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Richard, I don't know what to tell you. I will provide a link to every working page below. Try to right click on each one and choose open in a new window. Use IE7, for some reason it won't come up in Google Chrome. Don't know about Firefox.
http://raptorresourcesholdings.com/index.html
http://raptorresourcesholdings.com/investors.html
http://raptorresourcesholdings.com/holdings.html
http://raptorresourcesholdings.com/projects.html
http://raptorresourcesholdings.com/gallery.html
http://raptorresourcesholdings.com/contact.html
Don't be fooled by the pictures of the operating mines or the "ore samples". They are of nearby mines.
Good luck.
They must be working on it still. Everything worked for me this past weekend. Now I just tried it again and the image gallery works ok and contacts worked but minimal useability. The only page that didn't work was Corporate Directors.
Are you clicking on the active link in my post or are you typing the link into your address bar. Sometimes the message board will truncate links so if you type them they can take you to a nonexistant page.
If you have to type the address in try this. You can copy and paste it or type it in manually.
raptorresourcesholdings.com/index.html
That should get you there.
I just tried it again. Works fine for me. You can't go to the root page though. You have to go to the index page for some reason.
http://raptorresourcesholdings.com/index.html
One wonders how well their HPC-30 will do at producing Crushed, Cleaned and Classified barite ore like that laid out on the ground in the pictures.
Or maybe, CCC barite ore occurs "naturally" in the areas around Dodge Mine. That would eliminate having to spend millions of dollars on large crawler excavators, dozers, scrapers, loaders, dump trucks, crushers, cleaners, conveyors and classifying equipment. Then there's the fuel and maintenace, electical power, buildings and other material handling equipment and infrastructure required.
Or.....maybe they're just planning on doing everything with the HPC-30 and the pickup truck. {;^D
Actually, now that they have some actual mining plots they have the necessary reason to ask for more money. It's harder to get financing, even through private placements, than it used to be.
Alf's still providing a false resume. Anyone else pick up on that?
Would YOU hire someone that falsified his resume? I know of no company that would. Well, maybe the Liar's Club.
I take it you weren't too impressed with the pickup truck loads of (CCC) barite laid out on the ground or the pictures of the real operating mines nearby.
It takes a whole lot of money to open and operate an open pit mine. Makes one wonder how and from whom they plan on getting it.
Here's something to excite those who don't want to dig a little deeper. Enjoy!
http://raptorresourcesholdings.com/index.html
Here's something to excite those who don't want to dig a little deeper. Enjoy!
http://raptorresourcesholdings.com/index.html
I understand. Please let me know if you change your mind.
Good luck to you.
I don't think it will be much longer. "Soon" as some people are fond of saying but in the true sense of the word this time.
J.Louie certainly didn't last long or do much for SPBU.
GLTY also.
Caerus, Maybe you would like to check out the new "Mineral King", J.Louis Schlegel IV, and tell us what you find out. {;^D
Frankly, I'm surprised no one has yet. Or that no one is talking about MABM or RRHC.
Hey, kjb76
How many shares of MABM and RRHC you got?
Maybe one of the longs would like to check out the new "Mineral King", J.Louis Schlegel IV, and tell us what you find out. {;^D
Frankly, I'm surprised no one has yet.
Hyrpowr, if you would like to be added as a moderator, please click on the "Add me as a moderator" button at the top of the page. We could use someone sensible from the positive side. I would certainly support you.
Bamboozled???? Part 2
I had intended to wait until the 8K came out to complete my posts on this subject. However, it may take a week for the new filing so I thought I'd just break it further into a three part post instead of the original two parts I had envisioned, leaving the possible 8k information for part 3.
To review:
Rock of Angels was incorporated as a WY shell company in 2006 and was completely inactive, dormant on the shelf until early 2011. Al had himself slotted in as CEO and Director of the paper company.
Rock of Angels changes its name to TAG Minerals Inc. Al promoted himself to CEO and Chairman of the Board of the new "paper" company.
On April 22, 2011, LSR issued 165,000,000 shares of its common stock to acquire TAG Minerals Inc.
