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Re: modrica post# 33371

Tuesday, 12/13/2011 7:32:39 PM

Tuesday, December 13, 2011 7:32:39 PM

Post# of 67010
So, let's see. "Milking" this stock has required CGFIA to put up over $600,000 in cash as a bond and licensing to the DRMS alone. Guyer have been getting paid in stock and cashing out a whopping $65,000 (on average) per year in "milk money". (And that has only been for the last 2 1/2 years.) This year he has not been paid at all.
9+ years of potential "milking cash" that is to be forfeited if the DRMS deems the mill area cleanup incomplete.
That is just the DRMS accounting.

Something is wrong with your hypothesis, modrica.
Smoke screens are not that expensive to fabricate, and the declining PPS is certainly not bringing any truck loads of cash to their door for them to "milk". Even figuring the increase in the O/S, there is no pile of cash to skim from. The cash value of their personal stock is on the same ride as ours.
Where is all this cash they are supposed to be harvesting?

Guyer has made and forgiven loans to the corporation. The corporate office space is donated to the company by Guyer. There are no company cars being rented, or condos being paid for, or even expense accounts showing on the corporate statements.
Wow! How can you come up with a claim that this is a source of "milking" by the officers other than by wild speculation?
You have made an accusation, but you can't produce a modicum of evidence to support that opinion; only more unfounded speculation. All you offer is that they have been good at "fabricating a plausible" story.

Logic and evidence says it is much more likely a legitimate operation.
If this is a con game, then these are the worst con artists in the last century.

Please show us how you figure this to be a "cash cow" set up for milking.
TIA

Don't take my word for it, Do your own research! Then you will know it's true!

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