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.
maybe this huh lol;The Racketeer Influenced and Corrupt Organizations Act, commonly referred to as the RICO Act or simply RICO, is a United States federal law..treble D
Is RICO shorty? Is dat his name or is shorty his name and rico his tag?
check out BLOM's mandate it will knock your socks off, its in the doc in bio p42.
play~ah
what company lol funny lol
it would take a seriouse moron to believe the 5trillion lmao! ha amatures lol
yup lol;this parts realy funny , lol!
The reduction of the Company’s authorized Share Capital from that of 5 Trillion shares of Common Stock to that of 85 Billion shares of Common Stock.
i posted link read the dates(new) its only 4000+pages lol
The company
presently has mineral rights to three Arizona gold exploration properties and three
Arizona silver exploration properties.
l. The Primary SIC code for the Company is 1000-Metal Mining; with a secondary
SIC code of 1040 - Gold and Silver Ores.
2. The Company is in the exploration stage, and has mining claims in the State of
Arizona.
3. The issuer is not considered a "shell company" pursuant to SEC Rule 405 of the
Securities Act of 1933.
4. The Company has no parent, subsidiary or affiliated companies.
Regional Geology
The regional geological setting is a major east / west detachment fault (called the
“Buckskin / Rawhide Detachment Fault”). Mineralization is found in quartz veins and
breccia zones hosted by the upper plate and lower plates. Detachment fault deposits were
first recognized as a separate form of gold deposit in the 1980’s. The best example of an
Arizona detachment gold deposit is probably the Copperstone Gold deposit, which like
Clara is in the highly extended Western Arizona terrane, as well as in the “Walker Lane”
gold trend. Cyprus Gold mined the approximately 500,000 ounce Copperstone open pit
gold resource during the 1980’s, and another mining company is presently assessing the
feasibility of mining the underground gold resource at Copperstone. Unlike the upper
plate Copperstone deposit, gold mineralization at Clara is found in both the upper plate
and in the lower plate, as well as in the fault contact area itself. The gold is frequently
found in breccias zones with quartz and copper mineralization, which at the surface is
frequently in the form of blue – green chrysocolla or green malachite. Also associated
with the gold are iron oxides (including hematite), which makes magnetic anomalies
potential exploration targets.
Mr. Lowenthal's experience in mining goes back to the early 1970's, when he was
working in Sierra Leone, Guinea and Burkina Faso and obtained mining concessions in
gold and diamonds in these countries. Mr. Lowenthal resumed his interest in West Africa
in 2006, when he was requested by an international mining company to obtain a uranium
concession. As a result of this activity, Mr. Lowenthal established an office in Dakar,
Senegal and Nouakchott, Mauritania and has actively pursued concessions in Senegal,
Mauritania and Guinea. These activities extend from gold to iron ore, chrome and
uranium. The Lowenthal family has been involved in mining activity in South Africa,
Guinea, Senegal, Mauritania, over many years and, when Mr. Lowenthal returned from
Asia to South Africa in 1982 when his family and others gained control of Johannesburg
Mining Finance Limited, which became Consolidated Mining Corporation. This group
specialized in gold and diamonds.
Mr. Lowenthal is presently an officer or director of Kansala Resources SA, Senegal,
Sanko Lowenthal, Mauritanie SARL, Sloane Investments, Inc., Chataprop Holdings 86
(Pty) Limited, IHL Nominees (Pty) Limited, Incentive Securities (Pty) Limited, ASPA
Gold Corp. and North American Gold & Minerals Fund. He was previously an officer
or director of Faso Mining SA, Consolidated Mining Corporation Limited, West
Witwatersrand Gold Holding Limited, Carrig Diamonds Limited, Hanover Capital
Group plc, Anglo Dutch Life Limited, Africa Resources Investments Limited, Catwalk
Investments 398 (Pty) Limited, Hanover Research (Pty) Limited, Incentive Asset
Management (Pty) Limited, Incentive Asset Traders, Incentive Corporate Finance
(Pty) Limited, Incentive Holdings Limited, Rhizoid Timeline Formula Limited, Saga
Lowenthal Commodities (Pty) Limited, Benoni Gold Holdings Limited, Bonte Koe
Mynbou Ondernemings (Pty) Limited, Rex Mining Corporation Limited, Southern
Fissures Limited, Wolfberg Mynbou (Pty) Limited, Carbon Leader Limited, Loxton
Exploration (Pty) Limited, Dukes Court Shareblock Limited, Edgtech Holdings (Pty)
Limited, Master Computer Bureau (Pty) Limited, Moorpark Shareblock Limited, Pick
Distribution Company (Pty) Limited, Pick Square (Pty) Limited, Pick Technologies
(Pty) Limited and Mesklip Prospecting (Pty) Limited.