As of April 21, 2011, TAG Minerals Inc. had only nominal assets ($50) and NO revenue, with just minor operating expenses ($50 fee for name change). Those assets included the 49% interest in TAG-Z. In effect, NOTHING! WORTHLESS!
Picking up from there.....
Just two months later Lantis issued 5,000,000 shares of common stock to have TAG-Z acquire Ontage Resources (Private) Limited. The only asset that Ontage had is a 10% ownership in Slashwood Mining (Private) Limited. Now remember that LLSR only owns 49% of TAG-Z and TAG-Z acqired Ontage, so LLSR only owns 4.9% of Slashwood, yet LLSR paid for ALL of Ontage so it seems Tapiwa made out like a bandit.
There was only a nominal balance sheet, and no operations for Ontage through June 30, 2011 other than the 10% investment. So basically, they bought another company worth nothing with no operations. Even the company had to admit it was next to worthless when the SEC asked them about it.
"Lantis recorded the 5,000,000 shares as a deposit at $0.03 per share based on the readily determinable market value as this was the price of the shares of stock at the time of issuance. Management does not believe that this price is the fair value due to the fact that they are just commencing a new business which is the mining business. Management believes that a more appropriate value would be closer to par value, which would put this value at $5,000"
So they gave up $150,000 worth of shares to acquire something "management believes" is worth close to $5,000 and they are really only entitled to 49% of THAT! Again, someone made out like a bandit, literally.
Hi hp, my guess is that people are figuring out that starting an open pit mine for barite, limestone and talc is going to take a lot of money up front, money the company doesn't have. That means obtaining financing of some sort.
It also means that money for the dental equipment is probably farther off than some had hoped.
I wrote about "others" knowing that Al falsified his experience and that TAG was basically a worthless shell company. I guess I should back that up lest someone accuse me of making it up.
>>I wrote, "Rock of Angels is incorporated as a WY shell company in 2006 and is dormant on the shelf until early 2011. Alf had himself slotted in as CEO and Director of the "paper" company and later passes this off as "experience".
Rock of Angels changes its name to TAG Minerals Inc. Alf had himself slotted in as CEO and Chairman of the Board of this "paper" company and later passes this off as additional "experience".
On April 22, 2011, LSR issued 165,000,000 shares of its common stock to acquire TAG Minerals Inc.
As of April 21, 2011, TAG Minerals Inc. had only nominal assets ($50) and no revenue, with just minor operating expenses ($50 fee for name change). Those assets included the 49% interest in TAG-Z. In effect, NOTHING! WORTHLESS!
Of course, kjb76 knew ALL of this. At least, that's what he said."
>>kjb76 answered with his usual personal attacks but added, "And yes, I knew everything you said plus a lot more..."
Just remember Bruce, it takes a lot of money up front to develop an open pit mine. Most gold mining scams aren't as simple as just saying, "We've discovered gold! Send us some money and you'll be rich!"
No, the real "gold mine" is in selling stock and getting financings. In order to do that, you have to create some interest.
For your sake and the sake of all who have invested in this, I hope this is not just a scam. However, if it starts out with a scam, it will ususally end up as a scam and this story sure seems like it started out as a scam. Even kjb76 and others admitted they KNEW Alf had falsified his experience and that TAG was basically a worthless shell company.
Read this second warning from FINRA. It tells you what you can expect......
http://www.finra.org/Investors/ProtectYourself/InvestorAlerts/FraudsAndScams/P124119
I understand you've got nothing to lose after the beating you took in RPTN. Just be careful with any new money. Good luck to you. I hope you make it all back.
Yeah, I'm here.
I saw the PR. So what?
Do you know anything about barite, limestone and talc. You know, something important like how much the ore is worth per ton and how much it costs to mine it? Don't get too excited until you find out. The company will be selling lots of shares and/or borrowing soon, probably both. That's the real gold mine I talked about earlier.
Bamboozled???? Part 1
In order to provide adequate time for discussion without too much confusion and to better fit my schedule today, I am going to break the discussion into small chunks. The following is a rough timeline of events for a start:
Rock of Angels is incorporated as a WY shell company in 2006 and is dormant on the shelf until early 2011. Alf had himself slotted in as CEO and Director of the "paper" company and later passes this off as "experience".
