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#1576 2012-05-16 17:25:37

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



GNCC Capital, Inc. (GNCP)

Moderators:SevenTenEleven, Rocket Man, digger1, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=3731



North American Gold & Minerals Fund (NMGL)

Moderators:AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/North-American-Gold-&-Minerals-Fund-NMGL-16265/




ASPA Gold Corp. (RENS)

Moderators:SevenTenEleven, Rocket Man

http://investorshub.advfn.com/ASPA-Gold-Corp-RENS-19309/




SevenTenEleven 

Wednesday, May 16, 2012 12:01:10 AM

Re: RoadLessTraveled post# 200218

Post # of 200295

Thanks again for the DD!

Continued confirmation that there is nothing filed by the company NOR by the SEC to support fantasy claims of the dividend process being canceled!

SEC and the Company both warn of anonymous claims!

Good Luck!



charlie0530 

Wednesday, May 16, 2012 2:21:31 AM

Re: None

Post # of 200296

Brad S..that wasn't a very nice name you called me in that PM. You must be really stressed out about something.

YUP! Waitin' for my divi.



wrenchman 

Wednesday, May 16, 2012 5:41:20 AM

Re: A deleted message

Post # of 200296

You are late to the party and no training to someone who does not own shares we all have better things to do,so looks like you will have to teach yourself.SORRY!!!GO FFGO!!!![/u]



SevenTenEleven 

Wednesday, May 16, 2012 9:55:54 AM

Re: RoadLessTraveled post# 200218

Post # of 200296

Neither the company NOR the SEC has announced, nor will they ever announce, that the dividend process has been or will ever be canceled! - RoadLessTraveled

Thanks for the DD!

Good to know that the dividend process has not been, and will not be canceled, by the SEC or the COMPANY!

Good Luck!



paunch13   

Wednesday, May 16, 2012 10:07:03 AM

Re: SevenTenEleven post# 200230

Post # of 200296

Seven
That is always good to know that the divis has not been canceled
Have you any idea as to how much longer it will be before we receive our divis?
John



SevenTenEleven 

Wednesday, May 16, 2012 10:21:58 AM

Re: paunch13 post# 200231

Post # of 200296

John, I am patiently waiting with the rest of the principle shareholders, the large shareholders, and the smaller shareholders.

The company made it very clear that the dividend process could take a year or longer to bring to completion. They also warned shareholders of anonymous claims against what has been reported to the SEC in the Form 8-K's. The SEC has also warned investors of the same.

Looking forward to our patience paying off.

Will be well worth the wait and the rest of the challenges we have endured.

Good Luck!



Lebron23   

Wednesday, May 16, 2012 10:34:13 AM

Re: puppydotcom post# 200217

Post # of 200296

Quote:
--------------------------------------------------------------------------------
and who will liquidate its business affairs?
--------------------------------------------------------------------------------


Wow, that's an easy question to answer. I think the insiders who own millions and millions of shares have an interest in that.



SevenTenEleven 

Wednesday, May 16, 2012 10:44:25 AM

Re: AlanC post# 200209

Post # of 200296

If the regulators would force shorts to cover as is stated in the FINRA rules and regulations, the PPS would easily move to $1 or more. If everyone insisted on $1 or more per share, that is where they would be forced to cover and close out their illegal positions. Until then, they will continue to solicit shareholders to take 100% losses on write downs. Watch for the call from ones' broker to attempt to convince shareholders to allow the broker to remove the risk and the markers from their books.



SevenTenEleven 

Wednesday, May 16, 2012 10:47:43 AM

Re: alien42 post# 200242

Post # of 200296

indeed, those who are claiming the dividend is in process when it was never even declared flies in the face of the 8Ks. - alien42

Of course the dividend process was set in motion. The Company made it very clear in communications with shareholders and in their Form 8-K filings.

NO ONE has ever claimed that the dividend has been declared. The assets that will become the dividend are sitting safely at WD.

Hope that helps!

Good Luck!



SevenTenEleven 

Wednesday, May 16, 2012 10:51:13 AM

Re: alien42 post# 200244

Post # of 200296

Of course there is a short position here. Market makers are in very very deep with their logarithms and their loopholes. They continue to expend effort to prevent ROI for shareholders and principles alike.

If there wasn't a massive short position, they wouldn't be trying to negotiate with the principles to "kill" the deal.

if they weren't short, then there would be no downside for them when shareholders are paid.

Good Luck!



Lebron23   

Wednesday, May 16, 2012 10:52:16 AM

Re: RoadLessTraveled post# 200218

Post # of 200296

Quote:
--------------------------------------------------------------------------------
FFGO filling the Super 8-K

Can you please explain how a revoked company files any kind of 8-K when the SEC no longer recognizes it as a legal entity?
--------------------------------------------------------------------------------


Another easy question: NMGL will be filing the Super 8-K. Not FFGO.



Lebron23   

Wednesday, May 16, 2012 10:53:34 AM

Re: Lebron23 post# 200247

Post # of 200296

SevenTenEleven, not that FFGO will be filing the Super 8-K (NMGL will be); but didn't you find out that a revoked company can still file 8-K's?



SevenTenEleven 

Wednesday, May 16, 2012 10:56:13 AM

Re: alien42 post# 200245

Post # of 200296

fantastic, that means you are stating that a company revoked by the SEC and dissolved in the state of incorporation is able to declare a dividend. - alien42

I would encourage shareholders to write FINRA. FINRA will make it very clear that the State of Incorporation's statutes govern what a company can and can't do, ALWAYS!

State of Wyoming statutes appear to protect any planned asset distributions to shareholders. This has been posted and addressed a number of times.

The preferred shares that are sitting safely with WD, are an asset that has been planned to be distributed to shareholders. Which means, this asset will be allowed to be distributed to shareholders.

I really hope that this helps, this time.

Good Luck!



SevenTenEleven 

Wednesday, May 16, 2012 11:04:22 AM

Re: Lebron23 post# 200248

Post # of 200296

According to my broker, revoked stocks may be allowed to distribute a dividend or assets to shareholders. The broker would be notified, by the DTCC, regarding the record date and payment date, if the company was allowed to distribute it. Key in the process is FINRA's stance that the state of incorporation will govern what the company will and will not be allowed to do.

I will stick with FINRA's communication vs. that of other sources.

Tic Toc



Lebron23   

Wednesday, May 16, 2012 11:09:55 AM

Re: RoadLessTraveled post# 200218

Post # of 200296

Quote:
--------------------------------------------------------------------------------
Can you please explain how a revoked company files any kind of 8-K when the SEC no longer recognizes it as a legal entity?
--------------------------------------------------------------------------------


FFGO is not trading. That does not mean that the "SEC no longer recognizes it as a legal entity".



SevenTenEleven 

Wednesday, May 16, 2012 11:16:52 AM

Re: Lebron23 post# 200255

Post # of 200296

Maybe instead of FFGO, I should start using 34958T107, since that is what represents the shares I own in my account(s).

Only way naked short sellers could cover and close out those markers is if shareholders ask for brokers to remove them from their accounts.

US Treasury is definitely not happy with profits from naked short selling going off-shore, while American tax paying shareholders are taking tax losses.

Tic Toc



SevenTenEleven 

Wednesday, May 16, 2012 11:22:12 AM

Re: alien42 post# 200257

Post # of 200296

i would encourage the same. FINRA will not approve a dividend in a revoked scam like FFGO and the state of incorporation has nothing to do with it. - alien42

Looking forward to an email from FINRA confirming that the state of incorporation's laws do not govern what a company can or cannot do, ALWAYS!

I have an email, or three, from them, stating quite the opposite. They made it very clear that the state of incorporation will be what governs what FFGO will be able to do.

Will be waiting for an official response from FINRA that contradicts what they have already shared.

Good Luck!



SevenTenEleven

Wednesday, May 16, 2012 11:24:05 AM

Re: medchal post# 200259

Post # of 200296

34958T107 - Shares are sitting safely in my brokerage account(s). Those shares will not be written down ahead of a 3449% ROI, or more, in asset distribution.

Looking forward to shareholders being paid! Shareholders have endured much on their journey to their ROI.

Good Luck!



Lebron23   

Wednesday, May 16, 2012 11:29:20 AM

Re: SevenTenEleven post# 200261

Post # of 200296

In my Schwab accounts, it's still "FFGO".



SevenTenEleven 

Wednesday, May 16, 2012 11:36:55 AM

Re: medchal post# 200263

Post # of 200296

I don't believe anyone but you cares about that, although your broker may have some ideas about it in the distant future. - medchal

So my broker could remove my shares from my account without my approval, forcing me to take tax write-offs ahead of a 3449% dividend payout?

Love to see them legally try to do that. They are already in trouble with not being able to deliver other shares of securities they have naked short sold.

Good Luck!



AlanC

Wednesday, May 16, 2012 11:41:01 AM

Re: SevenTenEleven post# 200264

Post # of 200296

There is definitely gold in them thar hills:
http://www.americanbonanza.com/s/Home.asp
Our neighbor is producing and selling gold.
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



SevenTenEleven

Wednesday, May 16, 2012 11:45:07 AM

Re: AlanC post# 200266

Post # of 200296

AlanC, Yes there is GOLD in the ground. That is what the illegal naked short sellers are concerned about.

Tic Toc



SevenTenEleven 

Wednesday, May 16, 2012 11:52:49 AM

Re: medchal post# 200269

Post # of 200296

What a California Court has ruled in another situation will likely discourage retail brokers from continued illegal behavior.

Looking forward to 3449% ROI!

Good Luck!



SevenTenEleven 

Wednesday, May 16, 2012 11:58:41 AM

Re: medchal post# 200271

Post # of 200296

Sorry! My broker has two options regarding my shares.

1) He either delivers a certificate to back up what I purchased from him, or...

2) he pays me a negotiated price to close out my position(s) he sold me.

Otherwise, he just sits there quietly and patiently awaiting the 3449% asset distribution.



Quote:
--------------------------------------------------------------------------------
We're not discussing illegal behavior, and in fact, I'm done, for now, discussing the obsessive belief in a fantasy dividend. You look forward to whatever you wish, and good luck to you.
--------------------------------------------------------------------------------



Good Luck!




AlanC

Wednesday, May 16, 2012 12:02:16 PM

Re: medchal post# 200269

Post # of 200296

To those who are having shares removed from your accounts I suggest you contact your brokerage firms and quote this FINRA rule which prevents removal without your authorization. This happened to me earlier this month with BCIT shares and those shares are now back in my account.
The brokerage firm is no doubt swimming naked and by removing shares is reducing potential liability all the while knowing some folks will not notice or complain.

Certain types of conduct in the securities industry are prohibited, including the following:

Removing funds or securities from a customer's account without the customer's prior authorization.

http://www.finra.org/Investors/ProtectYourself/BeforeYouInvest/ProhibitedConduct/



SevenTenEleven 

Wednesday, May 16, 2012 1:01:13 PM

Re: puppydotcom post# 200282

Post # of 200296

Brokers will continue to defend their illegal marker positions for FFGO and for other OTC stocks that they sold shares that did not have certs to back them with. No problem. A broker attempting to remove my position from my account, without my approval, will legally have 2 options.

1) Deliver my shares in certificate form, or

2) Pay me $1 per share for my position.

The key here is ILLEGAL NAKED SHORT POSITION!

Good Luck!



SevenTenEleven 

Wednesday, May 16, 2012 1:03:32 PM

Re: puppydotcom post# 200284

Post # of 200296

Sorry, once again 100% wrong

2) he pays me a negotiated price to close out my position(s) he sold me.

the broker has ZERO responsibility to pay share holders anything on revoked stocks ... - puppydotcom


Quote:
--------------------------------------------------------------------------------
The SEC may revoke the registration of stocks. In some circumstances, the SEC may revoke the registration of a defunct company's stock pursuant to Section 12(j) of the Exchange Act. Under Section 12(j), the SEC is authorized to revoke the registration of a security if it fails to comply with the federal securities laws. No broker-dealer may execute any trades in stocks whose registration has been revoked pursuant to Section 12(j).
--------------------------------------------------------------------------------

http://www.sec.gov/answers/dfnctco.htm

Sorry, but a court ruling in California recently disagrees with that statement.

Nothing like having the brokers over the barrel for FFGO and for many other OTC securities.

Good Luck!



Lebron23   

Wednesday, May 16, 2012 10:42:14 AM

Re: None

Post # of 1412

3rd paragraph of Mission Statement is interesting (in bold)
A BRIEF MISSION STATEMENT:

GNCC Capital, Inc. (“the Company”) is initially focused on its three Gold and its three Silver Mining & Exploration Projects in Arizona, USA. The ratio is currently weighted at circa 80% Gold and 20% Silver.

The Company is committed to expenditure on these six Projects through extensive exploration work. The Company is seeking to prove up reserves on these Properties through Geological Survey, employment of two full time Geologists and through a substantial number of carefully measured and planned drilling programs.

The Company is not looking to “go mining” with all of the attendant problems associated therewith but to add value through extensive exploration work and then to either (a) dispose of properties for cash (b) contract the mining of the properties to a third party or (c) to Joint Venture with a Mining Company to mine properties in the Company’s portfolio.

The Company is seeking to expand its portfolio through acquisitions and increasing the size of its claim blocks at certain Projects within the portfolio. The Directors and certain shareholders in the Company have interests in other areas of minerals, namely Coal, Iron Ore, Copper and Rare Earths; as well as in Gold and silver. These interests are primarily in the United States and in Africa.

The Company’s existing and initial portfolio of six Gold & Silver Mining Properties were very carefully selected due to their outstanding characteristics as Exploration Properties coupled with Management’s belief that it can rapidly and inexpensively drill out a “Resource Base”; whilst maintaining the vital “Blue Sky” potential currently being aggressively sought as acquisitions or as Joint Venture opportunities by the Major Global Mining Corporations.



maddog gene   

Wednesday, May 16, 2012 2:33:51 PM

Re: None

Post # of 1412

low price..great to pick up or avg down..further great news coming!!



SevenTenEleven 

Wednesday, May 16, 2012 6:52:07 PM

Re: lucvuillermoz post# 200295

Post # of 200302

Correct! The preferreds have been delivered to WD, per NMGL's Form 8-K filing, and are awaiting terms to be met in order to be distributed to shareholders.

Good Luck!




Lebron23   

Wednesday, May 16, 2012 6:58:30 PM

Re: Lebron23 post# 193663

Post # of 200302

NMGL will file the Super 8-K
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71254928

Doesn't NMGL do all the work as far as the Dividend?:

This Dividend will not be declared until NMGL has (a) acquired the balance of the Bouse Gold, Inc. shares of common stock giving them 100% ownership of Bouse Gold, Inc. through the issue of additional NMGL Preferred Series “A” shares (b) acquired the balance of the South Copperstone, Inc. shares of common stock giving them 100% ownership of South Copperstone, Inc. through the issue of additional NMGL Preferred Series “B” shares (c) audited both Bouse Gold, Inc. and South Copperstone, Inc. (d) NMGL will be required to file a “Super Form 8-K with SEC upon their obtaining control of both Bouse Gold, Inc. and South Copperstone, Inc. (e) filed a Registration Statement with the SEC in respect of the NMGL Preferred Series “A” and Series “B” shares (f) such Registration Statement has become effective (g) obtained a CUSIP Number and a Trading Symbol for both the NMGL Preferred Series “A” and the Series “B” shares and (h) admitted the NMGL Preferred Series “A” and Series “B” shares for trading on a recognized exchange.

NMGL has set these “ground rules” as stated above and they are not negotiable. NMGL refuses to enter into any discussions or debates of whatsoever nature in respect of these transactions, as is their right.




Lebron23   

Wednesday, May 16, 2012 7:40:57 PM

Re: puppydotcom post# 200299

Post # of 200302

Don't be so hung up on FFGO. Dividend will come from NMGL.
Everyone knows that FFGO has been liquidated. Hence, the term:
LIQUIDATING DIVIDEND
So, nobody needs to get all excited about the FFGO website being down, or FFGO's business license, etc. It doesn't matter.
NMGL is the ticket.



AlanC

Wednesday, May 16, 2012 8:50:59 PM

Re: Lebron23 post# 1413

Post # of 1414

FINRA short sales for GNCP

20120516|GNCP|112000|0|150000|O

74.6% of volume today was short sales!
Go GNCP!!!



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-16 21:51:51)

Offline

 

#1577 2012-05-16 21:28:51

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

DD Support Board and Fraud Research Team

The Fraudulent Board  aka

Moderator:nodummyAssistants:scion, janice shell, Cassandra, Renee, slojab, SRV-90


http://investorshub.advfn.com/DD-Support-Board-and-Fraud-Research-Team-19670/




SevenTenEleven 

Wednesday, May 16, 2012 5:52:15 PM

Re: janice shell post# 25652

Post # of 25681

So Patrick Byrne is still a loon, and is still making things up about the fraud committed by the banks and brokers?

In this case, that resulted in absurdities like the following disclosure in this document, in which a Goldman executive admits in a 2006 email that just a little bit too much trading in Overstock was going on: “Two months ago 107% of the floating was short!”

In other words, 107% of all Overstock shares available for trade were short – a physical impossibility, unless someone was somehow creating artificial supply in the stock.


Read more: http://www.rollingstone.com/politics/blogs/taibblog/accidentally-released-and-incredibly-embarrassing-documents-show-how-goldman-et-al-engaged-in-naked-short-selling-20120515#ixzz1v4Vz52Xu

Strange that none of the 107% shorted interest, shorted by Goldman ALONE, was not showing up on the monthly short interest reports. Very strange!


Accidentally Released - and Incredibly Embarrassing - Documents Show How Goldman et al Engaged in 'Naked Short Selling'
POSTED: May 15, 5:39 PM ET

Comment122

AP Photo/Douglas C. PizacIt doesn’t happen often, but sometimes God smiles on us. Last week, he smiled on investigative reporters everywhere, when the lawyers for Goldman, Sachs slipped on one whopper of a legal banana peel, inadvertently delivering some of the bank’s darker secrets into the hands of the public.

The lawyers for Goldman and Bank of America/Merrill Lynch have been involved in a legal battle for some time – primarily with the retail giant Overstock.com, but also with Rolling Stone, the Economist, Bloomberg, and the New York Times. The banks have been fighting us to keep sealed certain documents that surfaced in the discovery process of an ultimately unsuccessful lawsuit filed by Overstock against the banks.

Last week, in response to an Overstock.com motion to unseal certain documents, the banks’ lawyers, apparently accidentally, filed an unredacted version of Overstock’s motion as an exhibit in their declaration of opposition to that motion. In doing so, they inadvertently entered into the public record a sort of greatest-hits selection of the very material they’ve been fighting for years to keep sealed.

I contacted Morgan Lewis, the firm that represents Goldman in this matter, earlier today, but they haven’t commented as of yet. I wonder if the poor lawyer who FUBARred this thing has already had his organs harvested; his panic is almost palpable in the air. It is both terrible and hilarious to contemplate. The bank has spent a fortune in legal fees trying to keep this material out of the public eye, and here one of their own lawyers goes and dumps it out on the street.

The lawsuit between Overstock and the banks concerned a phenomenon called naked short-selling, a kind of high-finance counterfeiting that, especially prior to the introduction of new regulations in 2008, short-sellers could use to artificially depress the value of the stocks they’ve bet against. The subject of naked short-selling is a) highly technical, and b) very controversial on Wall Street, with many pundits in the financial press for years treating the phenomenon as the stuff of myths and conspiracy theories.

Now, however, through the magic of this unredacted document, the public will be able to see for itself what the banks’ attitudes are not just toward the “mythical” practice of naked short selling (hint: they volubly confess to the activity, in writing), but toward regulations and laws in general.

“f**k the compliance area – procedures, schmecedures,” chirps Peter Melz, former president of Merrill Lynch Professional Clearing Corp. (a.k.a. Merrill Pro), when a subordinate worries about the company failing to comply with the rules governing short sales.

We also find out here how Wall Street professionals manipulated public opinion by buying off and/or intimidating experts in their respective fields. In one email made public in this document, a lobbyist for SIFMA, the Securities Industry and Financial Markets Association, tells a Goldman executive how to engage an expert who otherwise would go work for “our more powerful enemies,” i.e. would work with Overstock on the company’s lawsuit.

“He should be someone we can work with, especially if he sees that cooperation results in resources, both data and funding,” the lobbyist writes, “while resistance results in isolation.”

There are even more troubling passages, some of which should raise a few eyebrows, in light of former Goldman executive Greg Smith's recent public resignation, in which he complained that the firm routinely screwed its own clients and denigrated them (by calling them "Muppets," among other things).

Here, the plaintiff’s motion refers to an “exhibit 96,” which refers to “an email from [Goldman executive] John Masterson that sends nonpublic data concerning customer short positions in Overstock and four other hard-to-borrow stocks to Maverick Capital, a large hedge fund that sells stocks short.”

Was Goldman really disclosing “nonpublic data concerning customer short positions” to its big hedge fund clients? That would be something its smaller, “Muppet” customers would probably want to hear about.

When I contacted Goldman and asked if it was true that Masterson had shared nonpublic customer information with a big hedge fund client, their spokesperson Michael Duvally offered this explanation:

Among other services it provides, Securities Lending at Goldman provides market color information to clients regarding various activity in the securities lending marketplace on a security specific or sector specific basis.  In accordance with the group's guidelines concerning the provision of market color, Mr. Masterson provided a client with certain aggregate information regarding short balances in certain securities.  The information did not contain reference to any particular clients' short positions.

You can draw your own conclusions from that answer, but it's safe to say we'd like to hear more about these practices.

Anyway, the document is full of other interesting disclosures. Among the more compelling is the specter of executives from numerous companies admitting openly to engaging in naked short selling, a practice that, again, was often dismissed as mythical or unimportant.

A quick primer on what naked short selling is. First of all, short selling, which is a completely legal and often beneficial activity, is when an investor bets that the value of a stock will decline. You do this by first borrowing and then selling the stock at its current price, then returning the stock to your original lender after the price has gone down. You then earn a profit on the difference between the original price and the new, lower price.

What matters here is the technical issue of how you borrow the stock. Typically, if you’re a hedge fund and you want to short a company, you go to some big-shot investment bank like Goldman or Morgan Stanley and place the order. They then go out into the world, find the shares of the stock you want to short, borrow them for you, then physically settle the trade later.

But sometimes it’s not easy to find those shares to borrow. Sometimes the shares are controlled by investors who might have no interest in lending them out. Sometimes there’s such scarcity of borrowable shares that banks/brokers like Goldman have to pay a fee just to borrow the stock.

These hard-to-borrow stocks, stocks that cost money to borrow, are called negative rebate stocks. In some cases, these negative rebate stocks cost so much just to borrow that a short-seller would need to see a real price drop of 35 percent in the stock just to break even. So how do you short a stock when you can’t find shares to borrow? Well, one solution is, you don’t even bother to borrow them. And then, when the trade is done, you don’t bother to deliver them. You just do the trade anyway without physically locating the stock.

Thus in this document we have another former Merrill Pro president, Thomas Tranfaglia, saying in a 2005 email: “We are NOT borrowing negatives… I have made that clear from the beginning. Why would we want to borrow them? We want to fail them.”

Trafaglia, in other words, didn’t want to bother paying the high cost of borrowing “negative rebate” stocks. Instead, he preferred to just sell stock he didn’t actually possess. That is what is meant by, “We want to fail them.” Trafaglia was talking about creating “fails” or “failed trades,” which is what happens when you don’t actually locate and borrow the stock within the time the law allows for trades to be settled.

If this sounds complicated, just focus on this: naked short selling, in essence, is selling stock you do not have. If you don’t have to actually locate and borrow stock before you short it, you’re creating an artificial supply of stock shares.

In this case, that resulted in absurdities like the following disclosure in this document, in which a Goldman executive admits in a 2006 email that just a little bit too much trading in Overstock was going on: “Two months ago 107% of the floating was short!”

In other words, 107% of all Overstock shares available for trade were short – a physical impossibility, unless someone was somehow creating artificial supply in the stock.

Goldman clearly knew there was a discrepancy between what it was telling regulators, and what it was actually doing. “We have to be careful not to link locates to fails [because] we have told the regulators we can’t,” one executive is quoted as saying, in the document.

One of the companies Goldman used to facilitate these trades was called SBA Trading, whose chief, Scott Arenstein, was fined $3.6 million in 2007 by the former American Stock Exchange for naked short selling.

The process of how banks circumvented federal clearing regulations is highly technical and incredibly difficult to follow. These companies were using obscure loopholes in regulations that allowed them to short companies by trading in shadows, or echoes, of real shares in their stock. They manipulated rules to avoid having to disclose these “failed” trades to regulators.

The import of this is that it made it cheaper and easier to bet down the value of a stock, while simultaneously devaluing the same stock by adding fake supply. This makes it easier to make money by destroying value, and is another example of how the over-financialization of the economy makes real, job-creating growth more difficult.

In any case, this document all by itself shows numerous executives from companies like Goldman Sachs Execution and Clearing (GSEC) and Merrill Pro talking about a conscious strategy of “failing” trades – in other words, not bothering to locate, borrow, and deliver stock within the time alotted for legal settlement. For instance, in one email, GSEC tells a client, Wolverine Trading, “We will let you fail.”

More damning is an email from a Goldman, Sachs hedge fund client, who remarked that when wanting to “short an impossible name and fully expecting not to receive it” he would then be “shocked to learn that [Goldman’s representative] could get it for us.”

Meaning: when an experienced hedge funder wanted to trade a very hard-to-find stock, he was continually surprised to find that Goldman, magically, could locate the stock. Obviously, it is not hard to locate a stock if you’re just saying you located it, without really doing it.

As a hilarious side-note: when I contacted Goldman about this story, they couldn't resist using their usual P.R. playbook. In this case, Goldman hastened to point out that Overstock lost this lawsuit (it was dismissed because of a jurisdictional issue), and then had this to say about Overstock:

Overstock pursued the lawsuit as part of its longstanding self-described "Jihad" designed to distract attention from its own failure to meet its projected growth and profitability goals and the resulting sharp drop in its stock price during the 2005-2006 period.


Good old Goldman -- they can't answer any criticism without describing their critics as losers, conspiracy theorists, or, most frequently, both. Incidentally, Overstock rebounded from the  2005-2006 short attack to become a profitable company again, during the same period when Goldman was needing hundreds of billions of dollars in emergency Fed lending and federal bailouts to stave off extinction.

Anyway, this galactic screwup by usually-slick banker lawyers gives us a rare peek into the internal mindset of these companies, and their attitude toward regulations, the markets, even their own clients. The fact that they wanted to keep all of this information sealed is not surprising, since it’s incredibly embarrassing stuff, if you understand the context.

More to come: until then, here’s the motion, and pay particular attention to pages 14-19.

UPDATE: Well, I guess I shouldn't feel too badly for the lawyer who stepped on this land mine. For Morgan Lewis counsel Joe Floren, karma, it seems, really is a bitch.           



Read more: http://www.rollingstone.com/politics/blogs/taibblog/accidentally-released-and-incredibly-embarrassing-documents-show-how-goldman-et-al-engaged-in-naked-short-selling-20120515#ixzz1v5f4RvSR



janice shell 

Wednesday, May 16, 2012 5:59:05 PM

Re: SevenTenEleven post# 25657

Post # of 25681

"The floating"?? What is "the floating"??

It's been known forever that options market makers were shorting OSTK stock naked as a hedge. At that time they had a legitimate exemption allowing them to do so. When the SEC removed it, they covered.

What's interesting about the documents in question is that the brokerages and the MMs were angry about what was going on; they didn't like it one bit. That kind of puts paid to any theory holding that the practice was common.

And of course now OSTK is in the toilet. Why? Because it's a badly run company.



medchal   

Wednesday, May 16, 2012 6:00:13 PM

Re: SevenTenEleven post# 25657

Post # of 25681

"So Patrick Byrne is still a loon, and is still making things up about the fraud committed by the banks and brokers?"  Yep, pretty much!

It's interesting to read all that stuff about some of Goldman's nefarious trading activity, but none of it had anything much to do with the swan dive of Overstock's share price, which was supposedly the origin of the damages asked for in the lawsuit.  Only a loon spends millions of his stockholders' money pursing illicit activity for the sole purpose of cementing his Hero status among the ignoranti.




janice shell 

Wednesday, May 16, 2012 6:01:23 PM

Re: SevenTenEleven post# 25657

Post # of 25681

Strange that none of the 107% shorted interest, shorted by Goldman ALONE, was not showing up on the monthly short interest reports. Very strange!

Are you sure about that? I think you're wrong. OSTK was most definitely on the Reg SHO list. For a very long time.



SevenTenEleven 

Wednesday, May 16, 2012 6:03:09 PM

Re: janice shell post# 25658

Post # of 25681

"The floating"?? What is "the floating"??

It's been known forever that options market makers were shorting OSTK stock naked as a hedge. At that time they had a legitimate exemption allowing them to do so. When the SEC removed it, they covered.

What's interesting about the documents in question is that the brokerages and the MMs were angry about what was going on; they didn't like it one bit. That kind of puts paid to any theory holding that the practice was common.

And of course now OSTK is in the toilet. Why? Because it's a badly run company. - janice shell

Maybe someone could give the author a grammar lesson. Who cares if he typed "floating" instead of "float". Not the issue. But a decent diversion.

The documents do not appear to support claims that the shorting was the result of a hedge. Looks like fraud committed by the banks and brokers will become more transparent.

**********************************************************************************************************************************

SevenTenEleven 

Wednesday, May 16, 2012 6:04:56 PM

Re: medchal post# 25659

Post # of 25681

It's interesting to read all that stuff about some of Goldman's nefarious trading activity, but none of it had anything much to do with the swan dive of Overstock's share price, which was supposedly the origin of the damages asked for in the lawsuit. Only a loon spends millions of his stockholders' money pursing illicit activity for the sole purpose of cementing his Hero status among the ignorant. - medchal

*****Sure sounds like something Gary Weiss would be posting on his blog.**********************************************************************

Good Luck!

**********************************************************************************************************************************

Risicare 

Wednesday, May 16, 2012 6:08:43 PM

Re: medchal post# 25659

Post # of 25681

Just waiting for the day whacky patty takes over a pinkie shell. No better fit could be found.




janice shell 

Wednesday, May 16, 2012 6:11:14 PM

Re: SevenTenEleven post# 25662

Post # of 25681

You posted that stuff about the short interest being 107% of the float as if it were some kind of revelation. I'm afraid it isn't.

Check out this Motley Fool thread from 2006, titled: "Overstock Short Interest 107% of Float"...

http://boards.fool.com/overstock-short-interest-107-of-float-23882692.aspx?sort=whole

Soooo... Obviously short interest was being reported, contrary to your earlier assertion.



SevenTenEleven 

Wednesday, May 16, 2012 6:15:20 PM

Re: janice shell post# 25667

Post # of 25681

Overstock CEO Patrick Byrne said, "The decimal is not misplaced -- we have cracked the speed of light. It is my understanding that some shareholders (e.g., pension funds) might have asked that their shares not be made available to shorts, thus reducing the 8.97 million shares the DTCC has available for lending. I also understand that the 9.58 million stated short interest does not include failed-to-deliver short sales, failed-to-deliver long sales, another category that the DTCC now cryptically calls, 'open positions,' or lending outside the DTCC (i.e., 'ex-clearing'), which only two guys on Staten Island understand. Thus the real ratio is anyone's guess, but it's somewhere between 107% and infinity. On a positive note, the DTCC continues to maintain that their Stock Borrow Program does not permit the creation of new or counterfeit shares: I think that's good, because otherwise this situation could be getting out of control."

Short interest reports do not state that the short interest is 107% of the float. It states short interest of the O/S from what I understand. Pat Byrne is stating that the 107% is based upon the float. Some of the float was not borrowable.




janice shell 

Wednesday, May 16, 2012 6:19:29 PM

Re: SevenTenEleven post# 25669

Post # of 25681

My point was that the information in question was available, and known to many people, back in 2006.

Bryne's statement makes no sense, but there's nothing new about that.



janice shell 

Wednesday, May 16, 2012 8:29:47 PM

Re: SRV-90 post# 25673

Post # of 25681

It actually got thrown out on jurisdiction. Evidently OSTK is either appealing, or bringing a new suit, or both. It isn't clear, like so much about OSTK.



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-16 21:52:39)

Offline

 

#1578 2012-05-17 01:16:58

TheL1Ranger!
Member
From: The BIG Island of Hawaii
Registered: 2009-05-24
Posts: 15
Website

Re: Is this the company that will take the Naked Shortman down?

*C-O-N-G-R-A-T-U-L-A-T-I-O-N-S* Deep Capture!!!

Accidentally Released - and Incredibly Embarrassing - Documents Show How Goldman et al Engaged in Naked Short Selling wrote:

The lawsuit between Overstock and the banks concerned a phenomenon called naked short-selling, a kind of high-finance counterfeiting that, especially prior to the introduction of new regulations in 2008, short-sellers could use to artificially depress the value of the stocks they’ve bet against. The subject of naked short-selling is a) highly technical, and b) very controversial on Wall Street, with many pundits in the financial press for years treating the phenomenon as the stuff of myths and conspiracy theories..

Source: Accidentally Released - and Incredibly Embarrassing - Documents Show How Goldman et al Engaged in Naked Short Selling

Offline

 

#1579 2012-05-17 17:08:11

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



GNCC Capital, Inc. (GNCP)

Moderators:SevenTenEleven, Rocket Man, digger1, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=3731




TheL1Ranger!

Good to see you back at DC.



laodiekanzhang   

Thursday, May 17, 2012 1:27:42 AM

Re: jeromen post# 200304

Post # of 200338

Quote:
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

Ok, lets go! Lets pull together and go after these people, I'm down and I'm sure there are plenty others here that are too.

What can we do?

only wait .


LAMBSHIFT   

Thursday, May 17, 2012 5:57:25 AM

Re: TomSawyer post# 200303

Post # of 200338

some pure hypothetical considerations:
1.the conditions to be fulfilled before the dividend to FFGO shareholders is distributed are set by NMGL. if NMGL goes "out of business", NMGL is not able to fulfill its own conditions. so NMGL could "sell",i.e. exchange, in its own liquidation process the B.+S.C.shares back to WD for the preferred stocks given to WDM.
the B.+S.C.shares would be back in the possession of WDM.
2.now FFGO parallel could liquidate itself and -possibly with the other owners of B.+S.C.shares together- sell the B.+S.C.shares to pay the dividend to its shareholders.
3.if there exists NSS in FFGO these shortsellers would get their long awaited problems.
4.if such a strategy would be chosen, nobody would know the actual degree of realization.
but: only hypotheses.




spsfan   

Thursday, May 17, 2012 7:25:18 AM

Re: None

Post # of 200338

I'm a long and been here a long time. Seems there is something brewing. Alan C, Vianna, Varmit, Lebron - hope you are right ! Would like an update from Varmit.



Colorado5 

Thursday, May 17, 2012 10:54:41 AM

Re: SevenTenEleven post# 200316

Post # of 200338

Hey Seven,

Notice any time some professional Gold player makes a comment or statement that Gold is going to rally, the next day it starts tanking and does so for a week or two and then starts to rebound again. Is it typical pump and dump or shorty doing his thing?



LAMBSHIFT   

Thursday, May 17, 2012 11:06:38 AM

Re: puppydotcom post# 200312

Post # of 200338

FFGO and WD: liquidation has to be done.you should prove convincingly your statements about the assets of FFGO/WD.




AlanC

Thursday, May 17, 2012 11:43:55 AM

Re: SevenTenEleven post# 200316

Post # of 200338

The rebound in gold and silver will cause those short some huge problems. When folks start taking delivery there will be panic amoung those nakedly short! Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



SevenTenEleven 

Thursday, May 17, 2012 12:09:55 PM

Re: puppydotcom post# 200324

Post # of 200338

FFGO - Still waiting for documentation from the company to support fantasy claims of cancelations.

Good Luck!




AlanC

Thursday, May 17, 2012 1:51:34 PM

Re: puppydotcom post# 200323

Post # of 200338

Well we do agree that it is over. It is over for the shortman.
The embarassing written details by the executives of Goldman Sachs and Merrill Lynch accidently released by the Goldman Sachs attorney say it all. Read those documents and then know that very soon many more will be released and everyone I think would have to admit that it is over for the shortman. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



SevenTenEleven 

Thursday, May 17, 2012 6:01:34 PM

Re: Nitwit post# 200338

Post # of 200339

Naked short sellers have been the scam!

Time is running short for them.

Tic Toc




LAMBSHIFT   

Thursday, May 17, 2012 6:13:29 AM

Re: AlanC post# 1410

Post # of 1418

similarly with the drilling results of the neighbour tuffnell exploration (bouse property).




AlanC

Thursday, May 17, 2012 7:45:49 AM

Re: LAMBSHIFT post# 1415

Post # of 1418

We are surrounded by those mining gold! How sweet it is!
Go GNCP!!!



Chartman17 

Thursday, May 17, 2012 5:21:31 PM

Re: None

Post # of 1418

Well, howa 'bout the Chairman's letter, update, stock price pusher thing deal. GNCP will have some things to brag about???? Maybe???

Chartman17



AlanC

Thursday, May 17, 2012 6:22:36 PM

Re: SevenTenEleven post# 200339

Post # of 200344

Here here the time is running very short for those who have sold billions on non existant shares. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



SevenTenEleven 

Thursday, May 17, 2012 6:49:03 PM

Re: AlanC post# 200340

Post # of 200344

  Loopholes in the reporting and regulatory systems, and carefully written logarithms have allowed for the massive amounts of naked short sold shares to be deposited into FFGO shareholders' trading accounts, as well as countless other securities.

Have the Ricketts used TDAmeritrade to make billions at the expense of retail investors? How much of that was made naked short selling? How much was made naked short selling FFGO?

With what Joe Ricketts was trying to pull this past week, I wonder if someone reminded him of the "dirt" they have on him and his brokerage operation?

Tic Toc




Dhoraji   

Thursday, May 17, 2012 8:10:43 PM

Re: SevenTenEleven post# 200342

Post # of 200344

American Regulators have legal and moral duties to STOP this practice, as Europe
has done, failure of which will destroy UNITED STATE OF AMERICA beyond repair.




Chartman17 

Thursday, May 17, 2012 7:12:11 PM

Re: JammingJAY post# 1418

Post # of 1420

JammingJAY, isn't it always next week???

Chartman17



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-17 21:41:00)

Offline

 

#1580 2012-05-17 21:34:48

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

DHS Holding Co. (DHSM)

Moderators:Admiral Lagrange, SevenTenEleven, goodolboy, Rich, Trading4cash, rekcusdoo

http://investorshub.advfn.com/DHS-Holding-Co-DHSM-7860/



AlanC

Thursday, May 17, 2012 7:44:15 AM

Re: Rich post# 26344

Post # of 26387

Could it be that 7/10/11 is close to owning the entire float? Then again, if the filings are correct and the purported shares have in fact been retired there is no float, it is kind of like the Overstock situation that GS and ML found themselves in being short more than the tradable float. This could get very interesting if someone is forced to buy back FTD's. Go DHSM!!!


SevenTenEleven

Thursday, May 17, 2012 10:27:05 AM

Re: BigBake1 post# 26347

Post # of 26387

Nothing like ex-clearing! Those short the float, say 10 times the float, and not reporting, will be held accountable. News coming regarding the meetings with Belize Officials. $2 to $6 also coming! Some even believe $10 could be a target. Wouldn't want to be short!

Good Luck!



SevenTenEleven 

Thursday, May 17, 2012 10:29:23 AM

Re: AlanC post# 26345

Post # of 26387

AlanC, Could those short be short 10 times the float? Maybe more? If this hits a trigger point for ordered buyins, we could be seeing a move that rivals a few other forced covers for other OTC stocks. Those short will continue to keep their intentions hidden. Just like they are able to keep their short positions hidden from the public and the regulators.

Tic Toc



SevenTenEleven 

Thursday, May 17, 2012 10:43:02 AM

Re: BigBake1 post# 26350

Post # of 26387

Unreported shorts! Can't believe brokers and market makers continue to hide their illegal activity.

Good Luck!



SevenTenEleven 

Thursday, May 17, 2012 10:49:19 AM

Re: BigBake1 post# 26352

Post # of 26387

There exists 0 shares undelivered here as per actual reports by the SEC. - BigBake1

Too bad the FTD's are not reported by the SEC. FINRA reports the numbers.

Good Luck!



SevenTenEleven 

Thursday, May 17, 2012 11:08:01 AM

Re: ChrisWhite post# 26331

Post # of 26387

DHSM - I am confident that the shares were retired. Shorts, and possibly some longs, are hoping for shares to shake down from higher levels.

No matter what the company does, those short from these levels will avoid acknowledgment of the positive developments the company is making, and will continue to make.

Will be adding more this week.


SevenTenEleven 

Thursday, May 17, 2012 12:09:02 PM

Re: None

Post # of 26387

DHSM - Expecting investor update possibly by tomorrow.

If I were the company, I would wait until early next week to update investors on the developments and the meetings in Belize.

Also, when they update OTCmarkets.com, I will be looking forward to the new distort campaign.

Will be adding at these levels.

Good Luck!



SevenTenEleven 

Thursday, May 17, 2012 12:29:49 PM

Re: BigBake1 post# 26357

Post # of 26387

Thanks for the DD!

Will continue to add based upon it!

Good Luck!




janice shell 

Thursday, May 17, 2012 2:55:48 PM

Re: SevenTenEleven post# 26348

Post # of 26387

Those short the float, say 10 times the float...

Why should we "say" that, when there's ZERO proof of it, and plenty of proof that there is no significant short interest here?

Just because it's what you and Alan want to believe?



janice shell 

Thursday, May 17, 2012 2:58:29 PM

Re: SevenTenEleven post# 26356

Post # of 26387

I would wait until early next week to update investors on the developments and the meetings in Belize.

lol, the meetings at which they'll say that they plan to build a resort bound to cost at least $500 million even though they have no money at all?

gilianna   

Thursday, May 17, 2012 3:36:08 PM

Re: None

Post # of 26363 

janice..If you do not like this stock why do you keep posting negative comments about? You sure do keep your eye on it as if you have a steak if it fails....



janice shell

Thursday, May 17, 2012 3:49:29 PM

Re: gilianna post# 26367

Post # of 26368

I see you're quite new to IHub. You'll eventually figure out how things work.


gilianna   

Thursday, May 17, 2012 3:42:13 PM

Re: janice shell post# 26364

Post # of 26365 

Janice.. then kindly move on if this does not do it for you...



janice shell

Thursday, May 17, 2012 3:38:30 PM

Re: gilianna post# 26363

Post # of 26368

If you do not like this stock why do you keep posting negative comments about?

Because I don't like it.



gilianna

Thursday, May 17, 2012 3:48:06 PM

Re: janice shell post# 26366

Post # of 26368

Well then I guess you have nothing better to do...carry on




janice shell 

Thursday, May 17, 2012 3:44:05 PM

Re: A deleted message

Post # of 26387

Sorry, dear. This is a discussion board. You don't have to be a shareholder to take part.

And if I left, who'd do actual DD, apart from BigBake?



SevenTenEleven 

Thursday, May 17, 2012 3:53:46 PM

Re: janice shell post# 26366

Post # of 26387

And if I left, who'd do actual DD, apart from BigBake? - janice shell

DD that is creating buying opportunity for those of us going long from these levels.

Good Luck!




janice shell 

Thursday, May 17, 2012 3:55:19 PM

Re: SevenTenEleven post# 26369

Post # of 26387

So you admit the fundamentals suck and the PRs are implausible?



SevenTenEleven 

Thursday, May 17, 2012 3:57:29 PM

Re: janice shell post# 26370

Post # of 26387

So you admit the fundamentals suck and the PRs are implausible? - janice shell

Hardly the case!

Wouldn't be adding to my position if it wasn't for the huge upside potential based upon the PR's, the reduction in the share structure, and the continued increase in DD that states otherwise.

Good Luck!



janice shell 

Thursday, May 17, 2012 3:59:29 PM

Re: SevenTenEleven post# 26371

Post # of 26387

Oh, and I forgot to mention the rather unsavory people involved with the company. Only a positive in your mind.

The PRs? When do you expect them to "update" us on where they'll find hundreds of millions for this non-starter resort project?



SevenTenEleven 

Thursday, May 17, 2012 4:03:41 PM

Re: janice shell post# 26373

Post # of 26387

Oh, and I forgot the mention the rather unsavory people involved with the company. Only a positive in your mind.

The PRs? When do you expect them to "update" us on where they'll find hundreds of millions for this non-starter resort project? - janice shell

Didn't realize that a development project required a company to come up with 100% of the construction and development costs, up front.

Seems to me that the company would be required to come up with some type of down payment and would likely finance the majority of the project. The project and development would become the equity necessary to secure the loan.

Good Luck!



janice shell 

Thursday, May 17, 2012 4:07:02 PM

Re: SevenTenEleven post# 26376

Post # of 26387

The project and development would become the equity necessary to secure the loan.

What? I really, really don't think so.



SevenTenEleven 

Thursday, May 17, 2012 4:33:13 PM

Re: Newie post# 26343

Post # of 26387

DHSM - Nice buy, before the close, at $0.20 for 200 shares, being delayed in reporting, until after the close as a t-Trade.

Pretty common occurrence it seems. Manipulating short selling market makers will stop at nothing.

Good Luck!



SevenTenEleven 

Thursday, May 17, 2012 4:41:28 PM

Re: AlanC post# 26345

Post # of 26387

DHSM - It appears that there may be news around the corner that could have the naked short selling market makers a bit concerned.

Looking forward to further guidance from the company!

Tic Toc



janice shell 

Thursday, May 17, 2012 4:43:40 PM

Re: SevenTenEleven post# 26382

Post # of 26387

It appears that there may be news around the corner that could have the naked short selling market makers a bit concerned.

It does? Is that why a whopping 7100 shares traded today?



SevenTenEleven 

Thursday, May 17, 2012 4:55:54 PM

Re: BigBake1 post# 26384

Post # of 26387

DHSM - News must be around the corner that is of concern for those short.

Will be interesting to see what is about to be reported to investors.

Anyone looking out for shareholders' best interest should be thrilled to find out that the company is moving forward with the project development, and should be even more thrilled to see the PPS move from $0.20 to levels much higher.

Nothing better for shareholders and investors to see significant ROI!

Great to be in at these levels!

Buy LOW and SELL SMART!

Good Luck!



