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News Focus
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814jeffw

01/22/07 1:32 PM

#25351 RE: WinningTrade #25348

Did they mention at all if there'd be a PR SOON to stop the drop we're experiencing right now.?

Jeff
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SteveoChicago

01/22/07 1:37 PM

#25356 RE: WinningTrade #25348

I love your two year estimate. I can surely wait that long. I have no problem adding to my position at these levels.

Easy does it.

Go BEARS!!!! 2007 is gonna be a great year for ole SteveoChicago and the other FCCN investors. Sure, even the flippers can make money on some of the pullbacks.
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moon2mkt

01/22/07 1:56 PM

#25396 RE: WinningTrade #25348

MTG - let me see if i understand.

- The settlement agreement FCCN reached in sept/oct of 2006
(from court document ruling) requires
that none of the shares in the escrow will ever be
released to GGI for them to sell.
- after 2 years, they will be allowed to sell 2.5M$ worth
of shrs which would mean that all debt obligations to GGI
are met at that time.
- till then they have to sit and not get any thing.
[Seems to be a great deal for GGI. But that is besides
the point as far as we the current FCCN shareholders
are concerned.]

Bottomline is -- GGI cannot access those shares for the
next 2 years.
Is that correct?
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ChEmillion

01/22/07 2:12 PM

#25422 RE: WinningTrade #25348

Good work MTG, psychotik!
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etouqe

01/22/07 2:24 PM

#25438 RE: WinningTrade #25348

Thats fine that they explained it to you over the phone, but that does nothing for people holding and wondering about this O/S & A/S. Until they publicly address this big question mark this will be in the hands of MMs and daytraders looking to flip this thing on small swings
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Trendfinders

01/22/07 2:51 PM

#25491 RE: WinningTrade #25348

Nice find Green: The shares can not be sold and have no effect on our current o/s of 76m! Mr. TrendGreen