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Re: Marvell post# 11693

Thursday, 04/05/2012 12:15:07 PM

Thursday, April 05, 2012 12:15:07 PM

Post# of 42929
There is ZERO chance FOGC will unwind the recent increase in its share capital. If the merger doesn't go through, they will still find reasons to issue hundreds of millions of shares (as stated in their latest PR: "The share structure was necessary to accommodate a possible merger into FOGC and to accommodate fees and payment dues of the aforementioned report."). How much did the "report" cost? How are they planning to issue shares to "accommodate" fees and payment dues?

If the merger does go through, it will be with another worthless Mini-Mart pump-and-dump shell. They'll do anything to justify issuing shares. In fact, they've probably done it already but haven't disclosed it. After all, that is the core of their business; not mining or oil. Mining and oil merely provide the necessary smoke-screen for issuing shares and selling them to ignorant public investors.