I would like to point out that in Dan Ryan's open letter that he wrote("Nevertheless, we expect to be able to complete the retirement of these shares over the next two weeks").Pay special attention to the word expect.
Open Letter To Shareholders
Dear Shareholders,
In response to repeated queries about the status of our company, in particular, requests for more data concerning our gold mine holdings in Russia, ABV Gold, Inc. provides this open letter to its shareholders, as well as the investment community at large.
Management is pleased to report that we have been working diligently on internal structural issues. In this respect, the focus of the last two week’s activities has been to finalize retirement of 132 million shares as announced in previous press releases.
As many of you are aware, this is an important step for our company’s future and of great benefit to shareholders for several reasons: A smaller float will maximize price appreciation once we deliver results on our various projects.
The desire of our shareholders notwithstanding, this share retirement is a complex issue and delays are not unusual considering the number of parties involved in the transaction: We are working with the selling shareholders, Stalt Inc, and our attorney to make sure we complete this transaction. When any party might miss phone calls, fax requests, documentation, certification, verification, the delays can multiply exponentially.
Nevertheless, we expect to be able to complete the retirement of these shares over the next two weeks.
I noticed that alot of people have been disreguarding important words in the pr's of ABVG.