Don't worrie B88


If they FK with us on this one I'm sure the SEC would love to know WHO they are.

I'll let you know.

Don't worrie B88


If they FK with us on this one I'm sure the SEC would love to know WHO they are.

I'll let you know.

Kevin Harrington, Original "Shark" on "Shark Tank" Agrees to Join SharkReach Board of Directors

Harrington Is The Inventor Of The Infomercial, and Pioneer of the "As Seen On TV" Industry. He has launched over 500 products resulting in more than $5 Billion in sales worldwide.

Yeah. I hear you. There were lot's of good reason's to own shares in SLTA. Unfortunately the value was never realized in the fundamentals or share-price.

From my understanding there was and may be there still is friction between Fabio & GL. Fabio doesn't seem to be able to get anything done. In a perfect world I wish GL offered him 50 cents a share buy-out and he walked away. Lifes short he's been president since 2007. Here it sits de listed dead in the water.

Good question. GL is supposed to be doing an IPO this year. Not sure if that's still a go or not. GL bought the Honduras mine in 2003 they didn't bring it into production until 2009. The way Fabio & GL ran the company into the ground it's anyone's guess what they do now.

Huh surprise surprise...


Goldlake's site is back up. Must have been down for maintenance. Low and behold SLTA is still on the site as a project. Maybe there is hope for the piece of toilet paper certificate I have.

Phoning Fabio is useless...

Always has been. The guy was told on many occasions the stock would be de listed. Him and the Vancouver office destroyed the company's listing.

As for Goldlake, simply stupid to not fund the company sinking their own investment. Soltera mining is not on GL's website, from what I can find. Goldlake appears to have no website any-more. Most likely hiding from those out seeking legal avenues to deal with these bunch of incompetent idiots.

Soltera's site is still up. All that's left of "Fabio's dream" looks as though this deal is dead and gone. Dave & Carlton P can tack this one on to the rest of their pump & dump deals they were apart of destroying.

More to come regarding these guys...

Buck up or stfup k. Thats where its at Dave P K.

Talk to Dave Parfitt & Carlton Parfitt

They brought the shell public. Dave apparently can fund and\or find a jv partner Lol...604 685 2300 call ask how they will pull it off ...

"I personally trust Fabio to bring this home. His credentials speak for themselves"

Lol ENZR = dieng SLTA = Dead CGFI = Dead ORRV = DEAD Nice track record Lol

Yah Fabio might "bring it home" kinda like Eureka; sell it to another public company with interest in his private companies. Gee.. the Mexican properties went that way to Lol Living in denial must be bliss!

Speculate on what you like....

To be honest, at this point, I could careless what SLTA does or doesn't do. If the cert I have is worth something one day, great! If not, oh well. Win some lose some. I wouldn't be a buyer or ask anyone around me to be on this deal no matter what they do. The deal from the get go was managed poorly. I don't see that changing neither did the SEC hence where it sits now.

On that note...Good luck all. I think you are going to need it here. Cheers.

If I read it right?

They actually came up with $178,000. I guess GL got tired of throwing good money after bad and walked away. They have an IPO coming up. They may write the whole thing off and carry on with other projects. Who knows.

For whatever it's worth we know where the deal is now. Dead. No point in trying to spur-on a dead horse. It's frustrating watching something so promising turn into such a mess. I can understand everyone's frustration. Nobody invests looking to lose money.

The word "consolidation" as an option should have everyone in the retail float worried. There is still a possibility of many things here, ending up with piddly amount of shares is a real one.

The fact GL did a 200 million dollar deal in Honduras recently doesn't sound like a group hard up for cash or incapable or raising money. I think the problem rests where it always has and still does.

Gappa you for real? You go from suing to you've seen the light Lol

Good grief. Chill out. Go buy a telecom and be happy : )

gappa2 Thursday, 10/08/15 08:29:00 PM
Re: ShawnJon post# 5225
Post #
5230
of 5395 Go
Shawn..........will you lead us and get a list of shareholders so we can sue gold lake. This is BS and was done on purpose to screw all investors and get the proper for cheap with us out of the way........IMO. I have lost lots of money on this. I am pissed.

The best and the brightest don't end up....

With now potentially a second lawsuit. Revoked off the USA stock exchange.

Dumped by a major partner. Burn through over 4 million dollars and have only channel samples to show for it all.

What the SEC did was out of principal. Protection for the investor. There is nothing a sane shareholder would be cheering about right now.

I agree....

