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Re: power_forward post# 24452

Sunday, 01/21/2007 4:17:34 PM

Sunday, January 21, 2007 4:17:34 PM

Post# of 162848
I am aware of that and I didn't draw you and ttoon's attention for the heck of it. The fact of the matter is that the C/D was done illegally and therefore the shares issued are null and void just like the share reduction to 200m. Games N' flix is not a BDC corporation, FCCN is. You can not perform this type of financing under a BDC in the first place, hence the SEC has already ruled that the shares do not apply! That is why when Golden Gate sought litigation, they went after the top 3 execs at the time and not FCCN itself. Mr. Peacock would not revive a shell that could not or already has been divulged of the matter. Mr. TrendGreen



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