Saturday, November 28, 2015 10:19:20 AM
This means Garth lost 2/3rds of Shadow Mountain, down from ~90 claim cells before.
As of 10/25, the last of the original claims all expired. Two days later, Garth posted here about filing for four new claims. He also dumped some more shares that same day, in case anyone hadn't noticed (0.00028). Someone with access to trade history or current O/S and A/S numbers could verify or debunk this.
Since then, he paid this "Small Cap Street" P&D firm.... and it appears the firm messed up. They were probably meant to repeat the Oct. 27th PR about filing for the new claims, but instead they announced the previous negative news release about letting Shining Star expire. Just in case someone wants to challenge me about this, read Small Cap Street's disclaimer:
So, basically, it took four years to get to this point, and nothing got done. The first IPO (which I said would not happen last year) finally got withdrawn, and now the second one has failed. Canwealth no longer owns the claims listed in the filing, so the IPO would have to be amended yet again. It won't be, because the claims were the very reason for it. This means the IPO is now moot - dead in the water.
The process has to start all over again. Garth will have to withdraw from the IPO and get assay results for the new claims and Shadow Mountain again, and then file again for another IPO. It took three years last time.
One thing to note as I read through posts: Neji Jedda and Carl Caumartin are real people, and they do exist. Caumartin is NOT A GEOLOGIST, NOR WAS HE EVER CALLED ONE IN PREVIOUS COMPANIES. His previous employment in TVI Pacific and Infinito Gold (2nd worst mining company to ever exist in Canada with over 120 million in debt before it folded) never called him a geologist. Instead, he presented geologist findings as sort of a manager.
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM