FFGO - AlanC, let's compare a couple key points provided by FFGO's management in the FAQ's. One that appears to be the original, likely written by a consultant for hire, and what appears to be a more professional, accurate, and revised account of the task at hand.
Original Q&A regarding Short Posiitons:
Are there any known substantial short positions in Fortress shares of common stock?
Not in our opinion as there is not a shred of evidence to substantiate these wild theories. Those who are true believers in supposed “forced covers” and “bear squeezes” are way off base in our opinion. This type of speculation should be treated as pure fantasy on their parts.
Revised Q&A regarding Short Positions:
ALLEGATIONS OF NAKED SHORT SELLING OF YOUR COMPANY’S STOCK:
Your Company’s Management is very aware of the numerous allegations of Naked Short Selling, a common complaint from “Penny Stock Bosses”. Despite numerous requests from our stockholders for your Company’s Management to address this issue, we take the view that these allegations of Naked Short Selling are unfounded and that there is absolutely no proof of Naked Short Selling in your Company’s stock. A function of any orderly market is to permit proper “Short Selling” of stocks. Your Company’s Management is unaware of the extent of any (if any) short positions in your Company’s Stock. We are not however, in a position to disprove the allegations of a “Short Position” in your Company’s stock.
Original Q&A regarding Value of Preferreds:
Does the price of Gold affect the holders of NMGL Preferred Series “A” and Series “B” shares?
In our opinion, it does not. However should the price of Gold decline dramatically prior to NMGL disposing of Bouse Gold, Inc. and South Copperstone, Inc. then the NMGL Preferred Series “A” and Series “B” shares would be worth less than their face value.
Revised Q&A regarding Value of Preferreds:
WHY DOES THE PRICE OF GOLD AFFECT THE VALUE OF THE DIVIDENDS?:
The transactions with the Purchaser were priced at a Gold price of US$1,050/oz. This resulted in a dividend payment to our stockholders valued at not less than US$0.003 per share of our Common Stock. With Gold trading in excess of US$1,230/oz, this payment will be increased proportionately.
Knowing my DD falls into this category, I will share one more thing that the FFGO management has expressed and shared with its investors and shareholders:
We wish to remind our stockholders that there are many supporters of your Company, who loyally express their support and share their information, often the results of extensive due diligence; for your Company on these Internet Stock Chat Forums.
The above statement would include, but not limited to, our communications with the Wyoming SOS and the facts regarding the statutes of incorporation; our communications with FINRA; and communications with the SEC.
I hope this helps to clarify a few key questions fellow shareholders may have.
Tic Toc
Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations.
To learn who rules over you, simply find out who you are not allowed to criticize. - Voltaire