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Plateau Mineral Development, Inc. (PMDP) RSS Feed

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OTC Pink Current / Common Stock
OTC Pink Current Logo

 

 
 
 

Welcome !

 

 We have updated our New Website to reflect

 

our

 

New 2011 Business Plan

 

 

 

 

We will be periodically updating to properly

reflect our progress in the

Precious Metal business

 






 

 Plateau Mineral Development, Inc. PMDP

  • 1710 Crosswinds Landing
  • Fort Walton Beach, FL, 32547
  •  

Transfer Agent
Legal Counsel
Investor Relations
Old Monmouth Stock Transfer Co., Inc
 
 
2234 N. Federal Highway
Boca Raton, FL, 33487
United States

 
 
 
24 E. Pennsylvania Ave
Bel Air, MD, 21014
United States

 
200 Memorial Parkway
 
 
Atlantic Highlands, NJ 07716
 
 
1-732-872-2727
 
 
 
 
 
 
 
 
Business Description

Plateau Metals provides precious metal shipping, access to production, transaction underwriting, and related services. Plateau operates across the world through its agents and offers service to multiple jurisdictions. Plateau offers complete solutions to buyers and sellers of precious metals that include storage, shipping, and transaction underwriting and arbitrage.
Plateau also acquires, develops, integrates and operates strategically aligned precious metal assets in worldwide markets where expansion is planned through additional investments to support organic growth; thereby providing significant revenue, and equity growth.
The company's operations are distributed across multiple international time zones with executives and agents located in client-appropriate locales. The company's website is www.plateaumetals.com .

 
 
 
 
 

1

Highlites of Initial Disclosure Statement PMDP.PK As of December 31, 2010

PLATEAU MINERAL DEVELOPMENT INC.

I. The exact name of new issuer

Plateau Mineral Development, Inc

.

Previous Names and Dates of Name Changes:

Aug. 2008: American Food Holdings, Inc. to Plateau Mineral Development, Inc.

Apr. 2007: Du Fox Holding Corp. to American Food Holdings, Inc.

Dec. 2006: CRP Holding Corp. to Du Fox Holding Corp.

Nov. 1997: Boca Raton Capital Corporation to CRP Holding Corp.

Sep. 1989: Mariner Corporation to Boca Raton Capital Corporation

Jan. 1988: U.S. Tech, Inc. to Mariner Corporation

Jan. 1987: Originally incorporated as U.S. Tech, Inc.

II. The principal executive office of the issuer:

81 Oxford St

London W1D 2EU

United Kingdom

TEL: 1.917.463.3364

FAX: 44 (0) 208 338 0655

The Company's web site is:

www.plateaumetals.com

III. The jurisdictions and date of issuer's incorporation or organization:

The issuer is a Florida corporation, incorporated on January 27, 1987

VI. The exact title class and description of securities outstanding, number of shares and the total amount

outstanding for each class of securities authorized:

Common Stock

- CUSIP number 727634107 , Symbol "PMDP"

Voting common stock

as of 31 DEC 2010 15,000,000,000 shares authorized

with 4,813,891,002 shares issued and outstanding.

;

Preferred Stock

:

Series A voting preferred stock; 5,000,000,000 shares authorized; 5,000,000 shares issued and outstanding    

VIII. The nature of the company's business:

On the 14

with the Plateau Mineral's 2011 Business Plan. All current and unprofitable natural gas operations or opportunities

were divested. In their place the company acquired or is acquiring various precious metal production, shipping,

surety, and arbitrage operations.

Plateau Metals provides precious metal shipping, access to production, transaction underwriting, and related

services. Plateau operates across the world through its agents and offers service to multiple jurisdictions. Plateau

offers complete solutions to buyers and sellers of precious metals that include storage, shipping, and transaction

underwriting and arbitrage.

Plateau also acquires, develops, integrates and operates strategically aligned precious metal assets in worldwide

markets where expansion is planned through additional investments to support organic growth; thereby providing

significant revenue, and equity growth.

The company's operations are distributed across multiple international time zones with executives and agents located

in client-appropriate locales. The company's website is

th of December, the Company announced a new Board and Executive team will be announced, togetherwww.plateaumetals.com .

