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CSTI retail MM....they are always like that
Any question or concern....contact SAEIE at:
Supatcha Resources Inc.
1400 16th Street, Suite 400
Denver, Colorado
80202
Tel. (303) 552.0480
Fax. (303) 552.0481
Email: info@supatcharesources.com
get ready to welcome SAEIE to $0.04 club today
with news might reach $0.40; without news $0.20
#1 on the active form board!!!!!go SAEIE go
SAEIE on the run...200% +
SAEIE on the run...200% +
hell no!! why didn't I re-load when it was $0.025
might close $.05
'll slap the ask now
problem is MMs...not allowing free movement of price. Control is in their hand
each and every dip is a buy opportunity here
MMs who shorted SAEIE will be burnt like hell
adding more
power hour will be interesting; either explosive or day trader and MMs wiil try to kill PPS
loading more
MMs shake....
hold tight guys.....big storm on the way....Alert #10
Supatcha Resources Secures $10,000,000 Financing to Fund Barlevskoye and Vynohradiv Gold Mines
DENVER, CO--(Marketwire - 04/07/10) - Supatcha Resources Inc. (OTC.BB:SAEI - News) ("Supatcha" or the "Company") announced today that it has executed an agreement with Melco Investments, Ltd. ("MIL"), providing for a $10,000,000 financing. This financing is in the form of a convertible debenture with terms stipulating an interest rate of 8% and a loan repayment term of 24 months from the date of execution of the agreement, by way of cash or through the conversion of shares of Supatcha Resources stock. The repayment terms of the financing are amenable to the Company's property development schedule and to future financings plans to retire the debt.
The securities potentially offered to the investor, under the terms of the financing, will not be registered under the Securities Act of 1933 as amended (the "Act"), and may not be offered or sold in the United States absent of registration, or an applicable exemption from registration, under the Act. The monies from this financing will be utilized to cover operational and development costs at Supatcha's Barlevskoye and Vynohradiv Gold Mines. The funds provided will also be a contingency for costs that may arise in the first few months of the Company's aggressive development and exploration program. Additionally, the availability of these funds will provide the Company with the necessary capital cost commitments and general working capital in the near term.
"We are very pleased to have concluded this financing with Melco Investments and are appreciative of the 24 month timeline of the funds. While we may not require the use of the entire $10,000,000 that this financing provides," stated Mr. Nikolae Yagodka, CFO of Supatcha, "its availability will help to ensure that the mine acquisition, development and exploration programs at the Barlevskoye and Vynohradiv mines will proceed in a smooth and timely fashion."
"These funds will allow us to immediately commence with implementation of our operating strategy. The financial commitment afforded by this financing is an indication of confidence in the future success of our projects and will be significant to the growth of the Company," stated Mr. Nikolae Yagodka, Chief Financial Officer. "The exercise price of the convertible notes at between $2.10 and $2.50 per share also demonstrates the lender's confidence in the Ukrainian Gold team to provide results through the Company's programs," added Mr. Yagodka.
For further information on the Company's gold and base metal projects, visit our website, www.supatcharesources.com.
#2 on the IHUB active forum board
float is very tight....hard to get share with market order toooooo
PCFG and SAEIE going neck to neck.....both look promising
finally in...
not getting shares with market order....what the hell
well, there are many phase 1 drilling companies share above $0.20
PCFG on the verge of production. PPS should be over 1 dollar now
thx renoldman. 61 or 73 does not matter...
so the o/s is 61,000,000/5=12200000+61,000,000= 73,200,000 million
mine one went through too...but yet to get answer
sound great! thx
does anyone know financial health of the company? do they have burden of loan on the shoulder.
still my order at $.0060 not filled!!!!look like nice support at $0.0088
might close green eod
Commission will be more than the 500 buying price!
i havw my buy order at $.0060. not filled yet
No. 500 signal might be either way; gap up or gap down.
Is this gap up or gap down!!!
nice support!
Does CSTI still need to cover their @$$
MMs not allowing free movement of price!!!sucks