posted
Debi, Do you think they will file before we are to receive the dividend shares in sept.? I am wondering how long they can or are legally able to not file. Tina
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Excellent post... so a benefit of a high O/S could be to fend off attempts of hostile takeovers...
DeBeer's is known and has been sued for attempts to monopoloize the Diamond Industry...
They value their 55k acres at over $40 Billion dollars, while we control roughly 2 million surrounding acres of land.
High O/S can fend off a hostile takeover. We have a magnetic survey map of all areas in and around our property, including neighbors land as well. Even if Debeer's wanted to they could only control perhaps 25% of CMKX float, since UC would not want to give up his 51+% to DeBeer's, Insiders probably control another 20-25% of the shares....
That means share holders would have what is left, probably 20-25% of the O/S...
SO.... Now lets add any Naked Shorts to this quagmire and I don't know what happens...
We know UC does not want to give up control, so ifa buyout was to happen they'd have to buy out the insiders unrestricted shares as well as any other shareholders?
I suppose this is one scenario...
However they are drilling currently, and I understand it to be almost twentyfour hours a day? If this is the case, I think in two months we will make progress, seeing as we have a computer guide with GPS coordinates to any and all 'anomolies'! This will honestly make things ALOT quicker... No one knows just how detailed these maps are, however I imagine they can be within hundreds of feet... I am thinking even more exact footage.
Even if it is within five hundred feet, that pretty much is giving us a HUGE EIGHT FOOT BULLSEYE, standing two feet away with a dart.
These maps are priceless to CMKX Diamonds. There is not much guess work with them. We have the exact coordiantes for these anomolies...
posted
Hi Tina, They don't have to file before we can recieve the dividend payment. The lawyer Roger Glenn is advising them on what needs to be done and when. I do think they will announce and file when it is in our best interests. Urban is the largest shareholder on record from the previous filing and the Casavant family has 22 members with shares. They want a healthy stock price. We know they could have issued a piece of fluff and the price would hav flown. They didn't. That tells me they are interested in building a company and are holding their cards close to their vest until it is time to reveal their plan. IMO-Debi --------------------------------------------- Byrd- I just posted the official OTC:BB and Pinksheets Profession Report on the other thread. I read it because I was curious about the wierd trades at the end of the day. CMKX was not on the volume leaders list. But it was at the top of the highest number of trades with a negative 57+ million shares traded for the day. There were a ton of buy trades at .0004. I bought some at .0004. I think some covering was going on for sure. That is my opinion anyway. I will post just the top 5 highest since the rest of the post is long. IMO-Debi
posted
Glass, I responded to your post of 17:15 above on that other thread. And yes, I did buy at .0001. A friend was able to do me a favor. And you can bet I will sell again if it reaches .0005. These fools think the only way to buy stock is to trade it over the internet and have it show up as regular trades do, and I am not about to give them the opportunity to learn otherwise.
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I just told you what? Double talker? Would you try to make sense? I have told you nothing that I have not said or suggested before. I have also avoided responding to you so why are you always trying to demean me?
quote:Originally posted by Wallace#1: Re byrdturd's post above:
Anyone remember how calm it was when Debi was on vacation and noahltl was at the fair?
Man, I was going along reading some interesting stuff by others and then this post pops up. Why? You intentionally tried to stirr others on this board. Why? Nobody wants to read any of your ugly comments as well as the other people posting their ugly responses. I'm sure rational people here don't want to read this one, either. All of your guys / girls bickering, please take it to email. PLEASE. If you don't, it only shows you want to disrupt this board.
posted
I admit workaholic I may not be the nicest poster however I have only 'attacked' one person here, and that is Wallace... and we all know why that is.
Alot of people are starting to see the real Wallace comming out into the open, and he has done so even more this past week...
If you go back to all of our posts, HE, is the at the root of all of them.
I never had to attack anyone until Wallace came here , weeks after weeks bashing our stock and calling it a scam, saying he was trying to PROTECT new investors, then says he bought in at .0001 yesterday and is willing to make a swing trade on a stock he calls a scam, inturn scaming other new investors, who he once tried to help by discouraging to buy the stock, now he bought it and wants to flip it at .0005 to make a profit...
