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Re: loanwolf post# 36261

Tuesday, 06/28/2011 11:23:25 AM

Tuesday, June 28, 2011 11:23:25 AM

Post# of 65657
About 1 year ago the O/S was 173,023,494 shares... The current O/S is headed to 400,000,000 swiftly via the usual insider payouts and new convertible debt agreement

Imagine if they invested all this $$$ into mining like legit companies and not put it in their pockets?

What other mining company pays their Investor Relations guy $X,XXX,XXX in compensation when the stock has lost 75% since the shareholder meeting?... This is excessively irresponsible, even for a penny stock!... but then again it is PQs buddy, right? Gotta take care of your own, i guess

$1,717,500 was spent on "Advice on debt and equity capital raising" and "Shareholder relations services" per pages 22 and 23 of this last quarterly report... http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7939071


My posting contains many opinions. So please do your own research and validation.

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