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FFGO awaiting the run…..>8^}
BEEN RIDING THE STORM AND STAYING ALOFT!
..>8^}
For all it’s worth,, I must break down and say I sold some shares here,, and a STUPID loss,, but I won it back 5 fold in the FRE stock. =)
Sorry,, although I was waiting for the pending Divvy, I figure I’ll wonder away a bit.
Ironically, I was playing the field while I waited and the shares here I sold at a loss since the money was ties up here too long, I used it and I gained it back times 5 -LOL!
I still believe in this stock and will still wait for the divvy for the remaining shares I have here…
(I might sell more at a gross loss here and maybe octuple it this time in another stock)
however, GO FFGO!, I’m still rooting for ya!!!
Cyaz-all!!
Going to make some more money!!!
I’ll be back!!
BTW, if FFGO has invested in FRE (Rather than HGLC) back when 'FRE' was trading at 16-cents, about two weeks ago, guess what they would have had today!!! with 'FRE' trading now at $2!!!
Hell our Divvy may have been upped to $1!!! the hell with .0239 LOL!
Be that it may, FFGO has been Apparently Transparent
CROSS EYES TO ALIGN RED DOTS and SEE FFGO (center image) IN Transparent 3D! ..>8^}
rheddle agreed!
And let me ask, if this is voted IN,, how many investors do you think will be climbing over each other to get in this stock while it's at this all time low?
'Rawnoc' nice to see your change of heart -LOL!
I knew it was in you..=)
But as for this comment of yours to me,
RE: PS -- I'm not sure what the diary of your trades has to do with your absurd comparison of FRE to WM's situation.
Um I found this strange since my even mentioning them was in response to YOUR bringing the two UP, in comparison.... sorry.
BUT!,, yes!! $5000 to ME was GOOD!!,, so what if YOU got $100,000.... GOOD for YOU!! And I’m very happy for you!!!..=)
However, what I got (by luck no doubt) would NOT have happened if I followed and shared what you've implied in the comments you've made to me in your previous posts…sorry –had to bring that up..
But I'm a student.......teacher!..=)
AND--BTW, your pointing out the grossly cheap pps of this stock, (Nice), was merely the basic responsibility of as a MOD (as I understand you are) -LOL!
Nothing to do with YOUR personal attempt to IMFORM us -LOL!
But I credit your attempt to TIE that in -LOL!
And just the same, keep up the good work on that as it's more than I've seen in other forums...nice!
Um,,, let me ask,, did you buy more shares here? Cause I’m Banking on turning my lil winnings into at least ¼ million by next summer =)
HAY!,, I think since over the years, I’ve about learned my investment lessons (although the hard way....OUCH!).
BUT MOST IMPORTANTLY!!!
I Offer a ceasefire!! -LOL!
I wanna be your forum friend =)
Not your Pissing match opponent!!
Life is too damn short to waste on pissing matches.
I want to LEARN FROM YOU not FIGHT YOU!...>8^}
Who knows,, one day we may be in wheelchairs at a table in a park playing checkers =)…LOL!
(may even let you win a few) -LOL!
LET’S ALL HAVE FUN MAKING MONEY TOGETHER!!!
I think the FED/GOV/IRS etc. would like this as the results would lead us to be excluded from their dependencies =)
(Actually we might be Included in the group they’ll profit from)
and it all can start HERE!! In this forum!! On this STOCK!!…=)…. (among many)
um,, mind if I call you PAL?
And as for YOU Brad S.....>8^{.....Naaaaa Never mind,,=)... I'll save it for later...>8^}...LOL!
Federal + FRE = FREderal Reserves….>8^}…LOL!
Actually, if the FED play THEIR cards right, When this stock rises, they can get back what they’ve “Funded” 10+fold+ -LOL!
(No need to raise taxes (wink! wink!)) LOL!
But it will be a wise to move forwards for the 700B Bail-out (as its been coined)to avoid the crash.
As the results of the crash may likely cost the Feds (GOV) about 700B+ anyways –LOL!
Let’s see how it may possibly effect the fed/gov if not passed;
1. businesses shouting down(-'$$$')
2. job losses(-'$$$')
3. foreclosure goes supernova(-'$$$')
4. families needing FED/GOV. Assistance goes supernova(-'$$$')
5. crimes goes supernova(-'$$$')
6. civil unrest(-'$$$')
7. rise in suicides(-'$$$')
8. extended overtime demands for law Officials(-'$$$')
this much in its self will cost (-'$$$') billions and this list didn’t even hit 10% of the resulting issues that may likely occur following a crash of this magnitude (likely effected population now tripled since last major crash.)
So as I’ve said in previous posts,, this “WILL” be passed, as there’s a hell of a lot more riding on the OUTCOME than on the INCOME!
Mark these words…
I doubt very much this country, with all the bright minds, surpassing the moon and put a robot on mars and all would allow a crash to happen.
Besides,, if they do? Then the war in the Middle East (IRAQ) would be totally pointless and totally in vein! As the crash HERE would likely open the north up like a can of dog chow for herds of blood thirsty wolfs …>8^},,, but one thing,, I think they’ll go for the hand that did the feeding…..OOPS!,,, isn’t that hand attached to the body? …>8^}
YEP!, As a matter of fact,, I think I’ll allocate even more money for shares tomorrow.
And if it don’t go up tomorrow?.. then…. SO WHAT! -LOL!
There WILL BE plenty of days (weeks) of plays ahead for a good flip -LOL!
(Wondering if I should pay on all my utility bills in advance for the rest of the year)…>8^}
Dee-dee, ta-da dah!
Dee-dee, ta-da dah!
Dee-dee-dee da ta da ta DEE da da-Dee daaaah!
=)
MILK? Naaaa MONEY! does da body good -LOL!
then I can own the whole damn farm! -LOL
FRE_ddie RETURNS! Shihh Shihh Shihh Shihh Shihh Shihh Shihh Shihh haww haww haww haww haww haww haww haww =)
I love that FRE-ddie movie sound theme …>8^}
The (Monday) suspense may be is a thriller -LOL!
A real blockbuster -LOL!
Welp folks,, I think I’ll go for another flip here.
Hell I don’t care about trying to make a patriotic image.
Going long and strong on many of these companies and all. (although this stock might be an exception)…=)
I used to live in the longs tho,, and have loads of losses to show for it….>8^{
I’m done with going long on any stock. (well, that is with a few exceptions)...>8^}
I don’t care how I’m seen in making this comment or who thinks what at this point.
There’s money to be made and I’m making it And that’s that!
And after a few weeks (months) when all is forgotten, all curses and fowl languages (possibly against me -LOL!) have subsided, I’ll have a bigger bank account and likely debt free -LOL!
