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Re: MWM post# 1286

Monday, 03/14/2011 12:20:50 PM

Monday, March 14, 2011 12:20:50 PM

Post# of 5489
Nice list of horrible things isn't it.

This Caveat Emptor notice has been there on the OTC/Pinksheets website for two years now. SLTA ran out of money at end of 2008 and could not raise any funding until $100,000 in 2010 which they used to buy the gold concentration plant from the titleholder. Read my overview of SLTA at the header of the board posts to get the full history.

The only reason they have Caveat Emptor is the lack of filings (and the Cease Trade Order in Canada which was also due to lack of filings there). This long list of nasty other reasons a stock might get this designation is there to put the fear of god into everyone. I think it's irresponsible of the OTC/Pinksheet site to do that, but there it is.

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