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It can reapply...
Anyone with news here. New director and latest filing.
Increasing the float to be capable to issue new financing and or negotiate new deals... IMO
Asher entreprise has a debt to convert... But at what price and when? They may decide to hold on this time around and delay the conversion... If management can make a deal to delay the share conversion and sell off till some serious news is out so at least less shares will be issued at today's share price...IMO
The request to increase the float is a sign of new financing or deals to come IMO
The company needs to make some announcements
Last week we had News four days in a row... how about this week
Two billions AUTHORIZED but 300 millions ISSUED !!!
The float is maxed right now at 300 millions shares ISSUED
A reverse split can happen after more assets are identified and more cash flow is available...
New website, 10k filed, Quarter filed, registration paid and updated, new CEO, new energy... Next a juicy news release IMO
This stock moves with or without news and can run much higher especially now that the company is getting on track. IMO
Keep watch on the issued shares and not the new float numbers that may not reflect the same results...
Now with the new float, all the major shareholders diluted their shares and may buy more to keep a bigger position... IMO
Terrence Ortslan had resigned before so how come he is still here on the board of directors now? what is he going to do this time around????
But I may call their BLUFF as they may give more money to the company !!!
The only problem I see now is that ASHER ENTERPRISE whoi still have around $80,000.00 dollars of unconverted notes and they decide to dump the shares again and cash out...
The possibilties now are better and positive if the company and its management move forward with a new business plan
The share price is already low and 100% of zero assets = zero so with the dilution now 10% of zero assets = zero also
Relax people it was predictable as the company needs to increase the float to get financing and close some possible deals
Needs some financing to get going to the next step
URAGOLD company has properties in the same region south of Quebec
http://www.uragold.com/McDonald_Project.php
LOL some hit and run... News coming then you come back and buy some more
QUARTER REPORT IS DUE ON MAY 15TH
Stakeholder Engagement
Because no one can achieve their goals in a community that fails, Shamika2Gold ensures that we contribute to the socio-economic development of our host communities. With this said, we work in two main areas:
•We co-operate with local governments to help them improve the social and economic well-being of residents.
•We strive to provide local people with lasting benefits that enhance their overall situations through initiatives that bring value to their communities.
Moreover, Shamika2Gold respects the identity, social, and cultural heritage of the people in all parts of the world where the company has a presence. Therefore, all corporate decisions that may imply change to a community are based on a deep understanding of its cultural values and traditions.
We believe that ongoing dialogues with our community stakeholders remains one of the most effective tools we have to address these aspects of our business. Public meetings and citizen committees provide valuable opportunities for sharing and learning for both local residents and for Shamika2Gold. Comprehensive stakeholder engagement throughout our activities is the cornerstone to establishing and maintaining long-term community support for the company’s operations. Stakeholder identification and analysis, along with transparent, inclusive, and ongoing interactions and appropriate community feedback mechanisms, help to build trust among our stakeholders. Because we have operations in many countries around the world, our key stakeholder groups can vary from site to site. Typically, our stakeholders include:
•Employees and their families
•Local communities, most of which are located in rural areas neighboring our operations
•Governments – local, regional, national
•Shareholders
•Non-governmental organizations
•Not-for-Profit organizations
•Indigenous communities
•Industry Associations
•Labor unions
•Suppliers and contractors
•The global investment community including funds managers, individual investors, and socially responsible investment groups
Constructive engagement with our stakeholders is a critical element in our commitment to responsible mining. As global populations become increasingly connected, we are developing more effective ways of keeping people informed and receiving feedback. We maintain open, transparent communication in a number of ways.
Our regional offices and mining operations use public information meetings (both regularly scheduled and ad hoc), open houses, site tours, community and employee newsletters, web-based communications, both formal and informal question and answer mechanisms, and one-on-one discussions.
The company will also distribute a "Responsibility Report" (with a feedback card), which provides web-based communications and reporting on key issues, distributes news releases to media, and produces a quarterly Shamika2Gold employee newsletter.
At Shamika2Gold, we believe in responsible business. That’s why we consider ethical, environmental, and social issues from exploration to production.
Expect the Quarter report that is due tomorrow
That was my million... Still loading up at these prices...
The photo is great !!!
Thanks Bro ... But you don't know the whole story behind the scenes and that is why I am frustraded here. Some people are not honest and devious... I am waiting for their next move and will make my decision accordingly.
I still believe in the potential here and may have some influence in the turnaround of the company and some changes that occured...
I am waiting for the next news releases to see what is really happening behind the scenes.
I wonder how many preferred shares will be issued and who is getting them !!!
I am not bashing but actually I am fed up with the attitude of management and the way things are done behind the scenes that should or could be reported but nothing is out yet. WHY???
I wonder about the claims that were expiring in Quebec... 23 claims where given last year and some need to be renewed by end of april 2012
Material changes have to be reported... but this company has a special status of reporting to the man in the mirror only
IMO Last president was taking over $30,000 income on a monthly basis... I think if we add the cost of living forever and the increase in quebec sales taxes plus the tax on gaz and now for the famous tuitions increase in quebec that makes at least an income of $50,000 plus some freshly issued preferred shares and some options if they push for some...
Now check the work opportunities that are posted on the website. I think we can all apply at that rate...lol
The new President added some consulting fees to the last financials out of nowhere and I mentioned it earlier some $33,000 from a formal agreement back in october to december 2011.
How much will his bill be for the four man show this time? just write a check with the noney you got from somewhere and that was not reported yet so we cannot trace it!!!!! we are doomed here IMO
You should call the president and ask questions IMO
I think the QUARTER REPORT is due on the 15th of may
Many changes in the website but with no news... Check the new collaborators added recently out of nowhere... shhhhhhh keep quiet and don't tell anyone because the share price might go up if they announce some juicy news IMO LOL
How the make decisions in a board with two people??? take the money and run operation IMO
This company management does not make news for many material changes they did already... Now it is a ONE MAN SHOW
The president is also the treasurer and secretary and director and there is only one director in europe. So quorun is easy to have as FOUR in ONE man is present.... I move to get paid and the other THREE identities in one person, second the motion...All in favour !!!!! carried...where is the check it is written by the left hand and signed by the right hand.... I am taking lots of notes here
Actions\Amendments ???????? ISSUING PREFERRED STOCKS ????
Action Type: Designation
Document Number: 20120328976-00 # of Pages: 8
File Date: 5/9/2012 Effective Date:
SERIES A PREFERRED STOCK