I’ll be diving back in this baby for round 2 tomorrow.
I do expect this to go up (again) from where it is now (don’t know exactly when tho)
It may even dip a bit…. –SO! -I’m playing the winnings anyways -LOL!
And if by some freak of nature I lose my play? –then, what the hell, I’ll simply claim it as capital losses to offset my claim of capital gains on my next tax filings –LOL!
OOPS!... wait a sec,, what if I gain an excessive amount of money....>8^{
Hmmm,, then I'll be sharing it with the IRS......SO! -LOL!
ROFMLAO! -Cool!
I'll still clear an over-all capital gain -LOL!
As a matter of fact,,, Here IRS!! take another $200 -LOL!
There'll be more where that came from -LOL!
Don’t you just love how money works??? -LOL!
Money money money monnnnneeeeeeeey!
MONEY!!!
-LOL!
But, Turning $650 into $5190 means YOU are wrong..>8^}
and your ideas are wrong,,, sorry
Making clean money is ALWAYS right......NOT wrong...>8^}
Everyone will a brain agrees (Including you) because MONEY speaks a Universal Language -LOL!
This is why I said you’re the one who’s wrong and the negative embellishments we’re all getting from you seems more like an attempt to keep the pot for yourself by “hopefully” discouraging enough possible opportunities so that YOU can increase your own odds.
I never said I was going LONG on any of these stocks I merely stated a possibility of investing small monies while the window is open. (ya know, the amount lost buying state lottery tickets and have yet to win at least .05% of it back?).
I’ve won from this stock in less that 2 weeks, all the monies I’ve lost in the state lottery in 4 years.
On 09/16 /08 Tuesday, I bet that this stock would go back up to atleast $1 in a month and therefore invested $650 worth of shares.
On 09/26/08 I sold those shares and cleared about $5159 after commissions.
Although I’m still kicking myself as I was a click away from putting up $1000 which would have been about $8000.
I saw an opportunity which in MY luck, never knocks and went for it. Using my own (um lets see,, what did you call it?) Iiiiimmmmaaaagggggiiiinnnnaaaattttiiioooonnnnn.
ROFLMAO!
And about that locomotive?,, you missed that point too.
(This forum isn't about WM,, sorry, but your YOU, I'll include them)..=)
FRE, (or WM)..>8^}.. as I said before, isn’t some over-night boiler room pink POS.
This (these)...>8^}...was a ground shaking locomotive listed in the S&P500 than gone from trading over an average of $20+ a share for over TEN YEARS!!
Then in damn near in a blink of an eye went to under 50 cents? WTF?
I KNEW!!!!!! It would bounce back to at least $1,, this was MY target, I didn’t expect $5, $15 or even $60/pps as its done in the past.
And to my surprise it went to over $2
So while I’m sitting here snacking on a nice morning breakfast (from the monies I’ve won from this stock) I am very content and satisfied and will be paying off and on bills next week
LOL!!!!!!!
But unlike YOU,, I share knowledge of opportunities for wealth,, not discourage it.
We'll all see what's what, starting monday..
Be that it may, FFGO has been Apparently Transparent
CROSS EYES TO ALIGN RED DOTS and SEE FFGO (center image) IN Transparent 3D! ..>8^}
For all it's worth, 'ryan100_98' I must agree.
WRONG! the underlying point was simply missed..-sorry.
The underlying point that was missed was explaining the likelihood of the 700B being granted and the reasoning as to why FRE (included in that pie) will not likely stay where its at.
I gave a realistic analysis as to what may likely occur if it were not granted and for this reasoning, the likelihood why it will.
More is at stake on a much grander scale than this FRE stock, but the underlying results DOES effect it.
I simply pointed out the fundamentals, which in effect, possibly debunks doubts.
However, I do respect your opinion as this forum is full of them.
=)
Remember, FRE isn't some start-up POS pink sheet company.
They were strong on the S&P500 not YEARS ago, WEEKS -ago and attached 'TO' and fed too many entities, at and along their tentacles, to be just turned off like some "common" wall switch.
lots can happen when a ground shaking locomotive gets its wheels yanked off while it thunders along.
WM May be a COME-BACK fight!
Hay, ya never know.
I mean after all, what occurred was not expected either ...>8^}
I’m no stockologist, like you folks but, This fall came too damn fast to be so done and over with so damn soon..
I don’t believe what just happened as being SET IN STONE.
Far too many lost or stand to lose too damn much for this so conveniently pack up and call it the day.. THAT is what’s BS.
I REFUSE to believe this.. (Not that what I believe matters)
For this company to tank this fast is due to a lot of Monkeys doing Monkey Businesses in the Shadows so much so that someone got careless and a “tail” shipped into the LIGHT!
As a monkey reached to tuck back in the tail, a shoulder hit the wall switch and suddenly the room was a tornado of Fur, fangs and eyeballs as they knuckled for the nearest shadow but couldn’t find any.
Come Monday, I suspect the OWNER is going to clean house and start anew.
And fight back and send this thing back where it was..
Oh and um,,, I even bought some =)
(now let's see, which 58" plasma do I want next week)...>8^}
The GOVERNMENT , may pay 700B either way.
BTW, churak....excellent post...=), but the following may change your mind.
Although I can give my version of what I think, based on what makes sense to ME, according to MY experiences to date,...>8^}.. there are billions of people out there with different ideas from a whole different experience.
Ironically, each one thinks THEIR version is correct. –LOL!
However, through it all, the only “ONE” thing that gets done is a “Common Interest”
I state this to say, no one knows what that common interest of the masses may be or that which my influence it.
For every group who may not invest in stock ‘A’, there is a common interest what does.
Although on the front end, it may be alleged the government cares less in investors in this company, in the back end, they do.
Especially during TAX season when all those suffering capital losses are claiming it as deduction, thereby, the government (Actually their entities) are paying it.
IMO, I believe the rational of the little guys are based on the pictures within the frame while the “GOVERN-ment” “rationalize” according to the frame that surrounds the ‘Big-Picture(s)’
Many have gone to their graves believe they could have done a better job while having confessed, unwittingly, that not pursued the job automatically disqualified them for the position. –LOL!
In other words, the government KNOWS what to do about this crisis and is not willing to allow it to plunge into what may cost more that could have avoided.
There’s a lot more riding on the outcome than the income.
If the market crashes and all hell breaks loose, the government will still likely be spending 700billions.
But in the likely turmoil that follows a crashed market.
Here’s a ‘risk’ list of what may follow;
1. wave of businesses closing up
2. wave of jobs losses
3. wave of foreclosures
4. wave of crimes, (even from white AND blue collars)
5. Wave of Suicides.
6. Wave of Civil unrest (Racial unrest?)
This is only a few of all hell breaking lose and is enough in its self to cause a ripple of damages that could make 700 billion look like pocket change.