SevenTenEleven 

Thursday, May 17, 2012 6:10:25 PM

Re: None

Post # of 26387

DHSM - Short Volume for May 17th - 22%

20120517|DHSM|1500|0|6910|O



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-17 21:35:43)

Offline

 

#1581 2012-05-18 17:31:22

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



GNCC Capital, Inc. (GNCP)

Moderators:SevenTenEleven, Rocket Man, digger1, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=3731




Texan77   

Friday, May 18, 2012 1:51:06 AM

Re: None

Post # of 200394

18OZ TON ! 45 ton gave 810oz next door lol



Texan77   

Friday, May 18, 2012 1:59:04 AM

Re: None

Post # of 200394

OUR nieghber is makeing money same dirt same trend believe it




LAMBSHIFT   

Friday, May 18, 2012 4:37:47 AM

Re: Texan77 post# 200348

Post # of 200394

I think you mean the Copperstone region.
S.C. property contains the continuation of the structure, which is mined successfully by Amer. Bonanza -our northern neighbour.



AlanC

Friday, May 18, 2012 8:39:59 AM

Re: Texan77 post# 200348

Post # of 200394

Our claims are valuable to be sure. They are now surrounded by folks who are mining and selling gold and the price of gold is moving on up as banks around the world are buying. If some of the major players take delivery we could see one heck of a squeeze on those who are short which would really enhance the value of our claims. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



Dhoraji   

Friday, May 18, 2012 10:05:41 AM

Re: alien42 post# 200353

Post # of 200394

American Regulators have miserably failed to STOP NSS practice in our market.
In the end, TRUTH WILL TRIUMPH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

FFGO is victim and therefore Peter/Ron team is fighting Regulators.
This is the main reason for delay.



paunch13   

Friday, May 18, 2012 10:06:01 AM

Re: 52wkhi post# 200354

Post # of 200395

52wkhi
That just might happen and it is what we deserve after waiting all this time for FFGO to pay us the divis'
John



Dhoraji   

Friday, May 18, 2012 10:32:43 AM

Re: alien42 post# 200357

Post # of 200395

I repeat, IN THE END TRUTH WILL TRIUMPH!!!!!!!!!!!!!!!!!!!!!!!!!!!

I am convenienced beyond a shadow of a doubt that FFGO is a victim of HUGE NSS. It is a fact. I think you are trying to
confuse me, by calling Peter/Ron the scammers, instead of victims.



SevenTenEleven 

Friday, May 18, 2012 12:00:28 PM

Re: alien42 post# 200364

Post # of 200395

Preferreds have EVERYTHING to do with GOLD!

Good Luck!




stoprun 

Friday, May 18, 2012 2:04:31 PM

Re: alien42 post# 200360

Post # of 200395

Have they been scams, or run out of business buy the NSS, some I agree are scams, but some I blame on the NSS and we all know who they are. Justice will prevail, someday!!!



SevenTenEleven 

Friday, May 18, 2012 2:37:17 PM

Re: medchal post# 200370

Post # of 200395

Shareholders will be rewarded!

Good Luck!



stoprun   

Friday, May 18, 2012 3:00:32 PM

Re: medchal post# 200370

Post # of 200395

My biggest concern is to stop the "NSS", if I receive any monies from FFGO fine, if not that will be fine also. It is time for a change in the market, where justice prevails, the money will follow accordingly.



SevenTenEleven 

Friday, May 18, 2012 3:13:33 PM

Re: alien42 post# 200374

Post # of 200395

shareholders in scams like FFGO are never financially rewarded.

they are rewarded with knowledge if they accept that they were scammed. - alien42

Correct! Naked short sellers have tried very hard to scam shareholders and investor!

When the department of homeland security steps up and steps in, shareholders will be rewarded.

Good Luck!




SevenTenEleven 

Friday, May 18, 2012 3:17:35 PM

Re: stoprun post# 200375

Post # of 200395

We both know that all of the recent DD is very encouraging and it reassures me that the distribution of assets are a significant concern for naked short sellers and market manipulators.

Tic Toc



wrenchman 

Friday, May 18, 2012 3:27:30 PM

Re: alien42 post# 200362

Post # of 200395

Yep tell KNIGHT that lol wink wink!!!!




RoadLessTraveled   

Friday, May 18, 2012 3:36:23 PM

Re: SevenTenEleven post# 199973

Post # of 200395

Sorry but the evil NSS-ers have more than enough money & power to continue controlling the market for years as they have for decades.

Occasionally there will be a few token stories about crack-downs or maybe even a minor prosecution here & there with wrist slap fines.

But there is one thing they take to the bank every single day and that is, they will never ever be even slowed down by penny stock investors.

Good luck though.



wrenchman 

Friday, May 18, 2012 3:44:48 PM

Re: alien42 post# 200387

Post # of 200395

reread what you wrote" nite files audited financials" lol yes your right but do those audited financials break down where the money comes from,so yes they do but its like a pickpocket coming and showing you a handful of money and your pocket is empty!!!



SevenTenEleven 

Friday, May 18, 2012 5:10:39 PM

Re: wrenchman post# 200389

Post # of 200395

Is NITE guilty of naked short selling, or are they just routing the orders for the illegal market manipulators? Will all come out in the wash! Are brokers, such as TDAmeritrade, knowingly housing book markers that are not backed by actual certificates? Will Joe Ricketts be investigated in the near future?

No shorts in FFGO, so why would any shorts be concerned? They shouldn't!

Loopholes and Logarithms are the methods manipulative market makers use to abuse companies and shareholders such as those related to FFGO.

Tic Toc



Lebron23   

Friday, May 18, 2012 3:08:43 PM

Re: None

Post # of 1423

Somebody bought 5,000 shares and it moved the Ask from $.02 to $.03????
Wow, not a lot of float here.



SevenTenEleven 

Friday, May 18, 2012 7:25:34 PM

Re: newtrader2007 post# 200396

Post # of 200404

Please give me an example of company ran by these scammers that made $1 for any shareholder. Please post!! - newtrader2007

Will post in due time... In due time!

Good Luck!



stoprun   

Friday, May 18, 2012 7:51:10 PM

Re: medchal post# 200379

Post # of 200404

Oh!, Thank You so much and here the whole time, I thought it was shorty manipulating the PPS down, so it was the company that scammed the stockholders, not shorty, Wow, do I feel alot better now. This stuff is just truly amazing and just where do I send my letter to Santa Claus this year? P.S. If you can get the Easter bunnys email address, I will need that also.
AMAZING!!!!!!!!



SevenTenEleven 

Friday, May 18, 2012 8:02:45 PM

Re: medchal post# 200379

Post # of 200404

I'll stick with loopholes and logarithms. Since Shorty has stollen multiples of what shareholders have invested.

FFGO is about to change the paradigm for those illegally naked short selling.

Tic Toc



SevenTenEleven   

Friday, May 18, 2012 3:03:34 PM

Re: medchal post# 200377

Post # of 200379 

Almost sounds like a Gary Weiss grammar lesson.

Shareholders will be rewarded!

Good Luck!



medchal   

Friday, May 18, 2012 3:02:01 PM

Re: SevenTenEleven post# 200373

Post # of 200380 

"Like I said, 'Shareholders will be rewarded'."  That should be "as I said", and there is no one with the least interest in rewarding you.  Sorry.



medchal   

Friday, May 18, 2012 3:06:07 PM

Re: SevenTenEleven post# 200378

Post # of 200380 

Gary Weiss's grammar isn't that good, and that's off-topic, so what's your point?

Who do you dream will "reward" you?



SevenTenEleven 

Friday, May 18, 2012 8:38:29 PM

Re: headcounselor post# 200404

Post # of 200407

Then why are naked short sellers still begging them to back away from paying a dividend?

Tic Toc



varmit 

Friday, May 18, 2012 10:58:58 PM

Re: headcounselor post# 200404

Post # of 200409

matters not counselot >>>>>>>>

class in session !!!!

ffgo has nothing 2 do with our divvies now .....nmgl ownes the mines ,,,,sale is almost closed ,,,,,,,cash divvies in order soon ......

nmgl announces super 8 k sale .... that news will trigger dividend ,,,,,,,ffgo no longer required

so !!!!! who cares if ffgo is out of business
\

rens /gncp/nmgl are still live and well and dont give up on hglc

class dismissed counselot varmit says cuz varmy cares 



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-18 22:25:10)

Offline

 

#1582 2012-05-20 20:55:57

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



GNCC Capital, Inc. (GNCP)

Moderators:SevenTenEleven, Rocket Man, digger1, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=3731




SevenTenEleven 

Saturday, May 19, 2012 2:26:14 AM

Re: newtrader2007 post# 200409

Post # of 200459

7/10/11 and others who have FOR SOME REASON continued on and on to promote Lumb and Crew scamming investors dumping BILLIONS of shares for profits in their coffers in Bahamas, South Africa, Etc. All locations to make hard for USA legal authorities to prosecute have walked away with millions and you continue to support and blame NSS. The curtain has closed and investors have lost it all. That was the plan and it worked with precission!!!! Don't you JUST LOVE LUMB AND HIS COHEARTS!!!! This is fact! Not fantisy!

Newtrader

Homeland Security in the house!

CASH COMING!

Good Luck!




SevenTenEleven 

Saturday, May 19, 2012 2:28:20 AM

Re: varmit post# 200408

Post # of 200459

$1 per SHARE!

TIC TOC




SevenTenEleven 

Saturday, May 19, 2012 10:36:53 AM

Re: medchal post# 200417

Post # of 200459

Those short prior to revocation are still short post-revocation.

Write-offs and Write-downs are the only means by which they can close out and cover their positions.

Well that isn't entirely true, now is it?

There is always private settlement.

Mines are just about sold and CASH will be king!

Great to know shareholders will be rewarded for their patience and their belief in the company!

Good Luck!



SevenTenEleven 

Saturday, May 19, 2012 10:43:57 AM

Re: varmit post# 200408

Post # of 200459

Varmit, it is great to know that the preferreds are safely held by WD. All one has to do is read the Form 8-K filings provided to the SEC. No documents to support claims that contradict what the company(s) have provided to the SEC.

Cash is definitely an asset and distribution of CASH will be protected by the Wyoming Statutes of Incorporation. FINRA has made it clear that the State of Incorporation governs what a company can and cannot do AT ALL TIMES!

Being a US corporation, FFGO has had to file income tax returns with the IRS. If there was anything questionable over the years, the IRS, the SEC, and the DOJ would have charged the officers of the company. NO SUCH CHARGES HAVE EVER OCCURRED!

What will trigger a forced cover? Will naked short sellers be forced to make private negotiations with electronic marker holders to close out the illegally generated counterfeit positions?

$1 per share X 1B shares X THOUSANDS of SHAREHOLDERS!

= OUCH!



AlanC

Saturday, May 19, 2012 11:48:31 AM

Re: A deleted message

Post # of 200459

Spot on! Well if they think FFGO is a scam why wouldn't they be dead set against naked shorting? Wouldn't you think they would lead the charge against those criminals? Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



Dhoraji   

Saturday, May 19, 2012 8:02:11 PM

Re: RoadLessTraveled post# 200424

Post # of 200459

Please have faith!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Peter and Ron are not crooks, but very large shareholders,
who are going to loose more than all of us combined, if
they fail. Please check Vienna's list of shareholders, which
proves that NSS is not fantasy but a reality.IMO.




SevenTenEleven 

Saturday, May 19, 2012 11:09:15 PM

Re: None

Post # of 200459

FFGO - Dividend COMING! Nothing filed or provided by the company to support claims that it is NOT! Company warned of such claims.

Looking forward to dividend being processed and distributed!

Good Luck!


SevenTenEleven 

Sunday, May 20, 2012 10:11:50 AM

Re: Dhoraji post# 200425

Post # of 200459

The NSS is well documented. Those short will have an opportunity to close out their open short interest through private settlement. Hopes of retail being shaken out, through "forced" write-downs is just not paying off for the bankers and brokers.

Recent rulings in California and the release of proof that naked short selling does indeed exist will continue to strengthen our position.

Will Joe Ricketts, of TDAmeritrade come under fire for his attempts at influencing politics with his possible illegal gains? Will it be revealed that TDA, ST, and ET have all be issuing illegal electronic markers for OTC stocks such as FFGO?

Good Luck!



paunch13   

Sunday, May 20, 2012 11:36:57 AM

Re: SevenTenEleven post# 200434

Post # of 200459

Seven
It won't be long now before all the shareholders receive thear money and all the shorts get the prevaledge of paying through the nose and it is about time
John


SevenTenEleven 

Sunday, May 20, 2012 12:44:54 PM

Re: RoadLessTraveled post# 200437

Post # of 200459

There will be no cash dividend for shareholders here until NMGL completes the purchase of 100% of Bouse & South Copperstone from McIntyre & Bauman Group and also until they purchase all of the 2005 Dividend shares as was described on the FFGO website. - RoadLessTraveled

Good to know the dividend process is still in play!

Looking forward to being rewarded for patience!

Good Luck!



SevenTenEleven 

Sunday, May 20, 2012 12:54:03 PM

Re: puppydotcom post# 200439

Post # of 200459

Thanks for the DD!

Reassuring to know that the dividend process is still in play and still causing the naked short selling market makers, bankers, and brokers concern!

Good Luck!



SevenTenEleven 

Sunday, May 20, 2012 12:57:38 PM

Re: puppydotcom post# 200442

Post # of 200459

still waiting for that document from FFGO management telling shareholders FFGO dividend was canceled.

Good Luck!



SevenTenEleven 

Sunday, May 20, 2012 1:03:16 PM

Re: puppydotcom post# 200446

Post # of 200459

Thanks for the DD! No reason to take 100% tax write-offs ahead of a 3449% dividend distribution!

Tax laws being broken by brokers, bankers and market makers?

All of those illegal profits going off-shore?

Tisk Tisk Tisk

Tic Toc



SevenTenEleven 

Sunday, May 20, 2012 1:04:13 PM

Re: RoadLessTraveled post# 200447

Post # of 200459

The dividend process died naturally & quietly when NMGL lost its business license required to complete its 100% purchase of Bouse & South Copperstone...no news about it was necessary. - RoadLessTraveled

Yet no filings or documentation from Company(s) to support such claims?

Good Luck!



SevenTenEleven 

Sunday, May 20, 2012 1:17:00 PM

Re: RoadLessTraveled post# 200450

Post # of 200459

Glad to have helped. - RoadLessTraveled

Yes! Thank you very much for reconfirming that the company(s) have not provided documentation to support claims that the dividend process has been canceled.

The continued DD is reassuring that the process is still in play, and that those who have been short and not reporting are still very much responsible for a considerable amount of risk.

Good Luck!



Chartman17 

Sunday, May 20, 2012 10:56:19 AM

Re: None

Post # of 1424

"Next week" is upon us. We will know soon enough if the President/Chairman has a letter in his typewriter ready to send to the shareholders.

GLTA

GO GNCP

Chartman17



Bull Finch 

Sunday, May 20, 2012 9:51:29 PM

Re: TomSawyer post# 200458

Post # of 200460

A Cash Dividend is the only way

to shake (Trap) the Shortman at this point!

A Dividend of shares in a another company will allow the Shortman to work in conjunction with DTCC to hold up issuing of shares to Shareholder so that the Shortman can short that companies shares down to .0001 then issue the shares, as it happened in HGLC!

Wouldn't you agree?



Texan77   

Sunday, May 20, 2012 10:13:11 PM

Re: TomSawyer post# 200458

Post # of 200461

suck it lol



SevenTenEleven 

Sunday, May 20, 2012 10:56:57 PM

Re: TomSawyer post# 200458

Post # of 200466

Anything is possible in FFGO fantasy land!

In fact, sounds like a sure fired way for shorts to not to have to pay a dividend that will likely cripple their illegal operation.

Those interested in writing the SEC are more than welcome. The SEC will gladly take all parties' names and contact information.

The SEC could then cross reference the actual shareholder list to make sure shareholders contacting them are indeed shareholders who are awaiting 3449% ROI.

Should get interesting in the coming weeks.

Tic Toc


Quote:
--------------------------------------------------------------------------------
Attention all FFGO / NMGL Shareholders..

Some of us need closure to this bad FFGO scam investment. It's suggested that all FFGO Shareholders write the SEC and encourage (yes you read that right.. encourage) the SEC to revoke NMGL due to lack of filings, no business licenses, etc. If it's a scam NMGL will keep us longs on a "waiting" game for years to come. The longer they keep us "waiting", the less liability there will be when they officially cancel everything.

So I say we turn the tables on them now...

Once NMGL is revoked, there is no possible way (or instrument) to pay us a dividend.

Now read this carefully.. it makes perfect sense for placing pressure on NMGL...

IF this is not a scam: then NMGL WILL respond to the SEC and prevent a revoke from happening.

IF this is a scam: NMGL won't do anything.

It's your choice to write the SEC, not mine. But will NMGL respond to the SEC, or not?

How about it SEC? Time for revoke of NMGL?




SevenTenEleven 

Sunday, May 20, 2012 11:02:26 PM

Re: uk peter1 post# 200459

Post # of 200466

Company is not communicating with investors or shareholders until they announce the dividend record and payment dates. Was clearly spelled out in the FAQ's and investor communications.

Keeping the fantasy alive!

Tic Toc


Quote:
--------------------------------------------------------------------------------
Hi Tom i fully support you! But do write to Sec every few months to report them as Scammers!!Especially since 2months ago Stephen Lumb tells me Ronnie / they dont want any more shares ( Bouse n Copperstone) when i offered minefor 1/10 th of price!!
They dont intend to gain 100% ownership as per Number one action!! Told me in mood GFGO will be liquidated...credit holders get back claims...shareowners nothing!!
So lets hit the SEC. ..need action NOW!!

We know NMGL will be revoked..but as you say it be another ...year..2years....NEED SEC action now!!

Folks make Complaints to SEC!
--------------------------------------------------------------------------------



Bull Finch 

Sunday, May 20, 2012 11:20:26 PM

Re: SevenTenEleven post# 200463

Post # of 200466

SEC/FINRA has me on Record!

But I wasn't crying about the company, I was complaining about DTCC holding up my HGLC Dividends!

I should have received my Dividends when the stock was trading at $3.00. I finally got my Dividends when the stock was shorted to death at .0001, the whiners have it all wrong!


5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-20 22:25:17)

Offline

 

#1583 2012-05-21 16:29:47

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



GNCC Capital, Inc. (GNCP)

Moderators:SevenTenEleven, Rocket Man, digger1, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=3731





SevenTenEleven 

Sunday, May 20, 2012 11:26:25 PM

Re: Bull Finch post# 200466

Post # of 200511

The DTCC is part of the criminal operation that has been stealing from shareholders and investors of FFGO, HGLC, and many other OTC stocks.

As pointed out, the dividend should have been received when the stock was at $3, not at $0.0001.

Sounds a lot like TDAmeritrade and their trading practices for many OTC stocks. Not sure if they were restricting buying of FFGO toward the end, but they have been very transparent in their practice of allowing buying of OTC stocks into a buying frenzy, only to prevent buying when the stock is back at its lows.

Nothing like working with market makers to naked short sell and manipulate the stock up and then back down.

Those allowing illegal book entries in their retail accounts may have a rude wake up call coming.

What happened in California a few weeks back, and with the documentation of naked short selling by brokers and bankers just this past week, those still hiding their "surpluses" of inventory may have some difficult explaining to do.

Tic Toc



SevenTenEleven 

Sunday, May 20, 2012 11:27:52 PM

Re: Bull Finch post# 200466

Post # of 200511

BTW the SEC and FINRA have all of my shares (markers) on record.

Should get interesting to say the least.

Tic Toc



SevenTenEleven 

Sunday, May 20, 2012 11:40:56 PM

Re: Bull Finch post# 200466

Post # of 200511

FFGO - Gold appears to be heading back above $1600.

Looking forward to a conclusion of the sale of the mines.

Tic Toc



SevenTenEleven 

Monday, May 21, 2012 12:05:56 AM

Re: RoadLessTraveled post# 200472

Post # of 200511

You do realize that it's not NMGL buying the mines, don't you?

Not without a valid NV business license.

Glad to help clear that up for you. - RoadLessTraveled

Of course NMGL is not buying the mines!

They are selling them!

Thanks again for all of the DD!

Good Luck!



AlanC

Monday, May 21, 2012 6:55:41 AM

Re: A deleted message

Post # of 200511

When I read this thread I get excited knowing that my FFGO divy poses a huge threat to those who will be paying it when it is finally paid. Just sit back and observe this thread and you can't help feeling good about the shares you own. There can only be a single explanation for this activity and I will let each poster decide what that is for them, I know what it is for me.
5 trillion hook, line and sinker! Go FFGO!!!
Dividends of 3400%+ are worth waiting for!


SevenTenEleven 

Monday, May 21, 2012 7:56:17 AM

Re: RoadLessTraveled post# 200478

Post # of 200511

Oops, almost forgot to ask. You do have links for all this info, right? Seems like I missed the announcements from the company...

...Thanks in advance for those links from either the company or even the SEC. - RoadLessTraveled

Seems like I missed the announcement from the company that the dividend process was canceled.

Do YOU have links for this?

Thanks in advance!

Good Luck!



mattyhoho   

Monday, May 21, 2012 8:55:25 AM

Re: Fire Lane post# 199981

Post # of 200511

Got a link for that information?



AlanC

Monday, May 21, 2012 12:38:33 PM

Re: SevenTenEleven post# 200484

Post # of 200511

Had a thought provoking conversation this morning with a fellow FFGO long who suggested I think about the toll this was taking on the shorts trapped by FFGO. Their carrying costs have to be enormous and never ending. They must want the divys to be paid almost as much as the longs do. Granted it is going to cost them a monstrous amount of money but at least the ongoing torture ends for them and they can move on to greener pastures. I would doubt any of them be they small individual shorts out of Canada or huge hedge funds working from offshore will ever naked short a company connected in any way to our management. Well done Pete Bezzano et al! Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



paunch13   

Monday, May 21, 2012 12:42:56 PM

Re: AlanC post# 200490

Post # of 200511

AlanC
What do you think our chances are of receiving our divis this year or next year, When a company refuses to talk to it's shareholders it leaves us pretty much out in the cold
John



AlanC

Monday, May 21, 2012 12:52:20 PM

Re: paunch13 post# 200491

Post # of 200511

I think this year John. Monitor what is going on around the world and it all points to major financial reforms. Greece, Spain, Italy all go do what Iceland did and the effect that would have on the derivative bets made by the once thought too big to fail group might just cause one or more to fail and once that happens everything comes out in the open imho. Once the fruad is exposed for all to see we may just see regulators doing things to try and save their own skins. The same goes for the politicians who sould their souls and integrity for a few pieces of silver.
Lots going on to be sure but FFGO has trapped everyone good and bad and nobody escapes until management decides the time is right.
Go FFGO!!!
Dividends of 3400%+ are worth waiting for.




paunch13   

Monday, May 21, 2012 1:01:53 PM

Re: AlanC post# 200497

Post # of 200511

AlanC
It doesn't matter when we receive our divis but it sure will be nice when it happens. The worst thing about all of this is having to wait all this time without management being able to let us shareholders know what is happening. They said that it might take more than a year and that was about 16 month ago
John



paunch13   

Monday, May 21, 2012 4:46:54 PM

Re: paunch13 post# 200501

Post # of 200511

I just received an e-mail from a nephew of mine and he said " I thought FFGO was dead and if that is so why is there so much posting . and I said the posting is what keeps me believing that FFGO is very much alive'
John




AlanC

Monday, May 21, 2012 7:30:21 AM

Re: AlanC post# 1416

Post # of 1426

IS SOMETHING BREWING IN GOLD?

http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=151727&sn=Detail&pid=102055



Chartman17 

Monday, May 21, 2012 3:44:17 PM

Re: AlanC post# 1425

Post # of 1426

I hope so! Actually, I need something brewing in PR's, Chairman's letter, an Update, whatever! Good news would be O.K., too. Let's get GNCP's pps over .20 like the good ole daze.

Chartman17




OldBen 

Monday, May 21, 2012 6:14:16 PM

Re: AlanC post# 200490

Post # of 200513

Call it what you want, but, I can think of many boards that might go an entire weekend without a post. They might also have some weekdays without a post. One board that discusses a company's stock that I own had the stock going up 7% today with a mere 2 posts for the day.

To get 20,30, 40 posts or more a day, I believe, an event is usually happening. News came out, etc. etc.

Something is happening here at FFGO/NMGL etc. whether we can see it or not. The irony is that I might have started to lean towards disbelief if it wasn't for so many posters adamantly telling me how "bad" FFGO/NMGL is.

WIIFM (what's in it for me) applies in this case!!!!



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-21 17:31:08)

Offline

 

#1584 2012-05-22 16:20:06

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



SevenTenEleven


Monday, May 21, 2012 7:57:18 PM

Re: AlanC post# 9738

Post # of 9739

Quote:
To lead the effort, the S.E.C. selected one of its rising stars, Thomas A. Sporkin, whose father was the agency’s enforcement director in the 1970s. Mr. Sporkin has built a team of more than 40 former traders, exchange experts, accountants and securities lawyers to sift through roughly 200 pieces of intelligence a day, distilling the hottest tips into a daily “intelligence report.”

“It’s the central intelligence office for the whole agency,” Mr. Sporkin said.


One has to wonder if a majority of the 200 pieces of intelligence a day that the 40 "investor advocates" are sifting through are in the form of posts on IMB's? LOL!

Sure seems like there are a number of individuals who have no monetary upside from trashing stocks, companies, and CEO's. They also claim to be experts of one form or the other. Compensation must come in from somewhere. But where?

Not allowed to ask, yet promoters must give full disclosure. Doesn't seem fair, does it?

Imagine if Mr. Sporkin's office is responsible for compensating folks to troll the message boards and attack companies, officers, and shareholders of companies that have been naked short sale targets.

Strange how many of the experts claim to know things that are not publicly disclosed to shareholders or investors.

Makes one stop and think...



OldBen 

Monday, May 21, 2012 8:26:38 PM

Re: medchal post# 200513

Post # of 200534

Thanks, you just proved my point. You mentioned FFGO and CMKX as dead scams. Funny, there is a real lawsuit for $3.87 trillion regarding CMKX. Also, the president speaks on CMKX's actual naked shorting sting operation gone awry. Both can be found in minutes with a little searching.

FFGO still has the chance to deliver a dividend via WD and NMGL and still has naked shorting to resolve.

There is something going on for both.




medchal

Monday, May 21, 2012 9:35:31 PM

Re: OldBen post# 200518

Post # of 200519

I've followed CMKX for a long time. If you think Krazy Al's lawsuit (which never named an amount, by the way) is "real", you're in for even more disappointment. If you think "the president" (or the Pope, or the Queen of England, both of whom are frequently invoked by Xers) is going to help you out, you are simply delusional. Since Fortress does not exist, no, it has no chance of delivering a dividend.

All the "prove my point" "struck a nerve" message board claptrap in the world will not change simple facts.




medchal

Tuesday, May 22, 2012 8:36:23 AM

Re: OldBen post# 200522

Post # of 200527

"The simple fact is that the president has said that Naked Shorting exists and was part of the CMKX sting operation." What on earth "president" are you talking about? Is it the President of the United States? If not, please specify.

Nobody in the United States above the level of Assistant Municipal Rat Catcher has ever acknowledged any CMKX "sting" operation, which is nothing more than a message board invention, like the FFGO "dividend". No President of the United States has ever made reference to "NSS operations" in CMKX or FFGO, and CMKX was most certainly and obviously a scam (without quotation marks) from Day One.

Some people must be trying to make a career out of waiting for non-existent "restitution" of one kind or another from one defunct company or another.




lucvuillermoz   

Tuesday, May 22, 2012 12:44:00 PM

Re: None

Post # of 200534

just why sloane investment bought 17.6 billions at 0.0035 dollars



paunch13   

Tuesday, May 22, 2012 1:18:47 PM

Re: lucvuillermoz post# 200529

Post # of 200534

Luc
Slone is a very wise man and he knows exactly what he is doing so I would expect FFGO to pay off sometime soon
now
John




Lebron23   

Tuesday, May 22, 2012 3:56:27 PM

Re: puppydotcom post# 200532

Post # of 200534

Dividend is coming from NMGL





Lebron23   

Tuesday, May 22, 2012 4:26:29 PM

Re: puppydotcom post# 200532

Post # of 200534

puppydotcom, sounds like you were barking up the wrong tree (asking about FFGO)...should have been asking about NMGL




stoprun

Tuesday, May 22, 2012 7:36:55 AM

Re: puppydotcom post# 200525

Post # of 200526

The simple fact is that you are still here posting day and night, tells me that the divy is still alive and well.
THANKS!


5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Offline

 

#1585 2012-05-22 22:11:20

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111




stoprun   

Tuesday, May 22, 2012 10:20:20 PM

Re: newtrader2007 post# 200536

Post # of 200542

Yes and lets put shorty on "Top" of the list then!!!!




revelations   

Tuesday, May 22, 2012 10:27:36 PM

Re: None

Post # of 200542

Still don't know if FFGO will follow through or not but there sure is a lot of things happening on a daily basis. Corruption is everywhere (morgan stanley, facebook) and it just feels like the market is about to implode. In my opinion, naked short selling is the main culprit. All you have do on this board is mention naked short selling and you get 5 consecutive posts saying how silly you are. And don't forget the private messages, those are nice too. Go FFGO!



varmit 

Tuesday, May 22, 2012 10:31:40 PM

Re: newtrader2007 post# 200536

Post # of 200542

FFGO newtrader ,,,,,,, guess what u have overlooked ??????

sloan bought shares that were real ... there were no shares left at ffgo for sale legally ....... the 8 billion in the float me and my friends all own therefore evry share sold after our 8 billion shares are fake nss and air phantom shares

so new guy ,,,, there were not any shares available from ffgo so sloan bought off market !!!! MAKE SENSE NOW ???????
somepeople will never get it ,,,,,, but as for me and my buck a share club members we are rich / in just a bit longer !!!!!!!!

varmit says !!!!!! cuz varmy cares



varmit 

Tuesday, May 22, 2012 10:38:41 PM

Re: puppydotcom post# 200532

Post # of 200542

fyi pup dog
!!!!!!

guess again ,,, i checked edgar and they said that the shares are held in western diversified holdings ,,,,,,,

you are right ffgo has nothing ,,,, member they are gone ,,,,, puppy the magnificent
has shared us that excellent news day after day after day after day !!!!!!!! thank u ......:smilesmilesmilesmilesmilesmile)):

ffgo is gone /revolked !!!!!!! but western div lives strong with shares in the coffer !!!!!!!!

soon 2 be distributed as nmgl preferred as and bs

class was never in session !!!!!!! varmy cares



DD Support Board and Fraud Research Team

http://investorshub.advfn.com/DD-Support-Board-and-Fraud-Research-Team-19670/


SevenTenEleven

Tuesday, May 22, 2012 10:51:31 PM

Re: Risicare post# 25928

Post # of 25930
Perhaps people should stop taking money from criminals to push frauds? FB at least is a real company - Risicare

FB is a SCAM and so is MS!

Those buying on the open at at anything above $24 are foolish!

The fact that the behavior surrounding FB and their IPO is being defended, by the very same folks that expose scams, is very telling!

Good Luck!




5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Offline

 

#1586 2012-05-23 14:28:19

TheL1Ranger!
Member
From: The BIG Island of Hawaii
Registered: 2009-05-24
Posts: 15
Website

Re: Is this the company that will take the Naked Shortman down?

...via Twitter: Twitter / AlohaEvery1

@DeepCapture @MaxKeiser On ‪#InfoWars‬ Talking @Overstock, @GoldmanSachs===> ‪#COUNTERFEITING‬ ‪#STOCK‬ ‪#NSS‬ ‪#Floren‬ http://www.counterfeitingstock.com

Last edited by TheL1Ranger! (2012-05-23 14:29:38)

Offline

 

#1587 2012-05-23 21:05:02

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



varmit

Wednesday, May 23, 2012 9:26:57 PM

Re: alien42 post# 200545

Post # of 200566

sorry man from mars !!!!!

yes puplic record several times shows 8 billion shares in the float .................... all other 76 billion shares are restricted and also public record ......

so moon god !!!! there were 8 billion shares left to buy and my investment group took em all !!!!! 8 billion ,456,million even steven .........

so what about vianna , 7/10/11 , texan , rocket man, paunch . lebron,shapan8 , bull finch , and thousands more in the buck a share club

yes totalling over 200 billion shares that are electronically markered for mms 2 cover come judgement day just around the corner !!!!!! have fun on your space adventures alien

we have a short share dilema here and its gonna get complicated real quick !!!!!!!!



varmit

Wednesday, May 23, 2012 9:40:15 PM

Re: TomSawyer post# 200541

Post # of 200568

ffgo dividend

very very incorrect there tommy .......... well u r right and true that ffgo has no dividend and will not ever ever issue one !!!!!!!! the issue will be from nmgl as they legally binding own the rights to bouse and s.c when the checklist has been finalled

yup any day now u will see the results of all the managements hard hard work to liquidate those 2 mines all while gold has sustained an average of 16oo an ounce !!!!!!!!

divvies from nmgl soon to be released ,,,,,


ffgo has nothing 2 do except a simple announcement !!!!!!!!!!!!!!!!!!!!!!! again i repeat ffgo is not giving us our dividend ...... they already have secured by nmgl worth over 60 billion in assetts of oatman ,yaba , and other mines ........ nice little cushion inn this recession ......

60 billion in gold values soon 2 be 120 billion

varmit says cuz varmiy cares



SevenTenEleven

Wednesday, May 23, 2012 9:04:36 AM

Re: medchal post# 25955

Post # of 25957

What's "very telling" is anyone who doesn't understand that all Lumb companies are scams calling a company with a $66 BB market capitalization a scam. - medchal

Thanks for proving my point and deflecting.

Good Luck!



SevenTenEleven

Wednesday, May 23, 2012 9:31:36 AM

Re: BigBake1 post# 25959

Post # of 25960

Hedge funds could not short FB, look up the rules on IPOs, there is no shorting allowed on IPOs for a period of time. - BigBake1

Sorry! Not true! But Hey, you already knew that!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75730936

Good Luck!



SevenTenEleven 

Friday, May 18, 2012 10:58:08 AM

Re: AlanC post# 9703

Post # of 9767

Shorting Facebook on first day: Tough even for the gutsiest

Reuters – 15 minutes ago


By Edward Krudy and Alistair Barr

NEW YORK (Reuters) - Shorting the Facebook IPO on its first day of trading will not be for the faint of heart.

As the hottest initial public offering in recent memory, Facebook has drawn 1990s-style tech-mania interest from mom and pop investors and big institutions alike.

That intense appeal means even short-selling veterans are a bit wary, at least for now.
"I have no interest in shorting a cultural phenomenon," hedge fund manager Jeffrey Matthews of Ram Partners in Greenwich, Connecticut, told Reuters in an email interview.

Asked if this was because such stocks trade without regard to normal market valuation, he wrote back, "Bingo."

Short sellers looking to get in are facing an uphill battle. Traders interviewed said the stock is going to be hard to borrow, at least for a few days, and only the best-sourced hedge fund managers will able to find lenders.

A prime broker at one of the top underwriters of the IPO said the firm will not be lending shares at least until the initial settlement in three business days.

"I don't know how many shares will be available for shorting," said the broker, who requested anonymity. "We would only provide them once the deal has stabilized."

The bigger-than-usual percentage of retail-investor ownership of the shares may make shorting more difficult, as those investors don't tend to lend their shares for those who want to take a short bet.

"It will likely be difficult to get shares to borrow," said Adam Reed, professor of finance at UNC Kenan-Flagler Business School in Chapel Hill, North Carolina.

"In our research, we found that around 70 percent of IPOs are borrowable on the first day, but many of those names were only borrowable by well-placed investors."

The stock priced at $38 a share Thursday.

Those who are able to short will need nerves of steel. The borrowing cost will be high, and short-sellers may find the trade hard to get out of by buying back the stock in the open market, and could face a lender calling in their shorts if the stock rallies sharply.

Still, some have started laying the groundwork to short Facebook well before trading started.
"I'm doing the legwork now and calling all the brokers," said a hedge fund manager earlier in the week. "Goldman and Credit Suisse are our prime brokers, so I am in contact with them about this."

"This is about as bubbly as you can get," he said. "My mother asked me if she could get Facebook shares and she has never been interested in IPOs before. A cab driver asked me about the IPO too. That's when you want to short it."

The hedge fund manager asked not to be named as he expected to be involved in trading the stock on Friday.

Some hedge funds, remembering the heady days of the tech bubble in the late 1990s, have been sensing the blood in the water in the recent flurry of social media and networking IPOs, including Groupon, LinkedIn, and Zygna.

Many believe those stocks' valuations are too high, given expectations for their growth and revenue outlook. Should shares surge to $70 or so in short order, it will be an opportunity for managers when the initial flurry of retail interest fades in coming days or weeks.

However, Facebook may be an exception.

"I think it's going to be an extraordinarily successful IPO and it's going to be a must-own stock institutionally, besides the massive retail demand, for obvious reasons - it's the dominant factor in social media, social networking," said Doug Kass, president of Seabreeze Partners in Palm Beach, Florida.

Kass hasn't been afraid of shorting hot IPOs in the past - he made quick, short bets on LinkedIn in the initial days after it began trading in May 2011. That stock had a small float of just 7.84 million shares, compared with the 421 million shares Facebook sold.

At the $38-a-share IPO price, Facebook would trade at over 100 times historical earnings, versus Apple Inc's 14 times and Google Inc's 19 times.

Even among the skeptical, there is a good deal of caution in facing down what is likely to be a stampede. As economist John Maynard Keynes famously noted, the market can stay irrational longer than investors can stay solvent.

"Facebook is the kind of stock that, if you don't like it, you simply avoid it," said Mohannad Aama, managing director at Beam Capital Management LLC in New York.

(Editing by David Gaffen and Bernadette Baum)

http://finance.yahoo.com/news/shorting-facebook-first-day-tough-143541954.html



OldBen 

Wednesday, May 23, 2012 7:04:31 PM

Re: alien42 post# 200545

Post # of 200569

THAT is as false as information regarding FFGO as could possibly be posted.

The reason that the SEC revoked FFGO was not so there "could be no more victims."

If that was the case then FFGO principals would be up on criminal charges like so many NSS types that are on criminal charges (Wolfson, Corzine, Raj R., etc. ring any bells). The FFGO principals would be prevented from creating any more victims.

Additionally, if the SEC wanted to prevent victims, the SEC would also have had a settlement that included the current share price at the time of revocation PLUS any NSS that exists in FFGO.

Clearly, neither scenario has yet to play out. So, to praise the SEC for preventing victims is as false as information as could possibly be posted.



SevenTenEleven 

Wednesday, May 23, 2012 12:50:03 PM

Re: maddog gene post# 1429

Post # of 1433

GNCP - Should see things get moving after the holiday weekend, IMO.




Rocket Man 

Wednesday, May 23, 2012 11:12:53 PM

Re: None

Post # of 200574

FFGO has an interesting topic flying around the web, outerspace, yaddda yadda.. Truth be told it appears after all these years the eyes from above are now seriously watching FFGO.. The cold winter day will bring shivers down shorties legs.. Shorty may best look deep, imo..


Quote:
--------------------------------------------------------------------------------

sorry man from mars !!!!!

yes puplic record several times shows 8 billion shares in the float .................... all other 76 billion shares are restricted and also public record ......

so moon god !!!! there were 8 billion shares left to buy and my investment group took em all !!!!! 8 billion ,456,million even steven .........

so what about xxx , xxxx , xxxx , rocket man, xxxx . xxx, xxxxxpan , bmfl (lol) , and thousands more in the buck a share club

yes totalling over 200 billion shares that are electronically markered for mms 2 cover come judgement day just around the corner !!!!!! have fun on your space adventures alien

we have a short share dilema here and its gonna get complicated real quick !!!!!!!! (RM emphasis is mine.. SWEET!) fumf
--------------------------------------------------------------------------------


Just a little short? I wouldn't want to be, at all~



SevenTenEleven 

Wednesday, May 23, 2012 11:15:27 PM

Re: varmit post# 200568

Post # of 200574

FFGO DIVIDEND based upon $60B?


Quote:
--------------------------------------------------------------------------------
ffgo dividend

very very incorrect there tommy .......... well u r right and true that ffgo has no dividend and will not ever ever issue one !!!!!!!! the issue will be from nmgl as they legally binding own the rights to bouse and s.c when the checklist has been finalled

yup any day now u will see the results of all the managements hard hard work to liquidate those 2 mines all while gold has sustained an average of 16oo an ounce !!!!!!!!

divvies from nmgl soon to be released ,,,,,


ffgo has nothing 2 do except a simple announcement !!!!!!!!!!!!!!!!!!!!!!! again i repeat ffgo is not giving us our dividend ...... they already have secured by nmgl worth over 60 billion in assetts of oatman ,yaba , and other mines ........ nice little cushion inn this recession ......

60 billion in gold values soon 2 be 120 billion

varmit says cuz varmiy cares
--------------------------------------------------------------------------------

TIC TOC




SevenTenEleven 

Wednesday, May 23, 2012 11:16:49 PM

Re: RoadLessTraveled post# 200569

Post # of 200574

Halted does not mean canceled!


Quote:
--------------------------------------------------------------------------------
The dividend process was halted back on 2/28/2011 when NMGL lost its NV Business License.
--------------------------------------------------------------------------------



Still waiting for that documentation proving cancelation of the dividend process.

Good Luck!




Rocket Man 

Wednesday, May 23, 2012 11:23:21 PM

Re: None

Post # of 200574

FFGO~ The fun thing is that we see such intense back and forth in FFGO.. For I, one who goes back to ADVN and GWGO days to present, see the truth.. I witnessed it all.. Shorty has a problem among others.. Time for some house cleaning in FFGO. I presume the PTB know who is who.. Nice! Sleep tight.. Go WD & NMGL!!

Let me know if we need to show the cold winter day, 02/17/2011.. Charts are on me.. Screen shots as well.



SevenTenEleven

Wednesday, May 23, 2012 11:23:18 PM

Re: janice shell post# 26035

Post # of 26042

Looks like FB ran the ultimate pump and dump.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75875734

Some claim it "only" happens in the pinks.

FB will be FACEE soon enough. LOL!



SevenTenEleven

Wednesday, May 23, 2012 11:31:05 PM

Re: janice shell post# 26045

Post # of 26047

I'm sorry that I added an extra "E". Oh well. My bad.

FACE it, people were Zuckered!

FB will burn through billions in cash with countless lawsuits.

Nothing like GS type FRAUD alive and well four years after they were bailed out by tax payers.




janice shell

Share
Wednesday, May 23, 2012 11:40:20 PM
Re: SevenTenEleven post# 26047

Post # of 26050
What? Lawsuits are expensive, but they don't cost billions. Facebook has plenty of money.

What? The Facebook mess has nothing to do with what happened in the 2008 crisis.




SevenTenEleven 

Wednesday, May 23, 2012 6:13:16 PM

Re: Bull Finch post# 909

Post # of 913

Knight Capital: Facebook Trading Losses May Rise To $35M

Last update: 5/23/2012 5:39:26 PM

By Jacob Bunge Of DOW JONES NEWSWIRES

Knight Capital Group Inc. (KCG) may suffer pre-tax losses of up to $35 million linked to its trading in Friday's glitch-ridden initial public offering of Facebook Inc. (FB) on the Nasdaq Stock Market, the company disclosed Wednesday. The market-making firm is "evaluating all remedies available under law," according to a regulatory filing, as it seeks to recover losses and has submitted documents to Nasdaq OMX Group Inc. (NDAQ), which plans to pay back some losses related to the IPO. "There are no assurances that the company will be able to recover any of its losses resulting from the numerous issues and problems at NASDAQ relating to the trading of Facebook," officials with Knight wrote in the filing. "As a result of this loss, the Company's second quarter results of operations will be adversely impacted." Knight, based in Jersey City, N.J., is among the biggest market-makers on U.S. stock exchanges and a major handler of stock orders from retail investors, which discount brokerage firms route to Knight.




SevenTenEleven 

Wednesday, May 23, 2012 11:32:41 PM

Re: puppydotcom post# 200575

Post # of 200579

DIVIDEND COMING!

GOOD LUCK!




SevenTenEleven 

Wednesday, May 23, 2012 11:38:10 PM

Re: puppydotcom post# 200579

Post # of 200582

nope, sorry no divvy is ever coming

too bad .. - puppydotcom

Correct! No dividend coming to investors who do not own shares!

Great to be a shareholder!

Tic Toc



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-23 22:45:23)

Offline

 

#1588 2012-05-24 18:06:48

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



varmit

Thursday, May 24, 2012 4:21:13 PM

Re: puppydotcom post# 200577

Post # of 200642

I need not x-plain dog !!!!!!

there are several 8 ks explaining the shares are preferreds in nmgl ....they dont need ffgo to issue anything they already have

thats why the quicksilver ta has no info cuz they dont have any shares !!!!!! do u understand this stunbborn old dog !!!!!!!!!!

evn if we get no announcement our shares will go into our brokerage accounts automaticaklly

but what is the problem sir !!!!! is the 200 billion short shares that u are a part of thats your issue !!!!!!!!

the wolves are a howlin !!!!!!



SevenTenEleven 

Wednesday, May 23, 2012 11:51:34 PM

Re: RoadLessTraveled post# 200583

Post # of 200656

I am still waiting for public documentation of any kind that NMGL was successful in acquiring that required 100% ownership of Bouse & South Copperstone that they are now purportedly selling.

Or does simply repeating over and over and over again that it has happened somehow make it real? - RoadLessTraveled

Still waiting for the documentation that the company has canceled the dividend process.

I guess repeating over and over again that it has happened somehow makes it real.

Good Luck!



LAMBSHIFT   

Thursday, May 24, 2012 5:01:26 AM

Re: puppydotcom post# 200582

Post # of 200657

"...and ran away with everyones money" : how much money? this small amount?
at the beginning of 2010 there were about 30 bil FFGO shares o/s.
in 2010 there have been several debt-to-equity swaps creating about 45 bil additional shares and so we have the well known 75 bil o/s. if I remember correctly there are two points to remark: these 45 bil shares are "real" shares and I think they are in cert form. what are the summed up trading numbers for FFGO shares until August 2010? who has these numbers?



LAMBSHIFT   

Thursday, May 24, 2012 5:11:14 AM

Re: RoadLessTraveled post# 200583

Post # of 200659

I think all longterm shareholders are waiting for this "public documentation", while several people may fear it. I don´t see any reason, why there shouldn´t be negotiations "behind the scenes", if we follow this way. then by paying the necessary fees the business license of NMGL could be renewed and the deal could become a "done deal".




