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3 @ .0001 and 8 @ .0002 at least we have added an MM on the bid even if no more volume since the market opened.
Back to no bid on Monday.
Why are you posting something from June 2009?
How can you have dilution when you don't have volume? Chris Humphries is CEO, Steven was the one arrested. So a Humphries is in control.
FORMER DLAD CEO - Humphries finally arrested :)
You forgot one important word, "former". The man arrested was the former CEO not the current CEO.
On Scottrade my symbol is ZIPZ#, but I can't trade it. I believe when it does start trading it will be ZIPZD.
The former CEO has been charged. I haven't heard anything about the current CEO having any charges. Charges could still be coming for the new CEO. We haven't heard anything from the new CEO.
No credentials, just experience. Stocks I watch that have gone through splits. They have the 'D' suffix for awhile and then drop the 'D'. So that after the split they still have the same symbol.
Your Scottrade branch is wrong. The 'D' is put there to indicate a split. It is a new procedure where the symbol will go back to ZIPZ after the split instead of getting a new symbol. I have seen it with a few symbols recently.
My Scottrade account hasn't changed the share count either. So I couldn't sell if I wanted to. Not sure if I could buy.
I never read a statement from the company that said the extension was never granted. It was only assumed on this board that the extension was never granted.
THRR said there was an extension and the buying company never said otherwise, only that they were no longer interested in THRR.
I think that gold price still going up is a bad thing. One of the things for us to get the preferred shares is for NMGL to purchase the rest of the stock of the gold properties. If the gold price continues to climb that may make it harder for NMGL to purchase the rest of the stock.
We don't know we can cash in our shares early next year. Some time after 1/1/2011 NMGL board will vote to allow the shares to be cashed in. That could be years from now or never happen.
Except the buyer never said when the deal ended. The buyer's website said there was no longer a deal. It did not say when the deal ended. People on here assumed that meant there was never any extensions to the deal.
I think the procedure has changed to adding a 'D' to the end of the current symbol for awhile after a split and then dropping the 'D'. They may still have the option of changing the symbol.
This seems to be a press release from this morning around 9:30. I don't know why it doesn't appear on iHub. It also doesn't seem to have affected the stock. I would think with this news we would have a bid again.
If FFGO sold it's interests in the gold claims to NMGL and we are going to get preferred stock in NMGL. We need gold to remain high so that NMGL can find someone interested in buying the claims so that we can get paid for our shares.
Doesn't Sloane have 10 days to file the 13D after the actual purchase?
Neil, what are you saying is wrong? The post you responded to was a copy of the email sent out to people that registered for email updates on the website. I got the same email.
V,
Did it say somewhere that NMGL is going to sell? I may have missed it but, I didn't read where they will sell it. I wonder if they might mine the gold and get some profits out of it. With the price of gold up it may make it a good move to mine the gold.
Posted by: Vianna Member Level Date: Thursday, August 12, 2010 6:06:20 PM
In reply to: LONGONYONG who wrote msg# 152319 Post # of 152378 Send a link via email Share on Facebook Tweet this post
MY OPINION
Long and ALL FFGOrs! That last 8K was "complex" to say the least. I'm new to dividends. I did not want to comment until I understood what is going on. Also, the Company will be clarifying on the website and I believe in an email what the 8K meant "exactly."
People are yelling SCAM and that is NOT the case. I don't care what anyone says. What it is not is instant cash in our accounts for .003427/share, but WE WILL GET CASH when the mines are sold! Did you read that? WE WILL GET CASH! NMGL will be selling the mines for cash and we will get the cash when they do. Preferred stock is being used to PROTECT FFGO shareholders.
I have NO PROBLEM with NMGL being the buyer. The disappointement for me and most is that we will not get "INSTANT" cash NOW, but I can wait. Also, "smart money" that understood what was filed today much better than I did may step in.
I won't be selling my shares until I qualify for the divy.
That's basically what I have to say and I feel MUCH BETTER NOW.
Best,
V
You have to be 4:20 friendly.
I can't get on the FFGO website.
