InvestorsHub Logo
Post# of 9448
Next 10
Followers 8
Posts 745
Boards Moderated 0
Alias Born 05/31/2006

Re: bUrRpPPP! post# 405

Thursday, 02/28/2008 8:16:31 PM

Thursday, February 28, 2008 8:16:31 PM

Post# of 9448
Hey Burp,

I dont have an account with I-Hub, but wanted to get back to you about your question on FUGO. According to Dan, the company's IR contact... The S-8 is for restriced shares ownned by Hugo Cancio the CEO. They are not to be sold into the open market and are being set aside for future business use, primarily acquisitions. Up to this point he has not had any free trading shares to sweeten the pot on some of the recent deals like the Beatles Tapes.

I'd like to add that Dan [the IR contact] and Hugo are always available to answer any questions that shareholders have.

Squeegee
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.