The company they just "bought" a 49% interest in, Mabwe Minerals Zimbabwe, didn't even exist before. If you look up the address, it's for a company called, AFRICAN LINK IMPORT & EXPORT. There is NO information available for Mabwe Minerals Zimbabwe.

The person signing the share exchange papers for Mabwe Minerals Zimbabwe is, Asswell Africa Gurupira. One of the three directors and major stockholder of the RRHI and also its "majority owned subsidiary", MBMI, is Tapiwa Gurupira. Tapiwa Gurupira is also the 51% owner of RRHI affiliate, TAG Minerals Zimbabwe.

RRHI previously bought Ontage Resources from Tapiwa Gurupira for 5,000,000 shares of RRHI when it was at 0.03. The stock popped up to 0.045 afterward. According to the latest SEC filings, Tapiwa no longer owns those 5,000,000 shares.

Ontage seems to have had no real operations and its only asset was a 10% stake in Slashwood mining. In the last year, that 10% stake has produced zilch. But...since TAG-Z owns Ontage and RRHI only owns 49% of TAG-Z (the other 51% is still owned by Tapiwa Gurupira) RRHI really only owns a 4.9% stake in Slashwood and the other 5.1% is owned by Tapiwa Gurupira.

Alf, the CEO, CFO and CoB of RRHI and MBMI has said he lacks the "accounting experise" to file the 10Qs on time, so how is he going to keep all this straight?

The parent company Raptor Resources Holding [RRHI]

The 80% owned public subsidiary Mabwe Minerals [MMBI]

The wholly owned private subsidiary TAG Minerals

The 49% owned private subsidiary TAG-Z (which owns a partial stake in Slashwood Mining - so far worthless)

A 49% owned private subsidary Mabwe Minerals Zimbabwe. The Dodge mine operation is supposedly going to go through them.

I suppose with all of the above, Alf got confused and that's why he PAID Gurupira to take 51% of the Dodge mine operation off the company's hands. { 8^D

Not an "insinuation" but a statement of fact. The last time I checked, Alf was listed as the CFO. That's short for Chief FINANCIAL Officer.

According to Alf.....

I think that may me a large part of the company's strategy.....Baffle 'em with BS!

With so many reporting and non reporting, cross-connected entities, it will be impossible to for anyone to actually follow.

The company they just "bought" a 49% interest in, Mabwe Minerals Zimbabwe, did not even exist before. If you look up the address, it's for a company called, AFRICAN LINK IMPORT & EXPORT. There is NO information available for Mabwe Minerals Zimbabwe.

The person signing the share exchange papers for Mabwe Minerals Zimbabwe is, Asswell Africa Gurupira. One of the three directors of the RRHI and also its "majority owned subsidiary",MBMI, is Tapiwa Gurupira. Tapiwa Gurupira is also the 51% owner of RRHI affiliate, TAG Minerals Zimbabwe.

RRHI previously bought Ontage Resources from Tapiwa Gurupira for 5,000,000 shares of RRHI when it was at 0.03. The stock popped up to 0.045 afterward. According to the latest SEC filings, Tapiwa no longer owns those 5,000,000 shares.

Now Ontage seems to have had no real operations and its only asset was a 10% stake in Slashwood mining. In the last year, that 10% stake has produced zilch. But...since TAG-Z owns Ontage and RRHI only owns 49% of TAG-Z (the other 51% is still owned by Tapiwa Gurupira) RRHI really only owns a 4.9% stake in Slashwood and the other 5.1% is owned by Tapiwa Gurupira

Alf, the CEO, CFO and CoB of RRHI and MBMI has said he lacks the "accounting experise" to file the 10Qs on time, so how is he going to keep all this straight?

The parent company Raptor Resources Holding [RRHI]

The 80% owned public subsidiary Mabwe Minerals [MMBI]

The wholly owned private subsidiary TAG Minerals

The 49% owned private subsidiary TAG-Z (which owns a partial stake in Slashwood Mining - so far worthless)

A 49% owned private subsidary Mabwe Minerals Zimbabwe. The Dodge mine operation is supposedly going to go through them.

I suppose with all of the above, Alf got confused and that's why he PAID Gurupira to take 51% of Dodge mine off the company's hands. { 8^D

The company they just "bought" a 49% interest in, Mabwe Minerals Zimbabwe, did not even exist before. The person signing the share exchange papers for Mabwe Minerals Zimbabwe is, Asswell Africa Gurupira. One of the three directors of the RRHI and also its "majority owned subsidiary",MBMI, is Tapiwa Gurupira. Tapiwa Gurupira is also the 51% owner of RRHI affiliate, TAG Minerals Zimbabwe.

