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Very possible, according to the last PR... There should be a series of PR's after the F/S explaining each change and venture GWGO will be pursuing.
Looks like the last day for record of the forward split. I am very curious as to what industry sector GWGO will be entering into????
My guess of the forward split is to transfer the assets to the shareholders of the companies mentioned in the last PR. It is possible to have a sell-off by flippers and day traders, however we have to wait and see what the company is about to do going forward. I have seen examples in the past where aggressive intentions led to great opportunities, acquisitions and revenues for companies and drove the pps through the roof for some. I have seen forward splits turn into treasures. After the split, we are supposed to see a series of PR's explaining each change. I am just going to wait and see.
This is what should be occurring, and today is the next to last day to get into the forward split:
Great West Gold, Inc. -- Restructuring Of Company; Company Outlines the Salient Points of its Restructure
Wednesday September 27, 2:45 pm ET
NEW YORK, Sept. 27, 2006 (PRIMEZONE) -- Great West Gold, Inc. (Other OTC:GWGO.PK - News) confirms as per its announcement dated September 8, 2006, that the Company has conducted an intensive review of its business plan and its operations. This is in response to the consistently low stock price which values the Company at a massive discount to its underlying value. Management cannot and will no longer, continue to allow stockholder value to suffer due to the non-performance of the Company's stock price. These drastic changes are being brought about due to the consistent lack of performance in the Company's stock price.
This Announcement is being kept very brief, but the Company will be issuing detailed announcements on each of the corporate actions as outlined below, over the next few days. These corporate actions are designed to immediately ``unlock' significant value for the stockholders and to, hopefully, eliminate the massive discount between the Company's Stock Price and its Net Asset Value per share of Common Stock.
Great West Gold, Inc.:
-- To Acquire "Bonanza", "Storm Cloud", ""Starlight", "Venezia",
"Federal", "Buffalo Lime Cap", "Red Cloud", "Storm King" and
"Gladstone Lookout" Gold Mining Projects.
-- To Acquire "Swansea", "Tip Top" and "Mineral Mountain" Copper
Mining Projects
-- To distribute stock to its stockholders in the remaining six
Mining Holding Companies
-- To dispose of all of its Mining Interests to three quoted OTC
Pink Sheet Companies through Reverse Mergers. Will result in the
creation of two new quoted Gold Mining Companies and one quoted
Copper Mining Company.
-- To distribute all of its Mining Assets to its stockholders, the
Mining Assets will all be held in the three new OTC Pink Sheets
Mining Companies
-- To make a significant acquisition in another Industry Sector
and to exit the Mining Sector in the next three months
Other Corporate Actions:
-- St James Capital Holdings, Inc. acquires all outstanding Loan
and Promissory Notes held against Great West Gold, Inc. from
various third parties
-- Considering a "Stock Buyback" Programme with a third party
Investment Group. The Investment Group has commenced their stock
buyback, with the acquisition, to-date, of 550 million shares of
the Company's Common Stock, all purchased of which was purchased
in and during this week
-- Will definitely be appointing an Auditor to bring the
outstanding Filings up-to-date
-- Will definitely be making an application to return to the
OTCBB Market
The Management of the Company has decided that stockholder interests are not being served by any further acquisitions in the Mining Sector and that the Company's existing Mining Projects require immediate further exploration with a view to eventual production. To this end, three of the Company's most valuable Gold Projects will commence further exploration work without delay. The Company completed these additional acquisitions as announced today, solely for the purpose of significantly enhancing the value of these three new quoted Mining Companies. Management of the Company has recognized that true value can only be created for its stockholders through this ``break up' and distribution of the Company's Mining assets; and to leave the Management of these Mining Assets in focused and more experienced hands. Stockholders will be better served by announcements of the Mining Exploration Results instead of further Corporate actions and more acquisitions in the Mining Sector.
The Company's assets are being split into three separate quoted Companies through Reverse Mergers with existing quoted Companies on the OTC Pink Sheets Market, two of these Companies will focus on Gold and one of these Company's will focus on Copper.
Great West Gold, Inc. will hold a significant stake in each of these three quoted Mining Companies, these interests to be held in Western Diversified Mining Resources plc, a wholly owned subsidiary company of Great West Gold, Inc.
Great West Gold, Inc. will not be involved in the day-to-day operations of these three Companies as they will be managed by independent Management.
Great West Gold, Inc. will be announcing the ``Record Dates' and ``Pay Dates' next week for the last six Stock Dividend distributions.
