Fortune Credit & Insurance Services, Inc. (fka FCRI)

[Renee]

FCRI revoked:

http://www.sec.gov/litigation/admin/2012/34-67886.pdf

[Renee]

FCRI SEC Admin Proceeding:

http://www.sec.gov/litigation/admin/2012/34-67615.pdf

[Kobe Ginobili]

FCRI- grey market- no action until cleared up- pink sheets findings below:

*
OTC Market Tier
Grey Market

*
State Of Incorporation
NV
*
Jurisdiction Of Incorporation
United States

*
Company Officers
Fred T. McGee, President, CEO
Dye Hawley, Secretary

*
SEC Reporting Status
non-SEC Reporting Company

*
Estimated Market Cap
$16,731 as of Dec 24, 2009
*
Outstanding Shares
167,313,326 as of Aug 31, 2001

*
Current Capital Change
shs decreased by 1 for 45 split
Pay Date: Jul 5, 2001

*
Company Notes
o Formerly=Saratoga International Holdings Corp. until 9-01
o Formerly=Western Oil & Tire Distributors, Inc. until 6-99
o Formerly=Knightsbridge Corp. until 8-98

*
Security Notes
o Div. 10 shs Com & 2.5 Warrs A & B of International Internet Petroleum & Tire Distributors Corp. for each sh Com held. Rec date=3-19-99. Pay date=10-15-99
o Capital Change=shs decreased by 1 for 4 split. Pay-date=8-4-98.
o Capital Change=shs decreased by 1 for 2 split. Pay-date=4-12-01.

[Zmanl]

what happened here? After 7 yrs of inaction...boooooooooom 900% pop on a light vol of 10k? Any one what is cooking?

Z

[Joemoney]

Well, looks like FCRI was a dud (not surprized). If you own shares in this one, I would basically consider your shares worthless.

Good luck though.

Joemoney

[Joemoney]

FCRI looks like it's being daytraded. Over 10m volume and is making UPPP and DOOOWWWNNN moves. Somethings up.

http://finance.yahoo.com/q?s=FCRI.OB&d=c&k=c4&t=5d

Joemoney

[Joemoney]

FCRI Profile

http://biz.yahoo.com/p/f/fcri.ob.html

[Joemoney]

FCRI 5 Day Chart

http://finance.yahoo.com/q?s=FCRI.OB&d=c&k=c4&t=5d

[Joemoney]

FCRI Closes -0.0007 (-35.00%) @.0013

http://finance.yahoo.com/q?s=FCRI.OB&d=t

Joemoney

[Joemoney]

FCRI has dropped the "E". Thank goodness!

Their website is also working again.

Joemoney

[Joemoney]

FCRIE's website has been down since October 18th.

They need to jump on the gun and get their act together.

Joemoney

[Joemoney]

FCRIE ends the week @ 0.0019

Bid @ .0024
Ask @ .0016

Friday's Volume: 2,196,500

http://finance.yahoo.com/q?s=FCRIE.OB&d=t

[Joemoney]

Actually, most of the time they fall about 25-50% because the dumb people then look at the price and say "Oh, well it seems the stock isn't trading that low at all!" So it can be dangerous sometimes, but it has it's rewards. It shows that the company is actually TRYING to do something postive with their stock - unlike some companies I follow.

Joemoney

[originunknown]

Reverse splits rarely work but sometimes they do in certain cases. I have just started trading sub pennies, so I do not know how they react to such actions. I certainly do not mind buying them (see BKTV as an example).

[Joemoney]

FCRIE - Reverse Split?

They have been trading extremely low. Do you think they should consider a reverse split to gain investor's confidence?

Some people are scared of buying a .002 stock.

Joemoney

[Joemoney]

New insider trade data for FCRIE.OB

http://biz.yahoo.com/t/f/fcrie.html

[originunknown]

TGL Live ........ eom

[Joemoney]

Perhaps. I'm looking into it. I'm going to keep an eye on this one.

Where did you hear about it from?

