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hey all, new guy here... just bought a couple hundred bucks of fgfc.pk at 2.5c per share. (just testing the waters) but, the volume on this stock today is insane compared to its history. is this a good thing or bad thing? (sorry, LOL, just tryin' to learn as much as i can). GLTA skinnyG
SkinnyG
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i guess also, whaddaya think in general about this stock's chances of making a move (preferrably upward)? G
Malloy
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First Guardian Financial Corporation Reports it has Completed 10 for 1 forward Stock Split Payout & Has Filed for a Reduction of its Authorized Common Stock Business Editors
NEW YORK--(BUSINESS WIRE)--April 11, 2006-- First Guardian Financial Corporation (Pink Sheets:FGFC) today announced that it has completed the payout of the 10 for 1 forward stock split per the announced pay date. The company has also filed with the state of Delaware a reduction of the company's authorized common shares to 200 Million.
The company's near term plans going forward include the completion of the recently agreed acquisition of a majority stake in Windsor Capital LTD, and to get the recently acquired Buysellmerge.com portal up and running on the web (The site is currently under development)while seeking additional investments and acquisition candidates.
"These are very exciting times for our company as we start to integrate our current investments while executing our business plan. The company has identified additional potential investments & acquisitions and are in various stages of discussions with them, the company is particularly interested in a regional mortgage company and a small community bank in the northeastern United States and intends to pursue them aggressively," said Mr. Abraham Rosenman President First Guardian Financial Corporation
About First Guardian Financial Corporation:
The company provides Commercial Real Estate Financing & Invests for its portfolio in small to mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate market and invest in businesses either start up or growth wise throughout the United States.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE SOURCE: First Guardian Financial Corporation
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looks like i got in pretty good:-) it was my first real purchase. as mentioned above only a couple hundred bucks worth, but not bad right now considering up nearly 35%. GLTA! skinny G
SkinnyG
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last couple months charts shows some definite gain potential at least for a quick run.
Malloy
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Lowering Auth. Shares, aquiring a bank and mortgage co., looks like a move to OTCBB is coming.
fastrunner
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FGFC doing very well right now. Still holding for now. From all the PR's seems like they are working on something big. We'll see.
SkinnyG
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just jumped down 30%. ask is .032 i'm in for 10,000 more
BottomFinder
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I agree...this stock should be over .10 in the short term...Im holding a lot. Great entry here. imo
fastrunner
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FGFC patience is key.
SkinnyG
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could reach .20+ when the new website launches. i'm def holding for awhile.
Malloy
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The PR stating that Auth.Shares going to 200M...that's exactly what wallstreet ask before the co. gets an upgrade and some real attention from major players.
This is not just a random number....this is so important.
Malloy
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Second wave starting...
.04 is the key break
SkinnyG
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what's your projection on fgfc if they move to otcbb?
Malloy
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If you take the latest high into account (before FS split), this could go at least .35
Malloy
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Remember that the latest number on the float is only 2.5M...so thin!
It says in 30-45 days and the pr was on March 8th...only time will tell. I am holding 100k shares. gl all
Malloy
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First Guardian Financial Corporation Negotiating to Acquire a Majority Stake in a Residential Mortgage Lender
Wednesday, April 12, 2006 08:58 ET
NEW YORK, Apr 12, 2006 (BUSINESS WIRE) -- First Guardian Financial Corporation (Pink Sheets: FGFC) today announced that it is holding negotiations to acquire a majority stake in a privately held residential mortgage lending company located in the northeastern part of the United States.
The company believes that entry into the residential mortgage lending area will increase revenues significantly company wide, while increasing visibility of the company's other products and services.
"With the required due diligence involved in any acquisition, we will not yet name the company until we review all of the company's assets and financial information and we have executed a definitive acquisition agreement, however we do wish to inform our shareholders of this potential acquisition, given the potential impact on the company's business going forward," stated, Abraham Rosenman President First Guardian Financial Corporation. "We anticipate the due diligence will be completed within the next thirty days, if all information compiled meets the company's criteria then a definitive agreement would be entered into immediately."
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Investments for its own portfolio in small to mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate market and investments/financing to businesses either in the start up stage or growth stage throughout the United States.
his press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
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First Guardian Financial Corporation Retains Alliance Financial Services as Acquisition Agent Business Editors
NEW YORK--(BUSINESS WIRE)--April 18, 2006-- First Guardian Financial Corporation (Pink Sheets: FGFC) today announced that it has retained Alliance Financial Services, of Chicago to act as non exclusive acquisition agent for certain prospects.
The company expects that with the assistance/services of Alliance Financial that it will be able to accelerate its growth significantly and be considered for acquisitions that would not ordinarily be available to the company.
The company has already identified and expressed extreme interest in several companies within the financial industry available for acquisition from Alliance Financial and will be pursuing them immediately, the revenue range of these companies is between $18,000,000 and 38,000,000 dollars per year, with a net verifiable profit of 10% to 15% per annum.
"The company in keeping with its aggressive growth plan going forward is extremely pleased with being able to retain and bring on board the services of an experienced proven firm such as Alliance Financial Services, and look forward to a very profitable relationship; they bring so much knowledge and experience to the team." Said Abraham Rosenman President First Guardian Financial Corporation "Furthermore not only do they bring the creditability to our company as a major acquirer of businesses they also bring and provide some of the most favorable and big name company's funding options available that almost always guarantees a profit to the company." Said Abraham Rosenman
About Alliance Financial Services:
Alliance Financial Services are not business brokers; we are accountants who have been in business for over 30 years. We represent buyers who are interested in acquiring companies that are presented to them by Alliance or targeted by the acquiring company with minimum sales of $15,000,000. (15 million dollars) or more, we will do the financial work up on all the financial statements and determine the value of the company and its cash flow, if all parties agree we will then recommend an acquisition price and arrange special financing utilizing a combination of self liquidating zero coupon bonds funded by major banks with the bonds being purchased from major brokerage houses.
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests for its own portfolio in small to mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES INDUSTRY KEYWORD: PROFESSIONAL SERVICES ACCOUNTING BANKING FINANCE HUMAN RESOURCES MERGER/ACQUISITION PRODUCT/SERVICE SOURCE: First Guardian Financial Corporation
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I saw that Malloy...the market isn't really reacting to it. We need some huge news to blast this one. Patience....i averaged down here. Very low float...if great news hits in the coming weeks we rocket...worth the risk imo..gl
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