Rock of Angels changes its name to TAG Minerals Inc. Alf had himself slotted in as CEO and Chairman of the board of this "paper" company and later passes this off as additional "experience".
On April 22, 2011, LSR issued 165,000,000 shares of its common stock to acquire TAG Minerals Inc.
As of April 21, 2011, TAG Minerals Inc. had only nominal assets ($50) and no revenue, with just minor operating expenses ($50 fee for name change). Those assets included the 49% interest in TAG-Z. In effect, NOTHING! WORTHLESS!
Of course, kjb76 knew ALL of this. At least, that's what he said.
Rock of Angels was a WY shelf company that existed only on paper as far as records show, there just isn't much information on Rock of Angels and that's because Rock of Angels was completely inactive from incorporation until early 2011! The biggest piece of information aside from Al using it for a phony "resume" entry, is that it no longer exists, at least not since its name was changed. We'll get to the name change later.
It seems the SEC has been asking some of the same questions I did earlier of WoW. He tried to come up with the 133% solution where TAG owns 100% of TAG-Z and Tapiwa Gurupira owned 33% of TAG-Z. Seems like the SEC didn't think the percentages added up either.
"We note under your disclosure under Item 8.01 and in your press release that the company entered into a Letter of Intent to merge with TAG Minerals Inc. ("TAG" or "Target") and its wholly-owned operating subsidiary TAG Minerals Zimbabwe (Private) Limited. Please reconcile these disclosures with paragraph 3.5 of Exhibit 10.1 Agreement and Plan of Merger attached to for 8-K/A Ammendment No. 1 dated and filed April 27,2011, which indicates Target's only interest in the other entities is ownership of 49% of issued and outstanding shares of TAG Minerals Zimbabwe (Private) Limited."
Now I know WoW and some others feel questions like this are unimportant but the SEC evidently feels differently. In all, the SEC asked 16 questions including and inquiry about the promised financial statements of Ontage.
Due to the lateness of the hour, I will have to defer the continuation of this conversation for another day or so. Tomorrow I have a couple of appointments that shouldn't take too long but I don't know for sure.
Ok, I said I'd get to the Rock of Angels name change later. I guess it's now or possibly MUCH later. Rock of Angels, the company that was COMPLETELY INACTIVE from incorporation until early 2011 (except for being named as owner of a scrap gold and jewelry operation), when it changed its name to.............TAG Minerals!
While searching for some other info, I was reminded that we are missing some required information.....
"The financial statements of Ontage required by Rule 3-05 of Regulation S-X and paragraph (a) of Item 9.01 of this Current Report on Form 8-K will be filed by Lantis Laser by an amendment to this Current Report on Form 8-K within 71 calendar days of the date that this Current Report on Form 8-K is initially filed with the SEC."
I'm pretty sure more than 71 days has elapsed and we have still not seen "The financial statements of Ontage REQUIRED by Rule 3-05 of Regulation S-X".
Has that failure led to this recent notice from the SEC? Or was it something else?
Dear Mr. Pietrangelo:
We have completed our review of your filings. We remind you that our comments or changes to disclosure in response to our comments do not foreclose the Commission from taking any action with respect to the company or the filings and the company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filings to be certain that the filings include the information the Securities Exchange Act of 1934 and all applicable rules require.
The highlighted part sounds a little ominous.
Some may feel that information about shell companies is irrelevant but I beg to differ. Information regarding WY shell companies, shelf companies, what they are and how they are used to fool people is quite relevant when they are involved in a company in which you are considering investing money.
One may well ask, "What do shell companies have to do with anything?", and that's a good question that deserves an answer.
If anyone followed the link I posted in post #964 they could have followed the link to the main Reuters story:
http://www.reuters.com/article/2011/06/28/us-usa-shell-companies-idUSTRE75R20Z20110628
There, and with a little more research, they would have learned that for as little as $150 for a new company and less than $1500 for a three year old company, you could buy an off the shelf and create the (false) impression that you have an established business.
