Really can't see how PMDP doesn't end up as a 10+ bagger from .0002 prices it is at now if company delivers what's discussed in this PR. Just the way they worded things in the PR leads me to believe they already have these deals done and ready to go.
Plateau Mineral Announces New Operations, Business Plan, and Executive Team
Plateau Mineral Development, Inc. (PINKSHEETS: PMDP) announced the adoption of a new business plan and complete replacement of current operations.
In the coming days, a new Board and Executive team will be announced, together with the Plateau Mineral's 2011 Business Plan. All current and unprofitable natural gas operations or opportunities are hereby divested. In their place the company has acquired various precious metal production, shipping, surety, and arbitrage operations. Current consolidated revenues of the combined operations exceed USD$24,000,000, are profitable, and have pro forma 2011 projections based on current executed contracts well in excess of this amount. Formal projections and revenue estimates will be released as part of the Company's regular disclosure.
The Company's new operations consist of the following key components:
- Precious metal international shipping and arbitrage
- Risk surety services for trans-shipping and precious metals exchange and arbitrage
- Acquisition and development of precious metal production properties
- Online international marketplace operations for direct purchase, sale, ownership and storage of smaller quantity precious metals
Shareholders are advised that changes announced are the result of a private change of control and the Company will not be changing its name and the transaction does not involve a reverse split to achieve its plan. No new shares have, or will be, issued as part of this transaction.
The Company will file complete disclosures and financial statements in order to immediately bring the Company to 'current information' reporting status with the OTC Disclosure service. The Company intends to complete its USA-compliant financial audits and register its securities with the US Securities and Exchange Commission.
The Company will issue a series of disclosure press releases describing each operational category, current revenue, and projections for each.
The Company will soon issue a press release disclosing marketing strategies, web sites, and office and contact information for its various operations worldwide.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
CONTACT:
Plateau Mineral Development
Investor Relations
info@plateaumetals.com
AI
