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Wednesday, April 01, 2015 9:27:52 PM
Per Zoloto Annuals:
Convertible Promissory Notes and Loans
At December 31, 2014, the Company also has a loan payable to an unaffiliated, third party, in the form of a convertible promissory note, dated January 1, 2014, in principal amount of $250,000 (U.S.). Said note matures on January 1, 2015 and accrues interest at the rate of 10% per annum. As of December 31, 2014, the note had an outstanding balance, including principal and interest, of $306,714 (Canadian).
A. a description of the issuer’s business operations;
Earlier in the year, the company announced that it had agreed to a 49% interest in a project located in Ecuador. The mill went into production in November, 2014 but further upgrades were required in December 2014 and January 2015. The upgrades have been finished and the plant has gone back into production."
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Bob has set this zoloto gig up for nwgc or new ticker to kick into effect once andes SS maxed..7B now, cant do much more at .0001-.0002. Bob declined, well lied, denying any zoloto relationship in august CC, when in fact zoloto paper purchased $250k 49% zumba mill jv with nwgc. Interesting that both nwgc and zoloto have pumped the zumba mill production operations for a year through multiple pr's, but zoloto financials confirm mill has not generated any 2014 revenues, though news leads one to believe otherwise. The 250k iou now ovef $300k was able to convert to shares starting jan 1,2015.. zoloto float doubled in last year..has unlimited share structure...Andes value to bob diminishing... and he will soon wash his hands from andes shareholders..."govern yourselves accordingly"...
Question: has bob ever disclosed a zumba mill photo to confirm existence?
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