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Allow me to remind all of you: Edward Laborio and Jonathan Fraiman are CONVICTED CROOKS.
It is interesting how "the market" seems to know things before something actually happens. But, aren't WE the market???
Well, that is interesting. Is something actually starting to happen? With gold in the dumps???
Too bad gold has found a hole to sink into! It doesn't make it any easier to resurrect this thing.
Edward Laborio and Jonathan Fraimann are STILL crooks. The SEC tagged them for being VERY naughty.
Anybody know what happened to the money? ANY accounting of the funds?
Let us not forget who the scammers are: Edward Laborio and Jonathan Fraimann. Remember the bumbs! Financial SCUM!
So, Jonathan Fraiman gets off without paying the penalties because of his signed and sworn statement of financial condition???? He is a LIAR and they take his sworn statement as true???? I think they should investigate where he hid anything he had.
THANK YOU for that info Renee.
This just in:
Charges have been filed against defendant(s) Edward Laborio. The lead prosecutor for this case is Vassili N. Thomadakis. The main charge is categorized as Securities Fraud. You may view the charges on the VNS web site at www.Notify.USDOJ.gov.
RBRM was purchased for the shell it provided and LGBI may go the same way. The value of the shell? Unknown at this time.
Unfortunately, RBRM is gone. Done. LGBI now has the company (shell) which is at least worth something.
The big question is: "What happened to the money?" I understand that some money was paid for property leases, but there was supposed to be money to buy equipment for the quad model. Where is the report to shareholders???? Good or bad, where is the report?
Has anybody checked with the SEC lately? I will not let Edward Laborio or Jonathan Fraiman rest!
Apparently, all is not lost. Operations continue on a slim budget that anticipates progress to production in a year or so, still using the QUAD Model produce actual GOLD for sale. None of the old fashioned 4-8 year wait for production. The vision appears to be a partnership with others that will use the Lion Gold model for production.
They are working on removal of the stop sign on the stock symbol.
EddyLaborio.com, edlaborio.com, eddielaborio.com, laborio.net, etc., etc. are ALL websites used to pass by the CROOKED THIEFS that Ed Laborio and Jonathan Fraiman are.
I tried. When our company officer do not return calls, where do you go for info???
I think this was structured by Christopher Esposito so that he and his brother could cash out on some of his millions of shares BEFORE others could get deposited shares cleared. I have no evidence, but it sure looks that way. I've tried to get some answers from R. Abraham in Brazil but no response. Were they all out to screw us???
I would appear that I've already bent over. The company has not responded to my request for a copy of the term sheet which I hope had some answers. This is not at all the way it was described.
Ya think????
How can this be?
So, does this mean that Christopher Esposito took us to the cleaners and emptied our pockets?
Memorial Day: let's remember that Jonathan Fraimann and Edward Laborio stole the money.
Have you seen this??? Ed Laborio is pawning himself off as a wonderful philanthropist! http://edwardlaborio.com/
He has developed several websites that search engines pick up BEFORE the sites that disparage him for his illegal activities. You have to look several pages into search results to find the BAD NEWS about Ed Laborio and Jonathan Fraiman. Laborio did plead guilty according to one site.
Did you know? ALL the gold on earth is imported from... outer space!
Yes, about 4.5 billion years ago, during the asteroid bombardment period. That is why the pockets of gold are relatively confined... and rare. Knowing how to find those locations is critical.
This current sell-off in gold is only temporary. Gold production throughout the world, since day one, would fill 2 Olympic size swimming pools. That's it. It is rare and valuable. The major currencies of the world are under pressure. I do not know which currency has been around the longest, but the US dollar is close to tops. And no fiat currency ever survives without being backed by gold or silver. Ever. NEVER EVER.
The only thing we don't know is the timing. It will either: 1. Fail, 2. Be backed by gold, or 3. Be replaced by gold. History proves it. Every currency, every time.
Good luck with that. This company does not seem to be one of those that tries to do multiple news release to promote the company. I think they are busy working :)
I know. I was just checking to see if anyone stays with this story.
I actually like this strategy a lot! It is the quad mining model which sets them apart and gives them a leg up on the competition for extracting gold from the trailings of other projects AS WELL AS production of new deposits.
Oops, I should have checked before posting. New news is available today. They are switching to joint ventures for the quad mining model.
My guess is that Blaine Riley was compensated by a large shareholder that didn't want to wait for real news to move the stock. But, that is just my guess. Real news will be coming soon.
There is more to this story. Hang in there for a short time at least.
You are being told by "WHO" that the shares are being distributed that way????
It is too early to have any production figures. They are still setting up production and analyzing data. The gold will be produced. It is there, shown in earlier testing. This is not one of those "hope to find gold" dreams. It is there and fairly cheap to get. Actually striking a big find would just be topping on the cake.
Obviously, somebody tried to use a PR company to pump the stock. That is why, all of a sudden, there was such an increase in postings by about 3 people, then not much again. Well, at least it got a little interest but not much increase in stock price. I think somebody needed to liquidate a pile of stock fast so that is how they kept it from tanking completely. I'm glad we seem to be past that phase.
The company will be releasing news, not an IR company.
Expect an announcement from the company soon. Either those jumping ship will be sorry or they will look smart. Soon means mabye today.
UP 900%!!!!!!!!!! It traded again today! Volume up over 100%!
Almost feels like something.
Management owns a lot of the stock so they won't just let this go down. It may not look like they've done anything, but that is pretty much how I would expect it to be at this stage of the game. Mining has not yet started. It takes some time, money and effort just to get an operation like this up and running, which is why the company was financed with stock. Now they are putting it all together. It wasn't that long ago that they put the deal together with the company in China to provide the essential equipment for their "QUAD" model. Give it a little time to get going.
The stock traded today at $0.0005! It traded! 266 shares at .0005 = $0.10.
A low cost trade is $7.00
Good investment :)