So im not sure if this deserves to be relegated to simply an "asset shuffle". Consider this...Perrault and co. are obviously involved in the mining industry. They have plenty of friends. Perrault is aware of some of these friends that "bit off more than they can chew" and dont have the capital to accomplish everything they had originally planned to do. In response, he calls up Lotito and convinces him to start EXLA and buy up these assets that his other friends are in need to unload. Tarku needs cash to mine their claim. Lotito gets them their other 25% so investors are more willing to hand over the cash via the recently announced offering. In return Lotito gets to put some cash and assets on the books to purchase the recent Nevada claim from another one of the friends that needs cash elsewhere in their company.

Point is, while they all know eachother, im not sure this is as nefarious as its being made out to be on this board. My family owned a manufacturing company growing up for example, and we often bought/sold assets from friends in the industry (we werent public so it wasnt shares being traded but the point remains the same).

Tarku and the company EXLA bought the Nevada claim from have nothing to do with eachother in business terms (maybe they know each other personally) so its hard to imagine someone in the shadows wants everything under one roof for a specific reason.

IMO much of this blame for the SP falls on Bull in Advantage and their promotors/MM's. It seems clear they spent weeks trying to accumulate shares, driving the price down in the process. The past two weeks IMO shows they had plans to start pumping it after the Nevada announcement. The trading shows it. Those first couple days after the NV announcement someone was sitting on the ASK but ONLY when the bid was hit. They screwed up though because they underestimated how worn out the market was with EXLA. The constant waiting. The dramatic random drop in SP. (I mean we went from roughly .02 for 8 months to .00's out of nowhere and for no apparent reason. Its a shame. They have a ticker with a perfect set up and had all the eyes on it they would ever need, but chose to be greedy. Had EXLA ran on its accomplishments and news and more importantly, in a timely manner, I have no doubt wed be .05+ right now easily. Instead of holding for the ride, most are looking for an exit, and since weve been in .00's for so long, it seems like low .01's is good enough for most to say bye.

That only becomes true if they in turn sell this claim to someone in these "connections"

Twitter is blowing up...you guys might not like the "connections" but in terms of good/bad news, i dont see how one can look at this as anything but good news imo.

This news is significantly better than the first round we had

I was nervous as hell watching the bid fall today thinking i was going to have to sell before it hits expert market...feel rejuvenated now...something is coming i think

Its in! Thank you jesus lol

Yea i mean i totally agree with you that thats what the rules say...just wondering if there is something were not seeing or understand.
I keep looking at other OTC plays that have all RM'd or moved into a shell over the past year, and almost none have filed their annual. IC*OA, W*SRC, MJW*L, IN*TK, I*DVV, CYB*L, EXLA, IL*US, along with many more all have 12/31 EOY dates and none of them have filed. All companies with actual assets and seemingly legit business practices and extremely popular among investors. Maybe its all a big coincidence and if i checked back on these same tickers throughout the week ill start seeing the filings pouring in, but it does raise a few questions in my mind.
After the rules change last sept the rules became really confusing and somewhat unclear imo

I know otc "rules" say annual reports must be submitted within 90 days of end of year...BUT they also say quarterly reports must be submitted within 45 days of a each quarter ending, which would have meant EXLA should have submitted something in mid February, and obviously they didnt yet we seem to be in the clear...
These rules can be confusing..

Are you positive the annual report is due by March 31?
Only reason im asking, is im going over many of my plays and/or perspective plays in the OTC, and almost none of them have filed annual reports yet for 21'. (most have dec 30/31 as their year end). Would be almost too coincidental for ALL of these plays to be waiting for the last day or two to submit the filing....

I think we get news first and then followed by the report same day or the following day.
Would assume that there is something in the report that hints at whatever their next "project" is and would give it away if they disclosed it before dropping news.
The trading these past few weeks would suggest something is brewing. Looks awfully suspicious to a bunch of insiders front loading for something and are trying to get as much as they can under a certain price. (aka .01).
Only a few days left so its kind of make it or break it time.