YET IT IS A SCAM?
WALLACE IS A SCAM
Re-read what I wrote in the above paragraph...
HE STATED HE WANTED TO SAVE INVESTORS AND NOW IS 'SCAMING' THEM, USING HIS OWN LOGIC FROM HIS PAST POSTS...
That doesn't set red flags off for anyone else? I know it has to, please say something if after reading what I wrote strikes a chord with you...
quote:Originally posted by byrdturd: I admit workaholic I may not be the nicest poster however I have only 'attacked' one person here, and that is Wallace... and we all know why that is.
Alot of people are starting to see the real Wallace comming out into the open, and he has done so even more this past week...
If you go back to all of our posts, HE, is the at the root of all of them.
I never had to attack anyone until Wallace came here , weeks after weeks bashing our stock and calling it a scam, saying he was trying to PROTECT new investors, then says he bought in at .0001 yesterday and is willing to make a swing trade on a stock he calls a scam, inturn scaming other new investors, who he once tried to help by discouraging to buy the stock, now he bought it and wants to flip it at .0005 to make a profit...
YET IT IS A SCAM?
WALLACE IS A SCAM
Re-read what I wrote in the above paragraph...
HE STATED HE WANTED TO SAVE INVESTORS AND NOW IS 'SCAMING' THEM, USING HIS OWN LOGIC FROM HIS PAST POSTS...
That doesn't set red flags off for anyone else? I know it has to, please say something if after reading what I wrote strikes a chord with you...
-John-
I find that people who post venom want responses. I will not get into a spitting war with Wallace or anyone else. I can't spit that far. Fight with knowledge, facts, challenges. Repost them when they don't respond. Fighting back with attacks and spiteful remarks fuels the beast. There are some here who gang up on others to humiliate and dog them into leaving, or at least not posting. You can't win a war when there's no war. If Wallce got shares for .0001, then good for him. I'll take a few hundred million. If that's a fact, he should be pumping the hell out of this thing because we know he won't be holding long. If he's not pumping, he doesn't have the shares he says he has. I've been around since 2001, reading, watching, studying. This stock is ready to fly. There will be some that are shocked at what may happen. I say may, because it's only speculation and assumptions and theory. This insane fighting will not sway my thoughts or path. I'm long and strong.
quote:Originally posted by DiQuiRiesco: Who is DQR.... Wallace? Sadly yet predictably your deduction skills have gone unchanged.
HA HA HA,You two are so much alike it cracks me up. Give me some credit though it was at least 10:1 odds or more you wasn't the same person. HA HA HA,I'm still not convinced, post something at the same time.LOL
We are pissing merely to see who can shoot there stream further, using factors such as hieght, speed, gravity and of course size, (it DOES matter guys )
posted
OK Everyone, something besides bashing for awhile. If you are interested in CMKX / UCAD, you need to be aware of some new developments. Note: Two companies are claiming the same development. Time for some DD searches.
LAS VEGAS, Aug 13, 2004 (BUSINESS WIRE) -- Ramoil Management Ltd. (PINK SHEETS:RAMO) has acquired a 51% interest in New Concept Mining, Inc., a Nevada corporation, it was announced here today. New Concept Mining owns a 400-acre parcel of land comprising a defunct industrial-metals mine in the Tempiute District of Lincoln County, Nevada. At the same time, Ramoil announced the completion of a corporate reorganization, and the appointment of a new CEO to lead the company's future growth.
Among the infrastructure comprising the property acquired with New Concept are 88,400 square feet of industrial and office buildings, certain riparian rights to more than 515.6 acre-feet of water annually drawn from two wells, and an electric power sub-station with a long-term low-cost power supply contract. The entire property, which is subject to a first mortgage with a balance of approximately $1.4 million, has been appraised by Standard & Poor's to have a current market value of $17,890,000.
The mine has a large position of Tungsten that is thought to appraise at $ 225 million at current market prices in addition to other minerals and water rights that have not yet been fully valued.
Among the features of the just-completed corporate reorganization is a 1-for-1,000 reverse split of the Company's common stock, effective Monday, August 16, 2004.
