Intertech Solutions, Inc. (ITEC)

[PennyStockTrader2]

My understanding is that the permitting process is very close to finishing. And so as I read the PSNP September 1 release, everything seems to be in line as they attempt to qualify previous releases (with regards to permitting) and provide updated details. The only thing that has not been clear is where PSNP is getting the funding of 5 million to pay for the royalty (as I look at PSNP financials)

That said, PSNP's statements in June and August about permitting are, well, not true, but rather are forward-looking statements which ultimately will come to fruition (as far as getting permitted) but not true at the time the statements were made. Not sure why it was necessary for them to make those claims at those particular times (to lure investors, I don't know). They could have said what they just said yesterday - that the permits were in progress and just leave it at that. Now they need to get themselves cleaned up with the SEC - hopefully they'll be able to do so.

We have already argued on this board with regards to whether there is gold to be mined, and I look forward to proving that out one way or another, but snags like this are unnecessary and should be avoided.