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Alias Born 07/15/2008

Re: None

Thursday, 07/31/2008 3:06:21 PM

Thursday, July 31, 2008 3:06:21 PM

Post# of 34414
quick question...IF a buyout happens? Then what will happen to the proceeds from the moly sale ($50M)? Is it just a coincidence that the amount the FFGO is lent for the stock purchases is of the SAME $50M amount? And also, if this equity fund bids for HGLC and takes over, this amount that FFGO borrowed is STILL to be repaid in full, plus 12%interest, by end of Dec OR all HGLC holdings and rights are immediatedly seized...Now that wouldn't be that bad for just a $50M price tag if FFGO were unable to pay it back..But FFGO also walks away with the unused amount of the loan to (so they would not be screwed either)and if the same equity fund takes over, then they are free to cancel that amount from the HGLC float as they wish...I mean, anyone bidding on a company will not bid, unless they beleived that their investment will return MORE in value in the long run...WIth mockingbird still starting in Sept1 and all the good stuff, this whole thing could play out quite slick..JMO....Wanting to see all in the morn and next wk make $, including myself of course wink