The new CEO of Ramoil, Mr. Stephen D. Cummins, has many years of leadership experience with high-growth companies, including having served as Director of New Business Development at Lear-Siegler, now known as Lear Corporation (NYSE: LEA), a global manufacturing conglomerate with annual sales of $15.7 billion. Mr. Cummins' years of experience in mining, excavation and the processing and destruction of hazardous medical waste will be especially valuable in several of the new business directions that Ramoil intends to pursue.
Asked to comment on the significance of Ramoil's acquisition, Mr. Cummins said, "The infrastructure that Ramoil has acquired as part of its acquisition of a controlling interest in New Concept Mining, Inc. provides terrific platform for Ramoil's new areas of growth. With 400 acres of land remote from any concentrated population and over 88,000 square feet of industrial and office space, together with our own long-term, low-cost sources of both water and electricity, we have the resources and facilities to conduct many kinds of processing without running afoul of any zoning or environmental prohibitions. Future announcements will report the many ways in which we plan to put these facilities to work."
NOTE: Safe Harbor Statement
.....then the UCAD PR.
U.S. Canadian Minerals Prepares for Exercise of Rachael Option as Foreclosure Sale Clears Way
LAS VEGAS, Aug 20, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced that the foreclosure sale on the property in Lincoln County, Nev., upon which it holds an option to purchase, was completed today securing the property for Nevada Minerals Inc. UCAD was previously granted an option to purchase this property from Nevada Minerals Inc. for $2,000,000 This transaction clears the way for UCAD to consider the exercise of such option and the launching of operations on the property. UCAD is currently negotiating a land use agreement for access and use prior to exercising the option. Among the infrastructure comprising the property are 88,400 square feet of industrial and office buildings, certain riparian rights to more than 515.6 acre-feet of water annually drawn from two wells, and an electric power sub-station with a long-term, low-cost power supply contract.
Further details relative to this project will be forthcoming in future press releases and at http://www.uscanadian.com/.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
SOURCE: U.S. Canadian Minerals Inc.
CONTACT: U.S. Canadian Minerals Inc. Chris Hanneman, 303-220-8476
RAMO>Oretech>UCAD>CMKX??? « Thread started on: Today at 11:37am »
-------------------------------------------------------------------------------- This is really interesting and strange as well,
Ramoil (RAMO) just hired a new ceo named Stephen D. Cummins: The new CEO of Ramoil, Mr. Stephen D. Cummins, has many years of leadership experience with high-growth companies, including having served as Director of New Business Development at Lear-Siegler, now known as Lear Corporation LEA, a global manufacturing conglomerate with annual sales of $15.7 billion. http://news.moneycentral.msn.com/ticker/article.asp?Symbol=US:RAMO&Feed=BW&Date=20040813&ID=3910368
I opened msn search on my web-brouser and typed in Stephen D. Cummins. The first name that popped up was Stephen Cummins and I clicked on it and it took me to what looked like a slightly defunct webpage belonging to a company named Oretech(ORTE) http://www.oretech.net/steve.htm http://www.oretech.net/mining-stock-news.htm
Question: Is this the technology what they will be using in nevada?
ucad's subsidiaries: cod mining, el capitan, nevada minerals.
What if they used this method on the yellow river gold mine in south america? It might well double its output!
I am actually getting goosebumps as I write this!
This is total specolation here, but I am sure that I read a pr about a new technology that would be used, by I beleive was, nevada minerals or one of our companies.
Imagine- the ore has already been mined and the leavings are piled up on the ground. the expense and hard work have already been done.
You take a bulldozer and scoop it into a machine that extracts up to 80 or 90% of the gold, silver, ETC,... and out comes nice new crisp U.S. and Canadian dollars for all of us!
Now I havn't dug deep enough to find a conection between Oretech and ucad or one of our other companies, but... wouldn't it be nice if there was!
pure speculation about Mr. Cummins:
He pushed for a deal with debeers and the rest of the board outvoted him and went with ucad? Maybe ucad has the expertise they need as well as the mineral rights?
Who knows, but these sure are some good pipe dreams huh? Maybe someone here can do some more digging, I may have run out leads.
posted
DiamondWon UCAD & Ramoil..Plot thickens... « Thread started on: Aug 21st, 2004, 5:07pm »
-------------------------------------------------------------------------------- Snowden Consulting represent New Concept Mining which was just purchased by Ramoil who apparently just bought controlling interest in New Concept which allegedy owns the same piece of property that UCAD just PR'd that they just purchased. Secondly, they also represent DeBeers.
