chicagofina...@yahoo.com

ratu:  correct me if I am wrong, but your facts seem out of place in a
discussion of this company.

#1 "Reasonable companies with real business models like American Home
Mortage Investment are going down the toilet because of their
inability to secure financing and margin calls against their debt. So
it does not take much of a visionary to see that GOFH, a pie-in-the-
sky dot-com boom with big expenses two orders of magnitude greater
than their revenue, seems destined for the toilet bowl of bankruptcy."

AHM was not a "reasonable" company.  It was part of a serious fraud
perpetrated against the American home buying public and played fast
and loose with consumer lending rules.  It was a morally bankrupt
enterprise.

Furthermore, it was in the "money lending" business, and as such, its
need to access capital is tantamount to staying in business.  Once you
cut off capital, you are cut off its blood and oxygen.  Shame on the
owners of that company for not being better prepared for this
contingency.  GOFH does not have debt, only the "Notes".  If there are
convenants in the notes that reflect a techncial default please
enlighten me.  Those notes were created in May/June during the
"convenant lite" times.

#2 "The price is so low that GOFH is ripe for a hostile takeover for
mere pennies on the dollar...but
none of the big players WANTS them, which is no surprise considering
GOFH's financials."

Even though GOFH is publicly traded, I believe that there are
sufficient inside holders that own a majority of shares, so a takeout
is not possible without explicit permission from the powers that be.