Swing trader.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Where do you mean called in the "live room".
Do you mean here on this board or somewhere else?
Don't get me wrong I am not against promoters paying for their use of ihub. Maybe paying for ads or if they link an outside website. I believe many would not disclose and how would Matt prove who they are? Because you or I said so?
Someone here complained about people using 300+ posts a day. How about a posting limit based on the fee the member pays. Cell phone bills by minutes. Internet providers bill by bandwidth provided.
I am new to iHUB(about two months). Sorry, but TOU is a joke. I see good informative posts removed all the time. People repeat the same nonsense over and over again and it stays. It depends on who you are and it did not take long for me to realize that. I rarely posts becasue of this. The only reason I decided to pay is because of the ability to look at posters history to see who they really are and Private Messaging.
Well, I've been lurking here for two days.
I am not a promoter!
They should not pay higher fees. There someone else said it.
If promoters pay higher fees then all the "pumpers" and "bashers" should be paying higher fees.
I don't really believe Matt is just doing this for the cash. If he is then just cut the freebies. There are plenty! If they decided not to pay so what, there would be less Admin resources need and less expense. Make the "grandfathered" pay too! See how ridiculous this could get.
IMO Whether promoter choses to disclose or not is a SEC problem. Not iHUB's responsibility. If iHUB takes on this responsibilty can they guarantee that all promoters will disclose? We all know that's not possible.
Legal and Rebel I believe you have taken a stand and agree with you!
Derb,
Don't know answers to all of your questions. But can answer the tax one. You don't pay the taxes until you sell the stock. You would pay taxes according to the value at time of sale. The true value of the dividend is the value you receive at sale.
Trader
There is nothing on record for these dates because a "dividend" was not paid on these dates.
These two are "dividends" that are claimed to have been held for stockholders on the company's books. They were never officially paid.
IMO It would be nice if they were finally given to the stockholders. Even if they were not worth much. Better if they ar worth something.
Anybody know who owns property that borders Bouse?
Mr Santini claimed in the last PR that the T/A numbers will reflect the shares purchased during the buyback this week.
IMO The A/S can not be changed with Wyoming SOS until the T/A reports a number less than 35 Billion. Even though the BOD may have authorized the CEO to have the A/S reduced.
Wouldn't the SEC question a company whose official A/S was lower than the O/S reported by their transfer agent?
A previous PR stated that the "specialist" company needed 14 days notice before record date. So we would have the same. Unless he told them before us?
Santini has said all along that the dividend would be paid with stock from the sale of Bouse and South Copperstone. He can't pay until the deal is closed. And a 6th grader could figure that out.
I have waited this long and can wait 8 more days to see the sale close!
Yes, I think that is a good sign. Was wondering if anyone here actually was able to purchase at that price. My holdings are all at .0001
Those filings were due weeks ago.
The requirement is to file if you own over 10% of the O/S!
1) Those "investors" listed all owned less than 10% at the time they were listed in the PR(They each had close, but not quite 10%)
2) According to the latest PR and 8-K they would now(as of yesterday) own 10%, unless they sold some shares. (And now have ten days to file.)
3) If they go by the official T/A record they still don't own 10%, until the T/A retires shares.
4) It is not FFGO's responsibility to see that they file. FFGO would not be the one breaking the law.
Has anybody here purchased .0002 today?
OR are they all sales going to the market makers?
Have a feeling many of the .0001's we saw this morniing were those who got tired of waiting and put in gtc sells at .0001
IMO They missed news this morning and are not going to be very happy after seeing todays action.
Stock,
I thought about the privacy issue too. But I recently had one of my companies file bankruptcy. A third party contacted me about the settlement. Someone gave out my information? It is probably in the agreement signed when account was opened. Don't really know.
From July 25th PR:
6. HOW WILL STOCKHOLDERS RECEIVE THEIR DIVIDENDS:
These shares of Goldco Common Stock will be posted to stockholders by Registered Mail on the "Pay Date." The addresses will be obtained from the stockholder register. The Company is retaining a specialist firm to coordinate this entire process with both the Transfer Agent to the Company and to Goldco. They are able to ascertain stockholder names and addresses as at the "Record Date" from DTCC and Broker records, provided they are given at least 14 days prior notice to the "Record Date."
Trader
Rabbi,
Strong revenue stream and rock solid business.
Now, that's what I like to hear about a company!
Especially when I own more than 2 million shares!
Trader
From Aug 19th PR:
Baron that had a major impact on the sales price, hence the buyers and Baron agreed to go back and factor in the additional revenues that would be generated by these agreements and negotiate a higher then previously announced sales price.
They seemed to have agreed to renegotiate the price.
IMO if the deal does not go through we would not have to worry because Baron's seems to be getting lots of new contracts that are worth $$$$.
Rabbi
BIHC is still best pink out there.
We can wait for the deal to close.
Check your mailbox!
Trader
Don't know what to think at this time.
BTW I understand what you mean because I own 20 million shares. Had a gtc sell in for half at .0002 - Glad I caught news cancelled it and will wait to see where this goes.
I think company is trying to prevent the cert pull senario.