SevenTenEleven 

Thursday, May 24, 2012 8:51:42 AM

Re: RoadLessTraveled post# 200585

Post # of 200659

Neither FFGO nor NMGL will ever announce that the dividend process is canceled so I am not sure why that continues to be an issue. - RoadLessTraveled

I AGREE!

DIVIDEND COMING!

GOOD LUCK!



AlanC

Thursday, May 24, 2012 9:08:34 AM

Re: SevenTenEleven post# 200590

Post # of 200659

Finally it looks like those who had a hard time understanding the plan now realize our dividend will be coming from NMGL. FFGO will send emails to those who have registered previously to receive them. Go FFGO!!!



AlanC

Thursday, May 24, 2012 9:12:43 AM

Re: AlanC post# 199492

Post # of 200659

Did you know FFGO management has been fighting the naked shorting of its stock for almost 7 years? Did you know that the stock was billions short back in 2006? Did you know that management tried hard to force those short to cover and regulators failed to enforce existing rules and regulations and allowed the naked shorters to continue to sell more non existant shares into the markets? Did you know management used every method available to them to try and thwart the attacks including multiple dividends and even reverse splitting the stock and still the naked shorters continued to sell non existant shares trying to drive FFGO into bankruptcy? Thanks management for being such warriors! Thanks for developing a plan that will insure that your shareholders are compensated for the suffering endured at the hands of the criminal naked shorters. Thanks for your courage and your caring.
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

Thanks to BullFinch for this DD:

Great West Gold, Inc. Continues
To Monitor Short Selling
NEW YORK, May 8, 2006 – Great West Gold, Inc. (OTC BB:GWGO) confirms that BUYINS.NET, www.buyins.net, continues its coverage of Great West Gold, Inc. (OTCBB: GWGOE) after releasing the latest short sale data through May 2006. From January 2005 to May 2006 approximately 28.73 billion total aggregate shares of GWGOE have traded for a total dollar value of nearly $22.7 million. The total aggregate number of shares shorted in this time period is approximately 2.21 billion shares. The GWGOE SqueezeTrigger price of $0.00079 is the volume weighted average short price of all short selling in GWGO. A short squeeze started when shares of GWGOE closed above $0.00079. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net/.
Press Release

Great West Gold, Inc. Email:investor@greatwestgold.com

http://www.greatwestgold.com/pdfs/080506_GWG_PR_Buyins_Report.pdf


Great West Gold, Inc. – Squeeze Trigger Report
NEW YORK, NY, February 21, 2006, Great West Gold, Inc. (OTC BB: GWGO) announced on February 16, that www.buyins.net, is initiating coverage of Great West Gold, Inc. (OTCBB: GWGO) after releasing the latest short sale data through February 2006. From January 2005 to February 2006 approximately 20.59 billion total aggregate shares of GWGO have traded for a total dollar value of nearly $12.35 million. The total aggregate number of shares shorted in this time period is approximately 1.59 billion shares. The GWGO SqueezeTrigger price of $0.0006 is the volume weighted average short price of all short selling in GWGO. A short squeeze is expected to begin when shares of GWGO close above $0.0006. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://buyins.net/squeezetrigger.pdf.
Press Release

Great West Gold, Inc. Email:investor@greatwestgold.com

http://www.greatwestgold.com/pdfs/210206_GWG_PR_Squeeze_Trigger_Report.pdf


Great West Gold, Inc. –
Share Price And Trading Activity
NEW YORK, NY, February 17, 2006, Great West Gold, Inc. (OTC BB: GWGO) confirms that it has noted that its share price traded at a new low yesterday with in excess of 1 billion shares being traded on that day.
The Company has requested an urgent “Squeeze Trigger” Report from www.buyins.net in respect of the Company’s trading including yesterday and upon receipt of this report, it will be published by the Company.
Press Release
Great West Gold, Inc. Email:investor@greatwestgold.com

http://www.greatwestgold.com/pdfs/170206_GWG_PR_Trading_Activity.pdf


Great West Gold, Inc. – Update On Naked Short Selling
Great West Gold (“GWGO”) Report
NEW YORK, December 27, 2005 – Great West Gold, Inc. (OTC BB:GWGO) announced on November 8, 2005 that Great West Gold, Inc. has now subscribed to a service that will “expose” all naked short positions in its stock on a monthly basis. The Company undertook to publish this list on its web site and issue a Press Release disclosing full details contained in that monthly report. Great West Gold, Inc. is now determined to attack those who are involved in the illegal naked short selling of its stock.
Press Release
Great West Gold, Inc. Email:investor@greatwestgold.com



http://www.greatwestgold.com/pdfs/271205_GWG_PR_Update_on_Short_Selling.pdf


Great West Gold, Inc. – UPDATE ON NAKED SHORT NEW YORK, November 9, 2005 – Great West Gold, Inc. (OTC BB:GWGO) announced on November 8, 2005 that Great West Gold, Inc. has now subscribed to a service that will “expose” all naked short positions in its stock on a monthly basis. The Company undertook to publish this list on its web site and issue a Press Release disclosing full details contained in that monthly report. Great West Gold, Inc. is now determined to attack those who are involved in the illegal naked short selling of its stock.
Press Release
Great West Gold, Inc. Email:investor@greatwestgold.com


http://www.greatwestgold.com/pdfs/091105_GWG_PR_Update_on_Short_Selling.pdf
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



Dhoraji   

Thursday, May 24, 2012 9:12:57 AM

Re: LAMBSHIFT post# 200589

Post # of 200659

Negotiated settlement is only way for SHORTY to escape, through FINRA and SEC.
Liquidating Dividend is separate issue, which Peter and Ron are working very hard
to achieve, because they both and all insiders are the main beneficiaries.
They all are having real shares in form of the certificates and not air shares.
We are willing to support Management as long as they are doing their job with
honesty and unnecessary delay.
A little positive hint from them will be very much appreciated by all of us.



AlanC

Thursday, May 24, 2012 9:14:13 AM

Re: LAMBSHIFT post# 200588

Post # of 200659

FINRA provides the evidence in black and white. Total volume traded for the day and the percentage of the total volume that were short sales. The numbers are staggering. Over 90% and
FINRA admits there numbers are on the low side. UBSS and Credit Suisse fined by regulators for mismarking short trades and calling them long. It is likely that every single share sold in the past two years did not exist. 100% short sales! Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

FINRA short sale numbers for Novemeber 2010 for FFGO!!!

20101101|FFGO|2849999|3849999|0 74%
20101102|FFGO|1750000|1750000|O 100%
20101103|FFGO|7000000|7107200|O 98%
20101104|FFGO|2000000|2000000|O 100%
20101105|FFGO|7999999|10999999|O 73%
20101108|FFGO|15050000|26500000|O 57%
20101110|FFGO|1000000|2898917|O 34%
20101111|FFGO|2419999|2419999|O 100%
20101112|FFGO|3100000|3200000|O 97%
20101116|FFGO|1000000|1340000|O 75%
20101117|FFGO|6000001|10778584|O 56%
20101118|FFGO|2000000|4014600|O 50%
20101122|FFGO|19845000|19845000|O 100%
20101123|FFGO|500000|1000000|O 50%
20101130|FFGO|20385000|21035000|O 97%
Nov. totals: 79,354,998.00 107,739,299.00 74% sold short

Here are the FINRA short sale numbers for December 2010:

20101202|FFGO|999999|999999|O 100%
20101203|FFGO|615000|4585000|O 13%
20101206|FFGO|1100000|1220000|O 90%
20101207|FFGO|700000|3700000|O 19%
20101208|FFGO|750000|1017259|O 74%
20101209|FFGO|2500000|4500000|O 56%
20101210|FFGO|57089999|74194973|O 77%
20101213|FFGO|6000000|10005000|O 59.7%
20101214|FFGO|28900077|31695902|O 91%
20101215|FFGO|5500000|5704441|O 96%
20101216|FFGO|33250000|54755000|O 61%
20101217|FFGO|8890998|9340998|O 95%
20101220|FFGO|5615800|6660800|O 84%
20101221|FFGO|9600000|11200000|O 86%
20101222|FFGO|24577777|31723803|O 77%
20101227|FFGO|154399995|176901620|O 87%
20101228|FFGO|4999999|4999999|O 100%
20101229|FFGO|9382269|9426819|O 100%
20101230|FFGO|7000000|7010000|O 100%
20101231|FFGO|4081168|8192303|0 50%
Dec. totals: 361,453,081.00 457,833,916.00 79%


2010 short sale totals: 440,808,079. out of a total volume of 565,573,215 or 78% shares sold short. Note well the SEC only started publishing FINRA's daily short sale numbers in Nov. of 2010.


January 2011

20110103|FFGO|20000000|22953402|O 87%
20110104|FFGO|9100000|9400000|O 96.8%
20110105|FFGO|8250000|13250000|O 62.3%
20110106|FFGO|11000000|11220000|O 98%
20110107|FFGO|9999999|9999999|O 100%
20110110|FFGO|400000|900000|O 44%
20110111|FFGO|1500000|2000000|O 75%
20110112|FFGO|1400000|1400000|O 100%
20110113|FFGO|1300000|1800000|O 72%
20110114|FFGO|23859999|38587151|O 61%
20110118|FFGO|3000400|3400400|O 88%
20110120|FFGO|7499999|8099999|O 92.5%
20110124|FFGO|1800000|1800000|O 100%
20110125|FFGO|800000|800000|O 100%
20110126|FFGO|10000000|10000625|O 99.9%
20110131|FFGO|317800|317800|O 100%


February 2011

20110202|FFGO|20700000|36210000|O 57%
20110203|FFGO|13400000|38601000|O 34.7%
20110209|FFGO|200000|365000|O 54.7%
20110210|FFGO|2900000|3700000|O 78.3%
20110211|FFGO|500000|4970000|O 10%
20110214|FFGO|2000000|2006250|O 99.6%
20110216|FFGO|17700000|27770000|O 63%
20110217|FFGO|525499999|528499999|O 99.4% COLD WINTER DAY
20110218|FFGO|7600000|8725000|O 87.1%
20110222|FFGO|10000000|10526708|O 94.9%
20110223|FFGO|2000000|2700000|O 74%
20110225|FFGO|1000000|1455000|O 68.7%

March 2011

20110301|FFGO|1000000|0|1350000|O 74%
20110303|FFGO|1795000|0|3492848|O 51%
20110304|FFGO|100000|0|100000|O 100%
20110307|FFGO|1800000|0|1800000|O 100%
20110311|FFGO|500000|0|500000|O 100%
20110314|FFGO|2000000|0|2000000|O 100%
20110315|FFGO|3500000|0|4500000|O 77.7%
20110316|FFGO|11500000|0|11500650|O 99.99%
20110317|FFGO|3114000|0|3617357|O 86%
20110318|FFGO|13020000|0|13020000|O 100%
20110324|FFGO|150000|0|701113|O 21%
20110325|FFGO|110000|0|110000|O 100%
20110329|FFGO|1497300|0|1497300|O 100%
20110331|FFGO|1999999|0|3430269|O 58%

April 2011

20110404|FFGO|5891100|0|6651100|O 88.5%
20110405|FFGO|126400|0|126400|O 100%
20110406|FFGO|150000|0|150000|O 100%
20110411|FFGO|456000|0|456000|O 100%
20110413|FFGO|876543|0|876543|O 100%
20110414|FFGO|4100000|0|4741400|O 86.4%
20110415|FFGO|1500000|0|2500000|O 65%
20110420|FFGO|100000|0|100000|O 100%
20110421|FFGO|1560000|0|1560000|O 100%
20110425|FDTC|4000|0|25000|O 16%
20110426|FFGO|1000000|0|1000162|O 99.9%
20110427|FFGO|1000000|0|1000000|O 100%
20110428|FFGO|8072700|0|8322700|O 96.9%
20110429|FFGO|30210000|0|30210000|O 100%

May 2011

20110502|FFGO|4476700|0|4476700|O 100%
20110503|FFGO|7338600|0|10788600|O 68%
20110504|FFGO|2000000|0|2000000|O 100%
20110505|FFGO|1620000|0|2140000|O 75.7%
20110506|FFGO|1500000|0|1505583|O 99.6%
20110509|FFGO|1000000|0|1000000|O 100%
20110511|FFGO|3000000|0|3040000|O 88.2%
20110512|FFGO|7200000|0|8200000|O 87.8%
20110516|FFGO|8200000|0|8300000|O 98.7%
20110517|FFGO|4099900|0|4199900|O 97.6%
20110518|FFGO|585000|0|585000|O 100%
20110520|FFGO|1000777|0|1000777|O 100%
20110523|FFGO|2000000|0|2000000|O 100%
20110524|FFGO|500000|0|800000|O 62%
20110525|FFGO|18585000|0|18585000|O 100%
20110527|FFGO|1000000|0|1000000|O 100%
20110531|FFGO|7628700|0|8031462|O 94.9%

June 2011

20110603|FFGO|400000|0|400000|O 100%
20110606|FFGO|2710000|0|2710000|O 100%
20110607|FFGO|24000000|0|24000000|O 100%
20110608|FFGO|173800|0|173800|O 100%
20110609|FFGO|2500000|0|2500000|O 100%
20110610|FFGO|83100|0|83100|O 100%
20110614|FFGO|1500000|0|1500000|O 100%
20110615|FFGO|1000000|0|1000000|O 100%
20110616|FFGO|2000000|0|2000000|O 100%
20110617|FFGO|1105223|0|1355223|O 81.5%
20110621|FFGO|423000|0|423000|O 100%
20110623|FFGO|1000000|0|1000000|O 100%
20110624|FFGO|3401333|0|3401333|O 100%
20110629|FFGO|8619200|0|8619200|O 100%
20110630|FFGO|200400|0|200400|O 100%

July 2011

20110701|FFGO|5497995|0|5497995|O 100%
20110706|FFGO|400400|0|700400|O 57%
20110711|FFGO|500000|0|1400000|O 35%
20110714|FFGO|1102699|0|1102699|O 100%
20110715|FFGO|300100|0|400100|O 75%
20110718|FFGO|10850000|0|10850000|O 100%
20110719|FFGO|74000000|0|74000000|O 100%
20110720|FFGO|54100000|0|54100000|O 100%
20110722|FFGO|30000000|0|30000000|O 100%
20110725|FFGO|10346500|0|10346500|O 100%
20110727|FFGO|2400100|0|3400100|O 70.5%

August 2011

20110801|FFGO|8900000|0|8900000|O 100%
20110803|FFGO|5550000|0|5550000|O 100%
20110804|FFGO|7000100|0|10325100|O 67%
20110805|FFGO|5573333|0|5723333|O 100%
20110808|FFGO|405800|0|405800|O 100%
20110809|FFGO|3400000|0|3500000|O 97.1%
20110811|FFGO|3279000|0|3279000|O 100%
20110812|FFGO|100100|0|100100|O 100%
20110815|FFGO|14500000|0|14500000|O 100%
20110816|FFGO|1000000|0|1000000|O 100%
20110817|FFGO|10490000|0|10490000|O 100%
20110818|FFGO|4000000|0|4000000|O 100%
20110822|FFGO|467000|0|467000|O 100%
20110823|FFGO|55633600|0|55633600|O 100%
20110824|FFGO|500000|0|500000|O 100%
20110825|FFGO|750000|0|750000|O 100%
20110829|FFGO|1500000|0|1500000|O 100%
20110831|FFGO|45327062|0|61885560|O 73.2%


September 2011

20110901|FFGO| 777000|0| 832000|O 93.3%
20110902|FFGO|4000000|0|4000000|O 100%
20110908|FFGO|1920000|0|1920000|O 100%
20110909|FFGO|2500000|0|2500000|O 100%
20110913|FFGO|5000000|0|5299100|O 94.3%
20110914|FFGO|3000000|0|3000000|O 100%
20110923|FFGO|2000000|0|2320000|O 86.2%
20110928|FFGO|1000600|0|1125600|O 88.8%

Month totals: 20,197,600/20,996,700 96.1%

October 2011

20111003|FFGO|500000|0|500000|O 100%
20111004|FFGO|2000000|0|2000000|O 100%
20111005|FFGO|310000|0|590000|O 52.5%
20111006|FFGO|600000|0|1600000|O 37.5%
20111010|FFGO|100000|0|100000|O 100%
20111012|FFGO|2010000|0|2390000|O 84.1%
20111013|FFGO|2999999|0|2999999|O 100%
20111014|FFGO|4000000|0|4000000|O 100%
20111018|FFGO|8000000|0|11000000|O 72.7%
20111019|FFGO|1000000|0|1000000|O 100%
20111026|FFGO|2150000|0|2150000|O 100%


Month totals: 23,659,999/28329,999 83.5%

FFGO YEAR TO DATE

JAN 110,228,197/ 135,899,376
FEB 603,499,999/ 665,528,957
MAR 42,086,299/ 47,619,537
APR 55,046,743/ 57,719,305
MAY 71,734,677/ 77,653,022
JUN 49,116,056/ 49,366,056
JLY 189,497,794/ 191,797,794
AUG 168,375,995/ 188,509,493
SEP 20,197,000/ 20,996,700
OCT 23,659,999/28,329,999
Year to date totals

1,333,442.759/ 1,453,420,239 91.7% SHORT VOLUME for shares sold in 2011

regsho.finra.org/FORFshvol20110324.txt
Total short volume since FINRA began publishing records in Nov. 2010:
1,774,250,838 short shares sold out of total volume of 2,018,993,454 or 87.9% of all shares sold were sold short!
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!




stoprun   

Thursday, May 24, 2012 9:19:12 AM

Re: puppydotcom post# 200592

Post # of 200659

Yes and so are the shorties, who are trapped like a ???




SevenTenEleven 

Thursday, May 24, 2012 9:23:25 AM

Re: Dhoraji post# 200596

Post # of 200659

Dhoraji, it is rumored that those illegally short have been attempting to negotiate and persuade the principles to walk away from the dividend. Why would a nonexistent short be so persistent in their attempts? There is nothing for a nonexistent short to be concerned with if these rumors are true.

Looking forward to the dividend being distributed as cash.

Will it be $0.003449, as outlined in the SEC Form 8-K filings? Or will it be $1.60/share based upon the $120B calculations by varmit?

Either way, those illegally short have huge liability and one can easily understand why they would be rumored to be pressing so hard on the principles to give up and walk away.

DIVIDEND COMING!




SevenTenEleven 

Thursday, May 24, 2012 9:32:54 AM

Re: AlanC post# 200595

Post # of 200659

AlanC, Just a little while longer and shareholders will see the reward for their patience and for the company's hard work.

Will that cash payout be $0.003449? Will it be based upon $120B ($1.60/share), as speculated by varmit?



Cody4   

Thursday, May 24, 2012 9:48:46 AM

Re: AlanC post# 200593

Post # of 200659

FFGO will send emails to those who have registered previously to receive them. Go FFGO!!!

The last email I received was 09/10-2010
" Fortress Financial Group, Inc. - Comprehensive Shareholder Update"

Does this mean I'm on their list ?



SevenTenEleven 

Thursday, May 24, 2012 11:38:50 AM

Re: alien42 post# 200622

Post # of 200659

DIVIDEND COMING!

JUST AS THE COMPANY HAS FILED WITH THE SEC AND HAS COMMUNICATED WITH SHAREHOLDERS!

TIC TOC



paunch13   

Thursday, May 24, 2012 11:47:51 AM

Re: SevenTenEleven post# 200623

Post # of 200659

Seven
That is going to be great when the divis do come and I hope since the gold is much higher now just maybe the divi will be much higher also
John



Lebron23   

Thursday, May 24, 2012 12:52:53 PM

Re: paunch13 post# 200624

Post # of 200659

paunch13/varmit/SevenTenEleven: If NMGL sells mine interests for more than what the dividend was computed on.....NMGL pockets the difference as their gain. Correct?
i.e....it is my understanding that our dividend rate is fixed and will not change based on changes in price of gold.



paunch13   

Thursday, May 24, 2012 12:56:42 PM

Re: Lebron23 post# 200627

Post # of 200659

Lebron23
I don't know but they did say we would be happy when the divi was given out and for me to be happy I would expect a higher amount since they would be makeing two times the amount now with gold that much higher
John



wrenchman 

Thursday, May 24, 2012 4:55:50 PM

Re: RoadLessTraveled post# 200617

Post # of 200659

June 30 2012 is the date i am watching as should you so that leaves just over a month!!TIC TOC!!!




paunch13   

Thursday, May 24, 2012 5:06:39 PM

Re: wrenchman post# 200643

Post # of 200660

Wrenchman
As soon as FFGO pays off and it will soon we will through the biggest part this world has ever seen for all the share holders and if you are not a share holder shame on you
John



SevenTenEleven 

Thursday, May 24, 2012 5:18:46 PM

Re: RoadLessTraveled post# 200617

Post # of 200661

SHORTS MUST GET SHAREHOLDERS, HOLDING ELECTRONIC MARKERS, TO WRITE DOW AND WRITE OFF THEIR INVESTMENT. IF THEY DO NOT, THE MARKET MAKERS AND THEIR ILLEGAL SHORT SELLING CLIENTS ARE ON THE HOOK FOR $0.003449/SHARE OR MORE.

CLAIMS CONTRARY TO WHAT THE COMPANY HAS FILED WITH THE SEC, AND HAS COMMUNICATED WITH SHAREHOLDERS, ARE UNSUBSTANTIATED, AND ACCORDING TO THE SEC, SHOULD BE CONSIDERED WITH CAUTION.

THE COMPANY AND THE SHAREHOLDERS WILL BE REWARDED FOR THEIR PATIENCE AND FORTITUDE.

GOOD LUCK!



SevenTenEleven 

Thursday, May 24, 2012 5:23:57 PM

Re: wrenchman post# 200643

Post # of 200661

SHORTS ARE IN A BAD SPOT RIGHT NOW! THEY HAVE NO WAY OUT! ONLY HOPE IS TO MOTIVATE SHAREHOLDERS, HOLDING ELECTRONIC MARKERS, TO WRITE OFF THEIR SHARES.



Rocket Man 

Thursday, May 24, 2012 5:24:14 PM

Re: None

Post # of 200661

A FFGO insider has filed a form 15 /12 - 4 on NMGL..

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8640292



SevenTenEleven 

Thursday, May 24, 2012 5:27:20 PM

Re: Rocket Man post# 200648

Post # of 200661

ROCKETMAN, THIS MEANS THAT NMGL IS NOT REQUIRED TO FILE PERIODIC FINANCIALS WITH THE SEC!

SO THOSE CHECKING DAILY WILL HAVE ONE LESS THING TO BE ACCOUNTABLE FOR.

IT APPEARS THAT THE SALE OF THE MINES IS JUST ABOUT COMPLETE AND IT APPEARS THAT IT WILL ALL BE DONE WITHOUT SHORTS BEING FULLY AWARE OF HOW BAD IT IS GOING TO DRAIN THEIR OFF-SHORE ACCOUNTS.



SevenTenEleven

Thursday, May 24, 2012 5:31:15 PM

Re: indebt2 post# 200650

Post # of 200662

IT MEANS THAT THE COMPANY IS NO LONGER REQUIRED TO FILE PERIODIC FINANCIALS WITH THE SEC BECAUSE THERE ARE ONLY 35 SHAREHOLDERS!


Quote:
--------------------------------------------------------------------------------
Rule 12g-4 -- Certifications of Termination of Registration Under Section 12(g)


Termination of registration of a class of securities under section 12(g) of the Act shall take effect 90 days, or such shorter period as the Commission may determine, after the issuer certifies to the Commission on Form 15 (17 CFR 249.323) that the class of securities is held of record by:

Less than 300 persons; or

Less than 500 persons, where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's most recent three fiscal years.

The issuer's duty to file any reports required under section 13(a) shall be suspended immediately upon filing a certification on Form 15; Provided, however, That if the certification on Form 15 is subsequently withdrawn or denied, the issuer shall, within 60 days after the date of such withdrawal or denial, file with the Commission all reports which would have been required had the certification on Form 15 not been filed. If the suspension resulted from the issuer's merger into, or consolidation with, another issuer or issuers, the certification shall be filed by the successor issuer.
--------------------------------------------------------------------------------

LOOKS LIKE RON IS STILL AROUND!

CALIMS THAT HE DISAPPEARED APPEAR TO HAVE BEEN PROVEN INCORRECT!




SevenTenEleven 

Thursday, May 24, 2012 5:49:00 PM

Re: medchal post# 200653

Post # of 200662

FFGO - NMGL JUST FILED A FORM 15 TODAY. LOOKS LIKE THEY HAVE NOT ABANDONED THE SHELL AS HAS BEEN CLAIMED. LOOKS LIKE THEY ARE NO LONGER REQUIRED TO FILE 10K's OR 10Q's! CLAIMS OF REVOCATION NOW JUST FADING FANTASY!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75956304

GOOD LUCK!



paunch13   

Thursday, May 24, 2012 6:15:28 PM

Re: SevenTenEleven post# 200655

Post # of 200662

Seven
Thgat notice means that they are still working on the sale of the gold mines and that they are getting real close to finishing , congratulations to all shareholders
John


SevenTenEleven 

Thursday, May 24, 2012 6:18:39 PM

Re: AlanC post# 200598

Post # of 200662

FFGO - WOW! RON FILED A FORM 15 FOR NMGL TODAY!

ALL OF THE FANTASY CLAIMS THAT THE PRINCIPLES HAVE WALKED AWAY FROM THE DIVIDEND CAME SCREECHING TO A HALT! JUST LIKE THE TEMPORARY HALT PUT ON KEEPING THE ILLEGAL NAKED SHORT SELLERS INFORMED.

LOOKS LIKE THINGS ARE MOVING IN THE RIGHT DIRECTION FOR SHAREHOLDERS!

NOT SO MUCH FOR THOSE HOLDING THE MARGIN REQUIREMENTS!

TIC TOC



SevenTenEleven 

Thursday, May 24, 2012 6:19:40 PM

Re: Anvil post# 200657

Post # of 200663

Looks like the worm is about to turn on the naked short sellers.

Looking forward to the dividend!

Good Luck!



paunch13   

Thursday, May 24, 2012 6:36:31 PM

Re: SevenTenEleven post# 200659

Post # of 200663

Seven
When this gets finished and all of us shareholders gets our money and shorty has to do the paying I hope it is announced to the whole world and is puts a stop to all naked shorting
John



wrenchman 

Thursday, May 24, 2012 6:37:56 PM

Re: SevenTenEleven post# 200659

Post # of 200664

Down with the NUDE and not so tall salesmen or NSS as most know them JUNE 30 2012,NMGL filings end that date so i believe the heat is on!!



SevenTenEleven 

Thursday, May 24, 2012 6:47:22 PM

Re: puppydotcom post# 200662

Post # of 200664

FFGO has nothing to do with NMGL going dark .. NMGL could also just be going out of business as well. Form 15 is used for a number of things - pupydotcom

So now FFGO has nothing to do with NMGL? LOL!

Things must be getting REALLY REALLY CLOSE!

Tic Toc



SevenTenEleven 

Thursday, May 24, 2012 5:37:10 PM

Re: puppydotcom post# 1435

Post # of 1442

GNCP - MAYBE THEY WILL JUST FILE A FORM 15! JUST LIKE RON DID FOR NMGL DID TODAY!

TIC TOC



Lebron23   

Thursday, May 24, 2012 2:34:39 PM

Re: maddog gene post# 1432

Post # of 1442

maddog gene, it will be the Investor Relations rep's job to respond to your E-mail. We should see one soon!



SevenTenEleven 

Thursday, May 24, 2012 6:27:40 PM

Re: puppydotcom post# 1437

Post # of 1442

I have several post stating just that. No reason for NMGL to be reporting. They don't have a big share holder base especially now they have GNCC

its worse now for FFGO share holders, you'll hear less from now on

changes nothing, FFGO is gone ...

No deal was ever complete

Ron may even take RENS to form 15 also - puppydotcom

LOL!

DIVIDEND COMING!

GOOD LUCK!



SevenTenEleven 

Thursday, May 24, 2012 6:34:53 PM

Re: puppydotcom post# 1439

Post # of 1443

Sorry! But the change of course is in favor of shareholders and those awaiting distribution of the preferreds.

Expected the fantasy claims to evolve as the dividend got closer.

TODAY IT GOT CLOSER AND THE FANTASY CLAIMS HAVE CHANGED AS EXPECTED!

Looking forward to further information!

Appears that today, we are that much closer!

Good Luck!



SevenTenEleven 

Thursday, May 24, 2012 6:49:00 PM

Re: puppydotcom post# 1441

Post # of 1443

Nope SORRY! There are plenty of OTC company that trade under that rule. They are not required to file with the SEC, but they do file with the OTCmarkets.com

IT IS NOT THE SAME AS BEING REVOKED. JUST ANOTHER FANTASY!

no not true, its basically the same to common share holders as getting revoked

share holders are screwed ..

FORM 15, CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. - puppydotcom

GOOD LUCK!



SevenTenEleven 

Thursday, May 24, 2012 5:36:07 PM

Re: Rocket Man post# 7492

Post # of 7494

NMGL - CLAIMS OF REVOCATION CANCELED!

COMPANY DOES NOT HAVE TO PROVIDE THE SEC WITH PERIODIC FILINGS BASED UPON TODAY'S FORM 15!

LOOKS LIKE FANTASY CLAIMS OF THE COMPANY BEING ABANDONED HAVE BEEN PROVEN INCORRECT!

TIC TOC




SevenTenEleven 

Thursday, May 24, 2012 6:52:46 PM

Re: wrenchman post# 200661

Post # of 200670

FFGO - The fantasy claims will continue to evolve as the dividend gets closer to distribution.

Those short are in a very bad situation. They are either on the hook for $0.003449/share or if varmit is correct, $1.60/share.

Imagine that! $1.6B CASH for a billion shares purchased for $100K!

Nice to imagine the possibilities, but I will continue to expect $0.003449 to maybe $0.007. If varmit is correct and we see a buck or more, then PARTY!

Tic Toc



AlanC

Thursday, May 24, 2012 6:56:05 PM

Re: Rocket Man post# 200648

Post # of 200670

Why do I think we are yet another step closer to getting paid!
Guess all those posts claiming we had been abandoned and folks had run off with the money were fantasy! lol Go FFGO!!!



SevenTenEleven 

Thursday, May 24, 2012 6:56:59 PM

Re: puppydotcom post# 200667

Post # of 200670

NMGL filing form 15 HAS ZERO to do with FFGO ...

the choice was

file
or
get revoked
or
file form 15 and hope the SEC approves the form

no divvy is coming

as I said before - puppydotcom

What happened to Ron abandoning NMGL? Looks like he is still calling the shots!

He also still owns 17B shares of FFGO!

Tic Toc


5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Offline

 

#1589 2012-05-24 21:52:41

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



OldBen 

Thursday, May 24, 2012 7:22:03 PM

Re: alien42 post# 200599

Post # of 200699

One year ago, there was almost no NSS related criminal charges filed period. We have individuals, small firms, large firms, very large firms. You want me to name a NSS case in a very, very small portion of the entire market. A penny stock.

The fact that there are many NSS criminal cases should give you pause. Instead, you go for the argument that since they haven't prosecuted any NSS criminals "market making" penny stock companies, YET, then such companies must be scams and must not have any NSS.

A settlement for NSS cannot be "false" any more than an object can be false. The "car is false" or the "hammer is false." You could say that a settlement has not occurred in a penny stock YET.

There is a new process coming....You have only witnessed year one...More to come....whether you accept it or not...



diamondguru-one 

Thursday, May 24, 2012 7:26:32 PM

Re: puppydotcom post# 200662

Post # of 200699

WOW..thanks for all your support..tic toc



layton   

Thursday, May 24, 2012 7:44:42 PM

Re: AlanC post# 200669

Post # of 200699

Investopedia explains 'SEC Form 15'
When a company files an SEC Form 15, it usually means one of two things. It may mean that a company is ceasing to exist in a publicly-traded form, either returning to privately-held status or going out of business altogether. Alternatively, it may mean that a company is simply canceling a certain class of securities, replacing them with another class.

Read more: http://www.investopedia.com/terms/s/sec-form-15.asp#ixzz1vpl66JUt



SevenTenEleven 

Thursday, May 24, 2012 7:52:33 PM

Re: puppydotcom post# 200671

Post # of 200699

if you notice in order to file the form 15 you can not have more than 10 million in assets .. nmgl does not own any gold mines

time for folks to learn........ - puppydotcom

I AGREE! TIME TO EXPLAIN WHAT "OR" MEANS!

I WILL HIGHLIGHT AND UNDERLINE THE OR CLAUSE THAT PERTAINS TO NMGL!


Quote:
--------------------------------------------------------------------------------
Rule 12g-4 -- Certifications of Termination of Registration Under Section 12(g)


Termination of registration of a class of securities under section 12(g) of the Act shall take effect 90 days, or such shorter period as the Commission may determine, after the issuer certifies to the Commission on Form 15 (17 CFR 249.323) that the class of securities is held of record by:

Less than 300 persons; or

Less than 500 persons, where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's most recent three fiscal years.
--------------------------------------------------------------------------------

THAT "OR" IS THE KEY CLAUSE!

GOOD LUCK!




Lebron23   

Thursday, May 24, 2012 7:58:49 PM

Re: SevenTenEleven post# 200676

Post # of 200699

And I thought this week was going to end meekly....lol
I'll be honest - I have no clue what this Form 15 means.
I'm just glad to see a filing...any filing...lol



Lebron23   

Thursday, May 24, 2012 8:01:39 PM

Re: None

Post # of 200699

Box was checked for this: Rule 12g-4(a)(1)(i) x
Anybody look this up yet?



Lebron23   

Thursday, May 24, 2012 8:03:17 PM

Re: None

Post # of 200699

Rule 12g-4 -- Certification of Termination of Registration Under Section 12(g)



OldBen 

Thursday, May 24, 2012 8:03:36 PM

Re: AlanC post# 200669

Post # of 200699

Thanks, there are so many NSS cases, it is hard to keep up with them. I appreciate it.



SevenTenEleven 

Thursday, May 24, 2012 8:05:38 PM

Re: Lebron23 post# 200677

Post # of 200699

FFGO - Ron has millions to gain from the dividend being distributed. Possibly BILLIONS!

The principles are doing everything to protect shareholders from the abusive AND illegal naked short sellers.

Imagine if varmit is right about the assets being worth $120B!

Divide that by 75B shares and OUCH for those short! They would be on the hook for $320B for unreported and illegal positions they sold.

Those owning a billion shares or more would become instant BILLIONAIRES! NOT SO OUCH!

Ron owns 17B shares!

Do the math! It is mind blowing!

Tic Toc



SevenTenEleven 

Thursday, May 24, 2012 8:08:55 PM

Re: A deleted message

Post # of 200699

We shareholders will one day be rewarded. Remember, the biggest shareholders are the principles. They will make sure they take care of themselves. We are just along for the ride!



AKFish   

Thursday, May 24, 2012 8:10:40 PM

Re: SevenTenEleven post# 200684

Post # of 200699

can't help but smile when you do the math at $1.00 or more.



Dhoraji   

Thursday, May 24, 2012 8:14:44 PM

Re: SevenTenEleven post# 200681

Post # of 200699

All longs, please have faith in Peter and Ron. They are doing exactly,
what they are suppose to do. You must remember fight of David and
Goliath. In the end TRUTH always TRIUMPH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



SevenTenEleven 

Thursday, May 24, 2012 8:15:46 PM

Re: Dhoraji post# 200686

Post # of 200699

Imagine $1.60 Per Share!

Well, at least know that at least $0.003449 is coming!

Tic Toc



SevenTenEleven 

Thursday, May 24, 2012 8:18:16 PM

Re: AKFish post# 200685

Post # of 200699

I agree! Those smart enough to accumulate ahead of the revocation and smart enough to understand what a 100% tax loss would represent will be very satisfied when the dividend is distributed.

CASH IS KING!

$0.003449 to $1.60 is the range if some of the assumptions are in fact true!



Lebron23   

Thursday, May 24, 2012 8:21:21 PM

Re: SevenTenEleven post# 200684

Post # of 200700

We are just along for the ride!
This is the "Big Picture" point I have been making the last two years!!



SevenTenEleven 

Thursday, May 24, 2012 8:24:18 PM

Re: Lebron23 post# 200690

Post # of 200700

Imagine a few groups owning 200B shares and knowing they do!

Tic Toc



SevenTenEleven 

Thursday, May 24, 2012 8:48:13 PM

Re: uk peter1 post# 200692

Post # of 200700

LOL! 60 DAYS IT IS!

TIC TOC



SevenTenEleven 

Thursday, May 24, 2012 9:26:40 PM

Re: Anvil post# 200696

Post # of 200700

Have never seen a wells notice garnish so much attention. - Anvil

Please post proof of a wells notice.

Good Luck!



Rocket Man 

Thursday, May 24, 2012 9:56:56 PM

Re: AlanC post# 200669

Post # of 200701

Lol. We know that parking on a stock like FFO that is revoked is to be expected when there is a huge amount of data that supports a huge naked short position, just as longs are awaiting a final outcome.. I mean if I was naked short billions of shares at this point I would be scratching the walls fingers deep all night long.. I would feel betrayed. I would be angry.. I would be saying holy carp batman, I am in for heavy swells..

Sucks to be short and no way out, in FFGO.. lol

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8640292


Just a little short? I wouldn't want to be, at all~





SevenTenEleven 

Thursday, May 24, 2012 10:00:39 PM

Re: LAMBSHIFT post# 200589

Post # of 200701

I think all longterm shareholders are waiting for this "public documentation", while several people may fear it. I don´t see any reason, why there shouldn´t be negotiations "behind the scenes", if we follow this way. then by paying the necessary fees the business license of NMGL could be renewed and the deal could become a "done deal". - LAMBSHIFT

Looks like we are on our way!


AlanC

Thursday, May 24, 2012 7:21:00 PM

Re: SevenTenEleven post# 1436

Post # of 1451

I have this gut feeling that "next week" could be a very good week for shareholders! Go GNCP!!!



AlanC

Thursday, May 24, 2012 7:31:04 PM

Re: puppydotcom post# 1437

Post # of 1451

How about all your posts claiming shareholders had been abandoned? Will this NMGL filing make buying GNCP shares more expensive? Stay tuned. Go GNCP!!!



AlanC

Thursday, May 24, 2012 8:09:29 PM

Re: puppydotcom post# 1446

Post # of 1451

I think they have this all figured out and under control. Billions short will not be cheap to cover even at a set price!
Go GNCP!!!



AlanC

Thursday, May 24, 2012 8:24:46 PM

Re: AlanC post# 1447

Post # of 1451

Have you forgotten how many shares of FFGO Ron owns? lol
Go GNCP!!!
Gold up again today!



Rocket Man 

Thursday, May 24, 2012 9:35:03 PM

Re: AlanC post# 1449

Post # of 1451

Nope, like 17 billion..



Rocket Man 

Thursday, May 24, 2012 9:35:03 PM

Re: AlanC post# 1449

Post # of 1451

Edit: lol

http://www.otcmarkets.com/stock/GNCP/financials



SevenTenEleven 

Thursday, May 24, 2012 10:03:49 PM

Re: LAMBSHIFT post# 200588

Post # of 200704

I think all longterm shareholders are waiting for this "public documentation" - LAMBSHIFT

Is today's Form 15 a piece of public documentation that the shorts fear?

Tic Toc



SevenTenEleven 

Thursday, May 24, 2012 10:08:05 PM

Re: Rocket Man post# 200700

Post # of 200704

Revocation can be reversed. So can dissolutions!

Disillusions are a completely different discussion.

It appears that Ron is making sure he is paid for his 17B share investment at $0.0035/share.

I will side with Ron, and not unknown sources.

Tic Toc



Rocket Man 

Thursday, May 24, 2012 10:08:38 PM

Re: uk peter1 post# 200689

Post # of 200704

Nice to see you spoke with the company after all these years. He said, Ronnie is in charge of what? He implied that Ronnie kissed off 17 billion shares? Would you kiss off that many shares even at trip zero? Nope, nor would I. Probably not liquidating, imo.. But who knows with all the vitriol on all the sisters lately? There probably is a reason for that you know.. lol



Rocket Man 

Thursday, May 24, 2012 10:12:43 PM

Re: SevenTenEleven post# 200703

Post # of 200709

NMGL filed the document.. Things are in the works, so it seems. Nice! Seems like the serpent (NMGL) dealt a striking blow or even a fatal wound. FFGO has her assets in NMGL through WD..



SevenTenEleven

Thursday, May 24, 2012 10:14:00 PM

Re: Rocket Man post# 200704

Post # of 200710

Appears that the principles are about to pull the trigger on the dividend. All of that "behind the scenes" work by the naked shorts did not motivate, or scare the principles from reaching their objective.

I wonder if there were wire-taps or email taps on those attempts?

Tic Toc


SevenTenEleven 

Thursday, May 24, 2012 10:15:07 PM

Re: Rocket Man post# 200705

Post # of 200710

Remember, State Statues govern what FFGO will be able to do with asset distribution to shareholders. If there is doubt, or distort, just email FINRA!

Tic Toc



Lebron23   

Thursday, May 24, 2012 10:16:00 PM

Re: Rocket Man post# 200704

Post # of 200710

It really is a "Mosaic", lots of pieces to put together, and we don't have all the pieces to put together. It just seems to me that NMGL/FFGO/RENS/SJCH/GNCP...(and I'm probably missing a few) are all part of the Mosaic.
Feel like I am watching chess moves...and I really am not a good chess player...lol.
Hopefully it becomes clear at some point and even more hopefully, we shareholders are rewarded very nicely for our patience!!
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ !!!!


Bull Finch 

Thursday, May 24, 2012 10:18:55 PM

Re: Rocket Man post# 200704

Post # of 200711

Rumor is

uk pete1, Anvil, and Fire Lane were on a conference call today with Ronnie, and Stevie! LOL



SevenTenEleven 

Thursday, May 24, 2012 10:21:16 PM

Re: Lebron23 post# 200708

Post # of 200712

Principles have created a web. The shorts are so tangled in it, they can't even bite the spider before they suffer a painful end.

They were led to the web by a false sense of confidence in their ability to out smart, and out manipulate the regulators.

The principles in FFGO, and the sisters, let the illegal manipulators' egos, their ignorance, and their pride become their own downfall.

With what is going on with MS and JPMorgan, it will be very difficult for the illegal short sellers to lean on regulators to bail them out this time.

Tic Toc



Rocket Man 

Thursday, May 24, 2012 10:23:03 PM

Re: SevenTenEleven post# 200706

Post # of 200713

The short data that was presented for FFGO over the years that is held on file per FINRA is clear.. Shorty has a problem. SEC takes time to get it right!.. Lets hope they did a good job.. In the present environment I suspect they have things under control..

Timber.. Shorty is cooked? lol




Lebron23   

Thursday, May 24, 2012 10:24:20 PM

Re: SevenTenEleven post# 200710

Post # of 200713

SevenTenEleven, as usual, very well-stated. I like the analogy of a web. Like I said before, what seemed like a sleepy week has gotten a little interesting here!
Gooooooooooooooooooooooooo FFGO/NMGL!!



Rocket Man 

Thursday, May 24, 2012 10:25:02 PM

Re: SevenTenEleven post# 200707

Post # of 200713

Yep. They do.. FFGO has already placed everything meticulously in order. Serious stuff now. Wow!


5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Offline

 

#1590 2012-05-25 17:03:45

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



AlanC

Friday, May 25, 2012 6:51:45 AM

Re: Rocket Man post# 200700

Post # of 200816

Getting off easy at .00349 per share!
1 million shares cost $100.00 dividend of $3,449.00
10 million shares cost $1,000. dividend of $34,449.00
100 million shares cost $10,000. dividend of $344,490.00
etc. Any longs who won't be happy with dividends based on that ratio? Any bonus above and beyond will be gravy. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



SevenTenEleven 

Friday, May 25, 2012 8:22:41 AM

Re: AlanC post# 200731

Post # of 200816

FFGO - DIVIDEND COMING!

STILL WAITING FOR DOCUMENTATION TO SUPPORT CLAIMS THAT IT HAS BEEN CANCELED!

YESTERDAY'S NMGL FILING IS DEFINITELY NOT SUPPORTING THE FANTASY OF THE DIVIDEND BEING CANCELED AND THE PRINCIPLES ABANDONING THE PROCES!

TIC TOC



paunch13   

Friday, May 25, 2012 8:56:03 AM

Re: SevenTenEleven post# 200732

Post # of 200816

Seven
It looks like to me that some big is comming some soon and I believe we all know what it is that is comming, get ready to watch your back account start rising
John



SevenTenEleven 

Friday, May 25, 2012 8:56:29 AM

Re: AlanC post# 200731

Post # of 200816

AlanC, the dividend will be worth between $0.003449 and ?

varmit predicts that the mines are worth $120B, according to how I read on of the posts that addresses this.

If that is true, and there will be a liquidating dividend of all of the assets to shareholders, will shareholders be getting $0.003449/share, or something closer to $1.60/share?

The $1.60 is a stretch of the imagination, IMO, but well worth the discussion if indeed $120B in assets will be sold and liquidated.



SevenTenEleven 

Friday, May 25, 2012 9:02:32 AM

Re: paunch13 post# 200733

Post # of 200816

John, We have been told our dividend would be $0.003449/share and would likely be distributed in cash. varmit brought up some interesting values for the the assets. $60B up to $120B. If all of those assets are to be sold and liquidated to shareholders, does the $0.003449/share dividend become so much more?

Time will tell.

Form 15 filing was a very welcome sight, for shareholders. The biggest being Ron. Remember Ron paid $0.0035/share for a minimum $0.003449/share dividend. I would expect the distribution to be much greater than the originally discussed number.

Tic Toc




AlanC

Friday, May 25, 2012 9:14:52 AM

Re: SevenTenEleven post# 200734

Post # of 200816

Trying to take a conservative approach that cannot be disputed. I will as the company expected be happy with .00349 and anything over that I will use to help others who could use a helping hand at this time. Go FFGO!!!



SevenTenEleven 

Friday, May 25, 2012 9:17:49 AM

Re: AlanC post# 200738

Post # of 200816

I agree! It is safe to stick with the discussed $0.003449. Anything above and beyond that would be a bonus.

Tic Toc



SevenTenEleven 

Friday, May 25, 2012 9:37:27 AM

Re: alien42 post# 200740

Post # of 200816

FFGO - DIVIDEND COMING!

ONE STEP CLOSER!

STILL WAITING ON THAT DOCUMENTATION TO SUPPORT CLAIMS THAT THE DIVIDEND PROCESS HAS BEEN CANCELED! CLAIMS THAT THE PRINCIPLES OF NMGL HAVE WALKED AWAY AND HAVE ABANDONED NMGL HAVE JUST BEEN PROVEN TO BE INCORRECT!