Hoping to fade away with out notice. Fraud isn't the only grounds for a lawsuit. The federal government SEC revoked the shares for investors protection. If that isn't damage, What is?

With Goldlake in control of the BOD I think there will be a lawyer willing to go after the current CEO and GL. If SLTA owns the property there is an asset now to go after. Time will tell.

Keep positive...all ; ) Lol

http://www.siskinds.com/start-a-new-class-action/

Might help with direction we should go......


Siskinds LLP filed a $100 million secondary market class action against Canadian Solar Inc., as well as Canadian Solar’s Chief Executive Officer and Chairman, Shawn Qu, and its former Chief Financial Officer, Arthur Chien.

The class action alleges that Canadian Solar’s financial statements for the 2009 financial year did not comply with GAAP and that there were material weaknesses in Canadian Solar’s internal control over financial reporting during 2009.

The action is brought on behalf of all persons, wherever they may reside or be domiciled, who acquired securities of Canadian Solar in the secondary market during the period from May 26, 2009 to June 1, 2010 (the “class period”), except for certain persons associated with the defendants. If you purchased shares of Canadian Solar Inc., during the class period, please complete the online information form. Your information will be held in strict confidence. By completing the form, you are not retaining Siskinds, nor do you incur any obligations in connection with the lawsuit.

Yeah....I seen it coming weeks ago....

Only thing an investor can do (other than join the lawsuit) move on. Waiting for the verdict. Then bye bye to the SLTA ihub board. Nothing ventured nothing gained. Go to fibre optics sector. It's one of the hottest sectors and only heating up!

Unfortunately you most likely will have the sad opportunity to join...


The below statements from the SEC response to SLTA's weak response to why SLTA shares shouldn't be revoked tells me unless SLTA comes up with something very "compelling" as per the SEC response the deal is dead.

I don't think anything less than full-funding, buy-out of El-torno & removal of Fabio as CEO will stop the revoke.



"Few things in SLTA's Opposition better highlight the seriousness of its failure to comply with the periodic reporting requirements than its characterization of revocation asa "death penalty" for the company. Opposition at 5. If the public securities market is so important to SLTA~s fortunes, then the public's access to current information is equally important."


"file periodic reports' is 'so serious that only a strongly compelling showing with respect to the other factors we consider would justify a lesser sanction than revocation.'"

Lol Well if it is "good bye" Most likely be hello again...

In a court room in Nevada. The SEC documents clearly point to where the blame points to = Fabio & Goldlake.

I suppose we will know soon enough...

Nothing from the SEC...Yet!

https://www.facebook.com/fabio.montanari.790

Take a look at fabio's FB page...

Things must be coming along great! Smiley guy/CEO. Lets hope the smiles are because he's going to be richer than some European countries right now.

No I'm not excited...
Taking a shot at a possible positive action by management. Simple as that. Nothing more nothing less.
Don't put words in my mouth. My broker most likely won't be able to trade it anyway. The pink sheets never mind grey sheets are blacklisted in BC.

Most companies go to the grey sheets to die..

Most quote services don't quote grey sheets. I guess you can compare it to watching someone die on life support then an open casket funeral.Lol

A full service brokerage firm should be able to get quotes. Gotta see my broker tomorrow. I'll see what he says. Might take the gamble.

Actually, that trade gets me thinking. ..

For few hundred bucks( gambling anyway) could get a great postion. Something to consider. If the revoke is fixed I could see the stock back at 10 cents quick possibly higher if the fix is strong.

It was definitely a buy...

Hopefully it's not on insider info. That would be stupid with the SEC staring you down. These italians seem to underestimate the SEC. Then again "denial" runs rampant on this board it could be that to. At any rate the clock is ticking down. Lets hope the buying is a positive signal as to the out come of this mess Fabio and Goldlake created.

El torno will need to be drilled before a 43-101report Can be achieved. At the moment SLTA has very limited depth knowledge.

The reverse circulation drill program in 1997 offered up an estimate ore body. Drilling the veil will give up more precise geological estimate. Typically costing $1,000,000 and up depending on over burden seasonal issues labour costs etc. Then there is the cost of the 43 101 report it's self. Then prefeasability report, then feasibility report.

There is no quick solution to the situation. The SEC concerns will need to be addressed first. If SLTA's response to the SEC regarding revoking the company doesn't get better as in proper funding and new CEO a 43-101report will never happen.

As I posted on the weekend...

If GL-Italia shows strong support for SLTA by a strong financing offer coupled with agreeing to a 1 years probationary period and possibly paying fines & removal of Fabio as CEO SLTA may stand a chance with a petition review.

