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Here is an old post to the old name two years ago.
Posted by: wolvman jack Date: Monday, July 02, 2007 7:35:32 PM
In reply to: wolvman jack who wrote msg# 95 Post # of 249
Mounting losses threaten NetWolves
bizjournals.com (Tue, May 15) Maybe they could start makeing money at some point being they have lost money for so long.
J thanks for the call and we wuill see. it really did not makes sense to the link problem today with ameritrade.
dave
Looks like they just assigned an old symbol and let her go. they will fix the problem here.
Sending an email to ihub to start a new board.
Just called the company and found out they only began trading this week. This is the symbol they were assigned and are working with OTCBB to clear up the confusion since it belonged to an old company (Netwolves). I was having trouble locating anything on them, so I called.
It is a low float low debt mineral company. I am looking for more going forward after todays news. Look for more news soon.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6841204
Wolverine Exploration Inc.
(An Exploration Stage Company)
Balance Sheets
(Expressed in U.S. dollars)
August 31, May 31,
2009 2009
$ $
(unaudited)
ASSETS
Current Assets
Cash – 673
Amounts receivable 5,328 3,189
Prepaid expenses 3,447 –
Total Assets 8,775 3,862
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current Liabilities
Bank indebtedness 671 –
Accounts payable 267,196 246,513
Accrued liabilities 58,855 58,855
Loans payable (Note 4) 21,000 36,000
Due to related party (Note 5) 16,057 14,915
Total Liabilities 363,779 356,283
Nature of Operations and Continuance of Business (Note 1)
Commitments (Notes 3 and 7)
Stockholders’ Deficit
Common stock, 200,000,000 shares authorized, $0.001 par value
68,630,000 shares issued and outstanding 68,630 68,630
Additional paid-in capital 1,030,770 1,030,770
Common stock subscribed (Note 6) 49,500 –
Deficit accumulated during the exploration stage (1,503,904 ) (1,451,821 )
Total Stockholders’ Deficit (355,004 ) (352,421 )
Total Liabilities and Stockholders’ Deficit 8,775 3,862
(The accompanying notes are an integral part of these financial statements)
F-1
--------------------------------------------------------------------------------
Wolverine Exploration Inc.
(An Exploration Stage Company)
Statements of Operations
(Expressed in U.S. dollars)
(unaudited)
Accumulated from
Three Months Three Months February 23, 2006
Ended Ended (Date of Inception)
August 31, August 31, to August 31,
2009 2008 2009
$ $ $
Revenue – – –
Expenses
Foreign exchange loss (gain) (227 ) – 8,671
General and administrative 52,310 97,935 902,419
Mineral exploration costs – – 244,593
Write-down of mineral property costs – – 348,221
Total Expenses 52,083 97,935 1,503,904
Net Loss (52,083 ) (97,935 ) (1,503,904 )
Net Loss Per Share – Basic and Diluted – –
Weighted Average Shares Outstanding 68,630,000 68,630,000
(The accompanying notes are an integral part of these financial statements)
F-2
--------------------------------------------------------------------------------
Wolverine Exploration Inc.
(An Exploration Stage Company)
Statements of Cash Flows
(Expressed in U.S. dollars)
(unaudited)
Accumulated from
Three Months Three Months February 23, 2006
Ended Ended (Date of Inception)
August 31, August 31, to August 31,
2009 2008 2009
$ $ $
Operating Activities
Net loss (52,083 ) (97,935 ) (1,503,904 )
Adjustments to reconcile net loss to net cash used in operating
activities:
Write-down of mineral properties – – 348,221
Changes in operating assets and liabilities
Amounts receivable (2,139 ) 1,824 (5,328 )
Prepaid expenses and deposits (3,447 ) – 22,653
Accounts payable 20,683 31,711 259,308
Accrued liabilities – 10,504 58,855
Due to related parties 1,142 35,590 23,945
Net Cash Used In Operating Activities (35,844 ) (18,306 ) (796,250 )
Investing Activities
Bank indebtedness 671 – 671
Acquisition of mineral properties – – (321 )
Net Cash Used In Investing Activities 671 – 350
Financing Activities
Proceeds from loans payable – – 36,000
Repayment of loan payable (15,000 ) – (15,000 )
Repayment of note payable to related party – – (34,000 )
Proceeds from common stock issued or subscribed 49,500 – 820,900
Repayment of common stock subscribed – – (12,000 )
Net Cash Provided by Financing Activities 34,500 – 795,900
Effects of exchange rate changes on cash – 2,000 –
Decrease in Cash (673 ) (16,306 ) –
Cash - Beginning of Period 673 18,990 –
Cash - End of Period – 2,684 –
Non-cash Investing and Financing Activities
Note payable to related party pursuant to mineral property vend-
in agreement – – 34,000
Refundable staking security deposits received pursuant to
mineral property vend-in agreement – – 26,100
Shares issued pursuant to mineral property vend-in agreement – – 340,000
Supplemental Disclosures
Interest paid – – –
Income taxes paid – – –
(The accompanying notes are an integral part of these financial statements)
F-3
Ok thank you, I look forward to hearing about your discovers.
I'm going to be looking at it more this afternoon and evening, and I'll post what I find.
Julian
Nice whats the deal with this one? I noticed they just announce otcbb listing.. =]
It seems to move easy. A little profit taking at EOD brought it back down. Volume on the day was 6.5 times the 10 day daily average. We'll see tomorrow.
Hard to tell as I can not get a chart for it yet.
WOLV - Unknown (OTCBB)
Date Open High Low Last Change Volume % Change
12/16/09 0.0250 0.0425 0.0200 0.0270 +0.0070 821000 +35.00%
In order to properly form an accurate opinion, the equity or
commodity has to have at least six months of trading activity.
