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True, and there was a lot of really good DD from everyone last week and over the weekend! Investing in penny stocks is high risk and I appreciate all the really good comments and information being shared from both the Bulls and the Bears :)
Cheers
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My posts are always theory and not financial advice.
A nation of sheep will beget a government of wolves. — Edward R. Murrow
That's a big dump at .06 400k... mehhh... any follow up news will send this to .50++++
Used last week to shake out traders for the run. Go slow and steady! No need to pump this one she’s got enough tea leaves out there.
-MAD
Looking good with a 30% uptick!
Nice jump in pps here this morning, could be confirmation on the real deal!
Need a good legal document and it will get on up there. We got a .12 pps on the book value before this new deal
Get ready for gap ride!
-MAD
Hmm. Perking up?
Volume; 158,000...Trades; 4...lol
This company isnt defunct. https://apps.dos.ny.gov/publicInquiry/EntityDisplay
Founded in 2011. https://pitchbook.com/profiles/company/363677-14#overview
It’s not a company in ny from dd. All those companies are defunct. We will have to see how this plays out. Need to see some legal contracture. They painting this All over. It’s even Facebook verified!! They know peeps needed this verified. Better make it soon.
-MAD
I saw these during my research but its from 5 years ago, evidently maverick doesnt exist anymore, Mitigation Solution Corporation either. What remains is this IMO
https://pitchbook.com/profiles/company/363677-14#overview
Pretty obvious whats going on here, hope the DD has opened a few eyes.
Maybe it's a $4 billion forklift company?
Why not......hemp, helium, gold mining, reclamation/mitigation, magic batteries, and now.....forklifts!!
Let me guess....it will be an inactive listing, or directs to something completely unrelated?
It was bogus looking from the moment they issued the first PR about a $1.9 billion "contract". When this company lies, they lie BIG!
$4 billion gold mine?
$1.9 billion environmental reclamation contract?
All from a nearly broke non-disclosing OTC company. With a long sordid history of shady promotions.
Sheezzz - who'd be dumb enough to believe this crap?
More bogus looking by the second----
https://www.slideshare.net/jeffjones23/msc-soc-intro012518?qid=3aa305fe-62b2-41e9-bb1d-722dac493aa7&v=&b=&from_search=4
Enter "jhj@mitigation.solutions" in a browser as circled above in the above screen shot and see what pops up.
No .com, or .net, or .gov, or anything as the suffix will lead that address to nowhere.
https://www.waterboards.ca.gov/waterrights/water_issues/programs/hearings/cachuma/comments_rdeir/edc/santabarbaraco_water_sbco.pdf
Good read on the water reserves in ca
-MAD
Yes, my guess is that mitigations holds the ability to get the contracts with the fema so they better get in good standing . Sometimes it’s just taxes or fees that need to be paid to get reenstated. As long as they not dirty 50 million we should be okay. But you point should be taken as to their credibility. It needs to be addressed.
-MAD
Thats just it, the latest PR is dubious because it lists an entity that doesnt even legitimately exist.
its wholly owned subsidiary, Mitigation Solutions, LLC (MSL)
MSL will secure funding for SMVWCD from Infrastructure Investment and Jobs Act, The Inflation Reduction Act and the 2022 Omnibus Appropriations Bill through various Federal and State agencies, primarily the Federal Emergency Management Agency (FEMA), United States department of Agriculture (USDA), and the U.S. Department of Transportation (USDEOT)
https://www.otcmarkets.com/stock/WSRC/news/Western-Sierra-Resource-Corporation-Announces-a-1976-Billion-Federally-Funded-Mitigation-Agreement-Executed-September-17?id=374066
Too bad folks seem to have gotten hoodwinked by these individuals.
Once these agencies like the Infrastructure Investment and Jobs Act, The Inflation Reduction Act and the 2022 Omnibus Appropriations Bill through various Federal and State agencies, primarily the Federal Emergency Management Agency (FEMA), United States department of Agriculture (USDA), and the U.S. Department of Transportation (USDEOT) dig into MSL's background its likely they wont get a penny in funding but probably will actually OWE some govt agency some money.
