According to FFGO we did not r/s into prth/hglc until after the prth/hglc reverse was completed, thus we won't see any shares until next week sometime. Confusing yes, however, that is how I see it. What worries me is the little play of 140+- shares that traded @ $5.00. Looks good, sounds good but with the spanking we got the last time these guys tried to get shareholder value they got confused and thought that we wanted "bend-over" value. Enough of that!!
The last time we had something similar with gwgd we were unable to trade the stock while they piled drived us home and it went from .20 to .000...pick a #? So with that in mind it just makes things look very strange to me. I'll be watching closely.
By the way the float looks funny to me too, as I held 6 - 10 ml shares +- for each one of the mines per pay date (that being all five mines). So of three of the five, to me that means approximately 1/1000 or 6,000 - 10,000 (x3) shares per "pay date" for and estimated 18k +- of the 58k outstanding tradable shares? Looks real fishy. I can't imagine that is correct!! Either that or there are very few that have been "bent-over" as harshly as I..ouch....
I don't know what the ratio will represent when converted from FFGO on book to tradable shares in HGLC? I don't think there is an answer to that? Let me know if you have one.
prisoner
