posted
That share retirement becomes a wild card at this point. Imagine the implications of announcing a new "credible" CEO, as well as the retiring of another 100-150 million shares, just to get the new guy off on the right foot. That would be a dream compared to this nightmare.
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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posted
this news was not all that bad, CEO resigned, so what! he was not doing mutch for us anyway! new CEO = new life for the company. we anticipated news then got this! NOT what we hoped to hear!! over reaction! IMO. A/S is reasonable O/S is higher than the A/S?? lots of Q`s. maybe a new CEO is what we need to get some anwsers. what the hell I may as well buy some more! price is low and potential is still there! GLTA!!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
please, SEC doesnt give a crap about a pink, you are investing in one of the riskiest things in the world to invest in. feel free to complain, but they are so busy with bigger fish to fry, they dont care. its a pink !! they are all pos and only worth a flip. good luck..
quote:Originally posted by MEMY SELFANDI: What legal actions can one take? SEC , Attorney General, FBI , some one on I hub suggested small claims court for breach of fiduciary duty. This one just seems more criminal than your typical pink pump and dump scam
quote:Originally posted by MEMY SELFANDI: What legal actions can one take? SEC , Attorney General, FBI , some one on I hub suggested small claims court for breach of fiduciary duty. This one just seems more criminal than your typical pink pump and dump scam
jmho All these guys did was give us the silent treatment. now the resignation. there actually is a chance in beans that someone is going to fill the shoes and take this to the moon. it is a pink. anything is possible. speculamentation rules. that's why someone is able to sell.... someone is buying.
not me.
how many other OBs and PKs just in the last few months have been found out to be scam or boarderline scam?
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
this certainly does NOT fit any scam profile, scam stocks issue loads of PR`s, dilute there stock to death, while issuing MORE incredible PR`s until the price collapses under the weight of billions of shares issued! this company on the otherhand DID reduce the A/S as promissed ( although the O/S is now higher than authorized by more than 100 million shares? ) they DID retire shares and they did "claim to have revenues" higher than they anticipated. then silence for over a month until this morning. if it walks like a duck! well so far this does NOT!! so what is it!! a winner or a loser? time will tell!!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
This is a great post from another board that pretty much sumes it up in my opinion:
"" Coupled with the fact we've just not seen dilution and the OS is still well under 300Mill, which is fairly small for any pink."
Can't back you up on this one _____. Per their June pr's fgfc reduced the authorized to 152 million. They stated they were going to buy shares on the open market, and from "previous" owners to reduce the structure to 50 million total shares. That was the plan. In the meantime they claimed business was great and even made a cool million on a land flip. It is now 2007, and the TA reports 276 million shares outstanding after they have "retired" Hayters "100 million" shares. There is no buyback and there never was. All the shares you and me bought at .03 down to .01 were sold by FGFC insiders. While the "buyback" was underway, they slowly and methodically pushed the shares into the market.
Oh, and by the way the CEO who nobody can find info on has the exact same name as Hayter's district manager in Florida. And once the info was circulated around the boards, the company stopped issuing statements and the "ceo" resigned.
Nobody to take calls, nobody to return e-mails, no working phone numbers, a virtual office, and poorly written press releases - this was ,screaming scam, but you and I wouldn't listen. We got caught up in it, because we wanted it to be real. I broke my own golden rule of investing and got emotionally involved. It's over johnny, stick a fork in her - she's done."
Posts: 630 | Registered: Jun 2006
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posted
FGFC is over and done with my friend. My prediction is that it will drift down into the .000's and you will never hear from the so-called 'BOD' again. Eventually someone may buy this and re-name it, and pump it back up over .01....
But investor confidence in this stock is non-exstitent. Just another black mark on the world of pink sheets.
I just really wish we could get the names of the people behind this so that if they ever try it again they will be exposed. I know several of the posters on another board are moving forward with class action law suits it seems. So maybe they will be able to nail these guys.
Posts: 630 | Registered: Jun 2006
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posted
i doubt it smelly, just a panic today.. and there is usually always a better time to sell rather than in a panic. MONEY is probably right, it will rebound most likely, not to a buck.. but maybe to .006 in a month or two. MM's want you to feel exactly like you do right now, and to give up. sell them cheap shares.. I would of bought some if i had the money freed. I cant think of how many times in past i would give up after a month or two down 50%.. sell, then BAM, they run it 200%, lol..
quote:Originally posted by IMAKEMONEY: COWARDS!!LOL
Rather be a live coward than a dead hero! Or, in pinke land, I'd rather be a get-richer-slow coward than a go-broke-quickly hero.
