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Nope. It's a lost cause. Always has been, sadly.
NMCX - Alive !? 6/5/18. Shows activity.... hmmm
True... with this company it has required a Ton of Patience!!
That would be awesome. These shares have been upside down for a while!
I have a large number of Mining Stocks.... It's looking Very Solid for Commodities to accelerate UP from here... imo.
That is nice to see. Thanks Andrew!
That would be awesome!
look for good news some time this year 2018
PLEASE GET OVER TO ICBU AND EXMT !!!!
iMD Companies, Inc. In Negotiation to Acquire Valuable Gold and Precious Metal Lodge and Placer Mining Claims in Nevada
3/15/18, 8:00 AM
PLACERVILLE, CA, March 15, 2018 /PRNewswire/ - iMD Companies, Inc. (OTC: ICBU) Board of Directors announced today that the company is in negotiations to acquire valuable mining claims, which have gold and precious metal findings that can be extracted and mined. The company is looking at several targets to acquire that fit within the business space of the company's operations. It is estimated that these claims have recoverable Gold and Precious Metal assets in the amount of 500 million to 1 billion dollars. The company is currently doing its due diligence on the claims to make sure everything is in order. Once claims are acquired the company will have a 43-101 report prepared on the claims. This will give the company and its shareholders an accurate report on the mineral resources and the economic value of the claims.
The mining claims have the precious metal family of Gold, Silver, Platinum, Palladium and Rhodium as well as other metals. The company believes that the current mining operations that it already owns as well as others that it will be closing on soon have the expertise to mine the claims and extract the precious metals. The company will complete a definitive agreement after due diligence process and will announce further developments as they are completed.
About iMD Companies, Inc. www.imdcompaniesinc.com
IMD Companies, Inc., (ICBU) is a Florida corporation, engaged in the manufacturing, extraction and distribution in mining and asset accumulation of revenue producing companies. The company is positioned to be a holding company for acquisitions in the mining industries. The company and the principals of the management team have extensive backgrounds in finance, manufacturing, marketing and distribution. ICBU's goal is to create and increase shareholder value by tactically growing our business while strategically seeking to acquire new business and create other business alliances, which generate increased revenues and earnings.
Safe Harbor Statement:
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements.
Cision View original content:http://www.prnewswire.com/news-releases/imd-companies-inc-in-negotiation-to-acquire-valuable-gold-and-precious-metal-lodge-and-placer-mining-claims-in-nevada-300614535.html
SOURCE IMD Companies, Inc.
mike shepard ceo of nmcx good man not a scam
NMCX = VERIFIABLE SCAM!!! STAY AWAY FROM THESE SCAMMERS!!!!!
my goodness
It never ends, does it?
my goodness.
ANYONE WHO IS CONTACTED BY ANYONE BY ANY MEANS,
BE IT IN PERSON, PHONE, EMAIL, TEXT, CHAT THREAD, ETC., THAT RELATES
TO BUY INTO NMCX, SKULL VALLEY, MIKE SHEPPARD OR ANYONE AT ANY CAPACITY
SHOULD IMMEDIATELY CONTACT
WWW.WHISTLEBLOWERS.ORG
WITHOUT HESITATION!!!!!!!!!!
THIS IS A 100% VERIFIED TOTAL SCAM!!!!!!
PRIVATE MESSAGE ME WITH ANY CONCERNS!!!!!!
DO YOUR DD!!!!!!!!!!!!!!!!!!!!!!!!
NMCX = SCAM !
Affinity Fraud: How to Avoid Investment Scams That Target Group
Oct. 9, 2013
(also available in Spanish and Creole)
What is an Affinity Fraud?
Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic communities, the elderly, or professional groups. The fraudsters who promote affinity scams frequently are - or pretend to be - members of the group. They often enlist respected community or religious leaders from within the group to spread the word about the scheme by convincing those people that a fraudulent investment is legitimate and worthwhile. Many times, those leaders become unwitting victims of the fraudster's ruse.
These scams exploit the trust and friendship that exist in groups of people who have something in common. Because of the tight-knit structure of many groups, it can be difficult for regulators or law enforcement officials to detect an affinity scam. Victims often fail to notify authorities or pursue their legal remedies and instead try to work things out within the group. This is particularly true where the fraudsters have used respected community or religious leaders to convince others to join the investment.
Many affinity scams involve "Ponzi" or pyramid schemes, where new investor money is used to make payments to earlier investors to give the false illusion that the investment is successful. This ploy is used to trick new investors to invest in the scheme and to lull existing investors into believing their investments are safe and secure. In reality, the fraudster almost always steals investor money for personal use. Both types of schemes depend on an unending supply of new investors - when the inevitable occurs, and the supply of investors dries up, the whole scheme collapses and investors discover that most or all of their money is gone.
How To Avoid Affinity Fraud
Investing always involves some degree of risk. You can minimize your risk of investing unwisely by asking questions and getting the facts about any investment before you buy. To avoid affinity and other scams, you should:
Check out everything - no matter how trustworthy the person seems who brings the investment opportunity to your attention. Never make an investment based solely on the recommendation of a member of an organization or religious or ethnic group to which you belong. Investigate the investment thoroughly and check the truth of every statement you are told about the investment. Be aware that the person telling you about the investment may have been fooled into believing that the investment is legitimate when it is not.
Do not fall for investments that promise spectacular profits or "guaranteed" returns. If an investment seems too good to be true, then it probably is. Similarly, be extremely leery of any investment that is said to have no risks; very few investments are risk-free. The greater the potential return from an investment, the greater your risk of losing money. Promises of fast and high profits, with little or no risk, are classic warning signs of fraud.
Be skeptical of any investment opportunity that is not in writing. Fraudsters often avoid putting things in writing, but legitimate investments are usually in writing. Avoid an investment if you are told they do "not have the time to reduce to writing" the particulars about the investment. You should also be suspicious if you are told to keep the investment opportunity confidential.
Don't be pressured or rushed into buying an investment before you have a chance to think about - or investigate - the "opportunity." Just because someone you know made money, or claims to have made money, doesn't mean you will, too. Be especially skeptical of investments that are pitched as "once-in-a-lifetime" opportunities, particularly when the promoter bases the recommendation on "inside" or confidential information.
Fraudsters are increasingly using the Internet to target particular groups through e-mail spams. If you receive an unsolicited e-mail from someone you don't know, containing a "can't miss" investment, your best move is to pass up the "opportunity" and forward the spam to the SEC at enforcement@sec.gov .
Recent Affinity Fraud Schemes
Affinity frauds can target any group of people who take pride in their shared characteristics, whether they are religious, ethnic, or professional. Senior citizens also are not immune from such schemes. The SEC has investigated and taken quick action against affinity frauds targeting a wide spectrum of groups. Some of our cases include the following:
SEC Obtains Asset Freeze and Other Relief in $4 Million Offering Fraud
The SEC obtained a temporary restraining order and an emergency asset freeze in a $4 million offering fraud and Ponzi scheme orchestrated by a financial planner which targeted members of his church, family members, and friends.
SEC Halts Ex-Marine's Hedge Fund Fraud Targeting Fellow Military
The SEC obtained an emergency court order to halt a hedge fund investment scheme by a former Marine living in the Chicago area who was masquerading as a successful trader to defraud fellow veterans, current military, and other investors.
