Replies to post #4158 on First Colombia Gold Corp (FCGD)

[space1230]

I think that there is a lot more good than bad here with FCGD. The default status is recent and not worrisome to me. It does temporarily lock management from increasing anything. With that said, there is a long road ahead from the current o/s count to the 850 mil a/s count. The interest in FCGD seems pretty minimal. That may not be such a bad thing. Asher is going to want to sell volume and a little push can bring FCGD down to a .0001 bid if a lack of interest continues here. If .0001 happens (I think it's unlikely with this low market cap) but if it happens, the interest here will explode. .0001 would mean a fully authorized market cap of 85k. That's just silly. I certainly would grab as many shares as I could afford.

thats good on the default status b/c they can't make any changes to the share structure unless they are current, right? they cant increase the as..etc..needs a group to run this and easy $.001+ is possible