AU MIN Africa PTY Ltd. (GRYEF)

[bullcents]

I'm not someone who's going to go AWOL quite so easily, but I've been corresponding with David Feldman (http://en.wikipedia.org/wiki/David_N._Feldman) on the topic of 504 Offerings which is what this company is attempting to do. Feldman's most recent book on reverse mergers explains 504 Offerings quite well. I emailed Mr. Feldman in order to better understand this particular situation regarding WRII and 504 offerings in general. So as not to keep you guys out of the loop, here is what he had to say:

"The problem with 504, as I pointed out in the book, is while it is totally legal, it is more often than not being used by questionable or shady characters to avoid disclosure obligations before having public trading. Indeed 42 states now prohibit a 504 offerings from taking place in their state, if that gives you any indication."

"...my general advice to clients is to avoid getting involved in 504s unless you research it enough to find something redeeming about it."

If you want to know more about 504s, you should pick up his book. I know you can buy it on Amazon at a reasonable price. =)