Digital TRANSFORMATION is GLOBAL!!!
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Any primetimers out there? HGLC has an ask price of $10.00. Are you ready to drive the price to $20.00. I hope so. Glt
prisoner
I beleive that is correct which makes em about $3.39 +- per share. The thing we still don't know other than that we have been getting one good long screwing without the perks if you know what I mean, is what the ratio will be between the value of the shares then (2005 -2006) when valued by GWGD/FFGO converted into HGLC. That is the preverbial question that may be addressed this week. I'll breathe in the mean time, I suggest everyone else does too...ha ha
prisoner on the lamb (loose) ya fools (loose)!cmsu
Interstingly enough if you look back to see the spike in ffgo after the 2000/1 split you may very well have hit it on the nail on the head. In regards to management or mms buying on the cheap after crushing the price while noone can trade it and then running the stock price up huge on no news or anything later on. After the split, in a drunken stooper I bought more....no just kidding... don't ask me why other than a hunch. It worked as I hit the spike and made a couple of grand back from my original investment (losses). Lets just say I was down graded from critical condition to just plain ol intensive care, uggh. So since these numb skulls tend to work like a clock, maybe this is a specualtive play here again. I'll go it again. I have in theory wrote it off anyway, so what the hell? Any takers?
Doing time in a world with eyes wide open!
prisoner
How do you suppose 15 to 1 for the ratio? Is that what you mean? The ratio for shares from the mines into HGLC that were supposedly held on book for the three dividends? Just curious.
prisoner
I am playing with profits from whats left over from the last run up. For know I'll wait to see the t/o or an other good spike. Either way I 'll see it to the ...lets just say the outcome.. for what ever it may be. The ole Ted Warren loved the accumulation phase, as the longer the base the better for higher returns. It holds true today, even with all the specs, techs, etc.. Key is finding them toward the end of accumulation. Now if one artfully does that..you get the picture....
prisoner
Amen! He will that is why the message this year will be HOPE!
90 back at you.
prisoner
Kinda funny on thursday I was your support. I bought more at .0002. Just sitting and waiting with all the time in the world.
prisoner
Enlightened1 and Stockster5,
I fully understand you / we have been lied to, held out on, put off, avoided, etc.. Truly there is no reason one should be hopeful at this point in the game. We do have a few more days/weeks to fully see the outcome though. It hasn't looked good that is for sure. There are going to be those that will have lost or won on this play. Either way we are at a juncture where we shall see an outcome of good or bad? After being around and trading since FFGO was even WAGI, I for one am astonished that I didn't let go before the 2005 dividends were ever even mentioned. Hook line and sinker I took it when those came out and bought more. Pre that time frame I was making money on the trade and they had not lied to me once, they were just significantly late in what they said the were going to do!! Here we are at a time when they said they were going to do something and years later, lo and behold they are, so we think? (Some think they will wipe the value away and skip out leaving us truly with 0 gain, hmm?)
It appears from publictaions they are acutally doing something now. As far as our realtionship with the three dividends being sold/moved to HGLC from FFGO, we don't know the ratio yet. We do know the ratio they suggested in the past as in 1000 to 1. (For every 1000 GWGO shares you have in ownership on record dates, you would get 1 share of each of the 5 mines to be spun off. We are only dealing with three at this point, 2 more later if we chose to wait it out.)
What the value/ratio is to be of just 1 of these shares against 1 of HGLC, who knows? Based on the email I have from FFGO it suggests it is to be competitive to that of the original $3.39+- area as stated in many press releases. So if my suspicion holds true the minimal shares traded at $5.00 on 11/30/2007 may very well have the answer. A side from that, experience tells me we won't get our shares Monday or Tuesday. Wednesday is more likely. The sad thing about that is you know price may come and go, as we have seen in the past. I just have to wonder with all the complaints filed with the Sec that we would not have even gotten this far, as to see GWGD change to FFGO!! Let alone the deal with PRTH to HGLC and becoming intangled into the web of FFGO from what the SEC should have known from everyones complaints. (I don't have a lot of faith in the SEC.) So on that note why not for this one to be true? Don't have to answer that. We don't know how many of us are out there that have shares that are a part of this move, do we? That would be nice to know. So the up shot is we wait and see.
