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Good to know you're still in Matto. I think this baby will pop soon. Anyone contact the company? I sent an e-mail but haven't heard from them yet.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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NEW YORK--(BUSINESS WIRE)--May 11, 2006-- First Guardian Financial Corporation (Pink Sheets:FGFC) today announced that it has completed the buyout of the minority interest in Windsor Capital Ltd. First Guardian Financial Corporation had previously owned/purchased a majority interest in Windsor Capital Ltd. and now has completed the buyout of the remaining shares of the minority interest that it did not own; thus making Windsor Capital a (100%) wholly owned subsidiary of FGFC. The company intends to grow aggressively through acquisitions within the finance sector such as commercial/residential mortgage companies, leasing/finance companies, factoring companies, debt recovery companies and other financial sector related entities. The company will also continue to pursue investments to small and mid sized companies for its own portfolio, in those company's that demonstrate the ability to yield a decent return with a secured position for the company. "We are very pleased with the speed and execution of this buyout and would like to thank our acquisition team for their hard work and efforts, The company intends to control a (100%) majority interest in all its acquisitions whenever financially possible," said Abraham Rosenman, President First Guardian Financial Corporation.
About Windsor Capital Ltd:
Windsor Capital Ltd. is a consulting and investment firm specializing in the areas of information technologies serving the Banking, Investment Banking and Health Care Service Industries.
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 and mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate finance 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.
Forward Looking Statements:
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 MERGER/ACQUISITION SOURCE: First Guardian Financial Corporation
FGFC First Guardian Financial Corporation Completes Buyout of the Minority Interest in Windsor Capital Ltd. Business Wire - May 11, 2006 8:42 AM (EDT)
NEW YORK, May 11, 2006 (BUSINESS WIRE) -- First Guardian Financial Corporation (Pink Sheets:FGFC) today announced that it has completed the buyout of the minority interest in Windsor Capital Ltd.
First Guardian Financial Corporation had previously owned/purchased a majority interest in Windsor Capital Ltd. and now has completed the buyout of the remaining shares of the minority interest that it did not own; thus making Windsor Capital a (100%) wholly owned subsidiary of FGFC.
The company intends to grow aggressively through acquisitions within the finance sector such as commercial/residential mortgage companies, leasing/finance companies, factoring companies, debt recovery companies and other financial sector related entities.
The company will also continue to pursue investments to small and mid sized companies for its own portfolio, in those company's that demonstrate the ability to yield a decent return with a secured position for the company.
"We are very pleased with the speed and execution of this buyout and would like to thank our acquisition team for their hard work and efforts, The company intends to control a (100%) majority interest in all its acquisitions whenever financially possible," said Abraham Rosenman, President First Guardian Financial Corporation.
About Windsor Capital Ltd:
Windsor Capital Ltd. is a consulting and investment firm specializing in the areas of information technologies serving the Banking, Investment Banking and Health Care Service Industries.
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 and mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate finance 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.
Forward Looking Statements:
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.
posted
Huge buys? What are you talking about. There is absolutely no action at all on this thing. Total volume so far is not even over 1 million
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Where is the volume? With the news, this should easily have over 1 million in volume and over .01. Can understand why people aren't buying this terribly undervalued stock! Just don't understand it?!
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Thats stupid plni! This is pretty much at its 52-week low and a buy-out doesn't help this stock move at all! I've seen worse news make stocks move more than this! Now people are selling, all I can do is laugh!!
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I think that IPRE will gradually move to where it was but these big runs are coming to an end and today looks to be done. Lets see some of those buyers in IPRE jump to FGFC which has just as much potential as IPRE.
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tyler you called me stupid and I ask you to forgive me for not stateing my thought on fgfc clear to you.I hold alot of their shares and look forward to making money with this company. Maybe we are all to quick to think someone is stupid.
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I didn't call you stupid, I said your comment was stupid. It should be moving today with the PR that was released today. Obviously, with the upcoming PR's, it should help a lot. Sorry for the misunderstanding.
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fgfc will be better off once it's off the radar. slow accumulation for sure. if you're looking for a quick turn on this one, don't hold your breath. with everything this company is getting into and the fact that they are actually legit, it might be as much as a year before this stock reaches back into the .30+ range as it was before its recent 10 for 1 split. if you can hold out for the long term, that'd still be a 3000% return (assumming you bought it around .01) over the course of maybe a year... which ain't so bad at all. :-)
-------------------- Cashing checks in two forms: Money and Reality