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Re: WinningTrade post# 33688

Friday, 02/02/2007 4:11:56 PM

Friday, February 02, 2007 4:11:56 PM

Post# of 162847
MTG, wish it were as simple as throwing 200K$ at GGI
and saying be done.

Unfortunately, it is not -- because with the
way the previous management handled the CD terms
and the way the litigation seems to have been settled,
GGI is sitting in a royal seat -- they can make
many times (10 times to 50 times) the 200k$ they are
owed by simply following the terms of the settlement

- convert the 200k$ at a price which is avergae
of last 45 days and sell the resulting shares at
a huge profit thereby (as long as at any given time
they don't possess 4.9% of total shares of FCCN).

this is such a sweet deal for them; why would they take
200k$ cash instead???

No wonder, FCCN management is unable to state that
GGI will not get their hands on more shares - in an
emphatic and clear manner
OR able to pay off the 200K$ in cash.

All in my opinion only

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