May seem like off topic but it’s NOT! –but I Believe the 700 billions “WILL” be passed (or granted).
BUT in doing so, there ‘WILL” be exclusions, modifications, conditions and restrictions.
There will likely be a list of “NO” and then changes or selections of “YES” only in THOSE areas that wont likely cause financial ‘Cellar’ hells later.
This is ALL my opinion.
I 2nd that
Le_Penny I Believe you're correct!
@ RE: Remember folks this is Freddie Mac not some POS OTC pinkies.
Unlike common POS Pennies, (as it's called), This stock has a Footprint that wont just GO AWAY!
This stock traded at $50 in less than a year ago, $25 about 6 months ago, about $5 on 9/3/08 before going .33 cents on 9/16/08..
If you had invested just $500 @ .33/pps, you would have had about 1500 shares then and at the today’s closing of $2, the market value would be $3000 as you read this.
For some this is only pocket change but for others, it's the following:
1. Free tank of gas
2. Utility Bill Payment(s)
3. Mortgage Payment(s)
4. $100+ towards grocery shopping
5. Car repairs
6. Cell phone bill payment(s)
and on and on..
(It's not the money you make, it's the money you spend)
BUT!!,, since this stock appears to be bouncing back, today’s buys at $2, may be worth $10?, $25? Or $50+?/PPS shortly there after..
Remember, today’s $2 pps traded at .33 pps just over 8 trading days ago.
Whose to say it wont trade at $20 just over 8 days from now?
Ya never know and this stock "FRE" jut aint another typical pink
WM.. Shots called Collectively not Individually
This is because the whole market involved a hell of a lot of players who have their OWN minds.
As with everyone else here, I’m voice my opinion on this issue.
No one person can say what market will do, because they simply DO NOT KNOW THIS!
All one can use is give an hypothesis, assimilated in accordance to their own perception and/or experiences, which changes from person to person.
In this respect, I believe WM may very well see the dollar(s) again.
I believe there’s more to this stock than is being visualized.
As I said, there were loads of shares being bought up this morning, prior to the halting.
And it’s understood this will resume trading on Monday.
Although many may panic by the sight of the .03 at the BID and cock themselves for a sell-off in some attempt to capture whatever they can, I believe this will be bought up very quickly and flipped.
In my opinion, those who bought up shares at .15 are unlikely to sell off at .03.
Those who seeks to seize the opportunity of a life time and DIVE-IN (pockets first) to gobble up all the .03+ may likely do so in hopes they can have one hell of a flip if it goes back to .15+.
Ironically, there mere sight of shares being gobbled up from .03+ and upwards may likely trigger more buys which may then trigger even more buys.
The momentum may drive this well into the dollars.
No one knows what the hell the market might do on this one.
But one thing for sure, I’d like to be among the school of fishes swimming through this baby on Monday or later.
To think this traded grossly higher than it is now just weeks (days) ago has an IMPRINT in the market. (Lots and lots of investors remember this print very well) and if nothing else (IMO) that may seed a massive buy in (or investor buy back).
And another thing,, it was one hell of a wise move to freeze this stock (however annoying it may be for many), whereas, if they left this stock TRADABLE, either to prevent many more from losing more, OR, there may have been a hell of a lot of billionaires by this time next month -LOL!
But I believe this will bounce back and better than a few investors may get quite a stimulus package -LOL! -Part 2 -LOL!
Also, halting would yet still make sense, as persistent trading “DURING” the takeover would have gave the accountant(s) several layers of calluses on their finger tips -LOL!
WM Regarding Stock Halt.
Whether or not this stock is tradable, either way the government pays shareholders in some form or another.
IMO, if these shares were nullified, it would cost the system more to deal with the financial recourse resulting from it than allowing it to trade on.
There were lots of buyers this morning which demonstrated underlying hope and interests.
But if shares are nullified, then the government will be deducting a hell of a lot of claims from the up coming tax season from all injured parties. (So they pay anyways)
The other issue to take in account is all the likely subsidy(s) the shareholders will be needing (more likely from the government programs) due to losses of their share values which they’ve otherwise depended on. (So the government pays anyways)
Whether JPM honors the WM’s shares or not, someone or some federal entity will still end up footing the bill for monetary damages.
Either Directly or Indirectly.
Ironically, the better balance to this madness would be to allow this stock to trade out its course.
If WM didn’t follow through the alleged bankruptcy and instead utilizes the proceeds to initialize some proxy company, they may recover some of the losses by investors who apparently still want in.
,
All in my opinion of course.
Brokerage accounts may show 'BID' at .03 and no 'ASK' at this time.
My take on this for Monday, all those who bought today will not likely sell.
If the PPS rises above the last trade today before the halt, I believe many shaking in their boots will dump like hell.
But then after the panic smoke clears it will rise again.
All in my opinion.
WM Stock Halt update.
Learned from “DD”, stock has been halted, per transition and other acquisitions.
Due to reopen pending discussions.
Maybe today, Maybe next week.
but no reference of terminations.
Still researching more info.
And yes it was trading much higher yesterday and even higher the day before.
However, amazingly, I've observed massive buys following the massive sells.
This observation gives me the impression this stock is yet assumed to recover some percentages (hence the massive buys in spite of all the alleged financial failures and sells)
Someone knows something down the pike and betting on a hell of a return.
Else I’d expect to see nothing but massive sells and NO buys, but such is not the case here.
We’ll see what happens in the next few days.
I may be wrong, but by next week end the latest.
Given the state of the Market, we're lucky to get that much at this point...>8^}
But better days are likely to come.
SMWF L2 as of 09/24/08 @ 1:05
The list at far right is all the Buys/Sell that occurred since market opened today.
Just keeing an eye on things.
on and um,,, you're all welcome =)
LOL! balihi can't answer that –LOL!,, -But
But you got to admire the optimism,..>8^p
None of us are calling the shots here.
We merely reflect off PR’s and let our imagination do the rest –LOL!
I’ve also hoped for the alleged progress but to no avail.
I can only hope for “something” good to come out of this but FATE could care less to what I feel, think or say.. I’ll BE what it BE, with or without me.
I have money tied up in this stock and set to sell at a lost before year end and claim it on my next tax filings.
OR, unless ADCS does what their PR’s lead us to believe would happen, which encouraged our buying their shares, then I may instead OWE the IRS from all the capital gains, rather than the IRS OWING ME via my claiming capital losses (as they are now), as TAX DEDUCTIONS –LOL!!!
(Time will tell,,, and just 4 months away)..>8^}
Whether ADCS stay as they are now and I sell at a loss, (Then the IRS will own ME), or they do an R/S and I inure a loss, (Then the IRS will own ME), or they succeed in this business venture and I incur capital gains (Then I'll Owe the IRS) -LOL!
