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Saturday, January 01, 2011 10:43:10 PM
we are in a much better place now, cutting the 'fat or dead weight' away -- still keeping with the drilling of minerals , but gas was not cutting it. they do have 24M in rev's though, so its a beginning for this ticker
http://finance.yahoo.com/news/Plateau-Mineral-Announces-New-iw-3394175468.html?x=0&.v=1
FORT WALTON BEACH, FL--(Marketwire - 12/14/10) - Plateau Mineral Development, Inc. (Pinksheets:PMDP - News) announced the adoption of a new business plan and complete replacement of current operations.
In the coming days, a new Board and Executive team will be announced, together with the Plateau Mineral's 2011 Business Plan. All current and unprofitable natural gas operations or opportunities are hereby divested. In their place the company has acquired various precious metal production, shipping, surety, and arbitrage operations. Current consolidated revenues of the combined operations exceed USD$24,000,000, are profitable, and have pro forma 2011 projections based on current executed contracts well in excess of this amount. Formal projections and revenue estimates will be released as part of the Company's regular disclosure.
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