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Re: None

Wednesday, 03/26/2008 5:15:28 PM

Wednesday, March 26, 2008 5:15:28 PM

Post# of 37012
Well if you folks are supportive of getting this company back on the map. I'll try to jump through the hoops to make it happen, and work with the SEC to keep it trading, and get all the needed documentation filed. Expect some bumps along the way, because I've never delt with a public company before. I have bought I company in bankruptcy 25 years ago, and delt with 40 lawyers all wanting money for their clients to do it. But this is a new animal, with differnt rules. First I'll file with the Delaware C-Court to have the judge appt me as Temp CEO until we can have a shareholder meeting to elect corprate directors. Dr. C never had a real BOD, and it's my hopes there are a few here with both legal and business brackgrounds to fill the BOD with 4 qualified individuals to help direct the company growth, and oversee the company financials. At the same time we'll elect a CEO, CFO, and COO to operate the company, and choose a direction for the future. The company will no longer be located in Canada, and for all practicle purposes will be located in a file cabnet in my basement if the court approves my application to act as Temp CEO. I wish I could say how long I would have to act as Temp CEO, but that will depend on how long it takes to get the needed material to have a corprate election.

Choices for the future: I would prefer to take the company in a new direction focusing on mining gold, and Platinum group metals. Goals being to establish a portfolio of mining properties in states that don't allow mercury or cynide leach mining. Oregon, Washington, Montana, and Colorado. The focus of the company will be to used halogen leaching which can be done in a near green, or green manor depending on the ore. I doubt any patents could be made in this area, because pior art dates back to the 1860's using halogens, and many patents were made during the 1970's for extraction using this concept. To my knowlege there are no companies using this method today, because it's become a lost art with cynide leaching being so cheap, and gold prices being so depressed during the 1990's. Gold prices are more than attractive today, and cynide isn't a option anymore in the states mentioned above. The other advantage of halogen leaching besides being enviromentally freindly is it works on ores that cynide can't touch.

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