"They just slot in your names, and you walk away with the company. Presto!” says Daniel E. Karson, executive managing director at investigative firm Kroll Inc.
It can be used for money laundering, fraud, a false credit background or whatever. You can do it anonymously – nominee officers can be provided – according to the Reuters video the company sells....a fall guy, a servant, a decoy, a good friend, a person you control… yet cannot be held accountable for its actions. Imagine the possibilities!
For an additional fee, they will even provide a lawyer to fend off questions by invoking "Attourney-Client privilege.
Now, suppose a man comes to you with a resume that says he was a director at ABC Company for __ years, CEO of DEF, LLC for __ years and President & CEO of XYZ, Inc. for __ years, would you immediately hire him to be CEO & Chairman of YOUR Company? How would you feel if, after he took over your company, you found out the companies he listed were all just WY shell companies?
There's not much to see, Penny. Just an ordinary, modest house, built in the late 70's. I wouldn't make a special trip.
You can see pictures here if you are really interested -
http://www.trulia.com/homes/New_Jersey/Freehold/sold/388796-41-Howe-Ln-Freehold-NJ-07728
On the off chance that someone reading this actually wants to do some DD but doesn't know where to start, here's some light reading to get you started
http://treasureislands.org/wyoming-cayman-islands-of-the-american-prairie/
The story says, "...you can get iron-clad secrecy for a few hundred dollars, no questions asked."
That's not 100% true of course. You can find out a whole lot.....if you know where to look in NV and WY.
Has anyone else figured out what happened to Rock of Angels yet? {8^D
Oops, I made a mistake....
I said, "DKDY authorized and issued BILLIONS of shares, then reverse split 1 for 1000, issued BILLIONS of shares again and reverse split again, 1 for 2000, and repeated the process."
I got the sequence out of order. From the source:
On March 22, 2005, the Company disclosed plans to implement a 1000 for 1 reverse-split of its common stock. As a result of the Company’s action, the authorized common stock will be reduced from 5 billion shares to 5 million shares. Public shareholders will see their holdings diminish accordingly; someone holding 1000 shares of Dark Dynamite will now own a single share.
This is not the first time around the floor for this dance step. On November 8, 2004, the Company implemented a 1 for 2000 reverse-split, reducing the authorized common stock from 5 billion shares to just 2.5 million shares. Two weeks later, on November 22, 2004, the Company amended its Certificate of Incorporation once again, restoring the 5 billion authorized shares.
So it was 1 for 2000 first, then 1 for 1000. Either way, it turned 2,000,000 shares into 1 share!
BTW, all those extra shares were apparently were issued to "still unnamed employees and contractors" according to the source.
Ok, back to yesterday's discussion of "The Mineral King's" background. First a recap.
The PR says, "Mr. Pietrangelo was CEO and Director of Rock of Angels Capital Corp."
That's true. What it doesn't say is that he is listed as the ONLY Officer/Director of that company and that the company's address is Al's home. What did Al do with Rock of Angels? What did/does Rock of Angels do? What is the purpose of that company?
A little more digging revealed that Rock of Angels is listed as owner of, Metal & Gem Conversion LLC. Both companies' address of record is 41 Howe Ln, Freehold NJ which is Al's house. The relationship begs the question, what would a "Mineral King" want to do with a scrap gold and jewelry operation?
Now, to continue....
So far, the "impressive" resume is not so very impressive. Perhaps it will get better with the next position....."From 2005 to 2006 Mr. Pietrangelo was President and a Director of 4 Star Capital Management Inc."
I could not even find an address for this "Dynamo of Industry". If we could find an address, what are the odds that it would be in Freehold, NJ? I did find a site that listed it as a "financial investment advisory firm" but it is not registered with the SEC as an investment advisor. The listing shows the company has no known address with 1-5 employees and Total Assets under Management of $0 and 0 listed as the number of clients.
