InvestorsHub Logo
Followers 41
Posts 5459
Boards Moderated 2
Alias Born 01/26/2007

Re: Ineedmoreshares post# 81326

Thursday, 10/04/2007 9:54:59 AM

Thursday, October 04, 2007 9:54:59 AM

Post# of 162847
Ineedmoreshares, Last time. You said:

"FCCN released all of the shares to GGI which GGI was owed and then the debenture obligation became fully and legally paid."

Uh yea but one little teensy weensy problem with that.

Again from the PR

"The balance remaining on the debenture as of the September 25, 2007 record date of the annual report was $35,694 and 443,531,005 shares of common stock remained in escrow as of that date.

As of October 1, 2007, the balance remaining on the debenture is $27,539 and 430,871,055 shares of common stock remained in escrow."

If the escrow account is showing leakage after the record date of the report, it totally blows your theory out of the water that GGI was fully paid as of the annual report. As I said before, there is a balance remaining as stated of shares not yet paid.

Case closed. No apology needed.

Carry on.

Derb



Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.