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Re: mustard post# 1422

Friday, 06/23/2006 1:29:21 PM

Friday, June 23, 2006 1:29:21 PM

Post# of 141623
mustard, you raise some great points. I would rather see FGFC buy back shares down here in the .01 to .02 range....... snatching anything they can. With a budget of $3,000,000.oo for the buyback, they could snag up 50,000,000 shares and still have money left over for another buyback......... maybe 10,000,000 additional shares to .15 or some number in that area.If the company played the market right, .10 could easily be a new base. I get the feeling the MM's are going to take this sub-penny and the company should be right there with a 50,000,000 share bid at .01 to stop it. I would like FGFC to become more preemptive in the market rather that bending over and taking it. Even a 20,000,000 bid with a limit of .015 would be nice to see....... they have to get on the ball here, the shares are dirt cheap to their .06 buy limit. I say get the share structure fixed before the July roll-out. I'll see everyone Monday, have a nice weekend!