Inquistitive minds have to wonder how two different companies just purchased the same piece of property?
For those of you who say it can't be done, please get out of the way for those who say it Can!!
Posts: 96 Re: UCAD & Ramoil..Plot thickens... « Reply #1 on: Aug 21st, 2004, 5:09pm »
-------------------------------------------------------------------------------- Look at who Snowden Mining Consultants represent! This is starting to get a little intriguing!
Snowden Mining Consultants
Snowden provides a minerals industry consultancy. Services offered by the group include bankable feasibility studies, techno-economic evaluation, geology and orebody modelling, resource reserve estimation and grade control, mine seismology, mining engineering, open-pit/underground mine layout and process/ systems management. The Company also has a geotechnical capability.
General Information Organisation Type: Company Registered in: South Africa Registration No.: 1998/023556/07
Business Sector(s): Mining Mining Industry Consultants Professional Services Consulting
Related Organisations
has client: African Explosives Limited, South Africa has client: African Rainbow Minerals - Sandton, South Africa has client: Afrinet Manufacturers Pty, South Africa has client: Alexkor Limited - Alexander Bay, South Africa has client: Allied Electronics Corporation Ltd - Parktown, South Africa has client: Amplats Development Center, South Africa has client: Amplats Management Services (Proprietary) Limited, South Africa has client: Anglo American Platinum Corporation Ltd - Johannesburg, South Africa has client: Anglo Coal - Johannesburg, South Africa has client: Anglo Operations Ltd - Marshalltown, South Africa has client: Anglo Technical Division - Marshalltown, South Africa has client: AngloGold Ashanti Ltd - Johannesburg, South Africa has client: Aquarius Platinum Ltd - South Perth, Western Australia, Australia has client: Aquarius Platinum SA - Sunninghill, South Africa has client: Arctic Platinum Partnership, Finland has client: Armcotech Construction Products - Midrand, South Africa has client: Ashanti Goldfields Co Ltd - Accra, Ghana has client: Avgold Ltd - Johannesburg, South Africa has client: Bamangwato Concessions Limited - Selebi-Phikwe, Botswana has client: Barplats Investments Ltd - Houghton, South Africa has client: Beatrix Gold Mining Company Ltd - Welkom, South Africa has client: Bestobell Mine Supports (Pty) Ltd - Kabokweni, South Africa has client: Billiton Plc - London, England has client: Bindura Nickel Corporation Ltd - Harare, Zimbabwe has client: BKS (Pty) Ltd - Durban, South Africa has client: Black Mountain - Aggeneys, South Africa has client: Bulk Mining Explosives (Pty) Ltd - Bryanston, South Africa has client: Business Management Systems (WA) Pty Ltd, South Africa has client: Cameron Mining CC, South Africa has client: Chibuluma Mines Plc Zambia - Kalulushi, Zambia has client: Chrome International South Africa (Pty), South Africa has client: Colliery Dust Control Services (Pty) Ltd - Springs, South Africa has client: Concor Ltd - Johannesburg, South Africa has client: Concrete Lining Products (Pty) Ltd - Carletonville, South Africa has client: CSIR Miningtek - Auckland Park, South Africa has client: CSIR Transportek, South Africa
has client: De Beers Investments - Southdale, South Africa
has client: Debswana Diamond Company (Pty) Limited - Gaborone, Botswana has client: DebTech - Johannesburg, South Africa has client: Delft University of Technology - Delft, Netherlands has client: Digby Wells and Associates - Randburg, South Africa has client: Drill Bush Engineering Cc - Edenvale, South Africa has client: Duiker Mining Ltd - Parktown, South Africa has client: Durban Roodepoort Deep Ltd - Johannesburg, South Africa has client: Enderbrooke Investments Ltd - Boksburg, South Africa has client: Endulwini Resources (Pty) Ltd, South Africa has client: Eskom - Sandton, South Africa has client: Euro Sales Manufacture, South Africa has client: Evander Gold Mines Ltd - Johannesburg, South Africa has client: Ferro Fibres - Krugersdorp, South Africa has client: Finsch Diamond Mine - Lime Acres, South Africa has client: Foskor Ltd - Phalaborwa, South Africa has client: Fosroc (Pty) Ltd - Alrode, South Africa has client: Fountain Civil Engineering (Pty) Ltd - Durban, South Africa has client: Gemar Mining Components, South Africa has client: Glisa Colliery - Belfast, South Africa has client: Gold Fields Limited - Johannesburg, South Africa has client: Grinaker Duraset - Westonaria, South Africa has client: Grootegeluk Coal Mine - Ellisras, South Africa has client: Groundwork Consulting (Pty) Ltd - Johannesburg, South Africa has client: Harmony Gold Mining Company Ltd - Melrose North, South Africa has client: Heraklith South Africa, South Africa has client: Impala Platinum Holdings Ltd - Houghton, South Arica has client: Ingwe Coal Corporation Ltd - Johannesburg, South Africa has client: Inher SA (Pty) Ltd - Edenvale, South Africa has client: Institut fuer Bergbau, Germany
For those of you who say it can't be done, please get out of the way for those who say it Can!!
