Buscar Company (CGLD): Thanks for providing proof that the shar...

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surfkast

Re: moneymarkets post# 8817

Friday, 10/02/2020 12:55:06 PM

Friday, October 02, 2020 12:55:06 PM

Thanks for providing proof that the shares are eligible for rule 144! Glad to see the Attorney is on point!

Such great DD!

These conditions are:

the issuer of the securities has ceased to be a shell company;

After an investigation of the OTC Markets and Securities and Exchange Commission filings for the Issuer, it is my opinion that the Issuer is not currently a "shell company", as defined in Rules 405 of the
Securities Act of 1933 and 12b-2 of the Securities Exchange Act of 1934. Based on my review of the historical financial statements and reports filed with OTC Market and the Securities and Exchange Commission, the Issuer, under the predecessor names Cascade Springs Ltd., Colorado Gold Mines, Inc., and Buscar Oil, Inc., reported as a shell company from the quarterly report on Form 10-Q for the period ended September 30, 2011, through the quarterly report on Form 10-Q for the period ended June 30, 2016.

https://backend.otcmarkets.com/otcapi/company/financial-report/253486/content

The SEC on Wednesday approved a change to its rules that would largely prevent brokers from quoting prices for OTC stocks unless the companies issuing such shares released up-to-date financial information to the public.