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I hope they do arrive soon.
from pinksheets website
Dividends
Div: .00076; First & Final Liquidating Distribution. X/D 1/30/2008.
Pay Date: Dec 28, 2007
Record Date: Sep 13, 2007
Makes not sense the whole dissolution...
why would they have changed company name to have it dissolved, makes no sense
Of course this has not been what everyone was hoping for this play, but most importantly it's really stupid what they are doing: I really don't understand what they are gaining from this move.
and that might be only shareholders as of record date Sept 13th... (we still don't know) All I know is with 500M outstanding, I'm not sticking around to find out. If it's to be divided amongst shareholders of the record date, then the $ will be a bonus.
Needless to say, not the play everyone was hoping for....
I read this on another board. Apparently 350K$+ will be divided by 550M shares, so shareholders will get something like 0.0007 per share.
This is a very strange move, since it will cost them more to dissolute the company than to keep it as a shell on the pinks.
The company is being dissolved. Good luck all.
Got the notice from my brokers yesterday.
not even, someone's dumping.
Anyway if something good is going to happen with this stock then 0.03 would not be such a dream... I mean, a 15M$ market cap is really not much.
Yeah, looks good! Unfortunately they can't cash in on it with the bid at .003, I wish! Maybe one day!:)
LOL. 757.1%. Alot of people showing big gains in their account portfolios for today....
On TDA bid/ask are .003 X .0035. I think someone was trying to buy on the bid and put their order in for .03 accidently, they just probably haven't noticed yet or corrected it yet. TDA won't let you put in a buy that much over the ask to avoid these kinda issues.
Am i reading that correct LAST TRADE .03??????
The first 1.5hours all 10 trades@.0040ASK. It seems like the past 2-3days it gets steam in the morning and than cools off.
Dude your sig is buggin me out
only got half my order filled at .0025
Hi Bayvillian did you end up getting filed. My brother has not gotten filled all morning for 500,000@.003.
EDIT: Well diffently not going to get filled now at this price now but it was strange he wasnt this morning.
They brought this down on little trades... it's nice the accumulation going on with this, something could be up and we may know when the accumulation is done.
looks like they are trying to cap the runs on these shells absent concrete news.
ya for sure, IMO tommorow will be the next leg up for FNGL
They could both sell the shell (so a reverse merger happens, which is good) or use the shell for a spin off or other kind of their business (which is good too).
That's bad...FNGL has been dormant, and they're "evaluating"...which could only mean that they're thinking about selling.
HMMM i'm thinking maybe USEG could spin operation into FNGL so it would be like a reverse merger because FNGL has no operations and changed its symbol a few months ago from FMGL to FNGL.
If it breaks .005, it will run hard IMO.
yup this could be very nice next week
Directly from HAL(from useg - takes care of fngl operations)
"USE has owned its position in 4 Nines for a long time.
"The company is dormant and we are
evaluating options at the moment. Cheers, Hal"
http://www.secinfo.com/d336w.919.htm
US ENERGY CORP 10-Q 8/14/2007
The consolidated financial statements of the Company and subsidiaries include the accounts of the Company, the accounts of its majority-owned or controlled subsidiaries Crested Corp. (“Crested”) (70.9%), USECC Joint Venture ("USECC"), a consolidated joint venture which is equally owned by the Company and Crested, through which the bulk of their operations are conducted, Sutter Gold Mining Inc. (“Sutter”) (54.4%), Plateau Resources Limited, Inc. (“Plateau”) (100%), Four Nines Gold, Inc. ("FNG") (50.9%) and Yellow Stone Fuels, Inc. (“YSFI”) (35.9%).
nice close..looking for a pop early next week, it has been confirmed by USEG that they own atleast 50 percent of the FNGL
nice close..looking for a pop early next week, it has been confirmed by USEG that they own atleast 50 percent of the FNGL
.
niceeee...
been on this boat for like 9 months, nice to see activity after the name change.. has anyone heard anything about USEG/FNGL lately?
this is huge... USEG owns 50%+ of the shell
USEG last at $4.59. FNGL last .003
Hi ClearPlay,
Im not so great at reading L2's but it looks like 9 on the bid and 9 on the ask. How do you think they look.
You got a sec to give a quick run down, still learning!
http://www.allstocks.com free l2's
0.0020 2 15000 0.0030 2 10000
0.0016 1 5000 0.0050 1 5000
0.0012 1 5000 0.0060 1 5000
0.0010 3 15000 0.0070 1 5000
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