afternoon V cant wait for trueRelevant Value
wink wink lol
However, it must be said that the interests of all of the majority shareholders of FFGO and the interests of minority shareholder are perfectly and equally aligned.
can_wait Member Profile can_wait
Share
Thursday, September 09, 2010 3:33:49 PM
Re: None
Post # of 189908
Here's some good information:
"I think yesterday’s PR by FFGO and NMGL’s 8-K pretty much finishes off Phase 1 for the sale of Bouse and SC. FFGO’s % of the 2 properties is now safely tucked into a fully-reporting vehicle NMGL which operates as an “institutional mining fund”. The preferred shares are firmly tucked into a private company Western Diversified. My biggest concern all along was getting this step done before 9/29/10. After that date FINRA has the power to halt any “corporate action” (like a dividend distribution) for due cause. FFGO’s not reporting for 5 years clearly would have qualified as due cause. Share dividends like this one are more frowned upon by the SROs and regulators than cash dividends obviously. The market makers naked short the shares of FFGO as well as its 3 predecessors are dues paying “members” of FINRA. Over the last 30 years allegedly a fair percentage of the corporations victimized by naked short selling with a chance of turning the tables on abusive short sellers via any one of a variety of “corporate actions” mysteriously either got delisted or had their 12-g exemptions from registration revoked.
NMGL’s 8-K today pretty much sealed the deal on this phase as the preferred shares were indeed sent to “Western Diversified” which is the wholly owned subsidiary of FFGO that held the mining assets. In order to safely effect the sale of these 2 assets you not only need to get them into a fully reporting entity you also need to coalesce 100% ownership of the assets into a vehicle like NMGL so that the end purchasers can pluck 100% of the assets from them. Juan Jose Quijano had to do the same thing with Medinah’s various parcels of mining claims before he could attract the attention of the majors. I would think the next shoe to drop would be to get Searchlight and the other co-owners to sign off on the deal and be sent their preferred shares representing their ownership percentages. Recall that FFGO owned 23% of one property and 46% of the other.
FFGO was not exactly the “darling” of the SROs and thee regulators. After wisely “going dark” (non-reporting) in 2005 and fighting the shorts for 2 years on March 26 of 2007 they suddenly announced that they had increased their authorized share count to 5 trillion shares. Since the management teams of most pink sheet “presumed scams” usually end up distributing shares (often to themselves) up to their authorized limit the shorts sensing a massive pump and dump immediately attacked and drove the share price down by 99%. Soon thereafter management made a press release stating that they just bought back half of their 60 billion shares at super-cheap levels and they reset the authorized to 75 billion. OOPS! The naked short sellers weren’t amused and the gloves have been off ever since. About 30 bashers have been going at it 24/7 ever since constantly insisting that there is no naked short position and that their nonstop efforts are being made while acting as “shareholder advocates” trying to save investors from being duped. Recall that in August of 2008 the DTCC opened up its subsidiary “Euro CCP” and the level of delivery failures mysteriously fell off of a cliff. Since then the FINRA “Threshold list” and the Rule 3210 “Threshold list” for nonreporting issuers have been looked upon as pretty much an intentionally misrepresentative joke.
Meanwhile the next door neighbor to the north of FFGO’s S. Copperstone property, American Bonanza, recently announced that they’re about to go into production underneath their famous “Copperstone Mine’s” open pit. The westerly neighbor of the Bouse property, Tuffnell, this week announced spectacular drill results and their successful finding of the “detachment fault” that FFGO management was hoping was underlying their Little Butte Mine’s historical open pit. Dr. Wayne Colliston’s suspicion was that there was indeed a “detachment fault” underlying Tuffnell’s and FFGO’s properties in the Little Butte Mine area. If so he was hopeful that FFGO’s property might instead of being perhaps a 1 million ounce gold resource might become more of the 10 million ounce detachment fault resource associated with the Mesquite Mine which is also in the same Walker Lane belt that Tuffnell and FFGO cohabitate. The Copperstone Mine that abuts FFGO’s S. Copperstone property is indeed a detachment fault type of deposit and is the largest discovery in Arizona over the last 50 years.
It seems to be fairly clear that Ronnie Lowenthal of South African brokerage industry fame being the principle of Sloan Investment, FFGO’s largest shareholder, and the administrator of the NMGL mining fund is now the one to keep an eye on. He is the mentor of billionaire Stephen Lumb. Being that FFGO’s market cap is a lowly $7.5 million while the stock is trading at $0.0001 they have lost the option to raise money by selling shares (too dilutive) and develop the property themselves. Instead they have “inventoried” the property and appear to be rooting for their next door neighbors to continue to hit pay dirt which has worked out quite nicely so far.
