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I took a starter position today just under .37....I like their location to one of China's largest miners, the ease of "re" drilling holes once drilled by the Russians.....and lastly, I just think as gold rises, the majors are going to be forced to buy up the smaller players....
I just had this happen with my position in XRA, getting purchased by GoldCorp (GG).
I also hold the following:
Victoria Gold
AuRico Metals
International Tower Hill Mines
Alexco Resources (mostly silver play)
VANCOUVER, BRITISH COLUMBIA -- (Marketwired - May 15, 2017) - Kenadyr Mining (Holdings) Corp. (TSX VENTURE:KEN)(OTC PINK:KNDYF) (the "Corporation" or "Kenadyr") is pleased to announce that drilling has commenced on the South Zone of Kenadyr's 100% owned Borubai License, Kyrgyz Republic.
The South Zone is directly adjacent to Zijin Mining Group Co Ltd.'s ("Zijin") Taldy-Bulak Levoberejny ("TBL") Mine deposit, currently in production.
Initial drilling is designed to intersect an area which was previously drilled by the Soviet's between 1970 and 1990, and which intersected significant gold mineralization.
The South Zone is open in three directions and to depth and drilling in this zone has the potential to see increased grade of the mineralization (from historic numbers) as a result of increased core recovery (core recovery during Soviet drilling averaged only 60% recovery) and the use of Fire Assay versus ICP analysis techniques (which were predominately used during Soviet assaying).
The target depth of the initial drill hole is 850 meters.
Kenadyr is in a strong position to embark on this upcoming program, having a strong balance sheet, no debt nor significant payments owing, a strong institutional shareholder base and a management team with extensive in-country operational experience, and merger and acquisition expertise.
Dr. Alexander Becker, Kenadyr Chief Executive Officer, states, "Drilling has now commenced, ahead of schedule and this is a testament to the team's strong efforts in the field along with the efficiency of QED, the drill contractor. The South Zone is a high priority area for Kenadyr with excellent underlying geology. It is open and strongly mineralized at the extent of drilling, according to historical results, and we look forward to retesting this area, to confirm the high grade results reported from previous drilling."
Kenadyr's Borubai project comprises a 100-per-cent-owned exploration licence covering a contiguous 164-square-kilometre land package that encircles the Zijin/Kyrgyz/Altyn newly constructed and operational TBL mine, in northern Kyrgyz Republic.
Zijin, the majority owner of the TBL mine, is one of China's largest gold producers, second-largest copper and zinc producer, as well as a major producer of tungsten and iron ore. In 2015, Zijin's sales revenue and net profit attributable to the parent company reached $11.44-billion (U.S.) and $255-million (U.S.), respectively, ranking first and second, respectively, among 14 major global public gold miners (source: Zijin website). According to a news release published by Zijin. on Aug. 15, 2011, the national resources table of Kyrgyz Republic stated that the TBL field contains (C1 plus C2) 8,906,100 tonnes of gold ore (the average grade is 7.23 grams per tonne) and the gold metal volume is 64,420.5 kilograms, among which the C1 grade (initial mining reserve) is 4,949,754 tonnes of gold ore (the average grade is 7.02 grams per tonne) and the gold metal volume is 34,754.6 kilograms. The TBL mine is designed to produce 125,000 ounces of gold per annum. The TBL mine deposit is directly adjacent to Kenadyr's initial drill target, the South Zone, which was previously drilled by the Soviets, with drilling on the Bourubai License exceeding 98,000 meters.
Readers are cautioned that the resource and reserve estimates relating to the TBL mine do not extend to the Borubai project. Kenadyr has not independently verified the information with respect to the TBL mine provided in this news release and it is not necessarily indicative of the mineralization on the Borubai project. A qualified person has not done sufficient work to classify the historical estimates on the TBL mine as current mineral resources or mineral reserves, and Kenadyr is not aware of the resource and reserve categories, or the key assumptions, parameters and methods used to prepare the historical estimates on the TBL mine. Kenadyr is not treating the historical estimates on the TBL mine as current mineral resources or mineral reserves as defined in National Instrument 43-101. While Kenadyr considers the historical estimates on the TBL mine disclosed in this news release to be relevant to investors, Kenadyr cautions readers that they should not be unduly relied upon in drawing inferences on the mineralization on the Borubai project.
Kenadyr's Borubai project, which surrounds the TBL mine, has been the subject of extensive historic exploration including drilling (98,200 metres in 184 diamond drill holes), trenching (13,800 cumulative metres), bulldozer cuts (33,400 cumulative metres), geologic mapping at 1:25,000 and 1:50,000 scales, ridge, spur and grid soil geochemistry for multi-elements (14,200 samples), rock geochemical sampling (2,320 samples), pan concentrate sampling (790 samples), 100 metres of adits, and 184 metres of underground raises. Additionally, the entire area has been subject to airborne magnetic, radiometric and gravity surveys, as well as ground-based resistivity and induced polarization surveys. Additional high grade gold targets exist throughout the Borubai license. The entire license has been subject to extensive geochemical and geophysical surveys, with follow up trenching and drilling on only a few of the identified anomalies.
Additional information in respect of the Corporation's business and the Borubai project is available in the Corporation's filing statement dated February 27, 2017, available under the Corporation's profile on SEDAR.
Kenadyr has an expert team of mine developers with considerable local and regulatory knowledge, led by Chief Executive Officer Dr. Alex Becker, who has operated successfully in the country for much of the past 20 years. The board and management team includes; R. Stuart (Tookie) Angus (Chairman), Alexander Becker (Chief Executive Officer), Bryan Slusarchuk (President), Douglas J. Kirwin (Director), Brian Lueck (Director) and Kevin Ma (Chief Financial Officer). Mark Eaton will act as an adviser to the Corporation.
QED and its predecessor company have a 30-year history and QED has grown their business to be an industry leader in the provision of drilling services to varied clients. QED's services includes diamond drilling, reverse circulation (RC) drilling, RC grade control, geothermal, geotechnical drilling, water boring and slope stability solutions. QED acts as a drill contractor for multiple public and private companies around the world including major, mid-tier and exploration focused companies.
Kenadyr has 83,947,623 common shares issued, along with common share purchase warrants exercisable at various prices for an aggregate of 4,633,044 common shares, and 8,385,000 incentive stock options exercisable at $0.80 per share and subject to vesting.
Brian Lueck, P. Geo, a director of Kenadyr and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information in this news release.
On behalf of Kenadyr Mining (Holdings) Corp.