3

The Company's new operations consist of the following key components:

- Precious metal international shipping and arbitrage

- Risk surety services for trans-shipping and precious metals exchange and arbitrage

- Acquisition and development of precious metal production properties

- Online international marketplace operations for direct purchase, sale, ownership and storage of smaller quantity

precious metals

Prior to this December 14

development and production. The Company had acquired the right to receive a fractional interest in the income from

an oil and gas pipeline to be built in Morgan County, Tennessee (in the Wartburg Basin formation) by Plateau

Mineral Development, LLC and PMD Pipeline, LP. This pipeline had not yet begun producing revenue and was

divested.

1. The Company is a corporation incorporated in Florida.

2. The Company was incorporated in 1987.

3. The Company's fiscal year-end date is December 31.

4. The Company is not nor has been in bankruptcy, receivership or any similar proceeding.

5. The Company changed its operations on 14 December 2010 and now operates under a new

business plan. From late July 2008 to the 14

oil and gas development and production From April 2007 to July 2008, the Company was in

the business of beef jerky production, but those operations were terminated in July 2008.

6. The Company is not currently in default on the terms of any note, loan, lease, or other

indebtedness or financing arrangement requiring the issuer to make payments.

7. The Company experienced a change of control in December 2010 as part of its new business

plan and new planned operations. A new Board was appointed. No other form of control

change occurred. Effective December 13, 2010, the preferred stock holder and former

Director with majority voting control, effected a change in the Board of Directors with the

intent of implementing a revised Business Plan. In July 2008, the Company changed control

to its current management pursuant to a stock purchase agreement.

8. In 2010 there was no increase of 10% or more of the same class of outstanding security. On or

about August 28, 2008, the Company issued a total of 1,000,000,000 common shares to Joe

V. Overcash for control shares. On or about December 2, 2008 the Company issued

320,000,000 common shares to Robert Matthews for control shares.

9. There is no pending, or anticipated stock split, stock dividend, recapitalization, merger,

acquisition, spin-of, or re-organization expect the completion of acquiring the company's new

metals-based operations as part of its revised business plan. Prior events are as follows:

On or about April 23, 2007, the Company performed a 1 for 10 reverse stock split.

On or about August 28, 2007, the Company performed a 1 for 20 reverse stock split.

On or about March 26, 2008, the Company performed a 1 for 100 reverse stock split.

On or about April 12, 2007, the Company entered into an Agreement and Plan of

Reorganization by which it acquired American Food Co., Inc. (a producer of beef jerky

products) in a reverse merger transaction.

On or about September 15, 2008, the Company changed its name to Plateau Mineral

Development Inc.

th, 2010 announcement, the Company's primary activities included oil and gasth of December, 2010 the company was perusing

4

10. There has been no delisting of the issuer's securities by any securities exchange or deletion

from the OTC Bulletin Board

11. There is no current, past, pending or threatened legal proceedings or administrative actions

either by or against the issuer that could have a material effect on the issuer's business,

financial condition, or operations and any current, past or pending trading suspensions by a

securities regulator.

(B) Business of Issuer. Describe the Issuer's business so a potential investor can clearly

understand it. Please also include, to the extent material to an understanding of the Issuer, the

following specific items

Plateau Metals provides precious metal shipping, access to production, transaction underwriting, and

related services. Plateau operates across the world through its agents and offers service to multiple

jurisdictions. Plateau offers complete solutions to buyers and sellers of precious metals that include

storage, shipping, and transaction underwriting and arbitrage.

Plateau also acquires, develops, integrates and operates strategically aligned precious metal assets in

worldwide markets where expansion is planned through additional investments to support organic

growth; thereby providing significant revenue, and equity growth.

The company's operations are distributed across multiple international time zones with executives and

agents located in client-appropriate locales. The company's website is

1.

www.plateaumetals.com .The Issuer's primary and secondary SIC Codes;

Primary: 1381 - Investment in oil and gas wells and properties

Secondary: 3590 - Industrial

2. If the Issuer has never conducted operations, is it in the development stage or is currently

conducting operations;

The Company is in the development stage.

3. If the Issuer is considered a "shell company" pursuant to SEC Rule 405 of the Securities

Act of 1933;

The Issuer is not now, or has ever been, a "shell company" pursuant to SEC Rule 405 of the

Securities Act of 1933.