SEC Sues to Halt Houston-Area Investment Scheme Targeting Lebanese and Druze Communities
The SEC charged a day trader in Texas with defrauding investors in his supposed high-frequency trading program and providing them falsified brokerage records that drastically overstated assets and hid his massive trading losses. The scheme targeted fellow members of the Houston-area Lebanese and Druze communities, raising more than $6 million over a five-year period from at least 33 investors.
SEC Charges Ponzi Scheme Promoter Targeting Primarily African-American Churchgoers
Ponzi scheme promoter sold promissory notes bearing purported annual interest rates of 12% to 20%, telling primarily African-American investors that the funds would be used to purchase and support small businesses such as a laundry, juice bar, or gas station. Promoter also sold "sweepstakes machines" that he claimed would generate investor returns of as much as 300% or more in the first year.
SEC Charges Company and its Owners with Conducting an Offering Fraud Targeting Christian Investors
Ponzi scheme promoters raised almost $6 million from nearly 80 evangelical Christian investors through fraudulent, unregistered offerings of stock and short-term, high-yield promissory notes issued by their company, which was marketed as a voice-over-internet-protocol video services provider around the world.
SEC Shuts Down Ponzi Scheme Targeting Persian-Jewish Community in Los Angeles
The SEC obtained an emergency court order to halt an ongoing $7.5 million Ponzi scheme that targeted members of the Persian-Jewish community in Los Angeles. The SEC's complaint alleged that the promoter, himself a member of the Persian-Jewish Los Angeles community, raised funds from 11 investors and used nearly $1.6 million investor funds to buy jewelry, high-end cars, and VIP tickets to sporting events. He lured investors with promises of exorbitant returns in purported pre-IPO shares of well-known companies.
SEC Halts Affinity Fraud Aimed at the Hispanic community
Defendants raised $817,500 from investors representing to them that their funds would be used to develop a financial services firm serving the Hispanic community. The promoter used a large part of the investors' money to engage unsuccessfully in high risk "day-trading" of stocks, pay personal living, travel and entertainment expenses or make other, unexplained expenditures with no connection to the purported start-up business activities.
SEC Charges Real Estate Developer in Miami Affinity Fraud
Miami-based developer conducted an affinity fraud and Ponzi scheme involving real estate investments that raised $135 million from more than 400 investors, primarily from the South Florida Cuban exile community. Among other things, the developer paid existing investors with new investors' funds and assigned the same real estate collateral to multiple investors.
SEC Charges South Florida Man in Investment Fraud Scheme
Fraudster raised nearly $11 million claiming returns as high as 26%. He typically met and pitched prospective investors over meals at expensive restaurants in and around Fort Lauderdale. His clients typically came to him through word-of-mouth referrals among friends and relatives. A significant number of the victims of his scheme were members of the gay community in Wilton Manors, Florida.
SEC Halts Online Affinity Fraud
Fraudster raised at least $2.4 million from at least five individuals in 2008 and 2009. He offered and sold promissory notes and convinced investors to grant him trading authority over money contained in online brokerage accounts. While doing so, he misrepresented his intended use of the money, the risks of his trading, the source of the money used to pay the guaranteed fixed returns, and falsely guaranteed repayment of investors' principal.
SEC Charges Money Manager and Two Associates in New York City-Based Affinity Fraud
The SEC charged a purported money manager, his New York City-based investment company, and two of his associates with conducting an affinity fraud and Ponzi scheme that specifically targeted investors living in the Caribbean and African-American communities of Brooklyn.
If you have lost money in an affinity fraud scheme or have information about one of these scams, you should contact:
The SEC Complaint Center.
Your state's securities administrator. You can find links and addresses for your state regulator by visiting the North American Securities Administrators Association's website. That organization also has investor tips for avoiding affinity fraud.
You also can check the SEC's Investor Claims Funds webpage for information concerning the appointment of a receiver or claims administrator in any SEC enforcement action.
Additional Information
Investor Alert: Social Media and Investing – Avoiding Fraud
Internet Fraud: How to Avoid Internet Investment Scams
http://www.investor.gov/news-alerts/affinity-fraud
Red Flag #1:
Maybe this is what Sand has in mind...pooping gold bacterium...?!!
https://www.livescience.com/61804-bacteria-poops-gold.html?utm_source=notification
Mexico Gold Rush Update
Concerning Skull Valley:
A big part of what Dusty and I do is we develop processes that can be used to harvest precious metals from mining projects. We target harvesting precious metals that other people cannot harvest. Without a process to harvest the precious metals from a project the project is worthless. With a process that can harvest precious metals from a project the project can be worth a lot of money. We believe our work is a success when someone can gather a large sample and from that sample we can demonstrate a working process that will put metal in hand, from a pilot plant set-up.
Sometimes our work is for ourselves on our personal project. If it is our project there are no investors involved we do not allow investors for our projects. We simply develop a process, fund the project and then harvest the gold from that project. This is called eating the good of the land (Isaiah 1:19). However, we have been known to help others with their projects.
One customer of ours is a Pastor the same one that preached my wife’s funeral. God instructed me to give him a project but do the work to put that project into production. For the Pastor we locate the project, prove the project with assay work and develop a process that can be used to mine the project. Then we involve a Christian Investor to build a plant and fund start-up. Our purpose is to enable that Pastor to eat the good of the land (Eat from a productive Gold Mine). On such a project our pay comes from above not from the Pastor or from an investor or from the project. When my wife died I asked God how much do You want me to pay this Pastor to preach her funeral and He instructed me to give him a producing mine operation and we are working to do just that.
Beyond the Pastor we are helping Mexicans with their projects as well. We have just started this and it is yet to be revealed how we will structure such a deal. Our thought is that after we get the mine into production and profits are being earned that a certain percent of those profits will go to us until we have recovered our expenses twice, so we can do more such projects.
Beyond helping the Pastors and helping Mexican we have invested very heavily in a USA project owned by some believers. On that project we have funded our own work and done so for years (seven figures). At some point there will be investors involved, but to help the owner take the project forward. Also we do plan to make a profit from this project once successful.
Each project we work on is structured so that at no time do we make any money from investors. This is the way God wanted it. He told us it is alright to use investors to help others but it is not alright to use investors to help ourselves.
As to NMC I have offered to help according to the will and plan of God. My first help was to issue the report I wrote (this was not something I wanted to do). Now according to feedback I missed it on a few points but in general the report is correct. Many in NMC seemed to be offended that I have offered to help, others think I am trying to worm by way into the Skull Valley Project and others say they will block me from helping NMC with a Skull Valley Process. Some seem to believe me and that my motives are pure. I fully intend to help NMC’s stockholders as far as God wants me to go. This might take time as my help must be desired by the right people. Point being, a door must be opened as all God’s work is done in truth (Psalms 33:4).
I have some advice from the Lord for those that believe in Him and believe in prayer. This advice comes from my journal dated 3-20-11:
I had a dream last night. Where a group of men came to see me at my house and talk about their various mining projects, including ours. These men started talking about their progress and were discussing things that were above my head. Yet they were missing something and they were in my house for help. Then I realized two things: One I had something that the group needed and it was according to my expertise (that is in spiritual things) and Two, the group had grown and the men’s wives were their also. Then it was like everybody was eating at a big party.