Dr. Alexander Becker
Chief Executive Officer and Director
most enjoyable, lol.....
ride safe my friend!
FROM TODAY'S 10-Q FILING: STOCK MANIPULATOR’S SUIT – At the advice of counsel, the Company has temporarily suspended the civil action against stock and pricing manipulators, due to the activation of a criminal case against these identified parties, which involves their posting of knowingly false, misleading, malicious and defamatory statements against the Company and its managers as part of a stock-price manipulation scheme. The decision to temporarily suspend the HHSE civil action was made after a March 29 meeting by HHSE managers with the F.B.I. and U.S. Attorney’s office, which followed an extensive (three-year) investigation by the F.B.I. to identify the xxxx xxxxxxx, and generate evidence of their illegal trading schemes. The HHSE civil action can be reactivated at any time, if it appears that there would be assets to seize after the criminal proceedings.
shhhhh, I'm having a conversation with an oak tree...no olive trees where I be, lol
https://seekingalpha.com/pr/16829985-oliveda-international-inc-germanys-leading-natural-cosmetic-innovator-debuts-ny-international
OLIVEDA International Inc., Germany's Leading Natural Cosmetic Innovator, Debuts on the NY International Stock Exchange (NASDAQ)
Thu May 11, 2017 8:00 AM|PR Newswire|About: OLVI
SANTA MONICA, California, May 11, 2017 /PRNewswire/ --
What started in 1997 as a personal health quest, turned former German real estate broker Thomas Lommel into a natural skin and body care manufacturer and Founder and CEO of OLIVEDA and Olive Tree People.
Today, OLIVEDA leads the way in natural cosmetics and health, wellness and science innovation internationally, all the way from Germany via Mediterranean olive groves to NASDAQ, with an initial public offering in May 2017.
After successfully curing himself with the help of substances from the olive tree and developing his first product and his famous "Olive Tree Therapy" in 2001, Lommel founded OLIVEDA in 2003. The "Olive Tree Therapy", coined a type of "Mediterranean Ayurveda" by enthusiastic fans and patients, has been proven by medical tests to set back its patients' biological clock up to "10 years in 14 days". A book with the same title is available in German and English. The effectiveness of this body and soul therapy has been confirmed by physicians and laboratories all over Europe.
All OLIVEDA products are based on the tremendous healing properties of the extracts of the olive leaf. Unlike conventional cosmetics that consist of seventy percent of water, OLIVEDA's effective main ingredient is the highly potent "cell elixir" or "juice extract" from the olive leaf, which empowers olive trees to thrive for up to 4000 years. Over 65 holistic concoctions for both internal and external use are part of the cult label's broad product range. OLIVEDA has fans all over the world, including many celebrities.
Lommel also believes that "his" trees communicate with one another and with humans, with amazing therapeutic effects. In 2015, OLIVEDA developed a completely new type of "wearables" or high tech "wristbands", called "Olives", connecting people all over the world with the energy and information of OLIVEDA's mountain olive trees in the remote Spanish olive grove. Thomas Lommel calls it "Olive Tree Homeopathy." The high-tech bracelet also offers a comprehensive beauty and stress management based on the principles of the "Olive Tree Therapy" and meditation to the sound of the trees. Naturally, the "Olive" wristlet also measures heart-beat, blood pressure, steps, sun intensity, calories, etc.
With OLIVEDA International Inc. (OLVI), Lommel combines the growth markets of high tech organic cosmetics and green tech "wearables", creating natural synergies. The main protagonists and foundation of the entire business are the mountain olive trees. Currently, OLIVEDA owns and preserves 10 million square feet of mountain olive trees.
By September 2017, the "wearables" sector will be incorporated into OLIVEDA International Inc., starting with the German headquarters, which has generated more than 65% growth in Germany, Austria and Switzerland in 2016. It merged into OLIVEDA International Inc. in April 2017.
For OLIVEDA's May 2017 IPO, Thomas Lommel anticipates a market capitalization of $50 million. After the successful launch of the globally unique wearable "Olive" and OLIVEDA cosmetics' further international expansion, a market capitalization of at least $200 million is predicted for 2020.
In 2015, OLIVEDA developed its Olive Tree Pharmacy store concept. With stores in Berlin, Düsseldorf (Germany) and Taipei (Taiwan) already in operation, a Los Angeles location will open in the summer of 2017. The company is positioned to operate an additional 20 stores plus 100 franchise stores around the world by 2020.
CRIM NEWS
Arclight Films Takes Crimson Forest Entertainment's Mystery Thriller 'Pali Road' To World Market Premiere In Cannes
PR Newswire
LOS ANGELES, May 15, 2015
LOS ANGELES, May 15, 2015 /PRNewswire/ -- Crimson Forest Entertainment (OTCBB: CRIM), a global independent motion picture studio, today announced that Arclight Films will serve as the international sales agent for the company's mystery thriller, "Pali Road."
Movie poster for Crimson Forest Entertainment's "Pali Road" starring Jackson Rathbone from the highly successful, "The Twilight Saga," Sung Kang from the hit box office franchise, "Fast & Furious," Henry Ian Cusick, best known for his roles in "Lost," "The Mentalist," and "The 100," and Michelle Chen, who received the Asia Rising Star Award for her role in the movie, "You are the Apple of My Eye," one of the highest grossing Taiwanese films in the history of Chinese cinema.
"Pali Road" stars Jackson Rathbone from the highly successful, "The Twilight Saga," Sung Kang from the hit box office franchise, "Fast & Furious," Henry Ian Cusick, best known for his roles in "Lost," "The Mentalist," and "The 100," and Michelle Chen, who received the Asia Rising Star Award for her role in the movie, "You are the Apple of My Eye," one of the highest grossing Taiwanese films in the history of Chinese cinema.
Set in Hawaii, "Pali Road" tells the story of a young doctor who wakes up from a car accident and discovers she is married to another man and living a life she can't remember. Based on an original screenplay written by Doc Pedrolie and Victoria Arch, the film blurs the lines between reality and fantasy. Her search for the truth to her past life will lead her to question everyone around her and her entire existence.
"We are excited to work with Arclight Films to introduce 'Pali Road' to audiences on a worldwide scale," said Director Jonathan Lim, who also serves as chief executive officer of Crimson Forest Entertainment. "The talented diverse cast, pace-quickening plotline and immersive cinematography are well poised to capture the imagination of viewers far and wide."
