Saturday, January 19, 2008 12:47:25 PM
Apparently you didn't notice the article regarding the 200 for 1 Reverse Split and the symbol change from DGPV to BOLV effective October 12, 2007.
I didn't quite recognize the extraordinary portion of the recent reverse split after which the price is decreasing at an extreme rate, might be due to dilution because the company is not earning very much money.
Effective October 12, 2007:
the Company amended its articles to incorporation to change its name
from Denim Apparel Group, Inc. to Bolivar Mining Corp.;
its trading symbol changed from DPGP to BOLV; and
it reverse split its issued and outstanding shares of common stock in
the ratio of 200:1.
http://biz.yahoo.com/prnews/071119/to202.html?.v=59
How did they collect 1 million dollars to pay for their 40% share of the Chinese gold mine?
Their revenues during 2006 were experiencing a decreasing trend.
31-Oct-06 31-Jul-06 30-Apr-06
69,000 501,000 153,000
http://finance.yahoo.com/q/is?s=bolv.pk
Careful with this stock. This is similar to most other deceitful pink sheet companies. They are not required to provide any proof of their revenues, due to lack of 10Q's and 10K's they could claim they're earning $3 million every day.
I didn't quite recognize the extraordinary portion of the recent reverse split after which the price is decreasing at an extreme rate, might be due to dilution because the company is not earning very much money.
Effective October 12, 2007:
the Company amended its articles to incorporation to change its name
from Denim Apparel Group, Inc. to Bolivar Mining Corp.;
its trading symbol changed from DPGP to BOLV; and
it reverse split its issued and outstanding shares of common stock in
the ratio of 200:1.
http://biz.yahoo.com/prnews/071119/to202.html?.v=59
How did they collect 1 million dollars to pay for their 40% share of the Chinese gold mine?
Their revenues during 2006 were experiencing a decreasing trend.
31-Oct-06 31-Jul-06 30-Apr-06
69,000 501,000 153,000
http://finance.yahoo.com/q/is?s=bolv.pk
Careful with this stock. This is similar to most other deceitful pink sheet companies. They are not required to provide any proof of their revenues, due to lack of 10Q's and 10K's they could claim they're earning $3 million every day.
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