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Re: A deleted message

Friday, 09/11/2015 2:03:59 PM

Friday, September 11, 2015 2:03:59 PM

Post# of 62039
Yes, if Ecuador is cracking down on exports or those taking advantage of the system, Jorge and other business ventures in Ecuador who export products will need to find business and revenue elsewhere, tax havens even. Here in America, our government is the easiest when it comes to setting up a business, especially tax breaks to foreign businesses. Jorge could take advantage of this.

1) gains a $140MM mine for only a small price of $1.1MM which is probably $10-20MM LESS than it would cost to start from scatch

2) gains advantage of $20MM in debt write offs from acquiring SIRG's debt problem. Turns into tax breaks over the life of the mine or until debt is paid off

3)Jorge would then gain access to north american mines/future business opportunities as well as american capital (banks) and investments for expanding OROT as a whole.

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