I started to help the group with a new revelation and then I started to preach. I was excited about what was revealed and the power of that revelation. Here is what I said:
“Sometimes you need something or you need to access something and you can’t get it done. Here is what you do: Stay in prayer, Seek God’s will And that will get it done. Stay in prayer, Seek God’s will And that will get it done.” Then I started to laugh “Ha, Ha, Ha.” “Ha, Ha, Ha”. I laughed because I knew Satan was defeated and that this advice would work.
As I preached I got louder so that all the people there could hear my words for those words were important and needed.
NMC needs a working process that can harvest Precious Metals from the Skull Valley Project; this is their number one need. Years ago I was working on a project and there were those that insisted that the assays were a fraud (done by Advance Analytical LLC). But these naysayers were silenced after Dusty produced metal in hand from his lab work over and over and over again. A working process that can be demonstrated to money people will prove the Skull Valley Project worthy and pave the way to mining profits.
I also realized that many that invested into Skull Valley are at retirement age and they need a return from this project ASAP. He is how you can help: “Stay in prayer, Seek God’s will And that will get it done. Stay in prayer, Seek God’s will And that will get it done.” This will look like foolishness to some but once we align our thinking and our actions according to the will and plan of God then success is guaranteed by God, for the word of God says:
Proverbs 16:1-3 (AMP)
1 The plans of the mind and orderly thinking belong to man, but from the Lord comes the [wise] answer of the tongue. 2 All the ways of a man are pure in his own eyes, but the Lord weighs the spirits (the thoughts and intents of the heart). 3 Roll your works upon the Lord [commit and trust them wholly to Him; He will cause your thoughts to become agreeable to His will, and] so shall your plans be established and succeed.
Those that believe in the Lord Jesus should not object to us all uniting in prayer to seek to know, understand and act on God’s will.
Blessings,
Sandy
Good information Thanks. I been holding now for? Hell I forgot anyway Thanks.
Refreshing if taken at face value but can we? Time always reveals the truth.
Did you bother to take the time to check out his YT video? He did a quite good job of laying out the (sordid) past history of NMCX, even going back a bit to the HCCA times.
But his insistence that the old dirt can be assayed with what essentially is Jordan's old ICP nonsense and show values that would have brought the majors clamoring for a piece of the action is preposterous...at best.
In his video, he said they were having some tests done, and would update as to the progress. That's been a couple weeks now.
“Sand” thinks he’s gonna resurrect NMCX and I’m gonna make sure it doesn’t happen.
HCCA/NMCX - After 20 Years Can't Sell r Buy.... Enjoy Life!!
Anyone remember The Big Lie? Now NMCX is in the .000's!
WHAT HAPPENED TO $5.00 A SHARE???
LOL!
I have been telling people for YEARS, NMCX IS A SCAM!
Do you believe me now??????????
:)
Article: NMC, Inc. Announces Sale of 137,939 Tons of the Concentrated Ore Inventory in Skull Valley, Arizona; $500 million sale over 10 years represents 26% of Skull Valley tonnage.
Article from:Business Wire Article date:December 22, 2004
HENDERSON, Nev. -- Michael D. Sheppard, chairman of the board and CEO of NMC, Inc. (Pink Sheets:NMCX), announced today that NMC, Inc. has sold 137,939 tons of concentrated ore "as is" in the storage pits (approximately 26% of its total Skull Valley concentrated ore inventory) to a private U.S. corporation. The irrevocable contract is valued at $500 million over 10 years. The Company has already received an initial payment of $700,000, and the remainder of an $11 million down payment is to be paid over 24 months. Under the terms of the agreement, the buyer will pay the remaining $489 million over a 10-year period calculated from the date on which the full down payment schedule begins.
_____________________________________________________
SAND711, MIKE SHEPPARD SCAMMED HUNDREDS IF NOT
THOUSANDS OF PEOPLE!!!!
THE RESURRECTION OF NMCX WILL NEVER HAPPEN!!!!
WWW.WHISTLEBLOWERS.ORG WILL BE ALL OVER THIS!!!!!!
NMCX will always be a Scam. This thing has
“DO NOT REVIVE” tattooed on its chest!!!!
I will be the first to contact
www.whistleblowers.org
if this EVER starts trading again!!!
-EVER-!!!!!!!!!
On our YouTube Channel Mexico Gold Rush I have a new video which is 1/2 of my report - Titled: Nevada Mining Company A New Bre-X Mine Fraud
The second 1/2 of the report will explain more about the assaying on Skull Valley that should be finished by Tuesday
OMG! You are bringing back old memories!!! I forgot about Jordan “croaking “!!!
LOL!!!!
Ahhh..... memories....
The "lord" can't help anyone to find PGE's when there aren't any there.
Donald Jordan could find them in kitty litter...and essentially did when he proved his assays were fraudulent on their face in his participation in the BLM "test" of assayers and their accuracy.
The old tailings piles at Skull Valley are worthless. The SEC knew it. AZLD knew it Furlong and Pietrzak went to jail for their fraudulent actions with Hexagon..and Jordan was on his way there, but croaked first.
To scam a person there has to be a way one puts money in their pocket from that person. What I have proposed is not designed to put money in our pocket from any shareholder or any investor.
Years ago we lost almost everything we owned due to a Gary Schmitt Advance Analytical Scam. We hired good mining consultants in the USA to help us overcome. They proved that the Advance Analytical assays were correct and showed us that the issue was the process to harvest those values. Thereafter, we dedicated a big part of our lives and resources to developing processes to harvest complex minerals. Today we own and have access to technology that can do just that on the right projects.
Therefore issues is not are the assays correct, the issues is that can you harvest the precious metals shown by Gary Schmitt, Jordan and other assayers. The proof is if precious metals can be harvested with a commercial process and with commercial processing equipment and do you have access to those things. If not then the project is worthless.
When we prove a project with process processing equipment gold is harvested and then taken to the market and sold for 99% of spot price. There is no higher proof than this.
I have many request come to me for our help on project like Skull Valley when we help we take our pay from the gold that is harvested from the ore, not from investors. Therefore there cannot ever be a scam on our part to defraud investors. In such a deal we put our money in the project, process with our equipment and take our pay from the ore itself. We don’t bet on a project unless we first know there is gold in that project. We can harvest other metals other than gold but gold is our main focus, for we like gold.
On the Skull Valley Project I have proposes a very special hands-off deal. If honesty is restored to NMC I will help the Investor by putting the right combination together. Those that own a process than can harvest these precious metals (Penoles) and those that can finance the work for the Investor.
Why would I do this? It is because the Lord directed me to do so, no other reason. He gave me the solution through years of work and asked me to pass it along to NMC’s Investor free of charge. Point being, there is someone one among NMC shareholders that is praying for help and we are working to provide that help.
The real issue for many of you is that you have been scammed for 23 years now and you are expecting every deal to be a scam and that is certainly understandable. However, in this deal NMC has nothing to loss, everything to gain and there is no scam as no money is passed to the scammer.
If we fail to give the Investor what he need to succeed then you can say I told you so and if not you can see NMC profitable. It is pretty simple and straight forward.
Ah ha:
Dunphy777 April 5, 2010 3:39:38 PM
Re: albacora post# 5058 Post #
5069
These statements from Advanced Analytical should tell you everything you need to know.
As owner of Advanced Analytical, Kathleen Schmitt carries on the traditions of the company with a strong commitment to honesty, integrity and complete competence with leading edge assaying techniques especially with the Platinum Metal Group ores. At no time are we influenced or intimated by platinum metal market interests. Some individuals affected by market forces or other economic or political agendas would have mining companies believe that no platinum metals exist in commercial amounts in the United States and Canada. But, you should be aware of countless reports by the USGS from the 1900’s about the prevalence of PGM’s, particularly in the Western States.