Think it was that 14k slap that brought us up to 99 from 93. After that little 500 share sell it looks like they had a stop loss set and it sold knocking us back down...good day none the less!

Yea i just checked its 100% the same LOL

no lol thats the same i beleive thank god

Im not saying im happy with how this has turned out at all...
I just dont know if they would have needed to all of this to close the deal FOR Tarku and get them their other 25%. Could have easily done it behind closed doors or done it without all the fanfare like hiring IR firms and what not. Plus MM could sue the sh*t out of them

Well see, the next 10 days are going to be big in terms of telling us what this is.

If that were true, MM has cause for a HUGE lawsuit on their hands.

Last years "Sept 28th" rule change was supposed to stop the kind of actions youre suggesting so if that is what they are doing, they could be looking at some serious trouble.

Time will tell. And like i said, next 10 days time.

Im not about to go through all of those...but i clicked on like 4 and dont see "failure" written all over them...
Hanjiao Group seems to be running just fine.
BKI seems to be running fine
Maxcede seems to be running fine
Ocean Electric just completed a merger a few years ago

Im sure there are bad examples too and the dude hasnt started the next Tesla or anything but i dont see him exactly being a failure

I dont want to make this about shanghai, but a lot of these claims dont stand up when examined.

It is definitely a known tactic in trading to do things to bring the price down to a point the person doing the action is comfortable with and then purchases a large amount of shares. Again, not saying any one person on here is definitively doing that, but it 100% exists. This isnt a BB stock. OTC traders rely on things like forums and twitter for their information. For every 1 trader that knows what theyre doing, there are 10 in the OTC that know as much as these forums tell them. OTC retail is notorious for acting on a whim and trading based on what others tell them to do. Why do you think FURU's are so popular in the OTC? If it is a down day and they read negative things about that stock online, it is common for them to act based on that.

EXLA is a brand new company. Yes i think the majority of us thought we would have something more substantial by now, but to judge them on "not owning anything" yet is a little premature. Especially when we are still presumably waiting on more projects to be announced. If those projects come back to be a whole lot of nothing, than this claim may hold water, but until then, I dont see how it has any validity.
Tarku has actual boots on the ground and has obviously had more than just engineers visiting the site considering they have drill results from the mine.

The idea that they "diluted the hell" out of this is laughable. It is extremely common for OTC companies, especially NEW OTC companies, to add shares to the SS. Look into the difference between good dilution and bad dilution. 95% of the shares added to the SS have been added to the RESTRICTED and for the purpose of making acquisitions. Adding shares to the restricted has virtually no effect on us, especially at this level. Its when a company adds shares and then puts them on the open market to be sold when problems arise. Weve had what, a 7% increase to the unrestricted. Hardly enough to cause concern. The fact that its only 7% tells me they have shareholders in mind and DONT want to dilute the crap out of it to the point that shareholders are affected.

Their twitter promoter in "bull in advantage" has had plenty of success in the past. I dont know where you got that info from. We'll easily find out if they received anything when we see the next filing, but its not common for IR firms to receive shares and dont see a reason why it would be any different this time. In fact almost every PR put out by bull in advantage explicitly states they DONT hold anything in the company they are representing.

OTC companies, especially new companies often sell shares to raise money. Would you rather them do some kind of offering? An offering that would likely be to some crazy advantage to the lender and piss of shareholders even more?


EXLA has definitely not been EXACTLY what i expected. I wish they would have better communication, and i wish they would deliver something more substantial. But a lot of these claims are extremely premature and frankly just wrong.
Hopefully the next project announced is something big, we could all use the boost.

Think its much more likely people that bought almost a year ago now are getting out as we start to get closer to their entry point...massive amounts were bought under .01 last year

SS was updated 3 days ago with no change to restricted.
Your suggestion here is not possible this time

Seems like whoever has these blocks at the ASK keeps walking it down to find a buyer...if they are willing to sell at .007...why didnt they just sell into the bid even yesterday for example when there was like 600k on the bid at .0075 or whatever it was and get rid of a good chunk of what they have on the ASK..?