Have you thought about what you'll do if you lose? File complaints, hire attorney, move on etc.? Have you thought about, if it actually does come true? If it does come true will you wait to see how the remaining two Bouse & Copperstone play out? I will as I have a vested interest.
If they get credibility for real or just to the newbies there may very well still be a play, just my thoughts this morning, with all the time in the world!
prisoner
Deserted Island, is just what I need!! I'll keep my eyes open, thats the least I can do!!
prisoner
Stocktrader, here is a thought. The juniors and micros are having dificulty getting a move on, however, they typically lag the mid to large caps anyway. So B52 Ben will cut rates around the 11th once again and the (broad market) may rally short term providing time enough for the flag pattern we see basing at the $780 gold level, to get more along in shape and then like hsitory repeats, the intrest rate drop will hammer the $. Then gold and energy will take off again and hopefully drag us with it? Sooner or later the public will get involved and usually at far higher prices!! I got time....plenty of time...
prisoner
According to FFGO we did not r/s into prth/hglc until after the prth/hglc reverse was completed, thus we won't see any shares until next week sometime. Confusing yes, however, that is how I see it. What worries me is the little play of 140+- shares that traded @ $5.00. Looks good, sounds good but with the spanking we got the last time these guys tried to get shareholder value they got confused and thought that we wanted "bend-over" value. Enough of that!!
The last time we had something similar with gwgd we were unable to trade the stock while they piled drived us home and it went from .20 to .000...pick a #? So with that in mind it just makes things look very strange to me. I'll be watching closely.
By the way the float looks funny to me too, as I held 6 - 10 ml shares +- for each one of the mines per pay date (that being all five mines). So of three of the five, to me that means approximately 1/1000 or 6,000 - 10,000 (x3) shares per "pay date" for and estimated 18k +- of the 58k outstanding tradable shares? Looks real fishy. I can't imagine that is correct!! Either that or there are very few that have been "bent-over" as harshly as I..ouch....
I don't know what the ratio will represent when converted from FFGO on book to tradable shares in HGLC? I don't think there is an answer to that? Let me know if you have one.
prisoner
187 shares sold @ $5.00? We'll wait for our shares next week? Great!, more than enough time to run to $20.00 and back to .0001 by the time we get our shares and are able to trade em.. No, on the bright side looks good now, just very very pessimistic! May there be light for all who have been beaten and for those of us still here.
prisoner
Ya, that gwgo website got yanked back when a few bloogers hit a soar spot. Or in other words, were spot on and they got nervous and took it down. They probably thought that the prisoner was really behind bars and wouldn't notice.....duh...."payrolled"....."paysattention"....
prisoner
Very well put lmao.. It is so true and they are to stupid on the Wall to realize it. What a Buying op it is right now. Gotta love the higher lows and higher highs for the last 6 years!!! Shhh don't tell em, yet................
prisoner
I am just doing time with nothing better to do. I am all for a list!
gettin "payrolled" soon...ha ha
prisoner
I agree 100%. They are ill informed and or think we are cattle for the prodding. They are ill informed and highly mistaken! This gig ill be up shortly. We have waited this long a little more time is not going to a big thing. The prth cusip has been issued. The biggest concern is the actual shares getting to the brokers on time. The SEC should stop any selling/trading until all shares have been issued and properly. As you may very well know that the last time the 2000/1 r/s (gwgd), only the mm's were trading while we sat unable to trade for three days only to see an opening price of .20 drop to .01, ouch big time. I would think that is criminal and that they and the SEC know it.
"payrolled" trading
prisoner
I hope this is not a millionth post, however, I scrolled through the op eds as of late and didn't notice it. If it is disregard. If not? Please bare with it, as most is old news. The bottom talks about share value estimates to be on target from the 2005 - 2006 dividends. I gleened through a more recent article and it implies this also, howwever, I take issue with the values as they should be significantly out dated. And we at this point are only concerned with Sentinel, Golden Eagle and Ambassador. Bouse and Copperstone may come later....trust me I am still breathing.... Oh and keep in mind 11/14/2007 is the day I recieved this! So tommorrow my clock is tickin! AS they say "EYES WIDE OPEN".