Other than Fabio's weak defence. the SEC didn't see SLTA as a going concern due to the global mining industry decline. They don't look at Gold grades or the financial backer GL as a positive indicator due the lack of compliance by the board being 2 are from GL's side. It's nail biter this one Lol.

Ihub owns the board.

We believed they would get into compliance...I'm not holding my breath they filed a petition.

I was told news was coming from SLTA last week. Not surprised it didn't come out. The SEC makes everything public. Days away from knowing the out-come here.

NOVEMBER 17, 2010
SEC/BCSC Filings

Steps are being taken to allow Soltera Mining to complete all requisite SEC and BCSC filings with a view to bringing the Company into compliance of reporting requirements as soon as possible.

I know hey...

What a weak defence SLTA put up. There's more reasons for why the filings weren't made compliant. The only way to find-out the whole truth from 2007 on ward is a lawsuit. Somebody may file if the company is revoked.

Like any traumatic event, there will be initial shock. Then anger will set in.

The lawyer and auditors speak perfect English. Bs excuse by Fabio.

Tic Toc...if nothing's been filed to stop revoke by now the end is near...


This is part they need to prove wrong: And there is “substantial doubt regarding [Soltera’s] ability to
continue as a going concern.” 2014 Form 10-K at F-6. This doubt is heightened by the fact that the global mining industry is currently “depressed” and efforts to raise capital are “significantly
challenging.”

registered securities of Soltera Mining Corp. is hereby REVOKED. Soltera’s motion to “set case for trial” is DENIED as moot.

This Initial Decision shall become effective in accordance with and subject to the
provisions of Rule 360, 17 C.F.R. § 201.360. Under that Rule, a party may file a petition for
review of this Initial Decision within twenty-one days after service of the Initial Decision. A
party may also file a motion to correct a manifest error of fact within ten days of the Initial
Decision, pursuant to Rule 111, 17 C.F.R. § 201.111. If a motion to correct a manifest error of
fact is filed by a party, then a party shall have twenty-one days to file a petition for review from
the date of the undersigned’s order resolving such motion to correct a manifest error of fact.
This Initial Decision will not become final until the Commission enters an order of
finality. The Commission will enter an order of finality unless a party files a petition for review
or a motion to correct a manifest error of fact or the Commission determines on its own initiative
to review the Initial Decision as to a party. If any of these events occur, the Initial Decision shall
not become final as to that party.

Goldlake Italia....

Now, what it's REALLY about.

Needs to put up $5,000,000 for the property buy-out & operation capital. If they don't the deal will not get past the SEC judgement. Not sure why it's so difficult for some investors to understand?

GL needs to put in a new CEO. The SEC has major issues with Fabio. All of the facts are clearly posted on the SEC data-base.

For those who want to listen to people who have only demonstrated complete incompetence in funding and operational management of SLTA in the past and present, that's your deal. Don't expect us who live in reality to live in your denial with you. $500k will not dig this dog-out of the hole it's in.

Lol Losing money sure turns some into freaks.

Lets face it dude. If the stock was doing well you wouldn't be whining and posting all this crapola. Face it, it is the stock market/money.

Sorry I don't have time to entertain or read all that crap

By the way, there is an SEC document you can read that will show you the "out come" not my doing pal. I'm just relaying the message they sent to the company. You don't like it, email them all the BS you are posting here.

This is the stock market. Ask yourself why you are here...

Before you preach to us. Thanks.

Lol...hope this helps you mas?

It's nobody's fault here why SLTA is going under...

Nobody here could influence managements decisions. They chose not to file. They chose not to follow SEC rules. We all stuck around too long. I should have walked away in 2008 when I seen the crap going on in the Vancouver office.

Greed caught us all off guard on this one. There is absolutely no reason to stay invested in a company not following regulatory compliance.

The insanity is in us all on this one. Take responsibility for yourself and just walk away. Chalk it up to a learning lesson.

We bought in @ 3 cents ample time to make money over the years...

And I did. I'm not interested in going after SLTA it's crippled. Goldlake has the money to drag this through court forever. In 4 days the deal will most likely be put out of it's misery. End of story.

I know there is nothing you can do about SLTA....

I highly recommend you stop listening to whoever it is telling you SLTA can be saved unless it's Goldlake telling you. Anyone else is feeding you BS. If there was any interest in funding SLTA from an "outside source" it would have happened years ago. SLTA doesn't have "many options" it has ONE! Get funded by the owners or get de-listed. The count down started Oct 1st. Tic Toc.