4. State the names of any parent, subsidiary, or affiliate of the Issuer, and describe its business purpose, its

method of operation, its ownership, and whether it is included in the financial statements attached to this

disclosure;

None.

5. The effect of existing or probable governmental regulations on the business;

None anticipated.

6. An estimate of the amount spent during each of the last two fiscal years on research and development

activities, and, if applicable, the extent to which the cost of such activities are borne directly by customers;

The Company has spent an estimated $35,000 on oil and gas research and development over the last two fiscal years

7. Cost and effects of compliance with environmental laws (federal, state and local)

The Issuer is not producing any products that are hazardous to the environment and does not foresee any changes

that could adversely affect the environment. The Issuer is not subject to compliance with any federal, state or local

laws.

8. Number of total employees and the number of full time employees;

5

The Issuer currently has 10 full-time employees, 3 part time employees 5 Distributor/Agents.

XI.

MANAGEMENT STRUCTURE AND FINANCIAL INFORMATION

Officer and Directors:

6

Name: Mark Appleton, Chairman

Employment History:

precious metals, and ore shipping industry. 2000-2011 acted as owner and direct of Apple Ore Consulting, a private

international consulting group.

10 plus years experience in as a private consultant and operations director for the mining,

Responsibilities: Corporate Supervision

Business Address: 78 York Street, London, W1H 1DP, United Kingdom

Name: Brian Burley, Director

Employment History:

National Bank, Sheffield Financial and Woodforest National Bank. 1986-1988 Served in the US Army, Honorably

Discharged, Rank E4.

20 plus years experience in Financial Management with such companies as First Union

Responsibilities: Corporate Supervision

Business Address: 78 York Street, London, W1H 1DP, United Kingdom

Name: Anthony Welch, Interim Director

Business Address: 78 York Street, London, W1H 1DP, United Kingdom

Employment History: Served as acting Chairman and CEO of Chromocure, Inc since from 2007 to 2009.

In May 2004, Mr. Welch served as Director for Encore Energy Systems, as company in the business of

providing energy conservation solutions. In March 2004, Mr. Welch served as Chairman of Modern

Technology Corp, a company in the business of acquiring specialized assets and technology. Mr Welch

provides executive support and business development services to various companies and clients and may

serve as either a Director, Consultant or both to public or privates companies from time to time.

Responsibilities: Corporate Supervision

Common Shares Percentage (%)

Mark Appleton, 0%

Brian Burley, 0%

Anthony Welch, 0%

Preferred Shares Percentage (%)

Mark Appleton, 0%

Brian Burley, 0%

Anthony Welch, 0%

As of December 31 2010, Mr. Appleton, Mr. Burley, and Mr. Welch have no compensation agreements with the

Company.

B. Legal/Disciplinary History

: None.

C. Disclosure of Family Relationships

: NONE.

D. Disclosure of Related Party Transactions:

NONE

E. Disclosure of Conflicts of Interest: NONE

XII. FINANCIAL INFORMATION FOR THE ISSUERS MOST RECENT FISCAL PERIOD

7

The financial statements for the two years ending 31 DEC 2010 have been separately filed with the OTC Disclosure

Service and are hereby incorporated by reference.

 

XVII. List of the securities offerings and shares issued for services in the last two years:

NONE

XXI. Issuer's Certifications:

I

1. I have reviewed this initial disclosure statement of Better Energy Concepts Corporation.;

, Mark Appleton, President and Director, certify that:

9

2. Based on my knowledge, this disclosure statement does not contain any untrue statement of material fact or omit

to state a material fact necessary to make the statements made, in light of the circumstances under which such

statements were made, not misleading with respect to the period covered by this disclosure statement; and

3. Based on my knowledge, the financial statements, and other financial information included or incorporated by

reference in this disclosure statement, fairly present in all material respects the financial condition, results of

operations, and cash flows of the issuer as of, and for, the periods presented in this disclosure statement.