"We're thrilled to be working with Crimson Entertainment on a film that combines and captures the excitement of a mystery thriller with a unique cultural twist," said Clay Epstein, SVP Sales and Acquisitions for Arclight Films. "'Pali Road' has all of the elements for success across the global marketplace, and we are very happy to be aboard."
Pali Road is produced by Kenneth Burke. Producers include Daxing Zhang, Jon Chiew of Huace Media and Xubing of BKW Entertainment. Executive Producers are Grace Zhang and Geng Ling of Dadi Digital Cinema & China Film Assist, Ricardo S. Galindez and Roy J. Tjioe of Island Film Group, based in Honolulu, Hawaii, Anthony Lim and Danny Chan. This is the first project in a slate of three films that Crimson is co-producing with Dadi Digital Film, China Film Assist, and Cuixing Media Group who will distribute the film in China.
About Crimson Forest Entertainment
Crimson Forest Entertainment is a publicly traded, global independent motion picture studio that finances, produces and acquires theatrical quality feature films and television series with budgets up to $25 million for worldwide distribution. Based in Los Angeles, the company plays an integral role in all aspects of the production process and looks to make strategic investments across a project's life cycle. Management's experience in the China entertainment industry has allowed the company to successfully conceptualize, produce and distribute various film and television projects into the local Chinese market and to position itself as a valuable partner in the ever-growing Chinese theatrical marketplace. For more information, visit the Crimson Forest Entertainment website at www.cfeg.tv.
About Island Film Group
Island Film Group is a Hawai'i-based entertainment production and financing company. Through its related companies, Island Film Group works with local, national and international filmmakers to develop and produce film and television projects in and about Hawai'i for domestic and international distribution. To learn more, visit www.islandfilmgroup.com.
About Arclight Films
Arclight Films is one of the world's leading international sales companies for theatrical, television and home video. Arclight Films has sold over 300 motion pictures including the Best Picture Oscar® winner CRASH, and Golden Globe® Best Picture Nominee BOBBY.
Arclight Films additionally encompasses subsidiary labels Darclight Films, the edgy genre-driven division of the company whose films include the worldwide horror hit WOLF CREEK, action thriller BAIT 3D and a current slate that includes WOLF CREEK 2, and Easternlight, a specialty arm showcasing Asian cinema with the largest film library of any non Asian-based indie film label. Films sold under the Easternlight banner include the worldwide blockbuster FORBIDDEN KINGDOM starring Jackie Chan and Jet Li, 14 BLADES starring Donnie Yen, legendary auteur Chen Kaige's SACRIFICE.
The latest additions to Easternlight include SNOW GIRL AND THE DARK CRYSTAL starring Li Bingbing, OUTCAST starring Nicholas Cage, SPECIAL ID starring Donnie Yen, BADGES OF FURY starring Jet Li and Cannes Film Festival "Directors Fortnight" official selection and Toronto International Film Festival Gala Selection DANGEROUS LIAISONS starring Zhang Ziyi, Cecilia Cheung and Jang Dong Gun.
Some of the latest additions to the Arclight Films' slate include PREDESTINATION starring Ethan Hawke now in release through Sony Pictures, LAST KNIGHTS starring Clive Owen and Morgan Freeman, RECLAIM starring John Cusack, now in release through Lions Gate, and Australian Blockbuster PAPER PLANES starring Sam Worthington.
Arclight Films maintains a presence at all major motion picture and television festivals and markets with offices in Los Angeles, Sydney, Hong Kong, Beijing and Toronto. For more information on Arclight Films please visit www.arclightfilms.com
Investor and financial media contact:
PondelWilkinson, Inc.
Evan Pondel |+1-310-279-5980 | epondel@pondel.com
Media contact:
Lon Haber & Co. | IPPR
Lon Haber | +1-323-620-1675 | lon@lonhaber.com
Photo - http://photos.prnewswire.com/prnh/20150515/216304
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/arclight-films-takes-crimson-forest-entertainments-mystery-thriller-pali-road-to-world-market-premiere-in-cannes-300084181.html
SOURCE Crimson Forest Entertainment
Copyright © 2015 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
For my precious metals followers.....some recent updates to my account....
as stated in an earlier message, My Exeter Resources (XRA) was/is being purchased by GoldCorp (GG). I did very well (over 300%) on this holding, but I have decided to tender my shares to Goldcorp on a 1 for 12 swap as I am still very bullish on GoldCorp.
If the market continues to push forward, I see Gold in the $1,350-$1,500 near term. In the recent gold slump, large miners cut back on operations and have continued to hoard cash. IMO, they are looking to pick up junior minors and exploration companies with proven reserves in this strengthening market.
Stocks that I now own and feel are good candidates for takeover:
Victoria Gold Corp VITFF: OTC Pink
International Tower Hill Mines Ltd THM: NYSE MKT LLC (Common Stock)
AuRico Metals Inc. ARCTF: OTC Pink
and my silver holding:
Alexco Resource Corp AXU: NYSE MKT LLC (Common Stock)
anyone having DD in this sector, please share, this is my own and no one elses!!!!
seriously, while walking away today would make my 7 years in HHSE a very profitable venture (although tumultuous at times, lol), I'm ready for the real money!!!!
Lim, EP, Fred, and Tom....show me the money!
Soooo, ready.....I hate to wish my weekend away, but it's time!!!!
HHSE Released 350+ Titles; Sold 34,000,000+ Home Videos
Quote:
For fifteen of the twenty-three years that Hannover House has been operating, the company has been involved with the acquisition and release of movies and television programs onto DVD and other home media platforms. Since that time, the company has released or represented over three-hundred-fifty (350) titles, ranging from significant sell-thru hits, to specialty home videos for targeted audiences. At last count, the company had sold a total of over 34-million home video units to retailers in North America (primarily DVD, but some on the BluRay format and in the early years of Hannover’s home video distribution, some were sold on the VHS cassette format).
BLOG: MERGER UPDATE; Five (5) Companies Consortium Merge
Monday, April 17, 2017
The beginning of something truly significant…
“Those who cannot remember the past are condemned to repeat it.”
– George Santayana, The Life of Reason, 1905.
For fifteen of the twenty-three years that Hannover House has been operating, the company has been involved with the acquisition and release of movies and television programs onto DVD and other home media platforms. Since that time, the company has released or represented over three-hundred-fifty (350) titles, ranging from significant sell-thru hits, to specialty home videos for targeted audiences. At last count, the company had sold a total of over 34-million home video units to retailers in North America (primarily DVD, but some on the BluRay format and in the early years of Hannover’s home video distribution, some were sold on the VHS cassette format).
