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Post# of 58266
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Sobek

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Sobek

Re: Gold prospector post# 5811

Thursday, 10/20/2016 12:26:10 PM

Thursday, October 20, 2016 12:26:10 PM

Post# of 58266
If they indeed return the outstanding shares to the treasury, it will be.

Currently according to the 10-Q, there's only $135,000 in liabilities and its due to a related party, its not a toxic loan.

But get this, they have $135,000 cash on hand which means they didn't spend it. Its a wash so no debt which means no reason for this many shares to be outstanding.

Which also supports how they can indeed return these shares with no complications per se.

I'm a non-professional individual investor who may own, not own, buy, or sell stock at any given time in any security ever mentioned in posts. I never accept compensation in any form to post. Always consult an investment professional when investing.

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