LOL!
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz) Posts: 719 | From: Leesburg, VA | Registered: Jul 2005
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quote:Originally posted by cactus33: I cant think of how many times in past i would give up after a month or two down 50%.. sell, then BAM, they run it 200%, lol..
Interesting point. The problem is that most those who bought, bought around that 200% mark (or higher), so holding would be practically fruitless for them anyhow.
Here's the math:
1. Buy at 0.01. 2. Sell at 50% loss (0.005). 3. Price continues to drop to, let's say .0035 and you rejoice that you sold. 4. Price goes up 200% from .0035 (0.0105).
If you held on instead of sold, your end profit is 5%. Of course, you could ahve said that you were smart enough to re-buy at .0035 and then you made some money back, or you waited to buy down there to begin with (and you made bank), however, I rarely catch exact (or close to) bottom like that.
I think the runs are nice, but how often have I hit them - extremely rare.
or someone to tell me that I need to learn to read a chart is ridiculous. I've watched RSI be below 30 for months, and months, and other indicators neutral (but not necessarily down) during that period, and the price continues to plummet in a free fall because of dilution, lies, naked shorting, or just MM manipulation.
Despite this negative post, I'm really not a hater of pennies, and actually see major potential in some. But the realist in me tells me that potential alone does little for them.
This is a game of power, and the big boys (aka MM, capiatal funding companies that take restricted stock for funds, etc.) have ALL the power and knowledge that will never be given to the investors down here in pinkie/otc land.
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz) Posts: 719 | From: Leesburg, VA | Registered: Jul 2005
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posted
I'm learning certain indicators are better used at certain times. and keeping a sharp eye out for reversals is a major factor during a run. a heavy bull run like i just saw with ucoi and sttc quickly turned bearish - i caught them both up top because of the rsi and the breaking of the upper bb with a long white candle. HOWEVER - many bull runs continue and run that bear right over. the rsi can't always be used and certainly not by itself - although most bull runs end when the rsi hits between 75 - 85 - goes back to your DD and how greedy you want to be and how much you trust what's happening to let it carry you. there's a lot more i'm learning but i'm getting there.
okay - i just read that again and will add - It only makes sense to me. - and really has nothing to do with fgfc
cheers
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
i understand you are discouraged, I dont blame you. this was taken down harder than i thought. but look at the charts.. they tell the story beyond 30 line and nuetral indicators. look at all the times that it hit the 30 line and bucked off it for a nice gain. early october, mid november, late december, and probably again soon, lol.. . You can see that it never sustained its run ever before it hit 50 rsi ceiling. weekly chart on this was useless b/c it has no trend.. flatliner on the weekly. so really it is all in the charts. looks like mm's ran it to before this news was coming, seems like routine business for them, sometimes its run before good news, but often times bad news as well, uncanny..
I played this a couple times, but was suspicious when I saw posters on other boards only post over ond over about this stock, and that goes for any stock out there. thats a red flag. Its the kool-aid effect, jim jones ghost.. did you see that article? it was dead on how it works. anyway, keep your head up, and good luck on whatever you do.
quote:Originally posted by cactus33: I cant think of how many times in past i would give up after a month or two down 50%.. sell, then BAM, they run it 200%, lol..
Interesting point. The problem is that most those who bought, bought around that 200% mark (or higher), so holding would be practically fruitless for them anyhow.
Here's the math:
1. Buy at 0.01. 2. Sell at 50% loss (0.005). 3. Price continues to drop to, let's say .0035 and you rejoice that you sold. 4. Price goes up 200% from .0035 (0.0105).
If you held on instead of sold, your end profit is 5%. Of course, you could ahve said that you were smart enough to re-buy at .0035 and then you made some money back, or you waited to buy down there to begin with (and you made bank), however, I rarely catch exact (or close to) bottom like that.
I think the runs are nice, but how often have I hit them - extremely rare.
or someone to tell me that I need to learn to read a chart is ridiculous. I've watched RSI be below 30 for months, and months, and other indicators neutral (but not necessarily down) during that period, and the price continues to plummet in a free fall because of dilution, lies, naked shorting, or just MM manipulation.
Despite this negative post, I'm really not a hater of pennies, and actually see major potential in some. But the realist in me tells me that potential alone does little for them.
