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Re: Grolden post# 5962

Tuesday, 07/14/2015 1:34:16 PM

Tuesday, July 14, 2015 1:34:16 PM

Post# of 6597
OK, so they bought a mine with half a billion dollar annual revenue for a $100k convertible note. Nice deal if only it was believable!

2014 Estimated Monthly Revenue at the cost of $1,300.00 per troy oz.
120.57 oz X $1,300.00/oz = app. $157,300.00 per day

Estimated Yearly Gross Revenue
$157,300.00 per day X 269 (# days operations per year)= $42,313,700.00/month
$42,313,700.00/month X 12 months= $507,764,400.00/year

On March 13, 2013 GreenGold Ray Energies Inc. currently known as AU MIN AFRICA
PTY LTD acquired 40% of the gold minerals interest of an international mining company, Au
Marcge Minerals AG. In consideration, a Convertible Promissory Note to pay $100,000.00
with 3% interest only, for 3 years due and payable, to commence payment on March 13, 2016.