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E-Mail your questions to Alan, there is a link at the end of Friday's P.R.
Thank you & Buddy for sharing. Everyone is anxious about what is or is not happening. However, we all have choices: ( 1 ) If you believe - hang around & wait, and perphaps pick up a few more discounted shared; ( 2 ) If you don't believe - then don't wait around, sell your shares to those of us who chose to believe, and benefit from the tax writeoff and the knowledge you learned from this experience.
Alan will find out soon how many "Real" shares are being traded daily and how many are in "Firm" hands. Mine are not for sale at these currently low prices. Who else is holding their stock in "Firm" hands? - Send Alan an e-mail and let him know. Enough of your jibber-jabber.
See the E-Mail contact provided at end of today's P.R.. If you are long, send Alan Santini your share count and let him know you are not selling at this time - this way he can get a better handle on how many "Float" shares are really being traded.
He said that he is aware of the 5%+ shareholders and will find out their agenda this weekend. There are others out there with substancial shares, lets let him know that we are with him in getting this company up & moving in the right direction!!!
Today, I am going to E-Mail FFGO ( Alan Santini ) my share count and let them know that my shares have not been and are not for sale at this time. If all "longs" do this, it should help FFGO get a better idea of how many shares are "shorted". I will also let him know the approximate length of time I have held my current shares.
A lot of people can not understand what is written in simple english. A good example is the date of the upcoming GoldCo dividend - how many posters wanted to know if they "purchased shares today" if they would be entitled to the dividend.
Most investors/posters are too lazy to "look" for the information and also ask questions which have already been answered. Some "fear" what the bashers are saying and demand "proof" as to what the company has said, and "verification" of what the bashers said is not true. Also a lot of the discontent comes from those who have "very little" invested. I don't need any clarification, and I am content on waiting for things to develop. The only ones anxious
are the "flippers" and those that are not interested in seeing this company becoming successful. All they want is their "profits" now!!!
The only PR I'm interested in is the "GoldCo Dividend Paydate",
and also the one stating the "Financial Holdings" of FFGO.
As I wait, my personal financial well being just keeps getting better and so does yours!!!
Sounds like a good working plan. Keep up the profitable investing!!!
I agree, however I'm waiting for FFGO to reach into the 0.01s before selling and gobbling up as many shares of HGLC as I can afford at that time. Good hunting!!!
doberman,
I do not have "private reply" capability, plus keep everything upfront & in the open. Yes, I would still buy in anywhere from 0.0007 ( if you get in an early order, or do not put an order in as "all or none" and let it stand all day, you might make 0.0006 if lucky ) to 0.005, perhaps higher depending on FFGO's financial portfolio "to be announced". ( My average is 0.0005, and I will not be selling until the 0.01+, and then only 10% for other opportunities which may at that point have a greater percent return ). Rember - nothing ventured nothing gained; the greater the risk, the greater the reward. Potential looks exponential. Also remember not to risk more than you are willing to lose. There are no guarantees and it is a lot easier to gamble with someone else's money! That said, go get em tiger!
Depends on what FFGO holds in their portfolio. Remember the GoldCo divies are just the snack!!! The real reason for being here will be revealed in the very near future!!! The stock is still way undervalued and still lots of profit to be made ( however not from me at this time and for the forseable future - cause I'm holding tight )
Everybody is excited about the GoldCo divis - that is just the "snack", the meal is the "FINANCIAL HOLDINGS" making up FFGO's corporation - "our corporation". They are buying "Distressed" businesses for pennies on the dollar, this is where the real money will be!!!
If you need someone else's advice, perhaps you should not invest or reduce your investment to what you can "afford to lose". Looks like great potential, and when it doubles, perhaps you can pull out your initial investment and go for a "free ride".
The stock needs to reach 0.0005 before I am even, and I will not be pulling anything out until over .0125, and at that point only 10% of my holdings. The rest depends on real growth potential. Best to you.
