MineralRite Corp (RITE)

[DD_dempsey]

With $RITE- here is something to consider; new management. Do they have the experience to make this happen ? Let’s take a closer look …

After publishing his first investment book in 1987, Mr. Burgauer sold his software company and returned full-time to the securities industry. He founded AISCO Holdings, Ltd. and its many subsidiaries, including two more brokerage firms and a commodity firm. He served that conglomerate as its Chief Executive Officer and its Chairman of the Board of Directors. During his tenure, he held, among others, SEC Series Licenses 3, 4, 7, 15, 24, 27, 53 and 63. Around this same time he was also commissioned by some major Wall Street wirehouses to write his second book; which they then gave out by the thousands as a promotional gifts to their best clients.
As the firm’s primary SEC Licensed Principal, he grew AISCO Holdings into a financial services conglomerate — managing over $700 million in assets and employing approximately 300 licensed personnel. By March of 2000, Mr. Burgauer merged his firm into a public entity, and semi-retired to the life-style of a consultant.
Within a few years Mr. Burgauer began dealing in the commodity markets again — but this time he focused on the purchase and sale of physical commodities rather than the paper trading of them.