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Still here with my 350000 and waiting patiently.We are all going to make some money on this one.glta
Posts: 534 | From: florida | Registered: Feb 2006
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Well now, if the float was announced tommorow as 50 mil. 30 mil. common and 20 mil. Restricted, we would officially hold 102% of the OS. Interesting.
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Just got a response back from ir on a question I had. There could be a really good pr later this week or early next week. FGFC is very close to signing a very important contract - this is not related to share structure.
Posts: 34 | From: ohio | Registered: Jul 2006
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Just got a response back from ir on a question I had. There could be a really good pr later this week or early next week. FGFC is very close to signing a very important contract - this is not related to share structure.
Posts: 34 | From: ohio | Registered: Jul 2006
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Good news rothiraman... Great day today, I believe August will be our month. July belongs to FHAL.
Posts: 630 | Registered: Jun 2006
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yes, i'm ready for this, i have to have major surgery 3 of them actually and 2 minor, i destroyed everything in my lower leg and ankle, muscles, tendons, everything amazingly except my nerves, they're all in tact..lol ****in a..have to go for evasive surgery this coming week, chance i might not walk again slim chance but a chance....sucks boys, but hey, atleas tthis will roll....so I'm definitely ready for this to run up....I can't walk for 6 months...so I'll be doing what I normally do, thank god I do this or i'd be SOL..everyone count your lucky stars..never know what could happen, i surely didn't think I'd be here, but lets rock n roll back on topic, GO FGFC StANDING BY YOU STRONG SINCE .008
Posts: 1029 | From: Long Island, NY | Registered: Apr 2006
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If we own as many shares as we think we do (102%) then lets all call our brokers and request certs. If you dont want to actually order certs then just tell your broker to change your shares to your real name not street name. Im not sure how exactly the latter works but I know if everyone requested certs the huge short positon in this would be revealed. The PPS would get pretty funky with a short squeeze. Anyone long request a cert!!
Posts: 406 | Registered: Oct 2005
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rocked, sorry to hear about your fall and broken leg. sounds like you are lucky to be alive!! you've got rough few months ahead of you. i went through a motorcycle wreck about a year and a half ago (broken arm,with surgeries), it sucks! what you need now, as a get well present is ... FGFC at .65!!! GLTY and get well soon
Posts: 217 | From: Tuscaloosa, Alabama | Registered: Jun 2006
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First Guardian Financial Corporation Completes First Round of its Previously Announced Share Buyback Program Jul 25, 2006 8:47:00 AM Copyright Business Wire 2006 NEW YORK--(BUSINESS WIRE)--July 25, 2006--
First Guardian Financial Corporation (Pink Sheets: FGFC) today announced that the company has completed the first round of its previously announced buyback program. It has purchased 10 million common shares and will retire them to the company's treasury.
With this first round of the share buy back plan, it will reduce the company's authorized shares to 142 million. The company will continue to acquire additional shares and retire them until it has reached the stated goal of purchasing 50 million shares, giving the company upon completion only 102 million authorized shares.
The company will file the proper corporate resolutions with the Secretary of State, Delaware by the end of business next week. The company will also provide its Transfer Agent all corporate resolutions reflecting such reductions and the current share structure.
"We are extremely pleased with the progress the company is making on all fronts of its business plan, within such a short period of time. Within a couple of months, we have been able to reduce the company's authorized share structure from 520 million authorized to 142 million," stated Abraham Rosenman, President of First Guardian Financial Corporation. Mr. Rosenman also stated, "We will continue to acquire/reduce the share structure to the previously announced share structure of 102 million authorized."
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests and provides financing for its own portfolio in small to mid sized businesses nationally. 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.
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This makes the current float 71,931,116 shares and we are holding nearly half of that.
Posts: 2049 | From: Jax,FL,USA | Registered: Nov 2003
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It is amazing to me that someone is willing to sell at .016 when the company has flat out stated that will pay .06.
Posts: 34 | From: ohio | Registered: Jul 2006
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Hey gang! Just got back from paradise. My funds came through finally but I decided to play WWEN with them and I'm taking my profits from it and placing them in FGFC. I'm still holding my 750K (and I will hold min 1 yr) just so you can keep the tally correct. I'll check in later
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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Total Shares 30,581,207 Total $ value held by Allstock faithful $474,008.71 % of 142M 22% Total shares Stock Price % of 102M 29.98% 30,581,207 0.0155 % of 50M 61.16% % of Future Float 101.94% (Assumes 20M Restricted, 30M Float) Total # of Shareholders 55
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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Changed the format a bit, hopefully it comes accross more readable.
Total Shares 30,581,207 % of 142M 22% % of 102M 29.98% % of 50M 61.16% % of Future Float 101.94% (Assumes 20M Restricted, 30M Float) Total # of Shareholders 55 Total $ value held by Allstock faithful $474,008.71 Stock Price 0.0155
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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posted
So 10 million have been bought back. The closer they get to retiring the 50 million shares the harder it will be to buy shares and the price per share should move up accordingly. Holding strong. GLTA
Posts: 1289 | Registered: Dec 2005
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I'm holding VERY strong. Just a matter of time. The reward far outweights the risk here.
Posts: 2049 | From: Jax,FL,USA | Registered: Nov 2003
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