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more from uspr. direct from their website.
http://www.uspr-holdings.com/company/
"Mr. Leufray also has an extensive technical background in mining technologies, which, combined with his experience in design and marketing provides the company with the valuable ability to translate complex technological concepts into layman’s terms. We believe that Mr. Leufray’s expertise in design, marketing, and advertising provides the Company with a valuable skill set".
"Mr. Leufray also has an extensive technical background in mining technology".
where? how? with whom?
maybe at "JM Studios where he was an advertising consultant"?? or maybe when he was "designing a marketing campaign for reebok and the houston rockets"?
or when he was "developing websites and internet-based applications for Nike, Ford, Walmart, and Audi, where he was the lead designer of the German company’s U.S. website".
or maybe "Following his career as a designer, Mr. Leufray began a website development firm where he led a team of designers and programmers focusing on brand development and measurable ROI for their clients".
so he was in advertising. he was in marketing. he developed websites and internet based applications. began a website development firm.
so where exactly did he get the "extensive technical background in mining technologies"?????
looks like uspr made and ASSumption. direct from their website...
http://www.uspr-holdings.com/investors/
Our Goal
The management team’s near term target is to bring U.S. Precious Metals, Inc. (USPR) to full reporting status
In furtherance of our primary goal of bringing the company back to full SEC reporting status, we have retained the services of securities attorney Russell L. Forkey, P.A. Representing investors since 1980, Mr. Forkey has handled numerous arbitration hearings, appeared in court on securities and commodities litigation matters. Mr. Forkey has been called upon by other legal professionals to review and dispute decisions, and has been retained to take these matters through the appellate process. With his guidance, we expect USPR to resume reporting by the end of 2017.
it's now february 2018. and uspr ain't current.
so either there's issues in the filings or new, new, new, new, new management, and their new sec attorney, who's been representing investors since 1980, severally underestimated how long the process would take. the new lawyer has only been doing this for 37 years so ...
not sure which is worse????
wait, uspr is a .008 stock and the "market" disagrees???? lmfao. this is another pump and dump. been happening here at uspr for years and years.
the only "news" uspr has put out in 2018 is that they are suing the former ceo and cfo for a minimum of $750,000. is that really gonna have any, any, significant or long term benefit to uspr?
oh, and the other news for uspr was that a shareholder, without including uspr, is suing the former ceo. if the shareholder wins the suit, uspr gets nothing. so, how exactly does that help uspr??? and why would uspr release that in a pr when they are not a party involved in the suit???? kinda weird?????
uspr has filed many 8k's over the years. uspr sued rtc and pane was one of the 3 owners of rtc. might wanna check again.
but what on earth does any of that have to do with uspr's future? uspr is suing him. great. they are asking the court for a minimum of $750,000. if they get the minimum, who cares. there's 300 million shares, at least, outstanding.
how does that help uspr as a company or a stock?
they don't own the land. any rise in price is based on fluff.
why is it? the suit doesn't involve uspr. they don't stand to gain anything from it.
where can we see what the actual, current, float is. uspr hasn't updated their profile on otcmarkets since 2014. and the last 10k or q they filed was in october of 2015. they don't list their transfer agent and there's no mention of shares on their new website. so, where can we see what the current, actual float is?
and "locked down tight"? where exactly can we go to verify that information?
i agree what pane did was ugly, but it isn't the first time that uspr has sued him. there's been a multitude of ceo's and interim ceo's since he was fired. and i believe uspr has sued him more then once.
so this isn't a novel idea.
the lawsuit asks for a minimum of $750,000. even if uspr wins the suit, how much money are they gonna see and will it matter?
it doesn't matter what he says to anyone. it matters what the company announces to the investing public or files with the sec.
based on what? all he's done so far is sue the former ceo. this is like the 3rd time uspr has sued him.
nah, more like the SEC. but i like the thinking.