Proprietary Pretreatments/Process Testing
"Demasking" --- unique Black Bands liberation process.
This is a highly successful, one of a kind, pretreatment for Classic Black Sands that has been developed at MRA/Advanced Analytical in conjunction with collaborative scientists, which removes the black coating (Fe, Fe2O3 and others) from black sands and for the first time in history allows for easy recovery of Gold and the PGM's. This is a process that can be licensed from us but pre-testing to insure applicability to your ore is a prerequisite. The approximate price of the License and equipment is $400,000 US plus a smelter net and surety bond. We have documented examples that Demasking has increased the recovery on some ore upwards of 400 times.
Initial pre-testing including 2 assays $1,375.00
Direct Fire Capable Process-Volcanic Cinder
DFC Process is a unique process, which liberates and allows for easy furnace recovery from cinder ores, which have demonstrated the presents of Noble Metals, and also the predictable difficulties natural extraction from the volcanic cinder. As with the Demasking Process this process is available for licensing after pre-testing and prove up. If successful the process will typically allow recovery from somewhat standard tilt and induction furnaces.
Initial pre-test of DFC Process on cinder ore incl. assay $1,600.00
Guess where Kathleen Schmitt learned her craft?
(Results from a BLM "Sting" Assay Lab test. Note that the samples provided to MRAL only had a bit of Au and Ag, and zero PGE's... plus the blanks had background levels--yet MRAL even reported finding high values in the blanks.)
Metallurgical Research
and Assay Laboratory
(MRAL), Phoenix, AZ,
Donald E. Jordan,
Proprietor
David Graham,
Technician
Kathleen Watson,
Technician. New
owners: Gary Schmitt
and Kathleen Schmitt..
Au: 1.20
Ag: 0.10
Pt: 2.86
Pd: 0.43
Os: 10.91
Rh: 6.52
Au: 2.01
Ag: 1.42
Pt: 7.23
Pd: 0.76
Os: 24.5
Rh: 14.22
Au: 0.68
Ag: 0.06
Pt: 2.03
Pd: 0.33
Os: 7.64
Rh: 5.56
Au: 1.56
Ag: 1.11
Pt: 7.47
Pd: 2.04
Os: 26.11
Rh: 11.81
Au: 1.60
Ag: 1.44
Pt: 7.70
Pd: 2.16
Os: 27.27
Rh: 12.46
Au: 0.62
Ag: 0.57
Pt: 2.71
Pd: 0.47
Os: 10.91
Rh: 6.61
$1800. Formerly of Henderson, NV. Report dated 4/5/01.
Method not disclosed, suspected to be acid digestion and direct
coupled plasma arc (DCP). Detection limits not disclosed.
Tested for: Au, Ag, Pt, Rh, Os, Ru, Pd, and Ir. Osmium and
Rhodium values listed due to their unusually high reported
concentrations, even in the blanks.
albacora Monday, April 5, 2010
Re: Dunphy777 Post # 5072
That just shot down the Misses, working for D. Jordan, he can find Pt in kitty litter.
BTW: The Federal court of Illinois found that MRAL'S assays conducted by D. Jordan suspect, which allowed for the conviction of the then principles of HCCA/NMCX of FRAUD!
SAME dirt!
Good Questions:
The scam is not that the Skull Valley Assays are wrong but that without NMC own or having access to a process to harvest those values the mineral property is worthless.
If you read the SEC 2003 Lawsuit closely you will discover this was the issue then and is still the issue today.
There are many projects in this world that show high assay values when you use Advance ICP and DCP Assay Methods. However to locate the process to harvest these values is another thing altogether. On an USA project of ours we have very high ICP Assays and we invested millions and 14 years to develop a process to harvest those values. As to the Skull Valley Project a process to harvest Skull Valley Gold does exist however NMC does not own the rights to that process or have access to that process. As such according to the SEC their Skull Valley Tails are worthless. However we have the ability to cure this problem if honesty is restored to NMC.
Also this will come as a shock to you but Gary Schmitt and Donald Jordan assaying are 100% correct. However to represent to the public that these assay values can be harvested without a process is securities fraud according to the SEC. These representations were made to the Investor and potential investors and again this is securities fraud.
In addition, there is a major difference between Advance ICP and DCP Assay Methods and Standard Assay Methods. Not understanding this difference lead people to call those that use the Advance Methods a scam artist. Jordan was actual a pioneer in assaying and several different firms verifies his assay work on the Skull Valley Project (Advance Analytical LLC, AET Corp, DEL Inc. and Copper State Labs). Again the assay work is solid work but to represent that these assay prove the value of the Skull Valley Project is illegal without owning a working process to harvest these values and with 23 years of searching for this process NMC has failed to locate it.
To better understand assaying and how all this works visit our Mexico Gold Rush YouTube Videos, the ones concerning assaying. We explain how one assay can show high values and others show no values.
It is not my goal to see Gary Schmitt or Michael Sheppard in jail but to correct the injustice by providing the cheated Investor with access to a process and project funding. That should be what NMC's Shareholders want.
Here is my 1-30-18 email to NMC's lawyer:
Dear Bryan Allen,
Attached to this email is my 1-30-18 version of the “Nevada Mining Company & The Skull Valley Project” report. It is improved, well written, well evidenced, includes new evidence and a new important discovery. This is not an article, it is a report. Whereas the author is a mining professional that understands what is really going on with the Skull Valley Project. The 1-30-18 draft is not the final draft, as we are working on obtaining more important evidence.
This report has one purpose that is to bring Justice to those harmed by NMC’s CEO and Board (both past and present CEO and Board). However, God’s idea of Justice is much different than man’s idea of Justice.
Also attached is the final cut from a much longer 2010 video of Gary Schmitt and I discussing one of our projects. This is the project that he shafted us on and failed to deliver the process we paid him for. Point being, we understand what he and Michael Sheppard are doing on the Skull Valley Project. They are personally benefiting more from the mining of Investors than the mining of the Skull Valley Project.
You appear to be a smart and well capable lawyer so let’s cut to the chase:
? Clearly NMC fears this report otherwise you would not be issuing threats and insults and NMC would not have changed their Executive Summary twice and finally shut down their website. When an attorney starts insulting me and threating me I know I have his client’s attention. Threats and insults don’t stop me from my purpose or from completing our projects. Helping those harmed by NMC’s CEO and Board has become one of my projects.
? Michael Sheppard and NMC’s Board are guilty of committing securities fraud and misleading NMC’s shareholders. Gary Schmitt is also guilty of fraud and conspiring with Michael Sheppard.
? As to your main insult: I did have a major financial setback in 1998. However, that is old news that I have recovered from. As such, I am not in Mexico hiding from old debts, instead I am in Mexico running a business and making money from mining activities most of which is in Mexico.
? No one is backing Dusty and I other than our Heavenly Father; we have no earthly Investors and no earthly Joint Venture Partners. Much of our backing comes from the gold that God placed within the earth, as He shows us where this gold is and how to harvest it. Unlike Gary Schmitt and NMC we actually mine projects for valuable minerals and we refuse to mine Investors. Our main focus is harvesting Gold.
