Barker Minerals Ltd (BML)

[marcos]

I'm glad to see you're ok with the idea, EC is too apparently - #reply-18430792 ... if a little queasy -g- ... he does bring up a point - what would Louis Doyle think of this? .... well if anybody serious objects we can get things changed around here in a hurry ... really i can't see how we're stepping on any toes outside those of the wetcoast whorehouses, pieces of dung be upon them

The whole subject, of how companies get to the stage where they appear as tickers on exchanges, is quite fascinating isn't it ... there are stories that can turn any stomach, eh, you've been around and seen a few .... a fundamental divergence of interests lies between the genuine entrepreneur and those who would purport to take him public in the style to which he deserves to become accustomed ... Louis Doyle is clearly worthy of respect for skirting this obstacle course, so far, and it's not over yet, Barker is not quite off and running, looks like it will be soon though ..... here's the post from EC that inspired the combination, btw -

' Without 600K seed capital, even in a hot market you will not get a VC deal. If they put in the seed capital, they will own your company and control it. This means they can and probably will fire you within 6 months. It has happened to friends of mine who floated companies. It gets taken over the sharks who are just hanging around looking for properties to do major or minor transactions. You have to have control. That is why I am seeking a seed group who will retain majority. Otherwise you might as well shoot yourself in the f----ing head.

That is why Louis Doyle went and got his own 300 shareholders, and also why the exchange did not want to list him and also why his stock gets trashed.. that and he knows nothing about stock support.

I look for private people to get in on it and pool their stock. It should work as it is a small pre-producer. If we let people sell out on the market, then our stock will dive and we will never do a secondary. If we want a price, we have to lock ALL the stock for one year. And the brokers will like us better that way. That is also why Doyle cannot maintain a price, is because he has 300 people with free trading stock and no broker wants to eat all that paper. If he had pooling agreements he could keep the stock at a price where he could raise money. The same thing happened to Ernie Harrison with his Potter thing in Ontario. All his big time holders dumped at 2 bucks and the stock went to 15 cents, with drill holes and the whole nine yards.

After we are in production we can free up the stock and let it out into a real market. To bank on a smoke and mirrors explo play will get us no beleivability at all.

There is no primary really. There is seed people and a broker with suckers. If we can find one who will play and does not want to own 60% of the company.

EC<:-} ' - #reply-18425013