US Precious Metals (fka USPR)

[russo123]

Here are some more uspr facts. so write these down-

fact
uspr has no money. they have huge debt. they have huge converts on their books and haven't filed a 10k or 10 Q in 2 years, so who knows how bad it is right now.

they already have close to, if not already, their max authorized shares outstanding (325 million). again, we don't know what they have today because they are delinquent in their filings. and for uspr to get compliant, and inform investors of their financial condition currently, it will require more money (that they don't have) and create more debt (then they already have).

reality

uspr no longer controls the only land they have ever worked on. they worked on that site for over a DECADE and never got definitive, verifiable reserve results, let alone attempted to mine anything.

so whatever management is gonna start to work on the remaining property, has no money to start, maxed out their authorized shares, and based on uspr's work on the 600 acres, gonna take another 10 years to find out if there's actually gold on the remaining 36,400 acres.

and uspr lost the 600 acre property due to lack of payment. so, if they didn't pay for the 600 acres, why would we believe they paid for the 36,400 acres?? wouldn't reasonable people pay for the property they are working on before the property they were not? you know, the property that wasn't accessible?

and why on earth should anyone contact a previous ceo of uspr regarding anything at all about the current conditions at uspr. sheldon baer can't speak for uspr.