InvestorsHub Logo
Followers 3
Posts 328
Boards Moderated 0
Alias Born 02/24/2008

Re: Train1 post# 44972

Wednesday, 08/20/2008 2:09:18 PM

Wednesday, August 20, 2008 2:09:18 PM

Post# of 221871
Train1,
You're totally wrong.
A private equity group has offered to HGLC stockholders a price of 0,03 for their shares which they rejected. This group started then negotiations with FFGO to buy their free foat of shares. FFGO was willing to find a deal with this group but on the 14th they were contacted by HGLC which has all interest to make a deal theirselves with FFGO to remain control of the company. This deal is now being negotiated (see pr HGLC 15/08) and I think at a higher price than 0,03 because this was already the price the private equity group was ready to pay.

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.