Joe

[originunknown]

Any potential at all? eom

[Joemoney]

Fortune Credit & Insurance Services, Inc. -- Formerly Saratoga International Holdings Corp. -- Changes Ticker Symbol To FCRIE

http://biz.yahoo.com/bw/010927/270767_1.html

Opinions? What in the heck are they doing???

joe

[originunknown]

Anybody still have any interest in SRGO? eom

[Joemoney]

Saratoga International Holdings, dba Fortune Credit and Insurance Services, Announced the Expansion of Agent Recruiting in Northern and Southern California
KIRKLAND, Wash.--(BUSINESS WIRE)--Aug. 23, 2001--Saratoga International Holdings Corp., dba Fortune Credit and Insurance Services, (OTCBB:SRGO - news) announced today that Fortune Credit & Insurance Services and its Life Insurance subsidiary AgentsWanted.net is expanding life insurance operations into Southern California with plans to also develop a Northern California base in the near future.

AgentsWanted.net is in the business of recruiting large agencies and individual agents to sell enhanced insurance products, primarily annuities, to the Senior Market. The company is operational in Washington, Texas and California and this is the first step in a planned national rollout.

Bill Dailey, Manager of AgentsWanted.net, Inc., has been in the Life Insurance and Annuity business for over 35 years and recognizes the need to educate the consumer. Bill has been a successful sales person and agency builder. His goal is to personally train each agent hired in legislative changes, phone technique and sales in order to insure the success of each agent. His prowess as a sales executive and at training agents to correctly approach the market is expected to significantly increase the sales of the agency.

Ralph Abate has joined Bill to help build and manage the agency. Ralph has been in Insurance Management for the last 25 years and has expertise in the recruiting and management of agencies and agents. He will be involved with Bill in the recruiting and will have overall responsibility for managing the insurance operations of the company.

The mature market represents the largest growing and wealthiest demographic in the country and will continue to grow over the next 25 years. Historically there has been a lack of consumer attention to the financial needs of the aging. However, in the last few years many products have been introduced to address their growing needs. Agents Wanted.net has selected several of the best companies and products available and with a fully trained and experienced sales force will explain tax and entitlement changes to their clients in order to improve their financial position.

Signed,
Joemoney =D

[Buckey]

MY first post on IH/ SRGO looks a bit better I am in 5 times - Most recently at .0011 but still well out of the money

[Joemoney]

Saratoga International Holdings Corp., dba FORTUNE CREDIT AND INSURANCE SERVICES INC. Announced the Commencement of Business in Texas, California and Florida

KIRKLAND, Wash.--(BUSINESS WIRE)--Aug. 16, 2001--Saratoga International Holdings Corp., dba FORTUNE CREDIT AND INSURANCE SERVICES, (OTCBB:SRGO - news) announced today that the company has begun sales operations in a select number of locations in Texas, California and Florida.

Fortune, which is in the business of selling enhanced insurance products, primarily annuities, and secured credit cards to the maritime industry has hired over 200 commissioned sales representatives to begin, what will be a planned, national roll out of the company's products and services.

The insurance products include high yield annuities from the major annuity providers in the country. Many states have updated the insurance rules and now allow for the modern annuity to be sold as alternatives to traditional ``Whole life or paid-up'' life policies. Fortune's annuities can be delivered at competitive rates and tend to have a higher yield to the consumer than traditional life policies. The older generation, comprising the majority of people owning paid up policies, benefit most because the new fixed rate of return tends to be higher, sometimes significantly, than current policy returns.

The marketing opportunity for the company is significant due to unique selling methods taught to its commission agents by Bill Dailey, Manager of AgentsWanted.net, Inc. Mr. Dailey's success encompasses over 35 years of experience in the direct selling of insurance. His prowess as an agency executive will bring to the company successful insurance sales professionals who recognize the opportunity to market a new product with Bill as their manager.

The secured credit card market is significant for the company. The target market is the foreign seaman who works for a foreign flag ship, cruise ship or freighter, that regularly calls on a USA port. These seamen send funds home utilizing wire transfer, which is very expensive. The secured card will allow the same transfer for $1.50 versus $66 by Western Union. (The fee for a Western Union transfer of $1,000 to Manila is $66). Millions of dollars are transferred each day in the international marketplace. The introduction of the secured card satisfies a visible need and provides a substantial business opportunity for Fortune. Fred McGee, President and CEO of Fortune, has considerable banking experience to go along with his business acumen. Mr. McGee has significant contacts in the cruise line industry. The credit card sales effort will be launched in the cruise line industry in September.

Fortune will hold its annual meeting September 11, 2001. The company plans to be fully operational September 1, 2001. Management expects revenue to begin in September with breakeven forecast for the second quarter of 2002.

[Joemoney]

This is the PR that got me interested in SRGO

http://biz.yahoo.com/bw/010816/160207.html