I sold everything except a RIDICULOUSLY small amount that if the share price goes to a dollar like these bosos say I'll be happy with what I got... I don't think it will happen based on what I have seen, and am prepared to lose this now..but I still got an interest in this...lol If this is the company it and the rest of you cheerleaders of which I used to be say it is, me voicing what I believe is truth shouldn't affect a thing now should it...
if this thing goes to .02, I'll leave after congratulating most of you on breaking even...lol..until then I will post what I feel is a warning to new investors when ever I feel like it about a company which is showing nothing but signs of incompetence, lies and a history of scams...
if it was not a lie, what happened to everything they said they would do in JULY, when I was a larger investor than I am now???... you probably weren't in the stock then.. so I'll let you kno... this is what was PR'd...
***The company will file the proper corporate resolutions with the Secretary of State, Delaware by the end of business next week. The company will also provide its Transfer Agent all corporate resolutions reflecting such reductions and the current share structure. ***
NEW YORK--(BUSINESS WIRE)--July 25, 2006--First Guardian Financial Corporation (Pink Sheets: FGFC - News) today announced that the company has completed the first round of its previously announced buyback program. It has purchased 10 million common shares and will retire them to the company's treasury.
With this first round of the share buy back plan, it will reduce the company's authorized shares to 142 million. The company will continue to acquire additional shares and retire them until it has reached the stated goal of purchasing 50 million shares, giving the company upon completion only 102 million authorized shares.
***The company will file the proper corporate resolutions with the Secretary of State, Delaware by the end of business next week. The company will also provide its Transfer Agent all corporate resolutions reflecting such reductions and the current share structure. ***
"We are extremely pleased with the progress the company is making on all fronts of its business plan, within such a short period of time. Within a couple of months, we have been able to reduce the company's authorized share structure from 520 million authorized to 142 million," stated Abraham Rosenman, President of First Guardian Financial Corporation. Mr. Rosenman also stated, "We will continue to acquire/reduce the share structure to the previously announced share structure of 102 million authorized."
