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Secretary & Treasurer – Mr. Bradley R. Wilson
Bradley Wilson has been in the international business and real estate investment arena for more than 25 years. Mr. Wilson presently acts in advisory and management capacity for a number of public companies. During the span of Mr. Wilson’s career, he has been actively involved in mergers, structuring, IPO’s and fund raising for both private held and publicly traded companies. Several years ago he served as President of Mercbank Capital Investments a financial service company.
Mr. Wilson’s qualifications and expertise include P/L & Performance Improvement, RTO and IPO Mergers, Acquisitions & Divestitures, Capitalization Strategies, Due Diligence, Deal Structuring & Negotiations, Seed Financing, Portfolio/Account Management & Growth, New Business Development, and Client Relations.
Vice President of Business Development – Mr. Marc Dame
Marc Dame has 25 years of experience and industry knowledge in corporate management, engineering, marketing, public markets and financing of companies in the petroleum, natural resource, technology and manufacturing sectors.
Mr. Dame possess extensive expertise in petroleum and natural resources corporate and operations management, production operations and exploration and development activities in both Canada and the United States.
Mr. Dame is the past President and director of Goldnev Resources Inc., a public energy company and has been a founder and executive officer of several public and private oil and gas production, natural resource and technology companies and has managed the operations more than 200 oil and gas wells and associated facilities in Western Canada. Mr. Dame is a director of two investment banking firms with offices in Calgary, Alberta and Beverly Hills, California, specializing in investment banking, and capital markets with an emphasis on the financing, consulting on public markets and restructuring of public companies and private companies considering a public listing.
CONTACT US
Email Address:
Email: ir@ghanagoldcorporation.com
Contact Address:
USA:
595 Stewart Avenue
Garden City, NY. 11590
United States
Ghana:
P.O. Box 292
Offinsu Agyepra,
Ashanti Region, Ghana
Toll-Free Telephone Number 866-340-3095
http://www.ghanagoldcorporation.com/
---
Making money in the stock market isn't that hard once you have the mechanics down. What to do, what not to do, traps to avoid, etc. Like anything in life, it becomes second nature if you try it, fail, learn from your mistakes, and move on.
Now isn't the time to dig up the past. Some here fell into the "right company, wrong time" trap but that's about to change. I'm perplexed as to why people are whining when SIAF is about to turn the corner.
GLTA.
The smell of SIAF money is so strong, I can just touch it. Maybe after a sustained run I'll go to Sweden and do a photoshoot with some Swedish models and invite Viking along for the shoots.
Say it with me now,
e-z money
e-z as a-b-c
e-z as 1-2-3
S I A F
You and me
Make e-z money
Can't go wrong with follow the big money play. But let me give you one example of a big money play.
In early 2012 Warren Buffett announced that he liked coal as a long term investment. People found out that Bill Gates had invested over $50 million in Patriot Coal.
Patriot Coal is now in bankruptcy.
"Stock market has nothing to do with meditating, actually it has nothing to do with anyone in person."
If you only knew the power of the Zen, my friend. Making money in the stock market is about using our minds to make the right decisions. When your mind is pure and free of impurities, your decision making process becomes impeccable and your stock selections meticulous.
In everything, there is the subjective, neutral, and objective views. You must, through mediation, train your mind to see the objective view of the world.
I can smell that SIAF money.
Your nose is not attuned to the Zen, Andrew. Try meditating for a several weeks and come back with a different answer.
"They are trying to drive volume to kill the short positions."
A short squeeze works best when the float is tight because there are less shares to borrow. A stock with a large float is an ideal short candidate because shares can easily be borrowed.
I think FITX will hit $0.05 one day but it's unrealistic to call it during a p&d episode.
Under SEC guidelines a company can become part of a promotional stock campaign as long as the promoters divulge their compensation to their readers and subscribers. That's how a few on this board, such as RJAnderson, were able to find the exact number of paid promoters for this p&d episode.
If the company didn't pay them, then who paid them?
FITX was mentioned in about 40+ or 60+ pump letters. Those guys work for free?
Those shares still need to hit the market, increasing the O/S by 20%+.
The last two days I sat back and giggled while some were calling for $0.05. Now, they're still doing the same thing with a 20%+ increase in O/S around the corner.
