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Nope. 3.25M float. MM
3.25M Share Float. GLTA MM
And no what matter is what the Transfer Agent says since they are the only ones that remove restrictions. And the TA says it is 3,25 million. Case closed.
Once again - this is very simply. It does not matter if they are currently not a shell since it is a non-reporting company.
This is not a a difficult concept. This is a non-reporting company that was previously shell so 144 does not apply here.
SEC filings in 2013 say it was a shell https://www.sec.gov/Archives/edgar/data/1518380/000112785514000242/cgm10q123113.htm)
https://www.sec.gov/info/smallbus/secg/rules144-145-secg.htm#:~:text=Under%20the%20amendments%2C%20Rule%20144,unless%20certain%20conditions%20are%20met
Incorrect again. The transfer agent updates OTC Markets and it shows 3,254,990 shares as unrestricted. Here is link: https://www.otcmarkets.com/stock/CGLD/security
Can you provide a link that shows unrestricted shares are anything else. You said you had an email from the transfer agent - where is that?
That does not change that there are only 3,254,990 unrestricted shares meaning the rest are restricted.
Yes the Company can cure it by filing a Form 10 with the SEC and becoming a reporting company to the SEC. But since the company is not a mandatory filer to the SEC since it filed the Form 15 then Rule 144 is not currently applicable.
Yep. I just don't know how much more simple it can be explained that Rule 144 does not apply to the Company and there are only 3,254,990 unrestricted shares. These are very easy and clear facts.
That is factually incorrect as well.
There are only 3,254,990 unrestricted shares meaning the rest are restricted. Simple math says 3,254,990 is less than 14 million so your statement cannot be factually correct.
Factually incorrect.
The filings are clear as are the facts. The Company currently does not satisfy the requirements of 144(i)(2). The Company is not reporting and was previously a shell so 144 is not applicable. I don't understand the difficulty of this issue since it is clear.
1. Company is not currently a reporting company - see 15-12G
https://www.sec.gov/Archives/edgar/data/1518380/000147793218000824/buscar_1512g.htm
2. The Company was previously a shell
Indicate by check mark whether registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes x No o
https://www.sec.gov/Archives/edgar/data/1518380/000112785514000242/cgm10q123113.htm
https://www.sec.gov/info/smallbus/secg/rules144-145-secg.htm#:~:text=Under%20the%20amendments%2C%20Rule%20144,unless%20certain%20conditions%20are%20met.
That is factually incorrect. The numbers from OTC Markets are provided by the transfer agent and show Unrestricted shares outstanding to be 3,254,990
https://www.otcmarkets.com/stock/CGLD/security
Incorrect - requirements of 144(i)(2) have not been met.
The Company does not met the 144 exemption.
The first question to ask is: Is the company a reporting company to the SEC. Answer: No the company is not a reporting company to the SEC. This cannot even be argued any other way with the 15-12G filed in 2018.
2nd Question: Since the Company is not a reporting company to the SEC was it ever a shell at any point. Answer: Yes it was.
As a result, Rule 144 is not applicable to the Company.
Link to sEC confirming what I said - https://www.sec.gov/info/smallbus/secg/rules144-145-secg.htm#:~:text=Under%20the%20amendments%2C%20Rule%20144,unless%20certain%20conditions%20are%20met.
Incorrect. There is only 3.254.990 shares that are free trading/Unrestricted
Outstanding Shares 196,645,478 09/22/2020
Restricted 193,390,488 09/22/2020
Unrestricted 3,254,990 09/22/2020
https://www.otcmarkets.com/stock/CGLD/security
Incorrect. 2 year hold and float has not changed for years and is still
3,254,916
Low floaters tend to always move on low volume
Float is still 3,254,916
Just keep moving those goal posts for you agenda
So now you went from they won't product a gram to now its just a few ounces. Which is it? A few ounces from 750 pounds for rock is impressive.
So its a stunt to find the best refining source. Yea OK then.....
Same stuff from your guys yet the float has not changed in years - ummmm interesting
The float has not changed for years. So where is the dump? There can't be one with the float remaining the same.
You can check out their twitter and forum pages:
https://twitter.com/BuscarCompany
https://www.buscarcompany.com/forum
Yea most OTC traders are looking for the quick gains. Which makes sense when nearly all OTC stocks continually increase the float.
The Company is very responsive. They are still in the early stages and I for one am willing to give them time to put the pieces together. The next 6 months will be very important and telling.
It’s always about risk/reward.
Incorrect. The number of free trading shares is 3,254,990.
https://www.otcmarkets.com/stock/CGLD/security
Incorrect. They would have a 2 year hold.
2 year hold on everything
I think they mentioned the bridge is mainly for when the creek level raises.
I agree - the fires seemed contained but they did delay things and getting close to winter and snow in the area.
Incorrect. float is unchanged at 3.25 million. As it has been for years.
The Float. That was the discussion topic. Not the O/S. The Float. It is and has been for months 3.25M shares. MM
Incorrect again.
You guys have been talking about this alleged dilution for how many months now and the float is still unchanged.
A lot of effort in their fake news
Incorrect again.
3.25M Free Trading Shares...FACT. MM
3.25M Float. That's a fact. MM
You mean the annual assessment work that they are allowed to do.
There are no opinion letters, so you're out. MM
You are correct they are smelting the concentrate from 750 pounds of crushed rock ore. Can't wait to see it.
I would say jealous more than bitter
Quite colorful. Can't wait to hear results on first run! CGLD!!