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Tuesday, November 08, 2011 2:18:20 PM
D) RE: there is a lot of information that I for the life of me cannot see them meet... that will be required <---Again, you don't know what they will want. But, put ANWM into perspective ... this was not an alleged thriving company doing questionable business for long term (where much of these sec suspensions route from). It was clearly disclosed as a public shell. There's not too much background to provide for a "public shell" stock now is there? There may be terms in the acquisition, that finra looks for, but again - there's that delinquent 10K from parent company MedLink that is grossly overdue. If there is question on future business isn't that all going to be clearly covered if anwm is fully reporting? I'll answer for you, YES
Ahhh, let's break this down because contrary to your belief it is no secret what they want.
Again, you don't know what they will want. But, put ANWM into perspective ... this was not an alleged thriving company doing questionable business for long term
This is a non-operational business recently taken over by SCG and Ken Ash who inserted his nephew into the CEO position which begs the question, who is really in control here? And, FINRA is looking for something that suggests this company is a viable business. A financial filing will make them current as far as information goes but it will also show that the company has no assets, no operations, 1 employee, a questionable group controling the voting rights and the biggest red flag of all, attempting to venture into junior mining without any experience or qualified people standing behind it.
In other words, what benefit is there to allow them off the greys? Junior mining is perhaps the most widely manipulated sector in the penny market as results that are decades old are often used as some kind of bait, few, if any ever amount to anything and you will likely never see any minerals sold for revenues. So, again, FINRA is looking for a benefit to shareholders such as a viable business plan and something that would guarantee accuracy in iunformation going forward.
What do you see here that would qualify? FINRA won't allow it to move forward if the A/S is 2 billion and there is nothing concrete here to suggest that the issuance of those shares would benefit anybody but those insiders who control this company. ANWM has no equip to mine with, no competent mining personell, no qualified management, no capital and no way to fund this outside of promotion and share issuances. Hardly what FINRA looks for when determining if this company is viable enough to emerge and implement a workable business plan.
I say not likely at all based on what is known.
there's that delinquent 10K from parent company MedLink that is grossly overdue.
ANWM is not a reporting company so who really cares about MedLink's missing filings? ANWM has no reporting requirements and they do not need MedLink in order to present current info to FINRA. Each and every public company is required to keep accurate books on record. You can go ahead and check with the Nevada SOS on that issue as well. So, forget MedLink as ANWM is its own entity and therefore required to have accurate books and business records.
E) I agree, this is not "IR chat," so let's no dive into the unrelated stock that has no connection with anwm.
An IR's previous record is certainly on-topic as the past can be utilized to show a pattern of success or failure as well as the quality of the job that is done and also the quality of the companies represented. IHUB will confirm that if you PM Admin and ask.
I think the fact that you see 5 months pass between suspension and today and still nothing concrete has been released, no corrections to inaccurate statements have been released and no verifiable info is available should show you that this was little more than a house of cards from day 1. Looks like an organized group that first claimed FLD(which is illegal if you didn't know) and then claimed R/M got in a little too far over their heads and attracted the wrong kind of attention.
Call it a learning curve maybe? The "what not to do" if you are trying to wrestle control of a empty shell and make believe you are going to transform it into a junior mining company? That's how I see it. Again, you can see it however you like. That's the beauty here. Both sides can air their opinions and discuss them all day long because the company is doing nothing to put any of these issues to rest.
Ahhh, let's break this down because contrary to your belief it is no secret what they want.
Again, you don't know what they will want. But, put ANWM into perspective ... this was not an alleged thriving company doing questionable business for long term
This is a non-operational business recently taken over by SCG and Ken Ash who inserted his nephew into the CEO position which begs the question, who is really in control here? And, FINRA is looking for something that suggests this company is a viable business. A financial filing will make them current as far as information goes but it will also show that the company has no assets, no operations, 1 employee, a questionable group controling the voting rights and the biggest red flag of all, attempting to venture into junior mining without any experience or qualified people standing behind it.
In other words, what benefit is there to allow them off the greys? Junior mining is perhaps the most widely manipulated sector in the penny market as results that are decades old are often used as some kind of bait, few, if any ever amount to anything and you will likely never see any minerals sold for revenues. So, again, FINRA is looking for a benefit to shareholders such as a viable business plan and something that would guarantee accuracy in iunformation going forward.
What do you see here that would qualify? FINRA won't allow it to move forward if the A/S is 2 billion and there is nothing concrete here to suggest that the issuance of those shares would benefit anybody but those insiders who control this company. ANWM has no equip to mine with, no competent mining personell, no qualified management, no capital and no way to fund this outside of promotion and share issuances. Hardly what FINRA looks for when determining if this company is viable enough to emerge and implement a workable business plan.
I say not likely at all based on what is known.
there's that delinquent 10K from parent company MedLink that is grossly overdue.
ANWM is not a reporting company so who really cares about MedLink's missing filings? ANWM has no reporting requirements and they do not need MedLink in order to present current info to FINRA. Each and every public company is required to keep accurate books on record. You can go ahead and check with the Nevada SOS on that issue as well. So, forget MedLink as ANWM is its own entity and therefore required to have accurate books and business records.
E) I agree, this is not "IR chat," so let's no dive into the unrelated stock that has no connection with anwm.
An IR's previous record is certainly on-topic as the past can be utilized to show a pattern of success or failure as well as the quality of the job that is done and also the quality of the companies represented. IHUB will confirm that if you PM Admin and ask.
I think the fact that you see 5 months pass between suspension and today and still nothing concrete has been released, no corrections to inaccurate statements have been released and no verifiable info is available should show you that this was little more than a house of cards from day 1. Looks like an organized group that first claimed FLD(which is illegal if you didn't know) and then claimed R/M got in a little too far over their heads and attracted the wrong kind of attention.
Call it a learning curve maybe? The "what not to do" if you are trying to wrestle control of a empty shell and make believe you are going to transform it into a junior mining company? That's how I see it. Again, you can see it however you like. That's the beauty here. Both sides can air their opinions and discuss them all day long because the company is doing nothing to put any of these issues to rest.
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