RRHI previously bought Ontage Resources from Tapiwa Gurupira for 5,000,000 shares of RRHI when it was at 0.03. The stock popped up to 0.045 afterward. According to the latest SEC filings, Tapiwa no longer owns those 5,000,000 shares.

Now Ontage seems to have had no operations and its only asset was a 10% stake in Slashwood mining. In the last year, that 10% stake has produced zilch. But...since TAG-Z owns Ontage and RRHI only owns 49% of TAG-Z (the other 51% is still owned by Tapiwa Gurupira) RRHI really only owns a 4.9% stake in Slashwood and the other 5.1% is owned by Tapiwa Gurupira

Alf, the CEO, CFO and CoB of RRHI and MBMI has said he lacks the "accounting experise" to file the 10Qs on time, so how is he going to keep all this straight?

The parent company Raptor Resources Holding [RRHI]

The 80% owned public subsidiary Mabwe Minerals [MMBI]

The wholly owned private subsidiary TAG Minerals

The 49% owned private subsidiary TAG-Z (which owns a partial stake in Slashwood Mining - so far worthless)

A 49% owned private subsidary Mabwe Minerals Zimbabwe. The Dodge mine operation is supposedly going to go through them.

I suppose with all of the above, Alf got confused and that's why he PAID Gurupira to take 51% of Dodge mine off the company's hands. { 8^D

A while back I asked if anyone knew what Alf planned to do regarding the Indigenization Laws. WoW answered.....

I don't think we'll see an 8K. I think they'll incorporate it into their overdue 10Q as a way to distract from probably an otherwise dismal report.

It will be "interesting" though, I'm sure.

Do you think they might be using the old "similar name" ploy? I know that's an old, old trick. I'm wondering who they paid to be the front for Mabwe Minerals - Z. At this point, it looks like the market's not buying any of it.

I can't believe it! Did they just PAY someone to take 51% of their largest asset? (Dodge mine, Zimbabwe)

http://ih.advfn.com/p.php?pid=nmona&article=53847139&symbol=RRHI

Oh what a tangled web they're weaving.....

The market's reaction to the news seems to be a veritable FRENZY of indifference.

Nothing has changed. But, the company seems to have given up shares to get someone else to take a 51% ownership stake in Dodge mine?

Hmmmmmmmmmmmm. I wonder how many shares they'd have to give him to take it all? { 8^D

Well, it's mid August and so far the "best" news is, Alf once again could not file the reports on time. Most would not look on that a "good" news but when you've got nothing else....

Perhaps we should cut Alf some slack though. After all, it seems he's new to this as he has never really been in charge of a company with actual operations, has he?

Yeah.....right.....Alf files late again.....

The deadline must have snuck up on him.....again.

It's not like it happens regularly.....like every three months.

https://msbfile03.usc.edu/digitalmeasures/defond/intellcont/BartovDeFondKonchitchki_1%2027%202011_WithAuthors%20v3_SSRN-1.pdf

Excellent news.....just excellent! { 8^D

Alf files yet another NT 10Q.....

Alf files a NOTIFICATION OF LATE FILING once again. Just can't seem to get his house in order, can he. (Literally, it's in HIS HOUSE!) { 8^D

I guess he feels it's better to put of the bad news as long as possible.

Alf files yet another NT 10Q.....

Alf files a NOTIFICATION OF LATE FILING once again. Just can't seem to get his house in order, can he. (Literally, it's in HIS HOUSE!) { 8^D

I guess he feels it's better to put of the bad news as long as possible.

Another dismal 10Q due out.

Or perhaps, another just NT 10Q.

I doubt that it matters much. After all, is anyone really expecting anything good?

There certainly hasn't been much demand for either stock, even at these prices. Too many conflicting statements. Way too many unkept promises. Way, way too many obvious deceptions.

Perhaps they'll have a little more luck now with Mabwe Minerals.....Fresh coat of paint, new name, new list of "prospects"....

The only problem is that it has taken so long. That has given people too much time to investigate and avoid "impulse buying".

By the way,

Lantis Laser's swan song? Is the dental unit finally going away? Are they just going to let it slip into oblivion? They are still paying Baron and Gimbel ..... but for what? According to the company.....

"We were developing our Optical Coherence Tomography ("OCT") Dental Imaging System as our first product but have suspended further development..."

