CASH COW

[jaybird249]

FGFC Going to be a MONSTER DD SUMMARY
With the launching of its business to business website in Mid July and share buyback program reduce outstanding shares to 15 -20 million range, FGFC is a penny stock with very large potential short term upside.
First Guardian Financial Corporation (FGFC.PK) ($.025) has announced A SHARE BUYBACK PROGRAM AT 6 CENTS. The objective is to buy back between 53 and 58 million shares to reduce the float to 15 - 20 million shares. FGFC management believes the fair value is much higher (FGFC was $.35 earlier this year).

FGFC is launching a BUSINESS TO BUSINESS INTERNET PORTAL IN MID JULY that FGFC management believes will be a premier business portal site:
http://biz.yahoo.com/bw/060609/20060609005193.html?.v=1

FGFC is dealing with a number of large investment banking firms to secure additional debt financing to accelerate growth, including JP Morgan Chase, Merrill Lynch, Credit Suisse, The Bank of Isreal.
http://biz.yahoo.com/bw/060608/20060608005336.html?.v=1

Share Structure:
- OS 179 million
- 78 Million float million
FGFC recently announced reduction in authorized shares to 200 million reflecting its commitment to finance growth through internal funding rather than share dilution:
http://biz.yahoo.com/bw/060607/20060607005579.html?.v=1

FGFC will have only 154 MM shares OS and a 53 Million public float after the buyback giving it a current market cap of $3 million. Other junior web portal stocks like AAC:AMEX have market caps in excess of $20 million.

FGFC has commenced the process to list on the OTC BB:
http://biz.yahoo.com/bw/060424/20060424005879.html?.v=1

FGFC's share price and volume increased substantially last week with the buyback program and website news increasing investor interest. FGFC has the potential for much higher share prices in the short term as investor awareness increases.