Alkane Inc (ALKN)

[DueDillinger]

Black Sea Minerals is a public company. Indeed, they recently (10//31/03) filed an SB-2 registering new shares:

http://www.sec.gov/Archives/edgar/data/1082773/000114523603000009/dsb-2_telus.htm

I love SB-2 registration statements, because they're one of the only documents that the SEC scrutinizes very closely; and therefore are a primary source of information for due diligence. Then again, this particular SB-2 seems to be a copy of an earlier filing and has some information that is clearly out of date.

Walter Stunder ? President, Director. Mr. Stunder has been President of Aurora Pacific Consulting and Development Corp. since 1976. He speaks, reads and writes Russian and Ukrainian as well as English. His knowledge of these languages and his extensive knowledge of Ukraine are used in his consulting business which is to advise businesses in the set up and operation of businesses in Ukraine since its independence in 1992. He has been to Ukraine approximately 50 times in the past ten years as a consultant to other businesses.

Mr. Stunder has significant practical experience in the operation and maintenance of machinery. He grew up on a farm and operated and maintained all of the farm machinery. In the mid 1960?s he managed and operated a gravel crushing plant for a year in Prince George, British Columbia, Canada. He was responsible for all of the daily operations. Thereafter he was a high school teacher teaching mathematics, physics and chemistry. His technical knowledge of these three subjects enables him to understand the technical reports on the properties. After teaching, he worked for United Geophysics as a seismic surveyor. Mr. Stunder?s practical experience with the operation of machinery enables him to understand and design the equipment necessary to extract the garnet from our two properties.

Mr. Stunder will be spending 50% of his business time on the business of the Company, which is more than adequate to oversee the Companies operations. Upon completion of this offering and delivery of the pilot plant to the Ecogarnet property, the Company will initially hire three employees in Ukraine to directly manage and carry out the daily operations of the Ecogarnet property as required.

Mr. Stunder is a director and the owner of 80% of the shares of Aurora Precious Metals Inc. which is listed on the OTC(NBQ) with the symbol ARPM. He is the President and managing director if Aurora Precious Metals, Inc.

Interesting isn't it that there is no mention of NSDM? Lots of other interesting detail in this one.