"To date, we have not generated any operating revenues, nor have we generated operating revenues since our inception in February 1998. Development of our OCT and NIR dental imaging products by our wholly owned subsidiary , Lantis Laser, Inc., can only recommence upon adequate funding being found to complete development and after receiving FDA clearance to market. Our other wholly subsidiary, TAG Minerals Inc. has not yet commenced its mining activities and it has not yet received any revenue from its 10% acquisition of Ontage Resources Inc."

"On January 1, 2008, the Company paid minimum annual royalty fees of $20,000 for 2008. (To Lawrence Livermore}

On February 18, 2009, the Company and Lawrence Livermore entered into an Amended License Agreement, which has been amended nine times, most recently in Amendment Nine dated June 23, 2011 whereby, the Lawrence Livermore extended the due dates of the minimum royalty fees for 2009 ($20,000), 2010 ($20,000), 2011 ($20,000) and 2012 ($20,000) until June 30, 2012 and The remaining minimum royalty fees for 2013 and thereafter are due as follows: 2013 ($60,000) due February 28, 2013; 2014 ($100,000) due February 28, 2014; and 2015 and thereafter for the life of the Agreement ($250,000) due February 28, 2015, and February 28 of each year thereafter for the life of the Agreement.

The $60,000 that remains outstanding to Lawrence Livermore is accrued for as of March 31, 2012."

As of June 30, 2012, that outstanding balance was $80,000 and DUE! IF they can get another extension, that amount will balloon to $140,000 next February. With the expenses of Baron's and Gimbel's salaries and cars on top of that, I don't see how the company can afford to keep the unit.

They apparently sold $95,000 worth of stock last quarter (wonder what the discount was on that!) but still only had just over $5,000 left at the end of the quarter. They spent that and more on the last failed pump campaign.

Well, they've shut down the old LLSR operations. No further R&D is being done and they're storing everything in Gimbel's garage. What they have posted on their website conflicts with what they have said in SEC filings.

I think they may be trying to sell off the Lantis Laser operation as they have said they want to become a "pure play in the natural resources and hard asset sector". That is impossible as long as they still have an interest in the dental play.

If they ever start "sellin rocks", I'll be a little surprised. I think the true intent is selling stocks.

Good luck to you.

The "plan" seems to be to sell Dodge mine to Mabwe Minerals. The most likely way Mabwe Minerals could purchase it is with stock or the proceeds of a private placement. There is an outside chance of some other sort of financing, perhaps a convertible, but that seems less likely.

The Dodge mine "story" will continue to be stretched out in order to sell shares but I doubt it will ever produce a profit except for those selling shares, in my opinion of course.

No one is calling anyone names. An investor unfamiliar with the company, who has not done his DD, who buys the stock solely on the "pitch" of the story. The same could be said of any stock.

Merge again? No, they were never merged with each other and they probably never will merge. MBMI used to be Raptor Networks Technologies, a failed network switch manufacturer. Raptor Networks went belly up and ALL of their assets were taken by their creditor.

Raptor Resources [RRHI] bought 80% of RRHI, not for their business or assets (they have neither) but for their sharholder base. A list of potential "investors" for private placements and perhaps other potential schemes.

It certainly appears as if MBMI is nothing more than RRHI's potential "gold mine" for selling shares of the Dodge mine "story" to the Rubes.

Ratpoor susidiary, MBMI opens DOWN 90% at 0.0056!

Looks like someone wasn't paying attention.

10Qs for both companies due out next week.

MBMI opens DOWN 90% at 0.0056!

Looks like someone wasn't paying attention.

Subsidiary trading symbol RPTN changed to MBMI.

All I see in your response is all strawman argument. One simply misstates and/or exaggerates a position and then simply declares it false. You have not disproved any of what I have said because you have addressed any of of what I have said except in caricature. That includes what I said about Wyoming, 41 Howe and Alf's resume.

Could you provide a link to a post where I said that RRHI or executives have sold shares on the open market? I do believe that is just arguing a misstated position. I know I never said that. That is the very definition of a strawman argument.

Your post got me to thinking about another situation. I see practicing geology/engineering in AZ without registration is frowned upon.

What about practicing in a foreign country like Zimbabwe? Is there any agency who would monitor, enforce or even care about the qualifications of geological/engineering reports issued over there?

I'm just curious about the reliability of such reports.

Thanks.

Under Regulation D, companies are allowed to bypass the requirement to register and seek approval with the SEC before being able to sell stock to investors. The Reg D exemption allows companies to sell their own offering directly to investors.

Under the regulation, companies not allowed to advertise their offering or sell their offering to the general public. However, they may sell to investors with whom they have a pre-existing relationship (among others).

