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Re: SevenTenEleven post# 191567

Friday, 12/16/2011 2:24:54 PM

Friday, December 16, 2011 2:24:54 PM

Post# of 221984
This is what Melissa at FINRA Opeations just told me as of 12:17 PM MST in regard to this --

Thanks for confirming that FINRA may approve corporate actions for non-registered companies such as FFGO!



Q. Can a stock that has been revoked by the SEC, in this particular case a stock under the symbol FFGO, be approved by FINRA to do corporate actions through FINRA; and in particular, issue dividends on the revoked stock?

A. Was the stock revoked under 12(j)? If the stock was revoked through a 12(j) action, the company can not issue a dividend through FINRA.

Q. How would the stock, and in particular FFGO, get back in good graces with FINRA in order to be able to issue a dividend/

A. They would have to go through the 211 process.

So -- was FFGO revoked under 12(j)?

FINRA- Corporate Actions
9509 Key West Avenue
Rockville, MD 20850
Operations: 866.776.0800
Fax : 202.689.3533
otccorpactions@finra.org

Do I really have to tell you these are my opinions and that you should do your own DD? You're not gonna' listen anyway ...

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