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why do u think a double dip scenario?
I would think the squeeze would happen during the record date nearing??
I am betting that they will wait out for HGLC to conclude with the SEC and then transfer those claims over if the litigation's end up making hglc unrecoverable ...
sorry, imma bit slow tonight... does this verify as ffgo telling the truth or the anti-ffgo crusade telling the truth?? I think that this supports what ffgo has claimed???
-PD
Well, someone obviously is lying as both sides cannot be right here...either ffgo is telling the truth or these apparent comments from Tuff are the truth... one way or the other, someone from the pro ffgo side should call and verify from tuff directly what is being asserted here...any volunteers?
-PD
damn right I'm excited! cant wait to see this play concluded...and from the looks of things, I wouldn't be surprised if things wrapped up before end of month... With gold pushing upwards, new money right now would be very advantageous if used effectively for other promising plays... And if .0050 - .0080 ranges hit, there will be enough to take off the table, re-circulate, and then some :) GL, lets see what next week(s) brings... Tick tock
-PD
LOL, HOW ABOUT STUPENDOUS? STUNNING? INCREDIBLE? EARTHSHATTERING? ASTRONOMICAL? STRATOSPHERIC? LOL, THEN AGAIN....AMAZING WORKS TOO :)
-PD
LOL, EVEN AMAZING WILL BE AN UNDERSTATEMENT!!! $$$$
-PD
PANDEMONIUM WILL BE AN UNDERSTATEMENT !!! $$$$
-PD
Fair enough, however, I still remain doubtful that such a large volume can be bought in market without a surge in stock price, even if over the last few months... And now that remaining shares are being more and more tightly held in company friendly hands, that would make such in market high volume transaction even more difficult to pull off without upsetting the share price... I admit that I do not know for sure just as everyone else here doesnt know...but bets have indeed been made so now it comes down to ffgos days of 'show and tell' to find out who is right and who is dead wrong...GL!
-PD
of course he would have to put up cash to buy into the market...However, what seems to be the discrepancy is this 'float' of 74B whereby the 'implication is that a large number like 20B can even be bought in the open market at current levels...If you are not implying that, that is fine, but the person that I was originally corresponding with did indeed imply that and I do not think that is possible...
-PD
lol, so are you saying that they could have snatched up 20B shares in the market at .0001 without moving the pps???
-PD
oh jeeze!...How long will this 'float be tossed around?!!! Just because the float is 75B means absolutely nothing!! Think about this for a moment, before the loan notes holders were given shares, the OS was approx 35B, then doubled to about 75B but of the original 35B, how many of those shares were in company 'friendly' hands???!!!! And one must realize that ALL of the additional shares that went to loan notes holders are in company 'friendly' hands...I say company friendly in the context that the holder of these share have not and are not going to sell their holding into the market...If ALL that is taken into consideration, one is left with much much less available in the market that is held by hands that are willing to dispose of their shares at current market levels... As the investing company snatched up 20B shares privately, the arguement is why they paid .0035 off market when they could have paid .0001 in market...MY ARGUEMENT IS QUITE SIMPLE: there is no way that this investment company could have snatched 20B legit shares in the market because there are not that many legit shares available in the market. If they were, the investing company could have simply placed a single order of 20B at .0001 and got filled without moving the pps. The fact that they did not just correlates with what the company has been saying all along that this many shares cannot be purchased 'in market' without rocketing the price... Unless, of course, you are saying that this investment company doesn't know what they are doing???? If a short squeeze were to happen for whatever reason, this play is not cornered to rocket outta control.... CHECK MATE MATE MATE!!!
-PD
LOL, you have to be kiddin???!! How can you think that 20B shares can simply be 'bought' in the market without rocketing the price into the stratosphere... And the theory that there are '20billion plus' shares in the open market is almost as ludicrous as the notion that this entire thing is a 'scam'...lol!
"...Had Sloane Investments, Inc. purchased their current massive stock holding in Fortress Financial Group, Inc. through purchases of our shares of Common Stock, in the market, it would have driven the price of Fortress Financial Group, Inc. shares Common Stock to unprecedented price levels..."