They have a list of shareholders. They purchased another list of shareholders when they gave up more than $200,000 worth of shares to pick up Ratpoor Nutworks.

If you look at the filings, you will find that they have been receiving cash and issuing shares through private placements each quarter.

When and in what capacity has "present management worked on Wall Street"? Why didn't Alf mention that on his resume instead of the bogus "on paper only" shell companies?

You said, "Dodge Mine for stock and not cash?"

I found that odd because in the filings I read, they paid cash. Isn't that the reason most often given for the compay's failure to keep their promises regarding gold production?

I take it you've already figured out the number of trucks required, the up-front costs involved among the other problems and have come to realize the goals and numbers are just a pipe dream.

It makes a good story if you don't look past the surface but like Alf's resume, it doesn't standup to scrutiny.

I think they'll have to use the "story" to try to sell shares of Mabwe Minerals, either through private placements or convertible financing. I don't think any of the service companies are going to be gullible enough to give them a large chunk of cash based on the "story".

Ya never know though, something unexpected could happen, like someone needing to launder 10 or 20 million for 20 cents on the dollar. Stranger things have happened.

I'm busy doing something else now but I expect to answer your questions soon.

I intend to answer any on-topic questions that are asked. I do not intend to write an encyclopedic post covering all aspects.

I said, "I look forward to answering any and all of your questions regarding RRHI."

You didn't ask a question. I eagerly anticipate answering your relevant RRHI questions.

I think you are probably correct on the "changing of the bagholders" and that some will view any movement as the "start of something great". That's human nature. For many investors it's always eaiser to buy a stock than to sell it.

Buying a stock makes you feel good because you are confident it's going to do great things. It just feels good to anticipate being a winner. When the stock goes the wrong way, most investors try to justify it as only a temporary setback. After all, if they look at it any other way, they have to admit the possibility that they were wrong.....and that just feels bad!

I don't really care if someone else wants to throw caution to the wind and bet the farm on a lame horse but if we're discussing the subject, I'd sure tell him if I saw the horse limping.

This horse is definitely running on three legs.

Yeah, a classic pump and dump chart. It held at 4 cents and above for quite a while while giving a select few a good profit but people get tired of broken promises, changing stories, shifting targets and a declining account balance.

While I feel sorry those now sitting on close to a 75% loss, I can't pretend any enthusiasm for this. Just too many red flags and the more one looks past the rainbows and unicorns, the more one sees a house of cards.

As I've said before, if the company/management starts out with deceptions, there's not much chance it will get better from here.

Very good point! Yesterday's volume was the highest in over a week. Nothing at all again today even though the ask dropped to 0.012! At this rate it will be under a penny soon.

Of course, that hasn't stopped the company from printing and issuing millions of shares for cash and "services". Those shares are most likely dumped as soon as possible after any announcement.

What makes you say that? The gravity mapping was supposed to be completed in June. Tomorrow is August. If what you propose was going to happen, it should already have occurred.

In point of fact, according to Alf, further core drilling is required and the gravity mapping program is just leading up to the selection of core drilling sites. The core drilling required would take a considerable amount of time and money to accomplish. The faster it is to be accomplished, the more money would be required.

They will be looking for money and all they have is stock and a "story". That is why the stock is sitting at just about a penny and under pressure.

I am just now completing some compelling research on the transportation problems. I should have everything complete and organized in an hour. I look forward to answering any and all of your questions regarding RRHI. Until later then.....

I think we'll see in about two weeks just how much that "MOU" is worth. My guess is zippity-doo-dah or a very nominal amount at best.

If one actually talks to a geologist like I have, one will find out that a proper evaluation cannot be made without a lot more exploration and test drilling. The "gravity mapping data" is supposed to be used to target the further drilling necessary.

Since the company has withheld the gravity mapping data rather than sharing it with shareholders as promised, one might suspect that the results are not all that exciting.

All the dreams of rainbows and unicorns induced by the company's "happy talk" can't hide the fact that all the company has produced so far is a "story".

Why do you think everyone is expecting a PR blitz? Do you think the company needs to put out PRs to sell barite or gold? No, they need them to sell STOCK! That has been and remains, the real "gold mine".

Speaking of gravity mapping, wasn't that supposed to be completed in JUNE? What happened to Alf's promise of, "...sharing the data with our most prized resource of all, our shareholders"?

Apparently just another broken promise in a long string of broken promises. Of course, there may be a reason he's not "sharing the data" and it may be connected to the reason the stock price is hovering right around a penny and in danger of dropping into the fractions of a cent.