MARCH 3, 2011

 

Mark Appleton, Chairman

/s/ Mark Appleton
 
Financial Reporting/Disclosure
Reporting Status Alternative Reporting Standard
Audited Financials Not Available
Latest Report Mar 09, 2011 Initial Company Information and Disclosure Statement
Regulatory Agency Not Available
CIK 0000811220
Fiscal Year End 12/31
OTC Market Tier OTC Pink Current
Profile Data
SIC - Industry Classification 1040 - Gold and Silver Ores
Business Status Development Stage Company a/o Oct 22, 2008
 
 
Incorporated In: FL, USA
Year of Inc. 1987
Employees 15 a/o Jan 05, 2011
 
Company Directors
Mark Appleton Chairman
Anthony Welch Dir.
Share Structure from Pinksheets
Market Value1 $2,158,778 a/o Apr 19, 2011
Shares Outstanding 10,793,891,002 a/o Mar 03, 2011
Float 507,685,553 a/o Mar 03, 2011
Authorized Shares 15,000,000,000 a/o Mar 03, 2011
Par Value 0.0001
Shareholders
Shareholders of Record 700 a/o Mar 03, 2011
 

Annual report 2010   http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=45541

 

Recent PMDP News:   For a complete list of recent news, go to;   http://www.otcmarkets.com/stock/PMDP/news

 

  NEW YORK, NY, Feb 15, 2011 (MARKETWIRE via COMTEX) -- Plateau Mineral Development, Inc ("Plateau Metals"). (PINKSHEETS: PMDP) announced it secured purchase and origin shipping financial guarantees for $20,000,000. This amount is expected to fully insure and underwrite the Company's monthly gold-dust purchase and origination shipping contract previously announced. This financial surety and purchase underwriting instantly enables the company to begin performance on its purchase, shipping, and resale of bullion under its recently announced contract.

Approximately 1,000kg of unrefined gold-dust will be purchased per month and shipped to the Company's refinery partners in the USA. The final pure-gold product will then be shipped to its purchaser. The company has negotiated favorable and profitable final-sale pricing on the bullion. Destination shipping surety will be provided by the Company's incoming insurance operations, BEEMA.

The original agreement called for $25,000,000 per annum. The Company's opportunity under this contract has expanded. Updated revenue and profit projections, including insurance details on sales-shipping for the post-refine sale of bullion, will be released Thursday.

 

NEW YORK, NY, Feb 25, 2011 (MARKETWIRE via COMTEX) -- Plateau Mineral Development "Plateau Metals" (PINKSHEETS: PMDP) announced today it has activated its account with the OTC Disclosure Service. The company is filing its full disclosure, consolidated financial statements, and legal opinion letter regarding current public information. Upon review by the OTC Disclosure staff, the Company anticipates being issued the highest information status tier of "Current" thereby improving market liquidity and investor access. Disclosures are published pursuant to paragraphs (a)(5)(i) to (xiv), inclusive, and paragraph (a)(5)(xvi) of Rule 240.15c2-11 and the OTC Disclosure Guidelines.

 

 

NEW YORK, NY, Mar 17, 2011 (MARKETWIRE via COMTEX) -- Plateau Mineral Development (PINKSHEETS: PMDP) "Plateau Metals," announced today it has been upgraded to the highest tier of public disclosure rating by OTC Markets to "Current Information" status. The Company's filings can be accessed by the public at: http://www.otcmarkets.com/stock/PMDP/financials

 

NEW YORK, NY, Mar 22, 2011 (MARKETWIRE via COMTEX) -- Plateau Mineral Development (PINKSHEETS: PMDP) "Plateau Metals," announced today it has opened a new purchase, shipping, and delivery route originating from South Africa.

The new source for gold dust and other precious metals will provide origination from South Africa. From there the Company will ship to the USA for refining with final delivery and resale terminating in Europe.

The Company expects to complete final sales, surety, and shipping agreements by 29 March 2011. At which time, revenue projections will be revised upward accordingly.

The Company's value-added service of purchase, refining, and transaction underwriting, provide end-to-end fully insured deliverables for precious metals. The Company consolidated operations and in-house surety and insurance services allow for simpler transaction structuring and higher margins for all parties.

 

 

 

 

NEW YORK, NY, Mar 29, 2011 (MARKETWIRE via COMTEX) -- Plateau Mineral Development "Plateau Metals" (PINKSHEETS: PMDP) announced today its live gold and silver trading platform as part of its 2011 business plan roll-out. The company's trading platform is part of its previously published business operational plans.