Great West Gold, Inc. will, through Western Diversified Mining Resources plc, own stakes in these three companies. Great West Gold, Inc. intends to make a substantial acquisition in another Industry Sector, which upon completion, will result in change in the Company's Name and Trading Symbol. At this time, Great West Gold's remaining stockholding in these three Mining Companies will be distributed entirely to Great West Gold, Inc. stockholders and Great West Gold, Inc. will exit the Mining Sector.
The allocation of the outstanding Stock Dividends in respect of Bouse Mining Holdings plc, Ambassador Gold Holdings plc, Sentinel Resource Holdings plc, Copperstone Mining Holdings plc and Golden Eagle Mining Holdings plc are ongoing, as promised. The Company expects these to be completed shortly. Computershare Trust Company, Inc. has been appointed as Transfer Agent to these Companies. These shares are being held ``on book' by the Transfer Agent to these Companies. The Transfer Agent will advise shareholders in writing as to the shares held ``on book' on their behalf by the Transfer Agent.
Stockholders will be advised shortly, as to the detailed descriptions of each of the Mining Projects owned by the Company, the Exploration plans for various Mining Projects and their approximate valuations. At this time, the main exploration work will be focused on the ``Mockingbird', ``Bouse' and ``Bonanza' Gold Mining Projects as they are the most valuable Projects in the Company's portfolio.
The Corporate Website will be updated this weekend to reflect all of these Corporate actions, and in greater detail.
About Great West Gold, Inc.
Great West Gold, Inc., http://www.greatwestgold.com, is a gold mining exploration stage company engaged in the acquisition and exploration of mining properties in the United States. The Company has Gold assets through its holdings in ``Bouse', ``Mockingbird', ``Ambassador', ``Yaba', ``Golden Eagle', ``Bonanza', ``Storm Cloud', ``'Starlight``, 'Venezia``, 'Federal``, 'Buffalo Lime Cap``, 'Red Cloud``, 'Storm King``, 'South Copperstone`` and 'Gladstone Lookout`` Gold Mining Projects. The Company's Copper assets are 'Copper Mountain``, 'Swansea``, 'Tip Top`` and 'Mineral Mountain``. The Company holds five of these Mining Assets through its 48% holding in Bouse Mining Holdings plc, Copperstone Mining Holdings plc, Ambassador Gold Holdings plc, Golden Eagle Mining Holdings plc and in Sentinel Resource Holdings plc. The others are 100%-controlled by the Company but 42% of each of these Companies is being distributed to Great West Gold, Inc. stockholders shortly.
This release contains ``forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. ``Forward-looking statements' describe future expectations, plans, results, or strategies and are generally preceded by words such as ``may', ``future', ``plan' or ``planned', ``will' or ``should', ``expected,' ``anticipates', ``draft', ``eventually' or ``projected'. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact:
Great West Gold, Inc.
investor@greatwestgold.com
--------------------------------------------------------------------------------
Source: Great West Gold, Inc.
Holy crap, a 27 million share buy @.0004 and time 15:22:07
No problem, we all make errors. This adds to the list of companies:
Consultech Construction Management Inc.
Vista Real Estate Ltd.
Emaar Properties
It was an acronym, not a stock symbol. It stands for Consultech Construction Management Inc. = CCMI
Great job! Some just can not or do not want to put the pieces together.
Relax everyone and take a breather, it will all be fine. Remember why you invested in the first place, and keep your goal in sight. The company already has its foundation, and the question is not "will it go higher", it is "how high into the multiple dollars will it go"?
Hi pal, I missed the "exposed MM". Could you fill me in on the details on what happened?
You may want to research it better, and not dismiss it so fast.GLTY
Check Vista Real Estate Ltd.
Vista Real Estate Ltd
38 Jumerah Alwasal Road
Dubai
UAE
Tel: 00971 4 3499060
Fax: 00971 4 3442426
Vista Real Estate Ltd
Incorporated in Dubai, Vista is an integrated customer-centric sales, marketing and service organization dedicated to the real estate industry in the Middle East with a particular focus on Dubai, Abu-Dhabi and Sharjah (UAE). Vista provides a complete real estate solution under one roof through a transparent, efficient and convenient process that combines a "bricks and clicks" business model which fully integrates with propmart.net's powerful web-enabled real estate management software. Vista leverages propmart.net's web-presence with a hi-quality 'on-the-ground service' for customers who seek to Locate, Buy, Sell, Lease, Finance, Improve or Maintain their properties in the Middle East. Whether one is an investor, landlord, broker, developer, Vista's informed and well-trained professionals are on standby to serve customized real estate solutions for you.
