stav64's CONVERSATION WITH ANDY Posted: Tue Jan 04, 2005 4:05 pm
stav64 Diamond in the Rough
Joined: 24 Jul 2004 Posts: 26
Okay....Here's my take. I just spoke to Andrew. I now understand a few more rules of the game. This is not going to be an overnight process as far as filing goes and it will happen when other entities involved in the process complete their portions of the paperwork. This is not a trigger pull by UC. So we are not waiting for him to just say go. Once these audits all come together then the filing will be done and we will be on our way. Whether it is up or down will be determined at that time and at that time only. I will also say that Andrew was very informative and explained the process to me where I as a regular layman could understand it. So these great theories by some of the posters as I see it are pretty much discounted. If Andy's comments to me reflect anything it is that UC and RG are building a strong business plan and are not going to throw an unprotected company out there to be shredded or driven out of business. Good Luck and remember that this is a risk. The market will determine the outcome of this once we become a reporting company.
Joined: 22 May 2004 Posts: 974 Location: Attleboro, MA
singerjmb wrote: stav64 wrote: it will happen when other entities involved in the process complete their portions of the paperwork.
Please explain further.
I think what he is referring to is that fact that we are now intertwined with USCA, GEMM, SGGM, Nevada Minerals, and CIM. We need their financial statements and valuations in order to complete our own. They will need to perform audits and provide accounting to CMKX before our statements can be called complete.
The other entities I suggested are the auditing people involved. ie, The accountants and RG's office. You guys read way too far into what is said. Also when I asked in regards to why things aren't PR'ed I received a simple answer, something to the effect of " not only does our shareholders know but then the enemies will know". Makes sense to me.
To Realest......nope!
To Siggy.....No that's not what I was saying....Just as I stated. When the other entities audit are completed (ie: The accountants and RG's office)
Also I did ask as to the 75B shares that were retired (yes retired) to the treasury. I respectfully apologize to the person that had posted it and I questioned the use of the term retired back when it happened.
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