Speed of dilution? Theres been one add to the SS of significance and it was to the RESTRICTED?
What does Tarku's MC have to do with this?
Critiques are fair but make them make sense

Could it be that these guys are trying to be "strategic"...wait for those early buyers to get out, that way the way up is cleaner and more of a straight shot?
Think of how it has been over the past few months...especially when we got close to the .02's. Everytime we got up there we would think its about to happen,and wed get pummeled with big sells. I know some of those sells were people from back then, only because theyd brag on twitter or come on here talking about how they got out with a 400% gain or some BS like that.
I know its a long shot and not even sure a company would be thinking like that in terms of SP..but idk anymore LOL

Only thing i can think of is that its some people from back in April 2021 when this did over 150mil in a day and went from .003-.025 in a day...Were getting close to their break even so they may be trying to get out with as much profit as possible...? There were 10's of millions of shares bought on that day below .01 so thats the ONLY thing i can think of that makes sense...the SS was just updated again on friday with no shares added, and the blocks that have been going up constantly add up to way more than the 15mil unrestricted we know they did add.

It just doesnt make sense to me...we have huge buys in the high .01's...now that were .00's everytime an ASK is taken out a new one gets put up thats even bigger...Weve been watching this for a LONG time, and no2 there has never been someone that picked up 20mil at once to do this. Unless all of those big buys back in the day were one person over the course of many weeks and this is the unloading....?

A few posts ago i stated I have been adding to my position over the course of this entire down swing, about 3-4 weeks, almost doubling it.
After my initial entry many months back ive only slapped the ASK to add.
I admittedly dont have the kind of powder to take 1mil off the ASK but I try to do my part slapping it for 10k shhares, 20k, 30k etc every couple of days. Id say multiple times a week over that same 3-4 week time period.

All i can do...but i wouldnt post something if im not prepared to do it myself.(at least to whatever extent i can)

Remember the days when we had 2mil bids at .017...
Use those deep pockets boys! Take these walls down so we can fly!

News before a filing would be even better...only cus a filing with no context (if theres a bunch of new info on it) is only going to raise more unanswered questions

I think its a mix of both.
I for one will fully admit that the falling SP has got my emotions all over the place and making me feel down about the stock.
On the flip side, ive added consistently over the past 3 weeks, almost doubling my position and have gotten my avg down considerably.
I believe in the company, but id be lying if i said i was "happy" about managements performance over that same period of time. There are A LOT of things i feel they could be doing better.
What happened just a few days ago, going +%40 on medium volume shows me just how much potential this stock has, but that doesnt mean i enjoy the decline. Weve had i think 3 or 4 green days over the past 30 days, its not encouraging, BUT we also havent had any real developments in that period of time showing this isnt worth the suffering.

I know youve been here for some time, but for those of us that have been here since last summer/fall, its frustrating. We stuck with the company over a LONG period of silence, and defended it as a worth while investment. When things got under way I think a lot of us felt we were going to benefit from getting in early. It hasnt worked out that way...YET. All it takes is for the next PR to be extremely positive, and with how thin it is, we could be in the .03's by the end of that day.

Also, this is the OTC. Many dont have thousands of dollars to invest, and go into these things thinking its going to be the "lottery pick" that changes their lives.

The tone of the board will change once we start going green and we get back to our usual levels, but damn if its not frustrating in the mean time. If management would just be more open with us, and communicate, I think a lot of people would feel more comfortable with their investment. All it takes is a tweet saying "Hey guys, sorry for the hold up, but we want to assure shareholders we are working hard on our biggest project to date. All questions will be answered shortly!" and i think a lot of people would feel better.

Lotito's linkdin claims he specializes in funding for start up companies ranging anywhere from 500k-100mil....why are they looking for peanuts here then...?

If its a scam they did a bad job at it...they forgot to the most important part and pump it

You dont find it odd that every time the ASK gets knocked down some huge block gets put up out of nowhere?

Is that 800k block gone after those buys earlier?

