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Scottrade tells me HGLC is in fact DTC eligible. So much for out of business.
You need to read my post. I said nothing about assets. I said some secrets could be unlocked. Get it right!!!
I spent several hours today reading earlier posts beginning with number 1. My opinion hasn't changed. Insiders have always had the upper hand. They have created the perfect storm. Retail investors are only along for the ride. Insiders will make a fortune. A BIG fortune! A REALLY BIG FORTUNE!!!
Constant repetition convinces no one.
This is not the list of people responsible for the misplaced assets in HGLC or FFGO. SEC is watching!!!
There are a few of us who have actual Bouse Gold. Love seeing and touching what is real.
Gold on hematite
A new CUSIP number would be a big problem for naked shorts. All shares must be accounted for.
The dividends are tucked away in WD until registered and a date is set. Market Makers can't touch them.
IMO HGLC trades because of the 50/50 Joint Venture Partner. IMO that is why the JV partnership was formed in the first place. I believe they can now ask for a new CUSIP number, change the name, add assets and continue to opperate the shell. Time will tell!
Here are reasons the divi will be issued.
On April 22, 2010, the Company issued an amount of 5,400,000,000 (Five billion four hundred million) shares of its Common Stock to Abaxis, Inc. in a partial settlement of a Loan Note issued on October 1, 2008. These shares of Common Stock were issued at a price of US$0.0001 per share of Common Stock, equating to an amount of US$540,000 (Five hundred and forty thousand dollars).
On October 1, 2008, the Company was indebted to Abaxis, Inc. in the amount of US$1,424,000.00 (One million four hundred and twenty four thousand Dollars). This Loan Note bears interest at the rate of 10% (Ten percent) per annum.
On January 27, 2010, the Company issued an amount of 2,500,000,000 (Two billion five hundred million) shares of its Common Stock to Abaxis, Inc. in a partial settlement of a Loan Note issued on October 1, 2008. These shares of Common Stock were issued at a price of US$0.0001 per share of Common Stock, equating to an amount of US$250,000.00 (Two hundred and fifty thousand dollars).
On March 4, 2010, the Company issued an amount of 4,000,000,000 (Four billion) shares of its Common Stock to Abaxis, Inc. in a partial settlement of a Loan Note issued on October 1, 2008. These shares of Common Stock were issued at a price of US$0.0001 per share of Common Stock, equating to an amount of US$400,000.00 (Four hundred thousand dollars).
As at March 4, 2010, the Company was indebted to Abaxis, Inc. in the amount of US$774,000.00 (Seven hundred and seventy four thousand Dollars) plus accrued interest.
As at April 22, 2010, the Company was indebted to Abaxis, Inc. in the amount of US$234,000 (Two hundred and thirty four thousand dollars) plus accrued interest.
On April 22, 2010, the Company issued an amount of 2,300,000,000 (Two billion three hundred million) shares of its Common Stock to Redwald Investment Group, Inc. in a partial settlement of a Loan Note issued on October 1, 2008. These shares of Common Stock were issued at a price of US$0.0001 per share of Common Stock, equating to an amount of US$230,000 (Two hundred and thirty thousand dollars).
On October 1, 2008, the Company was indebted to Redwald Investment Group, Inc. in the amount of US$863,938.90 (Eight hundred and sixty three thousand nine hundred and thirty eight dollars and ninety cents). This Loan Note bears interest at the rate of 10% (Ten percent) per annum.
As at April 22, 2010, the Company was indebted to Redwald Investment Group, Inc. in the amount of US$633,938.90 (Six hundred and thirty three thousand nine hundred and thirty eight dollars and ninety cents) plus accrued interest.
On April 22, 2010, the Company issued an amount of 2,500,000,000 (Two billion five hundred million) shares of its Common Stock to Searchlight Exploration, LLC in a partial settlement of a Loan Note issued on October 1, 2008. These shares of Common Stock were issued at a price of US$0.0001 per share of Common Stock, equating to an amount of US$250,000 (Two hundred and fifty thousand dollars).