Anyway it begins like this from FFGO:
Annexed hereto please find a Letter, setting out the Company’s position on these Stock Dividend distributions. (I am assuming a canned comment to everyone?)
We trust that this may clarify the situation, at this time.
We are sending you this information, in an effort to answer many of the questions posed to us, by numerous stockholders.
Should you be awaiting more detailed information from ourselves, please bear with us, we are dealing with these stockholder enquiries, as fast as is possible.
November 14, 2007
FORTRESS FINANCIAL GROUP, INC.
------------------------------
FORTRESS FINANCIAL GROUP, INC. (TRADING SYMBOL: FFGO.PK)
(Formerly GREAT WEST GOLD, INC.)
STOCK DIVIDENDS OF GOLD MINING EXPLORATION COMPANIES
EXPLANATORY NOTES
Fortress Financial Group, Inc. (formerly Great West Gold, Inc.) (“Fortress”) distributed part of its stock holding in five Gold Mining Exploration Companies, namely:-
Bouse Mining Holdings plc, Ambassador Gold Holdings plc, Copperstone Mining Holdings plc, Golden Eagle Mining Holdings plc and Sentinel Resource Holdings plc.
Stockholders in Fortress, eligible for these stock dividends were required to be stockholders on certain “Record Dates”, as follows :-
1) Bouse Mining Holdings Plc - 7th November 2005 (the “Record Date”)
The shares were distributed to Fortress stockholders on the basis
2) Sentinel Resource Holdings Plc -14th November 2005 (the “Record Date”)
3) Copperstone Mining Holdings Plc - 2nd December 2005 (the “Record Date”)
4) Ambassador Gold Holdings Plc - 2nd January 2006 (the “Record Date”)
5) Golden Eagle Mining Holdings Plc - 4th January 2006 (the “Record Date”)
An amount of 900,000,000 Ordinary Shares of 1p (Par Value) was distributed by Fortress, to its stockholders, in each of the above-mentioned five Gold Mining Exploration Companies. The balance of the stock, in these aforesaid Gold Mining Exploration Companies, is retained by Fortress, through its wholly owned subsidiary Investment Company, Western Diversified Mining Resources, Inc.
The Transfer Agent to Fortress, effected a distribution of these 900,000,000 Ordinary Shares of 1p each, on each of the Record Dates and provided ourselves with a stockholder register for each of these Companies.
The 900,000,000 Ordinary Shares of 1p each were issued on a pro rata basis to Fortress stockholders, on each Record Date, based upon the number of Fortress outstanding shares of Common Stock, on that Record Date.
It is now apparent that in excess of 90% of eligible stockholders held their stocks in their brokerage accounts, on the “Record Dates”.
All of these shares are reflected on the five Gold Mining Exploration Company stockholder registers, under “Cede & Co.”, a clearing house of the DTC (Depositary Trust Company), used to “house” stocks for and on behalf of Brokerage firms.
We are contacting the DTC to establish which Broker/Dealer Firms held stock in Great West Gold, Inc. on those “Record Dates”.
Upon receipt of this information from the DTC, we will then be in a position to request from each of the applicable Broker / Dealer firms, a breakdown of their client accounts, addresses and number of shares held by each of their clients on the “Record Dates”.
Once we have all of this information, our Transfer Agent will be in a position to reconcile the accounts and “transfer” the stock from the “Cede & Co.” stockholding into the various eligible stockholder accounts.
You may rest assured that the Dividends to which you entitled will be credited to your accounts in due course.
You may rest assured that all these postings on various “Internet Chat” forums that state that you will not receive these Stock Dividends, for which you are eligible, is complete and absolute nonsense.
Please understand that our hands “are tied”, to some degree, we are reliant upon various regulatory bodies for this information and no Transfer Agent is going to accept Brokerage Statements, reflecting your stockholdings on the “Record Dates” as sufficient proof to simply transfer stock in these companies from the “Cede & Co.” stockholding to yourself.