? Our work in Mexico is very impressive. Today we have extracted precious metals from over 150-different projects with our lab work and proven 12-properties with pilot plant work. Some of these projects are located in the USA. Unlike Gary Schmitt with our ore development work we take tons of ore (not ounces) and put them through real processes and produce real “metal in hand” from real processing equipment, We also make some of our equipment ourselves and build plants for others. Our Mexico Gold Rush YouTube Video shows some of our work. As such our work is somewhat documented with pictures and videos. The true test for us is to take a ton or more of ore, develop a process with our work and then process that ton with real processing equipment and produce gold from the process and then sell that gold.
? On our USA project (the one that Gary Schmitt failed to develop a working process for) we (with our own work) have developed such a process. Schmitt is more skilled than us at assaying; we are more skilled in process development work.
? Our Billionaire friend is very real, he contacted us a while back, he and his wife spent a few days with us and he has expressed interest in our work as we have developed some impressive technology to harvest complex gold. He is one of our contacts and could be a real solution for the Skull Valley Project if honesty is restored to the project.
? Our processing developing contacts in Mexico are real and they have serious capabilities. One of these contacts is the Penoles which is a major and very impressive mining firm with mines all over Central and South America. The Penoles do have a process that will work on the Skull Valley Tails.
? We are completely committed to doing the will of God no matter what. He is our Senior Partner and has controlling interest in our firm. As such, He often directs us to help those in need with our work.
? Part of our work is to bring the right parties to the table so the right team is put in place to make a mining project successful. Very few people in the mining world have this ability and/or the needed contacts to accomplish this.
I have no desire whatsoever to bring any harm to Michael Sheppard, NMC’s board and Gary Schmitt. I take no pleasure in passing my report to the authorities and NMC’s Shareholders. Instead what I want to see is Justice done for those that have been harmed by a mine scam somewhat like the Bre-X Swindle; this is my only interest. As the very last option and if NMC does not make an effort to correct their wrongdoings then I will pass my report to the authorities and NMC’s Shareholders.
Today Michael Sheppard as CEO is guilty of misleading Shareholders and committing at least one securities fraud that we know of. Therefore here is my offer: If you come up with an acceptable plan that will be acted on and that will make things right with this Investor so as to fix the fraud committed against him then I will be very happy to stand down. This is NMC’s cheapest way out of this mess. The plan you come up with is NMC’s business and their responsibility and any plan that brings the Investor Justice is more than okay with me.
I have a suggestion as to how to accomplish the above: Give the Investor a new contract that is very fair to him (requiring no upfront payment from him) and give him time to provide a working process and project funding for the Skull Valley Project. Dusty and I are then willing to help this Investor with a plan and with contact information that can result in a working process and project funding. With a renewed contract and with the right contacts things can be made right for NMC’s Shareholders and the Investor as well. In this deal NMC has nothing to lose and everything to gain.
Why would Dusty and I do such a thing? It is the will of our Heavenly Father that the suffering end for NMC’s Investor and Shareholders and that Justice prevail. In the past we were seriously hurt by a similar injustice and God has blessed us with the way to correct this injustice for this Investor and NMC’s Shareholders. Accomplishing the will and plan of God is what brings me fulfillment and pleasure.
I am looking forward to receiving your response. If that response is delayed or is packaged with insults and threats then I will make my improved report public and do so as God instructs. For my only dog in this fight is to obey God and do His will and see God’s Justice accomplished.
In addition, I have already made this email public to NMC’s Shareholders on a blog as they need to know a real offer to help them mine the Skull Valley Project is on the table, whereas we bring the process and the funding to the table to accomplish this only if the cheated Investor is made whole in the deal. If they want to see if we are for real I suggest that visit our Mexico Gold Rush YouTube Videos. We plan to post more Videos concerning NMC and the Skull Valley Project if your work with us those Videos could show us harvesting Skull Valley Gold.
Blessings,
Sandy
I have to ask, Why now? It was determined many years ago that the Skull Valley tailings are essentially worthless. Did you know that appx 2550 ounces of gold is all that the was found when those tailings were first mined and processed? That is barely .005 ounces per ton. Way below economic grade.... what could possibly be left? It's doubtful that the miners left much behind, but, even if somehow they only recovered 25% of the gold, that would mean a mere 7500 ounces would be left. Far from the lofty numbers that were parroted by the likes of the crook assayer Donald Jordan.
This has been a fraud since the HCCA/Furlong days. I doubt Sheppard, who knew nothing of mining when he arrived, knew what he was getting himself into.
I wasn't the first, but helped expose this fraud years ago. Which is why I ask, why now? Further, neither NMC or Sheppard have any means of offering restitution.
We will see soon if accusation is True... NMC INC looking into this !!
Holy Smokes.... That is a very detailed post. Sounds like I can kiss any chance of a ROI at this point. Very frustrating, and if Sheppard is guilty I was be highly disappointed to say the least. Thank you for posting and doing so much investigation.
I am the reason why NMC is changing its website as I discovered a fraud that has been committed against the Stockholders and Investors. I have finished a 22 page report with pictures and eight exhibits showing how this fraud was committed. My son and I are in a position to help NMC with a process that we believe can harvest the Skull Valley Minerals and we have access to project funding. Here is a little of what is my report.
NMC and Skull Valley caught our interests as we saw they had employed the services of a Gary Schmitt (owner of Advanced Analytical Labs) and he failed to deliver what he was paid for. This struck a nerve as we had a very unpleasant experience with Schmitt years ago. It was in that spirit that we reached out to NMC’s CEO (Michael Sheppard) to offer our help.
Michael Sheppard was interested in our assistance so he directed me to NMC’s Private Website. Instead of being sold on the project I discovered what I believe to be the most dishonest project valuation since The Bre-X Scandal. It was the first thing on NMC’s web page, it was named: Nevada Mining Company Executive Summary of All Projects: Skull Valley – La Escondida – Silver Hills; Dated 1-20-15. (Hereafter “Executive Summary”)
Many that do not understand metallurgical work would have been fooled by the materials presented in the Executive Summary; however after seeing this Executive Summary my heart dropped. At the time I thought: Michael Sheppard has been taken for a ride and someone coached him into publishing this. At the time I supposed that Sheppard was a godly man and he could not be a part to this. Therefore, I alerted him to what I discovered and told him that the Executives Summary is very deceitful and was being used to deceive NMC’s Stockholders and Investors. Sheppard’s response was to go on the defensive, play the deniability-card and tell us things that were blatantly false which set off major alarms.
Responding to my statement that NMC’s Stockholders have been seriously misled by the Executive Summary Sheppard wrote, “First & foremost, the private website that you viewed is just that; PRIVATE meaning our shareholders have not seen; therefore could not be deceived. Even more importantly, the Executive Summary, independently prepared by The Blackstone Group who commissioned Advanced Analytical, has NOT been made public.” The response did not sit right with me but I assumed he was telling the truth, as I did review the Executive Summary on the private website. Then one night I decided to look at NMC’s homepage and the foremost presentation on that page was the Executive Summary so Sheppard had told me wrong.