GOOD LUCK!



SevenTenEleven 

Friday, May 25, 2012 10:11:31 AM

Re: alien42 post# 200742

Post # of 200816

Sorry! But filing a Form 15 doesn't make NMGL go away. In fact, he Form 15 filing protects the company from revocation. The company will continue to safely trade on the pinks.

Good Luck!



SevenTenEleven 

Friday, May 25, 2012 10:24:27 AM

Re: alien42 post# 200745

Post # of 200817

I have looked up the definition, and there is no twisting it. Company will continue to trade, just like so many other company that have filed Form 15's in the past.

Good Luck!



Lebron23 

Friday, May 25, 2012 10:42:10 AM

Re: None

Post # of 200817

Rule 12g-4 -- Certifications of Termination of Registration Under Section 12(g)

a. Termination of registration of a class of securities under section 12(g) of the Act shall take effect 90 days, or such shorter period as the Commission may determine, after the issuer certifies to the Commission on Form 15 (17 CFR 249.323) that the class of securities is held of record by:

1. Less than 300 persons
---------------------------------------------------
This was the rule checked. See my next post about how the Form 15 doesn't jive with the revised Rule 12g-4(a)(1)



Lebron23 

Friday, May 25, 2012 10:43:14 AM

Re: None

Post # of 200817

This was driving me crazy..but I found the answer:

Question: In 2007, Rule 12g-4 was amended to remove the prior Rule 12g-4(a)(2) and to redesignate Rules 12g-4(a)(1)(i) and 12g-4(a)(1)(ii) as Rules 12g-4(a)(1) and (2), respectively. However, Form 15 was not amended in connection with this amendment to Rule 12g-4, so that the Rule 12g-4 boxes in Form 15 do not correspond with the current Rule 12g-4. If a company files Form 15 under one of the redesignated rules, which box should it check?

Answer: Until Form 15 is amended to reflect the current Rule 12g-4, filers should (1) check the “Rule 12g-4(a)(1)(i)” box if the registrant is terminating its Section 12(g) registration pursuant to the current Rule 12g-4(a)(1), and (2) check the “Rule 12g-4(a)(1)(ii)” box if the registrant is terminating its Section 12(g) registration pursuant to the current Rule 12g-4(a)(2). See Exchange Act Rule 0-5. In addition to checking the “Rule 12g-4(a)(1)(i)” or “Rule 12g-4(a)(1)(ii)” box, filers can also include an explanatory note in the Form 15 regarding the change to Rule 12g-4. [September 30, 2008]



Lebron23 

Friday, May 25, 2012 10:44:21 AM

Re: None

Post # of 200817

Less than 300 shareholders for NMGL?? Are they counting me?!
lol....I guess they count Schwab as one. I think that's what has been posted here before.



layton   

Friday, May 25, 2012 10:45:46 AM

Re: None

Post # of 200817

Here it is in black and white..

What “Going Dark” Means
“Going dark” refers to the process of voluntarily delisting a public company’s shares from a national securities exchange or inter-dealer quotation system (if so listed or quoted) and subsequently deregistering the shares under the Exchange Act, thus suspending or terminating the company’s public reporting obligations under the Exchange Act. Delisting alone does not eliminate public reporting requirements. Many non-listed companies are also reporting issuers. However, for such an unlisted public reporting company, the lack of a stock exchange listing may substantially diminish the benefits of remaining a public company.

“Going dark” should not be confused with a “going private” transaction. A “going private” transaction generally involves the cash-out of all or a substantial portion of a company’s public shares so that the company becomes eligible to delist and deregister its shares under the Exchange Act. “Going private” transactions can take many forms and may involve a merger, tender offer or reverse split of the company’s shares. “Going private” transactions require extensive and detailed disclosure filings under Rule 13e-3, the “going private” rule. “Going private” transactions are often undertaken by or at the direction of controlling shareholders or third party acquirors and require extensive board consideration, disclosure, fairness opinions, SEC filings and often a shareholder vote.

“Going dark,” on the other hand, can be accomplished without a shareholder vote, fairness opinion or any shareholder cash out. While some companies electing to delist and “go dark” have considered the possibility of providing shareholders with a liquidity event, such as a tender offer or stock repurchase program, in practice this is not often done because companies which “go dark” rarely have sufficient cash resources to make a meaningful tender offer. Nevertheless, such a liquidity event could be undertaken in connection with a “going dark” transaction by a company that has the cash resources to offer one, provided that care is taken not to trigger the “going private” rules.2

Procedures for “Going Dark”
To understand the “going dark” procedure, it is first necessary to understand what triggers Exchange Act reporting requirements. A company’s Exchange Act obligations can be triggered in any of three ways:

under Section 12(b) if it has shares listed on a national securities exchange;
under Section 12(g) based on having over 500 record holders of a class of securities and total assets exceeding $10 million3; and
under Section 15(d) by having a registration statement declared effective under the Securities Act.
Each of these three independent predicates for Exchange Act registration must be separa



Lebron23 

Friday, May 25, 2012 10:53:32 AM

Re: None

Post # of 200817

Possibility of going private?
http://www.sec.gov/answers/gopriv.htm



AKFish   

Friday, May 25, 2012 10:54:03 AM

Re: layton post# 200750

Post # of 200817

Funny how the word "Not" appeared in Puppy's post:

How Section 15(d) and Rule 12h-3 Operate
Generally, Section 15(d) of the Securities Act of 1933 (the “Securities Act”) requires an issuer to file
the reports required by Section 13(a) of the Exchange Act after that issuer’s registration statement
becomes effective. Rule 12h-3 suspends reporting obligations at any time during an issuer’s fiscal
year upon filing with the SEC a certification of termination on Form 15, if the following conditions
are satisfied:

• The issuer is current in its Exchange Act reporting obligations;

• The issuer has fewer than (1) 300 record holders; or (2) 500 record holders and assets not
exceeding $10 million on the last day of each of the issuer’s three most recent fiscal years
(the “Second Test”); and
• During the fiscal year for which the issuer seeks to suspend reporting (and if the issuer is
relying on the Second Test during the two preceding fiscal years) the issuer did not have (1)
a Securities Act registration statement relating to the subject class of securities become
effective, or (2) a registration statement that was required to be updated by Section 10(a)(3)
of the Securities Act2
SEC Issues Guidance on the Suspension of
Reporting Obligations Under Rule 12h-3
T h e D e a l m a k e r C o u n s e l ®
1



SevenTenEleven 

Friday, May 25, 2012 10:56:48 AM

Re: Lebron23 post# 200748

Post # of 200817

Lebron23, this link clearly explains what a Form 15 filing equates to. Claims that NMGL is gone are completely unsupported. He company will be protected now. There will be no more claims of revocation due to non-filing for NMGL.

http://www.transtechindustries.com/FAQs.html

Good Luck!



Lebron23 

Friday, May 25, 2012 11:01:05 AM

Re: SevenTenEleven post# 200753

Post # of 200817

SevenTenEleven, excellent information. It answered most of my questions about the Form 15 filing. However, I have one more:
If NMGL continues to publicly trade; how does the Company ensure that it does not get a stockholder count over 300?



Lebron23 

Friday, May 25, 2012 11:02:20 AM

Re: puppydotcom post# 200754

Post # of 200817

Quote:
--------------------------------------------------------------------------------
Puppydotcom: lol, they filing for a form 15 to de-list .. how is that a good thing?
--------------------------------------------------------------------------------


Filing Form 15 has nothing to do with 'de-listing'.
Here is the title of Form 15:
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER
SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUPENSION
OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE
SECURITES EXCHANGE ACT OF 1934.



SevenTenEleven 

Friday, May 25, 2012 11:03:02 AM

Re: Lebron23 post# 200755

Post # of 200817

A good distort campaign would ensure that.

Tic Toc



Lebron23 

Friday, May 25, 2012 11:05:49 AM

Re: None

Post # of 200817

90-Day rule: If after 90 days from the date the Form 15 is filed, the Company does not get any response from the SEC then the Company would cease to be a reporting company (as of the date the Form 15 was filed).



layton   

Friday, May 25, 2012 11:06:10 AM

Re: Lebron23 post# 200756

Post # of 200817

Actually it does..

http://www.dorsey.com/going_dark_voluntary_delisting_deregistration/



Lebron23 

Friday, May 25, 2012 11:08:09 AM

Re: puppydotcom post# 200760

Post # of 200817

We'll see if the SEC says anything in the next 90 days.




Lebron23 

Friday, May 25, 2012 11:10:25 AM

Re: layton post# 200761

Post # of 200818

Delisting: the removal of a stock from a stock exchange
Filing Form 15 does not delist the stock.



Lebron23 

Friday, May 25, 2012 11:17:05 AM

Re: puppydotcom post# 200760

Post # of 200819

Barking up the wrong tree...you need to read Section 12




Lebron23 

Friday, May 25, 2012 11:21:05 AM

Re: None

Post # of 200819

The "pink sheets" is an unregulated market and the Company's shares may continue to trade despite the Form 15 filing.




Lebron23 

Friday, May 25, 2012 11:26:39 AM

Re: puppydotcom post# 200766

Post # of 200820

I will clarify: If you are on the OTCBB, you have to file periodic reports. If you file Form 15 when you are an OTCBB company; you will be "delisted" from the OTCBB to the Pinkies.
However, lets not compare apples to oranges. NMGL is not an OTCBB company. Therefore, the filing of the Form 15 does not "delist" NMGL.

Once the Form 15 is filed, the shares of the Company will not trade on the OTC Bulletin Board ("OTCBB") but may continue to be traded on the pink sheets. Financial Industry Regulatory Authority ("FINRA) Rule 6530, which specifies the kinds of securities which market makers can quote on the OTCBB, does not permit market makers to quote securities of any issuer that is not required "to file reports pursuant to Section 13 or 15(d) of the Exchange Act." The market makers, therefore, would have to cease quoting the Company's shares on the OTCBB upon the filing of the Form 15 because at that point the Company's reporting obligations are suspended, that is the Company is not required to file SEC reports. The "pink sheets" is an unregulated market and the Company's shares may continue to trade despite the Form 15 filing.



Lebron23 

Friday, May 25, 2012 11:32:43 AM

Re: puppydotcom post# 20077

Post # of 200820

Then why file anything at all? - If you are simply going to "walk away". What is the purpose of this Form 15 filing?



Lebron23 

Friday, May 25, 2012 11:38:44 AM

Re: puppydotcom post# 200770

Post # of 200820

I think you are missing a key point: There is an exception to reporting if you have fewer than 300 stockholders. That's what is happening here.



SevenTenEleven 

Friday, May 25, 2012 11:41:16 AM

Re: Lebron23 post# 200772

Post # of 200820

I completely agree and I am certain that is why NMGL filed a Form 15. Claims to the contrary are nothing but fantasy.

Tic Toc



Lebron23 

Friday, May 25, 2012 12:04:41 PM

Re: medchal post# 200774

Post # of 200820

Then why File Form 15? Why not just walk away/fade away/run away?



varmit 

Friday, May 25, 2012 1:35:40 PM

Re: None

Post # of 200820

ffgo/nmgl class in session !!!!!

sometimes people have memory loss .... it was well documented that nmgl is a warehouse of gold mines ,,,, they are quiet ,,,, they need not report ,,,, they dont care if we buy the stock or it gets crashed to nothing by shorters ,

nmgl does not want 2 file so they dont ,,,, again i say with over 60 billion $$$$$$ in gold assetts ,,, oatman yaba s.c bouse and many many many more mines in the safe .....

nmgl gold is constantly increasing more value as the almighty dollar stays afloat or goes down ....

nmgl management is brilliant !!!!!! they know that when they do liquidate a mine and post news ... anyone short will be taken off the map ,,, golden style....

so clearly nmgl does not play into animal /opinions

varmy cares !!!ps bouse and s.c deal almost closed shorts soon 2 cover .....



Lebron23 

Friday, May 25, 2012 2:27:06 PM

Re: puppydotcom post# 200779

Post # of 200820

Your examples were all OTCBB stocks. NMGL is not trading on the OTCBB.



Lebron23 

Friday, May 25, 2012 2:32:41 PM

Re: puppydotcom post# 200777

Post # of 200820

I have more faith in NMGL's management and attorneys to understand the Form 15 requirements than I do with your cut and paste jobs. Cutting and pasting is not dd.
Again, you are comparing apples to oranges.




paunch13   

Friday, May 25, 2012 2:56:40 PM

Re: Lebron23 post# 200791

Post # of 200820

Lebron
The form 15 filing was a sure sign that management is going on ahead with the pay date announcement and that is the best news we have had in a year
John



Lebron23 

Friday, May 25, 2012 3:10:57 PM

Re: paunch13 post# 200792

Post # of 200820

paunch13, I agree. There has been unwarranted speculation that the FFGO/NMGL management had just "walked away". This filing nips that speculation in the bud!
Gooooooooooooooooooooo FFGO/NMGL!!!!!!!!!!!!!!!!!

Varmit, thank you for the information!! Very exciting stuff!!



AlanC

Friday, May 25, 2012 3:32:32 PM

Re: RoadLessTraveled post# 200793

Post # of 200820

Attention FFGO longs. Because of the controversy regarding the Form 15 filing completed by NMGL I just called the SEC @ 1-800-732-0330. After going through the prompts and ending up in the office of Investor Education with a live SEC official, I gave my name and the NMGL symbol and questioned her as to the need for NMGL to be current on filings including financials and told her NMGL was not. I also explained that NMGL was a small company with less than 300 shareholders presently trading on the pink sheets. She indicated to me that she did not forsee the fact that NMGL was not presently current posing a problem. I invite others to call especially those making the claims that it is a problem. Go FFGO!!!



SevenTenEleven 

Friday, May 25, 2012 3:42:13 PM

Re: RoadLessTraveled post# 200797

Post # of 200820

And when they have a current business license, then what?

Sorry! Dividend is coming! Those long will be rewarded and those still short will have nothing to stand on. Not only have they failed to legally report their short interest positions, they will be on the hook for the $0.003449 dividend paying to shareholders of record.

Good Luck!



SevenTenEleven 

Friday, May 25, 2012 3:54:23 PM

Re: puppydotcom post# 200805

Post # of 200820

sorry, no such thing can or will happen

FFGO is gone

rumors claiming NMGL is going to issue FFGO share holders is not only wrong .. but illegal

no divvy is ever coming


NMGL management is STILL hiding from share holders

so dad! - puppydotcom

Sorry! But FFGO will be liquidating the assets held by WD. Those assets include the NMGL preferred shares. Likely to be converted to cash at a value well above the original $0.003449.

Looking forward to the next communication or filing from the principles involved in the dividend process.

Each and every step toward the dividend record date and distribution date will be met with the expected fantasy.

Good Luck!



SevenTenEleven 

Friday, May 25, 2012 3:55:51 PM

Re: RoadLessTraveled post# 200806

Post # of 200820

Yep! Nice and short response. And when they are current in the business license, I expect that to be acknowledged, and not denied.


Quote:
--------------------------------------------------------------------------------
Honest question...simple answer.

Should they regain their business license, then it's possible for the dividend process to proceed.

Unless someone else (non-FFGO related) in the meantime buys Bouse and/or South Copperstone.

See how easy that was?
--------------------------------------------------------------------------------



Good Luck!



Vianna 

Friday, May 25, 2012 4:26:28 PM

Re: AlanC post# 200799

Post # of 200820

SWEET, Alan! Thank you for the DD! It can't get any clearer than that.

I'm sure SHORTY won't be having a very good Memorial Day Weekend...but FFGO LONGS will! Seems that something good is cooking... smile

The important thing is...HOPE IS ALIVE!!

GO NMGL/FFGO!!

V


Friday, May 25, 2012 3:32:32 PM
Re: RoadLessTraveled post# 200793
Post # of 200812
Attention FFGO longs. Because of the controversy regarding the Form 15 filing completed by NMGL I just called the SEC @ 1-800-732-0330. After going through the prompts and ending up in the office of Investor Education with a live SEC official, I gave my name and the NMGL symbol and questioned her as to the need for NMGL to be current on filings including financials and told her NMGL was not. I also explained that NMGL was a small company with less than 300 shareholders presently trading on the pink sheets. She indicated to me that she did not forsee the fact that NMGL was not presently current posing a problem. I invite others to call especially those making the claims that it is a problem. Go FFGO!!!



SevenTenEleven 

Friday, May 25, 2012 4:34:56 PM

Re: RoadLessTraveled post# 200809

Post # of 200820

Agreed.

Looking forward to discussion on the topic.




Vianna 

Friday, May 25, 2012 4:35:38 PM

Re: varmit post# 200780

Post # of 200820

Varmit, Great reminder!!!

V



Share
Friday, May 25, 2012 1:35:40 PM
Re: None
Post # of 200813
ffgo/nmgl class in session !!!!!

sometimes people have memory loss .... it was well documented that nmgl is a warehouse of gold mines ,,,, they are quiet ,,,, they need not report ,,,, they dont care if we buy the stock or it gets crashed to nothing by shorters ,

nmgl does not want 2 file so they dont ,,,, again i say with over 60 billion $$$$$$ in gold assetts ,,, oatman yaba s.c bouse and many many many more mines in the safe .....

nmgl gold is constantly increasing more value as the almighty dollar stays afloat or goes down ....

nmgl management is brilliant !!!!!! they know that when they do liquidate a mine and post news ... anyone short will be taken off the map ,,, golden style....

so clearly nmgl does not play into animal /opinions

varmy cares !!!ps bouse and s.c deal almost closed shorts soon 2 cover .....



Rocket Man 

Friday, May 25, 2012 5:11:40 PM

Re: None

Post # of 200820

FFGO + Western Difersified + NMGL = Insulatation from reporting and shorty..

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8640292



Rocket Man 

Friday, May 25, 2012 5:27:56 PM

Re: Nitwit post# 200818

Post # of 200820

Lol.. It is obvious to me, luck is no longer an issue.. FFGO+WD+NMGL = Insulation for Class A's & B's



Rocket Man 

Thursday, May 24, 2012 11:26:06 PM

Re: None

Post # of 1462

FFGO shares that Ronnie owns are protected..



AlanC

Friday, May 25, 2012 8:23:41 AM

Re: puppydotcom post# 1452

Post # of 1462

Not so, the huge short position is going to cost the shortman mucho dinero! Imagine thinking there were 5 trillion shares, can you say hook, line, and sinker? Go GNCP!!!



AlanC

Friday, May 25, 2012 8:25:51 AM

Re: medchal post# 1454

Post # of 1462

Now we know what the new script calls for! lol Go GNCP!!!



AlanC

Friday, May 25, 2012 9:35:38 AM

Re: medchal post# 1457

Post # of 1462

I think Mr Lowenthal is following a plan which will punish anyone who is short and reward anyone who is long. He has countless options available to him at this point and I believe no matter which option he excercises it will be good for shareholdrs. Here are some facts via questions and answers regarding a Form 15 filing. Go GNCP!!!
http://www.transtechindustries.com/FAQs.html



AlanC

Friday, May 25, 2012 9:59:31 AM

Re: medchal post# 1459

Post # of 1462

Gary, as you know, there is a first time for everything and I think Mr. Lowenthal knows exactly what he is doing. Time will tell all but lets keep an open mind and see what happens. Who knows this could be part of the deal! Go GNCP!!!



diamondguru-one 

Friday, May 25, 2012 5:51:34 PM

Re: Rocket Man post# 200819

Post # of 200821

obvious also .0034 to .007 to $1.00 could happen at any moment too....Goooo FFGO !!!!!



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Offline

 

#1591 2012-05-25 17:32:29

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

North American Gold & Minerals Fund (NMGL)

Moderators:AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/North-American-Gold-&-Minerals-Fund-NMGL-16265/



SevenTenEleven 

Thursday, May 24, 2012 6:55:21 PM

Re: puppydotcom post# 7494

Post # of 7553

FORM 15 Means that the company will not be revoked, as claimed, for not filing 10K's or 10Q's.

It does not equate to being revoked! PERIOD!

Many OTCstocks trade after filing a Form 15!

If they want to remain current, they file with OTCmarkets.com

Good Luck!



SevenTenEleven 

Thursday, May 24, 2012 7:46:34 PM

Re: puppydotcom post# 7496

Post # of 7553

they can trade on the pinks .. yup!

they can not trade anywhere else ..unless they reverse and file all past and required SEC fully reporting reports

it could be they just plan to close down NMGL.. - puppydotcom

LOL!

Trading on the pinks is all we need! NASDQ may blame a glitch for why the dividend was not distributed.

Filed to close it down?

LMFAO!

For the past few months it has been "Ron walked away from NMGL, revocation coming!"

Now it is "he didn't skip town, and filed so he could shut NMGL down".

LMFAO!

Good Luck!



SevenTenEleven 

Thursday, May 24, 2012 8:07:58 PM

Re: Brad S post# 7501

Post # of 7553

I'll be curious to see if it's approved or not, sometimes it happens and sometimes it doesn't. Of late, it mostly doesn't happen. - Brad S

Looks as if the dividend is one step closer.

Good Luck!



SevenTenEleven 

Thursday, May 24, 2012 8:15:02 PM

Re: puppydotcom post# 7503

Post # of 7553

does not matter, can't file form 15 unless they are current ..and they have 35 share holders according to the filing ..

that's less than 300 ..

.. so they can not have over 10 million in assets - puppydotcom

Please reread the rule. the <$10M in assets is if there are <500 shareholders. That would mean >300 and <500.

The company filed because there are <300 shareholders. The clause they filed under, has nothing to do with the assets held.

I could post it again if it helps investors to understand that this is a good thing for our dividend.

Good Luck!



SevenTenEleven 

Thursday, May 24, 2012 8:33:33 PM

Re: tmsocha post# 7506

Post # of 7553

"OR" is KEY!

Good Luck!


Quote:
--------------------------------------------------------------------------------
1. Less than 300 persons; or


2. Less than 500 persons, where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's most recent three fiscal years.
--------------------------------------------------------------------------------



SevenTenEleven 

Thursday, May 24, 2012 8:51:50 PM

Re: puppydotcom post# 7508

Post # of 7553

Might want to read the SEC rules and fine print.

Company has had <300 shareholders long before the Form 15 filing.

They were just late in filing the Form 15!

Good Luck!



Rocket Man 

Thursday, May 24, 2012 9:42:14 PM

Re: puppydotcom post# 7511

Post # of 7553

Looks like NMGL stirred the pot.. lol Nice! Drama is queens..

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8640292



Rocket Man 

Thursday, May 24, 2012 9:46:36 PM

Re: None

Post # of 7553

I am getting the feeling NMGL is on the prowl.. Like a wolf in the night.. Recent filing is interesting behavior.. OWWWWWHHHHHHHH!!!!!!

Remember?



Rocket Man 

Thursday, May 24, 2012 9:49:54 PM

Re: SevenTenEleven post# 7493

Post # of 7553

Look at the beetles coming out of the wood in NMGL and the sisters.. For that matter the whole family of stocks.. Stirred up some old feelings I guess. lol



Rocket Man 

Thursday, May 24, 2012 10:41:02 PM

Re: A deleted message

Post # of 7553

Why don't you give me the FFGO "Man's" number so we can all have it..?Who ever the "Man" is..? lol I sense fear.. Hunter's should not show fear in the wild nor in stock trading, especially on stocks that hold assets worth bundles in gold.



Rocket Man 

Thursday, May 24, 2012 10:43:12 PM

Re: A deleted message

Post # of 7553

Amusing is right. The filing has brought many into the fold, quite quickly in NMGL and FFGO. That is amusing to me.. Be sure..



Rocket Man 

Thursday, May 24, 2012 10:47:57 PM

Re: A deleted message

Post # of 7553

What are you talking about? I sense fear and doubt about FFGO. 7 years of being a share holder, I am.. I have some killer photos.. lol Drills working, live charts during bear raids, all that stuff.. Fun



SevenTenEleven 

Thursday, May 24, 2012 11:15:28 PM

Re: A deleted message

Post # of 7553

Actually, it's more like NMGL saying goodbye to the shareholders. If you doubt that, give The Man a call, I'm sure you still have his number. He's actually finding some of the "longs" posts to be quite amusing. - Brad S

Real longs? Or those that claim to be long?

Tic Toc



Rocket Man 

Thursday, May 24, 2012 11:49:22 PM

Re: None

Post # of 7553

1 of 35 share holders.. lol NGML awakened..



Texan77   

Friday, May 25, 2012 12:19:57 AM

Re: Rocket Man post# 7524

Post # of 7553

Rule 12g-4 -- Certifications of Termination of Registration Under Section 12(g)

Termination of registration of a class of securities under section 12(g) of the Act shall take effect 90 days, or such shorter period as the Commission may determine, after the issuer certifies to the Commission on Form 15 (17 CFR 249.323) that the class of securities is held of record by:

Less than 300 persons; or

Less than 500 persons, where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's most recent three fiscal years.

The issuer's duty to file any reports required under section 13(a) shall be suspended immediately upon filing a certification on Form 15; Provided, however, That if the certification on Form 15 is subsequently withdrawn or denied, the issuer shall, within 60 days after the date of such withdrawal or denial, file with the Commission all reports which would have been required had the certification on Form 15 not been filed. If the suspension resulted from the issuer's merger into, or consolidation with, another issuer or issuers, the certification shall be filed by the successor issuer.


looks doable



Texan77   

Friday, May 25, 2012 12:32:31 AM

Re: puppydotcom post# 7503

Post # of 7553

as it goes on tradeing lets remember this post i think it will show in time, yes?


oh and by the way they have filed form 15 thats a fact.


yup sure did




SevenTenEleven 

Friday, May 25, 2012 8:30:24 AM

Re: puppydotcom post# 7503

Post # of 7553

that's less than 300 ..

.. so they can not have over 10 million in assets

clearly they do not have any FFGO mining assets - PUPPYDOTCOM

REMEMBER TO INCLUDE THE "OR" IN THE FORM 15!

WE ALL KNOW IT IS THE BOLDED "LESS THAN 300 PERSONS".

Less than 300 persons; or

Less than 500 persons, where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's most recent three fiscal years.

DIVIDEND COMING!

GOOD LUCK!




AlanC

Friday, May 25, 2012 12:10:56 PM

Re: puppydotcom post# 7530

Post # of 7553

If you are correct the shareprice should drop like a rock so lets see if I am able to pick up some real cheap! lol Go NMGL!!!



AlanC

Friday, May 25, 2012 12:53:31 PM

Re: puppydotcom post# 7532

Post # of 7553

Well if they are crooks like you claim why would the shares still sell at $1.75? The market makers should want to dump their inventory for whatever they can get, right? Go NMGL!!!



Texan77   

Friday, May 25, 2012 3:06:11 PM

Re: tmsocha post# 7527

Post # of 7553

its the box checked on form 15

form 15 is sticky noted top of board



Texan77   

Friday, May 25, 2012 3:10:34 PM

Re: puppydotcom post# 7530

Post # of 7553

sec decides not you so we wait, yes?

like i said; if it continues to trade then they got it, simple.



Texan77   

Friday, May 25, 2012 3:19:17 PM

Re: RoadLessTraveled post# 7536

Post # of 7553

no new shareholders today lol



Texan77   

Friday, May 25, 2012 3:29:25 PM

Re: puppydotcom post# 7503

Post # of 7553

i think undue burden applys here with so few employees and way under shareholder threshold and i agree with 7 10 11 its or one more thing i wish i could point out but wont



Texan77   

Friday, May 25, 2012 3:45:12 PM

Re: puppydotcom post# 7543

Post # of 7553

yah soften that stance thats right lol

'its does not really matter'


word to the wise check out aesop phabels fox and the grapes



Texan77   

Friday, May 25, 2012 3:51:12 PM

Re: puppydotcom post# 7549

Post # of 7553

exemption to file gives nmgl strenth agree or disagree that stance , what have you been saying huuu whatever


we all know



Rocket Man 

Friday, May 25, 2012 5:06:54 PM

Re: puppydotcom post# 7544

Post # of 7553

Did you miss the x box on the 12g? No problem at all as I see it.. It clearly shows 12g, not 13 or did you get an different filing.. lol

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7410584


Quote:
--------------------------------------------------------------------------------
United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER
SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUPENSION
OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE
SECURITES EXCHANGE ACT OF 1934.

Commission File Number 000-53865

NORTH AMERICAN GOLD & MINERALS FUND
(Exact name of registrant as specified in its charter)

848 N. Rainbow Blvd. #3003, Las Vegas, NV 89107
(702) 635-8146
Address, including zip code, and telephone number, including area code, of
registrant's principal executive offices)

Common Stock
(Title of each class of securities covered by this Form)

None
(Titles of all other classes of securities for which a duty to file reports
under section 13(a) or 15(d) remains)


Please place an X in the box(es) to designate the appropriate rule provisions(s)
relied upon to terminate or suspend the duty to file reports:


Rule 12g-4(a)(1)(i)
x
Rule 12h-3(b)(1)(i)
o


Rule 12g-4(a)(1)(ii)
o
Rule 12h-3(b)(1)(ii)
o


Rule 12g-4(a)(2)(i)
o
Rule 12h-3(b)(2)(i)
o


Rule 12g-4(a)(2)(ii)
o
Rule 12h-3(b)(2)(ii)
o


Rule 15d-6
o

Approximate number of holders of record as of the certification or notice date:
35.
Pursuant to the requirements of the Securities Exchange Act of 1934 (Name of registrant as specified in charter) has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.

Date: May 24, 2012

By:
/s/ Ronald Y. Lowenthal
Ronald Y. Lowenthal, President




--------------------------------------------------------------------------------



Don't forget this little bit of data (18 pages).. $258 mil worth
. lol



Quote:
--------------------------------------------------------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) August 12, 2010

NORTH AMERICAN GOLD & MINERALS FUND
(Exact name of registrant as specified in its charter)

Nevada 333-141426 N/A
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)

848 N. Rainbow Blvd. # 3003, Las Vegas, NV 89107
(Address of Principal Executive Offices) (Zip Code)

(702) 635-8146
(Registrant's telephone number, including area code)

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to

simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))

ITEM 8.01 OTHER EVENTS

On August 12, 2010 the Company entered into an agreement with Western Diversified Mining Resources, Inc. ("Western") pursuant to which the Company agreed to acquire Western's 23.22% shareholding in Bouse Gold Inc. and Western's 46.84% shareholding in South Copperstone Inc. for 12,096,115 shares of the Company's Series A Preferred Stock and 29,334,212 shares of the Company's Series B Preferred Stock. The Agreement is subject to several conditions of closing. The Company anticipates that Closing will occur no later than August 17, 2010.

BOUSE GOLD, INC.

The Bouse Gold property includes 360 acres of mining claims (18 lode claims) in the Plomosa Mining District, two miles west of the town of Bouse, in La Paz County, Arizona. The land is administered by the US Bureau of Land Management (BLM). It is a former Homestake Gold (Barrick) project which includes the historic Little Butte, Flat Fault and Arrastre Mines. There are numerous shafts, pits and dumps on the property. Reportedly, a majority of the Plomosa Mining District's historic gold production came from Bouse Gold's Little Butte Mine.

At Bouse, a Mid-Tertiary system of epithermal mineralization was introduced into a stacked sequence of lithotectonic units that are located on the northern side of the Plomosa Detachment Fault. Complex epithermal gold, barite and fluorite mineralization is superimposed on earlier copper-specularite mineralization. Gold occurs in laterally extensive breccias and in steeply dipping amethystine-quartz veins.

Past drilling by Tenneco, US Borax and Homestake at Bouse found significant gold bearing intervals in both the breccias and high angle structures. Bouse Gold has copies of drill results for 50+ holes.

The Company's initial plans include compilation of all existing exploration materials on the property, followed by additional geological work viewed as necessary or desirable to identify targets for an initial drill campaign.

SOUTH COPPERSTONE, INC.

The South Copperstone gold property is comprised of 480 acres (24 unpatented lode mining claims) located in the Moon Mountains Mining District, La Paz County, Arizona, about midway between the towns of Parker and Quartzsite. The land is administered by the US Department of Land Management (BLM).

The Company's claims are immediately south of the Copperstone Mine, which it adjoins. South Copperstone's rationale in acquiring the property was the potential, which may or may not be realized, for one or more additional Copperstone ore bodies. The known Copperstone deposit (not owned by the Company) had a 500,000 ton open pit resource of .09 ounce per ton gold that was mined by

2
Cyprus Gold in the 1980's. A reported underground gold resource at Copperstone is presently being explored by another mining company.

The western edge of the Company's claims has exposed gold - bearing bedrock consisting of banded quartz latite flows intruded by granite. Initial drilling by Callahan Mining at South Copperstone found anomalous gold hosted by quartz and altered quartz latite. This was reportedly consistent with Cyprus Gold drill results from immediately north of the Company's claim block. However, Callahan's drilling was not deep enough to penetrate the mineralized breccia unit that hosts the gold resource at the Copperstone Mine to the north. Initial induced polarization (IP) work by Callahan found anomalous chargeability values to the south of Callahan's claim block in an area that is within South Copperstone's claim block. South Copperstone intends to follow up with a full induced polarization (IP) geophysical grid in order to locate initial drill targets.

ITEM 9.01 EXHIBITS

10.01 Stock Purchase Agreement dated August 12, 2010 by and between North
American Gold & Minerals Fund and Western Diversified Mining
Resources, Inc.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NORTH AMERICAN GOLD & MINERALS FUND

/s/ Ronald Yadin Lowenthal
-----------------------------------
Ronald Yadin Lowenthal
President and Director

August 12, 2010

3
Exhibit 10.01

STOCK PURCHASE AGREEMENT

Dated August 12, 2010

by and between

NORTH AMERICAN GOLD AND MINERALS FUND

and

WESTERN DIVERSIFIED MINING RESOURCES, INC.

THIS STOCK PURCHASE AGREEMENT ("Agreement") dated August 11, 2010 is made and entered into by and between NORTH AMERICAN GOLD & MINERALS FUND, a Nevada corporation with its principal office located at 848 N. Rainbow Blvd, #3003, Las Vegas, NV 89107 ("Purchaser") and WESTERN DIVERSIFIED MINING RESOURCES, INC., a Wyoming corporation with its principal office located at 2780 S. Jones Boulevard #3532, Las Vegas, NV ("Western" or "Seller.

WHEREAS, Western is the owner of 510,923,545 shares of common stock of Bouse Gold, Inc., representing 23.22% of the issued and outstanding shares of this company (the "Bouse Shares") and 1,030,421,001 shares of common stock of South Copperstone, Inc., representing 46.84% of the issued and outstanding shares of this company (the "South Copperstone Shares") (the "Bouse Shares" and the "South Copperstone Shares" being sometimes hereafter referred to as the "Shares"); and

WHEREAS, Seller desires to sell, transfer and assign to Purchaser, and Purchaser desires to purchase and acquire from Seller, all of the Shares on the terms set forth herein.

NOW, THEREFORE, in consideration of the mutual covenants and promises set forth in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

ARTICLE I
SALE OF SHARES AND CLOSING DATE

1.01 Shares. Subject to the terms and conditions hereinafter set forth, Purchaser hereby agrees to purchase the Shares from Seller for the Purchase Price (as defined below) and Seller agrees to sell the Shares to Purchaser for the Purchase Price.

1.02 Purchase Price. (a) The purchase price for the Bouse Shares shall be 12,096,115 shares of Purchaser's Class A Preferred Stock, valued at $16.00 per share (the liquidation preference), having the terms and conditions set forth in Exhibit A hereto (the "Class A Shares"). This equates to US$193,537,839 or US$0.3788 per share of common stock of Bouse Gold, Inc. The purchase price for the South Copperstone Shares shall be 29,334,212 shares of Purchaser's Class B Preferred Stock, valued at $2,20 per share (the liquidation preference) and having the terms and conditions set forth in Exhibit B hereto share (the "Class B Shares"). This equates to US$64,535,268 or US$0.06263 per share of common stock of South Copperstone, Inc. (The "Class A Shares" and the "Class B Shares" are sometimes referred to herein as the "Preferred Shares"). The Preferred Shares will be delivered by Purchaser, and the Shares will be delivered by Seller, at the Closing (as that term is defined in paragraph 1.03). The price per Share set forth in this Section 1.02, which is a combined transaction value of $258,073,107 or $0.003449 per share of common stock of Western's corporate parent, is final and shall not be subject to adjustment based on future changes in the price of gold.

(b) In addition, Purchaser will assume the loan accounts owed by Bouse Gold, Inc. and by South Copperstone, Inc. as of the date of Closing.

1.03 Closing. The closing of the transaction contemplated herein ("Closing") shall take place on August 17, 2010 in the City of Las Vegas, or at such other place as Purchaser and Seller mutually agree at the Closing. At Closing, the following shall be delivered (the "Closing Documents"):

(a) Purchaser shall deliver to Seller:

(i) Stock Certificates representing the Preferred Shares pursuant to
Section 1.02(a) of this Agreement;

(ii) An instrument of assumption acceptable of loan account and loan notes pursuant to Section 1.02(b): and

(iii)A secretary's certificate (or equivalent) certifying the resolutions of the board of directors of Purchaser which, among other things: (a) approve the execution and delivery of this Agreement and the carrying out of the transactions contemplated hereby; and (b) approve the purchase of the Shares.

2
(b) Seller shall itself deliver to Purchaser (or cause Western to deliver):

(i) Stock Certificate(s) representing the Shares together with stock powers thereafter duly endorsed as directed by Purchaser;

(ii) A secretary's certificate (or equivalent) certifying the resolutions of the board of directors of Seller which, among other things: (a) approve the execution and delivery of this Agreement and the carrying out of the transactions contemplated hereby; and (b) approve the purchase of the Shares; and

(iii)An instrument reasonably acceptable to Purchaser pursuant to which Searchlight Exploration, LLC agrees to the reduction of its Net Profits Interest in both the Bouse and South Copperstone Properties from 25% to 5%.

1.05 Further Assurances; Post-Closing Cooperation.

(a) Subject to the terms and conditions of this Agreement, at any time or from time to time after the Closing, at Purchaser's request and without further consideration, Seller shall execute and deliver to Purchaser within ten
(10) days following such request, as the case may be, such other instruments of sale, transfer, conveyance, assignment and confirmation, provide such materials and information and take such other actions as Purchaser may reasonably deem necessary or desirable in order more effectively to transfer, convey and assign to Purchaser, and to confirm Purchaser's title to, the Shares and otherwise to cause Seller to fulfill its obligations under this Agreement.

(b) Following the Closing, each party will afford the other party, its counsel and its accountants, during normal business hours, reasonable access to the books, records and other data relating to its business in its possession with respect to periods prior to the Closing and the right to make copies and extracts therefrom, to the extent that such access may be reasonably required by the requesting party in connection with (i) the preparation of tax returns, (ii) the determination or enforcement of rights and obligations under this Agreement,
(iii) compliance with the requirements of any governmental or regulatory authority, (iv) the determination or enforcement of the rights and obligations of any party to this Agreement, or (v) in connection with any actual or threatened action or proceeding. Further each party agrees for a period extending six (6) years after the Closing not to destroy or otherwise dispose of any such books, records and other data unless such party shall first offer in writing to surrender such books, records and other data to the other party and such other party shall not agree in writing to take possession thereof during the ten (10) day period after such offer is made.

(c) If, in order properly to prepare its tax returns, other documents or reports required to be filed with governmental or regulatory authorities or its financial statements or to fulfill its obligations hereunder, it is necessary that a party be furnished with additional information, documents or records relating to its business not referred to in paragraph (b) above, and

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such information, documents or records are in the possession or control of the other party, such other party shall use its best efforts to furnish or make available such information, documents or records (or copies thereof) at the recipient's request, cost and expense. Each party to this Agreement agrees to keep such information confidential.

(d) It is anticipated that Purchaser will offer to purchase the remaining shares of Bouse Gold Inc. and South Copperstone Inc. for Series A Preferred Shares and Series B Preferred Shares at the same price per share that is being paid pursuant to Section 1.02 in order to acquire a 100% ownership interest in both companies. Seller will use its best efforts to assist in obtaining the agreement of the other shareholders in these companies although it cannot guaranty their acceptance of such an offer.

(e) It is anticipated that Western's corporate parent will distribute the Preferred Shares to its shareholders, and will initiate all necessary corporate action with FINRA and the DTCC to set a "record date" and "pay date" upon the execution and delivery of this Agreement. Purchaser will cooperate in good faith in the efforts of Western's corporate parent to complete this distribution. Assuming that Western's corporate parent has 74,813,049,643 shares of common stock issued and outstanding, this would be a distribution of 0.00016168455 shares (rounded up) of Purchaser's Series A Preferred Stock per 1 (One) share of common stock of Western's corporate parent, and 0.0003921002 shares (rounded up) of Purchaser's Series B Preferred Stock per 1 (One) share of common stock of Western's corporate parent, or a total value of US$0.003449 per share of the common stock of Western's corporate parent.

ARTICLE II
REPRESENTATIONS AND WARRANTIES OF SELLER

Seller represents and warrants to Purchaser as follows:

2.01 Corporate Existence. Seller is a corporation validly existing and in good standing under the laws of Wyoming, and has full corporate power and authority to conduct its business and to the extent now conducted.

2.02 Ownership. Seller owns and is conveying to Purchaser all of its rights, title and interests to the Shares, free and clear of all liens, mortgages, pledges, security interests, encumbrances or charges of any kind or description and upon consummation of the transaction contemplated herein good title in the Shares shall vest in Purchaser free of all liens and other charges. Seller represents that it owns all of the Shares in Bouse and in South Copperstone.

2.03 No Conflicts. The execution and delivery of this Agreement, the performance of its obligations hereunder, and the consummation of the transaction contemplated hereby, including, without limitation, the sale of the Shares to Purchaser, shall not conflict with or result in the breach of any term or provision of, or violate or constitute a default under any other agreement to which Seller is a party, or result in the creation of any lien on any of the

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Shares or Purchaser. This Agreement has been duly and validly executed and delivered by Seller and constitutes, and upon the execution and delivery by Seller of the Closing Documents to which it is a party, such Closing Documents will constitute, legal, valid and binding obligations of Seller enforceable against Seller in accordance with their terms.

2.04 Accuracy and Completeness of Due Diligence Documents. The documents provided to Purchaser in response to Purchaser's due diligence requests, completely and accurately portray the status of business of Seller as of the Closing and do not include a material misstatement or omission of a material fact which would reasonably likely to have a material adverse effect on Seller or its business. Further, the information included in such responses shall be incorporated herein as an affirmative representation and warranty on the part of Seller.

2.05 Continuity of Business. Seller reasonably expects that the business represented by the agreements found in Schedule 2.04 will continue after the date hereof. Seller has no knowledge that any customer included in that Schedule intend to terminate or reduce the amount of business they presently do with Seller, and Seller has no knowledge of any state of facts which would lead it to believe that any of such customers will terminate their relationship with Seller or significantly reduce the amount of business they presently do with Seller.

2.06 Claims, Litigation, Disclosure. Except as set forth in Schedule 2.06 there is no claim, litigation, tax audit, proceeding or investigation pending or threatened against Seller or its corporate parent with respect to its business, nor is there a basis for any such claim, litigation, audit, proceeding or investigation.

2.07 Taxes. Except as specifically set forth on Schedule 2.07 (the "Tax Liabilities"), Seller has correctly prepared and timely filed all Federal, state and local tax returns, estimates and reports, and paid all such taxes as and when due. For purposes of this paragraph, taxes shall mean all taxes, charges, fees, levies or other assessments of any kind whatsoever (including, without limitation, income, franchise, sales, use and withholding taxes). On or before the Closing Date, Seller shall pay off and satisfy any of the Tax Liabilities which are then due and payable and provide Purchaser with evidence thereof in form satisfactory to Purchaser and its counsel and have granted a reserve adequate to pay any tax liabilities with respect to the operations of Seller prior to the Closing.

ARTICLE III
REPRESENTATIONS, WARRANTIES AND COVENANTS OF PURCHASER

Purchaser hereby represents and warrants to Seller as follows:

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3.01 Corporate Existence. Purchaser is a corporation validly existing and in good standing under the laws of the State of Nevada, and has full corporate power and authority to conduct its business and to the extent now conducted.

3.02 Authority. The execution and delivery by Purchaser of this Agreement, and the performance by Purchaser of its obligations hereunder and under the Closing Documents, are duly and validly authorized by Purchaser. This Agreement has been duly and validly executed and delivered by Purchaser and constitutes, and upon the execution and delivery by Purchaser of the Closing Documents to which it is a party, such Closing Documents will constitute, legal, valid and binding obligations of Purchaser enforceable against Purchaser in accordance with their terms.

3.03 No Conflicts. The execution and delivery by Purchaser of this Agreement does not, and the execution and delivery by Purchaser of the Closing Documents to which it is a party, the performance by Purchaser of its obligations under this Agreement and such Closing Documents and the consummation of the transactions contemplated hereby and thereby will not conflict with or result in a violation or breach of any of the terms, conditions or provisions of any agreement Purchaser is a party to.

3.04 Claims, Litigation, Disclosure. There is no claim, litigation, tax audit, proceeding or investigation pending or threatened against Purchaser, with respect to its business which would have a material effect on its ability to satisfactorily perform its duties under this Agreement, nor is there a basis for any such claim, litigation, audit, proceeding or investigation.

3.05 Taxes. The Purchaser has correctly prepared and timely filed all Federal, state and local tax returns, estimates and reports, and paid all such taxes as and when due. For purposes of this paragraph, taxes shall mean all taxes, charges, fees, levies or other assessments of any kind whatsoever (including, without limitation, income, franchise, sales, use and withholding taxes).

ARTICLE IV
CONDITIONS TO OBLIGATIONS OF PURCHASER

The obligations of Purchaser hereunder to purchase the Shares are subject to the fulfillment, at or before the Closing Date, of each of the following conditions (all or any of which may be waived in whole or in part by Purchaser in its sole discretion):

4.01 Representations and Warranties. The representations and warranties made by Seller in this Agreement, taken as a whole, shall be true and correct, in all respects material to the validity and enforceability of this Agreement and the Closing Documents and to the condition of the business, on and as of the Closing Date as though made on and as of the Closing or, in the case of representations and warranties made as of a specified date earlier than the Closing, on and as of such earlier date.

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4.02 Performance. Seller shall have performed and complied with, in all material respects, the agreements, covenants and obligations required by this Agreement to be so performed or complied with by Seller at or before the Closing.

4.03 Officers' Certificates. Seller shall have delivered to Purchaser two certificates of Seller each dated as of the Closing and executed in the name and on behalf of Seller by the President of Seller, substantially in the form of Schedule 4.03.1 annexed hereto, and a certificate executed by the Secretary or any Assistant Secretary of Seller, substantially in the form of Schedule 4.03.2 annexed hereto.

