Mustang Alliances, Inc. (fka MSTG)

[Peggy]

The Company has not yet generated revenues from planned principal operations and is considered an exploration stage company. The Company originally intended to market and sell anti-lock braking systems produced in China to the auto parts and auto manufacturing market in the United States. The Company has since abandoned its business plan and was seeking an operating company with which to merge or acquire. Currently, we are no longer a blank check company as we have a specific business plan. We are an exploration-stage mining company and as a result of the execution and delivery of the lease agreements, we are now in the business of exploring mineral properties. There is no assurance, however, that the Company will achieve its objectives or goals.

The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in The United States of America and the rules and regulations of the Securities and Exchange Commission for interim financial information. Accordingly, they do not include all the information necessary for a comprehensive presentation of financial position and results of operations.

Extract from the most recent filing.

So, let me get this straight. Company was allegedly in the anti-lock brake business in China but couldn't make a go of it. Well, they said, we are unable to make a buck selling ABS components in China so ... well, we will start mining gold in Honduras. That's almost the same thing isn't it. Of course, they don't have a clue what they are doing but that doesn't matter. All the major gold companies somehow did not know about the mother lode we found.

Right! URL below summarizes what is going on here.

http://www.xtranormal.com/watch/12943369/buy-the-dips-and-load-the-boat-before-you-miss-the-bus