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Re: AlanC post# 211345

Monday, 03/18/2013 12:27:37 PM

Monday, March 18, 2013 12:27:37 PM

Post# of 221992
To have preferreds issued then someone has to be suing or regulating to make that happen. There is no proof of anyone taking any action to get this done. I know many have wishes or assumptions that action is being undertaken in their behalf. There is no proof that this is occurring. The argument that charges have not been filed against FFGO or NMGL principals must mean that action must have been undertaken in our behalf. That is a ludicrous assumption. Ofcourse, the principals would not cancel the dividend, that might actually get more people fired up to take action.

With all the assumptions floating around, it pacifies people who should be taking action. The preferreds are not going to issue themselves. Regulators are not going to get around to regulating FFGO on their own.

A plan requires action. No action has been done in years. Pointing to action of a couple other companies does nothing for shareholders of this company. If everyone got together and started filling out whistleblower forms or calling lawfirms or emailing regulators or local press etc etc then we might get some traction.

As long as we believe that there is a plan that is being undertaken in our behalf then we will be pacified to keep doing nothing.

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