4.04 Completion of Audit. Purchaser's independent registered accountant shall have completed any necessary audit(s) required by said accountants to continue Purchaser's SEC reporting in good standing following the Closing.

ARTICLE V
CONDITIONS TO OBLIGATIONS OF SELLER

The obligations of Seller hereunder to sell the Shares are subject to the fulfillment, at or before the Closing, of each of the following conditions (all or any of which may be waived in whole or in part by Seller in its sole discretion):

5.01 Representations and Warranties. The representations and warranties made by Purchaser in this Agreement, taken as a whole, shall be true and correct in all material respects on and as of the Closing.

5.02 Performance. Purchaser shall have performed and complied with, in all material respects, the agreements, covenants and obligations required by this Agreement to be so performed or complied with by Purchaser at or before the Closing.

ARTICLE VI
TERMINATION

6.01 Termination. This Agreement may be terminated, and the transactions contemplated hereby may be abandoned:

(a) at any time before the Closing, by mutual written agreement of Seller and Purchaser;

(b) at any time before the Closing, by Seller or Purchaser, in the event that (i) any order or law becomes effective restraining, enjoining, or otherwise prohibiting or making illegal the consummation of any of the transactions contemplated by this Agreement or any of the Closing Documents or
(ii) there are any litigation or governmental, regulatory or self-regulatory actions or investigations concerning Seller or Purchaser or their respective officers or directors, upon notification of the non-terminating party by the terminating party; or

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(c) by either party, in the event that the Closing does not occur on or before August 31, 2010.

6.02 Effect of Termination. If this Agreement is validly terminated pursuant to this Section, this Agreement will forthwith become null and void, and there will be no liability or obligation on the part of Purchaser or Seller (or any of their respective officers, directors, employees, agents or other representatives or Affiliates, as the case may be).

ARTICLE VII
MISCELLANEOUS

7.01 Notices. All notices, requests and other communications hereunder must be in writing and will be deemed to have been duly given only if delivered personally or by facsimile transmission or mailed (first class postage prepaid) to the parties at the following addresses or facsimile numbers:

If to Purchaser, to: North American Gold & Minerals Fund
848 N. Rainbow Blvd., #3003
Las Vegas, NV 89107
Attention: Ronald Yadin Lowenthal

If to Seller, to: Western Diversified Mining Resources, Inc.
2780 South Jones Blvd, #3532
Las Vegas, NV 89146
Attention: Peter James Bezzano

All such notices, requests and other communications will (i) if delivered personally to the address as provided in this Section, be deemed given upon delivery, (ii) if delivered by facsimile transmission to the facsimile number as provided in this Section, be deemed given upon receipt, and (iii) if delivered by mail in the manner described above to the address as provided in this Section, be deemed given upon receipt (in each case regardless of whether such notice, request or other communication is received by any other Person to whom a copy of such notice, request or other communication is to be delivered pursuant to this Section). Any party from time to time may change its address, facsimile number or other information for the purpose of notices to that party by giving notice specifying such change to the other party hereto.

7.02 Entire Agreement. This Agreement and the Closing Documents supersede all prior discussions and agreements between the parties with respect to the subject matter hereof and thereof and contain the sole and entire agreement between the parties hereto with respect to the subject matter hereof and thereof.

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7.03 Expenses. Except as otherwise expressly provided in this Agreement whether or not the transactions contemplated hereby are consummated, each party will pay its own costs and expenses incurred in connection with the negotiation, execution and closing of this Agreement and the Closing Documents and the transactions contemplated hereby and thereby.

7.04 Waiver. Any term or condition of this Agreement may be waived at any time by the party that is entitled to the benefit thereof, but no such waiver shall be effective unless set forth in a written instrument duly executed by or on behalf of the party waiving such term or condition. No waiver by any party of any term or condition of this Agreement, in any one or more instances, shall be deemed to be or construed as a waiver of the same or any other term or condition of this Agreement on any future occasion. All remedies, either under this Agreement or by law or otherwise afforded, will be cumulative and not alternative.

7.05 Amendment. This Agreement may be amended, supplemented or modified only by a written instrument duly executed by or on behalf of each party hereto.

7.06 No Assignment; Binding Effect. Purchaser may not assign its obligations under this Agreement without the express written consent of Seller.

7.07 Headings. The headings used in this Agreement have been inserted for convenience of reference only and do not define or limit the provisions hereof.

7.08 Invalid Provisions. If any provision of this Agreement is held to be illegal, invalid or unenforceable under any present or future law, and if the rights or obligations of any party hereto under this Agreement will not be materially and adversely affected thereby, (a) such provision will be fully severable, (b) this Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof and (c) the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom.

7.09 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Nevada applicable to a contract executed and performed in such State, without giving effect to the conflicts of laws principles thereof.

7.10 Counterparts. This Agreement may be executed in any number of counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument.

7.11 Dispute Resolution. Any dispute hereunder shall be resolved by arbitration in RENO, Nevada under the rules of the American Arbitration Association and the decision of the arbitrator shall be final and binding on the parties hereto. Any and all costs and expenses associated with actions taken pursuant to this Paragraph 7.11 shall be borne by the non-prevailing party.

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IN WITNESS WHEREOF, this Agreement has been duly executed and delivered by the duly authorized officer of each party as of the date first above written.

NORTH AMERICAN GOLD & MINERALS FUND
as Purchaser

By: /s/ Ronald Yadin Lowenthal
-----------------------------------------
Name: Ronald Yadin Lowenthal
Title: President

WESTERN DIVERSIFIED MINING RESOURCES, INC.
as Seller

By: /s/ Peter James Bezzano
-----------------------------------------
Name: Peter James Bezzano
Title: President

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EXHIBIT A
TERMS OF SERIES "A" PREFERRED SHARES

CERTIFICATE OF DESIGNATIONS, PREFERENCES AND RIGHTS OF SERIES "A" PREFERRED STOCK OF NORTH AMERICAN GOLD & MINERALS FUND.

NORTH AMERICAN GOLD & MINERALS FUND (the "Company"), a corporation organized and existing under and by virtue of the Revised Statutes of the State of Nevada (the "NRS"), in accordance with Section 78.1955 of the NRS, DOES HEREBY CERTIFY that:

The Amended and Restated Articles of Incorporation of the Company provide that the Company is authorized to issue 1,000,000,000 shares of preferred stock, par value $0.0001 per share. The Amended and Restated Articles of Incorporation provide, further, that the Board of Directors is authorized, to the extent permitted by law, to provide for the issuance of the shares of preferred stock in series, and by filing a certificate pursuant to the NRS, to establish from time to time the number of shares to be included in each series and to fix the designation, powers, preferences and rights and the qualifications, limitations or restrictions thereof. Pursuant to the authority conferred upon the Board of Directors by the Amended and Restated Articles of Incorporation, the Board of Directors, by Unanimous Written Consent dated August 11, 2010, adopted a resolution providing for the designation, rights, powers and preferences and the qualifications, limitations and restrictions of 52,085,000 shares of Series A Preferred Stock, par value $0.0001 per share, and that a copy of such resolution is as follows:

RESOLVED, that pursuant to the authority vested in the Board of Directors of the Company, the provisions of its Amended and Restated Articles of Incorporation, and in accordance with the NRS, the Board of Directors hereby authorizes the filing of a Certificate of Designations, Preferences and Rights of Series A Preferred Stock of North American Gold & Minerals Fund. Accordingly, the Company's Series A Preferred Stock shall have the powers, preferences and rights and the qualifications, limitations and restrictions thereof, as follows:

1. DESIGNATION AND NUMBER OF SHARES. Shares of the series shall be designated and known as the Series A Preferred Stock of the Company. The Series A Preferred Stock shall consist of 52,085,000 shares and have a par value of $0.0001 per share. Shares of the Series A Preferred Stock (hereinafter referred to as the "Series A Preferred Stock") which are retired, converted into shares of the Company's common stock, purchased or otherwise acquired by the Company shall be cancelled and shall revert to authorized but un-issued preferred stock, undesignated as to series and subject to re-issuance by the Company as shares of preferred stock of any one or more series.

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2. LIQUIDATION OF THE COMPANY OR SALE OF INVESTMENT IN SHARES OF BOUSE GOLD INC .

2.1 LIQUIDATION PREFERENCE. Upon (a) any liquidation, dissolution or winding up of the Company, whether voluntary or involuntary, or (b) any sale by the Company of all or substantially all of its investment in shares (the "Bouse Shares") of common stock of Bouse Gold, Inc., a Wyoming corporation ("Bouse Gold"), the holders of the shares of Series A Preferred Stock shall be senior in rights to the holders of the Company's common stock as to proceeds of sale (after deduction of the costs and expenses of sale and a 5% handling fee, the "Bouse Proceeds") of the Company's Bouse Shares and shall be entitled to be paid a maximum amount equal to Sixteen Dollars ($16.00) per share (the " Liquidation Preference") of the Series A Preferred Stock from said Bouse Proceeds. Such amount payable with respect to one share of Series A Preferred Stock, as the case may be, is sometimes referred to herein as the "Bouse Liquidation Payment" and, with respect to all shares of Series A Preferred Stock, as the "Bouse Liquidation Payments".

2.2 If upon (a) such liquidation, dissolution or winding up of the Company, whether voluntary or involuntary, or (b) such sale by the Company of all or substantially all of its investment in the Bouse Shares, the Bouse Proceeds shall be insufficient to permit payment to the holders of Series A Preferred Stock of the full Bouse Liquidation Payments, then the entire Bouse Proceeds shall be distributed ratably among the Series A Holders.

2.3 Upon (a) any such liquidation, dissolution or winding up of the Company or (b) any such sale by the Company of all or substantially all of its investment in the Bouse Shares, after the holders of Series A Preferred Stock shall have been paid in full any Bouse Liquidation Payment to which they shall be entitled as set forth in subparagraph 2.1 above, the remaining net assets of the Company or Bouse Proceeds (to the extent that the Board of Directors declares a dividend), as the case may be, shall be distributed to the holders of common stock in proportion to the shares of common stock then held by them.

3. BOUSE DIVIDEND PREFERENCE. To the extent that any dividends are declared by the Board of Directors of the Company from current earnings of the Company that are attributable to any dividends paid to the Company by Bouse Gold ("Bouse Dividends") or Bouse Proceeds (after deduction of a 5% handling fee), shares of Series A Preferred Stock shall be entitled to receive dividends at a fixed annual rate of Three Percent (3%) of the Liquidation Preference,, payable solely from said Bouse Dividends or Bouse Proceeds, before any Bouse Dividends are paid by the Company on its common shares. Such dividends payable to the holders of the Series A Preferred Stock shall not be cumulative. So long as any shares of Series A Preferred Stock are outstanding, no dividend (other than a dividend in common stock or in any other shares ranking junior to the Series A Preferred Stock ) shall be declared or paid in any year from Bouse Dividends or Bouse Proceeds (other than from said 5% handling fee) unless, in each case, the full dividend for said year on all outstanding shares of Series A Preferred Stock

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shall have been or contemporaneously are declared and paid from the Bouse Dividends or Bouse Proceeds.

4. NO VOTING RIGHTS. Except as may be required by law and as is provided in this Certificate, no holder of outstanding shares of Series A Preferred Stock shall be entitled to vote their shares of Series A Preferred Stock.

5. REDEMPTION. The shares of Series A Preferred Stock shall not be redeemable prior to December 31, 2010. On and after January 1, 2011, the Company, at its option, may redeem shares of Series A Preferred Stock, as a whole or in part, for cash, at any time or from time to time, at a redemption price of Sixteen Dollars (US$16.00) per share plus, in each case, any declared and unpaid dividends thereon to the date fixed for redemption. In the event that fewer than all of the outstanding shares of Series A Preferred Stock are to be redeemed, the number of shares to be redeemed shall be determined by the Board of Directors and the shares to be redeemed shall be determined by lot or pro rata as may be determined by the Board of Directors or by any other method as may be determined by the Board of Directors in its discretion to be equitable. In the event the Company shall redeem shares of the Series A Preferred Stock, notice of such redemption shall be given by first class mail, postage prepaid, mailed not less than 30 nor more than 60 days prior to the redemption date, to each holder of record of the shares to be redeemed, at such holder's address as appears on the stock records of the Company, or by publishing notice thereof in a newspaper of general circulation in Clark County, Nevada. If the Company elects to provide such notice by publication, it shall also promptly mail notice of such redemption to each holder of the shares of Series A Preferred Stock to be redeemed. Each such mailed or published notice shall state: (a) the redemption date; (b) the number of shares of Series A Preferred Stock to be redeemed and, if fewer than all the shares held by such holder are to be redeemed, the number of such shares to be redeemed from such holder; (c) the redemption price; (d) the place or places where certificates for such shares are to be surrendered for payment of the redemption price; and (e) that dividends on the shares to be redeemed will cease to accrue on such redemption date. No defect in the notice of redemption or in the mailing thereof shall affect the validity of the redemption proceedings, and the failure to give notice to any holder of shares of the Series A Preferred Stock to be so redeemed shall not affect the validity of the notice given to the other holders of shares of the Series A Preferred Stock to be redeemed. Notice having been mailed or published as aforesaid, then, notwithstanding that the certificates evidencing the shares of the Series A Preferred Stock shall not have been surrendered, from and after the redemption date (unless default shall be made by the Company in providing money for the payment of the redemption price) dividends on the shares of the Series A Preferred Stock so called for redemption shall cease to accrue, and said shares shall no longer be deemed to be outstanding, and all rights of the holders thereof as stockholders of the Company (except the right to receive from the Company the redemption price) shall cease. Upon surrender in accordance with said notice of the certificates for any shares so redeemed (properly endorsed or assigned for transfer, if the Board of Directors shall so require and the notice shall so state), such shares shall be redeemed by the Company at the redemption price aforesaid. In case fewer than all the shares represented by any such

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certificate are redeemed, a new certificate shall be issued representing the unredeemed shares without cost to the holder thereof. Any shares of the Series A Preferred Stock that shall at any time have been redeemed shall, after such redemption, in the discretion of the Board of Directors of the Company, be (x) held in treasury or (y) resume the status of authorized but unissued shares of preferred stock, without designation as to series, until such shares are once more designated as part of a particular series by the Board of Directors.

6. AMENDMENTS. No provision of these terms of the Series A Preferred Stock may be amended, modified or waived as to such Series without the written consent or affirmative vote of the holders of at least fifty-one percent (51%) of the then outstanding shares of Series A Preferred Stock.

IN WITNESS WHEREOF , North American Gold & Minerals Fund has caused this Certificate to be signed by Ronald Y. Lowenthal, its President and CEO, this 11th day of August, 2010.

/s/ Ronald Y. Lowenthal
-------------------------------------
Ronald Y. Lowenthal
President & CEO

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EXHIBIT B
TERMS OF SERIES "B" PREFERRED SHARES

CERTIFICATE OF DESIGNATIONS, PREFERENCES AND RIGHTS OF SERIES "B" PREFERRED STOCK OF NORTH AMERICAN GOLD & MINERALS FUND.

NORTH AMERICAN GOLD & MINERALS FUND (the "Company"), a corporation organized and existing under and by virtue of the Revised Statutes of the State of Nevada (the "NRS"), in accordance with Section 78.1955 of the NRS, DOES HEREBY CERTIFY that:

The Amended and Restated Articles of Incorporation of the Company provide that the Company is authorized to issue 1,000,000,000 shares of preferred stock, par value US$0.0001 per share. The Amended and Restated Articles of Incorporation provide, further, that the Board of Directors is authorized, to the extent permitted by law, to provide for the issuance of the shares of preferred stock in series, and by filing a certificate pursuant to the NRS, to establish from time to time the number of shares to be included in each series and to fix the designation, powers, preferences and rights and the qualifications, limitations or restrictions thereof. Pursuant to the authority conferred upon the Board of Directors by the Amended and Restated Articles of Incorporation, the Board of Directors, by Unanimous Written Consent dated August 11, 2010, adopted a resolution providing for the designation, rights, powers and preferences and the qualifications, limitations and restrictions of 62,630,000 shares of Series B Preferred Stock, par value US$0.0001 per share, and that a copy of such resolution is as follows:

RESOLVED, that pursuant to the authority vested in the Board of Directors of the Company, the provisions of its Amended and Restated Articles of Incorporation, and in accordance with the NRS, the Board of Directors hereby authorizes the filing of a Certificate of Designations, Preferences and Rights of Series B Preferred Stock of North American Gold & Minerals Fund. Accordingly, the Company's Series B Preferred Stock shall have the powers, preferences and rights and the qualifications, limitations and restrictions thereof, as follows:

1. DESIGNATION AND NUMBER OF SHARES. Shares of the series shall be designated and known as the Series B Preferred Stock of the Company. The Series B Preferred Stock shall consist of 62,630,000 shares and have a par value of US$0.0001 per share. Shares of the Series B Preferred Stock (hereinafter referred to as the "Series B Preferred Stock") which are retired, converted into shares of the Company's common stock, purchased or otherwise acquired by the Company shall be cancelled and shall revert to authorized but un-issued preferred stock, undesignated as to series and subject to re-issuance by the Company as shares of preferred stock of any one or more series.

2. LIQUIDATION OF THE COMPANY OR SALE OF INVESTMENT IN SHARES OF SOUTH COPPERSTONE, INC.

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2.1 LIQUIDATION PREFERENCE Upon (a) any liquidation, dissolution or winding up of the Company, whether voluntary or involuntary, or (b) any sale by the Company of all or substantially all of its investment in shares (the "South Copperstone Shares") of common stock of South Copperstone Inc., a Wyoming corporation ("South Copperstone"), the holders of the shares of Series B Preferred Stock shall be senior in rights to the holders of the Company's common stock as to proceeds of sale (after deduction of the costs and expenses of sale and a 5% handling fee, the "South Copperstone Proceeds") of the Company's South Copperstone Shares and shall be entitled to be paid a maximum amount equal to Two Dollars and Twenty Cents (US$2.20) per share (the "Liquidation Preference") of the Series B Preferred Stock from said South Copperstone Proceeds. Such amount payable with respect to one share of Series B Preferred Stock, as the case may be, is sometimes referred to herein as the "South Copperstone Liquidation Payment" and, with respect to all shares of Series B Preferred Stock, as the "South Copperstone Liquidation Payments".

2.2 If upon (a) such liquidation, dissolution or winding up of the Company, whether voluntary or involuntary, or (b) such sale by the Company of all or substantially all of its investment in the South Copperstone Shares, the South Copperstone Proceeds shall be insufficient to permit payment to the holders of Series B Preferred Stock of the full South Copperstone Liquidation Payments, then the entire South Copperstone Proceeds shall be distributed ratably among the Series B Holders.

2.4 Upon (a) any such liquidation, dissolution or winding up of the Company or (b) any such sale by the Company of all or substantially all of its investment in the South Copperstone Shares, after the holders of Series B Preferred Stock shall have been paid in full any South Copperstone Liquidation Payment to which they shall be entitled as set forth in subparagraph 2.1 above, the remaining net assets of the Company or South Copperstone Proceeds (to the extent that the Board of Directors declares a dividend), as the case may be, shall be distributed to the holders of common stock in proportion to the shares of common stock then held by them.

3. SOUTH COPPERSTONE DIVIDEND PREFERENCE. To the extent that any dividends are declared by the Board of Directors of the Company from current earnings of the Company that are attributable to any dividends paid to the Company by South Copperstone ("South Copperstone Dividends") or South Copperstone Proceeds (after deduction of a 5% handling fee), shares of Series B Preferred Stock shall be entitled to receive dividends at a fixed annual rate of Three Percent (3%) of the Liquidation Preference,, payable solely from said South Copperstone Dividends or South Copperstone Proceeds, before any South Copperstone Dividends are paid by the Company on its common shares. Such dividends payable to the holders of the Series B Preferred Stock shall not be cumulative. So long as any shares of Series B Preferred Stock are outstanding, no dividend (other than a dividend in common stock or in any other shares ranking junior to the Series B Preferred Stock ) shall be declared or paid in any year from South Copperstone Dividends or South Copperstone Proceeds (other than from said 5% handling fee) unless, in each case, the full dividend for said year on all outstanding shares of Series B Preferred Stock shall have been or contemporaneously are declared and paid from the South Copperstone Dividends or South Copperstone Proceeds.

16
4. NO VOTING RIGHTS. Except as may be required by law and as is provided in this Certificate, no holder of outstanding shares of Series B Preferred Stock shall be entitled to vote their shares of Series B Preferred Stock.

5. REDEMPTION. The shares of Series B Preferred Stock shall not be redeemable prior to December 31, 2010. On and after January 1, 2011, the Company, at its option, may redeem shares of Series B Preferred Stock, as a whole or in part, for cash, at any time or from time to time, at a redemption price of Two Dollars and Twenty Cents (US$2.20) per share plus, in each case, any declared and unpaid dividends thereon to the date fixed for redemption. In the event that fewer than all of the outstanding shares of Series B Preferred Stock are to be redeemed, the number of shares to be redeemed shall be determined by the Board of Directors and the shares to be redeemed shall be determined by lot or pro rata as may be determined by the Board of Directors or by any other method as may be determined by the Board of Directors in its discretion to be equitable. In the event the Company shall redeem shares of the Series B Preferred Stock, notice of such redemption shall be given by first class mail, postage prepaid, mailed not less than 30 nor more than 60 days prior to the redemption date, to each holder of record of the shares to be redeemed, at such holder's address as appears on the stock records of the Company, or by publishing notice thereof in a newspaper of general circulation in Clark County, Nevada. If the Company elects to provide such notice by publication, it shall also promptly mail notice of such redemption to each holder of the shares of Series B Preferred Stock to be redeemed. Each such mailed or published notice shall state: (a) the redemption date; (b) the number of shares of Series B Preferred Stock to be redeemed and, if fewer than all the shares held by such holder are to be redeemed, the number of such shares to be redeemed from such holder; (c) the redemption price; (d) the place or places where certificates for such shares are to be surrendered for payment of the redemption price; and (e) that dividends on the shares to be redeemed will cease to accrue on such redemption date. No defect in the notice of redemption or in the mailing thereof shall affect the validity of the redemption proceedings, and the failure to give notice to any holder of shares of the Series B Preferred Stock to be so redeemed shall not affect the validity of the notice given to the other holders of shares of the Series B Preferred Stock to be redeemed. Notice having been mailed or published as aforesaid, then, notwithstanding that the certificates evidencing the shares of the Series B Preferred Stock shall not have been surrendered, from and after the redemption date (unless default shall be made by the Company in providing money for the payment of the redemption price) dividends on the shares of the Series B Preferred Stock so called for redemption shall cease to accrue, and said shares shall no longer be deemed to be outstanding, and all rights of the holders thereof as stockholders of the Company (except the right to receive from the Company the redemption price) shall cease. Upon surrender in accordance with said notice of the certificates for any shares so redeemed (properly endorsed or assigned for transfer, if the Board of Directors shall so require and the notice shall so state), such shares shall be redeemed by the Company at the redemption price aforesaid. In case fewer than all the shares represented by any such certificate are redeemed, a new certificate shall be issued

17
representing the unredeemed shares without cost to the holder thereof. Any shares of the Series B Preferred Stock that shall at any time have been redeemed shall, after such redemption, in the discretion of the Board of Directors of the Company, be (x) held in treasury or (y) resume the status of authorized but unissued shares of preferred stock, without designation as to series, until such shares are once more designated as part of a particular series by the Board of Directors.

6. AMENDMENTS. No provision of these terms of the Series B Preferred Stock may be amended, modified or waived as to such Series without the written consent or affirmative vote of the holders of at least fifty-one percent (51%) of the then outstanding shares of Series B Preferred Stock.

IN WITNESS WHEREOF, North American Gold & Minerals Fund has caused this Certificate to be signed by Ronald Y. Lowenthal, its President and CEO, this 11th day of August, 2010.

/s/ Ronald Y. Lowenthal
-------------------------------------
Ronald Y. Lowenthal
President & CEO

18
--------------------------------------------------------------------------------


Just a little short? I wouldn't want to be, at all~



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Offline

 

#1592 2012-05-27 09:30:32

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



GNCC Capital, Inc. (GNCP)

Moderators:SevenTenEleven, Rocket Man, digger1, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=3731



Hunt Gold Corporation (HGLC)

Moderators:SevenTenEleven, Rocket Man

http://investorshub.advfn.com/Hunt-Gold-Corporation-HGLC-11344/




North American Gold & Minerals Fund (NMGL)

Moderators:AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/North-American-Gold-&-Minerals-Fund-NMGL-16265/




ASPA Gold Corp. (RENS)

Moderators:SevenTenEleven, Rocket Man

http://investorshub.advfn.com/ASPA-Gold-Corp-RENS-19309/



SevenTenEleven 

Saturday, May 26, 2012 10:12:37 AM

Re: AlanC post# 9850

Post # of 9852

Guess I need to park this here since some hedge fund didn't like the post the first time around:


Quote:
--------------------------------------------------------------------------------
FFGO - Things aren't going so well for GS and JPM and a number of hedge funds. I wonder how many of the same folks are guilty of illegally naked short selling FFGO from above $1 to $0.0001?

A recent IPO debacle is about to come to haunt them all. Not a pink/OTC like FFGO, but a NASDQ stock that has 1B people aware of it.

Looks like whatever the principles of FFGO do now, those illegally short, and not reporting, will have no one to run to, to help their cause.

Tic Toc



SevenTenEleven 

Saturday, May 26, 2012 9:36:06 PM

Re: AlanC post# 9850

Post # of 9858

I found the following to be very interesting.


Quote:
--------------------------------------------------------------------------------
just remember your dont buy at ".0034" just to break even at a ".0034" divy !!! IMHO its higher.....".007",".015",or even a crazy "$1.00" per illegal NSS !! of course that's an SEC RULE PAYOUT !!!
--------------------------------------------------------------------------------

Tic Toc

diamondguru-one

Saturday, May 26, 2012 9:37:57 AM

Re: SevenTenEleven post# 200833

Post # of 200836

wasnt that great seeing FFGO going across the screen ??? and it was even better when people were calling to see why..Hmmmmm GREAT to be an FFGO TRUE SHAREHOLDER these days....TIC TOC

PS: and NAYSAYERS it "WASNT" a glitch for 3 months !!!! thanks for playing !!!!



Rocket Man 

Friday, May 25, 2012 5:58:33 PM

Re: diamondguru-one post# 200821

Post # of 200872

One step at a time up.. lol It would really suck to be trapped like shorty is in FFGO.. No sweat off my back.. I'd support $1.00 to teach shorty a lesson like no other..



ratsaswimin   

Friday, May 25, 2012 7:36:13 PM

Re: None

Post # of 200873

Pup - I guess Ron didn't run off too far...lol

Neither would I if I had 17 BILLION shares... GULP !

Shorty's days are numbered !



Lebron23 

Friday, May 25, 2012 7:49:19 PM

Re: Vianna post# 200813

Post # of 200873

V is in the House!!!!!!!!!!!!!!!
Good Evening Vianna, great to see your post!
And, AlanC, terrific information. It was kind of the point I was trying to make earlier. I think that management and their attorneys gained clarification from the SEC before they even filed Form 15.
Like V said, "Hope is Alive"!!!!
Have a Great Weekend FFGO'ers!



Rocket Man 

Friday, May 25, 2012 8:35:44 PM

Re: A deleted message

Post # of 200873

Lol. Keep thinking that about FFGO and joining in on the fun here for no reason years on end on a revoked stock.. Good one. lol That is easy to believe.. No reason, right!! Not! Eveyone knows darn well FFGO has a massive STUCK short position right along side the longs.. Except the longs including Ronnie have shares all nice and snug in WD held by NMGL worth some $258 mil. I noticed the panic last night and yesterday.. It was quite humorous. Go FFGO



Rocket Man 

Friday, May 25, 2012 9:15:19 PM

Re: RoadLessTraveled post# 194987

Post # of 200873

Good point.. I like it about FFGO..


Quote:
--------------------------------------------------------------------------------
How about...

The divvy will not be considered cancelled until the company says it is ~ RoadLessTraveled
--------------------------------------------------------------------------------

puppydotcom


Quote:
--------------------------------------------------------------------------------
Share
Friday, February 17, 2012 5:36:51 PM
Re: Doubleday post# 194984

Post # of 200828
1 .. it will take a year or longer to get divvy
2 .. 5 trillion share is a trap for shorty
3 .. FFGO is back, Etrade said corp action is taking place
4 .. FFGO and NMGL are working with the SEC to trap NSS and were told to stop filing
5.. FFGO is not gone - just waiting in the background to trap shorty
6.. fortfinancegroup.com/ it is still ticking.Only until may...lol
7.. Taking the loss on your taxes, is helping the shorts
8..
9..
10.
--------------------------------------------------------------------------------


Just a little short? I wouldn't want to be, at all~



Rocket Man 

Friday, May 25, 2012 10:33:54 PM

Re: RoadLessTraveled post# 195540

Post # of 200873

I am pretty sure that Finra states there is ample room for impropriety in respect to daily short sale volume reporting. Not only do they suggest it is under-reported it is likely to be under-inclusive.

The data shows per FINRA that for almost two years FFGO daily short volume was in excess of 90% each and every day it traded. If one looks to the charts over the time frame 2010 - 2011 and Level II on 02/172011, one can do the math how FINRA is spot on.. I feel they knew and know there is a problem in FFGO long before 2010, as many of us do as well.

As for Reg Sho Bi-Monthly reports being stopped at a very compelling time frame for FFGO is an astounding piece of data that in my opinion was allowed to go without being addressed. As for it being the root cause of share holders not getting a dividend distribution, in whole maybe not, but may be a very integral part of it. DTCC.. ??

Think about it, billions of shares in volume at times that were under-reported or the reporting was under-inclusive for years.. Go back pre reverse split in GWGO and one can paint one major issue going forward. The company even talked about it in press releases. (Keep in mind we see a very special group sticking around FFGO today imo, that has a completely opposite point of view and for good reason, per FINRA imo.)

(Billions of shares short with possible issues per T/A Quick Silver dating back pre 2000/1 Reverse split in GWGO could have staggering implications.)

AS for FINRA not responding to shareholders or the data offered, not sure of AlanC's response back from them, however, I spoke to a nice young man and young women about the topic of FFGO and short shares and both struggled for upwards of 15 - 30 minutes each on the matter. The two struggled to explain why FFGO was showing numbers so extreme. One went so far as to suggest I was the one shorting the stock.. True..

As for where are the teams of attornies

If you could go back and look at the last 8k filing of FFGO and look at the OTC numbers one could easily see and reference that in fact the Reg Sho Bi-Monthly reports did quit that day.. 08/10/201 (Memory serves me.) AlanC is correct.

Where are the teams of lawyers to fight for FFGO shareholders? Good question? Why is JPM under the hood for not only 2 billion but may be 100 billion? Lawyers go where the money is.. They know Jonny jump start pink sheet trader has no to little money.. But those that can afford to short sub penny stocks may very well have ample! Get my point..

It is not that FINRAs documentation is the problem, it is enforcement of that documentation (reporting) that is lacking.. Many call for the reason that companies are not shut down and or halted, etc., is because the SEC is to busy.. Again, get the point? lol

What we are witnessing imo now in FFGO is just that, a means to bring justice. NMGL just fired a salvo across shorties bow by filing the form 15.

Nothing makes me think that there is anything standing between shareholders not being treated like insiders per the documents filed with the SEC for NMGL and FFGO. There is a union. It is one $258 million dollar union with North American Gold Fund and Western Diversified. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7410584


Quote:
--------------------------------------------------------------------------------
ARTICLE I
SALE OF SHARES AND CLOSING DATE

1.01 Shares. Subject to the terms and conditions hereinafter set forth, Purchaser hereby agrees to purchase the Shares from Seller for the Purchase Price (as defined below) and Seller agrees to sell the Shares to Purchaser for the Purchase Price.

1.02 Purchase Price. (a) The purchase price for the Bouse Shares shall be 12,096,115 shares of Purchaser's Class A Preferred Stock, valued at $16.00 per share (the liquidation preference), having the terms and conditions set forth in Exhibit A hereto (the "Class A Shares"). This equates to US$193,537,839 or US$0.3788 per share of common stock of Bouse Gold, Inc. The purchase price for the South Copperstone Shares shall be 29,334,212 shares of Purchaser's Class B Preferred Stock, valued at $2,20 per share (the liquidation preference) and having the terms and conditions set forth in Exhibit B hereto share (the "Class B Shares"). This equates to US$64,535,268 or US$0.06263 per share of common stock of South Copperstone, Inc. (The "Class A Shares" and the "Class B Shares" are sometimes referred to herein as the "Preferred Shares"). The Preferred Shares will be delivered by Purchaser, and the Shares will be delivered by Seller, at the Closing (as that term is defined in paragraph 1.03). The price per Share set forth in this Section 1.02, which is a combined transaction value of $258,073,107 or $0.003449 per share of common stock of Western's corporate parent, is final and shall not be subject to adjustment based on future changes in the price of gold.
--------------------------------------------------------------------------------




If anyone was standing between me and hundreds of thousands of dollars, much less millions, I would move heaven & earth to make sure that justice was served and I received what I was legally entitled to. And yet, FFGO-ers seem to be happy to sit complacently, post ad nauseum on a message board and wait for others to do all the work.


Quote:
--------------------------------------------------------------------------------
8 Certain OTC transactions (e.g., riskless principal and agency transactions where one member is acting on behalf of another member) are reported to FINRA in related tape and non-tape reports. Tape reports are submitted to FINRA for public dissemination by the appropriate exclusive Securities Information Processor (“SIP”), while non-tape reports are submitted to FINRA, but are not submitted to the SIP for public dissemination. FINRA will not be including non-tape reports in either the daily short sale volume file or the monthly short sale transaction file. Accordingly, in those instances where the short sale indicator is only included in the related non-tape report, the short sale data published in the daily and monthly files may be under-inclusive. Similarly, the published figures will not include odd lots since these transactions are not disseminated to the consolidated tape.


11 While members generally are required to report trades in equity securities to FINRA within 90 seconds, a firm could improperly delay reporting of short sales until well after the close, which would result in the under-reporting of over-the-counter short sale volume. Delaying the reporting of trades for such a purpose would be considered a violation of the applicable trade reporting rules and Rule 2010 (Standards of Commercial Honor and Principles of Trade).


http://www.sec.gov/rules/sro/finra/2009/34-60807.pdf

--------------------------------------------------------------------------------




Quote:
--------------------------------------------------------------------------------
Wait a minute (Alanc), ...please help me understand something.

You say that that FINRA is so embarrassed by the Daily Short numbers you have posted, which you claim prove naked shorting beyond a shadow of a doubt, that not only do they refuse to reply your emails but also failed in their responsibilities by having ceased reporting the bi-monthly list back in August? And this behavior is preventing the rightful distribution of billions of dollars to the wronged shareholders?

If so, then where are the teams of lawyers fighting to correct this egregious injustice? Wouldn't law firms be eager to represent FFGO shareholders for such an easy payday? With such clear cut factual evidence, shouldn't even a first year law student be able to breeze through the court system using FINRA's own documentation against them?

All I have seen on this board are assurances that shareholders will be rewarded once the NSS-ers are finally brought to justice...and yet I can find no legal actions having been initiated, just endless rhetoric.

If anyone was standing between me and hundreds of thousands of dollars, much less millions, I would move heaven & earth to make sure that justice was served and I received what I was legally entitled to. And yet, FFGO-ers seem to be happy to sit complacently, post ad nauseum on a message board and wait for others to do all the work.

What am I missing here???
--------------------------------------------------------------------------------




Maybe this?



Or this day 02/17/2010 in FFGO!




Quote:
--------------------------------------------------------------------------------
FINRA provides the evidence in black and white. Total volume traded for the day and the percentage of the total volume that were short sales. The numbers are staggering. Over 90% and
FINRA admits there numbers are on the low side. UBSS and Credit Suisse fined by regulators for mismarking short trades and calling them long. It is likely that every single share sold in the past two years did not exist. 100% short sales! Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

FINRA short sale numbers for Novemeber 2010 for FFGO!!!

20101101|FFGO|2849999|3849999|0 74%
20101102|FFGO|1750000|1750000|O 100%
20101103|FFGO|7000000|7107200|O 98%
20101104|FFGO|2000000|2000000|O 100%
20101105|FFGO|7999999|10999999|O 73%
20101108|FFGO|15050000|26500000|O 57%
20101110|FFGO|1000000|2898917|O 34%
20101111|FFGO|2419999|2419999|O 100%
20101112|FFGO|3100000|3200000|O 97%
20101116|FFGO|1000000|1340000|O 75%
20101117|FFGO|6000001|10778584|O 56%
20101118|FFGO|2000000|4014600|O 50%
20101122|FFGO|19845000|19845000|O 100%
20101123|FFGO|500000|1000000|O 50%
20101130|FFGO|20385000|21035000|O 97%
Nov. totals: 79,354,998.00 107,739,299.00 74% sold short

Here are the FINRA short sale numbers for December 2010:

20101202|FFGO|999999|999999|O 100%
20101203|FFGO|615000|4585000|O 13%
20101206|FFGO|1100000|1220000|O 90%
20101207|FFGO|700000|3700000|O 19%
20101208|FFGO|750000|1017259|O 74%
20101209|FFGO|2500000|4500000|O 56%
20101210|FFGO|57089999|74194973|O 77%
20101213|FFGO|6000000|10005000|O 59.7%
20101214|FFGO|28900077|31695902|O 91%
20101215|FFGO|5500000|5704441|O 96%
20101216|FFGO|33250000|54755000|O 61%
20101217|FFGO|8890998|9340998|O 95%
20101220|FFGO|5615800|6660800|O 84%
20101221|FFGO|9600000|11200000|O 86%
20101222|FFGO|24577777|31723803|O 77%
20101227|FFGO|154399995|176901620|O 87%
20101228|FFGO|4999999|4999999|O 100%
20101229|FFGO|9382269|9426819|O 100%
20101230|FFGO|7000000|7010000|O 100%
20101231|FFGO|4081168|8192303|0 50%
Dec. totals: 361,453,081.00 457,833,916.00 79%


2010 short sale totals: 440,808,079. out of a total volume of 565,573,215 or 78% shares sold short. Note well the SEC only started publishing FINRA's daily short sale numbers in Nov. of 2010.


January 2011

20110103|FFGO|20000000|22953402|O 87%
20110104|FFGO|9100000|9400000|O 96.8%
20110105|FFGO|8250000|13250000|O 62.3%
20110106|FFGO|11000000|11220000|O 98%
20110107|FFGO|9999999|9999999|O 100%
20110110|FFGO|400000|900000|O 44%
20110111|FFGO|1500000|2000000|O 75%
20110112|FFGO|1400000|1400000|O 100%
20110113|FFGO|1300000|1800000|O 72%
20110114|FFGO|23859999|38587151|O 61%
20110118|FFGO|3000400|3400400|O 88%
20110120|FFGO|7499999|8099999|O 92.5%
20110124|FFGO|1800000|1800000|O 100%
20110125|FFGO|800000|800000|O 100%
20110126|FFGO|10000000|10000625|O 99.9%
20110131|FFGO|317800|317800|O 100%


February 2011

20110202|FFGO|20700000|36210000|O 57%
20110203|FFGO|13400000|38601000|O 34.7%
20110209|FFGO|200000|365000|O 54.7%
20110210|FFGO|2900000|3700000|O 78.3%
20110211|FFGO|500000|4970000|O 10%
20110214|FFGO|2000000|2006250|O 99.6%
20110216|FFGO|17700000|27770000|O 63%
20110217|FFGO|525499999|528499999|O 99.4% COLD WINTER DAY
20110218|FFGO|7600000|8725000|O 87.1%
20110222|FFGO|10000000|10526708|O 94.9%
20110223|FFGO|2000000|2700000|O 74%
20110225|FFGO|1000000|1455000|O 68.7%

March 2011

20110301|FFGO|1000000|0|1350000|O 74%
20110303|FFGO|1795000|0|3492848|O 51%
20110304|FFGO|100000|0|100000|O 100%
20110307|FFGO|1800000|0|1800000|O 100%
20110311|FFGO|500000|0|500000|O 100%
20110314|FFGO|2000000|0|2000000|O 100%
20110315|FFGO|3500000|0|4500000|O 77.7%
20110316|FFGO|11500000|0|11500650|O 99.99%
20110317|FFGO|3114000|0|3617357|O 86%
20110318|FFGO|13020000|0|13020000|O 100%
20110324|FFGO|150000|0|701113|O 21%
20110325|FFGO|110000|0|110000|O 100%
20110329|FFGO|1497300|0|1497300|O 100%
20110331|FFGO|1999999|0|3430269|O 58%

April 2011

20110404|FFGO|5891100|0|6651100|O 88.5%
20110405|FFGO|126400|0|126400|O 100%
20110406|FFGO|150000|0|150000|O 100%
20110411|FFGO|456000|0|456000|O 100%
20110413|FFGO|876543|0|876543|O 100%
20110414|FFGO|4100000|0|4741400|O 86.4%
20110415|FFGO|1500000|0|2500000|O 65%
20110420|FFGO|100000|0|100000|O 100%
20110421|FFGO|1560000|0|1560000|O 100%
20110425|FDTC|4000|0|25000|O 16%
20110426|FFGO|1000000|0|1000162|O 99.9%
20110427|FFGO|1000000|0|1000000|O 100%
20110428|FFGO|8072700|0|8322700|O 96.9%
20110429|FFGO|30210000|0|30210000|O 100%

May 2011

20110502|FFGO|4476700|0|4476700|O 100%
20110503|FFGO|7338600|0|10788600|O 68%
20110504|FFGO|2000000|0|2000000|O 100%
20110505|FFGO|1620000|0|2140000|O 75.7%
20110506|FFGO|1500000|0|1505583|O 99.6%
20110509|FFGO|1000000|0|1000000|O 100%
20110511|FFGO|3000000|0|3040000|O 88.2%
20110512|FFGO|7200000|0|8200000|O 87.8%
20110516|FFGO|8200000|0|8300000|O 98.7%
20110517|FFGO|4099900|0|4199900|O 97.6%
20110518|FFGO|585000|0|585000|O 100%
20110520|FFGO|1000777|0|1000777|O 100%
20110523|FFGO|2000000|0|2000000|O 100%
20110524|FFGO|500000|0|800000|O 62%
20110525|FFGO|18585000|0|18585000|O 100%
20110527|FFGO|1000000|0|1000000|O 100%
20110531|FFGO|7628700|0|8031462|O 94.9%

June 2011

20110603|FFGO|400000|0|400000|O 100%
20110606|FFGO|2710000|0|2710000|O 100%
20110607|FFGO|24000000|0|24000000|O 100%
20110608|FFGO|173800|0|173800|O 100%
20110609|FFGO|2500000|0|2500000|O 100%
20110610|FFGO|83100|0|83100|O 100%
20110614|FFGO|1500000|0|1500000|O 100%
20110615|FFGO|1000000|0|1000000|O 100%
20110616|FFGO|2000000|0|2000000|O 100%
20110617|FFGO|1105223|0|1355223|O 81.5%
20110621|FFGO|423000|0|423000|O 100%
20110623|FFGO|1000000|0|1000000|O 100%
20110624|FFGO|3401333|0|3401333|O 100%
20110629|FFGO|8619200|0|8619200|O 100%
20110630|FFGO|200400|0|200400|O 100%

July 2011

20110701|FFGO|5497995|0|5497995|O 100%
20110706|FFGO|400400|0|700400|O 57%
20110711|FFGO|500000|0|1400000|O 35%
20110714|FFGO|1102699|0|1102699|O 100%
20110715|FFGO|300100|0|400100|O 75%
20110718|FFGO|10850000|0|10850000|O 100%
20110719|FFGO|74000000|0|74000000|O 100%
20110720|FFGO|54100000|0|54100000|O 100%
20110722|FFGO|30000000|0|30000000|O 100%
20110725|FFGO|10346500|0|10346500|O 100%
20110727|FFGO|2400100|0|3400100|O 70.5%

August 2011

20110801|FFGO|8900000|0|8900000|O 100%
20110803|FFGO|5550000|0|5550000|O 100%
20110804|FFGO|7000100|0|10325100|O 67%
20110805|FFGO|5573333|0|5723333|O 100%
20110808|FFGO|405800|0|405800|O 100%
20110809|FFGO|3400000|0|3500000|O 97.1%
20110811|FFGO|3279000|0|3279000|O 100%
20110812|FFGO|100100|0|100100|O 100%
20110815|FFGO|14500000|0|14500000|O 100%
20110816|FFGO|1000000|0|1000000|O 100%
20110817|FFGO|10490000|0|10490000|O 100%
20110818|FFGO|4000000|0|4000000|O 100%
20110822|FFGO|467000|0|467000|O 100%
20110823|FFGO|55633600|0|55633600|O 100%
20110824|FFGO|500000|0|500000|O 100%
20110825|FFGO|750000|0|750000|O 100%
20110829|FFGO|1500000|0|1500000|O 100%
20110831|FFGO|45327062|0|61885560|O 73.2%


September 2011

20110901|FFGO| 777000|0| 832000|O 93.3%
20110902|FFGO|4000000|0|4000000|O 100%
20110908|FFGO|1920000|0|1920000|O 100%
20110909|FFGO|2500000|0|2500000|O 100%
20110913|FFGO|5000000|0|5299100|O 94.3%
20110914|FFGO|3000000|0|3000000|O 100%
20110923|FFGO|2000000|0|2320000|O 86.2%
20110928|FFGO|1000600|0|1125600|O 88.8%

Month totals: 20,197,600/20,996,700 96.1%

October 2011

20111003|FFGO|500000|0|500000|O 100%
20111004|FFGO|2000000|0|2000000|O 100%
20111005|FFGO|310000|0|590000|O 52.5%
20111006|FFGO|600000|0|1600000|O 37.5%
20111010|FFGO|100000|0|100000|O 100%
20111012|FFGO|2010000|0|2390000|O 84.1%
20111013|FFGO|2999999|0|2999999|O 100%
20111014|FFGO|4000000|0|4000000|O 100%
20111018|FFGO|8000000|0|11000000|O 72.7%
20111019|FFGO|1000000|0|1000000|O 100%
20111026|FFGO|2150000|0|2150000|O 100%


Month totals: 23,659,999/28329,999 83.5%

FFGO YEAR TO DATE

JAN 110,228,197/ 135,899,376
FEB 603,499,999/ 665,528,957
MAR 42,086,299/ 47,619,537
APR 55,046,743/ 57,719,305
MAY 71,734,677/ 77,653,022
JUN 49,116,056/ 49,366,056
JLY 189,497,794/ 191,797,794
AUG 168,375,995/ 188,509,493
SEP 20,197,000/ 20,996,700
OCT 23,659,999/28,329,999
Year to date totals

1,333,442.759/ 1,453,420,239 91.7% SHORT VOLUME for shares sold in 2011

regsho.finra.org/FORFshvol20110324.txt
Total short volume since FINRA began publishing records in Nov. 2010:
1,774,250,838 short shares sold out of total volume of 2,018,993,454 or 87.9% of all shares sold were sold short!
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!
--------------------------------------------------------------------------------



https://twitter.com/Slashn/status/206215163219677185


Just a little short? I wouldn't want to be, at all~




Rocket Man 

Friday, May 25, 2012 10:40:55 PM

Re: A deleted message

Post # of 200873

Scary thought about that.. However, per the Colliston Report the Walker Trend is filthy with Gold. Our neighbor to the S. Copperstone has hit mega OZs per tonne. The NEIGHBOR! SAME FREAKING DETACHMENT FAULT...



