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Wednesday, 07/14/2010 11:22:16 AM

Wednesday, July 14, 2010 11:22:16 AM

Post# of 221875
I don't understand everyone's confusion. The form 8-K's filed on May 10th and June 3rd were for "ISSUE OF SHARES OF COMMON STOCK IN PARTIAL SETTLEMENT OF AN OUTSTANDING LOAN NOTES". The debtors accepted shares of common stock for partial settlement. That means that FFGO still owed them money. Sloane Investments bought "all of the outstanding Long Term Loan Notes complete with accrued interest due by the Company". That means that what was not settled by shares of common stock was bought by Sloane Investments. Is that so hard to understand? In separate transactions Sloane Investments bought shares of common stock and bought the outstanding debt of FFGO.

What I do wonder is if Sloane Investments paid full price for the outstanding debt or if a reduce price was paid.

With any stock, We have a limited amount of information to make a decision on. We are never going to completely know everything, and if we wait for 100% knowledge we would likely miss all gains because it took too long to finish research.

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