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The cost to post the annual report onto otcmarkets.com is 4300 or so and will not change the current grey market tier designation. good news is, when (er if) we are reinstated we can still go back up to pinks with no or limited information (providing mark uploads info as needed).
I just got word from Mark? that he's not likely gonna' post any reports to otcmarkets.com until all this mess is cleared up with FINRA. :( sorry to say... but happy to have a heads up. Hopefully, he will use another avenue to get the reports to us, (like posting the annual report on the company website or something).
Good morning MISM! Rise and Shine :) Happy Sunday everyone
You're welcome :)
Rise and Shine! Good morning MIKP! :)
Early Goodnight MISM! ta ta for now :)
No worries. I didn't know what it was either until recently. Anyhow... I translated the german stock order and the order translated as being 'deleted' not 'black listed'. No where on the order did it say that the stock was black listed. *sigh... I didn't post that info. yesterday. Also, I think he was attempting to sell 3500 shares for 1.00 each... translate the order if you like at www.google.com/translate. :)
Early Good Night MIKP! :) Ta ta for now...
Now that Ryan Colucci has completed Harbor Moon, I'm guessing he'll have more time available to complete his other projects under the MIKP/spokelane banner. :)
there's a new blog post on the MIKP website (*disclaimer: in case some didn't already know):
Ryan Colucci's graphic novel "Harbor Moon" is available on kindle...
Okay so, besides all the ...... Did I miss anything material this morning?
Thank you very much for that link! It was very informative.
LOL Good morning MIKP! Wow! what a start :)
Good night MIKP! :) see you all in the morning, bright eyed and bushy tailed :)
Peace out PEEPO! I'm off the MISM board till tomorrow. Yayyyy! :) ta ta for now
thanks I know. :) what I want to know is how cortal consors determines what stocks belong on the 'black list'.
What's a black list defined as by cortal consors?
There's no "guess" about it. Time will tell all.
"Well, I guess we will see if that happens."
I'm not as sure about these conclusions as you most certainly are. It's rather emotional and Its' as though you've spoken with every geologist and mining engineer in the world. Finally, I'm absolutely positive you're exaggerating to the extreme with you last statement.
"However, my opinion is that MISM will never be able to come up with a real (credible) report, no matter who is asking for it, because they can't. No reputable geologist or mining engineer would ever get involved with the likes of MISM for one thing. Secondly, no amount of sampling will find gold in those gravels."
yes. why?
I wouldn't be surprised at all that your bank/broker put a chill on the stock since the company has nothing going for it except some Fee Simple property which may or may not be worth a few million or more as stated. And the company was recently caught exaggerating company information via PR's/the website.
Personally, I agree with your broker/banks' decision to halt trading for this particular stock... If I wasn't already a shareholder, I wouldn't buy into this company above .0001 per share. However, since I already am a shareholder, (such as you are), I'll just wait and update my opinion as new information is made available...
Sounds all good. :) Your bank/broker must know what they're doing. Still, if you want to sell you should call whoever you need to. If you can't sell, you will at least be informed of why.
thank you! that was much appreciated.
oh wow. that was cool. I've never seen a foreign order before... anyway.
Etrade is the best brokerage for penny stocks (I think) because they let you pretty much buy and sell anything on the penny stocks.
Like Slojab said, you probably have a TDameritrade brokerage account via your bank in switzerland.
Who's your broker that has black listed MISM? Anyway, it doesn't seem right that your broker wouldn't let you sell out of your position with MISM. I can understand if they won't let you buy the shares. But, if you already own the shares at the time they black listed the company, I would think they'd at least give shareholders the right to sell out. Anyway, try emailing them and see if they'll let you sell out of your position since there's been no sec suspension/halt or otc tier changes for the company.
I'm not sure of what you're saying again. sorry.
Are you able to sell your shares of MISM?
nice. :) they protect their own balance sheet in that way.
MISM under chill or block?
What's TDA?
The SEC was already notified about some "stuff" that MISM uses to sell stock with.
". If the SEC ever got a look at this stuff that MISM uses to sell stock with, they would have a field day with it (after they stop laughing). "
Thanks for sharing your opinion. I'm sure you believe you are right. I'm of the opinion that the company will HAVE to provide a more recent report some time this year to satisfy an inquiry from FINRA/SEC.
"I doubt MISM will ever have a real, third-party mineral evaluation done on those claims. Why spoil the story with real data? "
I can't understand your message at all. sorry. could you try again please?