Amazing isn't it? Right out of the basher handbook. At least they follow their instructions, their employers must be proud.
They are very impatient; they don't see the writing on the wall. They should look at how the pps is in a holding channel, and is NOT plummeting as bashers would want everyone to believe.
IMO, it would most likely occur after the FS. This way they can reward the devoted holders and not the last minute "jump-ins" also, which is the right thing to do. The faithful deserve more than the grasshoppers.
Sorry, he is not a pumper. I see you have no clue of SLJB, or you would not be calling it a scam. Unless that is your intention……..
Point well taken my friend, however IMO if others do not sell in mass also? The pps will not drop, and will hold relatively steady. Mass selling will lower pps, not a handful of people. It is a gamble each of us needs to decide for ourselves. It would be rare for me to sell at this stage; I really do not want to risk trying to buy back what I sold in a situation after news hits the wires.
I believe it did reach a high of over $200 pps.....
HANS - 7/7/06 203.91 208.93 198.75 203.80 3,312,314 152.88 300.26%
Correct... There are some people in the world that can never be pleased. There is a saying "damned if you do and damned if you don't". I knew quite a few people like that in my life; they would always say the opposite of what was said. They were never satisfied and always miserable inside. Of course, I avoided their company as best I could.
Vista Real Estate Ltd
38 Jumerah Alwasal Road
Dubai
UAE
Tel:00971 4 3499060
Fax:00971 4 3442426
£145 per sq.ft. Offices for sale in Business Bay
MUST BE SEEN
The Skyscrapers, Business Bay, Dubai
Vista Real Estate Ltd
Projecting your business into the future!
£165 per sq.ft Offices for sale in Business Bay
MUST BE SEEN
Regal Tower, Business Bay, Dubai
Vista Real Estate Ltd
Designed to carefully address all your business needs, by bridging the gap between work and leisure. Located in the heart of Business Bay, The Regal Tower offers your business the perfect ambience amidst some of the biggest corporate organisations
£165 per sq.ft. Offices for sale in Business Bay
MUST BE SEEN
Parklane Tower, Business Bay, Dubai
Vista Real Estate Ltd
Commercial & Residential Units Available! Low Risk Investment open for all Nationalities! The design of PARL LANE TOWER was based on the requirement to create the most efficient and important business and residential address in Business Bay, Dubai
£172 Offices for sale in Business Bay
NEW
The Gemini, Business Bay, Dubai
Vista Real Estate Ltd
From Is a high-tech commercial tower situated in prime location of Business Bay, close proximity to the Business Bay south entrance from major interstate high way. Three sides open onto waterway
£180 per sq ft Offices for sale in Business Bay
KEEN TO SELL
Churchill Executive, Business Bay, Dubai
Vista Real Estate Ltd
The 42 storey of exclusive office spaces are designed keeping your status in mind. Every sqaure foot will go beyond your expectation
£190 per sq.ft. Offices for sale in Business Bay
KEEN TO SELL
The Citadel, Business Bay, Dubai
Vista Real Estate Ltd
The Citadel will boast of some of the most prestigious names in the corporate world. Yours could be one of them. With next-gen facilities and unmatched ambience, to inspire you to transact business like tycoons the world over. If you have the ambition, this is the right space to chart your success story
£193 psf Offices for sale in Business Bay
The Binary, Business Bay, Dubai
Vista Real Estate Ltd
The Binary @ Business Bay is designed as a 25-storey and 21-storey building which has a superb aspect in Business Bay set with waterways on 2 sides. It has 4 Podium levels with commercial/retail on the first level and the top 3 levels will allow for unique Duplex offices, all of which have with waterfront views
£207 per sq.ft. Offices for sale in Business Bay
Burj Al Alam, Business Bay, Dubai
Vista Real Estate Ltd
The Burj Al Alam tower building features a crown that consists of a sky garden, club facilities and Spa. The designs include a full curtain wall system, with three external curtain wall ‘petals’
£300 per sq.ft. Retail Premises for sale in Jumeirah Lake Towers
MUST BE SEEN
Lake View, Jumeirah Lake Towers, Dubai
Vista Real Estate Ltd
Living at Jumeirah Lake Towers is all about exceeding expectations – be it realizing an investment or dreaming of a lakeside lifestyle
£41,300 Studio apartment for sale in International City