The company said yesterday it would be 4:10 PM. Why would you think it would be any earlier? PPS may change tomorrow depending on what is filed today.
Posted by: mitshelton Member Level Date: Thursday, August 12, 2010 3:41:27 PM
In reply to: None Post # of 152052
This is my last post for the day. I was hoping it would be filed before EOD so the PPS would jump up for awhile, but theyre really waiting till last minute arent they lol.
Just wanted to say
Good luck everyone.
We wont know the record date until the company files with FINRA.
Posted by: mrbizzard Member Level Date: Thursday, August 12, 2010 3:33:00 PM
In reply to: None Post # of 152049
What is the "supposed" record date here for the "supposed" dividend?
L2 hasn't changed in an hour and a half.
9 @ .0001 & 8 @ .0002
Not quite how the show is played.
Posted by: mi2late Member Level Date: Thursday, August 12, 2010 3:17:53 PM
In reply to: mitshelton who wrote msg# 152014 Post # of 152035
The TV Show “Deal or No Deal” has a contestant choose one brief case from many other cases. Whatever amount of money is in the case is theirs to keep --- IF --- they don’t trade it away for an offer that is less than the amount the case may hold. Often they are better off to take the deal and give up their case. But – some contestants have taken the “Deal” and given up the big money. The case is our stock and the contents are our dividend+.
We all have to decide if we want to settle for an offer and sell our case (“Deal” ) or if we believe the benefits outweighs the risk of holding onto our case.
I am in it to win it – so I say “NO DEAL” – I plan to see what’s in my case! How about you! GO FFGO!
No, 16:10 Miami time.
Posted by: BolhuisJ Member Level Date: Thursday, August 12, 2010 3:06:30 PM
In reply to: None Post # of 152022
16:10 New York Time?
Today is an 8-K filing and not a PR. Do they give divy info in a 8-K?
Posted by: Globalstockadvice Member Level Date: Thursday, August 12, 2010 1:58:45 PM
In reply to: pblue who wrote msg# 151933 Post # of 151955
I think so to so many sells because people are impatient. I am wondering about the divy though if they will say anything today. I think they should have said something in this pr
We did lose 3 on the bid but, we picked one up @ .0004.
9 @ .0001 & 8 @ .0002
XXXXXXXXX & 1 @ .0003
XXXXXXXXX & 1 @ .0004
XXXXXXXXX & 1 @ .0005
XXXXXXXXX & 1 @ .01
Its my feeling we may have to weight until the 16th but, I am a patient person.
People just want information as soon as possible. So they expect all the information today. The company has already said that the 16th is when they will get the proceeds from the sale. I think they need the cash in hand before they proceed to pay Sloane for the debt and then distribute the divy. They may even need to pay Sloane before they file with FINRA for the Divy. On the dividend example on the SEC website there was month between the record date and the pay date.
Posted by: Globalstockadvice Member Level Date: Thursday, August 12, 2010 1:28:34 PM
In reply to: pblue who wrote msg# 151918 Post # of 151927
SO there are more delays till the 16th?
I think there may not be any mention about the Divy until they receive the proceeds from the sale on the 16th.
According to the SEC (http://www.sec.gov/answers/dividen.htm) the ex-dividend date is 2 business days before record date for cash divy and one day after payment date for a stock divy.
I got greedy on another stock and flipped and added shares. I ended up losing. This time I will sell a portion, on a run, to cover what I paid.
Posted by: globex Member Level Date: Thursday, August 12, 2010 11:21:50 AM
In reply to: puppydotcom who wrote msg# 151736 Post # of 151801
I'm going to hold through any run this time. I think its a done deal and we will be happy with the results.
Fire, if you are going to quote a message please include header with Poster, date, post # information.
Posted by: Fire Lane Member Level Date: Wednesday, August 11, 2010 10:41:12 AM
In reply to: mitshelton who wrote msg# 147615 Post # of 151265
and this is directly from Dave Goldgerg? eh?
Quote:Just got off the phone with Dave from Investor Relations at FFGO.
I asked him to clarify what he could with the dividend.