SevenTenEleven 

Friday, May 25, 2012 10:47:08 PM

Re: Rocket Man post# 200832

Post # of 200873

Good to know that the area is red hold with GOLD!

$1.60/share?

Isn't that where FFGO was trading when the ticker was running across CNBC's screen a few years back?

Tic Toc



AlanC

Saturday, May 26, 2012 9:55:02 AM

Re: diamondguru-one post# 200836

Post # of 200873

There has been many many posts about shorting and naked shorting on this thread over the years. I can remember a few years ago when the spin was there is no such thing as naked shorting. Once it was clear that it could no longer be denied that it existed, without appearing to be a buffoon, the spin changed to naked shorting happens from time to time but it is only temporary and done only by market makers to provide liquidity and is quickly cleared up. Thanks to the internet and the easy distribution of facts we all know now with certainty that spin was hogwash as well and abusive naked shorting is a huge problem. It is so big a problem in fact that 2 of FINRA's top 10 cases are naked shorting cases: http://www.securitiestechnologymonitor.com/gallery/finra-enforcement-25-top-cases-30622-1.html
A few of the FFGO longs have documented actual FINRA daily numbers as you know which reflected over 90% of the volume since FINRA began keeping records were in fact short sales. No spin on that as the numbers came directly from FINRA. In addition several of us have tried to get explanations from FINRA as to those numbers and why FFGO stopped being posted on the bimonthly SHO list and unfortunatly FINRA does not want to discuss either issue.
It is nice to see that FINRA seems to be making some progress on the naked shorting issue but we all need to push our Congresscritters to keep the pressure on regulators. Go FFGO!!!



SevenTenEleven 

Saturday, May 26, 2012 10:41:51 AM

Re: lucvuillermoz post# 200839

Post # of 200873

He bought it because he knows there is far greater value than $0.0035.

He will see double that, IMO. Maybe more.



SevenTenEleven 

Saturday, May 26, 2012 10:52:54 AM

Re: lucvuillermoz post# 200841

Post # of 200874

Form 15 filed this week protects our preferred shares that are being held by WD. Remember, Wyoming Statutes allow for companies incorporated in Wyoming to distribute assets to shareholders in the event of a voluntary or mandatory dissolution. I have posted the statutes a number of times and have sticked them a number of time. This information is material information and should remain stickied.

Tic Toc



SevenTenEleven 

Saturday, May 26, 2012 11:11:04 AM

Re: lucvuillermoz post# 200845

Post # of 200874

I accumulated knowing the risk and knowing the potential.

I still believe there is significant potential for shareholders to receive our dividend, as outlined by the company.



SevenTenEleven 

Saturday, May 26, 2012 11:39:58 AM

Re: lucvuillermoz post# 200847

Post # of 200874

Retail brokers have been depositing book entries into shareholders' accounts for years for OTC stocks without having certs to back them up. There was a recent ruling in California against ETrade for not being able to provide a client with a certificate for a position they electronically deposited in his account. There will be much more to follow for ETrade and for the other big retail brokers.

One question that remains, "How many billions of nonexistent shares have the retail brokers deposited into shareholders accounts for FFGO? And if so, why have they not been required to disclose to FINRA all along?

I believe the Form 15 filing by NMGL is the next step in the dividend distribution process.

I also believe we will never see the preferreds. We will see a cash distribution for those preferreds, IMO. It is possible the settlement will be the discussed $0.003449/share, plus 3% annual interest. But it may also be double that or more depending upon the nature of the sale of the assets.

With all that is going on with GS, JPM, etc, anything not above board regarding the dividend will not be looked favorably upon by regulators or the investment public. All of the past and recent illegal market activity by the bankers, brokers, market makers, and hedge funds will play to our advantage moving forward.

Tic Toc



OldBen 

Saturday, May 26, 2012 11:53:19 AM

Re: AlanC post# 200837

Post # of 200874

Very True!! Many posters state that NSS somehow hasn't happened in penny stocks. As soon as we get cases in penny stocks, the same posters will say that it hasn't happened in FFGO. Their argument keeps getting smaller and smaller. I look forward to the day when FFGO deals with NSS.



OldBen 

Saturday, May 26, 2012 12:09:45 PM

Re: SevenTenEleven post# 200848

Post # of 200874

How very true. There are many class action lawsuits against banks that helped cause people to lose their home during the bank's derivative, toxic asset driven, bad loan fueled that helped cause the 2009 recession. Politicians are trying to stay on the good side of voters and downplay any involvement politicians had in the fiasco by creating new banking laws and new lawsuits.

NSS has an extra push in being exposed as politicians and lawmakers try to uncover ALL the illegal activities of the banking community. NSS will be as commonly used as derivatives and the real estate crash became. NSS will become a scape goat in the next recession that is likely underway as we speak. Retail brokers, hedge funds, etc. will become scrutinized and prosecuted as politicians and lawmakers go after NSS.

I would not even be surprised if we will someday in the next year or two hear actual television news broadcasters even use the word "shorty" to help describe the Hundreds of billions that were stolen in our financial markets.

Mortgage companies were only partially complicit in people's poor choices in buying and keeping and later losing their homes. NSS activities of retail brokers and others are 100% responsible for NSS. Imagine the criminal and civil liabilities that will stack up and all the negative press.

Exposing NSS in FFGO will be a cakewalk in this environment. No one will even have to pick up a phone. It will be done already.



stockseekerok 

Saturday, May 26, 2012 12:13:07 PM

Re: AlanC post# 200799

Post # of 200874

AlanC the legislation removes SEC regulations preventing small businesses from using advertisements to attract investors and raises from 500 to 2,000 the number of shareholders a company or community bank can have before it must register with the SEC.

http://www.huffingtonpost.com/2012/04/05/obama-signs-jobs-act_n_1406368.html



stockseekerok 

Saturday, May 26, 2012 12:16:13 PM

Re: None

Post # of 200875

Ronald Lowenthal Executive Chairman

I believe I remember that Name from here but I did not realize till now the association here

http://investorshub.advfn.com/GNCC-Capital-Inc-GNCP-3731/



AlanC

Saturday, May 26, 2012 12:22:04 PM

Re: stockseekerok post# 200853

Post # of 200876

Thanks for sharing that link. Small business is what has made America great and anything designed to help create jobs and stimulate the economy is a good thing. It is encouraging to see and also encouraging to see FINRA starting at least to go after the naked shorters. I am of the opinion the SEC could put an end to it overnight by having a zero tolerance for FTD trades. Any trade resulting in a FTD must be reversed with all funds including commissions and the party causing the FTD pays a penalty to the injured party equal to 10% of the dollar value of the trade. Go FFGO!!!



stockseekerok 

Saturday, May 26, 2012 12:33:11 PM

Re: AlanC post# 200857

Post # of 200876

Your welcome Alan/ It seems not many people are aware of that change yet.

Now tell me a little about the other post i made

I see a connection to here



shpan8   

Saturday, May 26, 2012 5:12:51 PM

Re: Vianna post# 200813

Post # of 200876

Good Weekend Vianna and all FFGOers! Go Long FFGO! Shpan8




Texan77   

Saturday, May 26, 2012 5:14:37 PM

Re: stockseekerok post# 200855

Post # of 200876

check 2008 filing see anything familiar?



AlanC

Saturday, May 26, 2012 5:20:13 PM

Re: stockseekerok post# 200858

Post # of 200876

Mr. Lowenthal is a very large shareholder and his biography is quite interesting:

http://investing.businessweek.com/research/stocks/people/person.asp?personId=43225403&ticker=NMGL:US

Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



diamondguru-one 

Saturday, May 26, 2012 7:05:09 PM

Re: AlanC post# 200862

Post # of 200876

just remember your dont buy at ".0034" just to break even at a ".0034" divy !!! IMHO its higher.....".007",".015",or even a crazy "$1.00" per illegal NSS !! of course that's an SEC RULE PAYOUT !!!

PS..look it up Naysayers !!! its in BLACK and WHITE !!



SevenTenEleven 

Saturday, May 26, 2012 7:14:55 PM

Re: ratsaswimin post# 200851

Post # of 200876

Great post! This is exactly what has happen to FFGO.

The huge NSS is an asset. An asset that will afford shareholders an opportunity for $1/share or more!

Time to go after the market makers and the clearing houses that allow the Canadian naked short seller to flood the market with counterfeit inventory.



stockseekerok 

Saturday, May 26, 2012 8:59:00 PM

Re: ratsaswimin post# 200856

Post # of 200876

This Post should be stickied as It may well be at least for me the first documented case I have seen where someone was charged and convicted of NSS charges



stockseekerok 

Sunday, May 27, 2012 12:14:32 AM

Re: overachiever post# 200867

Post # of 200876

Yeah well I bought into the one I mentioned before I saw that name, Im Very familiar with all the Lumb plays I dont know why i wasnt aware of that one , Now I already played it once from .04 to .11. Im in at .025 this time I hope I get a chance to trade out now that i see who is involved



LAMBSHIFT   

Sunday, May 27, 2012 5:44:26 AM

Re: SevenTenEleven post# 200865

Post # of 200876

I too think the price of 1$/share is rather realistic because of the following: if you imagine a preferred stock coupled to an underlying good, the price of the pref. will rise, if the price of the good is rising. if the company redeems the stock, you will only get the redemption price (= liquidation preference). considering FFGO and the pref.A and B: in the case we would get the "physical" pref.s, these pref.s in our hands would rise in price with the price of gold. remember : the liquid. prefer. is calculated with a price of gold of about 1.200$/ounce.consequence: if we don´t get the "physical" pref.A and B shares because of that suspected NSS position, these NSS people have to pay us the difference as a kind of compensation for damages.this could be a lot of money. it would be the proof that crime doesn´t pay out in the long run.



AlanC

Sunday, May 27, 2012 6:40:17 AM

Re: LAMBSHIFT post# 200869

Post # of 200876

Your analysis would certainly explain some of the activity here.
Looking forward to news and watching closely world events.
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



LAMBSHIFT   

Sunday, May 27, 2012 8:22:40 AM

Re: JammingJAY post# 200863

Post # of 200876

of course, Searchlight Explor. has the legal rights to take the assets, but - and this is very important - S.E. is not obliged to exercise its rights. there isn´t any proof for your assertion. but remember, remember -here not the 5th of November- but the long awaited sign of life by NMGL: the filing of FORM 15 some days ago.

if there is this suspected huge NSS position, of which I am convinced, we could soon become witnesses of a kind of "bloodshed". as I said before: remember, remember,..., cover before it´s too late.



SevenTenEleven 

Sunday, May 27, 2012 8:47:25 AM

Re: LAMBSHIFT post# 200869

Post # of 200876

FFGO - With what is going on with the big banks and the high profile crime and corruption they are about to be exposed for, yet again, it will be very difficult for those who have been illegally naked short selling OTC stocks to find support from the SEC, FINRA, or the DTCC when push comes to shove.

$1 per share seems fair and it also is a legally binding transaction.

Looking forward to pressure continuing to mount for those illegally short.

Tic Toc



SevenTenEleven 

Sunday, May 27, 2012 9:53:49 AM

Re: medchal post# 200873

Post # of 200876

FFGO - $0.003449 OR MORE COMING!

GOOD LUCK!



LAMBSHIFT   

Sunday, May 27, 2012 9:59:33 AM

Re: medchal post# 200873

Post # of 200876

wait and see, medchal. if payday arrives, I hope you will not be among those people, who have to pay the longterm shareholders.



LAMBSHIFT   

Sunday, May 27, 2012 10:00:55 AM

Re: medchal post# 200873

Post # of 200876

wait and see, medchal. if payday arrives, I hope you will not be among those people, who have to pay the longterm shareholders.



SevenTenEleven 

Friday, May 25, 2012 7:11:16 PM

Re: None

Post # of 1468

GNCP - Looks like everything is coming together nicely for the principles.

Those naked short selling market makers and the manipulative hedge fund managers are about to learn a very costly lesson.

Tic Toc



shpan8   

Saturday, May 26, 2012 5:17:19 PM

Re: SevenTenEleven post# 31220

Post # of 31246

Good Weekend 7-10-11 and all HGLCers,Go long HGLC! Shpan8




wrj 

Saturday, May 26, 2012 6:08:07 PM

Re: None

Post # of 31246

Ronald Yadin Lowenthal

Board Members Memberships*

Executive Chairman
GNCC Capital, Inc.

Non Executive Director
Prime Time Group, Inc.

Non Executive Director
Hunt Gold Corporation

2009-Present
Chief Executive Officer, President, Chief Financial Officer, Principal Accounting Officer, Secretary, Treasurer and Director
North American Gold & Minerals Fund
2010-Present
Chief Executive Officer, President and Director
ASPA Gold Corp.

http://investing.businessweek.com/research/stocks/people/person.asp?personId=43225403&ticker=NMGL:US




wrj 

Saturday, May 26, 2012 6:19:26 PM

Re: None

Post # of 31246

Hunt Gold Corp

Shares Outstanding 293.8B

I wouldn't be suprised to see a 1/1000 reverse split when the time is right. That might put the short guys in a real bind!

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=HGLC:US



mwab52   

Friday, May 25, 2012 7:05:10 PM

Re: puppydotcom post# 7553

Post # of 7561

Looks like you missed something....(FFGO)


Please place an X in the box(es) to designate the appropriate rule provisions(s)
relied upon to terminate or suspend the duty to file reports:


Rule 12g-4(a)(1)(i) x Rule 12h-3(b)(1)(i) o
Rule 12g-4(a)(1)(ii) o Rule 12h-3(b)(1)(ii) o
Rule 12g-4(a)(2)(i) o Rule 12h-3(b)(2)(i) o
Rule 12g-4(a)(2)(ii) o Rule 12h-3(b)(2)(ii) o
Rule 15d-6 o



Approximate number of holders of record as of the certification or notice date:
35.



Texan77   

Friday, May 25, 2012 8:52:39 PM

Re: puppydotcom post# 7551

Post # of 7561

i am proud to disagree with you


of course my premis is correct


just read the sec doc on the purpose of exemption its very clear or just read the peramiters which i see make it clear shareholder count size of entity what/. lol


shortys escape routes are being blocked arnt they?


talk about motive calling the kettle black i say yup, what say you?


ahh the ffgo question lol if you cant see that answer well tuff i do lol



AlanC

Friday, May 25, 2012 8:56:47 PM

Re: Texan77 post# 7556

Post # of 7561

It is kind of like a hangman's noose that is closing on the shortman. When will that trap door open? Go NMGL!!!



Texan77   

Friday, May 25, 2012 8:58:49 PM

Re: AlanC post# 7557

Post # of 7561

the truth is criptonite to them



mwab52   

Friday, May 25, 2012 9:50:33 PM

Re: Nitwit post# 7555

Post # of 7561

But yet and still here we are.I wonder why? Hold onto those shares.(NMGL)



SevenTenEleven 

Thursday, May 24, 2012 5:33:55 PM

Re: puppydotcom post# 3187

Post # of 3201

RENS - LOOKS LIKE RON IS STILL AROUND!

FANTASY CLAIMS THAT HE DISAPPEARED PROVEN INCORRECT!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75956304

LOOKS LIKE NO PATH TO REVOCATION FOR NMGL!

NO NEED TO CHECK FOR SEC FILINGS ANYMORE!

GOOD LUCK!



SevenTenEleven 

Thursday, May 24, 2012 6:30:06 PM

Re: puppydotcom post# 3191

Post # of 3201

why are you so happy?

lol

its worse for share holders now..

its a dark company - puppydotcom

LOL!

Does not mean it is dark. Just means that they do not have to file Form 10K's or Form 10Q's.

The very same Forms some were claiming would lead to the revocation.

Claims that Ron was gone, disappeared, left with everyone's money was just proven incorrect today.

Good Luck!




AlanC

Friday, May 25, 2012 11:56:26 AM

Re: SevenTenEleven post# 3192

Post # of 3201

Spot on 7/10/11! Will be looking to see what happens with the shareprice of NMGL. It should go way down now, right? Go RENS!!!



Bull Finch 

Sunday, May 27, 2012 10:58:24 AM

Re: None

Post # of 200877

Remedial for Our Slow Learners!

Please open the links below and study for the up coming test, varmit will be conducting a test next week(s)!

All information with in the links is testable including acronyms such as 5T, and WD!

http://www.youtube.com/watch?v=Aa3HXdqNWIM

http://investorshub.advfn.com/West-Africa-Gold-(WAGI)-2847/

http://investorshub.advfn.com/Fortress-Financial-Group-(fka-FFGO)-3111/

http://investorshub.advfn.com/GNCC-Capital-Inc-GNCP-3731/

http://investorshub.advfn.com/Hunt-Gold-Corporation-HGLC-11344/

http://investorshub.advfn.com/North-American-Gold-&-Minerals-Fund-NMGL-16265/

http://investorshub.advfn.com/ASPA-Gold-Corp-RENS-19309/

http://investorshub.advfn.com/Saint-James-Capital-Holdings-SJCH-24215/



SevenTenEleven 

Sunday, May 27, 2012 12:36:47 PM

Re: puppydotcom post# 200878

Post # of 200879

the hype about the FFGO divvy is pretty much over now. Without FFGO there can not ever be any divvy for FFGO common share holders - puppydotcom

Sorry, but the Form 15 filing by NMGL is what shareholders of FFGO were expecting. It just took longer than anticipated. They made it very clear that they were not interested in retail shareholders. They also were under 300 shareholders when they stopped filing Q's and K's. Pinks is where there were eventually headed, so being dropped to the pinks back in 2011, was where the company was planning on moving to eventually. The Form 15 simply protects the company and sure shareholders from revocation.

The prefrreds are still being held in WD. If there is documentation to support fantasy claims to the contrary, please provide the proof to support such claims.

Shareholders of FFGO are aware that no such documents exist. So there is no concern by myself (a shareholder).

Also, the Form 15 protects the preferreds being held by WD. As stated in the Wyoming Statutes, assets due shareholders will be allowed to be distributed to shareholders. The revocation of registration nor the dissolution of the corporation in Wyoming do not prevent the asset distribution.

Email FINRA to confirm that the Laws of the State of Incorporation ALWAYS govern what a company can or cannot do. THEY STRESSED ALWAYS, EVERY A TIME I EMAILED THEM AND ASKED!

$0.003449 to $1 per share coming for shareholders!

Good Luck!



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-27 11:41:45)

Offline

 

#1593 2012-05-28 09:37:28

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111

North American Gold & Minerals Fund (NMGL)

Moderators:AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/North-American-Gold-&-Minerals-Fund-NMGL-16265/


stoprun

Sunday, May 27, 2012 4:36:45 PM

Re: puppydotcom post# 200884

Post # of 200885

Is'nt that the truth, shorty still here posting 24/7/365 telling longs that they will not receive their divy, now why would shorty do that? Maybe because divy is still on and someone is feeling trapped in the corner like a r-t.

Good Luck and Good Buy!!!!



SevenTenEleven 

Monday, May 28, 2012 12:02:31 AM

Re: overachiever post# 200867

Post # of 200889

Looks like the shorts did indeed get scammed easily!

Greed has a way of doing that to folks doing illegal things, such as naked short selling!

Dividend coming!

$0.003449 to $1.00!

Tic Toc



AlanC

Monday, May 28, 2012 6:27:23 AM

Re: SevenTenEleven post# 200887

Post # of 200889

5 Trillion share authorized swallowed hook, line, and sinker!

Go FFGO!!!

Dividends of 3400%+ are worth waiting for!



AlanC

Monday, May 28, 2012 7:14:59 AM

Re: AlanC post# 200888

Post # of 200889

Got gold?

The gold and silver market are rigged, over leveraged and corrupt. If you can't touch it, you don't own!

I will lead off with this story from Switzerland where an allocated holder of gold wishing to remove his gold from a Swiss vault, and place it into a safer area found that his gold just was not there. He could not understand the delay tactics that the Swiss bank were orchestrating upon him when requested his allocated gold. The customer went to the Swiss vault and found his gold gone.

In the second part of the interview,Von Greyerz believes that they are going to blackmail Germany in saving Greece as it is cheaper to save this country than to ringfence all of the peripheral European countries.

http://harveyorgan.blogspot.co.uk/20...0_archive.html

Gold fund manager Egon von Greyerz, interviewed today by King World News, tells about a customer who sought to transfer his supposedly allocated gold from a bank vault to von Greyerz's vault only to discover that the bank didn't really have the gold at all. Get your gold out of the banking system, von Greyerz reminds everyone. An excerpt from the interview is posted at the King World News blog here: http://kingworldnews.com/kingworldne...wiss_Bank.html

Also on http://harveyorgan.blogspot.co.uk/20...0_archive.html

Goldman Sachs Accidently Releases Damning Information of Illegal Naked Short Sales, Last Week! - JPM was/is the distraction from this info

You may want to read this next commentary carefully as it exposes the naked shorting by Goldman Sachs and their friends. These bozos short mining stocks relentlessly for two purposes:

1. it dampens demand for mining equity while the bankers short the metal
2. it creates dollars with which they pump up regular stocks.

this has been their modus operandi for years.
The reason this is never caught:

the owners or the clearing house is JPMorgan and friends:

Matt Taibbi is about the best reporter there is. He is an investigative reporter of the financial world and does one hell of a job! He has been on top of the mortgage MERS Fraudclosure for a couple of years now.

He has an article out about Goldman Sach's and how one of their lawyers accidentally filed very private inside information with the court for a lawsuit in defense, last week. The papers he filed was information that Goldman Sachs has always worked to keep out of the public eye.

The paper proves that Goldman Sachs does naked short selling. They will sell and short stocks they don't even have nor are able to get. In other words, just like the fractional reserve banking of creating money out of thin air with key strokes. Goldman Sachs pretended to own or had in their hands, stocks which they didn't have. They would short the stocks and do trades on non-existent stocks. They also did this to affect the stock price on the market. So they could make some stocks Fail. They even use that word in the documents accidentally released.

The trading loss was a diversion according to some. It really is a can of worms.
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



SevenTenEleven 

Sunday, May 27, 2012 3:47:29 PM

Re: puppydotcom post# 7564

Post # of 7572

NMGL - PREFERREDS PROTECTED!

TIC TOC



AlanC

Monday, May 28, 2012 6:39:13 AM

Re: puppydotcom post# 7562

Post # of 7572

That is your opinion, it is my opinion that Ron has the shortman by the short hairs! Go NMGL!!!



kazorchian   

Monday, May 28, 2012 7:42:31 AM

Re: AlanC post# 7571

Post # of 7572

Hey thanks for the links! Still holding long here....Go NMGL!!!



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-28 09:38:20)

Offline

 

#1594 2012-05-28 20:53:15

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



North American Gold & Minerals Fund (NMGL)

Moderators:AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/North-American-Gold-&-Minerals-Fund-NMGL-16265/



SevenTenEleven 

Monday, May 28, 2012 12:02:31 AM

Re: overachiever post# 200867

Post # of 200903

Looks like the shorts did indeed get scammed easily!

Greed has a way of doing that to folks doing illegal things, such as naked short selling!

Dividend coming!

$0.003449 to $1.00!

Tic Toc



AlanC

Monday, May 28, 2012 6:27:23 AM

Re: SevenTenEleven post# 200887

Post # of 200903

5 Trillion share authorized swallowed hook, line, and sinker!
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



varmit 

Monday, May 28, 2012 12:35:38 PM

Re: None

Post # of 200903

hey bull finch !!!! ffgo

why would a warehouse such as nmgl ,,,,, holding our golden mines in its safe ,,,,,, need to report ???????? form 15 ??? ha ha brilliant

no more edgar !!!! after all with 5 t wd !!!!!!
and 60 plus b worth of g

gold gonna hit the fan soon

varmy cares


SevenTenEleven 

Monday, May 28, 2012 8:21:33 PM

Re: puppydotcom post# 200900

Post # of 200903

FFGO - Dividend coming!

Tic Toc



SevenTenEleven 

Monday, May 28, 2012 8:42:23 PM

Re: RoadLessTraveled post# 200902

Post # of 200903

Seven, Seven, Seven... - RoadLessTraveled

Actually it is Seven, Ten, Eleven...

But I will take triple Sevens for FFGO Luck! Thanks! smile

Good Lumbarry...I mean Summary!

I am expecting further filings and further guidance from NMGL to confirm the dividend process is moving forward.

Good Luck!

Remember shareholders have the Triple 7's (7 10 11) in their favor.



varmit

In reply to: Rocket Man who wrote msg# 200648 Date:5/28/2012 12:25:17 PM

Post #200891 of 200895

he just checked edgar

oh wait !!!!!!!!!!!!!!!!!!!!!!!!!!!

no need to check edgar anymore lol

looks like ron just saved puppy alot of d n d .......

filing the 15 form ... no need 2 report and give away info to shorty before its time ha

varmit says !!!!


stoprun

In reply to: puppydotcom who wrote msg# 200894 Date:5/28/2012 2:42:05 PM

Post #200895 of 200895

You're wearing that record out, try the flip side, maybe it plays a different song!!!
Good Luck and Good Buy!!!!


ratsaswimin

Monday, May 28, 2012 3:39:27 PM

Re: None

Post # of 200897

Who's Next? Woot - Woot !

SEC charges optionsXpress over naked short selling

(Reuters) - Online brokerage optionsXpress and five individuals were charged by the U.S. Securities and Exchange Commission on Monday with involvement in a so-called naked short-selling scheme.

Short sellers sell borrowed shares in the hope they can be bought back at a lower price. Naked short-selling involves selling shares without first borrowing them.

The SEC said optionsXpress engaged in a series of sham transactions that violated "Regulation SHO" a rule that requires equity securities to be delivered generally three days after the date of a trade.

OptionsXpress, former Chief Financial Officer Thomas Stern and Jonathan Feldman, a customer, were charged in the SEC's proceeding, which will be heard by an administrative law judge.

Three other company officials, head of trading Peter Bottini and compliance officers Phillip Hoeh and Kevin Strine, settled related charges in separate administrative proceedings without admitting or denying the regulator's findings.

"We believe the evidence at trial will demonstrate that OptionsXpress timely covered the assignments," Stephen Senderowitz, a lawyer for the company, said.

"There was no downward pressure on prices, no one was defrauded, the trades were not shams," he said.

Gregory Lawrence, a lawyer for Feldman, the customer, said Feldman "engaged in legitimate trading through a reputable brokerage firm," and "believed, and still believes, that his brokers complied with all rules."

Attorneys for the other defendants directed questions to the company or did not respond to requests for comment. The OptionsXpress officials who settled the case remain at the company.

The SEC said the misconduct lasted from at least October 2008 to March 2010. Charles Schwab Corp bought optionsXpress last year.

"Feldman and optionsXpress used sham reset transactions to avoid, sometimes for months, compliance with Reg. SHO's stock delivery requirements," said Robert Khuzami, the director of the SEC's enforcement division. "In effect, they ?kited' shares of stock, thus depriving buyers of the benefit of their bargain -- prompt delivery of their shares."

Short-selling came under attack during the financial crisis from critics who said it helped drive down the price of financial stocks.

Some lawmakers in 2009 urged the SEC to crack down on naked short-selling after the agency's internal watchdog issued a report criticizing the agency for not pursuing more short-selling complaints.

Since 2007, the SEC has filed at least eight cases involving violations of Reg SHO and at least three others involving naked short-selling, according to an SEC spokesman.

(Reporting By Sarah N. Lynch and Aruna Viswanatha in Washington; Additional reporting By Jonathan Stempel in New York; Editing by Gerald E. McCormick, Steve Orlofsky and Bernard Orr)

http://news.yahoo.com/sec-charges-option....-184850164.html



SevenTenEleven 

Monday, May 28, 2012 8:42:23 PM

Re: RoadLessTraveled post# 200902

Post # of 200910

Seven, Seven, Seven... - RoadLessTraveled

Actually it is Seven, Ten, Eleven...

But I will take triple Sevens for FFGO Luck! Thanks! smile

Good Lumbarry...I mean Summary!

I am expecting further filings and further guidance from NMGL to confirm the dividend process is moving forward.

Good Luck!

Remember shareholders have the Triple 7's (7 10 11) in their favor.



Bull Finch 

Monday, May 28, 2012 9:17:42 PM

Re: ratsaswimin post# 200856

Post # of 200910

Who's Next!


http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


http://news.yahoo.com/sec-charges-option....-184850164.html





Bull Finch 

Monday, May 28, 2012 9:23:55 PM

Re: varmit post# 200892

Post # of 200910

Tucked away safely where the Shortman

can't touch them!

WD & NMGL

Too Bad You Lose, haha!!!!!



Bull Finch 

Monday, May 28, 2012 9:30:28 PM

Re: varmit post# 200892

Post # of 200910

It took many years to find a way

to Take the Pink Shortman Down!!!

Too Bad for You Shortman you Lose!!!



SevenTenEleven 

Monday, May 28, 2012 9:35:17 PM

Re: RoadLessTraveled post# 200906

Post # of 200910

Watching for further filings.

Remember, FFGO mentioned that it would take a year or more for everything to fall into place.

Wouldn't want to be short moving forward. No ride to the shorts!



Bull Finch 

Monday, May 28, 2012 9:36:08 PM

Re: varmit post# 200892

Post # of 200910

If we don't need to check edgar

then what will Our Daily edgar checkers do?



Bull Finch 

Monday, May 28, 2012 9:40:21 PM

Re: SevenTenEleven post# 200908

Post # of 200911

Shortman got Kicked off the Short Bus, haha!!!

"Watching for further filings.

Remember, FFGO mentioned that it would take a year or more for everything to fall into place.

Wouldn't want to be short moving forward. No ride to the shorts!"~SevenTenEleven



SevenTenEleven 

Monday, May 28, 2012 3:36:11 PM

Re: puppydotcom post# 7573

Post # of 7577

NMGL - DIVIDEND COMING!

FORM 15 IS LIKELY VERY CONCERNING FOR THOSE ILLEGALLY SHORT!

REVOCATION NOT A RAY OF HOPE FOR THOSE SHORT!

TIC TOC



SevenTenEleven 

Monday, May 28, 2012 8:22:06 PM

Re: puppydotcom post# 7575

Post # of 7578

NMGL - FORM 15! Going to stick with SEC!

Tic Toc



SevenTenEleven 

Monday, May 28, 2012 9:57:40 PM

Re: puppydotcom post# 200911

Post # of 200921

maybe by next week(s) - puppydotcom

Next Week(s) it is!

Just luck NMGL filing the Form 15 months after claims of Revocation were running rampant.

Fantasies about to come true for shareholders!

Good Luck!



SevenTenEleven 

Monday, May 28, 2012 10:04:06 PM

Re: RoadLessTraveled post# 200912

Post # of 200921

Filings to follow!

Tic Toc



SevenTenEleven 

Monday, May 28, 2012 10:08:00 PM

Re: puppydotcom post# 200913

Post # of 200921

Ouch!

200B shares short sold!

And...

Underreported!

Tic Toc



SevenTenEleven 

Monday, May 28, 2012 10:09:15 PM

Re: RoadLessTraveled post# 200915

Post # of 200921

60 Days!

Dividend Coming!

Shorts Know it!

Hoping for as many write downs as possible!

TIC TOC



SevenTenEleven 

Monday, May 28, 2012 10:23:11 PM

Re: RoadLessTraveled post# 200919

Post # of 200921

Shareholders will NOT be writing anything down ahead of $0.003449 to $1.60 per share ROI.

Good Luck!



Bull Finch 

Monday, May 28, 2012 10:43:43 PM

Re: SevenTenEleven post# 200918

Post # of 200922

After all these years of waiting, 60 days

will seem like tomorrow, or next week(s)!!!

Shortman you Lose!



SevenTenEleven 

Monday, May 28, 2012 10:03:36 PM

Re: RoadLessTraveled post# 7579

Post # of 7580

I put my skin in the game. Will be looking forward to continued guidance. Both from the company and everyone else concerned.

Tic Toc



SevenTenEleven 

Monday, May 28, 2012 11:00:23 PM

Re: Bull Finch post# 200922

Post # of 200923

I agree! Shareholders are looking at things from a completely different angle than those short.

Shareholders are very very optimistic.

Tic Toc!



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-28 22:08:33)

Offline

 

#1595 2012-05-29 16:54:20

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



North American Gold & Minerals Fund (NMGL)

Moderators:AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/North-American-Gold-&-Minerals-Fund-NMGL-16265/



GNCC Capital, Inc. (GNCP)

Moderators:SevenTenEleven, Rocket Man, digger1, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=3731



SevenTenEleven 

Monday, May 28, 2012 11:26:40 PM

Re: RoadLessTraveled post# 200924

Post # of 200966

Maybe it should be made clear that there is no credible evidence whatsoever that NMGL will be filing their past due financials...or that a dividend will be coming soon. - RoadLessTraveled

There is no credible evidence that NMGL WILL NOT be filing...

Good Luck!




SevenTenEleven 

Monday, May 28, 2012 11:42:15 PM

Re: RoadLessTraveled post# 200926

Post # of 200966

But hey...that's just me.

Or maybe not just me... - RoadLessTraveled

Just a few concerned parties, IMO.

The shareholders, who have skin in the game, are not concerned. Wonder why?

Tic Toc




SevenTenEleven 

Monday, May 28, 2012 11:51:45 PM

Re: RoadLessTraveled post# 200928

Post # of 200966

But wouldn't NMGL revocation mean the absolute end of the 3499% dividend process? - RoadLessTraveled

I guess checking Edgar daily to see if that still happens is worth the effort? No?

Tic Toc



AlanC

Tuesday, May 29, 2012 7:51:01 AM

Re: puppydotcom post# 200931

Post # of 200966

FFGO will not be gone until the markers for non existing shares are removed from our accounts. To make that removal take place it is going to cost those who sold us those markers a minimum of .00349 per share. That ratio generates the following results:

1 million shares $3,449.00
10 million shares $34,449.00
100 million shares $344,900.00
1 billion shares $3,449,000.00

A costly day for those who are short coming soon!
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!




paunch13   

Tuesday, May 29, 2012 8:02:43 AM

Re: AlanC post# 200933

Post # of 200966

AlanC
There is no way for us to know if it will be finished in 60 days or not but for one thing and that is it will be very sweet for all of us shareholders and a very very bitter day for shorty
John



AlanC

Tuesday, May 29, 2012 8:03:43 AM

Re: puppydotcom post# 200931

Post # of 200966

Did you call the SEC yet? I would really appreciate it if you and others making claims would do so. Here is the contact info for the SEC and it is toll free no less:

Attention FFGO longs. Because of the controversy regarding the Form 15 filing completed by NMGL I just called the SEC @ 1-800-732-0330. After going through the prompts and ending up in the office of Investor Education with a live SEC official, I gave my name and the NMGL symbol and questioned her as to the need for NMGL to be current on filings including financials and told her NMGL was not. I also explained that NMGL was a small company with less than 300 shareholders presently trading on the pink sheets. She indicated to me that she did not forsee the fact that NMGL was not presently current posing a problem. I invite others to call especially those making the claims that it is a problem. Go FFGO!!!

Dividends of 3400%+ are worth waiting for!



SevenTenEleven 

Tuesday, May 29, 2012 8:19:05 AM

Re: AlanC post# 200933

Post # of 200966

AlanC, we both have do our DD. What FINRA and the SEC have shared is in disagreement with what is being generated through fantasy claims.

Looking forward to the markers being removed from our accounts for $0.003449 to $1.60 per share.

Tic Toc



AlanC

Tuesday, May 29, 2012 11:07:29 AM

Re: puppydotcom post# 200939

Post # of 200940

Funny that your asking folks if they have made a call is a tag line in so many of your posts and yet you have an opportunity to do so toll free and refuse.
We also both know based on DD done and posted here often that it is not necessary for FFGO to file in order to pay liquidating dividends which is what the company announced they would be doing.
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



Lebron23 

Tuesday, May 29, 2012 11:40:05 AM

Re: None

Post # of 200966

I believe that NMGL's management carefully considered the filing of Form 15 beforehand.
The company's management and attorneys know a lot more the specifics of their filing than others. I also believe the SEC was contacted by the Company or its attorneys before the filing of the Form.
I'll be sitting back...waiting for the next move!!



SevenTenEleven 

Tuesday, May 29, 2012 12:40:12 PM

Re: puppydotcom post# 200942

Post # of 200966

Strange that that would be known as a fact.

Looks like dividend is much closer than expected!

Good Luck!




Lebron23 

Tuesday, May 29, 2012 2:02:55 PM

Re: SevenTenEleven post# 200943

Post # of 200966

SevenTenEleven, the Short-Man has to be wondering what will be filed next by NMGL...lol.
The Form 15 is just the first of many moves we will see from NMGL/FFGO!!...imo
Gooooooooooooooooooooooooooooooooooo FFGO/NMGL!!!



Lebron23 

Tuesday, May 29, 2012 2:09:18 PM

Re: puppydotcom post# 200947

Post # of 200966

Puppy: "no filing will ever be coming from FFGO"

Did I say a filing would be coming from FFGO?
I said NMGL.




Lebron23 

Tuesday, May 29, 2012 2:12:10 PM

Re: puppydotcom post# 200947

Post # of 200966

There are two companies. NMGL & FFGO.
Look for the filings to come from NMGL.



Lebron23

Tuesday, May 29, 2012 2:13:00 PM

Re: puppydotcom post# 200949

Post # of 200966

We will see. Looking forward to the next few months for NMGL/FFGO!!



SevenTenEleven 

Tuesday, May 29, 2012 2:32:05 PM

Re: puppydotcom post# 200953

Post # of 200966

NMGL has nothing to do with FFGO any longer. - puppydotcom

Please provide documentation to support such claims.

Neither company has made any such information public.

Good Luck!



SevenTenEleven 

Tuesday, May 29, 2012 2:45:04 PM

Re: puppydotcom post# 200957

Post # of 200966

Sorry. None of that confirms that the dividend process has be canceled by FFGO or NMGL. But that has already been proven, and is known by all parties involved.

Good Luck!



Lebron23 

Tuesday, May 29, 2012 4:08:20 PM

Re: puppydotcom post# 200962

Post # of 200966

Puppydotcom: FFGO is long gone!!!
Actually, quite the opposite: Dividend LOCKED/LOADED/IMMINENT!!!




SevenTenEleven 

Tuesday, May 29, 2012 11:13:38 AM

Re: AlanC post# 9874

Post # of 9881

One has to wonder if the SEC is posting on the iHub message boards? If so, shouldn't they disclose their position?


Quote:
--------------------------------------------------------------------------------
sorry, I do not speak with the clerks at the Investor Education office. They do not take the time to research the issue.

Lets wait and see how the SEC handles the form 15 filed by NMGL

The investigation department of the SEC will most assuredly know all about the NMGL form 15 filing!
--------------------------------------------------------------------------------

Tic Toc




AlanC

Tuesday, May 29, 2012 8:15:19 AM

Re: puppydotcom post# 7581

Post # of 7587

Did you call the SEC yet?

"Attention FFGO longs. Because of the controversy regarding the Form 15 filing completed by NMGL I just called the SEC @ 1-800-732-0330. After going through the prompts and ending up in the office of Investor Education with a live SEC official, I gave my name and the NMGL symbol and questioned her as to the need for NMGL to be current on filings including financials and told her NMGL was not. I also explained that NMGL was a small company with less than 300 shareholders presently trading on the pink sheets. She indicated to me that she did not forsee the fact that NMGL was not presently current posing a problem. I invite others to call especially those making the claims that it is a problem."
Easy to do and it's toll free.
Go NMGL!!!



AlanC

Tuesday, May 29, 2012 12:07:12 PM

Re: puppydotcom post# 7583

Post # of 7587

So you get your information from an SEC source on a much higher level in the investigation department? Things that make you go hmmm! Go NMGL!!!



cliffke99   

Tuesday, May 29, 2012 1:22:36 PM

Re: SevenTenEleven post# 7574

Post # of 7587

Yes DIVI IS COMING CLOSER $$$$


5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Offline

 

#1596 2012-05-29 20:48:05

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111




SevenTenEleven 

Tuesday, May 29, 2012 7:43:48 PM

Re: puppydotcom post# 200967

Post # of 200977

FFGO - Dividend Coming! Thanks for the DD!

Good Luck!



OldBen 

Tuesday, May 29, 2012 7:57:15 PM

Re: RoadLessTraveled post# 200956

Post # of 200977

The purpose? Depends on which side of the trade you are on....



OldBen 

Tuesday, May 29, 2012 8:05:12 PM

Re: puppydotcom post# 200967

Post # of 200977

So much for running off to the other side of the world. Form 15, 8K....0035 to $1.60 a share... for 5 trillion short...



SevenTenEleven 

Tuesday, May 29, 2012 8:10:01 PM

Re: RoadLessTraveled post# 200956

Post # of 200977

What would be the purpose of even allowing such a company to continue trading when they lost their ability to conduct business well over a year ago? - RoadLessTraveled

To protect shareholders and investors and to ensure payment of the dividend.

Isn't that something the SEC should be concerned about?

Good Luck!



SevenTenEleven 

Tuesday, May 29, 2012 8:12:53 PM

Re: OldBen post# 200970

Post # of 200977

I guess Ron didn't run off and abandon NMGL. When he filed a Form 15 with the SEC, to protect the company from being revoked, somehow that because repositioned.

Oh well...

Those owning shares are in the driver's seat. Those owing shares, not so much.

$0.003449 to $1.60 per share coming!

Tic Toc



OldBen

Tuesday, May 29, 2012 8:56:29 PM

Re: SevenTenEleven post# 200973

Post # of 200976

Absolutely!! Thinking like a law abiding long shareholder, not a short and distorter or a NSS criminal gives an entire different perspective on what the SEC should do.



stoprun   

Tuesday, May 29, 2012 9:18:15 PM

Re: puppydotcom post# 200972

Post # of 200977

I'm guessing that you will be one of the first to know.
Good Luck & Good Buy!




RoadLessTraveled   

Monday, May 28, 2012 9:42:31 PM

Re: janice shell post# 335225

Post # of 335251

Xers make the FFGO-ers look relatively sane...

even Seven...

but still scary.



janice shell 

Monday, May 28, 2012 9:43:42 PM

Re: RoadLessTraveled post# 335226

Post # of 335251

The Xers are unique. The ORIGINAL.



SevenTenEleven 

Tuesday, May 29, 2012 10:27:12 PM

Re: alien42 post# 200978

Post # of 200990

Maybe not 5T, but there is likely 200B short and not reported.

Tic Toc




tatoo1   

Tuesday, May 29, 2012 10:37:16 PM

Re: OldBen post# 200970

Post # of 200991

I hear they are preparing to bail out clearinghouses if need be. And I wonder what the need will be. Are they getting ready to pay up for all the shorting. Dividend coming for sure.




tatoo1   

Tuesday, May 29, 2012 10:51:29 PM

Re: Nitwit post# 200983

Post # of 200991

Just a nitwit right. ok




SevenTenEleven 

Tuesday, May 29, 2012 10:59:27 PM

Re: RoadLessTraveled post# 200985

Post # of 200991

FFGO - Still waiting for a simple document to support claims that the dividend process has been canceled.

From my DD, nothing has been canceled and neither the revocation nor the dissolution force the dividend process to be canceled.

Email FINRA to confirm!

Then post their response!

Good Luck!




keepin12   

Tuesday, May 29, 2012 11:06:06 PM

Re: RoadLessTraveled post# 200985

Post # of 200991

You sure do spend a lot of time on your long-winded posts for a revoked company.



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-29 22:33:12)

Offline

 

#1597 2012-05-31 21:04:19

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



Texan77   

Wednesday, May 30, 2012 12:34:53 AM

Re: RoadLessTraveled post# 200991

Post # of 201180

I have a question about this "Due to the loss of its NV Business License" say the company has a vehicle car auto titled in the name of the company ;when the so called "loss of its NV Business License" occurs does the car vaporize, two does the title of the car emidiatly transfer to the state , or three nothing changes in the title ownership of the car auto vehicle?



OldBen 

Wednesday, May 30, 2012 7:33:36 AM

Re: RoadLessTraveled post# 200985

Post # of 201181

That is for people who want to buy to decide the risks. There are classifications for private and government agencies that classify a company. This country was built on the freedom to choose. Too bad, there are so many here that want to exterminate that freedom.



AlanC

Wednesday, May 30, 2012 7:34:41 AM

Re: OldBen post# 200970

Post # of 201181

OldBen: You said "Absolutely!! Thinking like a law abiding long shareholder, not a short and distorter or a NSS criminal gives an entire different perspective on what the SEC should do."
Spot on! This is the essence of what the SEC is supposed to be and do. Somehow they were sidetracked by the industry but they are long overdue to get back on track. C'mon SEC show us you are not owned lock stock and barrell by the criminal elements in the market.
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



OldBen 

Wednesday, May 30, 2012 7:43:28 AM

Re: AlanC post# 200995

Post # of 201182

Exactly, people are supposed to have freedom to choose the stocks they want to buy. The SEC is supposed to protect investors from criminals who steal shares by selling them and receiving money, but, never buy them back (or pay for them). Theft is what the SEC is supposed to be about. Theft is easy to prove and all shares should be covered in 3 days. Fraud is more difficult and still has not been proven. Let's cover the 90% short volume and theft. Then we can see if there really is any "fraud." Instead, many posters want to ignore the theft or deny its existence and "protect" long shareholder from "fraud" by revoking their shares. Let long shareholders do this if they believe they are being taken.



OldBen 

Wednesday, May 30, 2012 8:02:14 AM

Re: alien42 post# 200978

Post # of 201182

No more than you make up the fact that FFGO has no NSS despite an ever growing list of companies that have 90% short volume or other "locate" issues and have criminal prosecutions. It is a guess, yes, it is higher than the probable trading volume. Still, more realistic than saying there is no NSS.



