FFGO received compensation for the gold mines in the form of NMGL A&B's, but, did not pass on any dividend to FFGO shareholders.
sorry, this part of the post is incorrect.
FFGO never received real compensation because the shares were unregistered ( worthless paper ) ( part of the weasel clause )
FFGO received the UNREGISTERED A & B's from NMGL, and NMGL took the original WD stock in exchange.
at this point the deal was over for the insiders of this fantasy .0034 divvy deal ( NMGL now had control of the original WD stock )
Since FFGO (knowingly and willingly refused to file one single required periodic SEC report and issued/sold 75 BILLION shares into the market ) and NMGL insiders knew the SEC was moving to revoked FFGO ( as expected by the insiders but surprised it took so long ). They simply canceled the NMGL UNREGISTERED A & B shares and kept the WD stock when the official notice of the SEC suspension of FFGO = deal canceled by default
the note holders were Sloane Investments and Searchlight Exploration ) ( Sloane investments, now dissolved - and has most likley already transfered the note to searchlight ) Searchlight & partners now has total ownership and control of the mines
FFGO will never be heard from again
No divvy will ever be issued
the weasel clauses gave the rights - for the note holders to reclaim the mines
this hyped up fantasy .0034 divvy was set up to fail from day one
refereed to as the, Hook, line and sinker plan ....
this was FFGO/NMGL XMAS present to all FFGO share holders
a bag full of worthless revoked FFGO stock
