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Re: SevenTenEleven post# 141471

Wednesday, 07/21/2010 1:43:21 PM

Wednesday, July 21, 2010 1:43:21 PM

Post# of 221883
Seven, it appears you are confusing the shares sloane purchased from shareholders with the remaining debt Sloane purchased from debtors. They are not the same. FFGO issued stock to pay off most of their debt. Sloane bought the remaining debt from the debtors.



Posted by: SevenTenEleven Member Level Date: Wednesday, July 21, 2010 1:38:57 PM
In reply to: bobbybdb who wrote msg# 141448 Post # of 141472

Bobbybdb, Was the debt Sloane "bought" from note-holders, the same debt that was initially forgive in lieu of shares issued at $0.0001? If so, were those shares returned by the note-holders to FFGO, or were they transfered, along with the debt, to Sloane? Remember, they were/are unregistered shares.

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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