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$DUSS is issuing shares restricted and following rule 144 ! 302m share float will remain constant for at least 6 months, but likely 1 year or more. Bank on it ! Huge run to pennies coming. Time is running out for short sellers to cover and escape without BK !
I loaded another 1m shares in the 0.002 range last week or so. Looking for another 2-3m shares before the big run into multiple pennies for $ACGX ~
I loaded another 1m shares in the 0.002 range last week or so. Looking for another 2-3m shares before the big run into multiple pennies for $ACGX ~
No doubt. With ihub groups and players buying up what is left of this tiny float, $DUSS is about to run hard to multiple pennies ! It's coming ! Bank on it !
DUSS float locked. Acquisition shares are restricted. Longs are going to make tons of $$$.
Shorts are going to need barf bags here. LOL
Nah. Everyone knows that SEC reporting companies like DUSS (OTCQB) have to issue restricted shares for acquisitions. Like you said earlier rule 144 is 6 months of restriction but most acquisitions are at least 1 year of restricted shares. We shall soon see what Alberto has to say. Either way it means the low and tightly held float
of 302m shares is not increasing any time soon ! Weeeeeeeee !
Form 8-K DUSSAULT APPAREL ( OTCQB: DUSS ) 26-Nov-2013
Entry into a Material Definitive Agreement
ITEM 1.01. Entry into a Material Definitive Agreement
On November 21, 2013, Dussault Apparel, Inc. (the "Company"), entered into an Asset Purchase Agreement with Jervis Explorations, Inc. whereby the Company agreed to purchase various mineral claims referred to as "Montauban Gold Tailings" in exchange for 400,000,000 shares of the Company to be issued from Treasury (the "Agreement"). The purchase will be subject to a 3% royalty payment made by the Company to Jervis Exploration, Inc. Per the terms of the Agreement, "3% Net Smelter Returns" means 3% of the net amount of money received by the Purchaser for its own account from the sale of ore, or ore concentrates or other mineral products from the Claims to a smelter or other mineral products buyer after deduction of smelter and/or refining charges, ore treatment charges, penalties and any and all charges made by the purchaser of ore, concentrates, or other mineral products, less any and all transportation costs which may be incurred in connection with the transportation of ore or concentrates, less all umpire charges which the purchaser may be required to pay.
DUSS SEC Form 8-K for DUSSAULT APPAREL INC. 26-Nov-2013
Entry into a Material Definitive Agreement
ITEM 1.01. Entry into a Material Definitive Agreement
On November 21, 2013, Dussault Apparel, Inc. (the "Company"), entered into an Asset Purchase Agreement with Jervis Explorations, Inc. whereby the Company agreed to purchase various mineral claims referred to as "Montauban Gold Tailings" in exchange for 400,000,000 shares of the Company to be issued from Treasury (the "Agreement"). The purchase will be subject to a 3% royalty payment made by the Company to Jervis Exploration, Inc. Per the terms of the Agreement, "3% Net Smelter Returns" means 3% of the net amount of money received by the Purchaser for its own account from the sale of ore, or ore concentrates or other mineral products from the Claims to a smelter or other mineral products buyer after deduction of smelter and/or refining charges, ore treatment charges, penalties and any and all charges made by the purchaser of ore, concentrates, or other mineral products, less any and all transportation costs which may be incurred in connection with the transportation of ore or concentrates, less all umpire charges which the purchaser may be required to pay.
DUSS SEC Form 8-K for DUSSAULT APPAREL INC. 26-Nov-2013
Entry into a Material Definitive Agreement
ITEM 1.01. Entry into a Material Definitive Agreement
On November 21, 2013, Dussault Apparel, Inc. (the "Company"), entered into an Asset Purchase Agreement with Jervis Explorations, Inc. whereby the Company agreed to purchase various mineral claims referred to as "Montauban Gold Tailings" in exchange for 400,000,000 shares of the Company to be issued from Treasury (the "Agreement"). The purchase will be subject to a 3% royalty payment made by the Company to Jervis Exploration, Inc. Per the terms of the Agreement, "3% Net Smelter Returns" means 3% of the net amount of money received by the Purchaser for its own account from the sale of ore, or ore concentrates or other mineral products from the Claims to a smelter or other mineral products buyer after deduction of smelter and/or refining charges, ore treatment charges, penalties and any and all charges made by the purchaser of ore, concentrates, or other mineral products, less any and all transportation costs which may be incurred in connection with the transportation of ore or concentrates, less all umpire charges which the purchaser may be required to pay.