Based on what most of us can see going on with the F-E-D these days, who's to say what's legit and what's not? Anyway, let's play the game here for what it its!
$WSRC
Your post makes perfect sense, and great comeback by the way!
$WSRC
Since Western Sierra Resource Corp owns (MSL), (WSRC) should have absolute/full control over (MSL). This means that the old (MSL) is not the entity that we should be scrutinizing today, we should stop looking at the past. We have to look at (WSRC) as the controller of this project, as they own (MSL) today, don't they?
It is horrifying how much Fed dollars end up in the hands of scammers and the undeserving. The PPP is a great example. It is disgraceful how much of that ended up in the hands of politicians who should have been ineligible.
In the case of WSRC getting funding from the Feds, it will never get that far...the sole purpose of making up "stories" is to sell shares to gullible investors. They don't actually have to do anything beyond issuing a few PRs. Easy, peasy.
They said they were gonna post the MOU ?
You haven’t factored in our leader! Uncle JOE and he’s gonna throw money out like no one’s business and this is right down their alley. These guys just smart enough to capitalize on it. And California being a blue state forgetaboutit! This is gonna happen. Good job Wsrc for reading the tea leaves on this one! They build dams on the 50’s the money spent to make water reserves was unreal it’s just maintenance like reshingling a roof. Now florida, those deal gonna be coming to. Water the new gold. Gotta see it for what it is.
-MAD
So.......no FEMA contract. No moneys allocated. No scopes of work approved. Work "may happen". A Memorandum of Understanding (MOU). What's next, a Letter of Interest (LOI)? All from a nearly broke company (WSRC) that somehow acquired an out-of-business mitigation company that somehow has $200 million worth of work backlog for just the next year (and the same for years to come).
Call it "forward looking" or wishful thinking, or whatever....but it is the same old crap that WSRA/WSRC issues a couple times a year. Hemp farms, magical batteries, helium wells, and the grand daddy whopper of them all....the Sage Hens Gold Mine worth $4 billion!!!
Could the "stories" get any dumber? Why do people keep falling for this stuff?
They having lawyers go over it approve it and then can publish it. Then we’re gonna move up. Hope they put some financial numbers together.
MAD
Yeah, its for real. They just need to post the MOU and start shoveling sediment.
You can follow from past meeting minutes they kept getting turned down by fema. I think Jones put the grant papers together that allowed them to get funding so will get the work. As they keep eluding to the past history of getting grants and his expertise.
-MAD
Almost, the MOU is signed by MSL which is owned by WSRC. SMWCD is a public body which will seek FEMA grants to fund the remediation of the Twitchell Dam sediment issues. MSL/WSRC will be using LOC's and equipment leases to start the work and apply for FEMA $$ contemporaneously. The Sediment issues are emergent so we should see work commencing soon.
I will try to find more clues. Obviously, from my understanding MSL which is owned by WSRC has signed an agreement with SMVWCD which is funded by the Federal Gov and MSL is certified by FEMA.
Thanks, but PR says MSL signed a Agreement---
STEAMBOAT SPRINGS, CO / ACCESSWIRE / September 28, 2022 / WESTERN SIERRA RESOURCE CORPORATION (OTC PINK:WSRC) announces that its wholly owned subsidiary, Mitigation Solutions, LLC (MSL) signed, on September 17, 2022, an Agreement with the Santa Maria Valley Water Conservation District (SMVWCD) in Santa Barbara County, CA for the mitigation of Twitchell Dam and Reservoir.
https://www.otcmarkets.com/stock/WSRC/news/Western-Sierra-Resource-Corporation-Announces-a-1976-Billion-Federally-Funded-Mitigation-Agreement-Executed-September-17?id=374066
I think that the MOU is with Wsrc not mitigation solutions so it will probably stand but time will tell. I appreciate your DD good stuff.
