Thursday, December 16, 2010 9:28:14 PM
3. Review the common share count percentage held by affiliates and insiders. Currently Pan American Mineral Ventures, LLC., State of Nevada, is the largest shareholder controlling 1.75 billion common shares. (Huh? I thought that Pan American is Wholy owned subsidiary of CWRM) Both Pan American Mineral Ventures, LLC. and Panamerican Minerals Ventures, S.A. de C.V. Baja California, Mexico are CWRN affiliates (not subsidiaries), both companies are co-managed and controlled by Robert L. Cotton Jr. and Sharon Vazquez for and on behalf of Cotton & Western Mining, Inc. as trustees, pursuant to a corporate consent resolution and trustee contract by and between the parties. (WTF this means?)
By consent; the Directors of Pan Am LLC., U.S.A. shall retire by deleting a percentage of common shares now held as new common shares that are accumulated though the public market beginning in the later part of the first quarter of 2011 (Huh? WTF this means?)
It is either intent of the writer to make things convoluted (bad intentions) or his/her writing skills are quite low (???)
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