The amount of shares available are relative to the number of shares held by each shareholder. If all current shareholders held 100 million shares each ( $10,000.00 @ 0.0001 ) there would be only 320 shareholders. I know a number of shareholders who own more. The available float is dwlindling fast as the company continues it's buyback agenda, and the price will continue it's upward climb!!!
I wonder how many posters & viewers belong to the 100 million+ share club and how many new members will be joining the ranks this coming week???
Keep up the good work - I want to buy more "CHEAP" shares next week - make those "weak" hands fold!!! More for the rest of us!!!
There are not enough shares for everyone you just mentioned - just the early birds - get them now while their still "cool" - once "hot", you will pay dearly!!!.
An earlier PR stated that about 27 million shares were not distributed. The undistributed shares were tied to Brokerage Houses.
I was also told that TDAmeritrade does not allow it's shares to be borrowed for shorting.
I also use TDAmeritrade, and have not received any shares. When I contacted Hunt Gold about the "Missing" divis, I was told that they had nothing to do with them - call FFGO with my complaint!!!
breharb25 - I have not forgotten the acquisitions ( even mentioned in last post ) - that is why FFGO was formed
( geezzz ). The mining lost was only a "paper" lost, HGLC actually acquired additional properties ( another GWGO in the making - as if you know what I am talking about )- the price was falling because shareholders were bailing as the OS was increasing due to mining properties being funded with shares of HGLC. HGLC should have tried developing the original mining properties in their porfolio instead of "watering down" shareholder interest; once income was being generated, the share price would rise and there would be profits to purchase additional properties without issuing additional shares. There was no need for FFGO to sell HGLC shares at current prices.
Not only could FFGO buy back shares with money obtained from selling future higher value HGLC shares, they should also be able to use "Financial" profits to do the same.
Sharpen up your game and know the history/facts!!!
chevy56 - No RS is not the only option. FFGO can grow the business as planned. Sell HGLC shares when the share price reflects the true value of its holdings and then repurchase FFGO shares on the open market and actually reduce the "Trading" shares by purchasing the daily traded shares ( I have unrestricted shares that I am not selling and therefore are not part of the daily traded shares )( I assume that the shares recently purchased by FFGO were not actively traded shares - shares were purchased from someone/entity with a long position or recently purchased to "take advantage" of an insider opportunity and bleed the "outsider" shareholder ( you & I ) - this will not reduce the actively traded shares ).
The "bleeding" is occuring since FFGO is paying more than market value for it's shares and selling HGLC at a ridiculously low price now instead of waiting for HGLC to get it's act together )( Remember FFGO paid $62,500,000.00 for 50 million HGLC shares - recently sold for $60,000.00 - a $62 million "bleed" which is a small part of the total "bleed" of the past week )
ucoibull - He is not trashing the stock, he is explaining reality. If you are here to double your money from $0.0001, that is one thing; if you are here and hoping to see $0.10, than what the company is doing now will in all reality prevent that from happening. The premise was to use the mining properties as leverage to make additional financial company acquisitions. FFGO's leverage is eroding thru senseless selling of devalued HGLC shares and purchasing "overpriced" FFGO shares based on current market price - not "book" value!!!
I would like to make money here based on the company's "real" value & potential, and not by making money from someone else's loss due hyping of this stock by the unscrupulous minded investor. The current market conditions were created by the unscrupulous and changes are needed now - why not start here!!!
No reply to date. Will post response when received.
About 8:30PM EST
I sent the follwing to FFGO today:
Please explain how your recent actions of buying back shares of FFGO at US $0.0144 ( when currently trading at $0.0001 )in exchange for shares of HGLC at $0.0012 ( which you have previously stated as being deeply undervalued and actually purchased like shares for $1.50/share earlier this year in order to increase the company's HGLC holdings )are in the interest of FFGO's shareholders ? It appears that you are "bleeding" the company of it's assets which is in direct conflict with your fiduciary responsibility to the shareholders of FFGO.
