The last time the SEC was involved with FFGO was at the time of revoking
FFGO felt they were above the law and refused to file one single required report over the entire time they were in business
The SEC went out of their way to contact FFGO management to appear before them and try to work things out - FFGO refused knowing full well the SEC would wipe out all share holders and close down the company
NO SEC involvement No FINRA involvement No lawsuits No fantasy NSS NO fantasy divvy
All that's left here today are wild and crazy rumors with ZERO facts or proof of some fantasy divvy.
FFGO - The historical naked short selling is what is the biggest problem for those responsible. No way out! No inferred colorful conclusions to influence tax write downs will help the retail brokers, market makers, and broker-dealers to close out and cover. Hoping the regulators and the company have agreed to lock down the beneficial ownership to the shareholders of record on the date of revocation. That would mean that all of the efforts afforded by those responsible for the illegal naked short selling would have been for naught.
The company made it clear that shareholders should not allow others to agitate them on a daily basis. What is claimed is not truthful according to the company and should be ignored. A historical lock on ownership and owingship would be a perfect twist to the story.
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