Not every title acquired and released by Hannover House to the domestic home video market these past 15-years has been a financial success for the company. The biggest failure of expenditures-compared-to-revenues was the 2005 release of “Off The Lip” – which, despite a theatrical release expenditure of more than $350,000, did not manage to inspire a single one of the nation’s top mass merchants for home video placement. Fortunately, the loss with “Off The Lip” occurred at the same time when Hannover House had seven (7) of the top ten (10) best-selling indie video titles at Walmart – when we were literally selling-thru to consumers over 100,000 units per week through Walmart nationwide. So that initial theatrical release endeavor was expensive, but not deadly. And a valuable lesson was learnt: opening movies at theatres only helps the retail home video response if the movie actually DESERVED (commercially) to have been released to theatres.
As Hannover released more titles to the home video market, trends began to emerge, even as the market itself was maturing and evolving. By 2008, when Walmart, Target and Best Buy started aggressive merchandising of the (then) new BluRay format, the shelf space was usually reallocated away from independent DVD titles, and migrated for use in displaying BluRay units of major studio releases. That was a big loss for all indie distributors – and making our second-tier titles “available on BluRay” did not pick-up the slack. By 2010, certain genres of home videos for indies studios were drying up or functionally non-starters: “no-name comedies”, “dramas” and “special interest subjects” could no longer be placed at the big-box retailers due to sluggish retail turns. The major studio theatrical releases were holding their home video sales volume, but at the expense of diminishing shelf space and placement frequency for the indie distributors.
It was about that time (late ‘2009 / early ‘2010) that Hannover House was offered the opportunity to “reverse-merge” with Target Development Group, Inc. and become a publicly-traded company. This was not a desired goal for either Eric Parkinson or Fred Shefte. But the TDGI venture came with an attractive investment-banking arrangement with Bedrock Ventures: in consideration of the merger, Bedrock would place $1.5-mm as a direct stock purchase agreement, and would separately fund loans of $500,000 towards acquisitions and $300,000 towards P&A (theatrical releasing costs).
Energized with these funding commitments in hand… and motivated by a positive thumbs-up from several of the industry’s top consultants… Hannover House took the leap-of-faith and decided to try for a mid-level, nationwide theatrical release. In January, 2010, Hannover House surprised the industry by beating out SONY, FOX and LIONSGATE at the Sundance Film Festival for the acquisition of director Joel Schumacher’s teen-angst thriller, “TWELVE.” The cost was high: $1.75-mm plus a theatrical release commitment to open on not less than 200 theatres simultaneously. But the upside seemed greater, and after all, the funding had been secured (or so we thought). While Bedrock did, indeed, fund the $500,000 as a loan for the down-payment for rights to “TWELVE” (and later, funded $300,000 of the $2-million+ spent on theatrical releasing costs), their original agreement to fund $1.5-mm as a direct stock purchase never occurred.
With only a few weeks to go before “TWELVE” hit theatres on August 6, 2010, Hannover House was in full-scramble mode, working diligently to try to secure vendor credit, private loans, and ancillary sales advances to help cover the theatrical costs. We went from being a reliable (but small) indie distributor, to being full time managerial firemen, moving from one emergency flash outbreak to the next. The release of “TWELVE” suffered, the relationship with Bedrock tanked, and the company was put into full scramble mode for months thereafter.
Over the next six years that followed – the history of Hannover House has been a bit of a roller-coaster ride, for both management and shareholders. High moments – such as a multi-million-dollar sponsorship from SEA WORLD in 2011 (for “Turtle: The Incredible Journey”) were met with humiliating lows, such as the principal cast’s refusal to attend the red-carpet premiere of “All’s Faire In Love,” in New York City (also in 2011). In each of the successive five years, Hannover House has overcome significant obstacles, and met with welcomed successes, only to face financial challenges and legal struggles. Finally, when the most notable events in 2016 were the bankruptcy or closure of the company’s top two wholesalers, it became clear to management that it was time to look at a whole new business model: one that meets and leads the dynamic edge of the industry, rather than seeks out the occasional crumbs from the trailing tail.
In order to build a better company, it is essential that HHSE managers and shareholders take a high-altitude look at the trends in the industry to best determine the direction in which the consumer market for entertainment is moving. Skipping over the volumes of industry research, sales trends and analytical studies to reach the consensus bottom-line conclusions, we see Ten Essential Trends:
1) DTV - “Direct-to-Video” programming is rapidly declining in retail value in the North American retail marketplace;
2) RENTAL – Except for Redbox Kiosks, Family Video and a handful of stubborn independent video specialty stores, there is functionally no more retail “rental” home video market in the USA;
3) VOD - “Video-On-Demand” continues to grow, but disproportionately in favor of theatrical titles; VOD is the new “rental experience” for the emerging generation of consumers;
4) SVOD - “Subscription V.O.D.” license fees are dropping precipitously as Netflix now favors major theatrical hits or their own programming over independent or non-theatrical titles;
5) INTL - Key International Markets are booming for specific film genres: Action, Sci-Fi and Horror; but low-budget, no-stars or non-theatrical titles are functionally impossible to sell today;
6) PRODUCTIONS – Due to the availability of significant international pre-sales for selected programming, as well as State and Federal tax and rebate incentives, there is a viable business model that includes the facilitation or physical production of films as a revenue source;
7) DISTRIBUTION PACTS – As the retail market shifts away from independent titles – in favor of Major Studio titles – the value of a major studio partner has grown exponentially… both for domestic release, but more crucially for international territories;
8) WHAT ARE CONSUMERS, INTL. BUYERS & RETAILERS RESPONDING TO?
a) High-Concept Films – action, science-fiction, horror, family-appeal;
b) Films with one or more “name” stars; Films shot in "original language" English;
c) Films with wide theatrical visibility, momentum and credibility;
9) WHAT ARE CONSUMERS, INTL BUYERS & RETAILERS NOT RESPONDING TO?
a) Low-Budgeted releases, without stars or theatrical visibility;
b) Comedies & Dramas are dead genres, unless driven by credible stars in lead roles;
c) Micro-budget production values that do not compare to mainstream quality expectations;
10) BALANCED RELEASE SLATE – There is an economy of scale for a distributor in the current marketplace to release ONE (1) “major” theatrical title per quarter, plus ONE (1) “mid-level” theatrical title per month, and supplement these with one or two third-party acquired titles that still are essentially “direct-to-video” or V.O.D., but are now supplemental revenues (rather than the company’s primary cash-flow source).
