First Colombia Gold Corporation (PK) (FCGD) News

🚀🚀🚀

We all have seen this before. Ticker gets punched in the gut with concerning news and than boom!!! Dubs up! $ FCGD

Snoof77

Someone maybe loading slowly trying not to get noticed. Will see. Lol

Would need a miracle to even have this get back to 0004 levels

No - 4 million shares = less that $400 thrown at it today. Someone just buying lotto tickets, but there are much less risky lottos than this one.

OK so some unusual volume today . I wonder 🤔

Uh Oh - Frank in big trouble - no wonder .000001 >>>
https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26171

Frank Igwealor et al.
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 26171 / November 19, 2024
Securities and Exchange Commission v. Frank Igwealor, Patience Ogbozor, Alpharidge Capital LLC, American Community Capital LP, GiveMePower, Inc., Kid Castle Educational Corporation, Los Angeles Community Capital, and Video River Networks, Inc., No. 2:24-cv-09941 (C.D Cal. filed Nov. 18, 2024)
SEC Charges CEO with Misappropriation of $2.2 Million and $6 Million of Illegal Stock Sales
The Securities and Exchange Commission announced today it filed charges against Frank Igwealor of Playa del Rey, California, the CEO of several microcap issuers, for engaging in a scheme to misappropriate $2.2 million from a microcap company he controlled to purchase a home, and illegally selling millions of shares of three other microcap issuers he controlled for a profit of approximately $6 million.

The SEC’s complaint, filed in the U.S. District Court for the Central District of California, alleges in November 2021, Igwealor and his spouse, Patience Ogbozor, illegally extended themselves a personal multi-million dollar mortgage from a subsidiary of GiveMePower, Inc. while Igwealor was the CEO of the company and Ogbozor was a director. According to the Complaint, Igwealor subsequently orchestrated sham transactions involving GiveMePower, two additional microcap issuers and a private entity that he controlled in order to obfuscate the original misappropriation, transfer the mortgage and ultimately avoid repayment. In addition, from July 2021 to February 2022, Igwealor allegedly sold approximately 663 million shares of three different microcap issuers he controlled, in excess of limitations under the securities law, applicable to him as a control person of these companies.

The SEC’s complaint charges Igwealor with violating Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933 (“Securities Act”) and Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”) and Rule 10b-5 thereunder, and aiding and abetting violations of Sections 13(a) and 13(k) of the Exchange Act and Rules 12b-20 and 13a-1 thereunder, and charges Ogbozor with violating Section 17(a)(3) of the Securities Act and aiding and abetting violations of Section 13(k) of the Exchange Act. In its case against Igwealor and Ogbozor, the SEC seeks permanent injunctions, officer and director bars, civil penalties, disgorgement, and prejudgment interest as to both defendants, as well as a penny stock bar against Igwealor. The SEC’s Complaint also charges GiveMePower, Inc, Kid Castle Educational Corporation, Video River Networks, Inc., Alpharidge Capital LLC and Los Angeles Community Capital with securities law violations in connection with the mortgage-related fraud; and charges Alpharidge Capital LLC and American Community Capital, LP in connection with Igwealor’s illegal sales of securities.

The SEC’s investigation was supervised by Tejal Shah and Michael Paley and conducted by Abigail Rosen, Thomas Peirce, Ricky Tong, Leslie Kazon and Alex Lefferts of the New York Regional Office. The litigation will be led by Ms. Rosen.

U late

Unfortunately fcgd from what I understand has s $600.000 lean / judgment.

They often do. Even empty crooked shells have value for a new owner. A new seed planted can bear good fruit too.
These are risky but sure can pay off nicely at times. Not bearish or bullish just here to play. As always ...tik tok.
Roll dem bones.

Hopefully before i crook off of old age this will come to life somehow 😆

Bawhahaha

Yep, the risk here, even buying .0001 is that it goes expert market, then the SEC revokes registration. That will be 100% unrecoverable loss. Trade this garbage carefully.

I didn’t know a ticker could be allowed to be Yield for so long

I'm expecting this stock to be banished to the expert market any day now, certainly probably before the end of this year, as they haven't made any quarterly filings this year. I'm actually surprised the OTC hasn't acted already. Good luck.

I have over 80 stocks and have been on a buying craze for two months. This one is iffy, so not much more goes into it. Not for now anyway. I'll make a few bucks if it ever survives.

Wit that being said, only thing left for you to do is wipe out the 1s.

Bottom fishing is fun when the opportunity is presented. A little minnow thrown to the deep can sometimes catch a whale where sharks and gars have been swimming.

I put my money on de-list frank is in crisis mode

I wonder what is next for this ticker? It was fun back in 21... I have a few shares left, just waiting for whatever is next... De-listing or new direction without current management...

