InvestorsHub Logo
Followers 11
Posts 944
Boards Moderated 0
Alias Born 08/01/2008

Re: None

Friday, 08/01/2008 7:57:55 PM

Friday, August 01, 2008 7:57:55 PM

Post# of 34412
Guys and Gals I have a question, we all know that the Investment group and FFGO together have 51% of hglc shares and it is real clear they are going to pursue 100% of the shares out right. The Investment group offered .025 cents per share and HGLC basically said they would think it over which pissed them off and they are gonna try and get the shares on the open market. My question is who would compete for HGLC's shares on the open market? Would HGLC buy back their own shares trying to gain more percentage of their own company with the 50 mil they have or would another investment group that wants HGLC create the biding war? Also, do think that FFGO is still gonna use the 50 mil they now have to acquire shares now that they are in cahoots with the Investment Group? The last comment I found interesting about the PR was the last paragraph informing share holders not to bite on the .025 pps if offered by the investment group without a fair evaluation. Any thoughts.