ITS GAME TIME!!!! $$$$$$
-PD
Actually, you are wrong...Lets say he bought approx 18B shares and the divi turns out to be a CASH divi of .0035 per share.... For 18B ffgo shares, thats a whopping $63M USD cash !! If he bought the 18B @.0035 for $63M USD, then the divi would double his money to $126M USD (half in cash and half in ffgo stock form)...what I cannt understand is what they will do with such large amount of ffgo stock once the 'divi' is handed out??? UNLESS, the divi is going to be waaaaaay more than .0035 per share,....then that totally makes sense... put 63M in as shares, and get double or triple returns in cash divi form.... this divi has CASH written all over it...but who knows for sure...Either way, these guys obviously know something...
-PD
well, if they pull this off, my hat goes off to them! Lets see what the next few weeks will bring..or is next week(s) here already???!!!! :)
-PD
yea, .0035 is pretty solid... The combination of events is really making this play something special...I have never been involved in such an entertaining (and addicting) play!! :)
-PD
LOL, I think that it is already too late for the wind to change direction for anyone that was following the FFGO scam theory...IF everything that is filed is correct, that really does mean that it is too late to cover 'if' there is a large short position... This investment group really is the nail on the coffin...Once they are satisfied with their private purchases, I think they will hit the market without a care for how high the pps goes...and that would essentually screw shorters overnight!!
Wheres the popcorn?
...this is gonna get very interesting:)
-PD
thats right, there are multiple angles on this one for sure!! Its crazy how well planned this is but I suppose it should not be a 'surprise' since the company has been giving 'clues' for almost EIGHT MONTHS NOW!! What i'm super curious about now is what pps this play will end at once all is said and done??? I suppose that card will be flipped soon enough as well :) GL!
-PD
"...Had Sloane Investments, Inc. purchased their current massive stock holding in Fortress Financial Group, Inc. through purchases of our shares of Common Stock, in the market, it would have driven the price of Fortress Financial Group, Inc. shares Common Stock to unprecedented price levels..."
After each move by the company and company 'friendly' affiliates, it sure does build the case for a rediculous short sheeze (that is 'if' there is a short in this stock:)...and if this investment company, along with a few others, hit the market to snatch up 'cheap' shares, that would really put anyone whom needs/wants shares in a very bad situation and FAST!!!!! If all goes as what seems to be the plan, this play could translate into major CASH!!!!!$$$$$$$$$ Cant wait!
-PD
Hey V, I got the following info directly from FINRA:
http://finra.complinet.com/en/display/display.html?rbid=2403&record_id=4450&element_id=3772&highlight=dividends#r4450
(1) In respect to cash dividends or distributions, or stock dividends, and the issuance or distribution of warrants, which are less than 25% of the value of the subject security, if the definitive information is received sufficiently in advance of the record date, the date designated as the "ex-dividend date" shall be the second business day preceding the record date if the record date falls on a business day, or the third business day preceding the record date if the record date falls on a day designated by the Committee as a non-delivery date.
(2) In respect to cash dividends or distributions, stock dividends and/or splits, and the distribution of warrants, which are 25% or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date.
This link that you provided for investopedia talks about senario 1 when the dividend is less than 25% value of the security but isn't senario 2 more relevant to FFGO as the dividend value would be gteater than 25% of the security???
Can someone clarify this since the two senarios have different ex-dividend dates, with senario 1 having an ex-dividend date two days before the record date while senario 2 having the ex-dividend date one day after the pay date??? ...which senario applies to FFGO???
-PD
NO DOUBT, if they can prove up FFGO, HGLC will only be a matter of time $$$$$$$$$$$
-PD
I see this thing wrapping up sometime in July... back in January, they were blatant on saying that the deal wrapping up sooner than '6 months' is unrealistic, however, 6 months is up by July... and from the looks of it, they are ready to rock!!! Good timing too, I could use some extra cash to re-invest in some more gold plays $$$$
GLTA!
Peace,
-PD
im stickin to it too, and it sounds like the company decided to stick to that too (but conveniently set up a rediculously bad situation for anyone that is forced to buy in abruptly (ie. cover;) hahah! Love it!
Now, lets get paid!!!
Go fortress!
Go bezanno!
Go gold !
Goooo ...I dont know what else..LOL! Peace:)
-PD
no, not at all :)
-PD
lol, No need to hope rocket-man, bezzano-man will make it happen and ya know dis, maaaaaan!;)
-PD
lol, they sure have put alot of work into seting this one up nicely for a potential SQUEEZE if all goes as what is illustrated by the company
!!$$$!!