=)
but I must say,, stocks that sit at .0001 for lengths of time, are cocked for R/S's
seems to happen all the time.
FFGO L2…..(also L2 for hglc)
The yellow chart (at right) lists all the Buys/Sell that occurred since market opened today
FFGO: (L2) As of 09/24/08 @ 11:10am
HGLC: (L2) As of 09/24/08 @ 11:10am
HGLC L2 was only added due to shares in them owned by FFGO.
BEEN RIDING THE STORM AND STAYING ALOFT!
..>8^}
MMTE L2 Update as of 09/24/08 @ 10:20am
LOL!!!! Prisoner, I love healthy Humor.
-Nice!
Thanks for the follow-up trampwireman, -however,
-However the case, it appears that our views are linked in that the Divvies are “PENDING” the sale of something with or involving HGLC
and I to implicitly agree that the more shares FFGO buys in HGLC, the higher the “Extraordinary Dividend” their shareholders may likely receive.
PURE Speculations of course.
BUT I don’t think the divvy being tethered to “Some kind” of sale involving “HGLC” presence, is speculation.
BEEN RIDING THE STORM AND STAYING ALOFT!
..>8^}
Oh and um,, my posts are profound because I’m a heavy drinker.
And I really appreciate you responses,, thanks.
????????--- I meant HEAVY THINKER!!
(Damn typos)
-=LOL!
Thanks trampwireman, for your response, -but
I never said that,, sorry.
But I did say the .0239 (on FFGO’s Side), seems hinged on the involvement of proceeds acquired from the sale of HGLC to a qualified buyer.
Taken from Post by: globalsuccess, who re-posted yesterday's PR, >>> http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32383228
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Your Company has undertaken not to dispose of any of these shares of Hunt Gold Corporation Common Stock in the market and will continue to hold these shares as an investment, pending an "off the market" sale to a suitable purchaser; and then only at a very substantial premium to Hunt Gold Corporation's current trading price. The proceeds of any such sale would be distributed to our stockholders in full
I dont know if "IN FULL" means the entire proceeds of the sale? or the the entire '.0239' per share divvy for shares owned by FFGO's Shareholders.
However, not from the sale in and of its self, but rather from the resulting “Premium” PPS which in effect, affect the sheer share value on FFGO’s share …>8^}
And quite frankly, FFGO has been Apparently Transparent about it
CROSS EYES TO ALIGN RED DOTS and SEE FFGO (center image) IN Transparent 3D ..=)
Nevertheless, I'm sure we'll be getting another Press Release from FFGO that may clear up this speculation
But hay,, why should care be given in chasing someone's speculation(s) -LOL!
(I love this forum)
whether we get divvies of not?
I believe we will and my belief is stemming from the performance of FFGO's current practices, not from the Older practices that many vets are still steamed over..
Thanks dhaliwal_pd,.. =)…I did ask for corrections -But,-
-Numbers were Cut&Paste straight from the PR(s);
All following figures were then based on that.
And using in theory of HGLC going to $1, was based on a fact it was at $3, just 5 months ago, per May/20/2008 historical data of HGLC.
However, the underlying ideal was whether the divvy time-line was based on “Pending” sale of HGLC to a “qualified buyer”.
And/Or at which time, providing the PPS of HGLC goes to a “Premium” to what it’s trading at now, there may then be a disposal of shares currently held by FFGO in HGLC?.
Remember, subsequent PR’s keeps reminding us that the current PPS of HGLC is “Undervalued”.
Upon HGLC’s PPS reaching this “Premium” value, Then will likely be the “Disposal” of FFGO’s shares held in HGLC?.
the “Proceeds” from that sale would be divvied to FFGO Shareholders?, likely at an “Extraordinary Dividend” of “.0239” per current share owned as of the “Record Date”?, (which has yet to be announced).
In another thought, why would FFGO decide to buy such a mammoth amount of shares in HGLC?
Unless (Perhaps) HGLC is about to (or someone knows it’s about to) make a hell of a run and consequently take FFGO and in some sense, its current shareholders –as of the record date, along with it.
***Since forums are open for Negatives, Positives, Pros and Cons, Facts, Fictions, Speculations, Theories, Hunches and what all, to be debated, argued, visited, rejected, agreed upon and what not, I simply posted within these boundaries and see where it goes…=)
I may be onto something or I may need to cancel my account and take up a new hobby twiddling my thumbs behind padded walls…-LOL!
But one thing for sure;
BEEN RIDING THE STORM AND STAYING ALOFT!
..>8^}
In general,
I have never enjoyed the soap opera (or sitcom) as much as I do on this stock.
FFGO has a storybook I look forward to reading each time I’m at a terminal -LOL!
And YOU ALL are the roll playing characters! –LOL
Absolutely Love It!
GO FFGO!
FFGO, The underlying strategy. (theory)
RIDING THE STORM AND STAYING ALOFT!
..>8^}
As I continue to study the underlying strategy regarding FFGO’s movements, I’ve been getting signals I’d like to now share (warning, I am wrong at times).
As I ponder the buyback campaign that took place in this stock and now loads of shares of HGLC being bought up by FFGO, I believe it’s HGLC that’s setting up for a run and FFGO will likely profit from it.
In some sense, so will FFGO’s shareholders..
If I’m reading all that has transpired correctly, it appears that FFGO is planning on HGLC rising and from their share’s own in HGLC, a portion will be divvied to FFGO’s stock holders.
This Divi seems to be hinging on whether HGLC is bought out by another company.
Take a second read at this PR;
Fortress Financial Group, Inc. -- Company Increases Its Gold Investments
Tuesday September 23, 12:26 pm ET
Company Purchases an Additional 140 Million "Free Trading" Shares of Hunt Gold Corporation Stock as Gold Price Surges
NEW YORK, NY--(MARKET WIRE)--Sep 23, 2008 -- Fortress Financial Group, Inc. (Other OTC:FFGO.PK - News) confirms that it has……..
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-
-
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Your Company has undertaken not to dispose of any of these shares of Hunt Gold Corporation Common Stock in the market and will continue to hold these shares as an investment, pending an "off the market" sale to a suitable purchaser; and then only at a very substantial premium to Hunt Gold Corporation's current trading price. The proceeds of any such sale would be distributed to our stockholders in full.
If I dissect the above comment, (pardon my rewriting it), this is what I get.
1. Your Company has undertaken not to dispose of any of these shares of Hunt Gold Corporation Common Stock in the market
2. and will continue to hold these shares as an investment, pending an "off the market" sale to a suitable purchaser;
3. and then only at a very substantial premium to Hunt Gold Corporation's current trading price.