The new electronic market will allow small and large precious metal traders to purchase and store silver and gold bullion using an online secure interface. The Company has combined various 'white label' agreements with market trading service providers, banks, and bullion storage providers. The Company will achieve further cost and operational efficiencies through offering metal in its direct possession or in transit across its multiple transship/refining routes.

The Company will leverage its preferred pricing on metal acquisition to offer customers worldwide with savings, superior delivery, and storage options. Because all transactions and metals are fully insured and underwritten by the company's surety operations, customers are assured of superior pricing, delivery, bullion delivery, and audit guarantees.

The trading platform is scheduled to open, worldwide, on April 30, 2011.

The Company will soon announce a private-label trading-partner program allowing both industry and financial partners to leverage the Company's infrastructure and offer a trading platform under their own brand to their customers. This planned program is part of the Company's international expansion plans through relationship with industry and financial institutions.



NEW YORK, May 5, 2011 (PRNewswire via COMTEX) -- Plateau Mineral Development, Inc. ("Plateau Metals") (PINKSHEETS: PMDP) announced today that it welcomes the addition of Auric Mining Company ("Auric", AUMY:PK) to the Homestead Gold and Silver Corp. Joint Venture for the development of the St. Kevin Mine located near Leadville, Colorado.

Plateau Metals had recently announced the signing of a Joint Venture Commitment Agreement with Homestead Tonopah Gold LLC to develop the St. Kevin Mine property; and the addition of Auric Mining Company strengthens the team and resources available to successfully complete an ambitious 2 year drilling program that is intended to extend the proven gold and silver reserves on the property by as much as ten times which would value the resource at approximately $1 billion based on current prices for the precious metals.

Auric Mining recently announced the signing of a Letter of Intent (LOI) regarding the acquisition of Homestead Tonopah Gold LLC with the intent of partnering with Homestead and Plateau on the St. Kevin Mine development. The combination of Homestead, Auric and Plateau will provide the necessary expertise, financing, facilities, equipment, technology, and resources that are required by the size and scale of the St. Kevin mine project. The companies are also currently exploring additional opportunities.

The St. Kevin Mine is registered under the claim name St. Kevin, claim number 3364 and covers 10.33 net acres. It was discovered in 1883 and is located approximately 7 miles northwest of Leadville, Colorado and 3346 meters above sea level. The site was initially operated continuously for 10 years and several times after that period.

The Company expects to make further details available regarding the Joint Venture and drilling program as the schedules and timetables are finalized.  

 

 

NEW YORK, June 17, 2011 (PRNewswire via COMTEX) -- Plateau Mineral Development, Inc. ("Plateau Metals"). (Pink Sheets: PMDP) announced today it has executed a Letter of Intent (LOI) to fully acquire the Little Prince Mine Property from Homestead Colorado Gold Corp., a subsidiary of Homestead Gold and Silver Corp.

The acquisition, which is anticipated to close within thirty (30) days, will coincide with a complete change of operational focus and replacement of all current officers and directors; and represent the second major Agreement in the Mining Sector. The Company will focus entirely on precious metal mining and production. All prior operations will be sold or discontinued. Updated corporate financials and related filings will be posted concurrently with execution of definitive agreements for the acquisition.

The Little Prince Mine, originally part of the Standard Metals Group of mines, is situated on the north western slope of Breece Hill, Leadville, located in the extremely rich silver belt in Colorado. Past production results and historical data indicate the mine can be expected to produce between .005 - .27 per ounce of gold per ton, and from 1.8 to 14.7 per ounce of silver per ton, making it very attractive economically based on current prices of the metals.

Based on planned mining and exploration programs, the Little Prince Mine is anticipated to produce up to 1 million ounces of gold, 50 million ounces of silver, together with bismuth, a strategic rare mineral; totalling more than $3 billion of potential production.

The Company expects to make further announcements relating to the redeployment of operations and assets to the Mining Sector, together with progress on its mining acquisitions and joint venture development projects.

The Company had recently announced the signing of a Joint Venture Commitment Agreement with Homestead Tonopah Gold LLC to develop the St. Kevin Mine property; and the addition of Auric Mining Company to strengthen the team and resources available to successfully complete an ambitious 2 year drilling program that is intended to extend the proven gold and silver reserves on the property by as much as ten times, which would value the resource at approximately $1 billion based on current prices for the precious metals.  

 

 

  

 

  

 

 

 

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