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Re: diamondguru-one post# 185372

Wednesday, 10/19/2011 7:54:12 PM

Wednesday, October 19, 2011 7:54:12 PM

Post# of 221875
You "Don't" invest this kind of LOOT just to break even !!!! Not a CHANCE!!!!

DATE NO. OF SHARES ACQUIRED PRICE PER SHARE

June 28, 2010 17,645,966,686 US$0.0035
--DiamondGuru

Read more closely:

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

The source of the consideration used to purchase the Common Stock on June 29, 2010 was issuance of notes of the Reporting Person.


(c) Within the last seven days, the Reporting Person, made the following acquisitions of the Common Stock in privately negotiated transactions at the prices indicated:


DATE NO. OF SHARES ACQUIRED PRICE PER SHARE

June 28, 2010 17,645,966,686 US$0.0035


What loot???? "issuance of notes" what are those notes??? cash??? probably not... "privately negotiated transactions" no where is the word "cash" used or used in the context of actual cash. I don't know what was "exchanged" in those "privately negotiated transactions," but, I doubt it was cash. If Ronald and friends had $60 million in cash laying around, I believe the mines would be owned, we would have a cash buyer for the mines and I would have a dividend in cash in my brokerage account.

Read the form13d more carefully.....
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