Posts: 96 Re: UCAD & Ramoil..Plot thickens... « Reply #2 on: Aug 21st, 2004, 5:10pm »
-------------------------------------------------------------------------------- has client: Ispat Iscor Ltd - Pretoria West, South Africa has client: Jan Woller Mining Timber Bk. - Krugersdorp, South Africa has client: JSE Securities Exchange South Africa - Sandown, South Africa has client: Kalahari Goldridge Mining Company Ltd - Sandown, South Africa has client: Kimberley Mine - Kimberley, South Africa has client: Kingtel Granite - Belfast, South Africa has client: Kleinkopje Colliery - Witbank, South Africa has client: Kloof Division - Westonaria, South Africa has client: Koornfontein Colliery - Blinkpan, South Africa has client: Kroondal Platinum Mines Ltd - Pretoria, South Africa has client: Lebowa Platinum Mines Ltd - Atok, South Africa has client: Lonmin Plc - Bryanston East, Johannesburg, South has client: MAC Consulting (Pty) Ltd - Rosebank, South Africa has client: Maluti Resources, South Africa has client: Man-Dirk Mining and Engineering Supplies, South Africa has client: Matjhabeng Gold Mine - Welkom, South Africa has client: Meshrite (Pty) Ltd - Randfontein, South Africa has client: Metorex Ltd - Johannesburg, South Africa has client: Micofin Resources (Pty) Ltd - Houton, South Africa has client: Middelburg Mine Services (Pty) Ltd - Middelburg, South Africa has client: Mine Mechanisation and Equipment Cc - Carletonville, South Africa has client: Mine Support Products - Vereeniging, South Africa has client: Mineralco, South Africa has client: Mondi Mining Supplies, South Africa has client: N&M Mining Supplies, South Africa has client: New Concept Mining - Alrode, South Africa has client: New Diamond Corporation, South Africa has client: New Hope Mining, South Africa has client: Nkomati Mine - Machadodorp, South Africa has client: Northam Platinum Ltd - Johannesburg, South Africa has client: Oldenburg Stamler (Pty) Ltd - Germiston, South Africa has client: Open House Management Solutions, South Africa has client: Optimum Colliery - Pullenshope, South Africa has client: Palabora Mining Company Ltd - Phalaborwa, South Africa has client: Potgietersrust Platinums Ltd - Johannesburg, South Africa has client: Power Support Specialist (Pty), South Africa has client: Powerfill - Carletonville, South Africa has client: Pretoria Portland Cement Company Ltd - Sandton, South Africa has client: Protekon Design Services - Johannesburg, South Africa has client: Qualitec Engineering Cc - Johannesburg, South Africa has client: Randfontein Estates Limited - Johannesburg, South Africa has client: Ridge Mining (South Africa) (Pty) Ltd - Barberton, Mpumalanga, South Africa has client: Rocbolt Products (Pty) Ltd - Kempton Park, South Africa has client: Rockeng Cc, South Africa has client: Rons Hydraulics, South Africa has client: Rossing Uranium Ltd - Windhoek, Namibia has client: Rustenburg Platinum Mines Limited, South Africa has client: Sappi Ltd - Johannesburg, South Africa has client: Savuka Gold Mine - Western Levels, South Africa has client: Seabourne Investments (Pty) Ltd, South Africa has client: Semane Consulting Engineers (Pty) Ltd - Marshalltown, Johannesburg, South Africa has client: SGP Cc, South Africa has client: Sishen Iron Ore Company (Pty) Ltd - Kathu, South Africa has client: Spero Group - Centurion, South Africa has client: SRK Consulting - Illovo, Johannesburg, South Africa has client: SRMC, South Africa has client: Standard Bank London Limited - London, England has client: Steeledale Mining Division - Witbank, South