International City, Dubai
Vista Real Estate Ltd
Set in an incredible 800-hectare development, Dubai International City is a pre-designed complex that will be a world-class hub for international investors, traders and retailers from across the globe
£45,100 Studio apartment for sale in Dubai Sports City
MUST BE SEEN
Rufi Twin Towers, Dubai Sports City, Dubai
Vista Real Estate Ltd
Rufi Twin Towers is a state-of -the-art high-rise building, giving residents outstanding luxury, where spectacular sea view sunsets and birds-eye-views of the surrounding golf course and stadiums become a routine extravaganza
£46,400 Studio apartment for sale in Discovery Gardens
MUST BE SEEN
Portofino Residences, Discovery Gardens, Dubai
Vista Real Estate Ltd
5 to 10 minutes from Dubai's beaches, Discovery Gardens is the latest development by Nakheel that puts residents at the center of Dubai - an exciting place to live
£50,800 Studio apartment for sale in Dubai Sports City
KEEN TO SELL
Shami Tower, Dubai Sports City, Dubai
Vista Real Estate Ltd
Shami Tower the most luxurious and spacious residential project, located in Dubai Sports City. This 15 storey tower coprises 198 apartments overlooking Dubai Land
£58,000 1 bedroom apartment for sale in International City
MUST BE SEEN
International City, Dubai
Vista Real Estate Ltd
1BR apts at Dubai International City with 8% rental guarantee. Earn 25% to 30% capital appreciation in 1 yr and 13% to 15% rental income. Vista Real Estate is one of the largest and most reputed building owners and agents at International City
£60,200 Studio apartment for sale in Dubai Media Production Zone
MUST BE SEEN
Fortune Serene, Dubai Media Production Zone, Dubai
Vista Real Estate Ltd
Fortune Serene..Peaceful, calm living with a touch of glamour. Where tranquility and affordability blend with glamour lifestyles
£65,800 1 bedroom apartment for sale in International City
KEEN TO SELL
Global Palm View, International City, Dubai
Vista Real Estate Ltd
Global Palm View is 2 Basement + Ground + 14 floors building having 15 apartments on every floor with Studio flats, 1 Bedroom, 2 Bedroom and 3 Bedroom with different area accordingly on every floor, Global Palm View is located on Plot # T09248
£66,600 1 bedroom apartment for sale in Dubai Sports City
MUST BE SEEN
Rufi Twin Tower, Dubai Sports City, Dubai
Vista Real Estate Ltd
Rufi Twin Towers is a state-of -the-art high-rise building, giving residents outstanding luxury, where spectacular sea view sunsets and birds-eye-views of the surrounding golf course and stadiums become a routine extravaganza
£67,700 Studio apartment for sale in Dubai Sports City
Canal Residence West, Dubai Sports City, Dubai
Vista Real Estate Ltd
Canal Residence West is a collection of five beautiful buildings presented in Mediterranean, Classic European, Venetian, Arabic and Spanish Andalusian architectural styles. All buildings stand majestically along the vibrant waterfront promenade in the heart of Dubai Sports City. Studio, one, two and three bedroom penthouse apartments are available
£71,700 1 bedroom apartment for sale in Jumeirah Lake Towers
KEEN TO SELL
The Wind Tower 1, Jumeirah Lake Towers, Dubai
Vista Real Estate Ltd
Designed with international touch, these apartments offer you a vast expanse of floor space and views that are truly breathtaking!
"This is the parent company of "Consultech".
With the forward split this week, and the assets distributed to the shareholders... It may be the turning point we were all looking for. I believe we are at the bottom, and there are good signs of a new endeavor GWGO will take. I am curious to see how all this unfolds, and the resulting structure that will come of it.
It will be something else when the A/F's hit and the "deep pockets" get wind of it. Could exceed many expectations and predictions.
That is precisely what I am waiting for and looking forward too. The future rewards are worth an even longer wait for the A/F's. The discipline is here in my pocket. Many here have the same knowledge.
Your 5th day of posting, was the first negative towards SLJB. I doubt your here because your interested in SLJB as an investor. No legitimate concern calls for terms like "crap company", or “pathetic”. See below:
Posted by: jaffet012
In reply to: shaw2k6 who wrote msg# 94369 Date:9/25/2006 10:02:48 AM
Post #of 105249
QUESTION: What happened no financials no PR. whats going on... pathetic.
Great work gentleman. My gratitude, now we can have some sanity here without the childish banter.