LOL that is alright to get ready for the end of the day here.
Or maybe .04. But wouldn't be surprised to see .03 again.
Over,
03
Little bidwacker moving in.
I agree, .05 is next
she went fast for sure and I have a feelin the .05 will go faster also. lol
Up to .0425, .0475 on the ask now.
exactly and I was trying to follow your lead but ameritrade had no symbol activated here. lol
That should help, lol. Volume way up here today. Close to 5 times the 10 day daily average.
Julian
Ameritrade now has the WOLV symbol open to trades, seems it was not turned on there yet today.
No posts for two years, news out.
WOLV on the UT Wolverine Announces OTCBB Listing
As of 9:55 AM ET 12/16/09
Wolverine Exploration Inc. (OTCBB: WOLV) ("Wolverine") is pleased to announce that it is now listed on the OTC Bulletin Board under the trading symbol WOLV.
Wolverine is a junior mineral exploration company that owns a 90% interest in 540 mineral claims located in central Labrador, Canada (the "Labrador Claims"). These claims cover roughly 33.5 thousand acres and contain a series of significant copper-gold showings. Mineralized sub-crops were uncovered during construction of the Trans-Labrador Highway (TLH). Assay values from these sulphide-stained showings were sampled by Wolverine in 2006 and 2008 and range from 1.38% to 6.4% Cu and up to 0.5 g/t Au.
An airborne electromagnetic and magnetic survey flown in 2007 identified several discrete conductive targets which were subsequently followed up by a prospecting program in 2008. High grade copper in assays were returned from a number of surface grab samples that were coincident with airborne electromagnetic trends, the best assay being 6.4% Cu and 0.5 g/t Au. Ground prospecting continued in these priority areas and included a follow-up of a high natural radio-activity airborne anomaly which was confirmed.
Wolverine recently completed a more detailed prospecting and sampling program on the Labrador Claims in 2009 with the intent of establishing a ground grid for geophysical surveys (induced polarization) in an effort to map out the extent of the disseminated copper mineralization in advance of a drill program. Details on the results of the prospecting and sampling program will be released shortly.
For further information visit Wolverine's website at http://www.wolverineexplorationinc.com/.
On behalf of the Board
Lee Costerd, CEO
I've got a residence for rent in a couple months.It's hard to do,but I would like some quiet,clean couple or single without kids,because it's in my front door.Everbody pray for me.
When you are in Rome,Do as the Romans do.Have you heard of that?
China is not as far away as some would think,with today's technology.
Hammer,Your cousin died today.He had cancer,the fast kind.
You ever heard the old saying "walk a mile in the other mans shoes"?
I don't know what happened.I will be on gaurd from now on.
Today (7-4-07)IT'S MY BIRTHDAY,HAPPY BIRTHDAY ME.I FEEL LIKE I'M ONE OR TWO,BUT I'M A OLDER THEN THAT.
I had a bet with my friend.Now he says the bet was 10x the amount. I might go ahead and pay him being he's been a good friend.As they say what are friends for.
Mounting losses threaten NetWolves
bizjournals.com (Tue, May 15) Maybe they could start makeing money at some point being they have lost money for so long.
I wonder if I paid more than the bill,would they issue a credit?
I don't know whether to pay the debt colletors d.r.s. or not. you think I should? phone service.
I'm as trustwothy as anyone on the boards.As far as honest%Idon't keep 2sets of books to hide monies from the family! I've decided that I will start laughing instead of letting my anger (which is a simptom of Chemical sensitivity} Take control.
I feel like I'm doomed and damned.I don't know if I'm prey or ought to pray.
I've been down in my back and they tell me the gas well that I own is produceing too much gas for the pump,you ever heard of that?Oh,wolv management stinks.sorry about the anger.I just get flushtraded when I'm all alone!
The first time that I ever visited G.E.,the first man I met in the hall way was Jack Welch!
would be hope if WOLV landed a huge contract.
Just wondering,can you tell if this is a laptop I'm on?
I would like to marry my girl friend if she will!
I'm leaving for the beach on friday or satuarday,but I'm confused about leaving.
sounds like I made cursed mad.If I did,I didn;t want to do that.We are haveing a tough time here and Hammer just sits back and laughs.It's not funny when you don't know what or who to believe.I think WOLV is as good as FUEL isn't it?
Realtrader was aka jaybird249...he packed it up a long long long time ago and dumped his WOLVE investment, as did I.
My niece was threatened last night by her adulterous huband named JODY,while he was with his new baby.If he causes her any more pain and suffering than he already has he will deal with me and it want be a good outcome,for him or me.
I have to tell you what happened.Somebody stole a pistol from me some time ago.My crazy friend called me and said (Miss ye gun).You would have thought it was a machinegun to here him talk about it,though I know he will give it back.The crazy thing ask,do trees put out leafs in August?I told him it was according to which COUNTRY.He always gets things ass backwards anyway.I thought it was cute.He also had the balls to throw up to me about turning down a settlement of $50,000 and then ended up with nothing,He didn't know that I was hard headed and when I know I'M right I will fight to the end even if I get beat.
WHERE IS REALTRADER?
My wife said my friend called and said he would call me back.I'll find out about options and puts.
management has been terrible,but I do believe Netwolves will get some BIG CONTACTS.
again about calling companies,by upsettig them and waisting their time,you might even cost them contracts.
I'm thinking about options,calls, and puts.I don't know much about them but they could be important.I will inquire about them.It might be like a gay person comeing out of the closet for me.
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