This is a game of power, and the big boys (aka MM, capiatal funding companies that take restricted stock for funds, etc.) have ALL the power and knowledge that will never be given to the investors down here in pinkie/otc land.
quote:Originally posted by Uncle Smelly: This is a great post from another board that pretty much sumes it up in my opinion:
"" Coupled with the fact we've just not seen dilution and the OS is still well under 300Mill, which is fairly small for any pink."
Can't back you up on this one _____. Per their June pr's fgfc reduced the authorized to 152 million. They stated they were going to buy shares on the open market, and from "previous" owners to reduce the structure to 50 million total shares. That was the plan. In the meantime they claimed business was great and even made a cool million on a land flip. It is now 2007, and the TA reports 276 million shares outstanding after they have "retired" Hayters "100 million" shares. There is no buyback and there never was. All the shares you and me bought at .03 down to .01 were sold by FGFC insiders. While the "buyback" was underway, they slowly and methodically pushed the shares into the market.
Oh, and by the way the CEO who nobody can find info on has the exact same name as Hayter's district manager in Florida. And once the info was circulated around the boards, the company stopped issuing statements and the "ceo" resigned.
Nobody to take calls, nobody to return e-mails, no working phone numbers, a virtual office, and poorly written press releases - this was ,screaming scam, but you and I wouldn't listen. We got caught up in it, because we wanted it to be real. I broke my own golden rule of investing and got emotionally involved. It's over johnny, stick a fork in her - she's done."
I was kinda joking earlier about the waffle, but DUDE stop it. If I wanted to read posts from IHUB I'd go over there and read it.
All in all, it's speculation. There is very little to give us truthful information.
You think it's a scam? Great, good for you. The investor's here thank you so much for your flip flopping opinions. (Note: sarcasm)
Please dude, you lost money. You bought back in and when you sell it, you will lose money again. Too bad. You seem to trade on emotions. You want legit? Go somewhere else. This is the pinks, or didn't you see the sign on the door. It revolves, btw. Don't let it hit you on the way out.
Scam flam. Guess what......some of the best money to be made is to be made on scams. Get in, get out. Be happy with your percentage and don't look back.
Rant over. Back to regularly scheduled programing...
posted
I would almost be willing to spend the 20 bucks to see if they changed the AS.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
Interesting that the time stamp shows it was sent saturday january 06 2007 8:10 am. I live in Hawaii and that puts the sender +12 hours approx. The plot sickens
-------------------- The Chinese use the same symbol for disaster and opportunity. Posts: 211 | From: Haiku Maui | Registered: Feb 2006
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posted
looks like rosenman the waiter / ex-ceo or so rumor has it.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by MEMY SELFANDI: Hey guess what , I got a response from investor relations Dear Tom,
That is your decision; I can assure you the company will with stand up to any and all scrutiny.
Kindest Regards, Investor Relations FGFC
that is interesting. every email i have written and received a reply has someone's name attached with it. but then at least you got a reply. LOL - and that IP can be traced.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
A guy over at the hub posted this pic, I assume it is supposed to be abe rosenman. I find it interesting that an Abe Rosenman was located in Canana very recently and that he then resigned soon after that info was brought out.
I spoke to the t/a last week between snow storms there and the lady told me that they receive information from the company usually via fax to distribute shares into the market. I asked her what the a/s was and she admitted 500mm. I asked her where they receive the info and she said direct from the SOS of Delaware. She said that they couldnt issue more shares than what is in the a/s structure. I paid the 20 bucks to get the info from the sos a while back and it showed (i believe) 142mm. Maybe they are slow in updating their website, I dont know. I called the registered agent listed for fgfc and the lady there told me they were in good standings with delaware as well.
My opinion for what its worth is this. No info has come from the company for 6 weeks prior to yesterday. That allows alot of speculation. the bsm website is up and running albeit slowly. That tells me they are slowly making progress. They issued 30mm resticted shares to someone for something. They reduced the o/s by 80mm shares. They have issed 10mm shares since that previous reduction. At .004 that is 40,000 bucks. The resignation of the prez imo is a good thing until proven otherwise. Is this stock going to make us all rich? I doubt it but if they put out the audited financials or they reduce the os to 50mm this stock may give us, that held, an opportunity to regain some of our money. TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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If we are speculating, I agree with your assessment of the situation. Back in July when I first started looking at FGFC, the one reason I didn't want to get in while all around me were jumping on board was that I felt like the company was very slow at giving out information. It seems they have taken it a step down instead of the step up that we were all hoping for.
