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Re: coinsguy post# 94113

Monday, 08/24/2015 8:34:53 PM

Monday, August 24, 2015 8:34:53 PM

Post# of 222802
Issuing 113,000,000 shares with 119,460,000 shares issued and outstanding is a material event and is required to be disclosed in subsequent events.

As per the quote from their own admission on August 19, 2015, the issuer had no material events to disclose.

Also, that would make him an 85.6%. Navarro is horrible at math.

From his bio, it appears he has no accounting experience.

Alberto Navarro. Treasurer and Director
Over the past 7 years, Mr. Navarro has been a contractor in the South American mining
industry specializing as a project planner and logistics coordinator. Through his travels and
working relationships in this role, Mr. Navarro has gained an intimate knowledge of all
aspects of the mining business from exploration to production. Previous to his mining
industry experience, Mr. Navarro began his career in Central Chile as an operations research
consultant and project planner within the forestry and construction industries for more than
6 years. Additionally, Mr. Navarro’s responsibilities in this role included accounting and
administrative support in the generation of IAS/GAAP compliant financial reports.



Also, IAS, highlighted in red was replaced with IFRS in 2001.

If he only has 7 and 6 years of profession experience, he was not around during IAS.

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