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"Puration is expected to be renamed and reorganized.
Yeah I heard: from More B. S. to Total B. S.
Not 4 ALGA, pumper
Sub Penny POS!!!!!!!!!'
Google the CEO it is comical
ALGA is a POS, Steve is a Health Insurance Salesman and a far cry from a CEO of an public CO. This board and ALGA is a total P n D!
I believe from what I read that they have allocated amount that would provide $.01 per share for common & preferred "B" but not obligated? However I could being reading it wrong?
I believe EdRich is correct that it is imminent because they still are not current in their filings which would make all current restricted shares have to wait I believe 4 more filings to make them current because CIGW was a previous Shell Co?
But to answer your question should the sale not go through for whatever reason the fish still stinks from the head and nothing will happen with this POS company or its' POS Mgmnt. So sell your stock @ $.016 buy a box of band aids and move on just like they want the shareholders to do?
It's the 8K from last week????
They borrowed $1MM on Friday, maybe McGinn needs his house painted, or ice for his drink???
From the 8K sounds reads like they can't pay their bills?
U r looking at it!!!!
Biggest POS on the Planet, all 9 of them!
Hotler, you need to WTFU and quick! CIG moved to Florida months ago? Take the needle out of ur arm and get on the right bus!
There is a bigger judge with his hand on this, so I am not worried. Have a great day!
This is also true, the deal is bad for every one but Vertical & Fir Tree.
As far as the cynicism, don't take it personal and at the same time get over it, time to put on your big boy panties... As you would say
Which the SEC may, or Vertical walks? Far fetched, but better than reading your posts
All in all, they did what they were able to, got management on board with the bonus program and let's hope they made an error along the way?
They did; for Fir Tree & McGinn
He is a penny pumper, look at all his posts!
Hey Paul & the other bandits; you all have to & must be so proud of yourselves that you to a company and its stock from two years ago trading @ $5.00 + to $.018 today!!! Along with greasing the rear-ends of every common stock shareholder. Congrats, great job and choke on all and every bit of compensation you receive from the merger!
Read the 8K from yesterday; Dissenter's Rights, Page 82 - 84. Looks like they setting up a charity fund/provision for the Preferred Series "B" & Common? @ $.01 per if I have read it correctly?
How magnanimous of them?
Stop sending people to chase Rabbits! CIG is a public entity and regulated by the SEC, chase them up about any claims not FL regs who's main purpose is to protect FL residents. Yes CIG is located in FL however and still a fact they are a NV corp, so please!
Stop chasing Rabbits with FL regulatory this is a public company and its govern by the SEC, so please!
Please be advised, that my law firm is NOT involved in any
litigation involving CIG Wireless nor does it have any intention to.
Unfortunately, the buyout triggered a liquidation event which is the
reason that the shares are being deemed worthless. Also, this prevents us
from going after the company or its management.
I'm sorry for your losses, but my firm has decided NOT to represent
shareholders in connection with this matter.
Best of luck.
Jonathan Levy
Tripp Levy PLLC
Management could or should have/be looking for other suitors, so please!
I would have to believe this deal has been in the making for months if not a year?
News about fir tree making themselves healthier?
Yeah, he said he got in on the bonus plan as well!
Contact SEC they are the ones who have to approve it from the doc's & PR?
WTF does that link have to do with CIG? There was no PnD here, this is case of outright larceny by the majority shareholder and executive management
It is so obvious that Fir Tree came up or initiated the "bonus program" to get the 3 village idiots on board for this wonderful deal? This makes McGinn, Gay-Grosier & Hoffe better known of late as Mo, Larry & Curly look like the bandits when it is F-Tree that are the C-SuKer's. McGinn is not smart enough to pull this whole thing off, heck he let Fir Tree rob the company from him and the shareholders back in August of 13 with their 35MM buy in and managed to get the majority voting rights. So McGinn is and has been on the bus for all of it and will pay the price! Hopefully the deal won't get kissed by the SEC and McGinn has to go back to work the Fat Fck!!!
Well I believe he will be in litigation for the next 10 years and hopefully spending whatever he may get on legal fees. Him and the French pr--k Roman
He is a total POS, bonus award plans!!! Full knowing what was ahead for the company
With a private company, wake up
No it's not! CIG is merging into a private company, read it, then write
You go Girl
Thank you.
In English means the shareholders get nothing?
Thanks Paul, good looking out? For yourself ??
Yeah Ok???
It would be better for us holders if they took the same route as AMT did in 2012? Whereas their subsidiary (REIT) firm back in or merged with the Public, best bang for our buck? If not looks like McGinn took the vaseline out of his top drawer and applied it generously!!
That's not good!