Hunt Gold Corporation (HGLC)

[moe_the_gyp01]

From the FAQs:

Would NMGL be entitled to cancel these transactions for any reason?

NMGL is entitled to cancel these transactions should they deem these transactions to be of reputational risk to themselves. The agreements provide for such termination by NMGL in the event of any litigation against Fortress or Western or any regulatory actions against Fortress.
(What's really sad about this point is that in the very same set of FAQs, they clearly mention that FFGO will likely experience just such an administrative action for non-filing and then placing the aforementioned provision to escape the dividend in the event of any SEC action. Did anyone of the believers ever endeavor to reconciled this disconnect? Talk about covering your asses.)

So, by default, this dividend is dead!

Then, they provided for double indemnity against ever having to pay the dividend they pumped by allowing NMGL to become delinquent with its regulatory responsibility ostensibly setting this company on the same straight road, albeit a protracted one, to revocation.

No, there never was a dividend. That was made certain by this provision as well as the complete lack of effort to satisfy the A-H laundry list of to dos that are never going to happen.

I guess past really was prologue.

Hey, where is everybody?