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nWo

08/18/10 8:13 PM

#154870 RE: varmit #154868

Dude, the company does not have that kind of money to pay out in a cash divy of .0034, and this stock is not going to .0035 at anytime either...FFGO is lucky to be worth .0002 at this point nevermind .002
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SevenTenEleven

08/18/10 8:18 PM

#154871 RE: varmit #154868

Could FFGO and Western own that rumored 86% of the O/S?

What was FFGO doing with all of that money they were borrowing? Buying back shares? Wouldn't that be crazy!

Tic Toc
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puppydotcom

08/18/10 8:21 PM

#154872 RE: varmit #154868

PUP WE ARENT DONE YET !!!!!!

I'm sorry, but yes! the game is over .. and the loyal share holders lost .. lumb and the crew won ..

the company sold sold/issued 74.8 BILLION shares ( The Float )

of which all but 5% ( according to FFGO ) .... are considered free trading by the SEC

Sloane bought the FFGO shares with an IOU .. and if they're still an affiliate company - can sell 50K per quarter ..
however, they also stated Sloane had no restrictions

the stock sold to Sloane by IOU was free trading stock

the FFGO dilution has been a monstrous nightmare to the retail market