InvestorsHub Logo
icon url

likwit

11/06/06 8:15 PM

#12734 RE: I Love Roth Iras #12731

If FGFC bought 50 million shares out of the market for .007 and wanted to issue them to a company instead of cash, they would not be able to give them to the company for .007.. it would have to be less, maybe even .005 in order for them to accept the deal instead of cash.. what incentive is there for FGFC to buy the shares out of the market and issue them at a loss as opposed to just paying for the services? + now there is still extra stock out there and they keep stating they want the float as low as possible...

also if the shares were bought back and re-issued when they were, (I believe we were trading around a cent when this news came out), why would the company which accepted them as payment start offing them at basically 60% of what they got them for....

none of that makes sense...