New Colombia Resources Inc fka NEWC

[judasgoat98]

I'm satisfied with everything NEWC's done so far because they've laid it all out for us and it's pretty clear. Instead of paying for the 2015 10k audit, they used the money to fund their businesses. They were not concerned with getting on a higher stock exchange because they needed to fund their projects. The CEO even explained that in the December PR. Now the audits are with the auditors. They've paid the auditors and John said everything is with them and he's just waiting to hear from them. Here it is, just a little over a month ago.


"I'm happy to report that we are finalizing agreements and contracts that will generate significant cash flow. I realize the extreme importance of being current with our SEC filings, our auditor, Malone Bailey in Houston, TX is currently reviewing our annual report. A conference call yesterday between our accountants and auditors identified some small requests by auditors that the accountants will provide and a filing is expected shortly thereafter. Company current assets, most liabilities, subsidiary ownerships, business plans, etc. are all in the audited 10K Annual Report filed last year. Before last year New Colombia Resources had never been not current and always filed in a timely manner. Our limited cash resources were used to build two businesses, mining and Medical Marijuana products in Colombia. Going forward as we generate revenue from several businesses, we don't anticipate this happening again as we aim to trade on a higher exchange."

http://www.marketwired.com/press-release/new-colombia-resources-inc-issues-letter-to-shareholders-otc-newc-2183461.htm


Not to mention, they filed a 10k for 2014, you can see they purchased the property and the equipment. What do you think they plan on doing with that? Check it out yourself.

http://yahoo.brand.edgar-online.com/default.aspx?cik=772370

Oh, and I might as well remind you of the 90 million dollar coking coal contract they recently signed with American Steel Industries. Do you really think they're going to miss out on that opportunity? You're dreaming. See you at silver.

http://www.marketwired.com/press-release/new-colombia-resources-inc-announces-us-90-million-purchase-order-metallurgical-coal-otc-newc-2186410.htm