Those employees of the parties that are naked short FFGO are going to make your lives as miserable and as stressful as they possibly can if you follow the various FFGO Internet discussion boards. Their job is to spread “FUD” (fear, uncertainty and doubt) in order to induce you to sell the shares that you own and refrain from buying any more. This way should the cash dividend come to fruition their employers will have to match that many fewer generous cash dividends. Be forewarned. This is still a very complex chess game being played and not for widows and orphans. When the bashers move on to more verdant pastures then and only then be concerned about the validity of the cash dividend.
The updated Q and A was written by some very bright lawyers intimately knowledgeable about liability issues associated with misleading potential investors by making unrealistic promises. Keep that in mind when you’re trying to understand why a certain phraseology was used. The amount and the difficulty of the work these people have gone to in order to effect this dividend distribution are beyond comprehension. It’s a shame of the level of corruption in our markets that U.S. mom and pop investors trying to make a nickel on a development stage corporate investment need to be put through these extremely damaging physical and psychological stresses and strains just so that a minority on Wall Street can route the funds of less financially sophisticated investors into their own wallets."
yup every intention to wait and add lol thats a fact
nmgl has already paid ffgo look at the form Ds
I keep telling you this nothing has changed the form D shows where nmgl already (past tense) distributed preferreds A B to western diversified a wholey owned subsidiary of FFGO.
NMGL HAS TWO OPTIONS pay face for preferreds before listed or list publicly ffgo will distribute proceeds OF CASH or prefereds since ffgo already hold prefereds A and B NOW TODAY THEY/WE HAVE THEM IN FFGO POSSESION SEE FORM D.
However, it must be said that the interests of all of the majority shareholders of FFGO and the interests of minority shareholder are perfectly and equally aligned.
NMGL intends to purchase 100% ownership of Bouse Gold, Inc. and South Copperstone, Inc. This is imperative if they are to sell these Gold assets for cash going forward. NMGL has not however provided us with any timeframe as to when they intend to acquire the additional shares of Bouse Gold, Inc. and South Copperstone, Inc. and NMGL will clearly continue to follow their own business plan and will only complete all of these transactions as and when it fits into their own business plan. This NMGL policy very clearly extends as well to their purchasing shares from historic stockholders from 2005 who received shares of Bouse Gold, Inc. and of South Copperstone, Inc.
NMGL intends to purchase 100% ownership of Bouse Gold, Inc. and South Copperstone, Inc. This is imperative if they are to sell these Gold assets for cash going forward. NMGL has not however provided us with any timeframe as to when they intend to acquire the additional shares of Bouse Gold, Inc. and South Copperstone, Inc. and NMGL will clearly continue to follow their own business plan and will only complete all of these transactions as and when it fits into their own business plan. This NMGL policy very clearly extends as well to their purchasing shares from historic stockholders from 2005 who received shares of Bouse Gold, Inc. and of South Copperstone, Inc.
All shareholders will become shareholders of NMGL Series “A” Preferred and NMGL Series “B” preferred shares if they are stockholders of Record when Fortress announces this Dividend. This is a necessary step in the process of cleanly apportioning a cash distribution should NMGL be successful in obtaining a cash buyer for these assets
Since the company is ceasing to operate, there will be no further updates and the shareholders must rely solely on regulatory filings and company emails as they come forward in the course of events in order to receive any further insight into the dividend payout process. This will take some time, and we cannot at this time say how long it will take.
The company and its majority shareholders have taken the view that however long it takes to receive the NMGL Preferred Series “A” and Series “B” share dividends and for those dividends to be converted into a cash payout, it will have been well worth the wait when that time comes. This is the reason that Fortress has issued so much guidance as to the likely value of the cash payout in respect of the proposed extraordinary dividend.
Clearly any investor in this day and time would consider an investment yielding several multiples of the money invested would be an investment worth waiting for. This is the result that Fortress has labored to achieve for all of our shareholders, large and small. Our labors are now concluded and now we only await the dividend distribution and subsequent conversion of the assets by the purchaser, into cash.
http://www.fortfinancegroup.com/faq.html
FORM D TRUMP CARD LOL
12,096,115 shares of the Series A Preferred Stock at a price of US$16.00. These shares were issued in payment of the purchase price for a 23.22% shareholding in Bouse Gold Inc.; this issue being to 1 (One) Accredited Investor.
29,334,212 shares of the Series B Preferred Stock at a price of US$2.20. These shares were issued in payment of the purchase price for a 46.84% shareholding in South Copperstone Inc.; this issue being to 1 (One) Accredited Investor
Sales Compensation-Recipient-Western Diversified Mining Resources, Inc.
Minimum investment-accepted-from-any-outside-investor=$258,073,107 USD
ill leave it but thats ffgo not nmgl
so you think form D was fraud?
puppydotcom Member Profile puppydotcom Member Level
Share
Friday, December 02, 2011 2:35:41 PM
Re: Texan77 post# 189807
Post # of 189813
guess sloane wont be buying any more
I really doubt he bought any .. or at least ever paid for any
guess sloane wont be buying any more
10,000,000 shares svbl to cde at 50cents got it thanks
is cde the buyer in this offering today, silver bull. im cornfused?
