Raptor Resources Holdings,Inc. (fka RRHI)

[pitboss22]

I never said that you said, "...TAG (Z) was wholly owned or controlled by LLSR". I don't know where you got that idea.

Now that we have established that LLSR has only a minority interest in TAG-Z, we can begin to dig for the facts. You say that LLSR has a 49% interest but I think you are making an unwarranted assumption. The Zimbabwe Indigenization and Economic Empowerment Act requires the business be AT LEAST 51% indigenous owned but there is no reason it can't be 99% indigenous.

As I have said, I have seen no written revenue sharing agreement between TAG-Z and LLSR. It appears that LLSR could be on the hook for all the expenses but only a very small portion of any profit (if any).

"Secret" sources abound in these scams. RPTN had ChangeWave and Tobin Smith, later Josh Levin among others, pounding the table and calling it a "screaming buy" up to $2.50 all the way down to pennyland. Frankly, I can't believe why anyone would pay these hucksters money for their pumps, but they do.

It's not that I dislike Zimbabwe so much as there is no transparency in this particular deal. This thing is like an onion only the deeper you dig, the less you can see.

But speaking of Zimbabwe, did you know that this month, the "Mining Royalties" imposed by the Zimbabwe Revenue Authority increased to 10%? And that these "Royalties" are set as a percentage of gross production, regardless of profits? Zimbabwean law requires that all miners remit royalties to government.

LLSR's possible percentage just keeps getting smaller and smaller.

Like I said, "All in all, this seems like an ideal "hole" to make money magically disappear."