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Re: golden grog post# 57989

Thursday, 11/01/2012 10:00:46 AM

Thursday, November 01, 2012 10:00:46 AM

Post# of 67010
Wally Ericksen has said that

CGFI's progress is moving along at a pace that shows little fervor.

Assays were supposedly submitted over a year ago and nothing has been forthcoming. Furthermore, the recent 5000:1 R/S was touted as a solution to the monstrous share dilemma driving down pps. Only to be followed by a 1 Billion increase in A/S.

Throw in lack of communication to invester, years of no productivity at invester expense, generous employee compensation plans that are constantly updated and the neverending SEC regulation excuses.

I agree 100%.
Class Action Lawsuit written all over it.
However, I'd say the next excuse is the last excuse. I concur with Mou10mn and would wait until turn of year before moving forward with legal action.
Likely foolish but giving benefit of doubt one more time.

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