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Re: flemsnopes post# 286

Wednesday, 09/29/2010 10:55:35 AM

Wednesday, September 29, 2010 10:55:35 AM

Post# of 122536
Item 2.01 Completion of Acquisition or Disposition of Assets.


On September 23, 2010, we completed our previously announced merger (the “Merger”) with Maple Carpenter Creek Holdings, Inc. (“MCCH”). Pursuant to the Merger, our subsidiary merged into MCCH and the shareholders of MCCH received 65,000,000 shares of our common stock and an additional 15,000,000 shares of common stock that will vest on certain milestones.

MCCH has invested approximately $10 million in the acquisition of the following coal interests:

· Carpenter Creek, Montana: an 80% interest in the Carpenter Creek coal prospect near Mellstone, Montana and two leases, the Mattfield and Janich leases on two ranches near Round Up, Montana. - MCCH controls the surface rights covering a resource potential of 345 million tons; and the mineral rights for a resource potential of over 83 million tons of coal.

· Snider Ranch, Montana: an 80% interest in an option to acquire the Snider Ranch real estate and coal prospect adjacent to the Signal Peak Mine, near Roundup, Montana. MCCH controls the surface rights covering a resource potential of over 43 million tons of coal at the Snider Ranch.

· Armadillo Group Holdings Corp: an approximately 72% ownership of Armadillo Mining Corp. ("AMC") in Colombia. AMC has exclusive options to acquire two metallurgical coal mines in the Cundinamarca province of Colombia: (i) Caparrapi is a permitted mine with minimum production and with a resource potential of 11 million metric tonnes; (ii) Yacopi which may have a resource potential of up 40 million metric tonnes.

This info is not to be construed as a solicitation to buy/sell securities. Hdogtx reserves the right to either BUY/SELL shares in a company's stock he mentions.

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