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brian

09/09/07 11:24 PM

#63839 RE: livinginstyle #63838

this was not just chang even though chang did cause damage. seems to me that efgo is busy trying to find scapegoats rather than building the biz.. remember when they blamed the ihub board for their problems?

if anyone tries to do something to them legally, my guess is they would file bankruptcy and take the stock to the grey market, or possibly minaco would buy all the shares at 0.0001 (1.1m) and take efgo private.

we wait and pray that this stock rebounds eventually

imo
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STRONGUS

09/09/07 11:24 PM

#63840 RE: livinginstyle #63838

This is what we have been saying all along..These greedy S O Bs are diluting the hell out of this stock for ages. Let us put pressure on them and stop them right here. Like I always said, it is the supply vs demand. If these greedy S O Bs stop their dilution tomorrow, soon or later we will go up nicely..These blood sxxking vxxxires need to take a break right here and let us get some move..

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itlogic

09/09/07 11:36 PM

#63849 RE: livinginstyle #63838

"out-foxed by Chang"... are you sure?

Someone might need to fill me in on something. How exactly did Minaco give money to EFGO? EFGO gave them the preferred shares, sounds like EFGO gave them something, not the other way around.

Oh that's right they gave us $600,000? Wasn't that it? So, does that mean they had 600k from Minaco and 250 or 300k profits from last quarter? So they had 800k or more in cash and still needed to dilute? I'm not looking at the financials, so I might be off.

Sounds to me like alot of money is going somewhere and there is nothing to show for it.