posted
Great West Gold, Inc. - Stock Dividend Distribution; Company confirms Distribution of Stock Dividend Certificates
June 07, 2006 09:28:01 (ET)
NEW YORK, Jun 07, 2006 (BUSINESS WIRE) -- Great West Gold, Inc. (GWGO, Trade) confirms that the Company will now be distributing the Stock Dividends in Bouse Mining Holdings plc, Ambassador Gold Holdings plc, Sentinel Resources plc, Golden Eagle Mining Holdings plc and in Copperstone Mining Holdings plc to eligible shareholders of Great West Gold, Inc. The Company remains committed to obtaining a separate quotation for each of these Companies.
The Company will be advising shareholders as to details of the Transfer Agent to each of these Companies in and during next week and will confirm the date of postage of the various Stock Certificates to Great West Gold, Inc. shareholders in and during next week. The Company can confirm that these Stock Certificates will be posted to shareholders by the Transfer Agent in and during this month.
The Company wishes to apologize to its shareholders for the delay in the distribution of these Stock Dividends and is in a position to assure its shareholders that they will be in receipt of the various Stock Certificates by no later than June 30, 2006.
The Company intends to announce further Stock Dividends to its shareholders in and during June of 2006.
About Great West Gold, Inc.
Great West Gold, Inc., a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
SqueezeTrigger Report Press Release - GWGO
SOURCE: Great West Gold, Inc.
Great West Gold, Inc. + 44 207 691-0462 investor*greatwestgold.com Copyright Business Wire 2006
Posts: 711 | Registered: Feb 2006
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GWGO's CPA firm quits! This was gleaned from an 8-K filed on 06/08/2006 I've never seen it posted, so thought I'd better post.
JEWETT, SCHWARTZ & ASSOCIATES Charles E. Jewett, C.P.A CERTIFIED PUBLIC ACCOUNTANTS Director ============================== Michael A. Schwartz, C.P.A Director Lawrence H. Wolfe,C.P.a, C.V.A Director
May 16, 2006
Great West Gold, Inc. 245 Park Avenue, 39th Floor New York, New York 10167
Attention: Mr. Richard Axtell
Effective May 16, 2006, we will cease our services as your accountants. We have reached this decision reluctantly and after substantial deliberation.
Our decision was reached based on our annual evaluation of various factors considered in our client continuation policies and procedures as they relate to your company and risk factors your company presents to our firm. Accordingly, we have determined that the risk levels assessed to the audit of Great West Gold, Inc. exceed the firm's acceptable risk levels. The firm has not been engaged to perform the audit as of and for the year then ended December 31, 2005, but believe based upon repeated requests for information that the firm would not be able to complete an audit in accordance with the standards established by the PCAOB. As required by the SEC we will be providing them with a copy of this letter informing them of the same.
We look forward to helping you make a smooth transition with your new accountants.
Very truly yours,
Jewett, Schwartz & Associates
Lawrence H. Wolfe,
For the firm
2514 HOLLYWOOD BOULEVARD, SUITE 508 o HOLLYWOOD, FLORIDA 33020 o TELEPHONE (954) 922-5885 FAX o (954) 922-5957 MEMBER - AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS o FLORIDA INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS PRIVATE COMPANIES PRACTICE SECTION OF THE AICPA o REGISTERED WITH THE PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD OF THE SEC
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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quote:Originally posted by POOLBOY: This is good so now the co. can get somebody to do things in timley manner.
Yes, but just maybe it was the company's fault and the accountants just got tired of dealing with them. Posts: 147 | From: Houston | Registered: Dec 2005
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quote:Originally posted by POOLBOY: This is good so now the co. can get somebody to do things in timley manner.
Yes, but just maybe it was the company's fault and the accountants just got tired of dealing with them.
That's how it reads to me. The accounts are saying that they're leaving because when they get audited, their books are in such disarray that they wouldn't be able to complete the audit successfully.
RED FLAG
Posts: 142 | From: Detroit, MI | Registered: Feb 2006
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quote:Originally posted by POOLBOY: This is good so now the co. can get somebody to do things in timley manner.
Yes, but just maybe it was the company's fault and the accountants just got tired of dealing with them.
That's how it reads to me. The accounts are saying that they're leaving because when they get audited, their books are in such disarray that they wouldn't be able to complete the audit successfully.
RED FLAG
I agree...this company is a POS and I'd stay far away
Posts: 632 | From: Midwest | Registered: Aug 2005
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posted
I made some good money with GWGO, buying at .0006 & .0007 and selling at .0014 & .0018. I'm out now though and will stay out. The company has a hard time doing what they tell you they are going to do. I'm out of GWGO to stay, but good luck to all that are in, you'll probably need it IMHO.
Posts: 147 | From: Houston | Registered: Dec 2005
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posted
Hate to say it but the accountants letter does look negative. That said, my take is that GWGO has to have money somewhere if they were able to pull off all the recent acquisitions AND make the first round of dividends payments which I did receive.
I'll sit tight for a while.