The last known O/S was 673,586,780 and according to you some note holders have converted.
The expected shares still to hit the market are
(673,586,780 + converted shares) x .2 = 134,717,356 million + unknown number of converted shares.
If what you're saying is correct, we still don't know how many shares were converted. Because they converted before April 2nd (the deadline for the 20% stock dividend) their shares are entitled to the 20% stock dividend also. Unless there are restrictions in place we're not aware of.
Again, dust hasn't settled yet, IMO.
20% more shares to hit the market after April 2nd from the 20% "stock dividend."
The dust has not settled yet, IMO.
Can you visualize touching that SIAF money?
WOF is another great company, and a sure hit. It's been on my watchlist for quite awhile.
Be careful of the "right company, wrong time" syndrome.
Can you smell that SIAF money?
Can you feel that SIAF money?
In my experience, high revenue growth OTC stocks that rely on dilution are like fine wine. The way to play them is to let other people nurture them for a few years while you try other mature wines in the vineyard. Then when you feel the time is ripe, go back and enjoy that fine SIAF wine.
"Anyway, what kind of volume of new buyers do you expect on FN?"
I absolutely don't know what the future holds. I've looked at what JF did with Africa Oil and, all other factors aside, the risk at this point for me is to be on the sideline.
"This company dumped 40-50M shares in last 2 years, all under a dollar and most around 60 cents."
That's a pittance in pinkie and OTC land. I know a few that have issued hundreds of millions and even billions of shares with no profit to show for and investors (if you can call them that) gobble up those shares.
The last time the sentiment of the board was this low from the longs, I bought a trade position at $.38 and got out and $.68 in 8 days.
We're heading into the home stretch and whether some of you like it or not, big things are around the corner. Now is the time to buy, not sell, IMO. And if the price drops, keep averaging down.
I don't know all the details of Mr. Wilson's background, but you may be over-emphasizing or exaggerating his role in the company. He's a Secretary and Treasurer. There are two other people who have more important roles than he and they have solid backgrounds and resumes.
Keep in mind, the company is already producing gold, unlike most juniors still "looking" for gold. GGCO also has over $10 million in assets (mostly equipment) and very attractive properties.
This is pinkie land so anything is possible, but time will tell...
------------------------------------------------------------
Chairman of the Board / Chief Executive Officer – Elaine Affleck
Chief Operating Officer - Mr. Robert Kirkcaldy
Chairman of the Board / Chief Executive Officer – Elaine Affleck
Ms. Alice Elaine Affleck serves as the Chairman of the Board of Ghana Gold Corp. and has been its Chief Executive Officer since December 2010. Ms. Affleck serves as the Chief Financial Officer, Secretary and Treasurer of Braz Diamond Mining Inc.
Ms. Affleck is Executive Assistant at Worldwide Golf Resources Inc. Ms. Affleck served as the President of Ghana Gold Corp. from December 2010 to January 2013.
She served as the Controller and manager of Administration for National Healthcare Manufacturing Corporation since August 1993. She served as Secretary and Treasurer of National Healthcare Manufacturing Corporation since May 1995. Her additional controllership from 1987 to 1991 with EA Computer Accounting & Tax Services.
Ms. Affleck worked with Anesco Group (including administration and accounting for a group of companies employing in excess of 175 personnel) from 1984 to 1987 and with Alpine Blasting Co. Ltd. (including responsibility for expenditures and accounting for this corporation with a $10,000,000 budget) from 1971 to 1979.
Ms. Affleck has been a Director of Ghana Gold Corp. since February 10, 2010.
She has been a Director of Worldwide Golf Resources, Inc. since July 1997. She has been a Director of National Pharmaceuticals Corp. since February 2010. She serves as Director of Braz Diamond Mining, Inc.
Ms. Affleck served as a Director of National Healthcare Manufacturing Corp. since August 1993.
Chief Operating Officer - Mr. Robert Kirkcaldy
Robert Kirkcaldy spent his formative years on the Copper Belt of Zambia bordering DRC; one of the world's richest copper and gold mining regions. His early business career involved transport, logistical, commodity and general trading operations in sub-Saharan Africa, and in the mid-1970’s he was instrumental in initiating the largest transport company in the southern hemisphere.