I do believe FGFC will have another run. My strategy is going to be get out will just a little bit of profit and sit back, and be happy this one didn't bring me down. This is not the "once in a lifetime" stock that runs through the pinks. However, there is money to be made here.
posted
Sally, I am only speculating because I have nothing else to go on but PR's and the little bit of info from the t/a. I will believe only the real items I can prove and trade accordingly. These are audited financials that come from reputable sources or a reduction of o/s. TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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quote:Originally posted by MEMY SELFANDI: Boo where do i find the IP address MEMY
there are various "who is" web sites out there that you can use. try samspade.org or http://whois.domaintools.com
You will more than likely only find out who they are using as a provider. They can be contacted but may take legal action for them to give it up. if you can view the header info you can put that into the search. if it was from a company like support*guardianfinancialcorp.com you would put that right in the search. or delete the part in front of the * sign. gets you closer to the source. and you can see who the registrant is. there are people way smarter than me in this area but it can be done.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
MIME-Version: 1.0 Received: from mta3.srv.hcvlny.cv.net ([167.206.4.198]) by bay0-mc4-f5.bay0.hotmail.com with Microsoft SMTPSVC(6.0.3790.2444); Sat, 6 Jan 2007 00:10:54 -0800 Received: from 1050A33921534E2 (ool-18b93430.dyn.optonline.net [24.185.52.48]) by mta3.srv.hcvlny.cv.net (Sun Java System Messaging Server 6.2-6.01 (built Apr 3 2006)) with ESMTP id <0JBF00HJATE1OYQ0*mta3.srv.hcvlny.cv.net> for belly225*hotmail.com; Sat, 06 Jan 2007 03:10:53 -0500 (EST) X-Message-Info: LsUYwwHHNt0KAUCKIO3TU8DIFOGO9/caknUJaR6rzPM= X-MIMEOLE: Produced By Microsoft MimeOLE V6.00.2900.3028 X-Mailer: Microsoft Office Outlook 11 Thread-index: Accw/275RjYIhc4KRr+jkD3h1x5G2AAanUeA Return-Path: investor.relations*guardianfinancialcorp.com X-OriginalArrivalTime: 06 Jan 2007 08:10:54.0332 (UTC) FILETIME=[2FE723C0:01C7316A]
-------------------- The Chinese use the same symbol for disaster and opportunity. Posts: 211 | From: Haiku Maui | Registered: Feb 2006
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posted
From the ip address 167.206.4.198 this is what i have... you should be able to contact the provider by phone or e-mail and they should be able to tell you who they are. if it is spoofed who knows where it's from.
quote:Originally posted by MEMY SELFANDI: MIME-Version: 1.0 Received: from mta3.srv.hcvlny.cv.net ([167.206.4.198]) by bay0-mc4-f5.bay0.hotmail.com with Microsoft SMTPSVC(6.0.3790.2444); Sat, 6 Jan 2007 00:10:54 -0800 Received: from 1050A33921534E2 (ool-18b93430.dyn.optonline.net [24.185.52.48]) by mta3.srv.hcvlny.cv.net (Sun Java System Messaging Server 6.2-6.01 (built Apr 3 2006)) with ESMTP id <0JBF00HJATE1OYQ0*mta3.srv.hcvlny.cv.net> for belly225*hotmail.com; Sat, 06 Jan 2007 03:10:53 -0500 (EST) X-Message-Info: LsUYwwHHNt0KAUCKIO3TU8DIFOGO9/caknUJaR6rzPM= X-MIMEOLE: Produced By Microsoft MimeOLE V6.00.2900.3028 X-Mailer: Microsoft Office Outlook 11 Thread-index: Accw/275RjYIhc4KRr+jkD3h1x5G2AAanUeA Return-Path: investor.relations*guardianfinancialcorp.com X-OriginalArrivalTime: 06 Jan 2007 08:10:54.0332 (UTC) FILETIME=[2FE723C0:01C7316A]
IP Address : 167.206.4.198 [ mta3.srv.hcvlny.cv.net ] ISP : Cablevision Systems Corp. Organization : Cablevision Location : US, United States City : Hicksville, NY 11801 Latitude : 40°76'70" North Longitude : 73°52'54" West
OrgName: Cablevision Systems Corp. OrgID: CVNT Address: 1111 Stewart Avenue City: Bethpage StateProv: NY PostalCode: 11714 Country: US
OrgTechHandle: CIO1-ARIN OrgTechName: Cablevision Internet Operations OrgTechPhone: +1-516-390-5480 OrgTechEmail: inetops*cv.net
# ARIN WHOIS database, last updated 2007-01-06 19:10 # Enter ? for additional hints on searching ARIN's WHOIS database.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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