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Monday, March 09, 2015 5:17:12 PM
Here, I see the same pattern. Nothing but press releases and unaudited financials put out by Bob. There has been no real third party verification of anything. Bob will not publish a 43-101 and the transfer agent is gagged. He claims he does not want to promote the company by letting anyone see a 43-101, yet he has been paying promoters to pump the stock. He claimed he was going to do a buyback at NWGC, but then gagged the transfer agent and raised the authorized shares by 750 million. Ecuador still shows Compania Minera as dissolved, and even if it weren't dissolved, there is no proof that Andes owns anything in Ecuador. Other persons claim ownership of the Miranda Alto mine. Both here and at the parent NWGC, Bob and the insiders are continually converting debt for shares at .0001. The shares authorized and outstanding is ballooning both here and at NWGC, yet the debt continues to increase. In the absence of audited financials, you have nothing more than Bob's credibility. In light of MSITF, you have to wonder what that is worth.
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