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Yes
With all the money management is putting into drilling and now producing gold and silver at its mines.
That is Correct!
FFGO latest (December 2012) National Instrument 43-101 has proven reserves as 32g/ton of Gold and another 32g/ton silver. Making FFGO one the riches companies ever in the GOLD and SILVER
No, I see the trucks hauling ore to the processing mill at their US sites.
Yes, I heard that they got their governmental mining permits and operations and mining is beginning tomorrow.
To go with your advice of BUY/Hold.
Create BS of how well this stock is not doing to draw out the scum to deny it.
They (management) will never defend this stock because then they would have to come to the United States.
It's time for everyone to stop defending this bunch of disappearing penny stock hustlers operating out of So Africa and the United kingdom
and hold their feet to the fire ....
But we love them because if you get in early in their scams we can make lots of money.
No, the stock with real operations is RENS!
Or if they are producing gold and silver.
Do not invest in these stocks GNCP, RENS, NMGL, and FFGO unless they are PRODUCING! PRODUCTION, PRODUCTION, PRODUCTION!
Look at the new owner "CLAIM GROUPS OWNED OR CONTROLLED BY SEARCHLIGHT and who owns searchlight http://www.mcintyrebaumangroup.com/mcb_profile_group.htm
Look at the new owner "CLAIM GROUPS OWNED OR CONTROLLED BY SEARCHLIGHT and owns searchlight http://www.mcintyrebaumangroup.com/mcb_profile_group.htm
Prediction: RENS and NMGL will merge with SJCH.
Prediction: RENS and NMGL will merge with SJCH.
Where is this in 12(g)(a)(1)(i)?(See below)
The issuer's duty to file any reports required under section 13(a) shall be suspended immediately upon filing a certification on Form 15; Provided, however, That if the certification on Form 15 is subsequently withdrawn or denied, the issuer shall, within 60 days after the date of such withdrawal or denial, file with the Commission all reports which would have been required had the certification on Form 15 not been filed. If the suspension resulted from the issuer's merger into, or consolidation with, another issuer or issuers, the certification shall be filed by the successor issuer.
http://law.justia.com/cfr/title17/17-3.0.1.1.1.2.73.151.html
hey puppy,
they filed
Rule 12g-4 -- Certifications of Termination of Registration Under Section 12(g)
--------------------------------------------------------------------------------
a.Termination of registration of a class of securities under section 12(g) of the Act shall take effect 90 days, or such shorter period as the Commission may determine, after the issuer certifies to the Commission on Form 15 (17 CFR 249.323) that the class of securities is held of record by:
1. Less than 300 persons; or
2. Less than 500 persons, where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's most recent three fiscal years.
http://taft.law.uc.edu/CCL/34ActRls/rule12g-4.html
Filed a SEC compliant today:
Not sure if I should invest in NORTH AMERICAN GOLD will it be REVOKED for not filing?
How much do think stockholders were scammed before revocation?
I think below $10,000 per year. I don't the scammers made too much money off of FFGO. But they did made with RENS scam.
FFGO has done exactly what they said they would do.
Please, show me where they said that they would be REVOKED!!
Also,checked website management didn't say that they would be REVOKED! Show in the website that they planned on being REVOKED!!
Our jails are full of criminals who thought they would never be caught!
FFGO Management are criminals, yes sir they are criminals!
Also, they never said that the stock would be REVOKED
Ok, let's say the company as private corporation.
The first thing the president would do declare public shares worthless (if they are not already worthless) so, he wouldn't have to pay the shareholders.
Then, issue private stock shares and not the old shareholders.
FFGO management NEVER said they would be REVOKED so, they lied. Show me were they said they would be revoked?
Worthless securities. Stocks, stock rights, and bonds (other than those held for sale by a securities dealer) that became completely worthless during the tax year are treated as though they were sold on the last day of the tax year. This affects whether your capital loss is long term or short term. See Holding Period , later.
Brokers have to report this to the IRS starting 2011.
New tax law Washes are mandatory reporting to IRS by brokers
I fell for the hype of how great this stock was in 2010. I was lucky and sold my shares at $0.0001 the same price I bought them.
The ffgo board continued to blame stock borkers, MMs, etc. And, never admitted that the board was wrong and continued to say how great management was especially with that South African Sloane company deal.
I got fed up and filed compliants with SEC in early 2011.
Feduptohere like your username that is why I file complaints with SEC because I was fed up to here with this board.
puppy,
left out the part where the SEC starts the revoking process soon after the suspension
I think ffgo management didn't know that they would be revoked so quickly that is why i filed complaints to make sure that they would be revoked. Filing compliants on these scams hurry along the process.
6 years is a long time they should have been revoked 5 years ago.
Yes, it finally caught up with its address: to nowhere and phone number: of nothing.
Thanks for posting about E-Trade MMs it sure helped my complaint filing and in the process of revoking FFGO.
SEC REGISTRATION REVOKING WOULD NOT EFFECT IT (ffgo) AS THIS IS ONLY REVOKING THE REGISTRATION OF THE SHARES
Say Bye, Bye current shares.
Great to hear that!
Finally the SEC worked :)
I would like think I had something to do with pushing this stock to be Revoke with my complaints. One of my complaints had to with people blaming E-trade that was a great cut and paste in to the SEC complaint box.
Too many people blame others for the loss and not themselves. These continue to make FFGO look like the greatest stock ever which is why I filed my complaints.
Has FFGO issued any private shares to anybody? That's the only way you will get shares is through a private offering. The public share don't automatically turn into private shares once a company is revoke.
It is their way of saying "We don't owe you anyhing because those public shares are worthless and you have to buy these private shares only if I offer them to you." "And, it is a good thing we don't owe you anything because we would have to go bankrupt because with don't have any money to pay you."
GOOD FOR YOU :)
You do this is a Canadian company? It's a company that I own. I have all Foreign countries stocks that trade on the gray sheets.
Also, if you have a foreign trading account (Etrade) your statement will show the gray sheet symbol.
I hope you are right, sooner the better. in reality they have up to 120 days to revoke from November 3.
I hope the judge doesn't wait until the 120 days are up to revoke FFGO.
No, I'm referring the people who don't warn newbies about the hazards of stocks like FFGO, RENS, NMGL and treat these stocks like Blue Chips stock and telling people how awesome they are.
Happy Days are again :)