Africa has client: Strocam Mining Supplies (Pty) Ltd, South Africa has client: Structured Geotechnical Processing, South Africa has client: Success Africa Holdings Ltd, South Africa has client: Summit Associated Industries - Pretoria, South Africa has client: Super Support Bags (Pty) Ltd, South Africa has client: Tati Nickel Mining Company (Pty) Ltd - Francistown, Botswana has client: Technikon Withingyersrand - Doornfontein, South Africa has client: Thabazimbi Iron Ore Mine - Thabazimbi, South Africa has client: The Mineral Corporation - Cramerview, South Africa has client: The Oaks Diamond Mine - Swarthingyer, South Africa has client: Timrite (Pty) Ltd, South Africa has client: Tiomin Resources Inc - Toronto, Ontario, Canada has client: Tiomin Resources Inc (Kenya) - Diani, Ukunda, Kenya has client: Total Coal Holdings SA (Pty) Ltd - Braamfontein, South Africa has client: Triple O Import and Export, South Africa has client: Tweefontein United Collieries Ltd - Coalville, South Africa has client: Umgeni Water - Pietermaritzburg, South Africa has client: Union Section - RPM - Swartklip, South Africa has client: Unique Engineering - Boksburg, South Africa has client: University of Minnesota, South Africa has client: Venetia Diamond Mines (Pty) Ltd - Messina, South Africa has client: Videx Mining Products - Johannesburg, South Africa has client: Wagriman Cc - Pretoria, South Africa has client: Welprop Mining Services (Pty) Ltd, South Africa has client: Western Deep Levels Ltd - Johannesburg, South Africa has client: Windsorton Diamonds, South Africa has client: Zimbabwe Mining & Smelting Co. (Pvt) Ltd - Harare, Zimbabwe has shareholder: Snowden Mining Consultants - West Perth, WA, Australia
In March 2004, the entered into an option to purchase agreement with Nevada Minerals, Inc. to potentially purchase property located in Lincoln County, Nevada for a purchase price of $2,000,000. This property contains a mining and milling operation and was formerly operated by Union Carbide Company. Union Carbide vacated the land on or about 1989. The milling and mining operation there continued under the direction of New Concept Energy, Inc.-the present owner. The Company paid a $10.00 consideration for this option to purchase agreement. The consummation of the Company's purchase of this property is contingent upon Nevada Minerals successfully completing foreclosure on the property against New Concept Energy. Should the amount in arrears on the property be paid prior to foreclosure, or if other unspecified legal barriers exist, then the option will be null and void.
The Company intends, should it acquire the property after foreclosure, to operate a milling and smelting operation to process raw ore into gold and silver. The Company intends to operate as an independent contractor that will supply these milling and smelting services to third parties who possess ore and need milling and smelting services. The ability of the Company to proceed with this venture is contingent upon the foreclosure of the property, and there is a substantial risk that this foreclosure will either be dismissed due to satisfaction of the amount of money in arrears or other unforeseen legal barrier. Another significant risk is the need for funds to implement this purchase agreement and operate the mining and milling services. Presently, the Company does not have sufficient funds to execute this plan, and without successful debt and equity financing-both of which are uncertain-the ability of the Company to execute this business is in significant doubt.
