why not benefit everywhere?
He wins both ways if FFGO buys HGLC stock as well. He will own 51% of FFGO shortly.
Stephen Lumb will NEVER merge the Companies! He believes in very focused companies with competent Management with extensive expertise in the Sector in which the Company operates.
I guess he wants the HGLC mines for his own Mining portfolio, he is a "Gold Bull" in a huge way. Convinced it is going to US$1,200/oz this year, he predicts gloom and doom, global recession, etc. He believes in Commodities.
Stephen Lumb already has a conglomerate! Watch, he is floating off a lot of his assets over the next few months; that will make Forbes and Fortune jump around! I have seen the portfolio. This is "petty cash" to him, he is deal junkie and loves undervalued companies.
His involvement is FFGO can only help me, he can open doors that are closed to 99.99% of the Financial world, only problem is that he is always tied up in deals and meetings; not easy to catch and keep his attention. He could care less what stockholders or the press think of him; his attitude is "if you do like me; or my Company, do not buy the stock!".
Alan.
From: XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Sent: Friday, August 01, 2008 8:31 AM
To: investor@fortfinancegroup.com
Subject: RE: FFGO HGLC stocks
Alan,
A few quick questions related to FFGO vs HGLC share value. You stated that HGLC is worth .02 per share and you won't sell for less. Mr.. Lumb is buying a great number of shares in HGLC, most likely to take over the company. He also appears to be in position to take over FFGO. Since he will basically own both companies, how will the pps of HGLC go up to .02? At this point isn't he essentially buying shares from himself with a loan, which appears to be using FFGO as collateral taken to do so?
Can you explain to me how I as an individual shareholder will eventually benefit from this? Are there further long range plan to be involved in some other company? merge FFGO and HGLC together? If so, what becomes of the dividends? It sounds to me that whatever dividends are given will be in one of the companies of this soon to be conglomerate that Mr. Lumb is building. Not to be questioning you, but are there some facts to help alleviate any fears that shareholder money is being moved so fast we will eventually end up losing it? Again as I have stated earlier there are a good number of people on IHUB that believe in you, and less in Mr. Lumb. Your association with him automatically raises doubts in some. No one doubts that Mr. Lumb will make a large sum of money through these acquisitions. We just want to try to make sure we can turn a nice profit as well.
As always, thanks for your time. It is appreciated.
Mike
AI
