Futuris Company (FTRS)

[exlud]

EVXA was supposedly in the business of oil remediation. All that ever really amounted to, as far as I can tell, was some vague PRs about testing. They claimed to need funding, sold piles of shares, did the reverse split, and went totally silent. People were waiting for at least two weeks to receive post split shares while EVXA did not respond to repeated calls and emails from investors.
Now EVXA is allegedly in the mining business. Their "new" partner is WSRA, basically the same people as EVXA. WRSA claims to own mining property valued at 20+ million. They have held this property for over two years now, but they seem to have nothing to show for it but more NOLs.
The only conclusion I can draw from all of this is that the main focus of both EVXA and WSRA is promotion themselves and selling shares. I see no evidence (aside from a few pretty pictures) that these guys even own mining equipment or would know what to do with it if they did.