News Focus
News Focus
Followers 446
Posts 63590
Boards Moderated 1
Alias Born 04/26/2007

Re: AlanC post# 185494

Saturday, 10/22/2011 9:24:42 AM

Saturday, October 22, 2011 9:24:42 AM

Post# of 221984
AlanC, I am sure there are negotiations going on as we speak. Those short are trapped by the historical payment, as well as in a bad way with the current shareholder payment. I am sure that the FFGO management has kept meticulous records of share issues and the hundreds of pages of SEC documents are a great place to keep public records.

My guess is there is a hedge fund or a few that are on the hook for the payments above and beyond what the company has negotiated.

Market makers have not been reporting short interest numbers for years. And with the recent removal of the bimonthly short interest numbers from public view, evidence of fraud and conspiracy to commit fraud has been removed.

Yesterday, it was proven that there is a dividend preference of 3% that is based upon the liquidation preference value of $0.003449. Each day that goes by potential puts Shorty at greater risk.

I am looking forward to the record date and looking forward to the dividend being distributed as cash.

Tic Toc

Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations. Always force abusive short sellers to cover above what you paid. Build wealth for fellow iHub'ers!

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today