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WHERE ARE WE NOW - WHERE ARE WE GOING FROM HERE?
Last Month, on March 10 specifically, Hannover House managers signed a letter-of-intent to join with another publicly-traded company, two private companies and a major studio distribution partner, to create a new structure that addresses each of the Ten Essential Trends described above, and which we feel will bring substantial value to our shareholders.
Over these past five weeks, the legal, operational and structural changes that are required to effectively launch such an ambitious merger have been in motion. The two privately held companies will join with the two publicly-traded companies into an overall venture that is fully reporting, fully registered, and sufficiently funded to allow for a realistic pursuit of a NASDAQ listing. This venture involves the placement of approximately sixty-five million dollars (USD $65,000,000) from pre-existing international presales and feature film private investor commitments, and will provide us with both the high-end “major” titles as well as the first two-years of the “mid-level” theatrical titles. Due to availability of State and Federal incentives and rebates on the productions, the company will also be well funded with theatrical releasing resources – as well as earning lucrative production company service fees upfront. A major studio partner will handle most of the domestic home video and V.O.D. activities (excluding VODWIZ.TV) as well as international sales through their existing distribution units in over 100 territories worldwide.
Upon regulatory approval, existing Hannover House shareholders will receive a significant premium-to-market redemption, and overall, the Hannover House shareholders will retain a majority control in the combined entities.
Over the next few days, details of the venture partners will be released through mutual public announcements. As the merger L.O.I. contains performance triggers (including specific funding requirements and regulatory approvals), Hannover House has honored the temporary, proprietary confidences imposed on all parties - as is customary for a venture that involves four separate companies and a major studio distribution partner.
For the principal venture parties involved in this new structure, we all feel that this is a marriage in which the whole is greater than the sum of the parts. The consensus is that this is the “launch moment” for a truly significant entertainment company… and a move that will bring substantial value to all of our shareholders.
We wish to thank the company’s many patient, “long” shareholders, and we are excited that you will be rewarded for your loyalty and support as we have navigated a winning plan in this evolving media sector. The new management team includes some of the industry’s most respected and successful executives, and our future as a successful, independent studio and media distributor is bright. Watch for updates on this BLOG, including advance notification of Form 8 Information Statement Filings.
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LAST - BUT NOT LEAST - Watch for the Hannover House - CMC Pictures / Crimson Forest Release of "SHOCKWAVE" to key theatres in the USA and Canada on Friday, April 28 - with a simultaneous release across China. This is a specialty release for the North American market (Mandarin with English-subtitles), to reach this responsive and targeted audience.
https://www.youtube.com/watch?v=qwKno-hnjik
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http://hannoverhousemovies.blogspot.com/2017/04/the-beginning-of-something-truly.html
HHSE
FILING-5/4: Legal Proceedings Settlement(s), VODwiz Hires/New Structures, MERGER/DD
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Quote:
In respect of the company’s merger activities with Crimson Forest Entertainment Group, Inc.......
May 4, 2017
Management Discussion and Analysis - Actions of Board Of Directors - May 1, 2017
ITEM 1) – A meeting of the Board of Directors of Hannover House, Inc. was held on Monday, May 1, 2017 at 10:00 am, at the Company’s principal office headquarters in Fayetteville, Arkansas. Due to a delay in activation of the Directors and Officer’s Liability Insurance for all Company board members, nominated board members Tom Sims and Eric Doctorow were excused from attendance. The following items are summarized and represent those issues requiring disclosure of any action or approvals of the Board of Directors.
1) FINAL COURT RESOLUTION AND SETTLEMENT OF TCA MATTER –
In respect of the company’s merger activities with Crimson Forest Entertainment Group, Inc., and in the interests of resolving all significant legal matters as expeditiously as possible, Company Managers, working in tandem with the legal counsel team of Shook, Hardy and Bacon, have reached a full and complete settlement and resolution agreement with TCA Global Master Fund. Effective immediately, the Florida case will be updated and indicated to the court as having been settled. Per mutual agreement, TCA and HHSE have agreed to keep the terms of settlement confidential. The Board reviewed the settlement terms, found the impact to be non-material, and authorized this final and complete settlement.
2) BOARD PRE-APPROVAL OF SETTLEMENT PROPOSAL TO JSJ INVESTMENTS –
In 2014, Company entered into three separate notes with JSJ investments, totaling $78,000, as follows: August 1, 2014: $25,000; August 26, 2014: $30,000; and November 14, 2014: $23,000. The terms of the three notes called for maturation in twelve (12) months and interest to accrue at twelve (12) percent annually. Upon maturation of the initial two notes in August of 2015, Company contacted and offered to JSJ to pay this principal amount and interest in full and in cash at that time. JSJ refused to provide banking details for remittance of the note, and insisted on exercise of the “conversion clause” which would have given them HHSE stock shares at a fifty (50) percent discount to market price… or repayment of the notes at 100% premium (which Company described to JSJ as being in violation of Usury Laws). When HHSE demanded to pay the notes in cash per the written terms, JSJ responded by filing a lawsuit in the State of Texas, and ultimately prevailing to judgment. In the post-judgment prove-up stage, JSJ put forth a claim of “lost profits” and somehow persuaded the court to approve a judgment balance of more than three times the actual amount. It is Company and counsel’s opinion that this inflated judgment balance is a clear violation of Texas Usury laws and predatory-lender restrictions. JSJ has since registered this Texas judgment in the State of Arkansas and made initial efforts to enforce collections. In respect of the merger activities with Crimson Forest, the Board voted to unanimously approve settlement terms with JSJ that will pay them the principal, interest, legal fees and collection fees in cash, but not in stock and not at a “super-premium.” The Board also voted to engage litigation counsel to seek injunctive relief against further JSJ enforcement activities and to re-open the case in the State of Arkansas, including an interplead of the proper and legal amount of funds due to JSJ under Texas and Arkansas lender laws. The Board will seek to settle with JSJ on or before May 10, after which time, the avenue of legal filings and proceedings will commence.
