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Uh, yes he is. He's listed as the Chief Development Officer. The person of interest who is not on Super Rad's Management page is Jonathan Cathey ( http://www.linkedin.com/in/superrad ), former President (along with Richlin) of Super Rad Toys. This is just my opinion, but if there is any bad blood, it's probably between Cathey and Richlin.
Your friend will be waiting a long time. According to the company rep on their Facebook page, they are concentrating on China first, and then they will be working on India next. Everyone else has to wait.
IMO, none of this will ever come to fruition.
It's about time we got some news from Pennsylvania.
"North Bay Resources Inc. (OTCBB: NBRI) ("North Bay" or the "Company") announced today that it is creating a new operating unit, North Bay Capital Group ("NBCG"), to facilitate the management of future joint-ventures in the US that are expected to qualify for EB-5 funding. Accordingly, NBCG intends to begin preparing applications to create new EB-5 Regional Centers in several western US states to provide the funding vehicle for new mining projects in the US which are currently under consideration."
IMO, hack could be related to this note from the filing:
Naw, it's only bad if you're prone to carsickness. Remember, a lot of Ruby Mine gold was taken from there a hundred years ago, so it stands to reason that it's accessible with our modern vehicles.
You won't need 4x4 in the Summer. The NBRI Ruby Mine entrance is on Forest Route 30. http://tinyurl.com/4j7as5j (Google Map)
Forest routes are graveled and maintained to low-clearance standards for passenger cars (i.e., you might not be able to travel at highway speeds, but with a little care, you should be able to get most vehicles up the things).
So, if you're coming from out of state, don't rent more vehicle than you need unless this year's higher-than-normal snowpack is still on the ground. When I was younger, I used to drive all over the Sierras in the Summer mostly to fire lookouts on unpaved "trails" in a 2WD Astro van.
Thanks, GH. My grandmother is from Hamburg and epitomizes "risk-averse." It's good that---thanks in part to Frick---German investors demand hard facts. I think this will benefit NBRI as the company makes strategic investments and joint venture deals, and goes for non-dilutive financing. Shells and pump and dumps probably don't bother with the trouble of applying for the EB-5 program.
This is what is required to set up a regional center:
Here is a cleaned up version of the Summary. I knew taking German in high school would pay off one day! [My comments are in brackets and are IMO.]
All assumptions are very careful! [5-year projections calculated using a fixed price of gold at $1400/oz.] Production may occur earlier and faster, the Gold prices can be significantly higher, with the total costs accordingly lower. Nevertheless, with these assumptions there is a high upside potential.
Summary
- North Bay acquires a mine in good condition with facilities with a replacement value 3.5 million USD for $ 2.5 million.
- The mine is dry [no need to spend money to pump out polluted water], fully approved and is known for large nuggets. Resources estimated to be at 500,000 ounces (not NI 43-101 compliant).
- Qualified personnel are problems to get.
- The venture capital firm Tangiers will provide a bridging loan and be a major shareholder.
- A non-dilutive fixed interest financing for ACG the EB-5 program is near final approval.
- Extremely low market value, with low equity float of 58.35 Million.
Conclusion
North Bay offers a story that is not commonplace and with promises of very high gains. Certainly the final approval for the extension of NCRC has not yet arrived, but a rejection is highly unlikely. And if it happens, to purchase the Ruby Mine and start production, it will reduce the possibility of the Tangiers equity bridge loan from diluting.
Courageous investors engage in current rate of limit orders on the OTC market [that's us!] (still no trading possible in Germany). We [Germans], slightly risk averse, are waiting until the NCRC is approved. [The Chinese are waiting, too...] As usual in the course already the profits of the next few years are priced, whether North Bay trades in Autumn-Winter this year at $0.25 to $0.40 Record USD per share, of course, depends on the company's progress. In the longer term is even much more potential with possible positive surprises from exploration projects in B.C. and further mine acquisitions in California.
An opportunity to all to be there early.
About the author: He studies certified business deals since 1994 in the precious metal markets and analyzes for several years mining companies. His specialty is Canadian exploration companies.
