New Q shows $40M Water Rights in Colorado...
THE ONLY WATER SHORTAGE PLAY ON THE OTC!
$40,000,000 in WATER RIGHTS IN COLORADO!
INSIDERS OWN OVER 150M SHARES!
>>> WSRA ONLY DEBT IS NOT DUE UNTIL 2016!
"Note 7" - Read...
>>> NOL's of $18,000,000+ ! No Income Tax!
"At December 31, 2013, the Company had net operating loss carry-forwards totaling $18,322,374 that, if conditions of the Internal Revenue Codes are met, can be carried forward to offset future earnings. These carry-forwards expire in various amounts through 2033."
$50,800,000 Net Assets
$50.8M Net Assets / 325M O/S = .15 Book Value!
>>>MORE NEWS COMING...
Western Sierra Announces Development Agreement and Updates Business Model
Date : 07/10/2014
Western Sierra Mining Corp., (OTC Pink: WSRA) announced today that it has executed an agreement with Aspen Development Corporation to assist it with an initial public offering. Aspen is a real estate development company that specializes in the acquisition, rehabilitation and resale of residential properties in the Denver and Mountain markets. Western will utilize its $52 million asset base to provide bridge financing and will draw upon its experienced consulting relationships to provide Aspen with the real estate industry and other expertise required for the development and implementation of its business plan and in obtaining financing through an initial public offering. In exchange for these financing and consulting services Western will receive ownership in Aspen. Western also intends to build upon its recently completed acquisition of water rights in Northern Colorado to increase its $52 million asset base. The Company will be making additional announcements about Aspen and its other natural resource-related projects.
Current Report from Pinksheets
|Shares Outstanding ||315,493,353 ||a/o Dec 31, 2013 |
|Float || |
|a/o Dec 31, 2013 |
|Authorized Shares ||350,000,000 || |
a/o Dec 31, 2013
OTC Stock Transfer, Inc.
231 E. 2100 South
Salt Lake City, UT 8416