Have they ever completed a deal? They put out plenty of press releases about them and then appear to toss them aside.
Dear Shareholders,
I would like to address several issues regarding FAGI's holdings and strategic plans which should be clarified. Full Alliance Group is not in any way affiliated with the CBD, hemp or cannabis growth, manufacturing, distribution or any affiliated products or services, nor does it have desire to have such an affiliation moving forward. Potential opportunities in these areas were at a point in time considered and vetted but after performing due diligence it was determined to be inconsistent with company values and goals.
Previously mentions of associations include but are not limited to, Wincon, HRM Farms, and DiMora Pods have been terminated as the company remains focused on finalizing its other banking, technology, and real estate acquisitions.
However, I am pleased to announce that we continue to make progress in closing the acquisitions of the following companies: MyPay, Kelevra Digital Solutions, SA.de C.V., GBE Grupo Empresarial de Tamaulipas SAPI de CV, and Grupo Richard.
Regarding the status of our announced dividend. The company plans to complete the transaction for our shareholders, but due to ongoing negotiations for a reverse-takeover-merger by a New York-based financial institution, the status of the dividend has been suspended pending completion of these negotiations.
The Board of Directors would like to thank shareholders, our employees and their families for the continued diligence.
Sincerely,
JacobThomas
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Actually the one thing they should consider is changing the name of the company and symbol - or sue FINRA for giving them a FAGI symbol. drives me crazy everytime I have to type it.
Or wait they are supposedly negotiating a RTO merger with a "New York based financial institution" perhaps the symbol can change then. heck for as long as this scam has been going on maybe the RTO is with an undercover FBI agent! LOL
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