On October 1, 2008, the Company was indebted to Searchlight Exploration, LLC in the amount of US$810,000.00 (Eight hundred and ten thousand Dollars). This Loan Note bears interest at the rate of 10% (Ten percent) per annum.
On January 27, 2010, the Company issued an amount of 2,500,000,000 (Two billion five hundred million) shares of its Common Stock to Searchlight Exploration, LLC in a partial settlement of a Loan Note issued on October 1, 2008. These shares of Common Stock were issued at a price of US$0.0001 per share of Common Stock, equating to an amount of US$250,000.00 (Two hundred and fifty thousand dollars).
As at January 27, 2010, the Company is indebted to Searchlight Exploration, LLC in the amount of US$560,000.00 (Five hundred and sixty thousand Dollars) plus accrued interest.
As at April 22, 2010, the Company was indebted to Searchlight Exploration, LLC in the amount of US$310,000 (Three hundred and ten thousand dollars) plus accrued interest.
On October 1, 2008, the Company was indebted to Angel Vest, LLC in the amount of US$569,500 (Five hundred and sixty nine thousand five hundred dollars) This Loan Note bears interest at the rate of 10% (Ten percent) per annum.
On April 26, 2010, the Company issued an amount of 5,000,000,000 (Five billion) shares of its Common Stock to Angel Vest, LLC in a partial settlement of a Loan Note issued on October 1, 2008. These shares of Common Stock were issued at a price of US$0.0001 per share of Common Stock, equating to an amount of US$500,000 (Five hundred thousand dollars).
As at April 26, 2010, the Company was indebted to Angel Vest, LLC in the amount of US$69,500 (Sixty nine thousand five hundred dollars) plus accrued interest.
These shares of the Companyās Common Stock issued to Abaxis, Inc., Redwald Investment Group, Inc., Angel Vest, LLC and to Searchlight Exploration, LLC were issued in reliance on the exemption from registration under Rule 506 of Regulation D.
Read more: http://www.faqs.org/sec-filings/100426/Fortress-Financial-Group-Inc-WY_8-K/#ixzz1ercaVpyG
I am trying to find out who the Joint Venture partner is. It appears to be the surviving entity. If we knew where to look we could search public records. The JV partner was never named for a reason. Most likely the JV was buying shares from Prime Time.
I have learned from experience the hand is quicker than the eye. Assets can be hidden or moved to remote places within a company. I remember a guy who buried a bulldozer so the repo man couldn't find it.
Here is another possibility.
If Lowenthal is involved in the 50/50 joint venture with Hunt Gold we could see a new CUSIP number and name change to Mokingbird Gold. Come on man. Make it happen!
RONALD YADIN LOWENTHAL
PRESIDENT/CEO
848 N. RAINBOW BLVD.
SUITE 3003
LAS VEGAS,NV 89107
Date of Taking Office: 06/27/2010
Looks like John Mattera will have to answer for his crimes. This could unlock some secrets that were not revealed when he failed to appear before the SEC.
Yes indeed!! I will find out who the JV partner is and who has control of Hunt Gold. There is a tie between HGLC, FFGO, RENS, and NMGL. It can't be covered up. I have reported my finding to the SEC and will continue to do so. The SEC is looking at everything and everyone involved, including chat boards.
I will be contacting Tonatec of Salt Lake City, Utah to find out any information on Hunt Gold or their JV Partner. I am also contacting the BLM RE: The Company confirms that it will be filing its drilling and exploration plans with the BLM without delay.
NEW YORK, NY--(Marketwire - November 18, 2008) - Hunt Gold Corporation (PINKSHEETS: HGLC) announces that the initial drilling contacts on portions of its "Mockingbird" Gold Mine have been awarded to Tonatec of Salt Lake City, Utah.
The Company has completed the sale of its "American Molygold" interests and will be distributing the entire sale proceeds through a Stock Dividend to its stockholders...
http://www.marketwire.com/press-release/Hunt-Gold-Corporation-Drilling-Contracts-Awarded-921798.htm
Things are getting interesting on FFGO's sister board.
If there were a CUSIP number and name change shorts would get buried. It's great when a plan comes together!!!