If you do not respond with a reasonable answer to the above actions, I will forward to the the SEC a grievance letter signed by myself & other shareholders containing verifiable information and show cause on how you have caused FFGO financial harm in you actions.
Please do not continue with "bleeding" FFGO of it's hidden value and do show the shareholders how you have created value. I am awaiting your reply.
desertdirt
FFGO Shareholder
( 108 million shares )
Nice to see that someone else has realize how much they have paid for the "retired" shares. I wonder who is getting $0.01325 for thier shares when all we can get is $0.0001 !!!
Also an earlier PR stated that they will spend $5 million for a share buy back, now it is in the $100's of millions. Also if anyone has noticed, the value of the company is falling as more shares are "retired"!!!
paunch - Sorry, but if not today, you will have to wait until Monday!!! Is your order for 0.0001 & is it an open order ?
All I know is that my shares are not available for less than 10 cents!!!
Hopefully this will be done properly via the open market and not like the "Private" purchase of 500 million shares of FFGO for $1.25 as PRrd earlier ( I wonder who benefited from that??? )( And "Who" will benefit from the 30% buyback and at what price ??? )
paunch,
Assuming a 50 billion share O.S., a 30% buyback valued at $5 million, FFGO plans on buying the shares back for 0.00033. We should therefore be trading at 0.0003 minimum!!!
One thing for sure, I will not sell them any of my shares for less than 10 cents!
"Should it end up being a good buy" - this is the question ???
Unfortunately past history tells us to run as far away from this as possible!!!
However, if you buy FFGO, you get HGLC & the new GMC with very little/no room to fall ( HGLC can go down to 0.0001 from 0.01, that is a long fall )
I'm in the same boat as you! It's tempting, however, if the brokerage house dividens ever show up ( 24 million ) - what do you think will happen??? My guess is that almost everyone receiving these shares will sell and the price will drop.
Do we wait & see or take the plunge and hope for the best???
Your call.
A guy at work made me a proposition yesterday - he said that instead of investing in penny stocks, I give him the money and later on he would give me 1/2 back. Too bad he did not make the suggestion earlier, since with GWGO/FFGO/HGLC I would have felt like a winner!!!
That is false ( At least in my experience ). I have within the past 60 days made 2 seperate large open order buys of FFGO on different days and received multiple 9 mil sells to fill the order on both occasions and both orders were filled the same day as placed with 100% delivered!
Yes. I know of four (4) that do not pollute ( use cyanide ) and one (1) of the four yields water as end result.
What divis??? DId you receive yours??? I'm still waiting!!!
E-MAIL THEM YOUR VOTE!!! Do we want them to issue 98.5 BILLION more shares???
Thanks, but I would not have it any other way. I once doubled my investment the same day as my wire!!!
If you wire your funds, you can trade ( Pink Sheets ) within a few hours after wire is sent ( Cost $20 ). I do it with TD Ameritrade quite often.
That is a good start, however people need to do their own DD, read the past posts instead of just saying I am new here - is this a good investment, and read & understand the past PR's - they are only conducting surveys/asseys to decide if they will obligate themselves to purchase properties in questions. Once they do, how long before production???
Even if one talks to the company representitives, everything one is told is not necessarily reality - it could be wishful thinking, misguided thinking ( forgot what really happened, but believes what he is saying ), half-truths, and even unintentional lies ( we all know that no one intentionally lies!!! ). I have personally witnessed all of the above, however I am still in the "PINKY GAME". Buyer beware!!!
They are regressing back to GWGO!
He meant $0.00005, not $0.0005. Some foreign markets trade below $0.0001 and show up here as $0.0000, since $0.0001 is lowest price allowed to trade in U.S.A.
"Where are the honest politicians and CEO's now that we need them?" That's a good guestion, when you find them, let me know!!!