Replies to post #11441 on 1st NRG Corp (FNRC)

[alsteps]

I will see if I can find the p r. I think it was in June, however it definitely said 1-100,000 conversion. It all so commented on the 20,000-1 restricted share position after the R S in 2014.

[alsteps]

Hi Cropduster here is what I received on June 14 2016.
From my own view I see 1st NRG Group (FNRC)
surviving and being a profitable company.


Alan: this was posted on the OTC web site yesterday:

On May 12, 2014, FINRA announced the Company’s declared dividend of one Series “E” Preferred Share for each 100,000 shares of Common Stock owned by shareholders of record on April 28, 2014. The Series “E” Preferred Shares are restricted but are now convertible into the Company’s Common Shares. Each share of Series E Preferred converts into 100,000 shares of the Company’s common stock. Holders of the Company’s Series E preferred shares are not required to convert their shares at this time and may continue to hold the Series E Preferred shares. However those that wish to convert the Company’s Series E Preferred shares the Series E holders must provide written notice to the Company to of their intentions to convert the shares of Series E Stock together with the holder’s stock certificate or certificates carrying the universally recognized “medallion signature guarantee” to the Corporation. The Common Stock will be issued immediately and without restrictions pursuant to an opinion of our counsel. The Company’s address is: 1531 Stout Street, #607, Denver, Colorado 80202.