Hell...we dont know if it did LOL
They refuse to update us. For all we know Lotito could be down to 200mil after the MM deal and had to add another 100+ for the new deals.
Lots of questions is right LOL

It seems like Perrault is the match maker with all of this, and likely has more influence than his "director" or "advisor" title would suggest.
He is the only one out of the group located in Canada...they use a Canadian IR firm. Tarku is a (i believe) technically a Canadian company. And so on.
You could make the argument, as unlikely as it is, that Lotitto and Long could use a quick payday. But we know for a fact Perrault has money. I highly doubt he does some scam stuff and risk his reputation and business's for a quick $50g's.
Unless MM's management is riddled with criminals and people with a credit score of 35, theres no need to pull the hood over the public and have Lottito and company create a shell to then suddenly turn it into MM 2.0. MM could just refile and relist, or their old management could start a new.

Personally, that part doesnt bother me too much. It doesnt seem uncommon in this industry for shares to be passed around. Plus the only way they are worthless is if this truly is a scam or something. If they have a genuine business plan, which im sure they would give insight to MM before they accepted the deal, and he was satisfied with it, i dont see it being that out of the ordinary to take them.
In theory, any company on the OTC could be worthless in the future. MM made a killing on the original purchase Tarku made for 75%. My guess is they were trying to just get these assets off the books in exchange for something/anything.
The fact that theyre restricted tells me MM has confidence that whatever the plan is, the SP will rise significantly. If not, like you said, by the time they are released, the SP could be .0005 and they would have sold their 25% for peanuts. Just not likely in my opinion.
It all is going to come down on the next acquisition i think. If its something meaningless, yea we might have a problem. But if they give us something substantial, than I think maybe our emotions are getting to us being that the SP has taken a nose dive recently.

There have been 2 changes to the SS in roughly the past month.
The first one added 5mil to the UNrestricted
The second added 10mil to the UNrestricted

As soon as these shares were added to the SS HUGE blocks were put on the ASK or sold into the BID.

There recent move with selling Tarku 25% suggests to me that they are trying to raise cash for something. Combine that with the changes in SS and the blocks that followed after, again, leads me to believe they are unloading shares to raise cash.
It makes sense in my mind. I cant imagine they thought this Silver Strike deal was enough to carry the SP and the company in general for going on 6 weeks now. There a brand new company with supposedly numerous projects in the works. Its not out of the question that something went "wrong" (even just something along the lines of the other party involved in one of the other projects wanted more cash added to the deal) and they had to add shares to the unrestricted and unload them to raise cash for one of the deals.

Im not suggesting its something nefarious. BUT i am suggesting the reason we are being stalled out is because they are putting shares on the market to raise money. Not to mention you add up the blocks that have been sold during that time and its suspiciously close to 15mil, the same number they added to the SS. Not going to pretend like 15mil is crazy dilution and we have to be concerned in that sense, but it seems possible its them selling shares.

Assuming its management selling...they have 800k on the ASK...thats what..a little over $7k...WTF is $7k holding us up for

Someone buy these 800k shares so we can finally get some news...
Im going to lose my mind if they get bought up and they throw more on there stalling this out even longer

Thats what i was saying when they did this random deal with Tarku to buy out their 25%...just makes no sense and no way it was planned that way.

Optimistic but maybe they realized their little minority deals on old mines wasnt gonna do squat to raise the SP and they started raising money to make a big purchase...who tf knows. Wish they would have SOME communication with shareholders instead of sharing some old pictures of mines

That would be a direct "F U" to shareholders though...why not run a legit a company and let your actions/news do the work instead? Make some actual acquisitions rather than trading shares with your buddies. Grow the SP to .10 and then sell some shares IF you need to sell some shares at all. Theyre a mining company. The shyt they pull out of the ground is worth more than money for christ sake. Do your job, mine some gold, and voila you have a paycheck without spitting in your shareholders face.

Dont these guys care about their reputation? Its not like theyre going to be set for life selling 20mil shares at .01. No one is going to touch any company associated with these guys again if thats the case