Many years later between 1996 - 2000, he identified and helped open up a large coking coal mine in the interior of Africa, currently owned by BHR Mining which has an off take agreement with Global Coke as well as a marketing partnership with Vitol Group respectively. Mr. Kirkcaldy has gone on to specialize in mining, energy and infrastructure projects, and has advised large corporations such as Rio Tinto Mining, Meridian Corporation, Cheyne Capital and Lonhro, etc.
Throughout the years Mr. Kirkcaldy has accumulated strong business as well as government links. This has put him in a position not only to guide large international corporations on their mining and energy acquisitions, but also various national governments; including Malawi, Zambia, Mozambique, Sudan, Nigeria, Ghana and Madagascar, in ecologically managing their mineral and energy resources. Mr Kirkcaldy alternates between Ghana - where for some years he has been identifying and developing suitable gold resources for commercial exploitation - and his home in London, England.
$10 is a conservative estimate. $20 easily by 2PM! Buy now! Last chance!
Sarcasm, try it sometimes.
Okay!
Buy now! This stock's hitting $10 by 2 PM! Get in now before it's too late! Sell whatever you have and buy FITX!
Bro, the other day you were calling for $.03 and $0.05. Now, is the time to buy, IMO.
If the Canadian federal government has allowed Hibernia and the Alberta tar sands projects to proceed, what unwarranted precedence would they have to stop Shoal Point?
It may be different at the local level, though.
If the next IR person is a Swedish blond female, SIAF goes kaboom!
Seriously, the next IR person should be fluent in Swedish.
"But as I also have stated before, the reason why I sold is that management has disclaimed their own shares."
Everyone's situation is different, but if I were in this deep with pressing concerns I would clench my teeth, wait for the FN listing, and hope for the best.
LOL. I'm still a young lad. If sales of tangible goods are over 80% of overall revenue, I'm holding this stock for 5+ years.
Viking, I feel another party coming up. Don't know the exact time this time but my Zen tells me it's coming.
The other day Chad posted a message that gave the impression the FN listing was a given, not a matter of if but only when. If that's the case, I hope Jordan Fund pulls the same run with SIAF as they did with Africa Oil.
"Do you know how much money I have made this past month? "
That's awesome to hear. Thanks to Uncle Ben's quantitative easing policy, most of us are making:
http://stickerheads.com/images/ezmoney.jpg
IMO, Reebok Crossfit is the perfect place to sell EnerJel. There are about 5,000 locations worldwide (about 2,800 U.S. locations if I remember correctly) and Daymond John already has the contacts to Crossfit. If we can get EnerJel into those locations and sell just 1 a day at each location, revenue would be huge. One EnerJel per day at each location is very realistic.
Some of the stuff they do at those workouts are amazing.
5,000 x $20 = $100,000 per day x 365 = 36,500,000 per year worldwide.
2,800 U.S. locations X $20 = $56,000 x 365 = $20,440,000 per year U.S. locations.
With EnerJel being the top muscle rub at GNC and Tiger Woods behind the Fuse brand and Daymond John on board, management should be jumping on this opportunity.
This is the reason I think we should wait until after the June quarter to pass judgment on management.
------------------------------------
MIAMI LAKES, Fla., Feb. 19, 2013 /PRNewswire/ -- Fuse Science, Inc. (OTCQB: DROP), (www.fusescience.com) a consumer products and delivery technology company that is developing new, patent-pending technologies poised to redefine how consumers receive energy, medicines, vitamins and minerals announced today that they have added Midwest-based drug retailer Discount Drug Mart to their list of retailers. Fuse Science has shipped all products to the 80 store chain based in Ohio and Pennsylvania and will very soon have EnerJel™ at the pharmacy and PowerFuse™ and ElectroFuse™ at checkout.
In addition, Fuse Science has partnered with world-class athlete and CrossFit trainer Nathan Forster , co-owner and operator of the exclusive Reebok CrossFit gyms in New York and Miami and equipment supplier to CrossFit facilities all across the United States. All three Fuse Science products are being shipped into the Reebok CrossFit facilities. Additionally, Forster will use his relationships to integrate Fuse Science products throughout all the CrossFit gyms in the United Sates.
Ohio-based Discount Drug Mart, Inc. opened its first store in Elyria, Ohio in 1969. Since that time, they have established retail outlets in over 20 Ohio counties and currently operate 80 stores. The company also expects to announce further expansion within the year. For more information, visit www.discount-drugmart.com.