SevenTenEleven 

Wednesday, May 30, 2012 8:20:21 AM

Re: None

Post # of 201182

FFGO - DIVIDEND COMING!

$0.003449 to $1.60 CASH COMING SOON ENOUGH!

TIC TOC



AlanC

Wednesday, May 30, 2012 8:34:16 AM

Re: OldBen post# 200996

Post # of 201182

OldBen: Those who sold billions of non existant FFGO shares want this to go away. If it were insiders selling these shares you can be sure charges would have been laid years ago by the SEC. This is one of the facts that gives reason to believe that the regulators were in on the structured settlement being called dividends. The regulators know exactly what happened here and that is why FINRA no longer posted the SHO numbers after August 2010 and to this day refuses to answer questions about it. Well over 2 billion short in the brief timeline a few of us accounted for. How many more billion going back 7 or more years? The maddening part of all this is that FFGO agreed to this settlement but also agreed to allow regulators to determine exactly when the dividends would be paid. This has gone on longer than it should have and imho the perps are still living high off the hog instead of spending time in the crowbar hotel. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!




paunch13   

Wednesday, May 30, 2012 10:01:06 AM

Re: A deleted message

Post # of 201182

AlanC
That is a good idea, all shareholders need to always know what is happening with FFGO
John



LAMBSHIFT   

Wednesday, May 30, 2012 11:40:14 AM

Re: ib12u post# 201010

Post # of 201182

perhaps you should ask, why are FFGO and HGLC in the region of sub-penny stocks? they have not been there from the beginning of trade.



Lebron23 

Wednesday, May 30, 2012 11:58:18 AM

Re: puppydotcom post# 200988

Post # of 201182

Dividend is coming from NMGL......not FFGO.
Hope that helps explain things.





varmit

Wednesday, May 30, 2012 12:34:11 PM

Re: alien42 post# 201020

Post # of 201183

FFGOclass in session !!!!!!!!!!!!!!!!!!!!!!

the list of to do,s has been finaled !!!!!!!!!!!!!!!!!!!

it is now time for dividend to occur !!!!!!!!!!!!!!!!!

please realize that the dividend amount was set at a gold price of $900 an ounce

with gold at a huge weakness of $1560 an ounce our dividend is actually worth $.00652 today

class i repeat !!!!!!! .00652 per share !!!!!!!!!!

why ?????? the dividend was set at .003449 ..........

so what !!!!!!!! the mines have gone up in value almost double in one year !!!!!!!!!

we have preferred shares !!!! they go up in value with the price of gold in those mines .... u may be able to sell those preferreds for

ten/////// yes 10 times the face value when all the announcements are stated !!!!!! ten million of gold just in bouse !!!!!!! just wait

how about that golden oppertunity!!!!!!!

class dismissed !!!!!!! varmit says ////varmy cares 



varmit 

Wednesday, May 30, 2012 12:40:12 PM

Re: varmit post# 201022

Post # of 201183

dr colliston projecting approx 10 million ounces of gold in bouse /copperstone ......

divvy can now occur !!!!!!!!!!!!!!!! preferreds are rising in value

when nmgl goes to 20 per share those preferreds go to a nice bonus price on the open market folks

thats how we get the .025 cents per share that hurasu was going to pay us ,,,,, just took a bit longer

yes short shares are not gonna like this at all !!!!! tooo bad




LAMBSHIFT   

Wednesday, May 30, 2012 12:57:37 PM

Re: alien42 post# 201020

Post # of 201183

as I have written a year ago: the purchase price has been paid in form of pref A and B. there remains to be fulfilled this "list of very flexible parameters" before these pref.s can be distributed as dividends. I don´t know how far this list is fulfilled.



LAMBSHIFT   

Wednesday, May 30, 2012 1:12:22 PM

Re: alien42 post# 201027

Post # of 201183

I don´t see any problem here. if NMGL has finished this "list", the pref.s are tradeble in an stock exchange and FFGO has the right to distribute these shares as liquidation dividends - laws of the state of Wyoming.



Lebron23 

Wednesday, May 30, 2012 1:17:12 PM

Re: varmit post# 201022

Post # of 201183

varmit, Thank you for the EXCELLENT NEWS!!!
Looking forward to the next few months!!
Gooooooooooooooooooooo FFGO/NMGL!!!!!!!!!!!!!!!



SevenTenEleven 

Wednesday, May 30, 2012 1:20:47 PM

Re: LAMBSHIFT post# 201028

Post # of 201183

Correct! State of Wyoming statutes protect shareholders of FFGO. When the company is ready to distribute the dividend, the statutes protect the process.

Claims to the contrary are incorrect and that has been pointed out time and time again. Yet he claims continue to confuse and contrast the truth.

Dividend Coming!

$0.003449 to $1.60!

Tic Toc



SevenTenEleven 

Wednesday, May 30, 2012 1:22:41 PM

Re: varmit post# 201022

Post # of 201183

Varmit, it is good to know that everything is about to be wrapped up and the dividend distributed. Company stressed that CASH was the goal!

Will those illegally short be forced to pay a buck or more?

Tic Toc



SevenTenEleven 

Wednesday, May 30, 2012 1:24:16 PM

Re: Lebron23 post# 201029

Post # of 201183

Lebron23, time is running out for shorts to cover as a result of write downs of shares by shareholders. Once the dividend is announced, the distort will evolve.

Tic Toc



paunch13   

Wednesday, May 30, 2012 1:25:19 PM

Re: SevenTenEleven post# 201031

Post # of 201183

Seven
If they are forced to pay a dollar or more just maybe they will learn something
John


SevenTenEleven 

Wednesday, May 30, 2012 1:29:55 PM

Re: None

Post # of 201183

I would advise shareholders to read the State of Wyoming statutes in regards to dissolution and asset distribution. It is all there! Our preferreds will be allowed to be distributed. Also, I would advise shareholders to contact FINRA. They will make it very clear that the Laws of the State of Incorporation for FFGO will govern what FFGO will be able to do and not do.

Claims to the contrary are not supported by documentation that disputes he facts.

Dividend coming!

$0.003449 to $1.60!

Good Luck!



paunch13   

Wednesday, May 30, 2012 1:34:52 PM

Re: SevenTenEleven post# 201035

Post # of 201183

Seven
That would even be better and maybe that would bankrupt tham and put them completely out of business
John



LAMBSHIFT   

Wednesday, May 30, 2012 1:40:25 PM

Re: alien42 post# 201032

Post # of 201183

a moment, please. we speak about "liquidation dividends". you know the assets of a firm belong to the owners (=shareholders)ássuming debt = 0. if the company (FFGO) is liquidated under the law of the state of incorporation (Wyoming), the assets are distributed among the owners of the firm. that´s the liquidation dividend - the owner´s share of the "liquidated" assets.



LAMBSHIFT   

Wednesday, May 30, 2012 1:57:48 PM

Re: RoadLessTraveled post# 201039

Post # of 201183

exactly this list I mean.
I think it should not be too difficult to acquire the balance of the B.+S.C. shares, because FFGO had been given the irrevocable consent by the other groups of shareholders to sell the mines to a third party (later: NMGL).
the audits of B.+S.C. shouldn´t be a big problem.if I remember correctly, FFGO has completed audits for both of them as a condition of the buyer. this process has taken several weeks or even months in 2010.
under these conditions there would remain the SuperForm 8K and the registration of the pref.s with a stock exchange. if I´m right.



Lebron23 

Wednesday, May 30, 2012 2:04:37 PM

Re: LAMBSHIFT post# 201046

Post # of 201183

LAMBSHIFT, I agree. Many posted as if this list of conditions was like climbing Mt. Everest or something. Always looked very doable to me...............looking forward to Dividend!!!!



SevenTenEleven 

Wednesday, May 30, 2012 3:00:09 PM

Re: Lebron23 post# 201047

Post # of 201183

As long as conditions have been met, dividend will be distributed. All one has to do is read Wyoming Statutes and email FINRA regarding what a company can or can't do, ALWAYS!

$0.003449 to $1.60!

Tic To



SevenTenEleven 

Wednesday, May 30, 2012 5:32:31 PM

Re: puppydotcom post# 201060

Post # of 201183

The Divy IS Coming!

For 3449% to 1600000% ROI IT IS worth waiting 3 years!

And since there are no illegal naked shorts reported to FINRA, there should be no cause for concern by bankers, brokers, or market makers when shareholders are paid!

Tic Toc



Rocket Man 

Wednesday, May 30, 2012 6:25:30 PM

Re: puppydotcom post# 201004

Post # of 201183

Gold is good, for FFGO.. eos..



SevenTenEleven 

Wednesday, May 30, 2012 6:45:30 PM

Re: Rocket Man post# 201062

Post # of 201183

GOLD is GOOD!

Looks like dividend process is about to move into high gear. Since there are ZERO shorts reported to FINRA, they should be ZERO opposition from naked short selling bankers, brokers, and market makers, regardless how large the dividend distribution is.

Tic Toc



SevenTenEleven 

Wednesday, May 30, 2012 6:49:47 PM

Re: None

Post # of 201183

State of Wyoming Statutes Regarding Dividend Process


17-16-1405. Effect of dissolution.


(a) A dissolved corporation continues its corporate existence but may not carry on any business except that appropriate to wind up and liquidate its business and affairs, including:

(i) Collecting its assets;

(ii) Disposing of its properties that will not be distributed in kind to its shareholders;

(iii) Discharging or making provision for discharging its liabilities;

(iv) Distributing its remaining property among its shareholders according to their interests; and

(v) Doing every other act necessary to wind up and liquidate its business and affairs.

(b) Dissolution of a corporation does not:

(i) Transfer title to the corporation's property;

(ii) Prevent transfer of its shares or securities, although the authorization to dissolve may provide for closing the corporation's share transfer records;

(iii) Subject its directors or officers to standards of conduct different from those prescribed in article 8;

(iv) Change quorum or voting requirements for its board of directors or shareholders; change provisions for selection, resignation, or removal of its directors or officers or both; or change provisions for amending its bylaws;

(v) Prevent commencement of a proceeding by or against the corporation in its corporate name;

(vi) Abate or suspend a proceeding pending by or against the corporation on the effective date of dissolution; or

(vii) Terminate the authority of the registered agent of the corporation.

http://legisweb.state.wy.us/statutes/statutes.aspx?file=titles/Title17/T17CH16.htm



Chris6   

Wednesday, May 30, 2012 7:42:35 PM

Re: None

Post # of 201183

To any long: I have this stock which I bought in 2006 (Great West Gold then). I have just the FFGO stock listed in my account. Should I have any dividends as well?



SevenTenEleven 

Wednesday, May 30, 2012 7:45:00 PM

Re: Chris6 post# 201065

Post # of 201184

Chris6, I too am a shareholder. I bought knowing the risks, the history, and the challenges.

I continued to buy!

It appears that the dividend process may be moving forward.

Read the Wyoming Statutes and I encourage shareholders to email FINRA to ask what will dictate what happens moving forward.

Good Luck!



SevenTenEleven 

Wednesday, May 30, 2012 7:56:56 PM

Re: Chris6 post# 201067

Post # of 201184

Nothing paid as of yet. But I have not lost faith. In fact, each day I am reassured that shareholders will be rewarded soon enough.



stoprun   

Wednesday, May 30, 2012 10:22:22 PM

Re: medchal post# 201075

Post # of 201184

Anyone believes that might also buy my bridge I have for sale, 50% off original price and Santa will deliver it on his sleigh next Christmas. Ho! Ho!Ho!
Good Luck and Good Buy!!!!!



keepin12   

Wednesday, May 30, 2012 10:40:44 PM

Re: None

Post # of 201184

TD Ameritrade and Scottrade show a value for my FFGO shares.

Is this normal for a revoked company?

Also, TD Ameritrade has a note stating 'Unit Available - July 2012'. Anyone know what this means?

I opened both accounts for FFGO shares only.



SevenTenEleven 

Wednesday, May 30, 2012 10:53:18 PM

Re: keepin12 post# 201078

Post # of 201184

Also, TD Ameritrade has a note stating 'Unit Available - July 2012'. Anyone know what this means? - keepin12

TDA should be able to answer this for shareholders tomorrow.



Bull Finch 

Wednesday, May 30, 2012 11:12:55 PM

Re: SevenTenEleven post# 201079

Post # of 201184

My 2 TDA accounts have value for FFGO

in the green (positive), just happened today. They always had a value for the shares but today it is in the green and not black. It's as if they replaced the value for the shares! +++++++++++++++++++++++++++++++++++++++++++++++++++++++++



keepin12   

Wednesday, May 30, 2012 11:20:07 PM

Re: Bull Finch post# 201080

Post # of 201184

I noticed that as well.



keepin12 

Wednesday, May 30, 2012 11:52:28 PM

Re: None

Post # of 201184

Available Unit is dated 7/13/12

whatever that means


5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Offline

 

#1598 2012-05-31 22:18:03

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



North American Gold & Minerals Fund (NMGL)

Moderators:AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/North-American-Gold-&-Minerals-Fund-NMGL-16265/



GNCC Capital, Inc. (GNCP)

Moderators:SevenTenEleven, Rocket Man, digger1, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=3731



ASPA Gold Corp. (RENS)

Moderators:SevenTenEleven, Rocket Man

http://investorshub.advfn.com/ASPA-Gold-Corp-RENS-19309/



Hunt Gold Corporation (HGLC)

Moderators:SevenTenEleven, Rocket Man

http://investorshub.advfn.com/Hunt-Gold-Corporation-HGLC-11344/





wrenchman 

Thursday, May 31, 2012 5:50:22 AM

Re: Bull Finch post# 201080

Post # of 201184

Maybe this has something to do with that!

I know this rule goes into effect tomorrow!!!5/31/12

http://apps.finra.org/Rules_and_Regulations/rulefilings/1/default.aspx

http://www.finra.org/web/groups/industry/@ip/@reg/@rulfil/documents/rulefilings/p124496.pdf

Found this also!!!Looks like it should hurt some as if i read correctly alot of this happens right here in the OTC!!!

http://www.whitesecuritieslaw.com/2012/03/15/brokerage-firm-best-execution-requirements/

Brokerage Firm Best Execution Requirements
Thursday, March 15th, 2012

The SEC recently approved FINRA’s proposed rule change to adopt FINRA Rules 5310 (Best Execution and Interpositioning) and 6438 (Displaying Priced Quotations in Multiple Quotation Mediums) in the consolidated rulebook (Consolidated FINRA Rulebook).

FINRA Rule 5310 is the new consolidated rule governing members’ best execution requirements. The Rule is tailored after NASD Rule 2320 (also dealing with broker-dealers best execution requirements).

The full text of FINRA Rule 5310 is as follows:

“(a)(1) In any transaction for or with a customer or a customer of another broker-dealer, a member and persons associated with a member shall use reasonable diligence to ascertain the best market for the subject security and buy or sell in such market so that the resultant price to the customer is as favorable as possible under prevailing market conditions. Among the factors that will be considered in determining whether a member has used “reasonable diligence” are:

(A) the character of the market for the security (e.g., price, volatility, relative liquidity, and pressure on available communications);

(B) the size and type of transaction;

(C) the number of markets checked;

(D) accessibility of the quotation; and

(E) the terms and conditions of the order which result in the transaction, as communicated to the member and persons associated with the member.

(2) In any transaction for or with a customer or a customer of another broker-dealer, no member or person associated with a member shall interject a third party between the member and the best market for the subject security in a manner inconsistent with paragraph (a)(1) of this Rule.

(b) When a member cannot execute directly with a market but must employ a broker’s broker or some other means in order to ensure an execution advantageous to the customer, the burden of showing the acceptable circumstances for doing so is on the member.

(c) Failure to maintain or adequately staff an over-the-counter order room or other department assigned to execute customers’ orders cannot be considered justification for executing away from the best available market; nor can channeling orders through a third party as described above as reciprocation for service or business operate to relieve a member of its obligations under this Rule. (d) A member through which an order is channeled and that knowingly is a party to an arrangement whereby the initiating member has not fulfilled its obligations under this Rule, will also be deemed to have violated this Rule.

(e) The obligations described in paragraphs (a) through (d) above exist not only where the member acts as agent for the account of its customer but also where transactions are executed as principal. Such obligations are distinct from the reasonableness of commission rates, markups or markdowns, which are governed by NASD Rule 2440 and IM-2440.”



The primary update to FINRA Rule 5310 (from NASD Rule 2320) appears to deal with securities with limited quotation or pricing information available, foreign securities, customer instructions on routing orders, and regular and rigorous review of execution quality. FINRA Rules 5310 and 6438 become effective on May 31, 2012.

Best Execution requirements can be particular important in the margin context. Although firms are generally permitted to sell positions to meet margin calls, FINRA Rules 5310 and 6438 (and NASD Rule 2320 before that) would still require that the trades meet the established best execution requirements (i.e. the firm still has to have the client’s interests in mind when selling positions to reduce margin). Often times brokerage firms half-hazardly sell positions in a client’s account to meet margin calls and compound the losses suffered by the client. In such instances, the brokerage firm may be liable for such damages as a result of its failure to meet the aforementioned best execution requirements.

If you believe that your brokerage firm failed to meet the generally accepted standard of care with respect to best execution, the securities attorneys of The White Law Group may be able to help.



SevenTenEleven 

Thursday, May 31, 2012 7:50:13 AM

Re: TomSawyer post# 201090

Post # of 201184

Been away and noticed the NMGL filing on 5/24. Looks like NMGL death nail has been hit by Ronald/Lumb.. as expected. - TomSawyer

Form 15 is actually a good thing for NMGL and its shareholders. Protects company and Preferred A's & B's from revocation.

Good Luck!



stoprun   

Thursday, May 31, 2012 8:37:25 AM

Re: None

Post # of 201184

Called TD Ameritrade this morning and talked to broker who said he has no explanation as to why my net change today showed a increase in green equal to my FFGO account, but did ask twice if I wanted him to remove FFGO from my account all together, which I said "NO", that is the last thing I want to happen, so I am not sure what is going on yet. Did anyone else hear anything yet? TIA



SevenTenEleven 

Thursday, May 31, 2012 8:50:23 AM

Re: stoprun post# 201098

Post # of 201184

but did ask twice if I wanted him to remove FFGO from my account all together, which I said "NO", that is the last thing I want to happen - stop run

Make sure you document this. The brokers are being MOTIVATED to get shareholders to write down shares. They play it off as "something good" for you as an investor. All it is good for is for the naked short sellers who are on the hook for the markers that have been illegally placed in our accounts. Shareholders take write downs and give permission for the brokers to remove the markers, and those short are able to cover and close out their short interest position(s) for those markers.

My FFGO shares were not showing a value, as a line item, but have been showing a value in my overall account balance since the revocation. That is, with the exception of my IRA values as of yesterday. Something is going on with the ticker number, IMO.

Make sure all shareholders check their balances daily and make sure that the brokers have not removed the shares from your account without your approval.

Remember, they are very very motivated to get shareholders to take write downs!



AlanC

Thursday, May 31, 2012 8:57:55 AM

Re: SevenTenEleven post# 201099

Post # of 201184

Did you know FFGO management has been fighting the naked shorting of its stock for almost 7 years? Did you know that the stock was billions short back in 2006? Did you know that management tried hard to force those short to cover and regulators failed to enforce existing rules and regulations and allowed the naked shorters to continue to sell more non existant shares into the markets? Did you know management used every method available to them to try and thwart the attacks including multiple dividends and even reverse splitting the stock and still the naked shorters continued to sell non existant shares trying to drive FFGO into bankruptcy? Thanks management for being such warriors! Thanks for developing a plan that will insure that your shareholders are compensated for the suffering endured at the hands of the criminal naked shorters. Thanks for your courage and your caring.
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

Thanks to BullFinch for this DD:

Great West Gold, Inc. Continues
To Monitor Short Selling
NEW YORK, May 8, 2006 – Great West Gold, Inc. (OTC BB:GWGO) confirms that BUYINS.NET, www.buyins.net, continues its coverage of Great West Gold, Inc. (OTCBB: GWGOE) after releasing the latest short sale data through May 2006. From January 2005 to May 2006 approximately 28.73 billion total aggregate shares of GWGOE have traded for a total dollar value of nearly $22.7 million. The total aggregate number of shares shorted in this time period is approximately 2.21 billion shares. The GWGOE SqueezeTrigger price of $0.00079 is the volume weighted average short price of all short selling in GWGO. A short squeeze started when shares of GWGOE closed above $0.00079. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net/.
Press Release

Great West Gold, Inc. Email:investor@greatwestgold.com

http://www.greatwestgold.com/pdfs/080506_GWG_PR_Buyins_Report.pdf


Great West Gold, Inc. – Squeeze Trigger Report
NEW YORK, NY, February 21, 2006, Great West Gold, Inc. (OTC BB: GWGO) announced on February 16, that www.buyins.net, is initiating coverage of Great West Gold, Inc. (OTCBB: GWGO) after releasing the latest short sale data through February 2006. From January 2005 to February 2006 approximately 20.59 billion total aggregate shares of GWGO have traded for a total dollar value of nearly $12.35 million. The total aggregate number of shares shorted in this time period is approximately 1.59 billion shares. The GWGO SqueezeTrigger price of $0.0006 is the volume weighted average short price of all short selling in GWGO. A short squeeze is expected to begin when shares of GWGO close above $0.0006. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://buyins.net/squeezetrigger.pdf.
Press Release

Great West Gold, Inc. Email:investor@greatwestgold.com

http://www.greatwestgold.com/pdfs/210206_GWG_PR_Squeeze_Trigger_Report.pdf


Great West Gold, Inc. –
Share Price And Trading Activity
NEW YORK, NY, February 17, 2006, Great West Gold, Inc. (OTC BB: GWGO) confirms that it has noted that its share price traded at a new low yesterday with in excess of 1 billion shares being traded on that day.
The Company has requested an urgent “Squeeze Trigger” Report from www.buyins.net in respect of the Company’s trading including yesterday and upon receipt of this report, it will be published by the Company.
Press Release
Great West Gold, Inc. Email:investor@greatwestgold.com

http://www.greatwestgold.com/pdfs/170206_GWG_PR_Trading_Activity.pdf


Great West Gold, Inc. – Update On Naked Short Selling
Great West Gold (“GWGO”) Report
NEW YORK, December 27, 2005 – Great West Gold, Inc. (OTC BB:GWGO) announced on November 8, 2005 that Great West Gold, Inc. has now subscribed to a service that will “expose” all naked short positions in its stock on a monthly basis. The Company undertook to publish this list on its web site and issue a Press Release disclosing full details contained in that monthly report. Great West Gold, Inc. is now determined to attack those who are involved in the illegal naked short selling of its stock.
Press Release
Great West Gold, Inc. Email:investor@greatwestgold.com



http://www.greatwestgold.com/pdfs/271205_GWG_PR_Update_on_Short_Selling.pdf


Great West Gold, Inc. – UPDATE ON NAKED SHORT NEW YORK, November 9, 2005 – Great West Gold, Inc. (OTC BB:GWGO) announced on November 8, 2005 that Great West Gold, Inc. has now subscribed to a service that will “expose” all naked short positions in its stock on a monthly basis. The Company undertook to publish this list on its web site and issue a Press Release disclosing full details contained in that monthly report. Great West Gold, Inc. is now determined to attack those who are involved in the illegal naked short selling of its stock.
Press Release
Great West Gold, Inc. Email:investor@greatwestgold.com


http://www.greatwestgold.com/pdfs/091105_GWG_PR_Update_on_Short_Selling.pdf
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



paunch13   

Thursday, May 31, 2012 9:15:33 AM

Re: SevenTenEleven post# 201099

Post # of 201184

Seven
It seems that most of the market makers are a part of what is going on I posy to moet of the longs , the ones who own FFGO stock
John



Rocket Man 

Thursday, May 31, 2012 9:50:58 AM

Re: None

Post # of 201184

Things are coming along for FFGO share holders, nmgl will be the key imo.



SevenTenEleven 

Thursday, May 31, 2012 9:55:38 AM

Re: Rocket Man post# 201112

Post # of 201184

I agree! NMGL is KEY! Once conditions have been met, FFGO will distribute the assets to shareholders, as PROTECTED by the Wyoming State Statutes of INCORPORATION. Any doubts, email FINRA and ask! State Statutes govern what a company can and cannot do. AT ALL TIMES!



mwab52   

Thursday, May 31, 2012 9:59:50 AM

Re: None

Post # of 201184

Looking forward to divvy up time.Hold onto those shares...(FFGO)



Rocket Man 

Thursday, May 31, 2012 10:08:39 AM

Re: SevenTenEleven post# 201114

Post # of 201184

I got the same data.. At anytime we could see more information. Gold is good for FFGO shareholders.



paunch13   

Thursday, May 31, 2012 10:09:11 AM

Re: mwab52 post# 201115

Post # of 201184

mwab52
Right, there is only one reason they want paople to write off their shares and that is because they are all a part of what is going on
John



SevenTenEleven 

Thursday, May 31, 2012 10:13:21 AM

Re: Rocket Man post# 201116

Post # of 201184

Looking forward to the next step in the process. Company stated that they would go quiet until the distribution of the dividend. They also stressed that they would likely be paying the dividend in CASH.

One would understand the hopes and attempts by a broker to convince a shareholder to agree to remove the markers from their account. It is apparent what the TDA broker was attempting to do this morning.

Tic Toc



SevenTenEleven 

Thursday, May 31, 2012 10:24:35 AM

Re: mwab52 post# 201115

Post # of 201184

FFGO - Next steps by NMGL will be very telling for shareholders. If they continue to move in the direction we are expecting them to move, the dividend distribution from FFGO will not be too far off.

Brokers suggesting to shareholders to write down their positions. At least TDA broker was confirmed as doing so today. He even did it at least twice! Looks like there is some serious motivation for TDA to clear out any and all illegal book entries for revoked or no bid stocks.

Tic Toc



Rocket Man 

Thursday, May 31, 2012 10:24:42 AM

Re: SevenTenEleven post# 201118

Post # of 201184

I dind't hear about that, what happened with some one owning shares of FFGO at TDA?




SevenTenEleven 

Thursday, May 31, 2012 10:26:28 AM

Re: Rocket Man post# 201123

Post # of 201184

A shareholder called TDA this morning and received the following response:


Quote:
--------------------------------------------------------------------------------
Called TD Ameritrade this morning and talked to broker who said he has no explanation as to why my net change today showed a increase in green equal to my FFGO account, but did ask twice if I wanted him to remove FFGO from my account all together, which I said "NO", that is the last thing I want to happen, so I am not sure what is going on yet. Did anyone else hear anything yet? TIA
--------------------------------------------------------------------------------

Another shareholder has this showing in the "notes" section of their account:


Quote:
--------------------------------------------------------------------------------
Available Unit is dated 7/13/12

whatever that means



mwab52 

Thursday, May 31, 2012 10:35:32 AM

Re: SevenTenEleven post# 201122

Post # of 201184

Pressure and more pressure.Hold onto those shares.(FFGO)



AlanC

Thursday, May 31, 2012 11:48:00 AM

Re: SevenTenEleven post# 201124

Post # of 201185

That is very very interesting especially this part imho:
"Another shareholder has this showing in the "notes" section of their account:


Quote:
--------------------------------------------------------------------------------
Available Unit is dated 7/13/12

whatever that means
--------------------------------------------------------------------------------"

Could that be the day the divys are paid? Works for me if it is!
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



AlanC

Thursday, May 31, 2012 11:58:39 AM

Re: AlanC post# 201128

Post # of 201185

Did you know about our neighbor that is mining and selling gold?
NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
http://www.sec.gov/Archives/edgar/data/1072019/000106299312001958/0001062993-12-001958-index.htm
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!
How much was it Dr.Colliston estimated our gold to be worth and what was the price per ounce of gold when he did it?




paunch13   

Thursday, May 31, 2012 12:16:43 PM

Re: AlanC post# 201129

Post # of 201185

AlanC' That will be us next year only for a lot more gold
John



Rocket Man 

Thursday, May 31, 2012 2:54:45 PM

Re: None

Post # of 201185

Looks like Ronnie large share holder in FFGO files another form 15, RENS..

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8651157



SevenTenEleven 

Thursday, May 31, 2012 3:02:57 PM

Re: Rocket Man post# 201143

Post # of 201185

Rocket Man, this is additional GOOD NEWS!

Ron is protecting the company(s) and shareholders from naked short sellers influencing revocations of NMGL and RENS.

FFGO DIVIDEND IS GETTING CLOSER!

TIC TOC



Rocket Man 

Thursday, May 31, 2012 3:05:39 PM

Re: SevenTenEleven post# 201144

Post # of 201185

Looking like the Ron Man has a plan for us who hold FFGO.. Longs in FFGO have assets held in WD awaiting distribution through NMGL.. Nice..



paunch13   

Thursday, May 31, 2012 3:12:40 PM

Re: Rocket Man post# 201145

Post # of 201185

Rocket man
It is getting closer and closer with each passing day, The divis will be here soon now
John



Rocket Man 

Thursday, May 31, 2012 3:15:42 PM

Re: paunch13 post# 201146

Post # of 201185

One thing at a time, imo.. I wonder what is going on in the minds of those that shorted FFGO on that cold winterday 02/17/2011. I know longs thoughts, imo.. Lol



SevenTenEleven 

Thursday, May 31, 2012 3:18:47 PM

Re: Rocket Man post# 201145

Post # of 201185

FFGO - Looks like longs are about to be rewarded at the expense of the naked manipulative shorts!

Tic Toc



AlanC

Thursday, May 31, 2012 3:28:59 PM

Re: Rocket Man post# 201147

Post # of 201186

No doubt panic in some while others may believe they will still be spared from having to pay out a huge amount of money. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

10 million shares of FFGO @.0001 cost $1000 and will return $34,449.00!



paunch13   

Thursday, May 31, 2012 3:32:28 PM

Re: AlanC post# 201149

Post # of 201187

AlanC
And how much will 1 billion shares bring, I think I will through a party for all my famnily and neighbors
John



SevenTenEleven 

Thursday, May 31, 2012 3:32:34 PM

Re: AlanC post# 201149

Post # of 201187

10 million shares of FFGO @.0001 cost $1000 and will return $34,449.00! - AlanC

At least $34,449.00 per $1000 investment!

Imagine $1.6 share or $16,000,000 for that $1000 investment!

Tic Toc


AlanC

Thursday, May 31, 2012 3:40:14 PM

Re: SevenTenEleven post# 201152

Post # of 201187

SevenTenEleven: That would be awesome and I do realize that the price of gold has doubled however I am trying to be conservative and only demonstrate based on what has already been announced by the company. More than that is a bonus! Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



SevenTenEleven 

Thursday, May 31, 2012 3:42:19 PM

Re: AlanC post# 201156

Post # of 201188

I agree! But if the mines are worth $120B, and all of that is distributed to shareholders, imagine what capital requirements that will put on those illegally selling naked short shares of FFGO over the years?

Tic Toc



wrenchman 

Thursday, May 31, 2012 4:24:15 PM

Re: SevenTenEleven post# 201152

Post # of 201188

Look at the date highlighted that is the date i am watching!!!

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities


OMB APPROVAL
OMB Number: 3235-0076
Expires: June 30, 2012
Estimated average burden
hours per response: 4.00

1. Issuer's Identity
CIK (Filer ID Number) Previous Names
None
Entity Type
0001393283
ELKO VENTURES INC.

X Corporation
Limited Partnership
Limited Liability Company
General Partnership
Business Trust
Other (Specify)

Name of Issuer
North American Gold & Minerals Fund
Jurisdiction of Incorporation/Organization
NEVADA
Year of Incorporation/Organization
Over Five Years Ago
X Within Last Five Years (Specify Year) 2007
Yet to Be Formed



Rocket Man 

Thursday, May 31, 2012 8:22:17 PM

Re: None

Post # of 201189

FFGO~ Somethings just won't go away, like the billions of shorted shares in FFGO.. Aspa files a form 15 today.. All I hear now are crickets..

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73714133&txt2find=historical



SevenTenEleven 

Thursday, May 31, 2012 8:34:40 PM

Re: Rocket Man post# 192890

Post # of 201189

The FAQ's are very important.

They outline every component of the dividend process and the winding down of the company.

Great to be a shareholders!

Tic Toc



Rocket Man 

Thursday, May 31, 2012 9:16:11 PM

Re: Nitwit post# 201173

Post # of 201189

One popular board FFGO, think because there are some serious players here each and every day..? I do.

That update of 2010 was reference, todays update from RENS was nice and fresh, 05/31/2012..


Quote:
--------------------------------------------------------------------------------
(Updated 9/8/2010- 9:43 AM) ~Nitwit
--------------------------------------------------------------------------------

Tic Toc. lol

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8651157



Rocket Man 

Thursday, May 31, 2012 9:16:11 PM

Re: Nitwit post# 201173

Post # of 201189

FFGO- Ronnie gives up some booty..

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8651157

And previously:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8640292



Rocket Man

Thursday, May 31, 2012 9:24:42 PM

Re: SevenTenEleven post# 201169

Post # of 201189

Very impportant, that is sure in FFGO.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7452286


Quote:
--------------------------------------------------------------------------------
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES

On September 8, 2010, the Company directed its transfer agent to issue to Western Diversified Mining Resources, Inc. ("Western") 12,096,115 shares of the Company's Series A Preferred Stock and 29,334,212 Shares of the Company's Series B Preferred Stock. These shares were issued in payment of the purchase price for Western's 23.22% shareholding in Bouse Gold Inc. and Western's 46.84% shareholding in South Copperstone Inc., the acquisition of which closed on September 8, 2010.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NORTH AMERICAN GOLD & MINERALS FUND

/s/ Ronald Yadin Lowenthal
-----------------------------------
Ronald Yadin Lowenthal
President and Director

September 8, 2010



SevenTenEleven 

Thursday, May 31, 2012 9:27:21 PM

Re: Rocket Man post# 201180

Post # of 201189

Very IMPORTANT INDEED!



Rocket Man 

Thursday, May 31, 2012 9:33:00 PM

Re: puppydotcom post# 197669

Post # of 201189

Ronnie filed form 15 again today, one big share holder in FFGO too.. Must be all the buzzzz, cause.. FFGO isn't gone... bizzzzzzzed lol



Vianna 

Thursday, May 31, 2012 10:31:56 PM

Re: Rocket Man post# 201183

Post # of 201189

smile FFGO is definitely not Dead and Gone! Form 15 filed for RENS as well...Sweeet!

GO FFGO!

V



Rocket Man 

Thursday, May 31, 2012 10:32:32 PM

Re: SevenTenEleven post# 201181

Post # of 201189

That is so true, nice to know the road we travel is about $258mil just for FFGOs shareholders of recent, the historical and the insiders is a lot bigger.. Billion sound about right? Better be.. 10 mil OZ of gold.. B & SC. Gold is good.



Rocket Man 

Thursday, May 31, 2012 10:34:05 PM

Re: SevenTenEleven post# 201184

Post # of 201189

We have irrevocable consent.. Travel that road in FFGO.. SWEET!



Rocket Man 

Thursday, May 31, 2012 10:35:15 PM

Re: Vianna post# 201186

Post # of 201189

Hey Madam V. I see your checking in with FFGO and the Sisters.. Nice!



Rocket Man 

Thursday, May 31, 2012 10:46:54 PM

Re: RoadLessTraveled post# 201185

Post # of 201190

I don't believe you have it right about FFGO, etc.. The insiders effectively gave the shorts the proverbial FID.. In Coast Guard terms not pretty, used for sticking it into a tight spot. (knot, rope)..

Go Ronnie, Stevie, Bezzono-ie, etc.. lol


SevenTenEleven 

Thursday, May 31, 2012 5:18:39 PM

Re: Rocket Man post# 7607

Post # of 7616

NMGL - The trap is about to slam shut not he illegal naked short selling brokers, bankers, and market makers.

$0.003449 to $1.60 per share is worth waiting for!



Rocket Man 

Thursday, May 31, 2012 8:14:04 PM

Re: SevenTenEleven post# 7608

Post # of 7616

I wonder if the form 15 got the cats tongue here an at the sisters? lol




Rocket Man 

Thursday, May 31, 2012 8:15:28 PM

Re: SevenTenEleven post# 7608

Post # of 7616

Historical Dividends

This page sets out the Company’s historical stockholding in both Bouse Gold, Inc. and in South Copperstone, Inc., the delivery of in excess of 90% of Bouse Gold, Inc. and South Copperstone, Inc. to the Purchaser and the mechanisms designed to deliver 100% ownership of both Bouse Gold, Inc. and South Copperstone, Inc. to the Purchaser. This information was contained in a Form 8-K Filing by the Company on April 23, 2010.



STOCKHOLDERS IN BOUSE GOLD, INC. :

Eligible Dividend Recipients as at November 7, 2005: (Note 2) 899,967,718 (40.91 %)

Searchlight Exploration, LLC: 219,997,800 (9.99 %)

Fortress Financial Group, Inc.*: 510,923,545 (23.22 %)

Other Stockholders: (Note 1) 569,110,937 (25.88 %)

TOTAL ISSUED: 2,200,000,000 (100%)



*Fortress Financial Group, Inc. holds its interests in Bouse Gold, Inc. through its wholly owned Investment Corporation, Western Diversified Mining Resources, Inc. No additional shares of Bouse Gold, Inc. shares of Common Stock will be issued whatsoever.

NOTE 1: The Company transferred an amount of US$302,607,268 (Three hundred and two million six hundred and seven thousand two hundred and sixty eight dollars) representing 519,497,456 (Five hundred and nineteen million four hundred and ninety seven thousand four hundred and fifty six) shares in the “Bouse” Gold Exploration Property to repurchase shares of the Company’s Common Stock in June and in July 2008.

NOTE 2: Stockholders of the Company as at November 7, 2005 received an amount of 899,967,718 (Eight hundred and ninety nine million nine hundred and sixty seven thousand seven hundred and eighteen) shares in Bouse Mining Holdings plc as a Stock Dividend. These shares are being held "on book" for and on behalf of these stockholders. This represents an amount of 40.9% of the Issued Share Capital of Bouse Mining Holdings plc.

On February 1, 2008, the “Bouse” Gold Exploration properties and interests held in Bouse Mining Holdings plc were transferred into a new Corporation, incorporated in Wyoming, named “Bouse Gold, Inc.”. It was considered more advantageous to hold these interests in a Corporation incorporated in the United States of America compared to them being held in Foreign Corporations. All stockholders are guaranteed 1 (one) share of Common Stock in Bouse Gold, Inc. for every 1 (one) Ordinary share held in Bouse Mining Holdings plc.

The Company holds full and accurate records of the stockholders eligible for both of these aforesaid Stock Dividends and as at the aforesaid “Record Dates” for these Dividend declarations.



STOCKHOLDERS IN SOUTH COPPERSTONE, INC.:



Eligible Dividend Recipients as at December 2, 2005: (NOTE 1) 899,581,199 (40.89 %)

Searchlight Exploration, LLC: 219,997,800 (9.99 %)

Fortress Financial Group, Inc.*: 1,030,421,001 (46.84 %)

Other Stockholders: 50,000,000 (2.28 %)

TOTAL ISSUED: 2,200,000,000 (100%)



*Fortress Financial Group, Inc. holds its interests in South Copperstone, Inc. through its wholly owned Investment Corporation, Western Diversified Mining Resources, Inc. No additional shares of South Copperstone, Inc. shares of Common Stock will be issued whatsoever.



NOTE 1: Stockholders of the Company as at December 2, 2005 received an amount of 899,581,199 (Eight hundred and ninety nine million five hundred and eighty one thousand one hundred and ninety nine) shares in Copperstone Mining Holdings plc as a Stock Dividend. These shares are being held "on book" for and on behalf of these stockholders. This represented 40.9% of the Issued Share Capital of Copperstone Mining Holdings plc. On February 1, 2008, the “South Copperstone” Gold Exploration properties and interests held in South Copperstone Mining

Holdings plc were transferred into a new Corporation, incorporated in Wyoming, named “South Copperstone, Inc.”. It was considered more advantageous to hold these interests in Corporations incorporated in the United States of America compared

to them being held in a Foreign Corporation. All stockholders are guaranteed 1 (one) share of Common Stock in South Copperstone, Inc. for every 1 (one) Ordinary share held in South Copperstone Mining Holdings plc.

The Company holds full and accurate records of the stockholders eligible for both of these aforesaid Stock Dividends and as at the aforesaid “Record Dates” for these Dividend declarations.



EXTERNAL AUDIT OF BOUSE GOLD, INC. AND SOUTH COPPERSTONE, INC.



The Purchaser will engage an external Auditor to complete a full Audit of both South Copperstone, Inc. and of Bouse Gold, Inc. This audit is required to be completed prior to the Purchaser obtaining in excess of 50.1% of these two Corporations as the Purchaser is not in a position to acquire a controlling interest of unaudited Corporations due to its Reporting and Filing obligations to the SEC. This does not affect the Purchaser acquiring Fortress Financial Group, Inc.’s stock in these two Corporations whatsoever.



SALE OF BOUSE GOLD, INC.



The Company has confirmed and announced that it is in the process of completing upon the sale of its 510,923,545 shares of Bouse Gold, Inc. Common Stock, representing 23.22% of the outstanding shares of Bouse Gold, Inc. Common Stock.

The Company has secured the irrevocable consent of other stockholders in Bouse Gold, Inc. to dispose of their shares of Bouse Gold, Inc., representing an additional amount of 1,518,563,813 shares of Bouse Gold, Inc. Common Stock, representing an additional 69.03% of the outstanding shares of Bouse Gold, Inc. Common Stock.



This is made up as follows:



Eligible Dividend Recipients as at November 7, 2005: (Note 1) 729,455,076 (33.16 %)

Searchlight Exploration, LLC: 219,997,800 (9.99 %)

Fortress Financial Group, Inc.*: 510,923,545 (23.22 %)

Other Stockholders: 569,110,937 (25.88 %)

TOTAL: 2,029,487,358 (92.25 %)



*Fortress Financial Group, Inc. holds its interests in Bouse Gold, Inc. through its wholly owned Investment Corporation, Western Diversified Mining Resources, Inc.

NOTE 1: This represents the sum total of large stockholders identified on the Bouse Gold, Inc. stockholder register who received their shares of Bouse Gold, Inc. Common Stock through the Stock Dividend declared by the Company on November 7, 2005.

The Company is therefore in a position to furnish the Purchaser of Bouse Gold, Inc. with an immediate amount of 2,029,487,358 shares of Bouse Gold, Inc. Common Stock, representing 92.25% of the outstanding shares of Bouse Gold, Inc. Common Stock.

The balance of the shares of Bouse Gold, Inc. Common Stock in the amount of 170,512,642, representing 7.75% of the outstanding shares of Bouse Gold, Inc. Common Stock are held as follows:



Cede & Co. (Note "A") 77,234,720 (3.51 %)

Identifiable Stockholders (Note "B") 93,277,922 (4.24 %)

TOTAL: 170,512,642 (7.75 %)



NOTE “A”: This represents stockholders who held their shares in the Company with their Brokers at the date of the payment of the Stock Dividend with the Record Date of November 7, 2005. These stockholders would receive their share of the sale proceeds upon the completion of the sale of Bouse Gold, Inc. through a distribution which would have to be effected by the DTCC.

NOTE “B”: This represents identifiable stockholders whose holdings are directly and identifiably held on the Bouse Gold, Inc. stockholder register and received through the Stock Dividend payment with the Record Date of November 7, 2005. These stockholders would directly receive their share of the sale proceeds upon the completion of the sale of Bouse Gold, Inc.

The share of the sale proceeds payable upon the completion of the sale of Bouse Gold, Inc. to the stockholders described in Notes “A” and “B” would be calculated on the same terms as every other single stockholder of Bouse Gold, Inc.; and without exception. The purchase of the balance of the shares of Bouse Gold, Inc. Common Stock in the amount of 170,512,642, representing 7.75% of the outstanding shares of Bouse Gold, Inc. Common Stock as described in Notes “A” and “B” will be mandatory upon the stockholders of Bouse Gold, Inc. given the unconditional acceptance of the sale by those stockholders representing an amount of 92.25% of the outstanding shares of Common Stock; thereby guaranteeing the Purchaser of Bouse Gold, Inc. their required 100% interest in Bouse Gold, Inc. The Purchaser of Bouse Gold, Inc. is solely interested in acquiring a 100% interest in Bouse Gold, Inc., which will be obtained through a short-form merger under the Wyoming Business Corporation Act as the Purchaser is obtaining in excess of 80% of the stock in Bouse Gold, Inc.



PENDING SALE OF SOUTH COPPERSTONE, INC.



The Company has announced that it is in the process of completing upon the sale of its 1,030,421,001 shares of South Copperstone, Inc. Common Stock, representing 46.84% of the outstanding shares of South Copperstone, Inc. Common Stock.

The Company has secured the irrevocable consent to dispose of their shares of South Copperstone, Inc. in concert with the Company, representing an additional amount of 1,027,142,329 shares of South Copperstone, Inc. Common Stock, representing an additional 46.69% of the outstanding shares of South Copperstone, Inc. Common Stock.



This is made up as follows:



Eligible Dividend Recipients as at December 2, 2005: (Note 1) 757,144,529 (34.42 %)

Searchlight Exploration, LLC: 219,997,800 (9.99 %)

Fortress Financial Group, Inc.*: 1,030,421,001 (46.84 %)

Other Stockholders: 50,000,000 (2.28 %)

TOTAL: 2,057,563,330 (93.53 %)



NOTE 1: This represents the sum total of large stockholders identified on the South Copperstone, Inc. stockholder register who received their shares of South Copperstone, Inc. Common Stock through the Stock Dividend declared by the Company on December 2, 2005.

*Fortress Financial Group, Inc. holds its interests in South Copperstone, Inc. through its wholly owned Investment Corporation, Western Diversified Mining Resources, Inc.

The Company is therefore in a position to furnish the Purchaser of South Copperstone, Inc. with an immediate amount of 2,057,563,330 shares of South Copperstone, Inc. Common Stock, representing 93.53% of the outstanding shares of South Copperstone, Inc. Common Stock.

The balance of the shares of South Copperstone, Inc. Common Stock in the amount of 142,436,670, representing 6.47% of the outstanding shares of South Copperstone, Inc. Common Stock are held as follows:



Cede & Co. (Note "C") 55,065,559 (2.50 %)

Identifiable Stockholders (Note "D") 87,371,111 (3.97 %)

TOTAL: 142,436,670 (6.47 %)



NOTE “C”: This represents stockholders who held their shares in the Company with their Brokers at the date of the payment of the Stock Dividend with the Record Date of December 2, 2005. These stockholders would receive their share of the sale proceeds upon the completion of the sale of South Copperstone, Inc. through a distribution which would have to be effected by the DTCC.

