Shkinferd...."When he took over as CEO, Scott got 30 million shares, which at that time valued somewhere aroun $80k....Scott's family would have been very informed of this company, and they have nearly bottomless pockets. My thoughts/hopes/dreams are that between Scott, his family, and his fishing buddies, they could possibly own half the shares of this company or more..."
I have been thinking the same. If I were Scott, his family, and friends, I would have my eyes out for ways to legally acquire a controlling interest in the company without running up the price, i.e. a purchase of registered securities as in those that were used in 2006 payment for services/mining acquisitions.
From the Year end financials:
NOTE 5 – STOCKHOLDERS’ EQUITY
"From April though December 2006, a total of 368,365,000 shares of common stock were issued for various services rendered. These valued $368,365."
If I were Scott and family, i would have contacted the holders of those 368,365,000 shares and made them an offer that they couldn't refuse. This would give controlling interest of this company to the purchasers of these securities (50.7%).
If this is truly the junior mining play of the century and Scott is convinced of the future, I would think that a controlling interest in the company would be very very very important to the Keevils. Just speculating here!....Jim
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