4. The proceeds of any such sale would be distributed to our stockholders in full
Now unless I have a hidden impairment, the “Hidden” message I got was as follows;
In (1), the company (FFGO) decided not to dispose of shares owned in HGLC.
In (2), The company (FFGO) will continue to hold these shares “PENDING” a “Off The Market” sale of HGLC to a suitable purchaser.
In (3), The Company (FFGO) will then “wait” until the current PPS of HGLC “Rises” to a higher value (i.e. Premium to HGLC current PPS prices) before THEN “Disposing” those shares.
In (4), The Company (FFGO) will then “Distribute” to the FFGO Shareholders the “Proceeds of any such sales”
Although the grammar was brain fogging, when I cleared the FOG, this is what I kept getting.
I stand OPEN to be corrected….Please ANYONE feel free to do so.
Now,, if I understand something else here, the “Extraordinary Dividend”, allegedly due all eligible shareholders at .0239 for every FFGO share they own (Prior to the record date) does seem doable.
If I observe the following within this same PR;
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Your Company now owns a total amount of 2,391,848,460 shares of "free trading" Common Stock in Hunt Gold Corporation. This holding is valued in the amount of US$11,002,503 at today's trading price of US$0.0046 per share of Hunt Gold Corporation Common Stock.
BUT, if HGLC reaches the $3 /pps as it did last May/20/2008, then FFGO’s shares in HGLC will be worth $7,175,545,380.
If I further observe the PR announcing;
NEW YORK, NY--(MARKET WIRE)--Sep 4, 2008 -- Fortress Financial Group, Inc. (Other OTC:FFGO.PK - News) confirms that the Company has submitted…
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-The Company's outstanding shares of Common Stock as at September 3, 2008 are now in the amount of 27,062,377,817. This includes all the restricted shares of the Company's Common Stock.
The Extraordinary Dividend (.0239) times the common stock (27,062,377,817) = $646,790,830.?
(If I exclude the restricted shares we get 13,256,330,643 x .0239 = $316,826,302 to be divvied)
Now,, if this the amount ($646,790,830), to be allocated and distributed or Divvied to FFGO shareholders from the “Proceeds” from shares sold in HGLC, when HGLC’s PPS reaches (or rises) to a “Premium” price compared to what it is “Undervalued” at now?
If this is the case, it really doesn’t matter how many shares are owned in FFGO. Since .0239 per share wont change and the 27,062,377,817 common stock wont change. (Buy Back suspended)
It simply comes down to being the more FFGO stock shareholders owns, the bigger piece of that pie ($646,790,830) they will have on their plates, until THAT PIE is all gone and will only be served ONCE!
THEN and seemingly ONLY THEN, will FFGO proceed with other plans. (at their choice)
Now,, what must the “Premium” PPS of HGLC be, before FFGO disposes of shares held in them, before using those proceeds to Divvying FFGO’s Shareholders?
Now, with FFGO owning 2,391,848,460 shares of HGLC, and if HGLC went to $1, then FFGO would then have $2,391,848,460.
If FFGO then allocates the $646,790,830 for the shareholder Divvy, this then leaves FFGO (Alan Santini) A difference of $1,745,057,630, perhaps for his new start-up company.
And with one hell of a clean slate reputation to boot, with all Negatives Nullified.
Alan then goes down (or up) in history as having kept his words.
He’s followed by countless shareholders, all climbing over each other to support his new company.
-and we all live happily ever after.
=)
(Dayum, I got one hell of an imagination) –LOL!
All that was stated was PURE speculation. (Wink-Wink)….>8^}
Be that it may, FFGO has been Apparently Transparent
CROSS EYES TO ALIGN RED DOTS and SEE FFGO (center image) IN Transparent 3D! ..>8^}
MMTE Producing OIL? NOW? what?!?!?!
Can someone correct me? cause I think I'm having a DAYmare.
I just so happen to be taking my morning portfolio brows and what do we have here,,, a PR update!
I wont repost it again (as many already have).
but, I will point out some KEY comments as I’ve not heard / seen, anyone point them out since the PR;
WINSTON-SALEM, NC, Sep 23, 2008 (MARKET WIRE via COMTEX) -- Mammoth Energy Group, Inc. (PINKSHEETS: MMTE) is pleased to announce initial flow rate production numbers for its Pawnee county wells.
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The 'first' tanker of oil was sold and picked up from the 3 completed Pawnee county wells. As the remaining 4 wells get on pump, oil pickup is expected to become a daily occurrence.
Am I missing something in past PR's? Because just this told me that MMTE is NOW in production!!!,,,
"I am excited to see the pending…--… HE’S excited?,, hell-,, I’M excited, that the flow is in progress,,,,, and with the winter season coming in the NE, which is said to be a demanding one, MMTE’s may likely have a lines of “Tankers” at their OIL wells waiting to B-Line the hell out.
Then further PR says, …. completion of wells 4 through 7," states CEO Joe Overcash. "Our operator expects to have all 7 wells on pump by week's end and production updates will be forthcoming as the days and weeks progress."
Am I missing something here?
Does this mean MMTE (oil wells began pumping oil) is about to go supernova?
And the PPS sits at .001? with no monster buys?
What!! -And no one seems to give-a DAMN?? -What the hell?
I’m loading up!!!!
WTF????!!!!
Either FFGO or HGLC..
I have my foot in both =)
Mostly here tho.
for now ;)
Hay! Thanks stockguy99999!! I did ask for assistance..=)
As I said,, I was doing research regarding this as this is what I’ve heard from the grape vine.
Nothing was set ion stone,, I just put it out there and see who comes up with what….=)
I was merely reflecting off waman1’s post (#57361) and thought I’d post what I’ve had (or thought I had) so far and see who can make better sense if it while I was away..
I also found GoldCorp’s Web Site but didn’t see any references
I also didn’t find “DIRECT” correlations between GOLDCORP (GG) and HURASU and yes you are correct in assuming I may have been confused with the google search (but I was not), I know typing ‘GoldCorp’ on an internet search engine can turn up GOLDCORP as a name someone gave to a pet caterpillar (they spray painted gold) somewhere in Cucamonga. –LOL!
But I was rushing out and will search more later this evening (or maybe not) =)
FFGO ‘GOLDCORP (GG)’ >>>> HURASU?…..>8^} hmmm
Standing with balled Fists ---LOL!
I too happened across this info and currently researching further.
You can start with this google search >>>>> http://www.google.com/search?hl=en&q=GOLDCORP++was+being+renamed+HURASU&btnG=Search
After further search I got this Website of GoldCorp;
http://www.goldcorp.com/company/
Stock symbol is ‘GG’
And their latest financials as of 2008 2nd Qtr.
http://www.goldcorp.com/_resources/financials/quarterlies/Q22008Report.pdf
BTW, they closed last Friday, 09/19/08 @ $32.18
But I’m searching… anyone else have leads please plug IN!