59,000 just got filled...
Too much money to count? A significant deal signed at the last minute? One can hope...
Are you the troll from the NBRI Yahoo Message Board? I run a business in California; it's obvious that you have no idea what you're talking about. Yes, the state is in debt. But it's not as bad as AZ or TX. So what?
The funding program is FEDERAL and is designed to bring foreign money into the state and CREATE jobs. That you can't understand why this benefits NBRI just demonstrates your bitterness towards the company. Why the hate? Did Perry decide not to JV with your little B.C. claim?
LOL, I think you mean Custer. I'm continuing to accumulate on the dips (and there have been quite a few lately). But I'm not worried and will not be selling.
These odd trades have got to be a code/signal between MMs.
Google search of that address.
Kunekt in good company.
All of these other companies share the same office:
PCH International Ltd,
Unit 1,12F, International Commerce Center
1 Austin Road West
Kowloon,
Hong Kong
Itahu
Unit 1, 12/F International Commerce Centre
1 Austin Road West
Kowloon, Hong Kong S.A.R.
AMD
Unit 1, 12/F., International Commerce Centre,
1 Austin Road West
Kowloon, Hong Kong
Unitus Capital
Unit 1, 12/F
International Commerce Centre
1 Austin Road West
Kowloon
Hong Kong
Smells like a mail drop to me.
So, why did Barwicki misspell the name of the company? I'm assuming you copied and pasted his response...
That's a good idea. Sacramento Business Journal (http://www.bizjournals.com/sacramento/) would be good, too. So would be the Auburn Journal.
Board activity has no bearing on the viability of these stocks. If you're not interested, move along. I hear the kunekt board is really active. See if you can get in on that one. LOL. I'm in it just to see what happens and with money that I've set aside for high-risk-/high-reward-potential plays.
She's developing into a nice bullish stair stepper.
Holy crap! I step away for a second and this thing jumps from .045 to .05+! Glad I got in at .0349.
That was a short dead cat bounce...
This company is long on ideas, short on potential. Apple's coming out with a cheap iPhone specifically for emerging markets (i.e., China/India). Big Android will be forced to follow suit even if it means subsidizing the market for a few years because their hardware costs are too high. They can afford to, but KNKT cannot.
And one thing about the Chinese is that they love big brands and they're not shy about status symbols. Kunekt is an unknown.
Classic P&D.
Now, if in a few months, KNKT re-re-launches itself as a Chinese-market-specific apps developer (for iOS and Android), then it might have some real potential. We shall see.
JMO
People still read newspapers? Sierra county is sparsely populated (3 people per sq mile), but if the SF and Sacramento papers pick it up, you might see some influx.
Trademarks are not patents. They're just names, like Chevy Cruze, Google Chrome, and Crush soda.
Thank you, sir.
FBCD: Failure to comply with Rule 15c2-11. Please tell this noob what the implications are.
insert-text-here
Kunekt paid Winning Media $800K to promote its stock. KNKT's CEO has 32M shares. Not a bad ROI. I'd say the short potential is quite high.
KNKT has no physical product (prototypes don't count), no patents, no manufacturer; and when AAPL releases its cheaper iPhone and Big Android follows suit, KNKT will have no prospects.
In for 25,000
That's a pittance compared to OTCStockExchange's $40K: "WFWS received a fee of forty thousand dollars cash from a third party (Winning Media) for the KNKT advertisement."
There's no evidence on the website that the phones are being manufactured. A spec list and images of prototypes are not evidence. There is no news release alluding that the first devices have entered production. The last corporate update refers to the establishment of a sales office and a sales team by the end of this month.
In response to multiple requests on their FB page if the phones are being manufactured, the company claims to be formulating a response. Odd for a Yes/No question, no?
From their latest 10-K: "As of January 21, 2011, we have not entered into any formal agreement with these manufactures [sic] and we have no guarantee that any manufacture [sic] will develop our products."
Highly optimistic to say they will begin shipping in two months if, as of 28 days ago, they had not started manufacture. Any time for QA testing?