Gerry Sklar and Dror Moradov,
If the following information is true from the 2009 Annual report, stop f*&^ing with shareholders and start giving some information. You state you have the gold bearing inventory...Well sell the f&*^ing gold and stop with the three year dilution cycle and leveraging of the share price with these 144 shares. February 11, 2010 is coming up...One year on the 144 shares.
If this is all BS from the annual report about 6100kg of gold bearing material, I can only hope the SEC cracks down on your as@#s, on PRMO and WNMX, and leaves your families with nada.
ALL IN MY OPINION
Note 5 – Going Concern
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As shown in the accompanying financial statements.
If necessary, the Company intends to provide additional working capital through the sale of its Inventory. Although in the past the Company has been able to provide working capital through borrowings against securities (144 shares from treasury.)
Note 8 – Inventory
On Oct. 17 2008 the company had a gross sale of USD$1,927,000.00.
On Nov. 12 2008 the company had a gross sale of USD$816,000.00.
On June 1, 2009 the Company sold off certain perimeters in Madagascar for $384,000
As of June 30, 2009; the Company has operations in Ghana and Madagascar has secured 6,100Kg. of Gold Bearing Material having a significant
amount of gold
Note 13– Guarantees
The Company and its Directors have guaranteed Notes Payable to secure the purchase of mining equipment. As, of February 11, 2009 the Company has secured the guarantees with the pledge of (144) Stock issued from treasury to further secure the grantees and notes