GO FFGO!!!
If this is true, that company seems loaded and FFGO isn’t even pocket change to them.
Something is UP!!
But I’ll keep watch..
Never the less,
RIDING THE STORM AND STAYING ALOFT!
..>8^}
WELL WELL WELL -LOL!
Looks like some of us are owners on both sides >8^}
FFGO (-----------) HGLC
-LOL! YEP,, I got some too
-LOL!
Awesomebummer I quote you as correct!
According to FFGO, the Buyback Suspension was necessary in order to establish an Ex-Date.
Whereas prior to this, each time FFGO buy back more shares, that changes the float which then requires Record updates, which causes further delays to establishing an Ex-Date under the latest records.
Although FFGO’s buyback campaign is understood favorable for shareholders in one sense, in another sense the act was unintentionally delaying the establishment of an Ex-Date.
(CHECK #22)……>8^}…. -LOL!
Some posts has implied the buyback suspension as a "fall out", alleging FFGO is being over and done with...
This is very far away from the truth and a failed attempt to Dumb-Down FFGO's good intentions.
However, FFGO in all innocence, has since made correction in favor of establishing the Ex-Date before further proceeding with buybacks, if so decided.
Be that it may, FFGO has been Apparently Transparent
CROSS EYES TO ALIGN RED DOTS and SEE FFGO (center image) IN Transparent 3D! ..>8^}
FFGO Regarding the Record Date
As I’ve pondered and prepared for the ‘Record date’, I cant help to wonder about the nature of the logic involved.
In analyzing FFGO’s Press Releases along with following the overall Aura that underly the comments made by shareholders and non-shareholders alike, the air seems filled with a connotation that anyone holding shares prior to this ‘Record Date’ will be eligible for the “Extraordinary Dividend”.
What “DD” says regarding the “Extraordinary Dividend”, is those shareholders of this stock will receive .0239 for every share owned prior to the ‘record date’.
What “DD” says regarding the “Record Date”, is those shares owned prior to this date will likely qualify for the “Extraordinary Dividend”.
Now, with the ‘Record Date’ spinning around in my head, –(Recorded Date of stock Ownership?) –I ponder whether the whole idea is as practical as has been read.
I must be impaired in my perception and is open for suggestion(s) and/or correction(s).
I mean, if buying shares now and receive a “1000%+” return later, was that simple, there would be tens of thousands of people dumping their life’s savings into this stock causing it to be immensely over drawn. (Figuratively speaking)
If viewed in this sense, I’d expect to see mammoth buys to a point that the Float should be already depleted if not nearing depletion it at this time.
There should be a Buy-Wars going on, thus sending this PPS to alpha centauri.
In using info from the following;
NEW YORK, NY--(MARKET WIRE)--Sep 4, 2008 -- Fortress Financial Group, Inc. (Other OTC:FFGO.PK - News) confirms that the Company has submitted all stock repurchased to the Transfer Agent for immediate cancellation.
Copies of all of the documentation and Stock Certificates are already in the possession of "Securities Team A" of the Transfer Agent. The Transfer Agent will receive the original documentation on Friday September 5, 2008.
The Transfer Agent stated to stockholders that their records reflected an outstanding number of shares of Common Stock in the amount of 60,050,850,057. This was incorrect and is now in the amount of 59,150,850,057 shares of Common Stock. The Transfer Agent has confirmed their error and its -correction to the Company in writing.
Now, let’s go for the corrected amount as P/R’d.
Although rounded to whole trillion (T) dollars we get 59.2T worth of Free Floating Shares, I’ll use an even 60T.
***From the surface this seems like a hell of a lot of shares, but, when investigated, it seems quite small.
Let’s say we divide a free float of 60 Trillion Shares equally into 1 million shareholders. -60T / 1M = 60000 Shares.
Noted from the above, a million investors can each own no more than 60K shares before the free float becomes depleted.
If I take in account the Highest PPS FFGO stock has reached since rescued by the new CEO, (.0009 ), then 60000 shares would likely cost about $54 dollars.
Less the highest trading commission fee that I know of, at $19.99 per trade.
I would speculate in worse case, that the average buyer would be reluctant to spend $73.99 to buy 60000 @ .0009/pps w/ $19.99 commission.
I would speculate a definite buy of more than 60000 shares on a PPS of .0001 ($6), with trading commission at $4, totaling about $10 for the transaction.
In recalling Posterist – Vianna’s comment; -RE: post #57247; and many loaded .0001s again, including me btw. I added 9M at .0001 for a total of 74M shares.
Where she alone, admittingly own about 74 Million Shares in FFGO.
Using my calculation and considering the number of shares she owns, this equates to about 1233 investors at 60K shares each, in the preceding example.
Putting it another way, it would take approximately ‘810’ Vianna’s, to buy up a 60 Trillion float.
Now this is calculated just from Vianna’s figures..
As one can see, 60 Trillion shares is quite small when compared against the grand (Market) scheme of things.
The over view is, there are likely vast number of investors holding shares in this stock and holding 200000+ (market Valued at $20 on a .0001 PPS).
Now, here’s the fun part,
If I buy 200000 shares @ .0001 PPS = $20(Market Value), now, under the assumption that 200000 shares purchased @ .0001 will be later transformed by the ‘Extraordinary Dividend’ into .0239 per share, thus yielding a new market value of $4780.00. (200000 x .0239)
This means I’d make a profit of about $4760.00 on the initial $20 invested?
If it were that simple, many would be “Extraordinarily” pouring their salaries into this sock with an anticipation of a “Extraordinarily” early retirement.
If I introduce “Extraordinary” greed into the above speculative equation, there would likely be NO FLOAT – Right now – especially at these “Extraordinarily” low prices….>8^}
I further believe that the “Record Date” is withheld for a very smart reason.
However, if the actual “DATE” of the yet to be announced “Record Date” has already passed, then shares purchased after that date may likely have regular market value, outside the “Extraordinary Dividend” Value.
But since the “Record Date” is not yet known, then one can be losing out on a hell of an opportunity for not buying shares while they can.
FFGO gave no impression for rush buys and even offered cautionary announcements in previous P/R’s.
So FFGO is clearly Covered.
It’s likely certain readers that have taken it on a different spin.
But I do believe the CEO will follow through as stated.
What I don’t know is how it will all transpire but U DO believe “Something” will.
I doubt very much that FFGO will knowingly issue Press Releases that they have no intent of following through. –Especially now that the market is on alert.
If there ever were a suicidal time for stock market scammers to be active, NOW would be it.