Why a 50/50 partnership? Why was the Hunt Gold corporation disolved? Why was the joint partner never named? Why does the stock still trade?
If you want to know more google 50/50 joint venture partnerships and see the possibilities for yourself.
Think about this!!!
It is very possible that Hunt Goldās 50/50 JV partner was acquiring shares from Prime Time and because of pending litigation by SEC everything is on hold. My research also tells me the JV partner could take over the HGLC shell, obtain a new CUSIP number and name change as well as add assets or do a reverse split. Now if Sloan were the JV partner that presents many very interesting possibilities. Think of the assets Sloan has that could become a part of a new company. In order to do this the corporation would have to be dissolved making way for the Joint Venture partner to take over. In order to do this the partnership must be 50/50.
"Hunt Gold Corp. announced that the Joint Venture Company formed in a 50/50 partnership with a Mining Fund has acquired an additional 375 million shares. Total purchases to date by the Joint Venture Company now total to 3,403,863,000 shares at an average price paid per share of $0.0001."
āAlthough the Joint Venture Company has been acquiring these shares in āoff the marketā transactions, both the JV and Hunt Gold realize that it is highly unlikely that they will be able to continue doing so because they havenāt been able to attract any further sellers at the prices they are offering.
Hunt Gold management emphasized that the sellers who sold their shares to the JV were forced to dispose of these shares due to financial pressures beyond the sellersā control and were made fully aware that if they were able to hold them for a longer period of time, they would have achieved a far greater price per share.ā
Anyone want to venture a guess who the joint venture partner is? and why they would give up more than three billion shares without a fight. They bought over $340,000.00 worth of stock.
Hunt Gold Corp. (HGLC.PK): Joint Venture Company Continues to Acquire Additional Shares
Wednesday, February 25th, 2009
Hunt Gold Corp. announced that the Joint Venture Company formed in a 50/50 partnership with a Mining Fund has acquired an additional 375 million shares. Total purchases to date by the Joint Venture Company now total to 3,403,863,000 shares at an average price paid per share of $0.0001.
Sloan would be my guess!!!
Your comparison is misleading investors. Aclor is not an exploratory company and is selling to major retailers. There needed to be a large reverse split to dry up the share count and get the companyās stock on solid footing. Until we see financials and study Aclor's business plan we cannot make your kind of judgment. I expect the company to sell shares like every other small company getting started. I also expect there to be good demand for the stock based on a solid business plan. If dilution exceeds demand and is not supported by good news the stock price will go down. I cannot make a fear judgment at this time. All of my DD tells me the company is making the right moves. If I am wrong I will gladly admit it. As long as all common stock and convertible preferred stock are reverse split we have a chance for a good outcome.
"all assets were taken back by searchlight for defaulte"
How can anyone default with millions in the safe? HGLC won't be shut down as long as former Prime Time scammer is in jail for the same crime he did against Hunt Gold. Once the SEC gets this thing figured out longs are going to get paid. SEC is looking at everything. I may even join the law suit. Better yet, I'd love to see new assets put into the shell, reverse split and uplisted to the OTC BB. Come on man!!!
We have some interesting days ahead for sure. Remember, I said, "soon after" not necessarily December 5th. I am in it to win it and I think management will come through for us. You know what the dog said when he got his tail caught in the lawn mower?........."It won't be long now!!!"
I believe we will trade around $2.25 to $4.80 soon after the reverse split. I lot depends on what information we get and how soon we uplist to the OTC BB. MTIZ printed .0024 last week. I was thinking that .01 was possible by January. .01 X 2000 = $20.00
My Thanksgiving thoughts on whatās coming.
