but what if you were told that something was going to happen that would possibly create value... you buy off of that news... and then it never happens and the PPS is lower than what you bought it at and has never recovered and is still steadily dwindling?? do you stay, average down... or decide they've blown what little trust should be given in the pinkie world as you have just pointed out...
One of the many reasons and times that people bought was when we were told that the share count was going to be reduced within a couple days... thus giving us greater VALUE then what we were currently seeing, hence an opportunity.. well that was 3-4 months ago... Not many people like holding pinks for years....
Am I mistaken or did they say in this PR dated July 25th that the share count was going to be reduced with the T/A and State to 142 million... well then why are we at what is it 315,000,000 or something and climbing larger every week?
(and your telling me the things I post have no merit... The shell and the people in charge have a history of this... I have never met a single company that has such an issue disclosing who is on their Board of Directors.. Is that such a secret? Or is there people still involved that you are claiming are not? If not then why not show who is directing our company.. IT;s a simple question really...
*** 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."
I guess they forgot or wanted to save 100 dollars and do it all at once?... cmon... and how long does fed-ex take anyway... i thnk I want the tracking number...lol... if there is a package why can't I have it....ahahahah
