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Re: WinningTrade post# 25348

Monday, 01/22/2007 1:56:19 PM

Monday, January 22, 2007 1:56:19 PM

Post# of 162848
MTG - let me see if i understand.

- The settlement agreement FCCN reached in sept/oct of 2006
(from court document ruling) requires
that none of the shares in the escrow will ever be
released to GGI for them to sell.
- after 2 years, they will be allowed to sell 2.5M$ worth
of shrs which would mean that all debt obligations to GGI
are met at that time.
- till then they have to sit and not get any thing.
[Seems to be a great deal for GGI. But that is besides
the point as far as we the current FCCN shareholders
are concerned.]

Bottomline is -- GGI cannot access those shares for the
next 2 years.
Is that correct?

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