<< ALERT : Conditions for short sellers have gone completely COLD >>
It is advisable that all short positions are closed out. Monday we will see the return
of the BIG PLAYERS with Huge buying at the ask coming in strong !
DUSS and ALBERTO cannot be stopped !
That is correct. 400m shares are restricted for at least 1 year.
That leaves the float constant at 302m shares and most of it is locked.
Thus conditions for short sellers have gone completely COLD. It is advisable
that all short positions are closed out. Monday we will see the return of the BIG
BOYS with Huge buying at the ask coming in strong ! The run to penny land
has officially started and board marks are now increasing by the hour here.
Explosive move up coming! Very strong profits coming for longs.
Shorts are in serious trouble ! LOL
Alberto is the man !
Exactly right ! DUSS made a very smart business move that brings value to shareholders !
There is nothing that can or will be able to stop the DUSS bus ! Tremendous move ahead!
Great DD and proof that the deal DUSS made with SIga is the real deal !
This is a real acquisition and DUSS is no longer a shell.
DUSS now has rights to mine for gold and that means $$$$ on coming financials !
DUSS Bus is ready to GO ! All aboard ! All aboard !
$DUSS is GOLDEN and Jason Dussault is soon to make his appearance here !
Big move up coming for this one. Float is just about locked here. The 400m shares
for the gold claims are most definitely restricted for at least a year or more. SEC only
allows for restricted shares to be issued for acquisitions. Period ! The mostly owned 302m
share float will remain constant here. Like I said BIG move coming !
Pure Energy Minerals and DUSS will be doing business and making money together.
Jason Dussault links the two companies together. It's very obvious that Jason has BIG
plans for DUSS. Shareholders and future shareholders of DUSS will do very well here!
No SEC reporting company can issue free trading shares for an acquisition. Do your DD.
DUSS is now a gold mining company and I would expect a Huge PR coming from Alberto Barrientos,
The international lawyer who is the interim CEO here. 100% legitimate company !
A joint venture with DNA Precious Metals maybe? DNA Precious metals was in stage 4 of their plans and needed 6 million to complete it. Maybe they needed help and went the joint venture route? A PR is needed here for sure to explain.
From the DNA Perecious Metal site "near term production, not production" :
DNA Precious Metals, Inc. is focused on near term production of the
Montauban tailings mine in the Province of Quebec, Canada with
an aggressive search for economic production assets.
From the DUSS 8K:
On November 21, 2013, Dussault Apparel, Inc. (the “Company”), entered into an Asset Purchase Agreement with Jervis Explorations, Inc. whereby the Company agreed to purchase various mineral claims referred to as “Montauban Gold Tailings”
Happy Thanksgiving DUSS!
There is no scam here. International lawyers do not put untruthful acquisitions into 8Ks with the SEC. DUSS interim CEO is an international lawyer. Do some DD before calling something legitimate a scam. You are wrong.
Yup it is pretty funny isn't it. Shorts here are going to lose BIG. With this acquisition 8K conditions for short sellers have gone completely cold. It is highly advisable that all short positions are closed out. Next week we will see 50m and 100m share buying days in DUSS as news spreads. The biggest players on ihub are here now and their followers are coming with them. Hundreds and hundreds of them.
I agree blue. BCAP 0.0003 is the real bid and we see 3 x 4 bid ask next week for sure. Probably see a 40m or 50m share bid at 0.0003 next week as more investors and traders step up and try to collect what they can by years end. Tax season sellers could allow for 3s to be bought but yeah I agree doubtful anyone will get much 2s any more.
