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Re: davewashdc post# 10145

Saturday, 10/14/2006 12:22:57 PM

Saturday, October 14, 2006 12:22:57 PM

Post# of 141704
In regards to your statement that FGFC
at .01 cannot fall much futher from here
I would like to correct you on that.

Example:

Somone buys 1,000 shares XYZ Corp. at $1.00
a share. That would be $1,000.00. Let's say
for whatever reason XYZ falls to 0. That would
be a 100% loss correct?

Somone buys 100,000 shares of FGFC Corp. at
.01 a share. That would be $1,000.00. Let's
say for whatever reason FGFC falls to 0. That
would be a 100% loss correct?

So anybody purchasing FGFC at .01 can still
lose 100%