News Focus
News Focus
icon url

Vianna

11/12/08 12:15 PM

#64678 RE: scion #64675

Scion, The 5 trillion A/S share number was reduced to 35B by the BOD months ago and communicated to shareholders (and an 8K was filed with the SEC). I agree with you on the fact that the Sect of State of Wyoming has not updated this information. It shouldn't take this long and I understand your point and concern.

On the other hand, the stock ran before from .0001 to .0009 even when the A/S was 5 trillion. Many consider FFGO their "BIG WIN" this year and made "a killing." Others did not...as myself, b/c I did not take profits. Also, several of those others hold many more shares than I do and have no regrets about not taking profits. In my case, I wish I had taken profits but life is about lessons and I learned mine.

Personally, the A/S does not worry me. I am happier with the fact that the TA has confirmed to me that the O/S was reduced from 59B to 31B which means the company did buy back and cancel those shares. I hope you agree with that point at a minimum.

There are reasons to be concerned with FFGO, and it has been a WILD ride. I am not arguing that point, but I still am optimistic that I will get the Extraordinary Dividends. I also "believe" that another run may be upcoming although I would have NO CLUE if it will happen or how high.

All the Best,

V