Posts: 2498 | Registered: Mar 2006
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quote:Originally posted by Chris4205: Great West Gold, Inc. - Stock Dividend Distribution; Company confirms Distribution of Stock Dividend Certificates
June 07, 2006 09:28:01 (ET)
NEW YORK, Jun 07, 2006 (BUSINESS WIRE) -- Great West Gold, Inc. (GWGO, Trade) confirms that the Company will now be distributing the Stock Dividends in Bouse Mining Holdings plc, Ambassador Gold Holdings plc, Sentinel Resources plc, Golden Eagle Mining Holdings plc and in Copperstone Mining Holdings plc to eligible shareholders of Great West Gold, Inc. The Company remains committed to obtaining a separate quotation for each of these Companies.
The Company will be advising shareholders as to details of the Transfer Agent to each of these Companies in and during next week and will confirm the date of postage of the various Stock Certificates to Great West Gold, Inc. shareholders in and during next week. The Company can confirm that these Stock Certificates will be posted to shareholders by the Transfer Agent in and during this month.
The Company wishes to apologize to its shareholders for the delay in the distribution of these Stock Dividends and is in a position to assure its shareholders that they will be in receipt of the various Stock Certificates by no later than June 30, 2006.
The Company intends to announce further Stock Dividends to its shareholders in and during June of 2006.
About Great West Gold, Inc.
Great West Gold, Inc., a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
SqueezeTrigger Report Press Release - GWGO
SOURCE: Great West Gold, Inc.
Great West Gold, Inc. + 44 207 691-0462 investor*greatwestgold.com Copyright Business Wire 2006
In the PR above they say they are going to pay the dividends in the 5 companies listed "no later than June 30, 2006". That was 2 weeks ago, with only about a week left to go. Time will tell but it looks as if this is just more smoke being blown up our skirts. Posts: 147 | From: Houston | Registered: Dec 2005
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I forgot about this but June is almost gone so I'm expecting another PR by Friday.
From the last PR..."The Company intends to announce further Stock Dividends to its shareholders in and during June of 2006."
Posts: 2498 | Registered: Mar 2006
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quote:Originally posted by casviper: I'm still waiting for my first 5 divi's.
Amen to that casviper. According the the PR I posted above, we will be getting them by the end of the week. wink, wink, We can only hope they will do what they say this time.
Posts: 147 | From: Houston | Registered: Dec 2005
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posted
One day down and four to go till the end of the month. What are the odds of them hitting their time frame this time?
Posts: 147 | From: Houston | Registered: Dec 2005
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quote:Originally posted by bugman55: One day down and four to go till the end of the month. What are the odds of them hitting their time frame this time?
Two down, three to go
Posts: 147 | From: Houston | Registered: Dec 2005
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quote:Originally posted by bugman55: One day down and four to go till the end of the month. What are the odds of them hitting their time frame this time?
Two down, three to go
Three down and two to go. They just can't help themselves. Posts: 147 | From: Houston | Registered: Dec 2005
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quote:Originally posted by bugman55: One day down and four to go till the end of the month. What are the odds of them hitting their time frame this time?
Two down, three to go
Three down and two to go. They just can't help themselves.
Well, they're down to their last day. Let's see if they will make honest people out of themselves. Posts: 147 | From: Houston | Registered: Dec 2005
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posted
I e-mailed them as a reminder and even included the previous PR where they stated more info would be out by end of June. Still waiting though.
Posts: 2498 | Registered: Mar 2006
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posted
Well, once again, GWGO has proved that they can't be trusted to do what they say they're going to do, when they say they're going to do it. I don't really expect anything from they any more. And you know what they say....Blessed are they who expect nothing for they shall not be disappointed. Posts: 147 | From: Houston | Registered: Dec 2005
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posted
Now come on ....they still have 4 hours left in June! At least in the Eastern Time Zone.
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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I still haven't gotten a response to my e-mail request from last week but they did list the X-dates as to when you needed to hold shares in order to get new shares. I think that PR date was back on 6/7/06.
Posts: 2498 | Registered: Mar 2006
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posted
Anyone have any info on GWGO? Are they still alive or did they just take the money and run?
Posts: 147 | From: Houston | Registered: Dec 2005
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May GWGO rest in peace. I don't think we will ever get what we were supposed to get. I made some money on them when I sold out a few months ago. I really feel bad for those who bought in during the last run and got stuck holding the bag on this dog. Best of luck to all in your future dealings. Posts: 147 | From: Houston | Registered: Dec 2005
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Just checked the web page and they are updating it again.
FAQ's This page is being updated shortly as we are still in the process of upgrading our web site. We intend to provide a very comprehensive "Frequently Asked Questions" Section on this page with very detailed information to provide our investors with full and accurate information about their company.
Share price seemd to be holding the last few weeks. Currently at .0006. Buy 1 million shares at .0005 for $500.00 and sell it at .0006 for 600.00. Do this every day and make $100.00 (minus commisions) per day while your'e waiting. ?
Posts: 2498 | Registered: Mar 2006
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posted
There is nothing different about their website. It's been the same for months in fact their copyright is still listed as 2005.
Posts: 806 | From: CT | Registered: Dec 2005
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posted
I've done it a couple of times. Just have to have the cash or put up with the free ride crap.
I am still thinking long term on GWGO though or at least untill they get themselves straightened out with the next round of dividends/spinoffs. That and a nice PR or 2 and we can be back to .0010 or more quick.
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We can only hope they will do what they say this time.
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