posted
Hey gang, I'll be on the WWEN thread today. My $12K I put in yesterday is already at $28K and climbing. My guess is I'll be out of it by EOW and puting 50% of my profit into FGFC. Hope we stay at these levels, I'd like to add another Million or two shares to my count. I'll check back later
-------------------- Success is having the time and money to enjoy all of life's wonders...
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posted
I'm still in BUT I sold some shares to get may principal back along w/the commissions and a little profit. The rest I'll let ride. I'm still long on this company.
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true cotton, but L2s are thin all the way to .03!!! Thats huge. I hope they let me fill from .014-.018!! I'll update you when I buy my next bundle, should be EOW or first of next:)
-------------------- Success is having the time and money to enjoy all of life's wonders...
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quote:Originally posted by cottonjim: Man, this is to brutal to watch, hope for a very postive PR soon. MM's shakin the tree to get the weak apples to fall. We will have our day.
Hang in there cotton. Just remember the ones you sold too early. See below.
posted
NOOOOOOOOOOOOOOOOOOOOOOOO, don't remind me JK On the bright side I have been accumulating some stock over the years for between $300-$400 dollars a share, today the company received a letter of intent/offer to buy the company stock and assets for $1200 a share, not to shaby. If it goes through I will be a hundredthousandaire. God I hope it goes through.
-------------------- If ignorance is bliss, why aren't more people happy?
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quote:Originally posted by cottonjim: Man, this is to brutal to watch, hope for a very postive PR soon. MM's shakin the tree to get the weak apples to fall. We will have our day.
Hang in there cotton. Just remember the ones you sold too early. See below.
RSHN XKEM FHAL PAIV
Need I say more. GLTU
Don't forget my latest disaster, sold PAIM because, well, it's PAIM and then it runs. I say it again, I am never selling anything again until I am making bank on it.
-------------------- If ignorance is bliss, why aren't more people happy?
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posted
haha stlil sucks, today wasn't too great, but gah i bought another 150k just for ****s to see if i could get her to move..lol ready to see it go, not if, but when..
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o.k., this is a little wierd, but is there anyboby out there who pictures Abraham Rosenman in their mind without a beard? I have never seen this guy, but I would bet my life he has a beard. One of those things you can count on, death, taxes, and Abraham Rosenman having a beard - just food for thought.
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NEW YORK--(BUSINESS WIRE)--July 27, 2006--First Guardian Financial Corporation's (PINK:FGFC) Board of Directors and Executive Management has approved the terms of a new 50 million dollar revolving warehouse credit facility. The new facility allows advances up to the facilities amount of 50 million dollars against eligible collateral and matures August 1, 2007.
With the new warehouse facility now in place the company will step up its marketing and aggressively pursue its commercial real estate finance & business lending activities.
The company is also close to closing a second 50 million dollar revolving warehouse credit facility for its Trafalgar Leasing & Financing subsidiary, and expect to have that completed within the next week or two.
The new warehouse lines of credit will allow the company to increase and accelerate its lending activities significantly, thus increasing fee generated revenues, such as points, interest rate spreads and other administrative fee income.
"We are very pleased to have been able to obtain this line of credit and are equally looking forward to obtaining the second line of warehouse credit as this will give us an initial combined line of 100 million dollars and enable us to grow at a much faster pace." Said Abraham Rosenman President of First Guardian Financial Corporation
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.
posted
Total Shares 30,263,907 % of 142M 21% % of 102M 29.67% % of 50M 60.53% % of Future Float 100.88% (Assumes 20M Restricted, 30M Float) Total # of Shareholders 54 Total $ value held by Allstock faithful $423,694.70 Stock Price 0.014
-------------------- If ignorance is bliss, why aren't more people happy?
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quote:Originally posted by rothiraman: o.k., this is a little wierd, but is there anyboby out there who pictures Abraham Rosenman in their mind without a beard? I have never seen this guy, but I would bet my life he has a beard. One of those things you can count on, death, taxes, and Abraham Rosenman having a beard - just food for thought.
