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Re: Gold Seeker post# 7355

Monday, 12/18/2006 2:59:28 PM

Monday, December 18, 2006 2:59:28 PM

Post# of 30387
Gold Wrote: "Erthang, When will you ever learn to read the filings? Yes, go right ahead and turn me in for posting false information and get more egg on your face."

No Goldseeker, YOU are the one not reading the filings correctly. The placement you referred to under subsequent events further refers to 8a. Under 8a. you will see the same placement recorded in September. I guess what happened was that they received the proceeds in late September and subsequently in October issued the shares.
OH DEAR GS. Down on your knees and do your apology to Erhang:

"10. SUBSEQUENT EVENTS
a) In October 2006, the Company issued a total of 1,995,000 units for proceeds of $997,500, which were recorded as common stock subscribed as at September 30, 2006. See Note 8(a)."

"8. COMMON STOCK
a) In September 2006, the Company received stock subscriptions for 1,995,000 units at $0.50 per unit for proceeds of $997,500. Each unit will consist of one common shares and one share purchase warrant entitling the holder to purchase one common share at an exercise price of $0.90 per share expiring on September 1, 2008."







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