Got this from Alan a little while ago.
I am "gagged" from releasing Goldco details. Yes, they are quoted.
Once Goldco Attorneys give me permission, full details will be released.
We are "on top of this problem" of restricted shares. Goldco will file a Registration Statement.
A Cash Dividend would entail our placing Goldco shares for cash; then distributing the cash. In all fairness that is not the nature of this Company's business. My job is to maximize growth, earnings and NAV.
Alan.
From: xxxxxxxxxxxxxxxxxxx
Sent: Thursday, July 24, 2008 2:18 PM
To: investor@fortfinancegroup.com
Subject: Dividends for FFGO
Alan,
If the dividends for FFGO will be restricted shares of GOLD CO, won't they pretty much be worthless before the restrictions are lifted? In my past experience, no restricted stock dividend has been worth anything by the time the restrictions have been lifted. Have you talked to others to possibly give a cash dividend, so investors will be guaranteed at least something for their faith in you?
By the way, what is GOLD CO? Is it a specific company that is currently trading? If so, what is the stock symbol and market that it is on? If not, can you explain exactly what it is?
Thanks.
Mike