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Re: FedUpToHere post# 191622

Saturday, 12/17/2011 11:49:06 PM

Saturday, December 17, 2011 11:49:06 PM

Post# of 221984
Re: Liquidation Dividend for FFGO - FedUpToHere

Well Done!


And I must say I also like this part;

Keep in mind, this is applicable only if the company properly dissolves and liquidates itself. Most companies do not.
- FedUpToHere


This is very true! And so clear that it can be seen in 3D.

(Cross eyes to align red dots so only 3 are seen, then focus attention to center 3D Image.)

And for those “FEW” companies (you’ve referenced) that does properly dissolves and liquidates itself, is pursed “Only If” they stand to “GAIN” by it.

Whereas, neither efforts nor concerns would be of interests if they knew every recovered “Penny” would be gobbled up by their debt obligations. And since most (rather than the few) companies that are facing these circumstances are most likely deep in some form of debt and therefore “Abandonment” usually becomes their best choice of action.

(Profiting or otherwise Flourishing Companies wouldn’t just stop and dissolve themselves mid stream.)

In the case of FFGO, where its debt was and still is so far out there, that its choice of “Abandonment” was actually its only option!!

And that harebrained stunt of theirs they pulled back on their last “Stress-Release” regarding their supposedly going dormant until they announce a divvy date, (which doesn't exist), was just a Fat carrot placed next to an unlit-lantern at the Rear-window of an abandoned building.

But in reality, all that did was buy them time for a clean getaway!


If I had waited in belief, I would by now be in Disbelief after learning all my “waiting patently” for FFGO to come-around, got “REVOKED!

When a company like FFGO misleads its loyal shareholders into oblivion -

, why should they give a damn about divvies?

THERE ARE NO DIVVIES TO HAVE!

Just because this POS company puts words in print, does NOT make it true!
Besides, I don’t believe anything that this POS prints!
Everything they (being FFGO), puts in print is not only filled with weasel-clauses, backdoor escape lines, selective wordings and terms that can have several meanings, but also never followed through on and/or their given monkey-dates are always surpassed without planned actions and/or delayed.

This nonsense went on for years.

This POS company is a clear example of what NOT to pour your money into.

Use this company as a template of what companies (like itself) to stay away from.

WRITE THIS POS OFF ON YOUR TAX FILING!!!!

Better to get 60% of your losses back, than to stay holding on to a market value of ZERO!

In understanding the Risks!, I don’t mind losing in stocks that died TRYING, but I DO mind losing in stocks that died LYING!

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