Looks like the SEC has finally caught up with pinky dirtbag>>>>>

Frank Igwealor et al.
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 26171 / November 19, 2024
Securities and Exchange Commission v. Frank Igwealor, Patience Ogbozor, Alpharidge Capital LLC, American Community Capital LP, GiveMePower, Inc., Kid Castle Educational Corporation, Los Angeles Community Capital, and Video River Networks, Inc., No. 2:24-cv-09941 (C.D Cal. filed Nov. 18, 2024)
SEC Charges CEO with Misappropriation of $2.2 Million and $6 Million of Illegal Stock Sales
The Securities and Exchange Commission announced today it filed charges against Frank Igwealor of Playa del Rey, California, the CEO of several microcap issuers, for engaging in a scheme to misappropriate $2.2 million from a microcap company he controlled to purchase a home, and illegally selling millions of shares of three other microcap issuers he controlled for a profit of approximately $6 million.

The SEC’s complaint, filed in the U.S. District Court for the Central District of California, alleges in November 2021, Igwealor and his spouse, Patience Ogbozor, illegally extended themselves a personal multi-million dollar mortgage from a subsidiary of GiveMePower, Inc. while Igwealor was the CEO of the company and Ogbozor was a director. According to the Complaint, Igwealor subsequently orchestrated sham transactions involving GiveMePower, two additional microcap issuers and a private entity that he controlled in order to obfuscate the original misappropriation, transfer the mortgage and ultimately avoid repayment. In addition, from July 2021 to February 2022, Igwealor allegedly sold approximately 663 million shares of three different microcap issuers he controlled, in excess of limitations under the securities law, applicable to him as a control person of these companies.

The SEC’s complaint charges Igwealor with violating Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933 (“Securities Act”) and Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”) and Rule 10b-5 thereunder, and aiding and abetting violations of Sections 13(a) and 13(k) of the Exchange Act and Rules 12b-20 and 13a-1 thereunder, and charges Ogbozor with violating Section 17(a)(3) of the Securities Act and aiding and abetting violations of Section 13(k) of the Exchange Act. In its case against Igwealor and Ogbozor, the SEC seeks permanent injunctions, officer and director bars, civil penalties, disgorgement, and prejudgment interest as to both defendants, as well as a penny stock bar against Igwealor. The SEC’s Complaint also charges GiveMePower, Inc, Kid Castle Educational Corporation, Video River Networks, Inc., Alpharidge Capital LLC and Los Angeles Community Capital with securities law violations in connection with the mortgage-related fraud; and charges Alpharidge Capital LLC and American Community Capital, LP in connection with Igwealor’s illegal sales of securities.

The SEC’s investigation was supervised by Tejal Shah and Michael Paley and conducted by Abigail Rosen, Thomas Peirce, Ricky Tong, Leslie Kazon and Alex Lefferts of the New York Regional Office. The litigation will be led by Ms. Rosen.

This another round of stupid ass post, it's 12 million available at 1 that ain't got shit to do with retail

WoW up 9900% today!

WoW up 9900% today!

JP, not Frank. Just another round of non retail manipulation to frustrate retail into selling shares at T1. IMO there is a collection of shares happening by non retail. Those same non retail will eventually pump the pps back up to dub1 when their satisfied they have enough shares. It is then they will sell their shares back to retail.

Frank going Diddy style on yall hind parts

I agree January 3 2065 will be nice for fcgd

As I'm sure you are aware, traders will need to wait 30 days to buy back in to avoid the wash rule. As a result, the January effect is set in motion. Therefore, this is the best time to buy stocks such as FCGD at a fire sale bargain price.I think we are going to see an amazing January for the OTC, and FCGD.

This Kool-Aid turned out t be just that.

Drug M aster of nothing pumping this last year. Now bashing lol.He doesn't do any research on tickers.

Another round of shaking of the tree by a MM. They again took it down to 6 decimals, to frustrate retail, then picked up the shares that were let go by retail weak hands. Question is who are they collecting shares for? The why is obvious . $$$FCGD

Snoof77

Yikes, up only 19,000%

Since it so sick take your arse to Frank's hospital

Hospital deal is on the Horizon Frank is a master

Yikes, count the 0s after the decimal .000001 That's sick.

Oh stfu now you wanna post scam, next

Yikes, right back to no bid again. SCAM

Stfu & slap the ask sucka

Sad and most likely true.

No real buying of .0002's. They tap to .0002s to lure in .0001 buyers to take the shares they want to liquidate.

on breathing machine. but there is a pulse.

I don't recall them saying the deal collapsed. They may be negotiating a way to eliminate this dept as far as we know. Will see 👀

I don't recall them saying the deal collapsed. They may be negotiating a way to eliminate this dept as far as we know. Will see 👀

company not at work for shareholders $fcgd

I don’t get it

HOW BIG

https://www.stockscores.com/charts/charts/?ticker=FCGD

https://www.stockscores.com/charts/charts/?ticker=FCGD

Yep, that's why the deal collapsed!

Does anyone know what is going on with the lawsuit? FCGD Court order renewing an old judgement creditor for $615K. Plaintiff: Tonaquint, INC.

I told your dumb Azz that when this was at .0004