InvestorsHub Logo
Followers 13
Posts 959
Boards Moderated 0
Alias Born 07/15/2010

Re: Captain Black Bob Blanco post# 45920

Wednesday, 11/23/2022 11:42:17 AM

Wednesday, November 23, 2022 11:42:17 AM

Post# of 47679
Bob, you wrote: "I would like to see the company be investigated and have it’s books looked at by a forensic accountant, to see exactly what and who the $38 million dollars was spent on, and who, if anyone, was benefiting from insider trading, doing wash trades, and deals for placements with non-accredited investors."

ME TOO!

Over a year ago, I posted the following on the booby board. Of course, it fell on deaf ears.

C'mon folks .....

Does any member of the crew have the courage to telephone that straight-shooter Paul Thompson and ask him what these disturbing amounts of "consultant fees" are? Am I right in seeing that in the last 2 q's, we've seen over 1 million dollars reported in "consultant fees"?

Please, and I mean please (although my pleading till now seem to fall on deaf ears), don't automatically give PT a pass on this one.

An operation that so far has produced piddly amounts of gold, and PT is spending hundreds and hundreds of thousands of dollars on "consultants"? Every $500,000 in "consultant fees" means more than 16 toxic $30,000 loans. Why didn't PT spend these amounts on actually producing gold? (we seem to also have given PT a pass on that $1,200,000 default on a loan that none of us was aware of until reported as "defaulted" in the previous Q).

What the h&ll is going on??

Of course, some of you will indeed give PT a pass and say it must be that he's in high-level negotiations about the sale of the company or about a JV arrangement (lawyers are expensive, right?), but why is there no mention of JV or sale in the current Q? Wasn't this precisely what everyone was getting excited about a few months ago?

The duplicity/ignorance/vanity of this man is astonishing. What a mess he has created.

I'll finish with my earlier question: what the h&ll are these consulting fees? As shareholders in a public company, don't we have some legitimate right to know? We just bend over every three months or so and get reamed in the posterior.

mahat