LOL, you may be right. I picture a little stove pipe hat and a cigar to.
-------------------- If ignorance is bliss, why aren't more people happy?
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First Guardian Financial Corporation Announces a New 50 Million Dollar Warehouse Credit Facility for its Windsor Capita Business Editors
NEW YORK--(BUSINESS WIRE)--July 27, 2006-- First Guardian Financial Corporation's (PINK:FGFC) Board of Directors and Executive Management has approved the terms of a new 50 million dollar revolving warehouse credit facility. The new facility allows advances up to the facilities amount of 50 million dollars against eligible collateral and matures August 1, 2007.
With the new warehouse facility now in place the company will step up its marketing and aggressively pursue its commercial real estate finance & business lending activities.
The company is also close to closing a second 50 million dollar revolving warehouse credit facility for its Trafalgar Leasing & Financing subsidiary, and expect to have that completed within the next week or two.
The new warehouse lines of credit will allow the company to increase and accelerate its lending activities significantly, thus increasing fee generated revenues, such as points, interest rate spreads and other administrative fee income.
"We are very pleased to have been able to obtain this line of credit and are equally looking forward to obtaining the second line of warehouse credit as this will give us an initial combined line of 100 million dollars and enable us to grow at a much faster pace." Said Abraham Rosenman President of First Guardian Financial Corporation
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.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE HUMAN RESOURCES LEGAL PRODUCT/SERVICE SOURCE: First Guardian Financial Corporation
Mr. Rosenman as Founder, and President of EW Corporation, a Private Investment & Finance Company, has been successfully involved in ownership/investment interests and the financing of a broad mix of businesses across the country.
Mr. Rosenman possesses the innate ability to recognize what it takes to turn business goals into reality. Well known for his ability as a business strategist, investor and consultant to multi million dollar operations, his management and entrepreneurial skills have helped numerous companies meet or exceed expectations, known for his keen vision and exceptional energy to get things done, Mr. Rosenman applies superior research and strong experience into building profitable businesses. Possessing the experience and skill to successfully invest in and develop start-ups as well as established companies through various developmental stages.
For the last several years, Mr. Rosenman had been primarily involved in his company overseeing its investments; Mr. Rosenman is married and a proud father of one son.
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Mr. Rosenman as Founder, and President of EW Corporation, a Private Investment & Finance Company, has been successfully involved in ownership/investment interests and the financing of a broad mix of businesses across the country.
Mr. Rosenman possesses the innate ability to recognize what it takes to turn business goals into reality. Well known for his ability as a business strategist, investor and consultant to multi million dollar operations, his management and entrepreneurial skills have helped numerous companies meet or exceed expectations, known for his keen vision and exceptional energy to get things done, Mr. Rosenman applies superior research and strong experience into building profitable businesses. Possessing the experience and skill to successfully invest in and develop start-ups as well as established companies through various developmental stages.
For the last several years, Mr. Rosenman had been primarily involved in his company overseeing its investments; Mr. Rosenman is married and a proud father of one son.
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posted
Sorry to say this, but I hope we stay around these levels for a while. I will buy some more on Tuesday or Wednesday, whenever ameritrade clears my "non-marginable funds".
I would much rather see fgfc slowly move up and build a strong base, as opposed to spiking up and down. I also think a slower rise will help push out some of the weaker less patient hands.
I think if the daytraders get a hold of this one, we could see some pretty violent action, especially as the float gets more and more depleted.
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posted
I grabbed 20K at .03 almost a month ago now.... not even sure why I'm still holding... this one moves next to nowhere.... the main reason holding is to at least break even, cause I don't need finances now to take a loss..
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On the bright side I have been accumulating some stock over the years for between $300-$400 dollars a share, today the company received a letter of intent/offer to buy the company stock and assets for $1200 a share, not to shaby. If it goes through I will be a hundredthousandaire. God I hope it goes through.
