Allstocks.com's Bulletin Board: FXGP

This is topic FXGP in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.

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Posted by Garfield1981 on :

Does anyone know what is going on to it?
The MM keep lowing the bids, volume is low.
There is no news...
Thanks.

Posted by Malloy on :

Hey Garfield,

Last PR was scary.

(...)

July 7, 2004. Boca Raton, FL; Lewis S. Schiller, Chairman/CEO of the Finx Group,
Inc., (OTCBB: FXGP) announced today that it has become aware of the announcement
by DataWorld Solutions, Inc., (OTCBB: DWLD) stating that DataWorld has acquired
the patent covering the GIL-2001 security portal and the exclusive rights to
distribute the security portal.

Mr. Schiller said "Finx' wholly-owned subsidiary, Secured Portal. Inc., has
exclusive distribution rights to the security portals in major markets groups,
including United States government agencies and banking, defense and other
potential commercial users. We have advised DataWorld of our rights and are
prepared to take necessary legal action to enforce our rights if it should
become necessary."

(...)

Legal action is never good news. The only thing positive I can see now is low volume and some T.MM (TERRORIST MM) coming at bid. They might want to cover some shorts (speculation) they did with that stock before. If so, we might see a little burp.

But the mood is bad now. Still holding some and will watch the trend closely.

Malloy

quote:
Originally posted by Garfield1981:
Does anyone know what is going on to it?
The MM keep lowing the bids, volume is low.
There is no news...
Thanks.

Posted by Garfield1981 on :

Malloy, thanks for the input.