Aclor became Metiscan through a reverse merger. They didnāt create the a/s or the o/s; they are simply dealing with those issues as they try to strengthen the company. Some companies go through several reverse splits because they exist to sell shares, thatās how they make money. They have no revenues, talk about up listing and future plans but nothing ever happens; only another reverse split and the common shareholders are wiped out. Will this happen to Aclor? If this were an exploration mining company or an oil exploration company I would say yes. But Aclor is making money and has distribution of products that people want and need, they have contracts and are buying machinery to meet distribution demands. I expect Aclor to use company stock to grow their business; ALL new companies do this, thatās why they go public. In my opinion the true test of Alcor will be if they produce audited financials, an attorneyās letter, file for up listing and keep shareholders informed about their business plan. If we donāt hear from the company and toxic dilution sets in, we are toast. If we see good revenues and expanded distribution as well as key acquisitions then we will survive and grow. For me, the most important items are revenues and up listing where we can attract professional investors. This would not have happened without a reverse split. We will know the answer to most of these questions in the next few days. Out next test will be to see what happens after Monday the 5th of December. As of right now, I know of nothing that causes me alarm. I donāt see the bid going below .0006 or the ask below .0008 before December 5th. No matter what happens, I will hold until the first of the year and buy on dips below .0007.
Is a Reverse Stock Split Good or Bad?
http://www.ehow.com/about_7264923_reverse-stock-split-good-bad_.html
We will know in a few weeks how all this shakes out. If the a/s is only 2,500,000 and the financials are as good as I think they will be, we will do fine. Tomorrow we will see what the investing public thinks. I'm not selling a single share and will be a buyer on dips. Remember, shorts will need to cover on the CUSIP number change. This could get real interesting. Any naked shorts out there? MTIZ traded at over $4.00 1999-2000.
When Aclor becomes a bulletin board stock it will open up a whole new group of investors, pension funds and investment bankers. We also can be looking at dividends and future forward splits. These are exciting days ahead.
Discussion of the 1:2000 r/s
"Upon the effectiveness of the reverse stock split, all earnings per common share amounts, references to common stock and stockholders' equity amounts will be restated as if the reverse stock split had occurred as of the earliest period presented."
Drying up the share count had to happen if the stock price was to go anywhere. It is my undertanding that references to common stock include both a/s and o/s. If this is true we are looking at 2,500,000 a/s. (5 billion divided by 2000) These numbers are only a guess and price per share depends on the shares price at the time of the r/s. We will soon see what this company is made of. We also need to know if there are other conversion issues that relate to the common shares. I will be calling to find answers to these questions.
Seeing the Aclor web site updated to reflect the new name change, Aclor International Holding, Inc., is important information.
At the dawn of a new venture, Aclor Inc. as the premier international manufacturer and supplier of private label paper products, becomes Aclor International Holding with its strategic partnership with Metiscan. With customers which include some of the most recognized and reputable office supply mass retailers worldwide and also the largest consumer and office retailer in the United States
Everyone who holds shares in Hunt Gold should contact these individuals about, "Who is looking out for common shareholders in Hunt Gold? What rights do shareholders have to funds received from these law suits? What happened to HGLC shares held by these individuals?
For more information about this enforcement action, contact:
Andrew M. Calamari
Associate Regional Director, SECās New York Regional Office
(212) 336-0042
Michael J. Osnato, Jr.
Assistant Regional Director, SECās New York Regional Office
(212) 336-0156
Management is aware that shareholders would like to be updated on company name change and uplisting as well as share structure and financials. IMO we will get all of those in time. We saw a nice move on Friday with less than two million shares trading, .0024 printed. I wouldn't be supprised to see a twelve month high on Monday of .0051 or more. This company has a lot of good things going for it and is working hard to do things right. Remember, world markets are a mess and people have lost billions of dollars.
Live and well. Updated May 2, 2011
Domain Name:fortfinancegroup.com
Record last updated at 2011-05-02 19:49:18
Record created on 2007/5/5
Record expired on 05/05/2012
IMO the company is working on updating shareholders. Most important to me is that Aclor hasn't put out fluff PRs and sold shares. As I have posted, I have been buying a few shares to support the price. I have every belief we have honest hard working management who will keep us informed when they can.
Great Job RM keeping our FFGO DIVI safe. The boys are having a panic attack.
MTIZ - 03:03:15
Bought 100000s @ $0.0013 - Total: $138.09
OldBen - Well said. FFGO and Longs go hand in hand. Need we say more!!
Body Glove® License Work for Aclor Inc.
http://www.behance.net/gallery/Body-GloveA-License-Work-for-Aclor-Inc/894789