An early PR stated that a "specialist" third party company would get names, adresses, etc. of all stockholders on record date and all certs for "goldco" would be sent by registered mail to owner.
If this is still the plan that third party would have a list of all stock held for dividend. If that number did not match the number of shares in the O/S company would have proof of short position.
Maybe the sale took longer than expected. I don't know why deal is not done yet. But he can not give out something he does not have.
Alan could have filed the proper paperwork a long time ago just like he could have filed for the divy dates. He has done neither.
10. All of the Company's holdings in Goldco; expected to be received by the Company on Friday August 29, 2008 and in the amount of US$498,422,955 are to be distributed to the Company's stockholders in full. This means that the Extraordinary Dividend will be substantially increased in size as the Company will no retaining any of these Goldco shares of Common Stock whatsoever.
Why would Alan file a divi date when he has not yet received the "Goldco" stock to give out?
Nice dump today, .0001soon
You say that every day. I guess eventually you will be right. But maybe not until after the dividends are given out!
From January through July FFGO sold about 9.3 Billion Shares of HGLC into the Market.
They were not sold into the float:
From July 10th 8-K FFGO
On July 8, 2008 the Company purchased an amount of 500,000,000 "free trading" shares of its Common stock at a price of US$0.01444 per share of Common Stock. This pricing being based upon the Company's Net Asset Value per share as at July 7, 2008. The cost of this repurchase was in the amount of US$7,220,000.00. This was settled through the transfer of an amount of 6,016,666,667 restricted shares of the Company's stockholding in Hunt Gold Corporation (HGLC.PK) and at a price of US$0.0012 per share of Hunt Gold Corporation's Common Stock; to the vendors of these "free trading" shares of the Company's Common Stock. This is calculated at the Hunt Gold Corporation's market price of US$0.0012 per share on July 3, 2008.
Derb
What somehow excaped him, was the simple fact that a mail drop does not constitute "offices".
Please don't waste our time with this nonsense anymore.
If you check the SEC filings for Visa you will find they use a PO. Box for their "offices" address. This is how it is done. The SEC. does not really believe there are any offices inside that P.O. Box.
You expect us to believe SEC would go after FFGO for something like this when they could go after much larger corporations who could pay much large fines?
Trader
Did you miss this statement at the top of the 8-K?
The Company confirms that the Board of Directors has resolved that the Company's existing Authorized Share Capital in the amount of 5 trillion shares of Common Stock be immediately reduced to an amount of 35 billion shares of Common Stock.
Not hundreds of millions.
They have placed 67.7 million shares of Hunt Gold in Reserve account to be given out as the dividend.
O/S here is 293 Billion.
These are not new shares diluting the market. They are shares that FFGO already hold and they themselves could have sold.
Of course if they all get dumped into the market the same day the pps will go down. Then FFGO and Lumb could buy really cheap!
Newest 8-K says they have put shares of Hunt Gold into a reserve account to pay out the 2005 and 2006 dividends and that the DTCC is handling it.
Guess the fortnight is almost up!
Go Santini!
It was 59 Billion
Now it's 36 Billion
THANK YOU MR SANTINI!
Tells me the CEO is giving us the daily number and the T/A has not removed the shares most recently purchased.
In the 8-K filed today CEO states: "
On August 12, 2008 the Company now has an amount of 31,167,377,817 shares of its Common Stock outstanding following these further stock repurchases and cancellations.
The Company will ensure that all of these shares of its Common Stock repurchased; are cancelled by the Transfer Agent in due course. The Company will ensure that all of these shares of the Common Stock are cancelled with the Transfer Agent prior to the declaration of the "Record Date" of its Extraordinary Dividend being payable to its stockholders.
So a bunch of restricted shares became free trading.
The O/S is what we all expected.
The fact that this stock (with a 24.5 BILLION share float) has held 400%+ gain over several weeks is great.
what's wrong with him?
You tell me! Because it appears he is doing everything he says. Just need to be patient!
Agreed. This is great. O/S is being reduced.
Where are all those negative people today who were looking for proof and shouting "Liar"?
Because last week the T/A was reporting 59 Billion.
Reduced quite a bit!
I clicked on the short interest for FFGO and it says:
Short Interest Date Short Interest % Change Avg. Daily Share Volume Days to Cover
Jul 31, 2008 23,827,224 2.76 1,082,309,895 1.00
Jul 15, 2008 23,187,500 -0.03 250,673,214 1.00
They at least admit to 23,287,224 shares short. Probably more by now?
Holding mine. Occasionally think about selling a few, but I'm in for four grand at .0001 and would survive if I lost it.
I don't think too many are scared.
Volume as of 9:40am
30.5 million buy
2.4 million sell
More buying than selling. of course that's only first ten minutes.
Are we going to get dividends if the company and these "investors" have all of the shares? What will happen?
Buyback?
If the investors on the PR list are not selling as Alan stated then there is only 52 million shares left for the company to buy back the entire available float.
If the company buys more than 52 million then these investors shares would become naked shorts.
Hey Val,
If Vianna has the remaining 50 million. What does that make my 40 million? Naked? Good thing it's warm outside!
Trader
They could have sold if they wanted to. Apparently they think it is worth more than .0006?