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News Focus
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bluestoo

02/27/09 12:32 PM

#479 RE: bluestoo #478

Oh..... the b shares will be restricted. This restriction is yet to be made public. My guess is the restriction is that you can not sell them for some time (maybe 6 months?....So, these B shares would be of interest to 'long hold' investers... we will see soon.. but they will be valuable...... This play was to root out the short sellers, but was also a PR gimmick not so different than when they gave us 30% 'faithful shareholder' bonus a couple months ago..... these guys are good at what they do as far as PR and getting media attention....... (good for us as the stock in always in the news)......
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troger

02/27/09 12:39 PM

#480 RE: bluestoo #478

I am new to this board as well and I have also held CGFI shares for some time. Bluestoo has correctly stated an answer to several B Shares questions. If you want some of the full details on the determination, distribution and restrictions of the B shares, you can also refer to my post from yesterday which was taken off of the Newswire release by CGFI.

Stay long on CGIFA and CGFIB!!
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Lojiko

02/27/09 12:58 PM

#481 RE: bluestoo #478

That's pretty much what I said only in more detail. Thanks for the clarification, Blue.

I'm not fond of wading through legalese. I mean, really, why can't they just say what you said, the way you said it, in the PR?
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pgilmore

02/27/09 4:18 PM

#491 RE: bluestoo #478

Oops, posted my reply before reading this one.