3) BOARD APPROVAL OF SETTLEMENT DISCUSSIONS WITH “UNION BOUND” –
In a distribution agreement made late in 2015, Uptone Pictures was to provide Company with seven-hundred-thousand dollars (USD $700,000) to cover marketing, advertising, releasing and distribution costs for approximately 150 theatres for the movie “UNION BOUND.” Company received payments totaling approximately $54,000 from Uptone – yet had already scheduled about 100 locations with key theatre exhibition chains. In reliance on Uptone’s written promises to provide the balance of funding directly to Company or through direct payments to vendors, Company continued with the release activities and on April 22, 2016, HHSE opened the film on about 100 theatres across most major USA markets. Communications to and from Uptone Pictures indicated a mutual agreement that Company would be entitled to recover any and all costs incurred by Company in the release of the film, in respect of Uptone’s failure to fully and timely fund the contractually-agreed to Prints & Ads costs of $700,000. To date, Company has spent invested approximately two-hundred-fifty-thousand dollars (USD $250,000) in the release of “UNION BOUND,” and in reliance on these written communications -which Company views as addendums to the prior licensing agreement - Company has been recouping its investment from incoming distribution revenues. The Board of Directors authorized the engagement of the Los Angeles law firm of Hinds & Shankman to file a response in the case, and to initiate settlement discussions. Opposing counsel for Uptone has since agreed to a ninety (90) day extension for the filing of a response by Company, during which time, both parties will review the budgets, payments, communications and collections and seek to reach a settlement based on the releasing costs math of the venture.
4) BOARD APPROVAL OF “VODWIZ” HIRES AND NEW STRUCTURES –
In respect of the merger activities with Crimson Forest, the Board reviewed a business plan to align the OTT / APP and URL Sites with Amazon Digital Services as the operational infrastructure for the streaming venture. The Board also approved moving the employment status of Tom Sims to become President of VODWIZ, INC., effective May 15, 2017, and the engagement of Earl Hale as VP / GM of VODWIZ, to oversee all technical and operational matters. Tom Sims has been working for three years as VP of Sales for Hannover House, Inc., and will continue his board position with the Company. Most of the duties as VP of Sales for Hannover House, Inc. have been rendered moot under a new distribution pact with a major studio, which has not yet been announced beyond the general statement of “major studio distribution pact” (in respect of this new distribution partner’s requirement that such relationship developments be announced through their own publicity divisions and PR firms). Earl Hale has thirty-years of experience in media technical services and production; he was former director of Walmart TV (an in-house operation to produce promotional, informative and shareholder videos for Walmart); and former director of the Global Campus Media Studios, an impressive multi-media television and film operation owned by the University of Arkansas. Hale is expected to start work for VODWIZ on Wednesday,May 10.
* * * * *
There being no other business to conduct, discuss or approve by the Board, the meeting was adjourned at 11:20 am.
https://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=171262
HHSE/CRIM Multiple Companies MERGER Summary/DD:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=131138358
HHSE
Thursday, March 16, 2017
More key trade coverage from Hong Kong FilMart...
Congratulations to STARRY ENTERTAINMENT (Shenzen) and CRIMSON FOREST - two emerging principal venture partners for Hannover House - on an impressive announcement and resulting coverage from the Hong Kong FilMart yesterday.
http://hannoverhousemovies.blogspot.com/2017/03/more-key-trade-coverage-from-hong-kong.html?m=1
Who is Starry?
http://variety.com/2017/film/asia/ambitious-starry-entertainment-defies-china-slowdown-1202009887/
A whopping 19 projects spanning across films, TV series, animations, VR and more are in the pipeline for Starry Entertainment, a newly established Chinese studio with a startup capital of $29 million (RMB200 million) and a financial capacity of $100 million.
Highest profile among the 19 is the $30 million “Hero’s Journey to the West,” an animated version of the classic Chinese tale “Journey to the West” featuring the famous Monkey King character. Starry has enlisted former Disney animator Chris Bradley as director and Marvel Studio character designer Walter A. McDaniel as the art director. A-list Hollywood stars are being scouted as voice talent for the English version of the film, scheduled for release during the Lunar New Year of 2019.
Starry also recently acquired McDaniel’s Beijing-based media company Red Dragon, according to Jon Chiew, former head of global business at Huace Films and now Starry’s COO and Hong Kong branch CEO.
Headquartered in Shenzhen with offices in both Hong Kong and Beijing, Starry Entertainment unveiled at FilMart on Wednesday an ambitious plan to pool a variety of resources across the show business spectrum to create a “one-stop shop” offering a wide spectrum of entertainment products.
The principal investor of the company, which has six subsidiaries, is Guotai Junan Securities, a Chinese securities companies founded in 1992. The two companies have signed an initial public offering memorandum as Starry Entertainment’s first step toward its goal to be a publicly listed company in mainland China within five years.
“We will create and develop content. And we will find partners and distributors, and also a lot of my friends want to invest, sometimes in the company and sometimes in individual projects,” said Chiew.
Starry has formed a partnership with the U.S. distributor and investor Crimson Forest for international releases of its productions.
Another film project is “Asia Pacific Elimination Service”, a story about some retired action film actors, starring Thai martial artist and actor Tony Jaa and Taiwanese-American actor David Wu. It will be produced on a budget of $12 million, with production expected to begin by the end of 2017.
Other projects include “Crystal Panda,” an animation movie targeting children, and a 36-episode detective TV series.
The establishment of the new studio comes at a time when box office takings in China have slowed markedly. But Starry’s official launch during Hong Kong’s FilMart had a distinctly bullish feel. With some 200 people in the room, it took over the ballroom at the Grand Hyatt hotel, it boasted glossy corporate vides, organizational charts and on-stage interviews with talent from a selection of the upcoming projects.
Very well done Speck!
I think it's a good investment....
Brother Malc, good to hear from you...Tractor Supply is a strong favorite of mine...not currently on my own list, but definitely on my wish list...
lol, GO HHSE!!!!!!
bye bye!!!!
FILING: Court Cases Settled(ing), VODwiz Hires/New Structures, DD
\
May 4, 2017
Management Discussion and Analysis - Actions of Board Of Directors - May 1, 2017
ITEM 1) – A meeting of the Board of Directors of Hannover House, Inc. was held on Monday, May 1, 2017 at 10:00 am, at the Company’s principal office headquarters in Fayetteville, Arkansas. Due to a delay in activation of the Directors and Officer’s Liability Insurance for all Company board members, nominated board members Tom Sims and Eric Doctorow were excused from attendance. The following items are summarized and represent those issues requiring disclosure of any action or approvals of the Board of Directors.