Although I’ve had losses in a few companies and made substantial gains in others, I DO Believe in FFGO.
I have my OWN reasons.
Be that it may, FFGO has been Apparently Transparent
CROSS EYES TO ALIGN RED DOTS and SEE FFGO (center image) IN Transparent 3D! ..>8^}
RE:SEC N/S RULING,-Better late than Never…>8^{
According to a Previous FFGO Press Release, therein implied Naked Shorting of this stock.
IMO, assuming so, It’s not so much the Shorting of stock(s), in and of the act it self, that annoys me as a shareholder of said stock(s), but rather the likely unfairness underlying the practice as I’ve come to know it.
Just like there are investors who invest with the idea that the stock will rise, Shorts, on the other hand, invest with the idea that it will fall.
Like playing roulette, you can either bet the ball will land on a color of your choice, or not.
This kind of play is relatively equal in odds, whether favorable or not, it is an acceptable fair play, win or lose.
However, the play becomes questionable when it is unbeknownst to YOU that your opponent has (and they know you do not know they have) greater influences over the outcome of the game, than you do.
Although you may be relying on Historical or Statistical charts and trends in some attempt to predict fate, your opponent, on the other hand, likely has a more physical influence over the actual roulette ball, itself.
In translation, regarding stocks, Naked Shorters can and have been known to CAUSE or INFLUENCE the conditions that may lead to the decline of a PPS of a stock they’ve targeted to Naked Short and thereby acquire an unfair profit at the expense and/or loss of straight-up investors who do not have such an equal level of influences to (in their case) make it rise.
Had the Naked Shorters used and relied on the same method of “DD” as straight up investors, but in their case, to Naked Short their position in a stock their “DD” has revealed in trouble or pending as such, then the gains they acquired from their Naked Short position would “play out” (so to speak), as fair and square.
But if the gains from Naked Shorting a stock was due to some unscrupulous monkey business in the shadows, then this would be an unfair and wrongful act not only against honest straight-up investors but also against the company(s) who sought growth and prosperity but was instead driven to gross losses that for the life of them, couldn’t figuring out how the hell how.
They’ve played by the rules, dotted all their ‘i’’s and crossed all their “t”’s yet somehow, they’re financially being cellar boxed.
Many have gone to the meat-Market, Slaughtered into oblivion without ever knowing they were victims of Scrupulous Naked Shorting.
What’s further iterating is wondering whether some of the R/S that have occurred with stocks I’ve own and have incurred losses therein, may have been due to said company being a victim of these Dirty Market Practices.
Thus likely driven into doing R/S’s in some desperate (Last Hope) attempt to stay afloat.
And to think these unscrupulous stock market acts have likely been in practice for decades, likely sending many would-be “Today’s” thriving businesses, to the damn cellar and possibly beyond.
Some of those businesses could have become today’s employers, which in turn, could have resulted in an overall lower unemployment rate, which in turn, means more people employed keeps people employed, as the demands employ employers to employ them.
(Da Hayell! made me plurally deploy that ploy…>6^}………. –LOL)
…>8^}
I’m wondering if the recent massive stock exchanges (or volume heights) was due to many of the unscrupulous MM’s, Scraping the Scraps of their “Scruples”…>9^}…. to come clean and play fair….-OR ELSE!….>8^}
THANKS SEC!! You are Truly being the SECURE-ITIES and EXCHANGE COMMISSION !…=)
(Better late than never!)…>8^}……………Shhhhhhhh!
Whether or not such laws benefit FFGO, the mere knowledge that such scrupulous MM Practices are being flagged, I think would likely put a dent in such attempts made against FFGO, whether now and/or in the future.
ALSO, this may put a bigger ball in FFGO’s court for a better serve…..>8^}….(So to speak) ,,,due to these new SEC rulings clearing away more debris, which, according to FFGO’s Past Press Releases, were likely blocking the path to the field goal(s)…(so to speak)…...>8^}
Be that it may, (through it all), FFGO has been Apparently Transparent
CROSS EYES TO ALIGN RED DOTS and SEE FFGO (center image) IN Transparent 3D! ..>8^}
DING! DING! DING! DING! MARKET CLOSED =)
FFGO is Still Apparently Transparent
CROSS EYES TO ALIGN RED DOTS and SEE FFGO (center image) IN Transparent 3D! –>8^}
And I'll be watching FFGO on the next market opening...>8^}
But for now,,, I'll just sit back with my Bag of PopCorn and read all the follow-ups..
Good and Bad -Still interesting to hear both sides -LOL!.
(this is the fun part, the after market makers -LOL!)
4 mins left! and counting ..>8^}
FFGO is Still Apparently Transparent
CROSS EYES TO ALIGN RED DOTS and SEE FFGO (center image) IN Transparent 3D –>8^}
FFGO WOW!! What happened????
Did I missed the loading season today?!!!
I’ve been gone for a while and I come back, read up on the last week of so on posts (whew),, but it was fun…
Seems like FFGO went through quite a transaction here,, but for the better..
Amazing how each time Negatives sway many into their frame of mind, FFGO seems to come out with a Press Release that washes it all away -LOL!
Ironically, just before today’s 2nd PR, Negatives boasted about some alleged up coming Reverse Split..
As I continued reading, I came Suddenly across FFGO’s PR that said there would be no Reverse Split -LOL! Nor were any planned anytime soon -LOL! It was hilarious! ROFLMAO!!
But is if having not learned, more negative comments were found and made on other issues as if desperate to have something bad to say of FFGO -LOL!
Totally hilarious! -LOL!
NEVER UNDER ESTIMATE THE POWERS, OF THE “MARKET” SIDE!
..>8^}
I missed today’s “.0001” buy opportunity, but I’ll just get them tomorrow morning.
Well anywho, looks as thought I may need to make more stops here and keep in the loop.
The hell with the current PPS, Seems like things are about to get real golden around here and I need to stay tuned!!!
Vianna? I must admit, you're like a Beacon in this stock, among many others here.
Aside from FFGO, you’re among the next to emanate supporting confidence in this stock.
But I must admit, Negatives do give good examples to support their claims but unless one does their OWN “DD” to prove them wrong, (as I have)...>8^}....they may cause some to get discouraged enough to have 2nd thoughts.
If I might pontificate, Some of the strong, (Such as myself), always seem to find means of neutralizing negativity and thus remain fully charged –LOL! on the Positive Posts …>8^}…..on these terminals….LOL!
WELP FOLKS!! If I read correctly, more Positive Press Releases are DUE this week.