EnerJel™ is Fuse Science's innovative, performance-driven topical muscle and joint rub, which utilizes elements of their cutting edge delivery system. The proprietary formulation helps address site specific muscle fatigue, delivers an energized feeling and it is made with all-natural ingredients. PowerFuse™ and ElectroFuse™ are Fuse's revolutionary consumable DROP products which deliver All The Energy You Need In A Single Drop™ and deliver All The Electrolytes You Need In A Single Drop™.
To learn more about "The Evolution of Energy™" visit www.poweredbyfuse.com and find out what it means to be Powered by Fuse®!
"The amount of GOODS BOUGHT per customer and NEW CUSTOMER is outrageous for the users."
If
(COGS + SG&A) > selling price
the company losses money. If a company makes something for $1.20 and sells it for $1.00, the more they sell, the more they lose. MSLP management has had over 4 years to figure this out but the bleeding continues.
Do you know how much money I've made "stock-hopping" while some people are sitting on dead money because they think some of the stocks they own are the best thing since sliced bread?
Just my amateur opinion, so do your own DD.
Have fun, DS.
"...bezos is close to being a billionaire."
I hope you were being sarcastic because Jeff Bezos is worth about $25.2 billion.
http://www.forbes.com/profile/jeff-bezos/
I closed all my MSLP positions today.
Up 27% on my long position.
Up 30% on my first trade position.
Up 47% on my second trade position.
MSLP is going into its 5th year of business and it's still losing money. In the last 3 months alone it has managed to stay in business only by:
1. Getting a $1 million bridge loan at a pawnshop interest rate.
2. Receiving $12 million through a offering that gave away 50% of the company.
3. Receiving another $6 million in a recent offering. The 1st calendar year quarter is almost over and the fact that they need $6 million in working capital could be a signal to expect a loss for the current quarter also.
I don't think it has a viable business model. The 4 year trend for for MSLP has been very clear: The more revenue grows, the higher the losses, and the more the stock drops. Then management releases a bunch of fluff PRs, gets the money to keep the business going... wash, rinse, repeat.
Just an amateur opinion form a prokopton (a student in Greek), so do your own DD.
I'll be back when another trading opportunity arises or when the company is CFP or profitable.
GLTA
Talk about
e-z money
e-z as a-b-c
e-z as 1-2-3
I Z E A
You and me
Make e-z money
I'm not sure if this is a false rally or a prelude to bigger things heading into the conference call next week.
Thanks. And if it goes down? This doesn't sound like a conventional dividend but a reward to get the pps up.
In my experience, it's very hard to move a stock with a 1.3+ billion float (after the split). I think I'll keep what I have and stay out until the dust settles.
GLTA.
"The record date for the forward stock split dividend will be April 2, 2013."
Before I add anymore shares, what is the dividend yield? When is the first dividend payment date? Is it a quarterly or semi-annual dividend?
I wasn't able to find those in the press release. It's vague to say that they'll pay a dividend and omit the two most important facts: the yield and commencement date.
"535 million O/S? Really?"
A lot more than than.
Shares Outstanding 673,586,780 a/o Dec 31, 2012
Authorized shares were 700,000,000. They may need the money for expansion. I'm not sure if this p&d episode was to raise awareness or funds because they were pretty close to their A/S limit, if that hasn't changed.
http://www.otcmarkets.com/stock/FITX/company-info
"BTW, I don't want to stop being risky; I just want to start being more calculated and bring more tools to the GAME."
Anderson Silva. That's game! He can knock opponents out with punches, knees, kicks, elbows, submissions. He's got game! He's got all kinds of tools that'll make you dizzy. You're right, the more tools the better.
You gotta know how to evaluate a company like an investor, time your entry like a trader and exit like a Zen Master. That's game.
Have fun.
We should all relax and reserve judgement until the end of June quarter. If there isn't a significant revenue improvement from the December quarter, then I'd be extremely concerned. This quarter is a write-off, IMO.
They've raised the money, have Daymond John and his connections, have top-tier athletes and said they had distribution deals lined up.
There should not be any more excuses from management after the June quarter. Until then, let's just ease off a bit on the rhetoric and relax a bit.