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Thursday, February 24, 2011 3:36:06 PM
This from 11/29, some 3 months ago!
"... Pursuant to the Agreement, the Company will issue a total of 15,000,000 shares of common stock plus an additional payment of $250,000 in cash with $100,000 payable 90 days(which they are paying in stock, but how many shares?) from the closing of the Agreement and $150,000 payable 180 days from the closing of the Agreement. In addition, the Company has agreed to a minimum initial exploration work budget of $300,000 to commence no later than May 16, 2011. The Company has agreed to pay the Selling group a three (3%) royalty on any commercial producing mineral deposit..."
This is why the pps is not moving, Jordan hasn't raised any dough yet imo.
disclosure: I still long and still holding, avg .054
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