He confirmed the record date will be August 12th with the dividends being paid on August 16th.
He did not know if the dividend would be shares of stock or cash.
He said the dividend will be worth .003427 per share of FFGO.
So for example if you own 1,000,000 shares of FFGO, your dividend will be worth $3,427.00.
He said he definately would expect the company to clarify more on the dividend soon. Did not say when for sure or if they will clarify.
Hey just the fact that he answered the phone made me happy.
I didn't believe that Monday would be the last day. I even asked if it could be today because today is 3 days before the date FFGO is supposed to receive the proceeds from the sale.
Posted by: Fire Lane Member Level Date: Wednesday, August 11, 2010 10:20:36 AM
In reply to: mi2late who wrote msg# 151214 Post # of 151222
and even his "what if" is wrong and posters were spouting off all weekend about monday being the last day to buy in. I believed all those posters. didnt you?
No Fire Lane I do not count it as another lie. If I tell my friends I am going to leave to visit my mother on the 15th. Then find out that my brothers will be there on the 30. So I change my plans to leave on the 29th so that I can also see my brothers. that does not mean that I lied when I said I was leaving on the 15th. I fully intended to leave on the 15th but learned it would be beneficial to leave on the 29th. Not to mention the disclaimer of the Safe Harbor provisions.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually," "projected" or "guidelines." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors and other risks identified in filings made by such company with the SEC.
Posted by: Fire Lane Member Level Date: Thursday, August 05, 2010 7:06:02 PM
In reply to: pblue who wrote msg# 148925 Post # of 148940
so if it was changed then we can count august 6th as yet another lie and delay by FFGO
You missed the point. The original poster said Sloan was dumping shares. Do you agree that dumping is selling? Would Sloane buy all those shares and then sell for .0001 before qualifying for the dividend? That is what the original post was about. It would be smart to buy and hold until qualified for the dividend. I would buy and hold for the divy, but I wouldn't pay all that money to turn around and sell for .0001 before I qualified for the divy.
Posted by: poohbah61 Member Level Date: Thursday, August 05, 2010 6:59:57 PM
In reply to: pblue who wrote msg# 148887 Post # of 148932 Send a link via email Share on Facebook Tweet this post
pblue:
For easy math, lets use these numbers:
1. Sloane immediately buys 17b shares @ .0035 for roughly $59,500,000 to gain sole controlling vote in how the dividend is to be paid. They at this point have a lot of "say" in the divy.
2. Then Sloane buys an additional 15b shares at market (.0001) which takes a while to do, for roughly $1.5 dollars. They now have 32b shares
3. Sloane then votes that all shareholders gets a "Cash" (it's stupid to do otherwise) divy at .003427.
4. Sloane at this point is out $62 million dollars and plus a little change for the existing notes, so for sake of argument $65 million bucks.
5. Divy for .003427 X 32 billions shares (and that's providing they own no more, but they likely do) which gives them $110 million dollars.
Now, you tell me...wouldn't YOU do that deal?
Pretty good take home for a months work.
It didn't happen on the 2nd. On the 2nd there was a press release that revised the date to August 12th.
Posted by: tmsocha Member Level Date: Thursday, August 05, 2010 6:50:28 PM
In reply to: Fire Lane who wrote msg# 148909 Post # of 148929
1.2 The Company shall have executed upon its sale of its entire interest in Bouse Gold, Inc. and South Copperstone, Inc. by no later than August 6, 2010 THIS HAPPENED ON AUGUST 2ND!!!
C'mon Fire Lane, you already know that the date was changed from August 6th to August 12th.
Posted by: Fire Lane Member Level Date: Thursday, August 05, 2010 6:39:57 PM
In reply to: diamondguru-one who wrote msg# 148895 Post # of 148922
no later than aug 6, so lets see if FFGO lied agian
I think you mistyped. On August 2nd there was a press release that changed August 6th to August 12th.
Posted by: tmsocha Member Level Date: Thursday, August 05, 2010 6:02:23 PM
In reply to: pblue who wrote msg# 148892 Post # of 148899
August 6th was changed to August 2nd they announced the purchase