1) FINAL COURT RESOLUTION AND SETTLEMENT OF TCA MATTER –
In respect of the company’s merger activities with Crimson Forest Entertainment Group, Inc., and in the interests of resolving all significant legal matters as expeditiously as possible, Company Managers, working in tandem with the legal counsel team of Shook, Hardy and Bacon, have reached a full and complete settlement and resolution agreement with TCA Global Master Fund. Effective immediately, the Florida case will be updated and indicated to the court as having been settled. Per mutual agreement, TCA and HHSE have agreed to keep the terms of settlement confidential. The Board reviewed the settlement terms, found the impact to be non-material, and authorized this final and complete settlement.
2) BOARD PRE-APPROVAL OF SETTLEMENT PROPOSAL TO JSJ INVESTMENTS –
In 2014, Company entered into three separate notes with JSJ investments, totaling $78,000, as follows: August 1, 2014: $25,000; August 26, 2014: $30,000; and November 14, 2014: $23,000. The terms of the three notes called for maturation in twelve (12) months and interest to accrue at twelve (12) percent annually. Upon maturation of the initial two notes in August of 2015, Company contacted and offered to JSJ to pay this principal amount and interest in full and in cash at that time. JSJ refused to provide banking details for remittance of the note, and insisted on exercise of the “conversion clause” which would have given them HHSE stock shares at a fifty (50) percent discount to market price… or repayment of the notes at 100% premium (which Company described to JSJ as being in violation of Usury Laws). When HHSE demanded to pay the notes in cash per the written terms, JSJ responded by filing a lawsuit in the State of Texas, and ultimately prevailing to judgment. In the post-judgment prove-up stage, JSJ put forth a claim of “lost profits” and somehow persuaded the court to approve a judgment balance of more than three times the actual amount. It is Company and counsel’s opinion that this inflated judgment balance is a clear violation of Texas Usury laws and predatory-lender restrictions. JSJ has since registered this Texas judgment in the State of Arkansas and made initial efforts to enforce collections. In respect of the merger activities with Crimson Forest, the Board voted to unanimously approve settlement terms with JSJ that will pay them the principal, interest, legal fees and collection fees in cash, but not in stock and not at a “super-premium.” The Board also voted to engage litigation counsel to seek injunctive relief against further JSJ enforcement activities and to re-open the case in the State of Arkansas, including an interplead of the proper and legal amount of funds due to JSJ under Texas and Arkansas lender laws. The Board will seek to settle with JSJ on or before May 10, after which time, the avenue of legal filings and proceedings will commence.
3) BOARD APPROVAL OF SETTLEMENT DISCUSSIONS WITH “UNION BOUND” –
In a distribution agreement made late in 2015, Uptone Pictures was to provide Company with seven-hundred-thousand dollars (USD $700,000) to cover marketing, advertising, releasing and distribution costs for approximately 150 theatres for the movie “UNION BOUND.” Company received payments totaling approximately $54,000 from Uptone – yet had already scheduled about 100 locations with key theatre exhibition chains. In reliance on Uptone’s written promises to provide the balance of funding directly to Company or through direct payments to vendors, Company continued with the release activities and on April 22, 2016, HHSE opened the film on about 100 theatres across most major USA markets. Communications to and from Uptone Pictures indicated a mutual agreement that Company would be entitled to recover any and all costs incurred by Company in the release of the film, in respect of Uptone’s failure to fully and timely fund the contractually-agreed to Prints & Ads costs of $700,000. To date, Company has spent invested approximately two-hundred-fifty-thousand dollars (USD $250,000) in the release of “UNION BOUND,” and in reliance on these written communications -which Company views as addendums to the prior licensing agreement - Company has been recouping its investment from incoming distribution revenues. The Board of Directors authorized the engagement of the Los Angeles law firm of Hinds & Shankman to file a response in the case, and to initiate settlement discussions. Opposing counsel for Uptone has since agreed to a ninety (90) day extension for the filing of a response by Company, during which time, both parties will review the budgets, payments, communications and collections and seek to reach a settlement based on the releasing costs math of the venture.
4) BOARD APPROVAL OF “VODWIZ” HIRES AND NEW STRUCTURES –
In respect of the merger activities with Crimson Forest, the Board reviewed a business plan to align the OTT / APP and URL Sites with Amazon Digital Services as the operational infrastructure for the streaming venture. The Board also approved moving the employment status of Tom Sims to become President of VODWIZ, INC., effective May 15, 2017, and the engagement of Earl Hale as VP / GM of VODWIZ, to oversee all technical and operational matters. Tom Sims has been working for three years as VP of Sales for Hannover House, Inc., and will continue his board position with the Company. Most of the duties as VP of Sales for Hannover House, Inc. have been rendered moot under a new distribution pact with a major studio, which has not yet been announced beyond the general statement of “major studio distribution pact” (in respect of this new distribution partner’s requirement that such relationship developments be announced through their own publicity divisions and PR firms). Earl Hale has thirty-years of experience in media technical services and production; he was former director of Walmart TV (an in-house operation to produce promotional, informative and shareholder videos for Walmart); and former director of the Global Campus Media Studios, an impressive multi-media television and film operation owned by the University of Arkansas. Hale is expected to start work for VODWIZ on Wednesday,May 10.
* * * * *
There being no other business to conduct, discuss or approve by the Board, the meeting was adjourned at 11:20 am.
https://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=171262
Cannes May 17-28: HHSE (Newco) Buyer/Seller Major Titles:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131072955
8-K: Hannover House / Crimson Forest MERGER Agreement:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131083699
HHSE
pretty obvious we can now walk away from these frivolous lawsuits and get on to more important things...would not want to be holding short right now.....
what's up pos, nice selection, hope all is well with you!
I understand, best of luck to you also!
Sorry to hear about the name drop...
yes, I have had an extremely good run in the last 4-5 weeks...one of the best ever for me...so very blessed!
As far as HHSE, I can't say it will be any different, but to this point, while I haven't been lied to, I have found Eric to be very good at deals and keeping hype and such, but really shitty at managing a company.....
but it is a small company in a very big, fast moving industry, full of deals, wheels, and lawyers.....so having said that, I have averaged down since my initial investment in 2010, and have never sold a share...I am green at this point, and with CRIM being in the picture with Lim as chairman, and he is loaded, and 2 other Chinese companies, I feel pretty confident payoff is finally coming....hey for me.06-.10 off the hype alone makes me over 400%.....will take away some of the pain of the last 7 years.....
we shall see this coming week, gonna be real interesting, but I would seriously hate to be one of those guys holding some of those 10 million short shares...I believe they are at higher risk than I am...but again, I could be living in La La Land.....
