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MM's could care less about this oinker. You talk like this stock trades or something. Geeze.
peewee, you ought to learn to stay away or flip these low life pinkies, especially this one!
How many 10's of thousands of innocent investors might have stepped into this trap if the bad boy's are not taken down NOW.
I agree Major.
Major....Happy Easter...If you find a broken Easter Egg and the Easter Bunny broke it, please DO sue the Easter Bunny...LOL!
Weo, FGFC stated on their website at one time that the AS was 152M and the issued was 151.8M +or-.
In addition, NT10-k filing. Even when Bany does file, the OS will not reveal all of the dilution which has (IMO) occured in Jan-Mar 07. I believe this is why the 8K (material events) was filed today.
GLTA
Out today @ .001.....too much dilution way too fast. The 8K just reduces the price warrants may be exercised at. See more dilution coming.
GLTA
Well, I have never wished for anyone to lose money trading stocks, especially the guys on this board. I hate the management of these pinkies that lie. As for this one, I made $ in June. Since then a steady decline except for a couple of blips.
There is enough DD material around now, so at this point, I have no sympathy for anyone entering.
Good Luck Though
Timster, that is correct. BUT, I believe there would have been massive dilution. If you read about Hayter/Ican/Ibcx/Fgfc there are just too many similulatities in their PR's. Major seems to have proven that Hayter signed documents and was involved thru Sept. 06 when it was said he was out.
I believe Major caught this in the beginning and now they are stuck for explanations.
Ibcx is just in reference to Hayter; just as Fgfc is in reference to Hayter. Both the same to me.
For me, the scam involves filing with the state of Deleware that OS was 152M and issued 151.9M. Then the buyback which I do not believe ever occurred. Then the issuance of shares while the buyback was suppose to be happening. In addition, all those pumping pr's which FGFC has never addressed again. Do they even have a BOD. Whom can believe honest Abe whom was fired in a one line pr.
I wish the blind birds would address these scamy actions.
Hayter kept puting out pr's about subitting filings for Ican and how the auditors were progressing. Instead he changed the symbol to Ibcx and started the same BLA BLA BLA. Well he diluted the crap out of that one with a bunch of other lies. FGFC may have been the next one his list.
Not sure. If a company does not have the resources to do a Sec filing, they probably don't have the resources to be successful. I find this true 99% of the time. You can make $ with pinks but it's in and out, at least for me.
Yes,and that one is blatant Fraud.
Prove it!
Hayter sure did not burn me. I made $ on this back in June 06. Upon further DD I learned of Hayter/Ican/Ibcx.
I support Major because I hate these lowlife's that are constantly stealing money from small investors. I respect Major's actions. I believe all pink sheet companies should be banned from selling stock until they have the resources to do their filings. This would minimize all the fraud floating around in the market.
I might look at this oinker again when it hits .0004-.0006; but only for a flip.
I do not buy stocks that are not liquid. It's the best way to become a bag holder that I know.
I'm sure glad I'm not holding a boat
load of shares that you cannot sell.
Get rid of it!
I know of an individual that did something similar. This individual filed a lawsuit, obtained financial support from current investors, won the lawsuit and accepted the shell as payment. Changed the ticker and went forward.
I sincerely believe that the pps of FGFC should approximate .0004-.0006. I feel this is the value of a tainted shell. Just my humble opinion.
Yea well, FGFC also reduced the AS to 152M and then increased the AS to 500M after they were found out. Explain that one to me blind bird.
Per otcbb.com the Feb 07 short interest was 0; for whatever that is worth.
Exactly was my question. First the TA is not gagged. Then a prospective deal is announced. Then TA is gagged. Raises more questions about what kind of deal this is.
There appears to be no significant short position at this time.
Since they filed with the SEC, why gag the TA? Just tell us what the deal is!
I disagree with you! I am a new guy and I want to know about gagged TA's and "Alex's Past." Will now continue conducting DD.
If the purpose of this board is just to pump the good things and hide the bad; well this board must be full of flippers or daytraders. This is about my "hard earned money."
I think you discourage new entries into this stock with posts like yours!
GLTA
Still wish you well Weo!
I doubt FGFC bought back 1 share. The retired shares were Hayters'. You are really losing it Hawkie; must be holding a bagful.
I pretty much agree; take care.
OK.....just do not like this senseless pumping and his namecalling. I hope all longs can get out of this thing OK!
You are right Titan. It is the same type of pr that got so many investors/traders in the position they are in. No sympathy this time.
Hey, FGFC has not proven one of their pr's yet. What makes you think that this "start up" dental clinic thing is anything at all.
Just another fluffy PR. This time they are dealing with China so noone can validate anything. FGFC may need some $ for their salaries.
That's pretty funny...you have me laughing. It may even be true!
Major, I believed the land flip was possible; the casino deal impossible; and the warehouse lines of credit pure BS. Nobody gives that kind of money to a mickey mouse pink sheet company IMO. If they did, there would be so many warrants attached at a greatly reduced pps. I read the history on Hayter and ICAN/IBCX and wanted no part of it.
I purchased FGFC in early June @ .015 and sold it the next day @ .03; and a couple of smaller flips and out. I was lucky on this one. It is interesting from the standpoint that someone steps up to challenge this crap.
I wish you the best and applaud you for your efforts. Way too much BS with these pinkies. In and out for me.
Hehehehe...I think it is interesting. About the only thing going on here.
IMO there was no real interest in FGFC before Major's suite.
Yes Mustard, I know that. That is the reason why if I buy a pink sheet company I have my finger on the sell button if I see a profit or loss.
Whomever runs FGFC may have ruined a shell. Even if there is a name change there will always be a link between ican/ibcx/fgfc/hayter/whatever.
I happened to make a few coins on this junk; but only thru luck.
I support Major only because it is way too easy to commit white-collar crime in the US. Even if you get caught the only thing that happens is a slap on the wrist. Hell, just hire an illegal alien and fire him and blame it on the illegal alien.