I think your right I can enter a buy order at any price OK well thats good to know thanks .
alien42 Member Profile alien42 Member Level
Share
Wednesday, November 30, 2011 1:05:12 AM
Re: Texan77 post# 189530
Post # of 189533
it doesn't matter what the price is, the order will not go through.
hence the term stuckholder.
let us know what your broker says about buying FFGO.
ok .0008 how long?
maybe an .0004 how long for that lol
so i could put say a .0003 and it will sit until when?
not me, nope, havnt done that have you ?
ok yaul are missing it so ill spell it out a buy order can be entered at whatever price a buyer feels the stock is worth and it will stand hello! lol
ok no more feed back food for thought since future holds all in its exsistence..............
Your Broker Has a Duty of “Best Execution”
Many firms use automated systems to handle the orders they receive from their customers. In deciding how to execute orders, your broker has a duty to seek the best execution that is reasonably available for its customers' orders. That means your broker must evaluate the orders it receives from all customers in the aggregate and periodically assess which competing markets, market makers, or ECNs offer the most favorable terms of execution.
The opportunity for "price improvement" – which is the opportunity, but not the guarantee, for an order to be executed at a better price than what is currently quoted publicly – is an important factor a broker should consider in executing its customers' orders. Other factors include the speed and the likelihood of execution.
Here's an example of how price improvement can work: Let's say you enter a market order to sell 500 shares of a stock. The current quote is $20. Your broker may be able to send your order to a market or a market maker where your order would have the possibility of getting a price better than $20. If your order is executed at $20.05, you would receive $10,025.00 for the sale of your stock – $25.00 more than if your broker had only been able to get the current quote for you.
Of course, the additional time it takes some markets to execute orders may result in your getting a worse price than the current quote – especially in a fast-moving market. So, your broker is required to consider whether there is a trade-off between providing its customers' orders with the possibility – but not the guarantee – of better prices and the extra time it may take to do so.
You Have Options for Directing Trades
If for any reason you want to direct your trade to a particular exchange, market maker, or ECN, you may be able to call your broker and ask him or her to do this. But some brokers may charge for that service. Some brokers offer active traders the ability to direct orders in Nasdaq stocks to the market maker or ECN of their choice.
SEC rules aimed at improving public disclosure of order execution and routing practices require all market centers that trade national market system securities to make monthly, electronic disclosures of basic information concerning their quality of executions on a stock-by-stock basis, including how market orders of various sizes are executed relative to the public quotes. These reports must also disclose information about effective spreads – the spreads actually paid by investors whose orders are routed to a particular market center. In addition, market centers must disclose the extent to which they provide executions at prices better than the public quotes to investors using limit orders.
These rules also require brokers that route orders on behalf of customers to disclose, on a quarterly basis, the identity of the market centers to which they route a significant percentage of their orders. In addition, brokers must respond to the requests of customers interested in learning where their individual orders were routed for execution during the previous six months.
With this information readily available, you can learn where and how your firm executes its customers' orders and what steps it takes to assure best execution. Ask your broker about the firm's policies on payment for order flow, internalization, or other routing practices – or look for that information in your new account agreement. You can also write to your broker to find out the nature and source of any payment for order flow it may have received for a particular order.
If you're comparing firms, ask each how often it gets price improvement on customers' orders. And then consider that information in deciding with which firm you will do business.
http://www.sec.gov/investor/pubs/tradexec.htm
http://www.sec.gov/investor/pubs/tradexec.htm
is this good or bad" best execution of orders is difficult"?
A grey sheet is a designation given to a company with no market makers. It is not listed, traded or quoted on any stock exchange, including the pink sheets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and best execution of orders is difficult.
isnt this best execution how short sellers crash the price because this rule of best execution causes the brokers to fill at lowest price so if nss with unlimited .0001 the broker mm etc only fullfill the nss desire by this best execution rule ;;;; somebody long am i seeing this right?;;;
this best execution is not in effect on the greys and one can buy at whatever price one can get filled no broker can kill the order for the best execution mechanism not in effect ? what am i missing?
q.. when one wants to buy or add on the greys doesnt one have to discover the ask on ones own, meaning for example buy .0001 no takers move up buy .0002 no takers move up or just buy .0005 maybe some takers . so for example a buy order will be accepted at any price because broker doesnt have a referance hence another words buy orders cannot be rejected because to far over the ask hmmmmmm is this true do you know? just thinkin
so you think bank was insolvent at time of siezure by ofice of thrift?
how else do you justify the price paid by jpm?
why gap in depositions
why no asset list?
why systemic risk in legal material impact risk assesmant?
can you answer any of these questions without hitting fraudulent conveyance?