GENERAL NOTES
We are dealing with numerous stockholder requests for information on their stockholdings, as fast is possible and we ask that you bear with us, this is a very time consuming exercise.
We appreciate that stockholders are anxious to ascertain the value of their various stockholdings, we must however ask that you exercise patience at this time. Every single share of stock, in respect of these Stock Dividend distributions, is accounted for.
PRIME TIME GROUP, INC. TRANSACTION
As announced, Fortress has finalized details to dispose of the entire Issued Share Capital of Sentinel Resource Holdings plc, Golden Eagle Mining Holdings plc and Ambassador Gold Holdings plc; to Prime Time Group, Inc. (PRTH.PK), now renamed Hunt Gold Corporation.
It is expected that the details of this transaction, will be announced to stockholders very shortly. We are at this time, bound by confidentiality agreements with Prime Time Group, Inc. (Hunt Gold Corporation).
Prime Time Group, Inc. (Hunt Gold Corporation) is at this time, completing a substantial reorganization and putting certain Corporate Actions into effect, as is required in terms of their agreements with Fortress Financial Group, Inc. This reorganization of Prime Time Group, Inc. (Hunt Gold Corporation) was an integral part of its transaction with Fortress Financial Group, Inc. and its completion was vital to the completion of these transactions, this resulted in the delay in the completion of these agreements with Fortress Financial Group, Inc.
Upon signature of these agreements, all of the stockholders in these three Gold Mining Exploration companies, including Fortress, will receive shares of Common Stock in Prime Time Group, Inc. (Hunt Gold Corporation). These shares will be exchanged on a “set formula”, applicable equally to all stockholders in these three Gold Mining Exploration Companies.
These three Gold Mining Exploration Companies will then become wholly owned subsidiary companies of Prime Time Group, Inc. (Hunt Gold Corporation).
Prime Time Group, Inc. (Hunt Gold Corporation) will be effectively controlled by Fortress Financial Group, Inc., as its largest stockholder, upon the completion of these transactions. Prime Time Group, Inc.’s (Hunt Gold Corporation) Board of Directors will be reconstituted accordingly. The details of that Company’s new Board of Directors and its new Management Team will be announced shortly.
Stockholders are advised that Fortress Financial Group, Inc.’s stockholding in Prime Time Group, Inc. (Hunt Gold Corporation) will be substantial, in terms of its value to the Company, as compared to the Company’s (Fortress Financial Group, Inc.’s) current market capitalization.
Please be advised that upon the completion of these transactions with Prime Time Group, Inc. (Hunt Gold Corporation), the Transfer Agent to that Company will immediately issue shares of Common Stock in that Company to all stockholders in Sentinel Resource Holdings plc, Golden Eagle Mining Holdings plc and Ambassador Gold Holdings plc, on an equal basis.
Should your stockholdings in Sentinel Resource Holdings plc, Golden Eagle Mining Holdings plc and Ambassador Gold Holdings plc; be held on our registers in “Cede & Co.”, the Transfer Agent will oversee the exact distribution of these shares in Prime Time Group, Inc. (Hunt Gold Corporation), to eligible stockholders. This will remove this problem from the Company and will allow stockholders to deal directly with Transfer Agent. This is expected to be “in place” in approximately two weeks (time based upon agreements between Fortress and Prime Group, Inc. (Hunt Gold Corporation).
FURTHER TRANSACTIONS
Fortress (and eligible stockholders on the “Record Dates”) continue to own Bouse Mining Holdings plc and in Copperstone Mining Holdings plc.
Fortress is in advanced negotiations with another quoted Company, which if successful, will result in these Companies being disposed of to this quoted Company.
It is expected that this transaction will be effected in a similar manner to the Prime Time Group, Inc. (Hunt Gold Corporation) deal as outlined above.
Stockholders will be kept abreast of developments in respect hereof.