NOTE “D”: This represents identifiable stockholders whose holdings are directly and identifiably held on the South Copperstone, Inc. stockholder register and received through the Stock Dividend payment with the Record Date of December 2, 2005. These stockholders would directly receive their share of the sale proceeds upon the completion of the sale of South Copperstone, Inc.

The share of the sale proceeds payable upon the completion of the sale of South Copperstone, Inc. to the stockholders described in Notes “C” and “D” would be calculated on the same terms as every other single stockholder of South Copperstone, Inc.; and without exception.

The purchase of the balance of the shares of South Copperstone, Inc. Common Stock in the amount of 142,436,670 and representing 6.47% of the outstanding shares of South Copperstone, Inc. Common Stock as described in Notes “C” and “D” will be mandatory upon these stockholders of South Copperstone, Inc. given the unconditional acceptance of the sale by those stockholders representing an amount of 93.53% of the outstanding shares of Common Stock; thereby guaranteeing the Purchaser of South Copperstone, Inc. their required 100% interest in South Copperstone, Inc. The Purchaser of South Copperstone, Inc. is solely interested in acquiring a 100% interest in South Copperstone, Inc., which will be obtained through a short-form merger under the Wyoming Business Corporation Act as the Purchaser is obtaining in excess of 80% of the stock in South Copperstone, Inc.



SUMMARY OF THE SALE PROCESS OF BOTH BOUSE GOLD, INC. AND SOUTH COPPERSTONE, INC. AND THE PAYMENT OF THE PROCEEDS FROM THE COMPLETION OF THE SALE BY A SINGLE EXTRAORDINARY DIVIDEND



The Company will be disposing of its 510,923,545 shares in Bouse Gold, Inc. Common Stock and its 1,030,421,001shares of South Copperstone, Inc. to the Purchaser. The proceeds payable to the Company from the sale of these aforesaid shares of both Bouse Gold, Inc. and South Copperstone, Inc. will be distributed in full to the stockholders of the Company upon a Dividend Date to be announced upon the completion of the sale of the Company’s shares of Bouse Gold, Inc. and South Copperstone, Inc.

The loans advanced by the Company to both Bouse Gold, Inc. and to South Copperstone, Inc. and in the amount of circa US$850,000, will be repaid to the Company by the Purchaser of Bouse Gold, Inc. and South Copperstone, Inc.

The amounts owed by the Company in respect of the balance of the outstanding Long Term Loan Note Holders and the current creditors will be settled from the sale proceeds. This amount will not be in excess of circa US$600,000.



PRICING GUIDELINE IN RESPECT OF THESE SALE TRANSACTIONS

The Company can confirm that the sale of its 510,923,545 shares of Bouse Gold, Inc. Common Stock and its 1,030,421,001 shares of South Copperstone Common Stock will not equate to a net amount that equates to an amount that is lower than the amount of US$0.003 per share of the Company’s Common Stock. The transaction is priced upon a Gold Price of US$1,050/oz. Should the Gold price be greater than the amount of US$1,050/oz upon the final completion of the sale of these shares of Common Stock in Bouse Gold, Inc. and in South Copperstone, Inc.; then the pricing per share would be greater than aforesaid. Stockholders are advised that these are pricing guidelines and simply reflect the lowest price that has been accepted by the Company. The Company is not prepared to give detailed information prior to the published completion of these sales transactions.


Just a little short? I wouldn't want to be, at all~ 



SevenTenEleven 

Thursday, May 31, 2012 8:36:10 PM

Re: Rocket Man post# 7609

Post # of 7616

RENS - Form 15 has just placed NMGL and RENS in Protective Custody!

Those short about to learn a tough lesson.

Tic Toc


SevenTenEleven 

Thursday, May 31, 2012 8:37:40 PM

Re: Rocket Man post# 7610

Post # of 7616

NMGL - Preferred A's & B's well worth the wait!

Will they be worth more than $0.003449?

Tic Toc



Rocket Man 

Thursday, May 31, 2012 10:21:57 PM

Re: SevenTenEleven post# 7611

Post # of 7616

Looking that way to me as well. The dots seem to point to the lesson of, if one says there is not such thing as NSS in NMGLC or RENS or FFGO or NMGL or HGLC, think again.. The panic a few days ago was very compelling. Just think if HGLC gets some attention.. Panic From The Streets of London, I can hear the Smiths now.. lol Nice! Think about the song, Shop Lifters of the World Unite and take overrrr .. To the : Naked Short Sellers of the World get Ready to Coverrrr.. lol



Rocket Man 

Thursday, May 31, 2012 10:28:35 PM

Re: SevenTenEleven post# 7612

Post # of 7616

Ronnie paid $.0035 per filings to the SEC.. Pretty much says it all, tied at the hip.. Did I mention that rumor has it that TDA is looking to cut deals? lol Oh wait.. lol



Rocket Man 

Thursday, May 31, 2012 10:37:40 PM

Re: puppydotcom post# 7613

Post # of 7616

How do you know that, per what source? Is that a fact that is the only way?


Quote:
--------------------------------------------------------------------------------
Pete is the only person who can liquidate the revoked, empty , dissolved, abandoned dead corporation

maybe some day lumb will tell him to do it .. and get it gone

no divvy ever coming from this wreck of this broke empty shell ~ puppydotcom
--------------------------------------------------------------------------------

Just a little short? I wouldn't want to be, at all~



SevenTenEleven 

Thursday, May 31, 2012 3:03:30 PM

Re: Rocket Man post# 3206

Post # of 3227

Rocket Man, this is additional GOOD NEWS!

Ron is protecting the company(s) and shareholders from naked short sellers influencing revocations of NMGL and RENS.

FFGO DIVIDEND IS GETTING CLOSER!

TIC TOC



AlanC

Thursday, May 31, 2012 3:05:25 PM

Re: Rocket Man post# 3206

Post # of 3227

The pressure on the shortman is mounting! Keep turning the screws Ron! Go RENS!!!



Rocket Man 

Thursday, May 31, 2012 3:07:23 PM

Re: SevenTenEleven post# 3207

Post # of 3227

Lets hope there is more and more to come. Shorting the sisters imo will prove a costly mistake. Show em how it is done Ronnie!



Rocket Man 

Thursday, May 31, 2012 3:08:10 PM

Re: AlanC post# 3208

Post # of 3227

Turn them with a wet clothe I all ways say.. Go RENS, gold is good.



AlanC

Thursday, May 31, 2012 3:09:39 PM

Re: Rocket Man post# 3210

Post # of 3227

No KY for the shortman! lol Go RENS!!!



Rocket Man 

Thursday, May 31, 2012 3:13:28 PM

Re: AlanC post# 3211

Post # of 3227

This stock is shorted to the hilt imo.. I am stuck with PENSON at ZECCO.. They have me hostage, at least until we hit a buck.. lol I'll be happy to pay the extortion fees they are charging me to sell at that price.. I am sure THE SEC has an eye on them. Selling shares and not owning any.. lol I couldn't even transfer them to Fidelity. They'll get theirs in the end.. Go Ron



AlanC


Thursday, May 31, 2012 3:17:36 PM

Re: Rocket Man post# 3212

Post # of 3227

I think the chances are much better that RENS will sell at a buck a share before PNSN does the way things are going. lol Go RENS!!!



Rocket Man 

Thursday, May 31, 2012 3:19:34 PM

Re: AlanC post# 3213

Post # of 3227

Lol. You may be right. I'd like to see some production data on the tailings at the Oatman.



SevenTenEleven 

Thursday, May 31, 2012 3:24:47 PM

Re: Rocket Man post# 3209

Post # of 3227

Looks like he is protecting shareholder equity.

What a rabbit's hole for the illegal naked short sellers.



SevenTenEleven 

Thursday, May 31, 2012 3:27:05 PM

Re: AlanC post# 3213

Post # of 3227

RENS - Form 15 filed today!

Looks like Ron is getting everything in order.

Tic Toc



AlanC

Thursday, May 31, 2012 3:49:25 PM

Re: Rocket Man post# 3214

Post # of 3227

Did those tailings contain gold or silver? Imagine rewarding shareholders with a commerative coin of silver or gold? I wonder where the shortman would get those for those of us who would be owed them?
Something creative like that would draw lots of attention to be sure. Go RENS!!!



Rocket Man 

Thursday, May 31, 2012 5:50:29 PM

Re: AlanC post# 3217

Post # of 3227

Primary is gold, imo. I could go for a couple gold coins.. Last mine I worked at we got a coin with the company logo.. 



AlanC

Thursday, May 31, 2012 6:21:52 PM

Re: Rocket Man post# 3218

Post # of 3227

RocketMan: That would make one heck of a dividend given on a quarterly basis. Easily converted to cash for those that needed cash but likely to increase in value and could be done in such a way that anyone that found themselves a tad short could go to the company and buy at say 10 times the value. Go RENS!!!



SevenTenEleven 

Thursday, May 31, 2012 6:33:08 PM

Re: AlanC post# 3219

Post # of 3227

RENS - How short are the bankers, brokers, and market makers? We just learned of JPM not marking OTC derivatives correctly. The article also mentioned any products bought on the OTC. That would include OTC stocks!

Looks like all of the corrupt activity by the bankers, brokers, and the market makers is about to be exposed or silently negotiated.

Tic Toc



Rocket Man 

Thursday, May 31, 2012 7:51:39 PM

Re: AlanC post# 3219

Post # of 3227

Tens times the value for Rens.. lol That would be sweet for us holding shares.. lol



Rocket Man 

Thursday, May 31, 2012 10:41:04 PM

Re: puppydotcom post# 3224

Post # of 3227

So all the shares that traded to date that were not DTC eligible, what then? Pretty sure my Broker would have been happy to take my shares, but there weren't any, just ask PENSON or Zecco.. Gulp!



Rocket Man 

Thursday, May 31, 2012 10:42:58 PM

Re: puppydotcom post# 3225

Post # of 3227

They will approve imo. Or they wouldn't have even tried..



Rocket Man 

Thursday, May 31, 2012 10:52:34 PM

Re: RoadLessTraveled post# 201185

Post # of 201193

Lets get back to the numbers.. Less than $3k to get us, as some say running again.. Wonder what would shorty would think about all the assets showing back up in __________...? Think about it.. Where did they go?



AKFish   

Thursday, May 31, 2012 11:06:54 PM

Re: Rocket Man post# 201192

Post # of 201193

Too funny! How ya doin RM?



SevenTenEleven 

Thursday, May 31, 2012 8:39:32 PM

Re: AlanC post# 1460

Post # of 1473

GNCP - Great to see that the company is Pink Current!

Not dark and non-reporting as claimed!

Likely the direction for the other companies run by the same principles.

Tic Toc


stoprun

Thursday, May 31, 2012 9:38:26 AM

Re: None

Post # of 201111

Shorties still here posting 24/7/365 to tell us that the divy is dead, the more they post the better I feel., ask yourself if divy was dead, no chance, would shorty be here still posting day and night. Who area they trying to help out at this point in the game, only one answer "SHORTY"!!!
Good Luck & Good Buy!!!!!

varmit

Thursday, May 31, 2012 4:12:13 PM

Re: alien42 post# 201150

Post # of 201158

FFGO upper class in session !!!!!!!!

alien .u say that ffgo was a scam ????????and awaste of our investment ??????

where and who else is dishing out a fatty 3449% divvy in pinky stocks ??????

not bad for a revolked ,dormant, suspended ,pos stock ...???????????

yup 3449% plus a buk a shar lol i wish u guys would attend my spelling classes please !!!!!!!!!!!!

klask disssssmissssed !!!!!!!! classless demissed .......

varmit says cuz varmy cares

stoprun

Thursday, May 31, 2012 5:21:41 PM

Re: medchal post# 201162

Post # of 201165

And what was your plan for being here on a revoked, delisted, dead in the water stock, if you are not a long stockholder?
Ultimate question is, "What is in it for Me"?



Rocket Man 

Thursday, May 31, 2012 10:58:58 PM

Re: puppydotcom post# 31247

Post # of 31249

lol Why would anyone R/S a dead stock like HGLC, Form 15 coming? lol


Quote:
--------------------------------------------------------------------------------
puppydotcom

Share
Thursday, January 12, 2012 3:30:21 PM
Re: wrj post# 193041

Post # of 201192
HGLC is gone .. no one will ever hear anything about HGLC ever
again

except chat board chatter
~ puppydotcom
--------------------------------------------------------------------------------

Quote:
--------------------------------------------------------------------------------
wouldn't be suprised to see a 1/1000 reverse split when the time is right.

rotf ...

yup a 1/1000 RS is a great thing for share holders

lol, only in the fantasy land of worthless pennies ~puppydotcom
--------------------------------------------------------------------------------

Just a little short? I wouldn't want to be, at all~




Rocket Man 

Thursday, May 31, 2012 11:00:37 PM

Re: None

Post # of 31249

Pretty sure the Queen is looking out for the dogs in HGLC.. Shorty needs to get a leash on imo..

Just a little short? I wouldn't want to be, at all~




5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-05-31 22:25:25)

Offline

 

#1599 2012-06-01 19:48:16

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



North American Gold & Minerals Fund (NMGL)

Moderators:AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/North-American-Gold-&-Minerals-Fund-NMGL-16265/



GNCC Capital, Inc. (GNCP)

Moderators:SevenTenEleven, Rocket Man, digger1, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=3731



ASPA Gold Corp. (RENS)

Moderators:SevenTenEleven, Rocket Man

http://investorshub.advfn.com/ASPA-Gold-Corp-RENS-19309/



Hunt Gold Corporation (HGLC)

Moderators:SevenTenEleven, Rocket Man

http://investorshub.advfn.com/Hunt-Gold-Corporation-HGLC-11344/



RoadLessTraveled

Friday, June 01, 2012 9:18:52 AM

Re: None

Post # of 201213

If settling with FFGO shareholders would bankrupt shorty, would everyone be happy with that result?

Would that be proper justice?

Or would it be too extreme?

I find it rather harsh myself.


spiritthing

Friday, June 01, 2012 9:37:32 AM

Re: RoadLessTraveled post# 201209

Post # of 201213

Not me. They didn't care if they took others retirements, did they? They had no compassion for the company trying to be successful did they? They just kept running it into the ground didn't they? You create your own karma. In this case though there will be a lot of people who will be going down with them and that is unfortunate. I do find it hard to believe though, that all those people where unaware of what was going on. And for those that didn't, this may be a positive thing in their lives. They will be moving on to a new life with maybe a chance to work for a company that has strong good values. Spirit



alien42

Friday, June 01, 2012 9:41:50 AM

Re: spiritthing post# 201212

Post # of 201213

They didn't care if they took others retirements, did they?

"they" don't exist here and it was the FFGO execs who stole investors money. not that anyone should have retirement money in any penny stock to begin with.


They had no compassion for the company trying to be successful did they? They just kept running it into the ground didn't they?

the "company" never tried to be successful and they ran themselves into the ground intentionally. that is how share printing pump and dump scams like FFGO operate. a real company with gold in the ground couldn't be stopped by the mythical NSS even if they actually existed.

You create your own karma. In this case though there will be a lot of people who will be going down with them and that is unfortunate. I do find it hard to believe though, that all those people where unaware of what was going on. And for those that didn't, this may be a positive thing in their lives. They will be moving on to a new life with maybe a chance to work for a company that has strong good values.

agreed, the only problem is you seem to have it backwards. when one invests in an obvious scam like FFGO they lose their investment and that is indeed karma. as for the people unaware of what was going on, they are the unfortunate victims of the scam that occured here and lost 100% of their investment.



revelations

Friday, June 01, 2012 11:21:23 AM

Re: SevenTenEleven post# 201227

Post # of 201230

I just wanted to give a post of praise to all the people who have stopped responding to negative posts. It has been entertaining to read and very much appreciated. Go FFGO!



keepin12

Friday, June 01, 2012 11:36:46 AM

Re: None

Post # of 201231

Naked shorting is getting a lot of news exposure.

Will we see these crooks in cuffs... stay tuned !



Rocket Man 

Thursday, May 31, 2012 11:53:15 PM

Re: AKFish post# 201193

Post # of 201264

All good! We all know things are moving forward. Hope your well. Maybe Ronnie likes us longs...? He is one of us, nice!!




Rocket Man 

Friday, June 01, 2012 12:21:53 AM

Re: RoadLessTraveled post# 201194

Post # of 201264

I would love to see many things soon in FFGO.. Nice.. Time has a way showing who is who in FFGO.. Cheers to all.. RM



AlanC

Friday, June 01, 2012 7:27:06 AM

Re: Rocket Man post# 201196

Post # of 201264

RocketMan: Spot on! Some have made repeated posts inferring negative things about this man, Pete Bezzano and others. Their continuing efforts speak very loudly as to what their purpose in making those satements really is and the longs all understand that at this point. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

Executive Profile*

Ronald Yadin Lowenthal

Executive Chairman, GNCC Capital, Inc.

Age

Total Calculated Compensation

This person is connected to 5 board members in 4 different organizations across 4 different industries.

See Board Relationships

63

Background*

Mr. Ronald Yadin Lowenthal, Ron has been Chief Executive Officer and President of ASPA Gold Corp. since November 2010. Mr. Lowenthal has been the Chief Executive Officer at North American Gold & Minerals Fund (alternate name Elko Ventures Inc.) since July 2009 and its Chief Financial Officer & Secretary since August 14, 2009. He also serves as Principal Accounting Officer and Treasurer at North American Gold & Minerals Fund. He is a specialist in Corporate Finance, in the structuring of IPO's and in fund raising for Mining Exploration Companies. From 1982 to 1999, he served as a Financial Consultant and as the Compliance Officer to family owned, Lowenthal & Co. From 1972 to 1979, he served as an International Merchant Bankerwith Scandinavian Bank in both London and in Singapore, Amex Bank in both London and in Hong Kong, Rothschild Intercontinental Bank in both London and in Hong Kong and with European and American Bank in New York. From 1979 to 1981, he was involved in Diamond Mining and in Diamond Trading on an International basis. He serves as Chairman of the Board of Directors at GNCC Capital, Inc. He has been a Director of ASPA Gold Corp. since December 1, 2010. He serves as a Non Executive Director at Hunt Gold Corporation. He has been a Director of North American Gold & Minerals Fund since July 2009. He served as a Non Executive Director at Prime Time Group, Inc. Since 1999, he was a founding director of Incentive Holdings Ltd. and Incentive Securities Ltd. In 1971, he earned a Masters of Business Administration degree from the Wharton Graduate Division, University of Pennsylvania, USA and in 1969 earned a Bachelor of Arts (Hons) degree in International Relations from the University of Sussex, England.

Collapse Detail





Corporate Headquarters*
848 North Rainbow Boulevard
Las Vegas, Nevada 89107

United States

Phone: 702-635-8146
Fax: 702-924-0741
Board Members Memberships*

Executive Chairman

GNCC Capital, Inc.

Non Executive Director

Prime Time Group, Inc.

Non Executive Director

Hunt Gold Corporation

2009-Present

Chief Executive Officer, President, Chief Financial Officer, Principal Accounting Officer, Secretary, Treasurer and Director

North American Gold & Minerals Fund

2010-Present

Chief Executive Officer, President and Director

ASPA Gold Corp.

Education*

MBA 1969

University of Pennsylvania - The Wharton School

BA

University of Sussex

Other Affiliations*

University of Pennsylvania - The Wharton School

University of Sussex

Prime Time Group, Inc.

ASPA Gold Corp.

North American Gold & Minerals Fund

Hunt Gold Corporation


Annual Compensation*
There is no Annual Compensation data available.
Stock Options*
There is no Stock Options data available.
Total Compensation*
There is no Total Compensation data available.

*Data is at least as current as the most recent Definitive Proxy.

Report Data Issue

http://investing.businessweek.com/research/stocks/people/person.asp?personId=43225403&ticker=NMGL:US



AlanC

Friday, June 01, 2012 7:50:14 AM

Re: paunch13 post# 201151

Post # of 201264

John: A billion shares which at .0001 would have cost $100,000. will generate a minimum return of $34,449,000.00. That should be one wingding of a party! lol Go FFGO!!!
Dividends of 3400%+ are worth waiting for!
Mr Lowenthal will be a billionaire when payday arrives!



AlanC

Friday, June 01, 2012 8:19:52 AM

Re: AlanC post# 201199

Post # of 201264

Think about this, we all invested in this group of companies with the expectations of making a profit over time. Based on the people involved and what we have been told by the companies as to assets etc., as well as promised by management in the form of dividends we expect to make a tidy profit in the future.
Now imagine the shoe is on the other foot and you made a bet these companies were all scams and would not make it. You understood how the game worked and that even if the company turned out to be legit the big boys would short it into bankruptcy or failing that call in a marker from a regulator to take care of things insuring that your naked short position was protected from ever having to cover.
So being a small player you naked shorted to the tune of $100,000. but this nightmare has no end and continues to pose a monstrous threat to your future. The potential for loss is enormous and growing by leaps and bounds as the related companies are making moves you never anticipated. You could lose everything and I mean everything if you lose your bet.
Can you imagine being in this position? Can you imagine the sleepless nights? Do you think you might do whatever you thought might save your from losing everything? On one hand you want this to end but on the other you know if it does it could be the end for you and your family. What did you do? It looked like a sure thing I am sure.
Interesting and costly days ahead for the shortman! Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



paunch13   

Friday, June 01, 2012 8:46:56 AM

Re: AlanC post# 201200

Post # of 201264

AlanC
I hope your thinking is correct and Mr. Shorty does loose everything and has to go on food stamps for all the illegally naked shorting FFGO to the toon of at least 200 billion shares

John



spiritthing   

Friday, June 01, 2012 8:56:42 AM

Re: AlanC post# 201200

Post # of 201264

I have thought about this and am seeing some clearing house changes happening right now. Penson is one of them and one I have been wondering it was involved with FFGO. I just got an email from my ZECCO account and they said that Penson will soon be APEX clearing house? Why, are they about to lose their assets? So they sell before someone comes after the assets? It is going to be interesting. Spirit



SevenTenEleven 

Friday, June 01, 2012 9:01:37 AM

Re: Rocket Man post# 201187

Post # of 201264

Anything over $0.003449 is a bonus for being patient!

Tic Toc



SevenTenEleven 

Friday, June 01, 2012 9:02:48 AM

Re: Rocket Man post# 201188

Post # of 201264

Wyoming Statutes PROTECT the distribution of assets to shareholders of FFGO. The Preferred A's & B's are assets! All one has to do is look at the 8-K filings with the SEC.

Tic Toc



SevenTenEleven 

Friday, June 01, 2012 9:04:28 AM

Re: None

Post # of 201264

State of Wyoming Statutes Regarding Dividend Process


17-16-1405. Effect of dissolution.


(a) A dissolved corporation continues its corporate existence but may not carry on any business except that appropriate to wind up and liquidate its business and affairs, including:

(i) Collecting its assets;

(ii) Disposing of its properties that will not be distributed in kind to its shareholders;

(iii) Discharging or making provision for discharging its liabilities;

(iv) Distributing its remaining property among its shareholders according to their interests; and

(v) Doing every other act necessary to wind up and liquidate its business and affairs.

(b) Dissolution of a corporation does not:

(i) Transfer title to the corporation's property;

(ii) Prevent transfer of its shares or securities, although the authorization to dissolve may provide for closing the corporation's share transfer records;

(iii) Subject its directors or officers to standards of conduct different from those prescribed in article 8;

(iv) Change quorum or voting requirements for its board of directors or shareholders; change provisions for selection, resignation, or removal of its directors or officers or both; or change provisions for amending its bylaws;

(v) Prevent commencement of a proceeding by or against the corporation in its corporate name;

(vi) Abate or suspend a proceeding pending by or against the corporation on the effective date of dissolution; or

(vii) Terminate the authority of the registered agent of the corporation.

http://legisweb.state.wy.us/statutes/statutes.aspx?file=titles/Title17/T17CH16.htm



AlanC

Friday, June 01, 2012 9:11:44 AM

Re: spiritthing post# 201202

Post # of 201264

spiritthing: Thanks for sharing that news about Penson soon becoming Apex. Penson does not clear for my broker however I have been following the Penson saga for some time. The stock price keeps decreasing and they continue to sell off assets. Like you it causes me to wonder if this is in fact a regulator ordered liquidation.
Could FFGO be waiting for the Penson liquidation to be completed in order to have the money to fund their portion of the FFGO dividends?
Nothing would suprise me these days.
Patrick Byrne seems more and more like a prophet to me.
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!



spiritthing   

Friday, June 01, 2012 9:22:21 AM

Re: AlanC post# 201207

Post # of 201264

Your welcome. I believe Scottrade also uses Penson for their clearing house. I haven't heard from Scottrade yet though. Spirit



spiritthing   

Friday, June 01, 2012 9:37:32 AM

Re: RoadLessTraveled post# 201209

Post # of 201264

Not me. They didn't care if they took others retirements, did they? They had no compassion for the company trying to be successful did they? They just kept running it into the ground didn't they? You create your own karma. In this case though there will be a lot of people who will be going down with them and that is unfortunate. I do find it hard to believe though, that all those people where unaware of what was going on. And for those that didn't, this may be a positive thing in their lives. They will be moving on to a new life with maybe a chance to work for a company that has strong good values. Spirit



SevenTenEleven 

Friday, June 01, 2012 9:54:34 AM

Re: spiritthing post# 201212

Post # of 201264

FFGO - Penson going down will reveal a great deal of illegal activity. How many naked short shares did they deposit in TDA and ST accounts?

Will TDA and ST be investigated for fraud? We know that ET is currently wrapped up in a very sticky mess.

Many many inventory problems for ET! Is FFGO one of them?

$0.003449 is the minimum we will receive!

Imagine if the $1.60 FFGO was trading at, as that ticker moved across CNBC's screen, is the negotiated PPS that those selling illegal markers are forced to pay as damages to the company, the shareholders, and the principles?

That would cripple their white collar "too big to fail" network of deceit and deviance.

Tic Toc



Rocket Man 

Friday, June 01, 2012 10:32:55 AM

Re: AlanC post# 201198

Post # of 201264

I'd like to see Ronnie take the gloves off more often.




SevenTenEleven 

Friday, June 01, 2012 10:38:47 AM

Re: paunch13 post# 201219

Post # of 201265

John, With what is happening in Europe, I expect gold to push back well over $1600.



SevenTenEleven 

Friday, June 01, 2012 10:41:20 AM

Re: Rocket Man post# 201220

Post # of 201267

FFGO - Form 15's for RENS and NMGL were the old one-two punch. Looking forward to the upper-cut and the knock-out blow. Assets will be distributed to shareholders of FFGO just as planned. Those short are running out of time and running out of options.

Tic Toc



Rocket Man 

Friday, June 01, 2012 11:00:05 AM

Re: SevenTenEleven post# 201224

Post # of 201267

I'd be getting the check book out and telling the referee I give! lol



SevenTenEleven 

Friday, June 01, 2012 11:03:06 AM

Re: Rocket Man post# 201226

Post # of 201267

I agree! They are better off to just pay the $0.003449 and quietly walk away.

They won't. They likely do not have the $0.003449 and if they did, their margin requirements on many other OTC naked short selling targets may come due as well.



varmit 

Friday, June 01, 2012 1:55:33 PM

Re: None

Post # of 201267

POSATIVE ffgo cash flow

clask is nowwww in section !!!!!!!


no other company has ever issued me and my investment group a nice fat divvy of 3400% return on our money for just 2 years of waiting ........

if we bought shares of apple 2 years ago we would have trippled or 300% gain but no where close to 3400%

so we are very very fortunate to be in the best interest of steven lumb and ronald lowenthal...... thank u sirs !!!!!!!!

now class its time to soon enjoy our dividends that we have been patiently awaiting ........003449 for every share ..

we will be celebrating this huge accomplishment for years to come ...... and affording 2 do so ......

so my suggestion !!!!! like my blood type , "B" POSATIVE

we are almost there ,,,,,checklist done any day now .

preferreds are waiting at nmgl .... will be issued soon ...

clask dismissssssseeeeeddddddddddd !!!!!

varmy cares



varmit 

Friday, June 01, 2012 2:04:22 PM

Re: None

Post # of 201267

ffgo second option

attensionne clask !!!!!!

let it be known that when the mines sales at bouse and s.c. are sold for cash then the preferred shares route may be terminated ....

i think the preferreds are just a detourant until the cash sale closes ....

when the cash is taken in we as shareholders receive cash in our brokerage accounts as a cash dividend od at least .00349 per share

so the preferreds may never be issued only cash !!!!!!!

cash talks and ef hutton listens !!!!!!!

clask dissssmissssseeeddddd!!!!! once again .....
varmy says cuz varmy cares




Lebron23 

Friday, June 01, 2012 2:23:33 PM

Re: None

Post # of 201267

Dividend is coming!!...Buy shares!
OH WAIT! too late....sorry...lol



Lebron23 

Friday, June 01, 2012 2:25:54 PM

Re: None

Post # of 201267

varmit, Thank you for the updates!!!!!
Very exciting about the dividends!! Gooooo FFGO/RENS/NMGL/SJCH/GNCP!!! (did I miss any?...lol)



Lebron23 

Friday, June 01, 2012 2:37:09 PM

Re: SevenTenEleven post# 201099

Post # of 201268

SevenTenEleven, Brokers encouraging writing down shares is extremely scary! We all have to be vigilant to not let anything happen to our FFGO shares!
(was out yesterday and am getting caught up on the large number of posts!!!!)



SevenTenEleven 

Friday, June 01, 2012 2:49:00 PM

Re: Lebron23 post# 201245

Post # of 201268

It is scary that a broker was insisting that a client take a 100% loss ahead of a 3449% PLUS ROI!

TDA is not a full service brokerage house and should not legally be offering full service brokerage advice!

Tic Toc



Lebron23 

Friday, June 01, 2012 3:18:46 PM

Re: A deleted message

Post # of 201268

When someone asks you a second time...they have obviously been instructed to get those shares written off. Call it "insisting", or some other word, it really doesn't matter. The bottom line is this: There are those who would benefit greatly if FFGO's shares are written-off. Therefore, be careful if you are holding FFGO shares.
If you are not holding FFGO shares, don't worry about it.



Lebron23 

Friday, June 01, 2012 3:24:03 PM

Re: None

Post # of 201268

I'm sorry it's Friday, things seem to be percolating here and it's getting exciting imo! Goooooooooooooooooo FFGO/NMGL!!!!!!!



Lebron23 

Friday, June 01, 2012 3:37:21 PM

Re: alien42 post# 201254

Post # of 201268

Dividend is getting closer!!! Gooo FFGO/NMGL!!
Did anyone find out what 'available unit' means?



SevenTenEleven 

Friday, June 01, 2012 6:02:32 PM

Re: varmit post# 201241

Post # of 201268

Varmit, Likely we will see cash in lieu of preferreds. Company made it very clear in the FAQ's that CASH would be the likely distribution.



SevenTenEleven 

Friday, June 01, 2012 6:03:59 PM

Re: varmit post# 201239

Post # of 201269

Varmit, it is good to know that things are wrapping up. Those a tad bit short would love for the anxiety to end, while shareholders, holding many times the float over, would love to take their spoils and move on to the next gold play.



Lebron23 

Friday, June 01, 2012 6:47:59 PM

Re: RoadLessTraveled post# 201260

Post # of 201269

Dividend is coming!!!! Looks like it won't be much longer!!!



SevenTenEleven 

Friday, June 01, 2012 6:54:37 PM

Re: Lebron23 post# 201263

Post # of 201269

If you go back and read the posts. You'll see that the "broker" you are referring to is not a broker.
It is my understanding that brokers are licensed. - Lebron23

I am pretty certain that the "kid" answering the phone at TDA is not a broker. If he was, he wouldn't have to call down to the trading desk, where the brokers are trading, to get approval for orders.

Does passing the Series 7 make someone a qualified broker? NOPE!

Remember in Medical School, C's get Degrees!

TDA IS NOT A FULL SERVICE BROKER! They are a discount broker, and they are known to leave you broker!

Just ask Joe Ricketts how he made his BILLIONS!

Probably made a good portion of it off of FFGO and the other OTC stocks that NITE et al naked short sold. Placing illegal book entries into retail accounts. Tisk Tisk!

I also agree with you that if a "broker" asks you to do something more than once, he is being pushy. Pushy for what reason?

Tic Toc



OldBen 

Friday, June 01, 2012 7:35:40 PM

Re: SevenTenEleven post# 201222

Post # of 201269

With what is happening in Europe, I expect gold to push back well below $1600. Divergence is the exception not the rule. Oil and the S&P got hammered today. Gold and silver diverged higher. YTD oil is catching up to precious metal declines. Stock indexes have a ways to go.

"With what is happening in Europe" we could see the S&P at 1000 AND gold at 1000. I have wisely invested in SPXU and good old cash and have done well.

I don't see NMGL giving shareholders any extra premium if NMGL got a higher sale price based on higher gold anyways. They will give us the dividend of .0034 a share if we are lucky. If we are luckier still, the government will settle any NSS.

In fact, it is more likely that the gold mines have not been purchased. If NMGL has any intention of purchasing the mines. They may wait for European collapse and the fall of gold to buy the remaining interests in Bouse and S. Copperstone.

The Form 15's are a wash to me. They are positive in the sense that old Ron is still out there hopefully doing something and wants to keep companies from getting revoked. They are a negative that filing should not be a big deal and the continued blackout of information is a negative that implies more of a negative than a positive.


Lebron23 

Friday, June 01, 2012 7:48:18 PM

Re: None

Post # of 201269

This is total speculation (lol...isn't that what these board are for sometimes?)....I am confident that FFGO stockholders will get their dividend; then NMGL & RENS will get merged into GNCP. With NMGL & RENS shareholders getting GNCP shares perhaps?
I say this because GNCP appears to be where all the action is right now. New website, getting reporting current, hiring an Investor Relations Firm, adding properties, etc.
I realize that the controlling stockholders are used to running multiple entities, but it would make sense to me to house all properties in one company.
Like I said....total speculation. And, a reason to buy GNCP imo!



SevenTenEleven 

Friday, June 01, 2012 7:54:51 PM

Re: OldBen post# 201265

Post # of 201269

I see the stock markets going lower and gold going higher.

It appears that the mines may have been sold.

Looking forward to further direction.



Lebron23 

Friday, June 01, 2012 3:35:50 PM

Re: None

Post # of 1475

Maybe our management has other fish to fry (NMGL/RENS/FFGO/etc.), but weren't we supposed to get an IR Firm?:
APPOINTMENT OF AN INVESTOR RELATIONS FIRM:

The Company’s Management is in discussions with several competent and experienced firms specializing in this area. An appointment is expected next week. Their role will be strictly limited to interaction (telephonically and E Mail) with our stockholders and prospective investors, liaise with Company Management in respect of public requests for guidance and information, update our corporate web site as required and to E Mail our subscriber base with all News Releases and Regulatory filings in a timely fashion.



AlanC

Friday, June 01, 2012 8:30:20 AM

Re: Rocket Man post# 31248

Post # of 31252

RocketMan: I would think a cash tender offer to HGLC shareholders might be a good way to bring closure here. Anyone short of course would not be a bit happy with that. lol Go HGLC!!!



AlanC

Friday, June 01, 2012 7:59:19 AM

Re: SevenTenEleven post# 7611

Post # of 7627

The naked shorters deserve to go bankrupt! Think about how many companies these Wall Street scumbags have destroyed over the years via naked shorting. How many small investors have been victims of their unbridled greed? They ALL deserve the worst fate that can happen to them. Go NMGL!!!



AlanC

Friday, June 01, 2012 8:17:18 AM

Re: Rocket Man post# 7616

Post # of 7627

Think about this, we all invested in this group of companies with the expectations of making a profit over time. Based on the people involved and what we have been told by the companies as to assets etc., as well as promised by management in the form of dividends we expect to make a tidy profit in the future.
Now imagine the shoe is on the other foot and you made a bet these companies were all scams and would not make it. You understood how the game worked and that even if the company turned out to be legit the big boys would short it into bankruptcy or failing that call in a marker from a regulator to take care of things insuring that your naked short position was protected from ever having to cover.
So being a small player you naked shorted to the tune of $100,000. but this nightmare has no end and continues to pose a monstrous threat to your future. The potential for loss is enormous and growing by leaps and bounds as the related companies are making moves you never anticipated. You could lose everything and I mean everything if you lose your bet.
Can you imagine being in this position? Can you imagine the sleepless nights? Do you think you might do whatever you thought might save your from losing everything? On one hand you want this to end but on the other you know if it does it could be the end for you and your family. What did you do? It looked like a sure thing I am sure.
Interesting and costly days ahead for the shortman! Go NMGL!!!



SevenTenEleven 

Friday, June 01, 2012 8:53:14 AM

Re: Rocket Man post# 7614

Post # of 7627

It does appear that the dots are connecting. Also, those illegally short, know that they are illegally short. They just think the rest of the world doesn't know.

Tic Toc



SevenTenEleven 

Friday, June 01, 2012 8:54:40 AM

Re: Rocket Man post# 7615

Post # of 7627

Of course TDA is looking to cut deals. TDA is run by a white collar criminal named Joe Ricketts. He made billions of dollars stealing for his clients and customers. FFGO is just one of the many OTC stocks he used as a vehicle to steal.

Tic Toc




Rocket Man 

Friday, June 01, 2012 10:41:35 AM

Re: AlanC post# 7619

Post # of 7627

Good point Alanc.. Everyone knows the risk in pinkdom.. Lets see what comes of this.. I imagine sleepless nights are just the beginning for NMGL!



SevenTenEleven 

Friday, June 01, 2012 10:52:27 AM

Re: Rocket Man post# 7625

Post # of 7627

NMGL - A $0.003449 return per share or $1.60 return per share is AWESOME!

Wasn't FFGO trading across CNBC's screen back in 2008 at $1.60 per share, or more?



SevenTenEleven 

Friday, June 01, 2012 9:19:47 AM

Re: Rocket Man post# 3227

Post # of 3229

Tried Twice for that matter!

Looks like NMGL and RENS have the bankers, brokers, market makers, and clearing houses in a position they put themselves in. They also refused to report there short interest positions for the billions of shares illegally sold short to retail buyers. Now they work hard to get shareholders to write down their investment. Could anyone say "tax fraud"?

Tic Toc



Rocket Man 

Friday, June 01, 2012 9:32:17 PM

Re: SevenTenEleven post# 201267

Post # of 201271

Me too. Wasn't today China's debut for a new gold trading platform?

Shorty might want to read up on and where gold is going.. B & SC are full of gold..

Just a little short? I wouldn't want to be, at all~



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-06-01 20:45:30)

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#1600 2012-06-02 11:18:33

Bull Finch
Member
Registered: 2010-08-23
Posts: 1916

Re: Is this the company that will take the Naked Shortman down?

Fortress Financial Group (fka FFGO)

Moderators:underdog150, SevenTenEleven, Rocket Man, Vianna, TomSawyer, Mike2211

http://investorshub.advfn.com/boards/board.aspx?board_id=3111



stoprun   

Friday, June 01, 2012 10:15:09 PM

Re: alien42 post# 201259

Post # of 201285

I have another stock in my account that shows "0" Market Value, but the broker did "not" ask me even once. if I wanted him to remove it from my account, seems little sucipious to me. JMHO!




SevenTenEleven 

Friday, June 01, 2012 10:22:08 PM

Re: Rocket Man post# 201271

Post # of 201285

Gold was up $66.10.

I am expecting it to find support over $1600 moving forward. Will we see it move to $1800 with support as things continue to crumble in Europe?



SevenTenEleven 

Friday, June 01, 2012 10:23:09 PM

Re: stoprun post# 201272

Post # of 201285

stoprun, as shareholders, we know that those responsible for those illegal markers in our accounts will try anything to attempt to get us to write down our shares.

Isn't it interesting when a broker focuses in on one stock, when others are in the same situation?

Tic Toc



Rocket Man 

Friday, June 01, 2012 11:21:51 PM

Re: puppydotcom post# 201234

Post # of 201285

Western Diversified + NMGL = Done deal from FFGO.. Nice!



tatoo1   

Friday, June 01, 2012 11:59:42 PM

Re: Rocket Man post# 201271

Post # of 201285

I think today began the trade between China and Japan. Not using the dollar.



lucvuillermoz   

Saturday, June 02, 2012 4:50:32 AM

Re: newtrader2007 post# 201258

Post # of 201285

i don t think he exchange a paper note as you said
he bougt also debt from ffgo.pk

except if total old exchange debt was sold to ron lowenthal



SevenTenEleven 

Saturday, June 02, 2012 7:59:04 AM

Re: diamondguru-one post# 200864

Post # of 201285

FFGO - Form 15's filed for both RENS and NMGL!

Now both NMGL and RENS are protected from revocation! One less thing for folks to check for with Edgar!

Now those short could remain focused on how they are going to cover the dividend plus $1 per share!

Tic Toc




AKFish   

Saturday, June 02, 2012 9:28:27 AM

Re: SevenTenEleven post# 201279

Post # of 201285

71011, why would shorts need to cover the shares vs. just paying up on the they have sold?



SevenTenEleven 

Saturday, June 02, 2012 9:43:42 AM

Re: AKFish post# 201280

Post # of 201285

It will cost them a minimum of $0.003449 per illegal marker.



Rocket Man 

Saturday, June 02, 2012 10:00:29 AM

Re: tatoo1 post# 201276

Post # of 201285

Definately a sign of things to come. WD+B&SC=FFGO/Shorty pays in the end. $.003449+.



AlanC

Saturday, June 02, 2012 10:00:53 AM

Re: SevenTenEleven post# 201279

Post # of 201285

I look forward to the dividend for sure and any penalties on top of that as gravy. I also look forward to all those who have had their reputations attacked on these message boards being vindicated. Justice being served here is long overdue. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!


OldBen 

Saturday, June 02, 2012 10:12:13 AM

Re: SevenTenEleven post# 201267

Post # of 201285

There is a lot to chew on in a couple of simple sentences. I also see the stock markets going lower in the absence of any artificial government stimulus.

Though, Gold follows the direction of the market (convergence). Look at SPX (S&P index) and GLD or Gold prices. If you look at the start of 2009 to present they are very very similar (convergence). They also both fell during the recession of 2008 (convergence).

If you have evidence of multi-year divergence, it would be interested to hear about it.

You do spend a lot of time investigating FFGO/NMGL etc. and I give you the benefit of the doubt. I understand if you want to keep your cards close to the vest with the opposition on this board. I hope that the mines have been sold. Having sold the mines begs the question, though, that the remaining interest in the mines were also purchased in the first place. I have not seen any evidence of the remaining interest in the mines being purchased.

NMGL filed when they purchased a portion of the mines from FFGO. NMGL was supposed to have the irrevocable consent of all minority shareholders. I don't believe that was the case. If NMGL had bought the ENTIRE mine around the same time as they filed for FFGO's portion of the mine then I believe it would not take over a year and a half to sell the mines. Instead, it makes more sense that NMGL never had irrevocable consent of all minority shareholders. The minority shareholders may not want to sell their portion of the gold mines to NMGL especially with a very apparent lack of cash to complete the transaction. FFGO may accept a cashless multi-year transaction. Facing possible bankruptcy FFGO had little choice. The minority shareholders are likely not in that situation and will not accept A&B's from a marginally reliable company as NMGL (sorry). They likely want immediate cash. NMGL has no cash...

In any case, as Vianna says, it's not "over." Filing form 15's is still evidence that NMGL is still alive and kicking. Hopefully, there will be further direction soon.

Just evidence of the mines being purchased in whole would be a nice surprise and some evidence of movement. Having purchased and sold the mines would really be a surprise.



Rocket Man 

Friday, June 01, 2012 11:22:45 PM

Re: None

Post # of 3231

RENS! Did you notice the quiet time on the sisters.. Lol

Ouch..

Just a little short? I wouldn't want to be, at all~



AlanC

Saturday, June 02, 2012 9:52:00 AM

Re: Rocket Man post# 3230

Post # of 3231

Go Mr. Lowenthal! Go RENS!!!




janice shell 

Saturday, June 02, 2012 6:56:31 PM

Re: SevenTenEleven post# 7626

Post # of 7631

Wasn't FFGO trading across CNBC's screen back in 2008 at $1.60 per share, or more?

No. It was subpenny at the time. I forget what the actual price was, but it didn't show on the CNBC streamer because it doesn't go out four digits to the right.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=28688312



SevenTenEleven 

Saturday, June 02, 2012 8:05:46 PM

Re: janice shell post# 7629

Post # of 7631

Nope! It was trading across the screen. Remember seeing it long before investing.


Bull Finch 

Saturday, June 02, 2012 11:21:27 PM

Re: janice shell post# 7629

Post # of 7631

Sorry janice I seen it also, nice try!

"Wasn't FFGO trading across CNBC's screen back in 2008 at $1.60 per share, or more?"SevenTen Eleven

"No. It was subpenny at the time. I forget what the actual price was, but it didn't show on the CNBC streamer because it doesn't go out four digits to the right."~janice shell

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=28688312


moonster

Tuesday, April 22, 2008 10:48:34 AM

Re: None

Post # of 201290

late last night saw ffgo on the ticker on cnbc almost lost it said fortress financial group ffgo .00 so beware soon jmho... 



AKFish   

Saturday, June 02, 2012 11:47:22 PM

Re: newtrader2007 post# 201288

Post # of 201295

Try Googling: "Why companies file a form 15"

http://finance.yahoo.com/news/rockwell-diamonds-announces-intention-file-200500944.html

http://finance.yahoo.com/news/artificial-life-announces-intention-file-220000243.html

http://www.prnewswire.com/news-releases/auri-inc-files-form-15-with-sec-146030085.html



SevenTenEleven 

Saturday, June 02, 2012 11:51:10 PM

Re: Rocket Man post# 193738

Post # of 201295

What was the PPS of FFGO in those screen shots?




stoprun   

Saturday, June 02, 2012 11:53:47 PM

Re: underdog150 post# 201290

Post # of 201295

No, I never called my broker about that specific stock before, and Yes their registration was revoked by the SEC.




Bull Finch 

Sunday, June 03, 2012 12:01:18 AM

Re: janice shell post# 166512

Post # of 201295

Allot has happened in two years!

I'm hoping to fill you in on everything that you have missed!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56877288

http://investorshub.advfn.com/boards/boardposters.aspx?boardid=3111



5T WD haha

BMFL<OD

next week(s) is here

Who's Next!

http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI


Shortmans Anthem!

http://www.youtube.com/watch?v=fRge7lXu56E

Last edited by Bull Finch (2012-06-02 23:16:00)

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