News Focus
News Focus
icon url

AlanC

12/17/11 8:05 AM

#191623 RE: FedUpToHere #191622

Nice to see that you agree that the liquidating dividends come under the purview of the State of Wyoming. I agree with you that in order to accomplish this FFGO will have to pay Wyoming the fees that are past due and have their paperwork in order. That is a quickly and easily accomplished process if FFGO chooses to do it. Good advice on doing your own DD and many of us here have done just that. Go FFGO!!!
Dividends of 3400%+ are awesome!
icon url

SevenTenEleven

12/17/11 8:44 AM

#191624 RE: FedUpToHere #191622

No one said Wyoming was going to "force" a dissolution. Claims of investors making such statements are not founded upon anything posted or stated.

Also, once the plan for a liquidation dividend is put in place, the State of Wyoming's Statutes appear to allow it to proceed, regardless.

Great to be a shareholder!

Great that shareholders are looking out for their own interest. The SEC, FINRA, the DTCC, , brokers, and even Congress is not interested in the wellbeing of shareholders. They all have their vested interests and they all utilize their own resources to make sure their pockets are lined, first.

Thanks for the DD! Forces shareholders to do their own DD and to get educated.

When shareholders receive their dividend, it sure will be vindication for them.

Tic Toc
icon url

ib12u

12/17/11 11:49 PM

#191662 RE: FedUpToHere #191622

Re: Liquidation Dividend for FFGO - FedUpToHere

Well Done!


And I must say I also like this part;

Keep in mind, this is applicable only if the company properly dissolves and liquidates itself. Most companies do not.
- FedUpToHere


This is very true! And so clear that it can be seen in 3D.

(Cross eyes to align red dots so only 3 are seen, then focus attention to center 3D Image.)

And for those “FEW” companies (you’ve referenced) that does properly dissolves and liquidates itself, is pursed “Only If” they stand to “GAIN” by it.

Whereas, neither efforts nor concerns would be of interests if they knew every recovered “Penny” would be gobbled up by their debt obligations. And since most (rather than the few) companies that are facing these circumstances are most likely deep in some form of debt and therefore “Abandonment” usually becomes their best choice of action.

(Profiting or otherwise Flourishing Companies wouldn’t just stop and dissolve themselves mid stream.)

In the case of FFGO, where its debt was and still is so far out there, that its choice of “Abandonment” was actually its only option!!

And that harebrained stunt of theirs they pulled back on their last “Stress-Release” regarding their supposedly going dormant until they announce a divvy date, (which doesn't exist), was just a Fat carrot placed next to an unlit-lantern at the Rear-window of an abandoned building.

But in reality, all that did was buy them time for a clean getaway!


If I had waited in belief, I would by now be in Disbelief after learning all my “waiting patently” for FFGO to come-around, got “REVOKED!

When a company like FFGO misleads its loyal shareholders into oblivion -

, why should they give a damn about divvies?

THERE ARE NO DIVVIES TO HAVE!

Just because this POS company puts words in print, does NOT make it true!
Besides, I don’t believe anything that this POS prints!
Everything they (being FFGO), puts in print is not only filled with weasel-clauses, backdoor escape lines, selective wordings and terms that can have several meanings, but also never followed through on and/or their given monkey-dates are always surpassed without planned actions and/or delayed.

This nonsense went on for years.

This POS company is a clear example of what NOT to pour your money into.

Use this company as a template of what companies (like itself) to stay away from.

WRITE THIS POS OFF ON YOUR TAX FILING!!!!

Better to get 60% of your losses back, than to stay holding on to a market value of ZERO!