Not surprisingly, there is no mention of his involvement in the Dark Dynamite (DKDY) fiasco. It seems right after Al was hired, DKDY authorized and issued BILLIONS of shares, then reverse split 1 for 1000, issued BILLIONS of shares again and reverse split again, 1 for 2000, and repeated the process. An $11,000,000 dollar original investment is now worth about 53 cents TOTAL!
So, is this info new to anyone or did you know it already?
Is anyone still really, really impressed with "The Mineral King's" background?
Missed filing date?
I don't have time this morning to finish off my remarks on my management DD. I will try to get back to it this afternoon.
In the mean time, I'm wondering why no one has remarked on the missing filing yet. I suppose if one doesn't care about DD, such things don't matter.
I haven't deleted any of your messages. In fact, I reviewed your posting history and there are NO deleted messages for kjb76 on this board. So why are you pretending otherwise?
I've just begun doing a little checking on the management team's backgrounds. Here's a little of what I found out so far.
First, the "sanitized" version > Mr. Pietrangelo was CEO and Director of Rock of Angels Capital Corp., Rock of Angels Acquisition Corp. and Rock of Angels Holdings Inc. From 2005 to 2006 Mr. Pietrangelo was President and a Director of 4 Star Capital Management Inc. From 2002 to 2004 Mr. Pietrangelo served as Secretary and Director of Hypervelocity, Inc.
Well, let's start with Rock of Angels Capital. There is very little information available on Rock of Angels but one very interesting tidbit is their address......41 Howe Ln, Freehold NJ!
Rock of Angels Capital is also associated with, Metal & Gem Conversion LLC, apparently in the scrap/junk jewelry business. And their address is......41 Howe Ln, Freehold NJ!
There are more connections in this tangled web but I'm out of time for today. I will try to pick up where I left off tomorrow.
Isn't it amazing what you can find out if you just do a little DD?
"...do I need to go back and give you the dates of when you published the same FINRA comments before?"
A post number or link would do just fine. Just to help you out, my original post referring to the first FINRA warning is #939. The other post is #950. Anyone can pull up both posts in separate windows and compare them side by side. {8^O
You are wrong but let's just say for the sake of argument that you are right. Does that change the truth of the post? NO! You really need to focus on the content if you wish to be at all persuasive in your position.
In my next post, I will provide background on what I have learned about "The Mineral King". You might be surprised.
What is it you think I said before? More importantly, is there anything you consider false? If so, please explain what and why you think it is false. If you can show anything I post to be false, I will be happy to correct myself as I really do not wish to spread any false information.
The FINRA warning and tip in my last post is from a second investor alert issued by FINRA. There are additional alerts and tips given by the SEC which I have not touched on yet. The fact that FINRA and the SEC have gone to the trouble of issuing multiple alerts makes me believe they consider this to be a serious problem.
You say you expect news before March. I do also. The FINRA alerts specifically talk about "inflated claims" which are difficult to verify and warn to "Be wary of claims about significant mineral reserves or mining operations in countries far removed from the U.S. that make it difficult to verify such claims through independent research." FINRA warns about "...speculative claims based on a new reserve's proximity to an existing reserve..." and, "References to being a “buyout target” for other mining companies" among other things.
You have already said that TAG and Mabwe are, "doing all the right things", yet you can offer nothing to corroborate that claim. Are you just taking someone else's word for it? I won't. I will continue to do my own independent research before investing a penny. As I do my reasearch, I will continue to share what I find.
So far, among other warning signs, my research has yielded a company being run out of a guy's house. The last public record on the property is a "Notice of Lis Pendens, pending foreclosure". Lis pendens is taken as constructive notice of the pending lawsuit. Generally, lenders will not lend money on the security of land which is subject to a lis pendens. Because most real property is purchased with borrowed money, this largely keeps the owner from selling the property. It also serves to keep the owner from borrowing money secured by the property.
Before going further, I will allow you time to respond. I have to take a break to attend to other matters. I'm not sure when I will return. I look forward to continuing our conversation later.
Kjb76 said, "...silence can be due to no good news, but also because of no negative comments..."
Ok, let me break the silence.
FINRA has recently issued warnings about, "Gold Stock Scams", and gives some warning signs along with some good advice.