The second issue was Sheppard’s attempt at playing the deniability-card telling us the Executive Summary was independently prepared by The Blackstone Group and that Blackstone paid for the studies that made up the Summary. Sheppard wrote, “Even more importantly, the Executive Summary, independently prepared by The Blackstone Group who commissioned Advanced Analytical, has NOT been made public.” At first I believed Sheppard and then I re-read the Executive Summary and found Sheppard’s statement was untrue. Consider:
? On the Executive Summary’s first page it states: Prepared By: NMC, Inc. (Nevada Mining Company)
? Geosyntec is a main contributor to the Executive Summary concerning the Skull Valley Project. This is the company that came up with a tonnages numbers for the Stored Tails. Geosyntec issued a report concerning their findings and this report shows NMC as the owner of the report, it was address to Michael Sheppard as NMC’s CEO. The subject of the report was Evaluation of the Peeples Mine Arizona Concentrates Quantity, Skull Valley, Arizona.” The reports starts out by saying: “Dear Mr. Sheppard: Pursuant to your request of 13 July 2007, Geosyntec Consultants, Inc. (Geosyntec), is pleased to provide this report evaluating the quantity of Arizona Concentrates within pits located at the Peeples Mine in Skull Valley, Arizona (Figure 1), owned by the Nevada Mining Company (NMC).” Clearly this Executive Summary was the work of NMC and not an independent report prepared by The Blackstone Group.
? NMC commissioned Advanced Analytical Labs (“AA Labs”) to complete a 2012 Phase I Extraction Study which heavily contributed to the Executive Summary’s Skull Valley evaluation theory. It was a “Report of Phase I results of Ore gather from NMC property in Skull Valley, Arizona”. The report was addressed to Mr. Sheppard and the first sentence stated, “This Firm was retained by Nevada Mining Company (hereafter ‘NMC) on or about January 1, 2012.” Clearly the Blackstone Group did not commission AA Labs study here.
? Much of what is in the Executive Summary were direct quotes from NMC’s Disclosure Document dated March 15, 2009.
? A second Executive Summary has been located with the same title but dated August 8, 2011. This Executive Summary was also prepared by NMC, not the Blackstone Group.
? All we can find that The Blackstone Group contributed to the Skull Valley portion of the Executive Summary are six assays that they paid AA Labs to perform. As such, The Blackstone Group is not the author of the Executive Summary. Also a lot of the materials in the Summary were not independently prepared by any independent third party but instead are the work product of NMC. Clearly all this is directly crosswise to Sheppard statement, “Even more importantly, the Executive Summary, independently prepared by The Blackstone Group who commissioned Advanced Analytical, has NOT been made public.”
What upset me the most about Sheppard’s response was the attitude it is okay to use a dishonest Executive Summary as a sales aid to attract funding as it was “independently prepared by The Blackstone Group”. Later Sheppard told me he would fix the Executive Summary by editing it to state Prepared by The Blackstone Group. Deniability is not the proper way to correct a deception. That is like saying NMC is licensed to kill Stockholders and Investors (financially speaking) for they did not manufacture the gun.
Is NMC’s Current CEO and Board Guilty of Securities Fraud?
On December 18, 2017 and with an email I alerted Michael Sheppard in more detail about the dishonesty I found in the Executive Summary. Now at the time I believed that Sheppard was a godly man that had been deceived by his advisers. So I warned him about the dishonesty in the Executive Summary, I explain how this was being used to commit fraud. I stated, “However if this Executive Summary was used to influence someone to part with money for the benefit (to some degree) of a party involved that fully understood the deceit imported into the document then that is a clear case of fraud on the part of that person only.”
In my research I learned that after January 20, 2015 that at least one Investor has been influenced by the Executive Summary and other deceitful information prepared by NMC. As such, at least one fraud has been committed under Michael Sheppard and the new Board’s watch. This Investor paid NMC a $500,000 non-refundable deposit and purchased a substantial amount of shares in NMC and was required to make a second stock purchase. This was in exchange for a contract position in the Skull Valley Tails. Gary Schmitt and/or AA Labs also received funding from this investor. NMC and/or Gary Schmitt created a situation where it was impossible for the Investor to adhere to the terms of the contract and then NMC terminated that contract keeping the money invested.
We do not know how many investors have invested in the Skull Valley Project besides the Investor listed above. However, we know of one other investor that gave NMC approximately $1 Million before 2007. What both these Investors have in common is that after they could not locate a process to harvest the assay values for the Skull Valley Project NMC terminated their contracts and NMC kept the money invested by the Investors.
So are NMC’s current CEO and Board guilty of committing Securities Fraud? Securities Fraud has been committed and from my dealings with NMC I see a very clear intent to deceive the public, its Shareholders and Joint Venture Partners. NMC has repeatedly promoted its self as an entity with substantial assets when, in fact, it is worth very little. In my opinion within this presentation enough evidence has been presented to prove they are indeed guilty of a Bre-X type Mine Fraud.
Hey Thanks!!! I've been with this company since 2000 !!! My first Gold stock buy.... Long story Short- "HOPE"
Saaaaweeeet. Still holding a boat load
I received information from Michael Sheppard they're Updating WEBSITE.
Just checking back on your Notes from back then.... You Called it !!
I gotta say since you mention GSS !! In at .19 !! Great Ride Up and Earnings Solid. What do you think?
A16
Hey THANKS for the Reply!!! Been Stuck in here since 2001 !!!!!!!!!
A Lot of Shares HCCA before Sheppard took over.... I do miss All the Board People back then!! My Shares Still There for Whatever it's Worth 0 for Now. Thanks!!!
A16
Too freakin funny.... I, of course, don't watch this long dead scam, so had to go see what you were talking about. Talk about hilarious!
Is it possible that, after all these years since Sheppard took over for the crook that was behind this scam, Shepp still has no idea that the dirt pile at Skull Valley is nothing but...mined out dirt?!!
Bwahaa!
Perhaps someone should tell him that the original miners pulled out a whopping 2550 ounces of gold, making the grade 0.005 opt..or thereabouts. So, the tailings, which is what is left, would have way less than that amount of gold left.
You should read up on Donald Jordan, the crackpot who was behind the make believe assays and whatnot.
You should stick with MXSG.... and maybe GSS, which appears to be a real gold miner... USPR and SDRG sure as heck ain't..... and the jury is still out on Mexus... regardless of what ole Phillips would have all believing....
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NMCX -- NMC Inc.
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http://www.nmcinc.com/news040110.html
NMC, Inc.
Statement to Shareholders
April 1, 2010
NMC Inc. Shareholders:
As most all our patient shareholders are aware, maximizing the return on all of our investments has always been our mission and now has become a quest. To that end, we continue to do the right things, the right way and therefore, have achieved several milestones along the way:
And now, on 3-31-10, the lease for the adjacent 377 acres in the Copper Basin , Skull Valley Arizona site HAS BEEN RENEWED.
The renewed lease will allow us to re-direct our marketing efforts and to re-contact mining firms and/or joint venture partners who were not interested in only ore concentrates. We are pleased that the Arizona State Land Department has been so cooperative in granting this lease which will remove obstacles we have been facing in our sales efforts while providing additional options to a possible sale or joint venture.
While I am personally thrilled with this latest blessing, I remain cautiously optimistic as our greatest challenge continues to be assisting the potential buyers in obtaining financing when credit remains so tight as many mining companies have limited liquidity. That said, we would be open to receiving a substantial down payment which could then be distributed to our shareholders via a dividend plus a stock swap with a solid, publically held, mining firm - which is much more attractive to all parties.
