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Re: underdog150 post# 220990

Saturday, 10/19/2019 5:40:28 PM

Saturday, October 19, 2019 5:40:28 PM

Post# of 221875
because Mr Lowenthal as CEO and President of NMGL received the "torch" (preferred As+Bs from the sale of FFGOs properties Bouse and S.Copperstone, cf. FORM D, 2010) to put it into the "vault" of NMGL until a buyer is found. they were to keep separated from the assets of NMGL. they never belonged to NMGL. they can´t disappear. where are these shares???
these shares today have a much higher value than liquid. preference.
there should be negotiations with the owners of the remaining shares to sell together with them 100% or these shareholders buy our shares. that´s usual business. don´t forget: the person or company gets 5% for brokering the sale.
about 23% of "our" shares belong to Mr. Lowenthal as 23% shareholder of FFGO.
last possibility: distribute the prefAs+Bs to the shareholders. but in the actual goldmarket it shouldn´t be difficult to sell the shares.
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