And as always, FFGO is and has been Apparently Transparent
CROSS EYES TO ALIGN RED DOTS and SEE FFGO (center image) IN Transparent 3D –>8^}
Seattletechguy I Challenge you to PROVE me wrong! ..>8^}
Um,, I’ll answer you cautiously being that you’re the MOD for this forum ..>8^}...-LOL!
Um, none of what I presented came outside of the sources for which this forum exists.
Um, about having no facts, -at the stockbully website, there are “two” prerecorded interviews..
One referencing last year and the other referencing this year..
um,, I’m referring to the 2nd interview…=)
As defined below.
“mp SMWF 001” = Last Year 2007
“mp SMWF 002” = This Year 2008 <-this is my reference.
Also regarding non facts, The following are references implied (by you) as inaccurate and out dated since in assumed to be referencing January 2008. (or was that 2007)….>8^}
SBTV Video Report of Seamless Featured on Stockbully.com
Last update: 11:12 a.m. EDT Aug. 21, 2008 …--..>8^}
LAS VEGAS, Aug. 21, 2008 /PRNewswire-FirstCall via COMTEX/ -- Seamless Corporation (SMWF:seamless corp com new
SMWF announced today that a SBTV video report of Seamless Corporation is featured on http://www.stockbully.com . Seamless Corporation is an Internet company that develops cutting edge technologies to create and provide new and innovative products and services for both businesses and consumers.
To view the just released video report, please visit: http://www.stockbully.com
Stockbully.com is a multimedia investor relation's source that seeks out promising and undiscovered companies in the market place and enables clients to utilize multimedia marketing to gain exposure through today's information highway.
"Seamless Corporation is a quality company with good growth potential. Stockbully.com will allow the Company to get the Internet exposure it needs to reach a wider audience in the investment community," stated Adam Ben-Evi, President of Stockbully.com.
"We want everyone to see the exciting innovative things Seamless brings to its shareholders and to the consumer marketplace. This video visually communicates the commitment SMWF has to delivering a remarkable product," stated Al Reda, Chairman and CEO of SMWF.
heh,, so much for being with out facts….LOL!
BUT WAIT!! There’s more!!!
Oh and another thing, Regarding Whether or not they (meaning stockbully) were paid to advertise, (as does ALL advertisers through the entire Planet!), is irrelevant.
To even consider using that as a slap-tactic, was a display of desperately scratching the barrel for an excuse to degrade SMWF.
Besides, if SMWF was being misleading stockbully, then they risk more than they were paid. I Doubt they’d be that stupid.
And um,, perhaps I should digress and say I may be hearing and visually impaired. –Because when I listened to the Stock bully radio (Selection mp SMWF 002” and watched the SBTV report, as referenced here -> http://www.stockbully.com/PROFILES/otcbbprofile.php?sym=SMWF
(Ya may wanna stop/pause the video feed at the far right before playing the one at the left)
Can also scroll down at the bottom of the page and play the Redio..um.. be sure to select “SMWF 002” from the lil-window at the right…=)
In the video, it was “CLEARLY STATED” that the S-GENS (aka S-XGENS) will be “Unveiled” next year, meaning 2009.
Everything else stated in my previous post were very clearly defined, and needn’t be revisited.
EVERYONE reading my posts can simply follow my “provided” information and leads, to arrive to the same conclusion or similar.
-LOL!
I OFFER THE CHALLENGE!!!!
SHOW ME WHERE I AM WRONG!!
And I’ll show why I am right
…>8^}
I have provided my supported information. (you have not)
And If they’re false, then blame SMWF’s Advertisers –who provided the information to the “public” , not me…..>8^}
And finally, I wouldn't MOD a room belonging to a stock I have doubts about.
Hello Seattletechguy, in response to your 2 posts…L=^)
***************************************************************
Posted by: seattletechguy Date: Sunday, September 14, 2008 5:15:29 PM
In reply to: ib12u who wrote msg# 3463 Post # of 3465
ib12u: BMAS & NITE can sell forever
There were 13.3 BILLION shares worth of convertible preferred as of the last SEC filing.
Still a ways to go before those shares are dumped.
Posted by: seattletechguy Date: Sunday, September 14, 2008 5:18:01 PM
In reply to: ib12u who wrote msg# 3463 Post # of 3465
ib12u: It's now the S-GEN, not S-XGEN
And scheduled production/shelf availability has been announced several times before.
They still haven't announced FCC or EU clearance, nor carrier relationships.
Sales after the first of 2009 won't appear in an SEC filing until May 20 -- about 8 months from now.
It's even money that there'll be another R/S prior to that.
JMHO of course.
***************************************************************
Um, I agree with you on the ~13.3 billion shares seeming to be quite a bit.
But, when I dug into it, I found it’s only about 100,000 potential investors each holding about 133,000 shares =)
Er, (Investors) x (Shares Held) = Total Shares Owned
Meaning, Er, (100,000) x (133,000) = 13,300,000,000 = 13.3 billion ..>8^}….Shares.
Now given the quantity of potential investors in the world market, 100 thousand investors isn’t even a dent.
Now add to that the likelihood that many of them may hold more than a 100 thousand shares, yet alone a cool million, then this 13.3 billion shares brought to my attention starts shrinking Reeeeeaaaallll fast…>8^} …..especially at the current PPS…=)……Where 133000 shares, per my clear proovable example, is only worth about a hundred bucks…>8^}
and yes, BMAS & NITE can sell forever, -if their selling only to a handful…..>8^}….at a handful each.. -OR, to thousands who buys “1” share each….>8^}
But when these units takes off, 1 million investors, with each owning no more than a measly 13,300 shares, which at the current price is valued just over $10 per batch, would wipe out 13.3 billion shares. Feel free to do the math…..=)
(Uh’hu, 13.3 Billion Shares doesn’t quite seem so much, ay?)
About the FCC or EU clearance?, um, if according to this interview, here -> http://www.stockbully.com/PROFILES/otcbbprofile.php?sym=SMWF
The Units are admittingly in production, (even while currently reading this post), therefore it would be very insulting to SMWF as a company in its entirety, for one to believe SMWF would invest THEIR company’s time and resources in the production of these units without ever knowing whether they’ll be cleared to sell them, as implied, due to questionable but required FCC / EU clearances, …>8^}……to do so.
Sorry….
And as to whether, RE: Sales after the first of 2009 won't appear in an SEC filing until May 20 -- about 8 months
This will be a mute-point in investor’s references to buy shares, whereas, this may likely occur after these hits the shelves followed by sales Ads, TV commercials and what all, similar to the add campaign for the apple iPhone and all.
Oh and um,,,thanks for pointing out the S-XGEN name being since renamed to S-GEN
In all due respect, I merely referenced the S-XGEN name, as “Printed” on the unit itself;
Um…….Sorry….=)
I think SMWF should be given more credit...>8^}
ROGER THAT!!