Please know that this lease could not have been granted without the tremendous contributions of our Project Manager, Pete Rushbrook and our Webmaster, Jim Richardson who helped prepare the NMC Mine Operating Plan (MOP) and what you see on our website. I believe that this huge milestone would not have been achieved without the support of Senator of Arizona, Steve Pierce (introduced by Pete Rushbrook), the Arizona Governor’s Office (represented by Mike Anable), the Commissioner, Maria Baier and Joe Dixon, Minerals Manager of the Arizona State Land Department; and most of all, our LORD, as I believe that HE has a hand in our company. Your continued prayer and support is greatly appreciated.
In Your Service,
Michael Sheppard, President
/s/
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Information from Pink Sheets:
http://pinksheets.com/pink/quote/quote.jsp?symbol=nmcx#getCompanyInfo
WARNING: RATED CAVEAT EMPTOR by Pink Sheets
2005 Info from Arizona State Land Commission
http://jimewescamp.250x.com/nmcxinfo.pdf
NMC, Inc.
2711 Cool Lilac Ave.
Henderson, NV 89052
http://www.nmcinc.com
* Phone: 702-837-1163 ***THIS NUMBER IS DISCONNECTED***
Disclosure Category
No Information
State Of Incorporation
NV
*
Jurisdiction Of Incorporation
USA
*
Company Officers
Michael D. Sheppard, CEO, Chairman
*
SEC Reporting Status
non-SEC Reporting Company
*
Fiscal Year End
12/31
*
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NEVADA SECRETARY OF STATE INFORMATION
Business Entity Information
Status: Default on 5/1/2007 File Date: 4/3/1984
Type: Domestic Corporation Corp Number: C2341-1984
Qualifying State: NV List of Officers Due: 4/30/2007
Resident Agent Information
Name: NEVADA AGENCY & TRUST COMPANY Address 1: 50 WEST LIBERTY STREET
Address 2: SUITE 880 City: RENO
State: NV Zip Code: 89501
Financial Information
No Par Share Count: 0 Capital Amount: $ 7,600,000.00
Par Share Count: 6,500,000,000.00 Par Share Value: $ 0.001
Par Share Count: 1,100,000,000.00 Par Share Value: $ 0.001
Officers Include Inactive Officers
ACTIVE Director - GEORGE BROWN
Address 1: 190 BETHLEHEM PIKE #1 Address 2:
City: COLMAR State: PA
Zip Code: 18915 Country:
Status: Active Email:
ACTIVE President - MICHAEL D SHEPPARD
Address 1: 4229 WARREN ROAD Address 2:
City: FRANKLIN State: TN
Zip Code: 37067 Country: USA
Status: Active Email:
ACTIVE Treasurer - MICHAEL D SHEPPARD
Address 1: 4229 WARREN ROAD Address 2:
City: FRANKLIN State: TN
Zip Code: 37067 Country: USA
Status: Active Email:
ACTIVE Secretary - MICHAEL D SHEPPARD
Address 1: 4229 WARREN ROAD Address 2:
City: FRANKLIN State: TN
Zip Code: 37067 Country: USA
Status: Active Email:
ACTIVE Director - THOMAS J SMITH, JR
Address 1: 1816 OLD NACHEZ TRACE Address 2:
City: FRANKLIN State: TN
Zip Code: 37064 Country:
Status: Active Email:
HISTORICAL President - MICHAEL D SHEPPARD
Address 1: 4229 WARREN ROAD Address 2:
City: FRANKLIN State: TN
Zip Code: 37067 Country: USA
Status: Historical Email:
HISTORICAL Treasurer - MICHAEL D SHEPPARD
Address 1: 4229 WARREN ROAD Address 2:
City: FRANKLIN State: TN
Zip Code: 37067 Country: USA
Status: Historical Email:
HISTORICAL Secretary - MICHAEL D SHEPPARD
Address 1: 4229 WARREN ROAD Address 2:
City: FRANKLIN State: TN
Zip Code: 37067 Country: USA
Status: Historical Email:
HISTORICAL Director - MICHAEL D SHEPPARD
Address 1: 4229 WARREN ROAD Address 2:
City: FRANKLIN State: TN
Zip Code: 37067 Country: USA
Status: Historical Email:
Actions\Amendments
Action Type: Amended & Restated Articles
Document Number: 20070320762-59 # of Pages: 6
File Date: 05/07/2007 Effective Date:
Previous Stock Value: Par Value Shares: 4,500,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 4,500,000.00 New Stock Value: Par Value Shares: 6,500,000,000 Value: $ 0.001 Par Value Shares: 1,100,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 7,600,000.00
Action Type: Annual List
Document Number: 20060240097-70 # of Pages: 2
File Date: 04/17/2006 Effective Date:
(No notes for this action)
Action Type: Amended List
Document Number: 20050199459-44 # of Pages: 1
File Date: 05/27/2005 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: 20050113632-53 # of Pages: 1
File Date: 03/29/2005 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: C2341-1984-018 # of Pages: 6
File Date: 01/06/2005 Effective Date:
CAPITAL STOCK WAS 1,500,000,000 @ .001 = $1,500,000 DEG
CERTIFICATE OF AMENDMENT FILED AMENDING STOCK. (FILING FEE $1650)
(12) PGS. DEG
Action Type: Annual List
Document Number: C2341-1984-002 # of Pages: 1
File Date: 04/21/2004 Effective Date:
List of Officers for 2004 to 2005
Action Type: Merger
Document Number: C2341-1984-016 # of Pages: 12
File Date: 09/09/2003 Effective Date:
ARTICLES OF MERGER FILED MERGING PEEPLES MINING COMPANY, A (NV) CORPORATION,
#C2180-97, INTO THIS CORPORATION. NAME CHANGE AMENDING WITHIN MERGER.
(1) PG. DEG
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SECRETARY OF STATE (ARKANSAS) INFO FOR NMC NEVADA
(Application for Authority to operate as a foreign corporation)
Jerry Haggard, Registered Agent (for Arkansas only) updated as of
October 6, 2007
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SECRETARY OF STATE INFORMATION FOR CALIFORNIA PRECIOUS METALS
**COULD NOT FIND SUCH A COMPANY IN TENNESSEE**
http://www.tennesseeanytime.org/soscorp/
Thus, this company is not authorized to do business in Tennessee
The company was registered in Nevada on July 10, 2007, as an LLC.
FILE NUMBER: E0495972007-3
Manager: Michael Sheppard
1946 Selby Avenue, Suite 306
Los Angeles, CA 90025
Registered agent: Acorn Corporate Services, Inc.
3225 McLeod Drive #110
Las Vegas NV 89121
---------------------------------------------------------------
Public record information about Michael D. Sheppard, President
Michael D. Sheppard
Address on Nevada SOS appears to be his home address
Public deed shows that this property is jointly owned by him and Barbara Sheppard
Land size: 80,645 square feet Value: Approx. $498,000
Public deeds show other possible properties
Public records show three vehicles, all manufactured by Lexus
Public records show the following businesses possibly ran by Sheppard:
New Life Corporation of America Brentwood TN President 2001-2004
Lars Desert Oasis Suncare Products Nashville TN President 2001-2003
National Community Foundation Brentwood TN Contact 2002
Providential Properties Brentwood TN 1998
Nulife LLC Henderson TN 2001
Born: 1945
---------------------------------------------------------------
NEW LIFE CORP. INFORMATION
If it is the same Michael D. Sheppard that operated New Life Corp., the following information is relevant:
1. New Life Corp. sold an investment program that came under regulatory scrutiny and resulted in a class action lawsuit.
2. Maine sanctioned New Life Corp./National Community Foundation for not having its agents registered:
3. Pennsylvania's Attorney General filed suit calling it an elaborate sales scheme:
http://www.nashvillepost.com/news/2004/10/28/updated_519_pm___penn_ag_accuses_new_life_corp_of_engaging_in_x2018elaboratex2019_scheme_
4. 1999 Forbes article about National Community Foundation/New Life
http://findarticles.com/p/articles/mi_kmfor/is_199909/ai_n15370240
5. 1999 article with comments from Mr. Sheppard
http://www.investmentnews.com/apps/pbcs.dll/article?AID=/19990308/SUB/903080722/-1/INIssueAlert04&template=printart
6. Class action lawsuit was filed against Sheppard and the company. It resulted in a settlement and an award of $232,000 in attorney fees to the plaintiff's counsel. The case was 2000cv6314 (Central District of California -- Los Angeles branch).
