Hi Dich, What I mean is...NMGL calls the shots and they have a few things on their "to do" list below before the Dividend is declared.
Taken from the 9/8/10 FFGO website update:
Fortress has no ability to make any guarantees, because the purchaser (NMGL) of the gold interests takes the control of this issue out of the hands of Fortress.
This Dividend will not be declared until NMGL has
(a) acquired the balance of the Bouse Gold, Inc. shares of common stock giving them 100% ownership of Bouse Gold, Inc. through the issue of additional NMGL Preferred Series “A” shares
(b) acquired the balance of the South Copperstone, Inc. shares of common stock giving them 100% ownership of South Copperstone, Inc. through the issue of additional NMGL Preferred Series “B” shares
(c) audited both Bouse Gold, Inc. and South Copperstone, Inc.
(d) NMGL will be required to file a “Super Form 8-K with SEC upon their obtaining control of both Bouse Gold, Inc. and South Copperstone, Inc.
(e) filed a Registration Statement with the SEC in respect of the NMGL Preferred Series “A” and Series “B” shares
(f) such Registration Statement has become effective
(g) obtained a CUSIP Number and a Trading Symbol for both the NMGL Preferred Series “A” and the Series “B” shares and
(h) admitted the NMGL Preferred Series “A” and Series “B” shares for trading on a recognized exchange.
