Replies to post #1895 on Otcbargains Daytrading Accountability Board

[10 bagger]

NWGC.. $0.0021.. I stuck 300K in wifes IRA based upon the fact that this stock is down 90% from the high and actually earned money in the past with higher gold prices.. A little over $600.00 worth and no more w ll be bought.. It's a cheap option on gold with a very promotional company.... hank

[RNsidersbuying]

Do you think they will convert now and pay effectly $3.00 per share and loose thier right as sr. to common shareholders.. ..??

You really think they won't?! Their other option is to convert one-for-one to common -

CLASS A PREFERRED STOCK: Class A preferred stock has a stated value of $3 per share. Holders of the Class A preferred stock are entitled to receive a common stock dividend of 13% of the outstanding Class A shares on an annual basis based on a value of $3 per share. The Class A preferred stock is convertible into common stock at a conversion ratio of one preferred share for one common share.

CLASS B PREFERRED STOCK: Class B preferred stock has a stated value of $3 per share. Holders of the Class B preferred stock are entitled to receive a common stock dividend of 6% of the outstanding Class B shares on an annual basis based on a value of $3 per share. The Class B preferred stock is convertible into common stock at a conversion ratio of one preferred share for one common share.

You didn't answer my question about your reference to "SKAS stuckholders" - are you going 4 + years back?