Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
they are both the government. COMIBOL is the government company that manages the nations resources thru granting concessions. You would file your claims with COMIBOL and they would approve or deny. You then pay them an annual fee for the concessions.
When was that? After the massive reverse that was done?
did you review the financials on this....
This is a shareholder lawsuit waiting to happen. Petty sold a bunch of shares at overinflated prices to private buyers....from the treasury, restricted stock... then on a separate spot in the financials they had the money coming into the treasury at par value...I mean he sold stock as high as .15 cents per share when the market price was at .01. What happened to the money? The company can say that they are not responsible for the actions of Petty... but it was company stock that was issued and it is on the financials.
you guys did not read the financials....
........
What amazes me is that he sold stock out of the treasury for .16 cents a share and it sold for .001 in another part of the financials,with no showing of where all that money went... what amazes me is that his widow stepped in and became CEO, if she inherited an estate she just put it all in jeopardy and how did the SEC attorney sign off on that... it ain't good....
whom is David Lazar?
He died.... read the 3rd quarter report.... he sold a bunch of shares out of the treasury for as much as .16 per share, then in another part it shows that the capital that went into the company accounts was at .001. What happened to the difference??!! There are probably a lot of pissed off shareholders right now that overpaid on that stock.
wow... you could be right...there is allot of pressure on stock... there are no announcements of replacement CEO, based on the financials in place, I do not know how they could get an annual made with the conflicts. Seems like there is a lot of problems with this company from the math not adding up to where the money went to the attorneys and accountants signing off on this. Question is that could the accountants and attorneys be held liable for signing off on such erroneous statements if indeed they are wrong? If this was done with questionable intent, can the corporation be pierced and could they go after Petty's estate and directors? Where the corporate by laws followed or were they circumvented?
did anybody really look at the 3rd quarter financials? It does not add up... shares sold for par value in one part ,but shows the shares sold for as high as .165 out of the treasury.....what happened to the money? He sold about 1.6 million in 2023... did the same kind of fuzzy math in 2022. Unless I am missing something.... this is real bad
Question is what is going to happen to the company now?
It seems you have a big position in this company. You stated you own several hundred million shares.
One could say even a control person. There is no mention of you in the financials.
Were any plans made for succession or is the company going to die.
The operation and agreements in Bolivia, there is about 30 days before the company is late on the annual report .
Who are you speaking to at the company?
I am sorry to hear that. Seems that he was a friend of yours.
My condolences.
It seems that FMNJ is extremely silent. Anyone know how Bill Petty is doing?
It is so quiet....does anyone know how Mr. Petty is in his fight with cancer?
If it is not in the financials they will not be able to convert it....they are sticklers for that now...
Check the financials, because the attorney's that write the letter of opinions and the attorney's for the brokerage houses will confirm all that..
Looks like there is no plan for the company... no videos , no twitter announcements, nothing.
Silence...
the number that is important is what is in DTC.... not issued... the only shares tradeable is whats in the DTC...if it is in stock cert form tough to get those shares deposited without proper documentation and letter of opinion especially in penny to sub penny stocks.. and if it is restricted again lifting the restrictions and getting them deposited double difficult...
From the otc site https://www.otcmarkets.com/stock/FMNJ/security
Authorized Shares
1,990,000,000
01/02/2024
Outstanding Shares
1,803,851,620
01/02/2024
Restricted
1,334,404,526
01/02/2024
Unrestricted
469,447,094
01/02/2024
Held at DTC
129,461,218
01/02/2024
Float
56,570,568
08/31/2023
Tweet them for a clarification....
It is so vague, they don't ell us anything... how long did it take them to produce the gold, how many tons of tailings did they go thru, what is the cost per ounce of production.... what is the agreement, is the gold shared after the expenses... what is the net to FMNJ, ? Questions galore not to many answers, are they going to quit pressuring the stock now... yesterday hitting a penny shows its them pressuring the dam stock...think about it company loses 50% market cap for 10.00 sale of stock
Really easy... the seller who has been selling and driving the price down offer was not up before the market order was put in...shows you have one seller who is keeping this depressed and crushes this market for next to nothing right now...they don't care...same pattern put a twitter out there and sell into the buying they hope that will be produced by the twitter....
Use logic to figure this one out.... hmm....
who would have a cost of close to 0 and could sell at these prices.
Short list it.... this is the same seller whom sells every month and crashes the bid...
Quit being vague and be specific, how is it interesting? How is it funny?
I suggest that you ask Bill that.... reply to his twitter and ask him...
https://www.bizapedia.com/az/rockin-g-gold-llc.html
ROCKIN' G GOLD, LLC is an Arizona Domestic LLC filed on August 21, 2023. The company's filing status is listed as Active and its File Number is 23571580.
The Registered Agent on file for this company is Eric Gemelli and is located at 2658 N. Heritage St., Buckeye, AZ 85396. The company's principal address is 2658 N. Heritage St., Buckeye, AZ 85396.
The company has 1 contact on record. The contact is Eric Gemelli from Buckeye Maricopa County.
Why are you making so many posts? You can make one post and say your peace in a day...but to make so many one word posts... Why?
Small gold sale... How much is a small gold sale... when was this gold produced? What is the gold yield per ton of the tailings? Is it worth moving forward on this project, how much tonnage per day is needed to make it profitable... how much gold produced makes it profitable? How are the agreements set up... Is there profit distribution after operating expenses of the mine or is just a distribution on the gross? They should know if it is feasible at this time based on their production numbers and amount of material processed. What are the break even numbers ? Forward to Petty and Crew... The offer is now at .0049.
yeah... the sellers aren't too smart... I think they are insiders or selling for the company, who else could sell at these levels... and they keep undercutting each other. They have been doing it all year long. No volume and they still undercut each other... It would be funny if it was not so sad..
Jump to what?
When insiders are selling at these levels... not to promising...
That may lead to some bad karma....they would be much better off producing gold...be self supportive and doing a share buyback.... but he made a living off hype with no results... I am actually hoping he performs for once.
You are missing the point, first of all who could sell at these points?
Why the heck would you sell at these levels? The last three months, Got a seller who constantly hits the bid... same time every month....
No Issue, Seems like a big issue... prices is cratering.... Petty and company trying to pay their bills..
....... ugh!!
short lived, it was before the seller put their offer out there. who can sell at this sub penny level?
Hopefully the price movement will move upward, there is only 2 offers out there... this one and the one at .0098. It would seem that it would not take much to move it up, but it looks like the seller wont allow it to move up...
They just won't let the stock breathe... constant pressure.... the bid recovers a little bit and they crush it... I doubt if this ever sees a penny again without a reversal. Next stop will be another reversal...he will give a bunch of bs for it... but the bottom line is it is due to his mismanagement of the capital market.
Great!! Would be nice if the company could be self reliant and quit pressuring the stock.
Be nice if this could get back to the .03-.04 range. A fully reported pink selling at .004 with operations is crazy.
Tell us what is interesting about it? I don't do twitter....
WAITING FOR THE AWESOME .... .004 BID...looks bad right now.
I guess there is nothing to report and what is going on... i was hoping this would start moving upward...