-PD
what is thy question, I will work on a PR... :)
-PD
ID, I thought you bailed for good from reading your recent negative posts and then you say you might jump back in!! LOL! You are as dazzeled as the rest of us! All good, I think that you will jumpt back in right in the nick of time on doubt :) ...The whole 'float' fiasco is greatly misunderstood..from my reading, this picture is painted quite well in favor of stockholders... We retail are only along for the ride while the big wigs and insiders close a deal many will be talking about for a very long time $$$$
-PD
do ppl still think this is a 'scam' :)
-PD
hey brad,
Isnt the confusion related to how much of the 'float' remains in the 'market'...that is, the amount of the 'float' that is available to be traded in the market...If the investment company snatched up almost 20B of these potential shares, and may snatch up to 15B more, then is that amount not being taken away from the 'active' float??? Would that not decrease the available supply in the market and make getting shares in the market harder and harder, which would cause a surge in share price if demand suddenly rocketed due to an event (ie. EXTRAORDINARY DIVI ANNOUCEMENT)...??? Or am I mistaken???
-PD
Isnt the confusion related to how much of the 'float' remains in the 'market'...that is, the amount of the 'float' that is available to be traded in the market...If the investment company snatched up almost 20B of these potential shares, and may snatch up to 15B more, then is that amount not being taken away from the 'active' float??? Would that not decrease the available supply and make getting share in the market harder and harder, which would cause a surge in share price if demand suddenly rocketed due to an event (ie. EXTRAORDINARY DIVI ANNOUCEMENT)...??? Or am I mistaken???
-PD
HEY GANG,
"...Any attempt to accumulate a sizeable position in this Company’s shares of Common Stock through purchases in the market, would result in hugely increased trading price in the shares of our Common Stock"
I think the 'shorters', if there are any, just got screwed royaly... We shall see what implications all this corporate strategy will have on the share price when buying demand picks up in the market!! GLTA!
And I think this following statement of ignorance to any possible 'short selling' is a legal protection for the company if there becomes a 'short seller' blood bath as a result of these corporate actions...
"...Your Company’s Management is very aware of the numerous allegations of Naked Short Selling, a common complaint from “Penny Stock Bosses”. Despite numerous requests from our stockholders for your Company’s Management to address this issue, we take the view that these allegations of Naked Short Selling are unfounded and that there is absolutely no proof of Naked Short Selling in your Company’s stock. A function of any orderly market is to permit proper “Short Selling” of stocks. Your Company’s Management is unaware of the extent of any (if any) short positions in your Company’s Stock. We are not however, in a position to disprove the allegations of a “Short Position” in your Company’s stock..."
What's that saying again, "Ignorance is bliss!!!" $$$
Well Done Fortress, well done!
-PD
that prol because too many ppl are trying to get to it at once..
-PD
HOLY SMOKES ROCKETMAN!!!!!
GAMETIME??!
http://www.fortfinancegroup.com/
GETTING CLOSER!!!
-PD
Ordinary, dont be silly, im not scared of you being right or wrong...I only care about my own position, and it is a good one...I can afford to place my bets and have a good position at basement levels...If im right, rewards will be seen...if not, they wont...thats the name of the game...fear has nothing to do with the trading equation....oh and btw, dont PM me! thanks :)
-PD
Ordinary, my post obviously went over your head...all good...gluck :)
-PD
you've obviously convinced yourself that your right and have gotten emotionally involved with this play...The way I see it, the cards haven't been laid down YET but the writing on the wall is enough to allow traders to make thier bets... When the last round of bets are in, it will be show time as simple as that... regarding Lumb, there are alot of allegations around these parts...But so far, everything that Bezzano had stated has come through eventually which makes Lumb guilty of nothing...deal with it...
-PD
we will see soon enough how this plays out... you might be right, or you might be dead wrong...either way, time for ffgo to show their hand! :)
-PD
after all this time, you guys still beleive this is a 'scam'...lol...how sad! A few of us will be thinking about you guys when all is said and done...Good luck! :)
-PD
"...This is necessary as the final terms in respect of the sale of the Company's Gold Interests are now based upon this number of outstanding shares of the Company's Common Stock..."
The numbers are locked in!!
Gettin close, real close :)
-PD