Your another who is finding out what is going on as well. Keep your eyes open and continue your DD and research, it will then be even more clear.
Very true, there are many hurdles to overcome. Once they are passed the pace and bigger opportunities can then increase. The top dogs in control of Sulja, Consultech, Wessal, and Vista are crossing their "t"'s and dotting their "i"'s. Each of these (entities) has been well established. The unknown at this time is what will they each do from here, contract, acquire, partner, or consolidate. The A/F's are only the beginning.
That's right... There are many here with "zero" business experience. Tip off is the way they speak, such examples are as follows:
words (characters) such as Duh, LOLOLOLOLOL, and emotions of hissy fits by their attitudes.
Not very diplomatic, and would never become acceptable in the business world.
RB
Ditto!!!!!!!!! Pal ************////////////////////////////
Well this time it will come to fruition.
Regards,
RB
Nice story, but it still does not prevent share purchases and the endeavors Sulja, Consultech and Vista will take part in. You are in for a big surprise my friend.
That is correct, SLJB may be in the forefront of TDF as well. This could be very, very interesting. $$
Oh, one more thing.... to answer the latter of your question:
Their editors.
Could have to do with pop-a-top and myself. We hit him with both barrels just a short time ago. Only if you are wondering why the fast exit.
Thanks Pop-a-Top for the GREAT DD!!!! Feel free to post whenever you wish. There are a great many here who know what investing is all about, and how there are some looking to take advantage of the weaker ones. GREAT WORK!!!!!!
Jim, I do... trust me on this one. Everyone will find out also in the near future. I do understand some of the good intentions her kind started out with, however the goal has been forever corrupted by greed and so no longer is the "good Samaritan" intention intact. It has gone way beyond what is right and virtuous now. The lines have been crossed and the damage done. There is no going back.
I'm posting the hard facts you say do not exist. I will not play any games with you of "tit for tat". I merely posted what everyone should know, and I very much doubt the UAE would allow articles to be published if the news were false. Claiming SLJB supplied them the information about what "Wessal" (the corporate group) is about to partake in, would be the same as an individual telling Wal-Mart that the company is going to build a super center in their neighborhood because they (the individual) says so...
Please Jim refrain from using words like (duh), it makes you sound too much like Janice Shell. We all know what she is about.
P.S. to laugh at "real estate industry in the gulf" is being very naive; they can and have the right to build there if they choose to do so. Look at the building that took place in China for example, it is happening all over the world.
P.P.S. Spelling errors can and do happen, that does not make the story or news false. Try learning Arabic and see if you can then translate English to Arabic with out making one mistake ever.
Respectfully,
RB
"Wessal" is the international corporate group, and the president of it is Ahmad Khalil Al Muslamani, sorry to burst your bubble Jim B....
See article below from the United Arab Emirites:
Business
News in Brief
Published: 08/21/2006 12:00 AM (UAE)
Air Arabia will add flights to three Egypt destinations
Compiled from staff reports
Dubai: Low-cost air carrier Air Arabia is expanding its August and September schedule of flights to three Egyptian destinations in response to increased demand. The airline has added flights to Alexandria, Assiut and Luxor. Six extra daily flights to Alexandria run between August 17 and September 1. Additional services are being flown to Luxor on August 19, 24 and 30 and to Assiut on August 21 and 28. "We are confident that these flights will benefit the frequent business traveller as well as provide more options for those travelling on holiday or to visit friends and family," said Air Arabia CEO Adel Ali
Wessal to buy 25% stake in Sulja Bros
Dubai: Wessal international group has announced that it intends to purchase 25 per cent of Sulja Brothers in the open market. Sulja Bros Building Supplies Inc is a publicly listed company on the stock exchange in the US and specialises in the sale of building supplies. Wessal International Group's President Ahmad Khalil Al Muslamani stated that the purchase will enable Wessal International Group to lead the way in the construction and real state industry in the Gulf.
Muscat land deal completed
Kuwait City: Kuwait Global Investment House yesterday announced the conclusion of its third land acquisition in the South Hail district near Muscat as part of its GCC Real Estate Fund management strategy. The fund recently acquired an 18,700 square metre plot in Qurum area of Muscat. Investors' equity was $3.2 million out of the $16.8 million total.
That's right!!!!! You do not throw away a '59 Cadillac (in showroom condition), because it has a flat tire. If you do then you’re the biggest fool on the planet.
Sorry I forgot to explain your other question at happy hour. Been really busy at work and lost track of time. I will let you know next Friday.