FINRA warns, "Many gold-related investment scams involve the stocks of gold mining and/or exploration companies."
Their first and foremost tip to avoid potential gold stock scams is.....
> "Investigate before you invest. It's easy for companies or their promoters to make exaggerated claims about new products, lucrative contracts, or the company's revenue, profits, or future stock price. Be wary of claims about significant mineral reserves or mining operations in countries far removed from the U.S. that make it difficult to verify such claims through independent research."
Kjb76 said, "Tag/Mabwe is doing all the right things..."
What have you got to back up that claim? First of all, Mabwe doesn't even exist yet. Second, we have seen no real proof of TAG-Z's existance. Why do you think I've been trying to find evidence of them in Zimbabwe? (Read the tip in red, above, again).
I thought it would be a given that I was not a mind reader as I've never claimed to be one and don't believe in them. Therefore, one might reasonably conclude that my "surmise" on the absence of positive posters was pure conjecture and would be understood as such. Further, one might reasonably conclude that the absence of positive facts is probably attributable to the lack of the same.
Perhaps you would like to share some of the positive facts you have discovered in your years of DD. I have freely shared what I have learned in the short time I have spent on the stock.
I chose to be a moderator here in order to try to promote a healthy discussion of LLSR. A discussion open to all but devoid of the personal attacks and attempts to stifle dissent that seemed to exist earlier.
Yes, my DD has so far led me to be negative on this stock. That is a valid opinion. I have found much negative information regarding this stock that leads me to be quite wary and very little information to recommend it.
As far as your post on the other board "disappearing" goes, I am not a moderator over there. I do not have the ability to delete anyone's post. If your post was deleted, you should probably review their posting rules and ensure you follow them. Their rules are more lax than here. I did answer your post but mine was deleted also.
That said, why are you trying to make the discussion about me? Can't we just discuss the information we have that pertains to the company? This is the Lantis Laser board and not the pitboss22 board, correct?
Is that the full extent of your DD, kjb76?
I'm trying to guide the board posters into posting facts about the company rather than resorting to personal attacks. If you read the handbook, you would know that is one of the jobs of the moderator. That's why I posted a link in the sticky above.
Evidently some of the old posters actually did some DD and moved on to greener pastures. Not much positive to talk about for LLSR.
I'm a bit (quite a bit) beyond the half century mark myself and I'm still learning new things all the time.
Good luck to you. I hope it works out.
FINRA Warns Investors of Gold Stock Scams
The Financial Industry Regulatory Authority (FINRA) issued a new Investor Alert called"Gold" Stocks—Some Investments Mine Your Pocketbook to warn investors about investment scams that promote gold stocks and to provide information on how to invest in legitimate gold investments. With the price of gold bullion at record levels, there has been a proliferation of blogs, websites, YouTube videos and Tweets centered on investing in gold. And while there are legitimate gold investments discussed online, FINRA is concerned that some investors may fall prey to gold-related investment scams.
These gold scams may center on inflated claims regarding the stocks of gold mining companies whose stock value is often based on gold reserves that are difficult to estimate, much less verify. For example, the Securities and Exchange Commission (SEC) took legal action against a mining company based in Florida for false press releases claiming that a mining project in Ecuador contained gold reserves worth more than $1 billion.
Gold investments may also be touted in free lunch seminars and pushed by boiler room operations. The SEC charged six individuals for running a recent Ponzi scheme that used investment seminars to bilk 3,000 investors across the United States and Canada out of $300 million.
FINRA's Investor Alert cautions investors to be on the lookout for any pitch for a gold investment that:
> claims to tie stock performance to the general rise in gold prices – a rise in gold prices does not guarantee a rise in the price of a gold company's stock;
> uses scare tactics such as the threat of inflation or an economic meltdown;
> makes speculative claims based on a new reserve's proximity to an existing reserve; or
>>> centers on a company that has changed its name or trading symbol to align it more closely with gold – for example, one company that currently purports to engage in gold mining was originally incorporated to provide golfing opportunities on private courses to nonmembers.
http://www.finra.org/Newsroom/NewsReleases/2011/P124214