"good enough" that uspr is giving an impression that they brought current something they no longer own????
that's not good enough. that's criminal.
lmfao
no. no. no. that's not nearly enough. not nearly enough.
they can NOT "bring current" something they no longer own. they have to re-acquire it.
where's that announcement.
no. no. no. no. i'm asking for verifiable statements that they re-acquired the land. they can't bring it "current". they lost the rights to the land. the previous owner got the rights back.
uspr would have to re-acquire the land. show me that statement. anywhere.
not bring "current". they can't bring current something they don't own.
and what if the previous owner, who got the land back from uspr in 2016, that's 2016, sold the rights to someone else? how can uspr bring current something that might have been sold to someone else??
lmfao, everything that occurred, over ALL the years uspr controlled the rights to the concession, was filed with the SEC in an 8k. that meant the acquisition. all the lawsuits. and there were many. the lawyers quitting cause they weren't paid, the mexican court giving the property back to the previous owners. and the mexican appellate court denying uspr's appeal.
so, a company that has stated they are a mining company with a property in mexico, loses that property, and files multiple 8k's about the loss of the property. then they announce in a "letter to fellow shareholders" that they have "worked diligently with our partners and advisors to bring current the company’s property rights in Mexico".
but yet they don't file an 8k with the SEC about it? or, probably more importantly to uspr shareholders, don't announce it to the investing public? wouldn't that bring more buyers?
seriously???
the land was returned to the previous owner!!!! uspr can't bring current it's rights without paying that owner the $1 million they were supposed to pay 8 years ago. uspr has no money.
so, if they raised $1 million to re-purchase the land they already lost, they would need to disclose that they raised $1 million. they did not.
so, no 8k saying they re-purchased the land they lost. and no filing saying they raised $1 million.
but not to worry. on their website they said they worked diligently to bring current the property rights.
LMFAO!!!!
once uspr files an 8k with the SEC then i will believe it. uspr can put whatever they want on their website. if they make a false claim, on a document filed with the sec, under the sarbanes oxley act, whoever signs off on that filing, goes to jail.
let's see them do that.
lmao. a website of fluff over an 8k filed with the SEC.
uspr DOES NOT control the land. therefore no mine. no drilling.
let me ask you Mr. Notaclueyet, don't you think that if uspr had addressed the concession they would have issued an 8k, or put out a pr, or said something on their new website, or shouted it from the rooftops?
and remember, this isn't something that's up to uspr. the land was returned to the previous owner because uspr didn't pay them the agreed upon $1 million. so even if uspr wanted to re-acquire the land, at the very least they'd need to pay the guy $1 million, which they don't have, and the guy would have to agree to sell it back to a company that failed to pay the agreed upon money the first time around.
and all of this is assuming that the previous owner hasn't already sold the rights to somebody else.
so, it's a long shot at best.
exactly what is wrong? and please provide proof.
that's great. i'm glad $200k a year is possible. but there are 1000's upon 1000's that lose $200k on stinky pinky's. just look at uspr investors.
and i'm not short uspr. never did. i came here when uspr was .30 and watched as it fell all the way down to .005. not thinking anyone made $200k here!!!
they don't own the land with the mine so uspr has no direction.
Again, they no longer own the concession rights to the land. the new ceo can say whatever he wants. they don't own the land. how can he have positive and productive news about mining operations when they don't own the land? seriously.
and regarding reporting, filing a 10k or 10q is one thing. but anything regarding anything about the concession requires an 8k. it's called a material event. that requires an 8k. uspr has regularly filed 8k's.
if they have something going on and did not file an 8k. that's worse. and the 8k i posted might be old but it ain't been replaced by a new one, so...
but that has absolutely nothing to do with uspr no longer having the rights to the concession.
uspr can not address the biggest problem. the mexican courts, both the initial and the appellate, ruled that the land be returned to the original owners. uspr can't address that. they can't mine from land they don't own.
uspr has no money no assets and no mining concession. how can they address anything?
what action? they don't own the rights to the land and no money. they have nothing to have action with.
no. the direct opposite. i think this company has been a scam for years. it's not baseless talk or speculation. it's fact. it was filed in an 8k. it wasn't rumor. here is the 8k
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11695316
there is nothing about uspr to be excited about. here are 3 things to focus on...
