Matchaah Holdings Inc. (MCHA)

[lmcat]

We still don't have the facts on the GEAR/WSRA deal. There are so many companies and people that own WSRA or owned WSRA stock it is far too complicated to determine who now owns what. Maybe they should publish a NOBO list.

On May 5, 2008 WSRA traded 56,555,166 shares for the Gold River mining properties along with $50,000 in cash.
(WSRA calculated the net value of the reserves, net of estimated production costs and discounted over the recovery period and to reflect uncertainties, to be $18,530,408.)

Don Adkins gets $90,000 a year as CFO for WSRA.

WSRA has notes totaling $1,266,250 due this year.

ITEM 14 – BENEFICIAL OWNERS of WSRA stock
No. of Shares Beneficially Owned

Don Jenkins 50,000,000
Michael Chaffee 28,502,000
Dennis Atkins 26,720,000

Counsel
Don Paradiso
5499 North Federal Highway, Suite D
Boca Raton. Florida 33487

Results of Operations
We generated losses from mining activities of $11,522,653 during the fiscal year ended December 31, 2010 including the sale of our Sun Gold and Treasure Gulch properties resulting in a loss of $10,811,737. Our operating costs and expenses totaled $96,323 resulting in a net loss from operations of $10,905,670. We had an
impairment of $615,679, interest income of $113 and interest expense of $1,417 resulting in a net loss of $11,522,653.

Management intends to raise all necessary capital through private financing, the sale of our securities and/or joint venture partnerships.

Waiting for the next quarterly/annual report.