-MAD
Yep, right guy, right state, no legal entity of Mitigation Solutions LLC.
WSRC can basically kiss that MOU with Santa Maria goodbye.
From the looks of the DD that MOU isnt worth the paper its printed on.
At least we got the right guy and the right state he was in. He’s had a few corps and name changes maybe why easier for h to jump on board with wsrc to do business if everyone wondering. The ny company only has 9 employees. I’ve personally met guys in this fema disaster market and they all became millionaires cleaning up. The guys that bought all the mobile homes for Katrina victims because they had some fuel contamination or whatever. The government spends it better be I. The line to takeith!
-MAD
Maverick-USA- Staus: Inactive, Standing: Bad
Kentucky Secretary of State says Maverick- USA---
Certificate of Administrative Dissolution:
Maverick-USA added in KY on 5/15/2019 11:40:47 AM---
Maverick-USA not a legit entity in KY until 5/15/2019 at 11:40 AM but this screen shot clearly says Jan 18, 2016---
https://www.slideshare.net/jeffjones23/tmgsoq011716
We got us a FEMA specialist. Learned how to navigate gov contracts from Katrina. I wouldn’t be surprised if florida not soon or emergent . Gonna take years to get florida Myers’s, Venice area back online. They gonna spend billions there also. Biden just called it disaster worse hurricane in florida history.
-MAD
Puhlease, Jeff Jones at this point in time cant be proven by State issued documentation to be tied to Mitigation Solutions LLC. States issue valid searchable LLCs, not press releases.
If Jones and Hastings are Principals of MSL, they are listed in a database, no question about it.
with MSL and its Principals – Jeff Jones and Scott Hastings
https://www.otcmarkets.com/otcapi/company/financial-report/346982/content
One can always tell when one of these OTC companies isnt on the up and up...lots of riddles and no proof.
At least it’s Jeff Jones not Jim Jones we following on this California journey!
-MAD
More questions than answers with this company.
No wonder volume barely creeped above 1M shares today.
Good luck.
Okay chuckie since it’s getting close to Halloween I’ll give you a treat! It’s not ny or Wyoming . You will find Jeff Jones on linkin he is a Kentucky boy. CEO of maverick and founded mitigation from that. Conspiracy theory dismissed, real deal like it or not !
Best MAD
One having trouble finding that Mitigation Solutions LLC website I see...
Apparently it doesnt exist.
The WSRC CFO Dennis Atkins sure has his fair share of expired and suspended entities relating to the Westen Sierra name in Oklahoma---
405 area code phone number on this document---
WESTERN SIERRA RESOURCE CORPORATION
1001 Grand Ave., Suite 207
Glenwood Springs, Colorado 81602
405.209.5485
https://www.otcmarkets.com/otcapi/company/financial-report/344127/content
Yea there one in ca that’s the head maintenance office I don’t think it’s him either or does he seem like the master mind of this story.if I google enough I might also find one that is a Plummer .
-MAD
Speaking of Scott Hastings
Theres a Scott Hastings living in Colorado, same state listed on the Company Profile of WSRC on the OTC Markets website-
https://www.otcmarkets.com/stock/WSRC/profile
Interestingly enough, theres a (delinquent) Mitigation Solutions LLC located in CO too-
https://www.coloradosos.gov/biz/BusinessEntityHistory.do?quitButtonDestination=BusinessEntityDetail&pi1=1&nameTyp=ENT&masterFileId=20191252901&entityId2=20191252901&srchTyp=ENTITY
On another note, where is the documentation proving MSL completing similar scoped contracts and projects?---
As of the date of this report, the principals of Mitigation Solutions, LLC, with over 200 years of combined experience completing similar scoped contracts and projects,
https://westernsierraresourcemedia.nyc3.digitaloceanspaces.com/docs/quarterlyreports/quarterly-report-june-30,-2022.pdf
One with Jeff Jones and Scott Hastings !
So that clear anything up?
-MAD
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