1. uspr has no money. direct quote from a uspr 8k
"On November 29, 2016, Blank Rome, LP withdrew as counsel for the Company in its current RTC litigation pursuant to an Order signed by the Court. Due to its severe cash constraints, the Company has been unable to pay legal fees in connection with the litigation."
due to court order... wow
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11722926
2. from another uspr 8k
"In April 2016, the lower court ruled that the plaintiffs in the litigation, including Mr. Tentory, are entitled to a return of the concession at issue (Solidaridad I) as a result of the Company's failure to pay $1 million to the plaintiffs on or before 2009."
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11695316
they don't own the rights to the concession
3. here's a direct quote from the new ceo from a "from the ceo" post on their new website from january 2018.
"I am currently seeking to obtain the secondary source data that will back up the 2015 Technical Report 43-101. Once this is complete, I, along with a team of experts, can evaluate the feasibility of further drilling at this location."
http://www.uspr-holdings.com/from-the-ceo-january-2018/
so the new ceo is saying he will evaluate the feasibility of further drilling of a concession when they don't own the rights to the concession???? that's fraud
they no longer own the rights to the concession so there is nothing to be granted
uspr doesn't own their concession anymore so the price of silver, gold and copper is irrelevant.
they have no money and no assets and a market cap of at least $1.3 million. that's going by the last stated outstanding from a 10q which was back in august of 2015. and uspr issued 10's of millions more since then to convert holders.
if anything uspr is overvalued.
stinky pinkys are where stocks go to die. i never traded them. i was a short seller. no money to be made in stinky pinkys.
i've been doing this close to 30 years and was a market maker for 20 years of them. 500 million isn't high? that's insane. so what is high then? a billion? there are a ton more stocks with a float under 10 million then over a billion.
and you might want to go back and read some old 8k's to see that uspr does not control the concession anymore. they have no money and no assets.
really?? the otc works by having companies acquire other companies that have no assets or possibility for revenues??? or companies with zero money acquire other companies????
new business model???? uspr has no money. none. they lost the land they wanted to mine because they have no money. they have no other tangible asset.
how does any business develop a new business model with no money, no assets, and the baggage uspr has?
it's impossible.
.10? please. uspr being suspended by the SEC is WAY more likely then that.
first a 500 million float in the otc is ridiculously high. a 100 million
float in the otc is ridiculously high.
a low flow float otc stock is under 20 million. uspr ain't under 20 million so it is NOWHERE near a low float stock.
second. going after the former ceo and cfo. who cares??? even if uspr wins, how much money will uspr possibly get from them, and how long will it take??? the last we knew uspr had 279 million shares outstanding. but that was back in 2016, so who knows what it is today.
so how much money can the ex ceo and cfo give back to uspr, if they are forced to? let's say it's several million dollars. with 279 million shares outstanding, uspr is still in the trips. .10 is ridiculous.
oh, and where has any, any court, said they are "freezing their assets"??? where??? let's stick with facts, ok?
lastly. let's say this new ceo wins this lawsuit and uspr receives money back from the ex ceo and cfo. it's a one time deal. where is the future revenue coming from??? how do they sustain any stock price, whatever it happens to be???
acquisition?? that's ridiculous.
thank you for your service but uspr has nothing to acquire and no money to acquire a pack of gum.
they no longer control the land they wanted to mine, and they lost the land cause they couldn't pay for it.
oh, and this is anything but a low floater. it was 135 million back in 2014, the last year they updated it and they have issued 10's of millions more since then.
actually it's not a bogus source. it's uspr themselves.
go back and look at their 8k filings. they no longer hold the rights to the land. the mexican govt awarded the land back to the previous rights holders due to uspr's lack of payment and breach of contract.
so, no rights means no land means no reserves means uspr ain't worth anything.
STILL THINKING THOSE WERE CHEAPIES???? AND WHEN IS THIS ROCKIN' GONNA START EXACTLY???