Failed Financing. 100% Risk. No leverage. Strickland Scam.
It is pretty clear this Strickland scam is going to be shorted down to almost zero like PDGO. There is no leverage against the risk here.
Reasons:
-If VGLS had secured financing they would have acquired Tamra by now.
- SOP never reiterated VGLS press release meaning VGLS most likely hitched their wagon to this JV and sale to pump and dump shares.
- CCI owns Tamra mining
- SOP has control and permits over Blawn mountain property
- Utah Secretary of state business search shows JV has already been created between Tamra and SOP - Blawn Mountain Mining LLC
- James Wolff resigned, and the company couldn't even bother to put out a detailed press release with a header, date, or signature.
- VGLS owns nothing other than a bunch of debt, and a bloated amount of outstanding shares. If you own VGLS shares you have nothing weighted against your risk. Strickland and Mahmoud will strip you of your life savings with their shady lackluster websites, and twitter accounts.
Upside for this merger is clearly in Soperior Fertilizer symbol POTRF. In order to win in investing first you have to prevent yourself from losing. If VGLS fails for you then you're done, because you have all the risk. At least with POTRF you have the land and the JV to protect you from that risk. Just my opinion. Good luck!!