FURTHER STOCK DIVIDENDS
Fortress, post the completion of the Prime Time Group, Inc. (Hunt Gold Corporation) transactions and the sale of Bouse Mining Holdings plc and Copperstone Mining Holdings plc; will hold a substantial amount of stock in these two quoted Gold Mining Exploration Companies.
It is intended that Fortress will retain a percentage of these quoted stocks to fund its expansion plans in its new business and will distribute the bulk of its stockholdings in these two quoted Companies, to its stockholders, at a future date.
CAUTIONARY
There has been much speculation over the Company’s transaction with Prime Time Group, Inc. (Hunt Gold Corporation). The information disseminated and posted on various “Internet Chat Forums” in respect of this transaction, are incorrect; stockholders are hereby advised accordingly.
******************************************$$$$$$$$$$$$$$$
Stockholders are advised to ignore misguided and uninformed speculation; and to exercise caution in dealing in their shares, based upon this misinformation and to base their investment decisions based upon the facts, these facts and full details of these transactions, will be released to stockholders as soon as is possible. This Company can assure you that these Gold Mining Exploration assets are not being sold into a “worthless sub penny company”. The terms of these transactions, once released, will allay such fears and prove all such statements as baseless and without any merit whatsoever.
At this time, we are in a position to confirm that all past published valuations by the Company, in respect of these Stock Dividend distributions, were not incorrect and we stand by these statements.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
http://app.quotemedia.com/quotetools/popups/story.jsp
Based on a 3000/1 r/s as of today we are at $3.00 slightly less than what was suggested back in 2006?
prisoner
I like your thinking. I will check into it. Millions of millions of shares getting called in may be very interesting to see. I would love to be there and may very well be regardless.
prisoner
The only thing left I can tell that may move this stock is that accumualtion gets over with and sentiment stays at an all time low. Wearing out the weak hands takes time. With that in mind it shouldn't be to much longer? Technically it looks close to moving back up toward the 50 and 200 ma. Other than that you got me. I bought more today. I like this one. Not just short term. It sure appears as of late low .07s is a good area to throw long if you are buying short and long term. So as I believe, I do what I think best and that this is probably some of the last shares you't find at these prices. glt
prisoner
I am with you. I have been sucessful a couple times fliiping after buying lows and have got some of my orignal investment so far. At this point I might as well keep trying. As I don't believe for a minute the splits, dividends, etc are going to be worth much if at all. They will have to prove it to us, Uh?
prisoner
I am sorry to here that. Not very encouraging for what "lies" ahead. I notice they are giving out 25% dividend to those who wish to try and take part in it. They give no reason for it, either. I am not sure I will buy more, as all it does is drop the price of our existing shares. Throw more good money after bad doesn't look like a good idea and I am no rocket man. However, if one is willing to trade one might wait to see if it goes back to .0001 before getting in! HA HA
prisoner
Desertdirt, I have read all of the releases from time back and thank you for the update. They are some of many reasons I chose to accumulate the stock and hold it presently. The news suggests they own these claims. Again I am unable to determine in what name in ownership they are under. I have checked county records in the surrounding areas and so far nothing under any of the names suggested in any of the releases have ownership in any of the surrounding counties. I looked up Bouse, Copperstone, Golden Sierra, Western Deversified, Greatwest Gold, etc. etc... I have not had the time yet to get with the Arizona Mine Department. If some one has, please forward a link or address so I may verify it or them.
thanks
prisoner
Mushroomking, you are on a path to better things with this one, imo. I have been trading and following Silverado for years. I currently own it and am buying dips like we see now. Refreshing to see good logic with more of a longer term time frame in mind too!
prisoner
Has anyone ever found where GWGO / GWGD / FFGO and or soon to be partially HUNT GOLD, has or will have the properties located in Arizona. If so what name are they under for legal ownership, legal descriptions, parcel #s and, are or have they been found in the Arizona Department of Mines, etc., as of yet?. I have not found anything to give me any indication that they own anything. Now I do know the mines they say they have may have been around time back. From data gleaned years back from their old website and friends of mine in the ming realm. To add to past outstanding shares, I recall 600 bil +- outstanding shares then the r/s 2000/1 soaking we took.
prisoner