In March 2004, the Company issued 5,800,000 shares of preferred stock for a total cash consideration of $116,000 through a private placement memorandum ("PPM"). The PPM allows the Company to sell a maximum of 10,000,000 shares of preferred stock at $0.02 per share~ http://biz.yahoo.com/e/040419/ucad.ob10ksb.html
[This message has been edited by noahltl (edited August 22, 2004).]
posted
In March 2004, the Company issued 5,800,000 shares of preferred stock for a total cash consideration of $116,000 through a private placement memorandum ("PPM"). The PPM allows the Company to sell a maximum of 10,000,000 shares of preferred stock at $0.02 per share~
this should make thing REAL interesting.... that's 10million shares --what's the exersize rate on them???
[This message has been edited by glassman (edited August 22, 2004).]
posted
The ability of the Company to proceed with this venture is contingent upon the foreclosure of the property, and there is a substantial risk that this foreclosure will either be dismissed due to satisfaction of the amount of money in arrears or other unforeseen legal barrier. Another significant risk is the need for funds to implement this purchase agreement and operate the mining and milling services. Presently, the Company does not have sufficient funds to execute this plan, and without successful debt and equity financing-both of which are uncertain-the ability of the Company to execute this business is in significant doubt.
This may be why we saw the British deal go through earlier this week.
you have been on here for 16 hours of the past 24... Just buy yourself some share slaready....
not!!!! i am deciding whether i want to become a tycoon and open my own printing presses.... this is the best classroom for that i have ever seen.... don't worry, i am doing other stuff too..i have several monitors to work with...gotta love these Ge Force video cards...LOL
Oretech Inc. (OTCBB:TVYG and, effective April 24, OTCBBRTE) announced today they have signed an LOI (Letter of Intent) with Juina Mining Corp. (OTCPK:GEMM) to begin an acquisition process by Oretech Inc. As part of the proposed transaction, the acquisition will be effected through a fully reporting 12G Nevada corporation of Oretech's, which will allow Juina Mining to become a wholly owned subsidiary.
Steve Cummins, CEO of Oretech Inc., commented, "The objective of this acquisition is to ultimately position the public company so that it can meet the listing requirements of a higher exchange. We feel the primary benefit of this relationship, when closed and becomes effective, would be the ability to capitalize on the diligent effort that Juina has initiated in Brazil and maximizing the development opportunities there. If this transaction is consummated, we will have a strong team of mining and business professionals on board, a proven reserve base, and we will focus our efforts and all of our available resources on creating a solid revenue base, a consistently profitable bottom line and maintaining shareholder value."
James McFadden, CEO of Juina Mining Corp., commented, "We are pleased to have this opportunity, as we move into the next phase of our growth, and to soon be able to avail ourselves of Oretech's distinguished board and management team. Their team of mining and business professionals are what we've been actively looking for since day one, and we are extremely excited that Oretech will be providing us their expertise and strong market ties within the mining industry."
The formal closing for the acquisition is set for April 25, 2003. Further details will be forthcoming when available.
posted
Sugarpaw Let me see.....can these dots be connected??? « Thread started on: Today at 02:55am »
-------------------------------------------------------------------------------- I will cut n' paste from these links versus posting the whole PR's but you can click the links and verify the info.
Rendall Williams was the former CEO of Barrington Foods now UCAD, this we know. Who was the investor relations person for Barrington Foods? Princeton Research and Mike King. Do a google search to verify. Who is the investor relations person for RAMO? Hmmmm....Princeton Research and Mike King.
What do Mike King (is this the same Michael King) and G.W. Walters have in common? Do a corporate search on BBX Equity Group http://sos.state.nv.us/begin.asp
Now we know that BBX has worked with Barrington Foods before, ie. Rendal Williams. Is it any co-incidence that Mike King, G.W. Walters and Rendal Williams are all currently associated with the same piece of property? Can these dots be connected? Any thoughts? Sugarpaw
posted
"Chairman Casavant is also proud to announce the appointment of world renowned economist, Mr. Mike King to the Executive Board. Mike King has written many analyst reports on several different mining companies in Canada, more specifically diamond mining companies, including the famous Mountain Province Mining Company. He is currently in the process of constructing a business plan for our core business, created as a result of all the drilling and excavation to be done." http://www.findarticles.com/p/articles/mi_m0EIN/is_2002_Nov_27/ai_94659909
good dd sugarpaw, i didnt know he was also involved in those companies
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