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pietro

03/02/07 9:03 AM

#40705 RE: hostastock #40704

That's good new's for us fccn share mogals! LOL
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NHred

03/02/07 9:08 AM

#40708 RE: hostastock #40704

This doesn't make sense to me. GGI invest money in high risk companies. Companies take the money and do with it what they want. Company management makes bad decisions. Company loses money. Company can't repay loaned money. GGI is repaid with shares(since there is no money). GGI sells shares since its the only way to recoup money. So who's fault is it that the company went down the tubes, GGI or the company? The shareholders take a double hit becuase the company is unsuccessful and GGI is forced to sell shares to recoup it money forcing a downward PPS spin. The question I ask you is why is GGI buying restricted shares at 1.00? If they aren't interested in the company(aero). GGI has paid FCCN 186,000 dollars for 186,000 restricted shares. That would repay most of the loan. If GGI thinks this is a bad investment why throw good money down the tube?