The only "sure thing" here (FFGO) is the law(s), respectively at work.
In the event one needs another example, see MTLQQ (Motors Liquidation Company f/k/a General Motors Corp). Talk about proper DD (Due Diligence) from an investment standpoint! Current (soon to be former shareholders of GM common stock) appear to be in a similar chess match w/ the New GM....To be sure due a little research.
As a business professional, entrepreneur, and equity investor, what continues to amaze me is the level of "frustration" associated with this stock..
Having invested countless hours of research in the company (FFGO), the industry (Mining/Minerals/Energy), the officers(management){Lumb, Lowenthal, Etc.}, the SEC filings (8-k,10-k, etc.), FINRA regulations, OTCBB, statutes, regulations, compliance, etc. etc, etc.. and cross-research (NMGL), etc., etc., etc., one thing remains constant...
The layers of law(s) associated to all things mentioned above, inter-weave themselve to make it cost-prohibitive, for most, to make an "informed and intelligent" decision to invest a mere $100-$1500 in FFGO..
This is not a "life changing" investment for most here. (e.g. we did not leverage our whole 401-k, and or portfolio). Rather, we palced a small "bet" if you will on a 99-1 shot!
As for me, I still have my order to sell (GTD) set for 2011...However, i did modify it slightly...My price is now .10 per share x 15MM...
"If" all the legal, and/or potential legal procedures, NMGL proposals for execution of A & B shares, divy's to FFGO shareholders, etc., comes to pass, MANY here will experience a "life change"..
Not a bad outcome for those who remain "patient" and continue to "persevere".
GLTA
KyBourbon
AI
