MSB Global Capital Corp. (MSBM)

[fazoolius]

Bri,

Thanks for that. I am not sure I buy that answer and I do believe there is issues with his explanation. My thoughts below.


From Sept. 25th, 2007 PR:
Russell Industries has elected to not acquire American Uranium Mining, Inc. as was reported on June 19, 2007. "RSDS does not have the necessary financing in house and has decided not to pursue the debt financing necessary to acquire AUMN. Alternatively, RSDS has decided to use its available funds and any additional equity funds raised to continue its strategic business plan," said Rick Berman, President and CEO.

Don't you find it a little dubious that RSDS did not have the necessary financing the acquire AUMN yet Berman did?


Let's look at the PR from June 19th:


HOUSTON, TX, Jun 18, 2007 (M2 PRESSWIRE via COMTEX) --
Russell Industries, Inc. (RSDS.PK) announces that it has acquired American Uranium Mining Company ("AUMC").

AUMC owns 68 Uranium Mining Claims located in the Brigerjack section, San Juan County, Utah.
"This acquisition is synergistic with Russell Industries focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County," said Rick Berman, President and CEO. AUMC, a publicly traded company, will also have its stock traded on the pink sheet market. Russell Industries will announce the new symbol and date trading will begin in a future press release.

About Russell Industries, Inc.

Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of June 18, 2007.


All the statements above are in the past tense, not statements of what the company is working toward and trying to do in the future. For every PR up until the Spet. 25th indicates that RSDS has a majority ownership interest in 322 mining claims. Then all of a sudden, he up and tells us oh...wait a second...RSDS didn't actually buy AUMN yet it is still owned by Berman. That is what I want to know! That is what Berman needs to explain.

From an email from Berman a while back:
"Regarding AUMN, the company is entirely separate. Therefore, unless you are a AUMN shareholder, you will receive no benefit from AUMN."

Does this not make you a little bit upset? Does this not demonstrate that Berman has not been working for the shareholders? Doesn't this just make you ask who is Berman really working for?

Simple answer...HIMSELF. This is futher evidenced by the latest PR from AUMN:

American Uranium Mining Announces 2008 Strategic Plan
Thursday December 6, 4:00 pm ET

HOUSTON--(BUSINESS WIRE)--American Uranium Mining, Inc. (Pink Sheets:AUMN - News), is pleased to announce its 2008 strategic plan. AUMN owns a one hundred percent operating interest in 68 unpatented uranium mining claims in the Bridger Jack area of San Juan County, Utah. The plan calls for the Company to selectively and on a limited basis; permit, drill, log, reclaim and sell any U308 it finds in an effort to generate revenue by the end of the fourth quarter of 2008. The Company will also search for a suitable senior mining joint venture partner to form a strategic alliance for continued growth. The Company plans to finance its plan by raising equity capital pursuant to and in compliance with SEC Rule 504 Regulation D. The Company has chosen to sell these shares to accredited investors only. The Company will also explore other potential sources of equity capital during 2008. The equity capital is being raised for repayment of organizational costs, operational expenses and working capital.

Funny how there are no previous PR's listed for AUMN on pinksheets or Yahoo! This way, once the new 504 on AUMN gets underway, Berman will be able to fool a whole new set of investors.

Last, how come Berman is now paying attention to AUMN and not RSDS? Simple, with a bid of 0 and and ask of .0001 on RSDS, it is pretty difficult to pocket any money. So, his attention is now turned toward AUMN which will be in the same state as RSDS in no time.

So to answer your question, YES, I do have a problem with your statement:

"when he stated he did not have the proper funds available at the time in RSDS to acquire AUMN, so the acquisition was scuttled for the time being, or put on hold if you will,"


-faz