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Re: microcaps1 post# 89195

Sunday, 10/19/2014 9:45:14 PM

Sunday, October 19, 2014 9:45:14 PM

Post# of 91121
From Cotton's deposition if you haven't read it..

Pg 47 Q How much money did you fund?
A Personally, probably somewhere between 600 and $800,000.
Nowhere near the 2 million you claim.

5% would put revenue of that boat at 3.2 million before shipping cost. That's REVENUE not PROFIT. Apparently not enough to support a mining operation.
https://www.scribd.com/doc/207130399/Cotton-Depo

Imo. I also am not a financial adviser nor compensated for my posts.