Thank you for caring and providing us all with that valuable information. Unfortunately, unless you can provide a link/research to support your statements, not many are gonna' believe you.
"It might be irrelevant to you but potential investors should know that there are no profitable commercial placer operations in the lower 48."
"Johny-come-lately" I like that one liner! I havn't heard it in a while. I wish I remembered it a few years ago... would've been appropriately used. Anyway, the odds that they are going to make a profit is slim to none which is why I'm reassured (slightly) by the fact that they hold the mine in Fee Simple.
"So what are the chances that these johny-come-lately wannabe miners are going to be able to make a profit?"
No. I'm serious. What "gold deposit" are you referring to? MISM has no "gold deposit" as far as I saw on the reports.
"Necessary evidence? Are you kidding? I have been through the documents on their website, and it is a pile of useless, disjointed, and poorly documented garbage. Not a single shred of credible, third-party documentation in that pile to justify MISM's "gold deposit".
The report (as shoddy as it may be to you or anyone) seems sufficient enough by the standards of regulating authorities such as the SEC/FINRA.
"An assay sheet with no attached description of who collected the sample, what their relationship is to the claim ownership, how they collected the sample, how they maintained control of the sample, what the credibility of the lab is, and what the results mean relative to the geology of the deposit is absolutely worthless! Not to mention that just a couple samples per placer claim are statistically useless. A real exploration effort consists of hundreds if not thousands of samples. "
Solution: a new geologic evaluation of the gold star mine will have to be conducted this year to improve investor confidence and substantiate the company's PR claims of gold resources...
I disagree entirely. In fact, your position on the matter is entirely unsubstantiated and can only be constituted as a matter of opinion which you are entitled to make anonymously.
The company has provided all the necessary evidence required to state that it has around 700 billion in gold/silver resources through a geologic report completed in 2010. Without that report, the company as well as the original mine owners would not have any basis at all for valuation.
irrelevant. the company has plans to make a profit from the gold star mine. will their plans prove profitable? maybe, maybe not. If plans prove unprofitable, the company still has a valuable FEE SIMPLE asset that it may decide to profit from in other ways...
About 700 billion in gold RESOURCES per geologic reports from 2010 provided in part by www.parkinsongeologic.com
The actual Gold RESERVES was never measured.
I think its' interesting indeed for someone to sell fs interest for their mining property in exchange for company shares... Makes my investment (and faith in management) look like a drop in a bucket of water.
Also, every PR issue I've had with the company was met with all the appropriate and necessary changes.
So, I will continue to hold on to my position (more or less) as a shareholder in this company for now, (despite the fact that I am FINALLY able to sell my shares now that my broker has been adequately updated)... I may even buy a few more if the flippers on this board manage to bring the share price down to .01/share with their sensational and unsubstantiated theories...
I think its' interesting indeed for someone to sell fs interest for their mining property in exchange for company shares... Makes my investment (and faith in management) look like a drop in a bucket of water.
Also, every PR issue I've had with the company was met with all the appropriate and necessary changes.
So, I will continue to hold on to my position (more or less) as a shareholder in this company for now, (despite the fact that I am FINALLY able to sell my shares now that my broker has been adequately updated)... I may even buy a few more if the flippers on this board manage to bring the share price down to .01/share with their sensational and unsubstantiated theories...
considering the price per share and the fact that the stocks are VERY illiquid... I don't think they're laughing 'all the way to the bank' at the moment...
Let's see 3.8 million x 10 = 380 million x .05 per share = $19 million...
Also, the mines are said to be worth around $400 million. Let's say they exaggerated and the mines are really only worth $200 million; even that 50% reduction of valuation hardly equates to the currently value of their shares.
So who ever sold this mine is not laughing 'all the way to the bank' at the moment AND they're are taking a very big risk trading something as tangible as a fs property for something that could very well fold leaving everyone, (except the CEO/Officers with a salary) utterly and completely penniless.
After the R/S the Preferred series I stock amounts to 3.8 million
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=101090
Whoever sold the Gold Star Mines to MISM for 38 million preferred series I shares (convertible to 10 common for every one share), has a lot of faith in MISM/The company to hold so many shares...
Time will tell if that faith was misplaced. Time will tell if MISM will succeed. I've got over one year in for this company, and I'll wait another year here after.
Go MIKP :) ta ta for now