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[QUOTE]Originally posted by luckylindy: [QB] VHGI) (BULLETIN BOARD: confirmed that the company continues to evaluate bids for certain of its healthcare assets as part of its strategy to assemble the necessary capital to initiate gold mining production. Additionally, VHGI announced that they intend to change the name of the company as VHGI Gold (a wholly owned operating subsidiary of VHGI) looks to put the Treasure Gulch and Zero Mines into production and accelerate the company's reentry into the Gold Mining Industry "Previously VHGI announced that we had entered into a letter of intent to sell some of our healthcare assets to Wound Management Technologies (WNDM) in exchange for $10,000,000 in cash and stock subject to certain factors including the approval of the Board of Directors and shareholders of VHGI," said James Renfro, President, VHGI. "While this offer is still under consideration, VHGI is also exploring alternative transactions with WNDM and other entities with the goal of maximizing cash for VHGI. VHGI Gold also plans to assist with the construction of the proposed Hard Rock Processing Facility at the Treasure Gulch and Zero Mines that VHGI has under Lease-Purchase Option. Gold mining is part of our corporate heritage and we feel it is our future." [/QB][/QUOTE]
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