Well it's been a while since I last posted here....seems crazy this board has been around so long......so if anyone is still out there, I will catch you up on what's going on in Harleyman's world.....after losing my job several years ago and relocating to Winston-Salem, NC, promotions have followed and I have done well. My beautiful wife and I just opened our first 9round 30 minute Kickboxing Fitness Gym, and 2 months in, we have 225 wonderful members and it is going great, very blessed.....
on the stock front, wow....what a month.....
I purchased stock in an empty shell (HMCP), just a lotto pick, some 3 years later, they do a 500-1 RS, change the symbol and Oliveda International is born, currently trading at $1.98...so we shall see.....not a lot of info on the new company, it's a German company in cosmetics....
My longstanding gold holding Exeter Resources (XRA), in at .31, gets purchased by Goldcorp for 1.83 Canadian......well over 300% gains there....been a good one.
And then there's HHSE, if you haven't seen what's going on there....whew, I have no idea where this will land, but stock for stock merger with CRIM, heavy Chinese influence, reporting a $65 million investment, 2 other private companies and a large international partner supposedly on board......The new company to be named Crimson Forest Entertainment International, I think, lol.....
If anyone is still here, check in and let's catch up.....
Have a great weekend all.....
Don't quote me on this, but I think there were about 150,000,000 shares of HMCP, so at a 509 to 1 split, it puts it right at 300,000 shares....I checked after the announcement but didn't write it down!
And we have our first trade at $1.98.....
2015
Olive Tree Pharmacy Store Opening in Berlin, Germany
With the opening of our first flagship store on September 1, 2015, the starting shot for our Olive Tree Pharmacy store was fired. With the Olive Tree Pharmacy, a long dreamt vision is finally fulfilled: the miracle of the olive tree, with its whole-body medicinal and beauty powers, is made available to all. In our Olive Tree Pharmacy stores, our customers are counseled, in depth, on Olive Tree Therapy, and their individually tailored Olive Tree Therapy Home Sets can put together.
For me, the bigger question is what are we trading.....I am curious to see some financials on Oliveda....I'm not real sure what I own? Is it worth a dime, is it worth $10....the one thing I do know is the share count is very low.....
with his wallet in tow!
NEWS RELEASES
Apr 4, 2017
Victoria Gold Begins $6.2M, Phase 1 Exploration Program, Yukon
View
pdf
Mar 28, 2017
Victoria Gold: Acquires Cat Mining Fleet for the Eagle Gold Project
View
Mar 27, 2017
Victoria Gold Awards Engineering for the Eagle Project to JDS/Hatch Team
View
Feb 23, 2017
Victoria Gold named to the TSX Venture 50(tm)
View
Feb 15, 2017
Victoria Gold Introduces Vice President, Project Execution, Tony George
Dublin Gulch
The Dublin Gulch property is located approximately 85 km by road north northeast of the village of Mayo, central Yukon. The Dublin Gulch claim block, which hosts the flagship Eagle gold deposit and multiple other targets at various stages of development, is considered part of the Tintina gold belt and is hosted within the mineral-rich Selwyn Basin.
The property hosts the Eagle gold deposit, the Wolf tungsten deposit and a 13 km-long belt of Au and Ag mineralization known as the Potato Hills Trend (PHT). They have also identified new gold and silver targets along the PHT.
Eagle Gold Project
The shovel ready Eagle Gold Project is the most advanced project in the region and is on track to be the largest gold mine in Yukon history.
The proposed Eagle gold mine will produce doré from a conventional open pit operation with a three-stage crushing plant, in-valley heap leach and carbon-in-leach adsorption-desorption gold recovery plant. The Company currently has year-round road access to the site, and a fully operational 100-person all-season camp on site, with a further 100-person all-season camp purchased and ready for transport to site. Commercial grid power is available approximately 45 km by road from the site, and an airstrip suitable for commercial planes is located 80 km to the south.
The project will employ 350-400 people and will be a significant economic contributor to Yukon.
The Eagle Gold Project has received all major permits for construction and operations, completed the Environmental Assessment process and has a signed Comprehensive Cooperation and Benefits Agreement with the local Nacho Nyak Dun First Nation, whose traditional territory the Project is located within.
A Robust Project
Reserve:
Tonnes Au g/t
Eagle 101M 0.73
Olive 7M 0.95
ROM 15M 0.27
Total 123M 0.67
Contained Gold: 2.66M ounces
Mining Rate: 33,700 t/d 12.3 Mt/y
Strip Ratio: 0.95 tonnes waste : tonnes ore
CapEx: $ 369M (US$ 288M)
OpEx: $ 10.49 /t
OpEx/Ounce US$ 538
AISC US$ 639
Financial:
Au Price: US$1250 /oz
Fx: 0.78 US$ : C$
Pre-tax: NPV 5% 766 M$
IRR 37.1%
After tax: NPV 5% 508 M$
IRR 29.5%
Payback (after tax): 2.8 years
Eagle Gold Property Feasibility Study
WHY INVEST IN VICTORIA GOLD?
Fully Permitted
Post-tax NPV5% greater than $500M
200,000 oz gold annually
Strip ratio less than 1
AISC less than US$650/oz
1 year construction period
District Scale Exploration Potential
Olive-Shamrock, Potato Hills Trend, Rex-Peso, Falcon
Yukon
Secure jurisdiction, pro-mining
Impact Benefits Agreement in place with First Nation
Excellent Infrastructure
Treasury
$63M cash, no debt (Nov.30, 2016)
Management team
Northern mine building and operating experience
Victoria Today
Capitalization as at November 30, 2016
Basic Shares O/S (M) 504
Warrants & Options (M) 69
Cash (Nov.30, 2016) $63M
Debt $0
Project Highlights
Fully permitted
Conventional open pit
Valley leach
Good infrastructure
Yukon - secure, pro-mining jurisdiction
First Nation - Benefits Agreement in place
Strategic Investors
Tom Kaplan’s Electrum Fund
Sun Valley Gold
Kinross Gold
So are you a current shareholder? Just curious why you think it's manipulation?
From CRIM 10-Q......warming up the train.....
SIGNATURES
Pursuant to the requirement of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Crimson Forest Entertainment Group Inc.
Date: April 12, 2017 By: /s/ Jonathan Lim
Jonathan Lim
Chief Executive Officer
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
Signature Title Date
/s/ Jonathan Lim Chairman of the Board, April 12, 2017
Jonathan Lim
Chief Executive Officer and Treasurer
(Principal Executive Officer and Principal Financial Officer)
seems likely