Welcome MOMO! It's nice to see one of the most followed members of ihub buying more shares of DUSS. Very big run ahead here but you know that. Please drop by and post more often.
I agree skidoo. This next run on DUSS will be the biggest and bet yet'
Welcome home and Happy Thanksgiving sir !
DUSS ~ Monster 8k out!! after hours this past Tuesday
The company is Acquiring a company and Gold Claims !!!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9634075
DUSS ~ Monster 8k out!! after hours this past Tuesday
The company is Acquiring a company and Gold Claims !!!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9634075
DUSS former boss Jason Dussault is CEO of another mining company trading on the TSX.V..
DUSS TA IS NOT GAGGED. READ EXPLANATION BELOW:
Greg Deck
1:25 PM (42 minutes ago)
to me , trtruth ,
Hello!
It means that since there are new officers and they are in the midst of providing us with documentation legally authenticating the change, we do no longer have permission to release the information. The previous officer who had given the approval has resigned per notification from her. New officer paperwork has been sent out and we are awaiting the return of the paperwork so we know who the officers are and who the board has authorized to provide the approval to release the information.
Hope this helps!
g
From: Philcheeze
Sent: Wednesday, November 27, 2013 1:18 PM
To: Greg Deck
Subject: Re: DUSS
Hi Greg,
Does your email below mean the share structure has changed and is now gagged?
PC
DUSS board marks increased to 325 from 317, up 8 Today !
Should be up to 400 board marks next week.
We are on our way up to pennies in PPS. CEO update
and 8K of acquisition agreement will add fuel to the buying fire.
DUSS shares = GOLD, literally !
Look for BIG Volume coming in on Monday.
Ungagged TA confirmed via email and a locked
float by strong long shareholders !
I agree. I will keep buying BCAP at 0.0003 until it becomes the bid and then I will stack my bids there !
I slapped the $BCAP ask for a few million shares at 0.0003 today.
I hope to get another 40-50m shares before the SEC filings and news is released in January or Q1.
I totally agree. The big players and groups coming in here now will take the stock to half a penny in the coming weeks IMO. DUSS just became a stock everyone wants to BUY BUY BUY !
The 400M shares for the gold mine claim are most definitely restricted for at least 6 months to a year !
DUSS low float of 302m shares is just about bought up and the move up to pennies will be downright volatile !
Huge run coming when the big traders and investors come back on Monday ! Guaranteed !
Conditions for short sellers has gone completely cold. It is highly advisable that all short positions are closed
out before the 100m buying volume days start kicking in here. Those days are coming !
DUSS big boys are just starting here. Most are off like myself cooking for the thanksgiving holiday !
There is no doubt whatsoever that the big investors and traders will buy up every share of what left in this float and then some. Big move up to multiple pennies coming !
Jason Dussault will take DUSS into multiple pennies with Alberto's assistance !
Expect a BIG move up heading into December and the new year !
Nah. DUSS OS will go up, but with restricted stock as per SEC rules.
The 302M share float will remain constant and thus allow for an incredible move up to penny land !
LOL. DUSS material event 8K = a Much Higher PPS !
Who is buying $DUSS ?
A Massive buying spree starting in the morning on the 8K acquisition of gold mining claims and company !
You, ~ blue ~, and many other big players are just in time for the beginning of large volume buying days of a 302m share float where maybe 35-45m shares are not held tight here. That is how volatile it's going to get! I would be terrified if I was short here. It's going to be vicious ! Acquisition will be finalized with restricted stock so the float will remain the same! Let everyone know.
Welcome! Your timing is impeccable ! The HUGE DUSS Acquisition has arrived and so have the BIG Money Players with it. The buying volume is going to be very strong here. Look for a substantial rally starting tomorrow!! It is strongly advisable that all short positions are closed out immediately !
DUSS board marks increasing every 15 mins !
It's on like donkey kong boys and girls !