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JB_Jones

11/12/10 10:30 AM

#768 RE: stockmarketmadness #767

So we're supposed to believe that They want to dump $36 million to benefit the original shareholders of FGBF and whatever people they can get dragged into the stock before February? Got it!

They could Do an S1, buy a pink sheet, or buy an OTCBB and put $36M cash in the bank and reflect the "true value" much easier and cheaper.

Really...in 2010, someone is paying $36M simply for the benefit of shareholders in a pink sheet deal?

2/3rds of my questions were not answered.
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russo123

11/12/10 11:05 AM

#771 RE: stockmarketmadness #767

So I guess your point is a ridiculous answer is still an answer. Ok, got it.

And for the record, there is no answer I "want to hear". Just something that makes a little sense. A company spending $36 million in cash to show the overall company is worth $174 million to me makes no sense. Just show us why it's worth $174 million, and the stock will trade to $6 on it's own, and the company can keep the $36 million in cash. Who knows, maybe if they show us what they have, the market might think it's worth more then $6 a share.

And by the way, I've been trading now for a long time. I've never seen a company state where the stock should be trading. Many companies state their shares are undervalued. But I've never seen a company put a price target on their shares.