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The ASK has turned into the BID, lol
Try placing it at 0.00001
That's if they were in the country
Aug 17 was the loan payment to Sloane
The deal was done on Aug 12.
I think FINRA/SEC stopped the sale.
NOT enough!
Good job!!
WRONG Fortress.
a.) The Company is pleased to announce that effective June 4, 2010, it will be operating as a Nevada corporation following completion of its merger into Fortress Exploration, Inc., a Nevada Corporation formed solely for the purpose of reincorporating the Company in the State of Nevada. Each holder of Common Stock of the Company will receive one (1) share of $0.00005 par value common stock in the Nevada corporation for one (1) issued and outstanding shares of Common Stock held in the Company and holders of Preferred Stock of the Company will receive one (1) share of $0.0001 par value preferred stock in the Nevada corporation with the same rights and preferences as the Preferred Stock for one (1) issued and outstanding shares of Preferred Stock held in the Company. The purpose of this merger is to change the Company’s domicile from Delaware to Nevada.
It is from the 8k of NMGL.
You do know that they were directed to surrender their shares for no money?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53596913
Can't wait to go the annual meeting to shake hands with our CEO and directors.
When you get your voting proxy in the mail it will tell you the location of the Annual Meeting and the agenda of the meeting.
Take it up at the Next Annual Meeting of NMGL/FFGO
Preferred shares will be discussed at NMGL/FFGO next annual meeting. Don't forget to Call into the conference call and ask plenty of questions.
Janice: does this mean people can't get A&B preferred stock certificates because NMGL will not give them stock power?
Stock Power
The ability to transfer stock, granted to someone other than the owner. For example, a stockholder may grant stock power to his/her broker. This allows the broker to make decisions regarding the stock without owning it. Stock power is most common when stock is pledged as collateral on a loan. It is a type of power of attorney. See also: Beneficial ownership, bond power.
What is stock power? Seem like this company dictatorial powers and may cancel stock at will.
Where does it say voluntarily? Looks like they were directed to surrender some of there restricted stock for no money and no common share conversion. http://ih.advfn.com/p.php?pid=nmona&article=43989338&symbol=NB^NMGL
TEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
AMENDMENT OF BAUMAN CONSULTING AGREEMENT.
On August 12, 2010 the Company entered into an amendment to the Consulting Agreement with Frederick C. Bauman. The amendment is effective as of July 21, 2010 and requires Mr. Bauman to immediately surrender to the transfer agent for cancellation 49,900,000 of the 50,000,000 shares of the Company's restricted stock that were granted to Mr. Bauman under the agreement.
AMENDMENT OF FLEXWELL FINANCE LIMITED CONSULTING AGREEMENT.
On August 12, 2010 the Company entered into an amendment to the Consulting Agreement with Flexwell Finance Limited ("Flexwell"). The amendment is effective as of July 21, 2010 and requires Flexwell to immediately surrender to the transfer agent for cancellation 49,900,000 of the 50,000,000 shares of the Company's restricted stock that were granted to Flexwell under the agreement.
AMENDMENT OF LOWENTHAL EMPLOYMENT AND SERVICE AGREEMENT.
On August 12, 2010 the Company entered into an amendment to the Employment and Service Agreement with Ronald Y. Lowenthal. The amendment is effective as of July 21, 2010 and requires Mr. Lowenthal to immediately surrender to the transfer agent for cancellation 49,750,000 of the 50,000,000 shares of the Company's restricted stock that were granted to Mr. Lowenthal under the agreement.
AMENDMENT OF TOPCAST MANAGEMENT LIMITED CONSULTING AGREEMENT.
On August 12, 2010 the Company entered into an amendment to the Consulting Agreement with Topcast Management Limited ("Topcast"). The amendment is effective as of July 21, 2010 and requires Topcast to immediately surrender to the transfer agent for cancellation 49,900,000 of the 50,000,000 shares of the Company's restricted stock that were granted to Topcast under the agreement.
ITEM 8.01 OTHER EVENTS
On August 11, 2010, Mr. David Wolfin delivered to the Company a Stock Power for all 72,000,000 shares of the Company's common stock owned by Mr. Wolfin. The Company intends to use this stock power to immediately cancel the 72,000,000 Wolfin shares.
Following completion of the cancellation of the Wolfin, Bauman, Flexwell, Lowenthal and Topcast shares as reported above, the Company will have 133,550,000 issued and outstanding shares of common stock
.
If there is short selling or NSS then 41% naked buying or plain buying of FFGO on Friday http://regsho.finra.org/.
Naked buying is the riskiest form — there is no hedge or arbitrage opportunity, you are simply betting on the direction of the market. that’s where you can make more money.
Its NOT advice, it is something I did because people said you can't sell at NO BID. I took a risk, like I took a risk buying this stock. I sold because I couldn't stand the track record of these foreign nationals.
1) No Annual meetings
2) No Voting on directors, etc.
3) No Voting on accountants
4) No earnings in 5yr
5) No location of the company. Here today gone tomorrow.
And the word MAY does not guarantee CASH in the preferred. I Won the Lotto with my 6 million plus trade on Aug 18.
Sure do.
Did company make money? No
Did the Board of Director win by majority of votes? Voting isn't allowed by shareholders.
How much gold reserves are there? Do not know management was too lazy to analyze and study their claims over a period of 5 years. Not looking out for shareholder's interest.
How many annual shareholder meetings were there? None
Now the warnings come out from "lotto play" and "Elton John". They Never warned you against the management of these companies or the past track record of companies lack of profits.
No sticky note describing the history of the management. If you read further posting by myself you will discover a post that I mention you have to decide for yourself on the risk of a market order.
I wanted out at any cost so, I place a market order.
Because Mr. Bezzano answers to no shareholder (Ha, Ha) .The shareholder can't vote Bezzano out (Ha, Ha). Can't even meet him in person at the Annual general meeting.
It's the British Invasion:
Let's meet some of the companies:
FFGO
NMGL
TUFF
They are the SCAMMERS with mop top hairdos
Don't be suprised when NMGL and FFGO are HALTED UNTIL PROVEN OTHERWISE they will be HALTED before or after their PR!
Are NMGL and American Bonanza Gold Corp the same company? NOPE
American Bonanza Gold Corp shareholder have Annual General Meeting. Where FFGO an NMGL do not.
The above is a main point in determining SCAM stock. No voting rights in determing the management you get crooks to run the company.
Did you place a market order? Try placing a market order instead of a limit order. Better than being worthless unless you have some capital gains somewhere else.
But Searchlight have done nothing over the past 5 years.
There is over 1000 shareholders
NMGL is close-end fund with no cash assets. FFGO is a Blank check what ever that means. They don't even explore they exploit the shareholders.
FFGO mines are not active which means no production and therefore, no money is being generated in the company.
I wouldn't say no gold ( just no proven reserves) but all the companies involved in this deal have no meaningful cash, profits, and production from assets.
Yeah, I know Lumb and company are a tough bunch mismanaging, misleading, and misinforming the shareholders.
For a split second in March 2010. 0.003 a share remember the good old days.
Some people are receiving e-mails from Dave Goldberg that "the company is waiting on NMGL approval to move forward with statements made"
I thought NMGL already moved forward. Looks to me NMGL is having cold feet before getting into bed with FFGO.
Question remains from what source of CASH? The only cash they received are from people buying shares of NMGL or FFGO.
If there was another buyer for FFGO assets they would have bought them on Aug 12. instead NMGL did.
Gold will be too high comes Jan 1. Just not worth the investment maybe at $4,000 gold.
The other private company is Sloane.