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P/R I/RCONTACT INFORMATION FROM LAST BUSINESSWIRE PRESS RELEASE:
CONTACT: Jordan Richard Assoc. LLC
Madeleine Franco, 702-256-4905
ir@jordanrichard.net
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LAWSUIT INFORMATION
The SEC filed suit in 2004 for stock fraud against the principles of this company. After several years of litigation, a jury determined that securities fraud violations occurred in connection with the marketing of the company's stock. Of course, the officers involved resigned from management of this company; however, the history of the suit provides reason to investigate the veracity of the company's claims and investor's should carefully analyze the lawsuit.
The suit is captioned S.E.C. v. Pietrzak & Furlong, Case 03C1507, United States District Court for the Northern District of Illinois
2007-Nov-11 Final Judgment by the Court
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24621493
2007-Oct-11 S.E.C.'s Reply in Support of Motion for Permanent Injunction
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23660767
2007-Aug-03 S.E.C.'s press release announcing jury verdict finding fraud
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=21846823
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NEWS and PRs
January 18, 2008 NMC publishes disclosure document
http://www.predictwallstreet.com/news/default.aspx?storyID=66976014&symbol=NMCX
September 13, 2007
NMC Provides Update (new subsidiary formed, website updated, unaudited financial info)
http://today.reuters.com/news/articleinvesting.aspx?view=PR&symbol=NMCX.PK&storyID=55619+13-Sep-2007+BW&type=qcna
May 1, 2007
NMC Provides Update
http://today.reuters.com/news/articleinvesting.aspx?view=PR&symbol=NMCX.PK&storyID=61068+01-May-2007+BW&type=qcna
April 5, 2007
NMC Reports on Shareholder Meeting (appoints five directors)
http://findarticles.com/p/articles/mi_m0EIN/is_2007_April_5/ai_n20510769
March 26, 2007
NMC Shareholders We Need Your Vote
http://findarticles.com/p/articles/mi_m0EIN/is_2007_April_5/ai_n20510769
February 17, 2007
NMC Provides Update (stock and debt cancellation)
http://findarticles.com/p/articles/mi_m0EIN/is_2007_Feb_13/ai_n20510751
April 27, 2005
NCM Inc. Statement Concerning Status of Unaudited Financial Statement
http://findarticles.com/p/articles/mi_m0EIN/is_2005_April_27/ai_n13655570
Nevada Secretary of State information:
NMC, Inc. Provides Update
Over-issuance of Common Stock
NMC, Inc. (Pink Sheets:NMCX) announced today that during the audit of the company's financial statements for the years ended December 31, 2004 and 2005, by the Public Companies Accounting Oversight Board (PCAOB)-registered accounting firm, the Company discovered that the number of shares issued by its in-house transfer agent exceeded the company's authorized shares of common stock. This over-issuance was disclosed in the Company's financial statements. Subsequent to the completion of the audit, the Company discovered a more recent over-issuance by its in-house transfer agent. These over-issuances totaled approximately 1.7 billion shares. Additionally, at the time the Company's prior board of directors created the Class A Preferred Shares in July of 2004, there were not, nor are there currently, a sufficient number of authorized shares of common stock to accommodate conversion of the approximately 400 million outstanding shares of Class A Preferred Stock (each of which converts into 5 shares of common stock), now held in a revocable trust by family members of a former officer, director and current shareholder of the Company.
Prior to the discovery of the greater imbalance between authorized shares and issued and convertible shares, the Company had prepared a letter to all shareholders, then intending to make its audited financial statements for 2004 and 2005 available. However, the aforementioned imbalance may require restatement of the Company's financial statements for the years ended December 31, 2004 and 2005.
Management is conducting an internal investigation of the facts surrounding the over-issuance and related matters. Once the board of directors has evaluated the circumstances and impacts of these issues, it will recommend corrective action. In the meantime, the board is exploring possible alternatives specific to the over-issuance, including without limitation, increasing the number of authorized shares and/or a reverse split, any of which would require a majority vote of the shareholders. Pending final resolution of these issues and subject to limitations under Nevada law, the Company expects to treat outstanding shares held by non-affiliates of the Company as having been validly issued.
The Company expects to make audited financial statements available after the resolution of these matters and completion of its audits, including an audit of 2006, by means of the filing of a Form 10 with the Securities and Exchange Commission (SEC).
Having accepted the resignation of its in-house transfer agent as a result of the aforementioned events and other problems, the Company has engaged the services of an external, independent transfer agent. The new transfer agent is expected to begin transfer duties for the Company in January 2007.
Without giving effect to the over-issuance and related issues that may have an effect, NMC, Inc. had an accumulated deficit of approximately $65.4 million at December 31, 2005, principally attributable to the writing off of acquired assets and operating expenses.
During the audit, three independent geologists and two assayers conducted four geological reviews and full custodial assays on all its properties, although only the Skull Valley property was verified for the purpose of the audit.
Buyer Payment
On December 23, the Company received a payment in the amount of $350,000 pursuant to an agreement for the sale of first-stage precious metals ore concentrates for a total purchase price of $500 million to a privately held entity. Per the agreement, additional installments on the down payment of $11 million are payable over the next 23-month period. After the $11 million down payment has been paid, the customer may begin taking prorated possession of the first-stage concentrated ore, and the remaining $489 million balance of the contract is to be paid over 8 years. There can be no assurances that this contract will be fulfilled in its entirety, and there is no prepayment penalty or limitation on assignability.
Civil Litigation
In March 2003, the SEC filed a civil action against two former officers and original members of the Board of Directors. This action continues, with a court hearing scheduled for March 19, 2007. These former officers and original members of the board of directors have resigned, and the Company is not a party to the litigation but has incurred and may continue to incur some expenses attributable to the litigation.
Form 10 Registration Statement
At the present time, management anticipates that a Form 10 Registration Statement--which is expected to contain audited financial information for the most recent three years ended December 31, 2006--will be submitted to the SEC no earlier than the second quarter of 2007.
Communication with Shareholders
In the interim period and prior to the effectiveness of a Registration Statement, the Company has been advised by its legal counsel to limit its news releases significantly; however, the Company anticipates that it will continue to keep the market informed of critical developments.
About NMC
NMC, Inc. has interests in mining and ore processing. In addition to its Skull Valley claims, the company owns 7 mining claims of 20 acres each in Mesquite, Nev. and 17 mining claims on 340 acres in San Bernardino County, Calif., in all of which it owns 100% of the mineral rights.
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