This interesting tid bit was on another board, wonder where this will go LOL LOL LOL!
LaRive received C shares - don't know whether they were ever converted...
LaRive/SN LLC got $2million plus $250k for the gold mine plus PHGI shares representing 13.5%: Saturday Night, LLC, a Utah LLC, grantor, hereby quitclaims to PHGI whose address is 166 Acacia, Santa Rosa Beach, Fl. 32459, grantee, for the sum of (a) two million dollars ($2,000,000) ( the "base amount") plus (b) Two Hundred and Sixty Thousand Dollars ($260,000) to pay off all company debt plus (c) 8,802,104 shares of Series C Convertible Preferred Stock ( the Series C Shares) which upon conversion shall equal thirteen and one half percent (13.5%) of the total issued and outstanding capital stock, both common and preferred on a fully diluted and as-converted basis, of the Purchaser after giving effect to the shares to be issued to the seller (the "Purchase Price") Lucin Mining District, Saturday Night No 1 & 2, Survey No. 5797, being located in Section 4, township 6 North, Range 19 West Salt Lake Base Meridian. http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=9843
Youse get my drift? All in my not so humble opinion! I collect indians! My Boyfriend is a Seminole Indian! And he approves this message!
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