· To return Soltera to the NASDAQ Bulletin Board and prepare the way for listing on a major exchange.
· Funding requirement USD400k.
Soltera was reduced to the NASDAQ Pink sheets in October 2008 because the company accounts were filed late for three successive quarters due to administrative problems in Vancouver. A British Columbian Cease Trade Order was put in place in 2009 for the same reasons following the N.I 51.101 rules.
Soltera wishes to return to the Bulletin Board at the earliest possible time and then move to list on a more substantial stock market such as Toronto or AIM (London). The initial requirement is to file all outstanding accounts with the SEC.
The funding requirement of USD400k is required in order to cover the costs of accountants, auditors, lawyers and SEC fees, and also repay some advances made by the management to keep the company operating. 3. GOLD PRODUCTION
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