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Wednesday, December 31, 2008 6:38:40 PM
The board would also like to remind our shareholders of the efforts of Sr. Juan Jose Quijano Fernandez is doing in our behalf. Not only has he been negotiating in our behalf and working hard to close out this Joint Venture, he has also paid out approximately $56,000.00 in our behalf from July 2004 to 2008.
We have received a requested fax from Sr. Quijano outlining the expenses. They are as follows:
Taxes, Required filing for the claims, our share for the payment for the North road, legal defense, trip expenses to the property with the investors, etc.
The board expresses our gratitude for his efforts and lending of his finances in Cerro's behalf.
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