Sunday, February 05, 2012 4:11:38 PM
Lots of sketch stuff with this company, once was a seller or reseller of domains and websites, turned to a mineral exploration company.. lol Just doing some reading and trying to figure stuff out.
Cant find any real dirt on the new CEO Michael Whitehead which also holds the title of CFO...(still looking, want to see if he as had any past history on being apart of pumps.)
As of April 30, 2011, the Issuer had 5,630,000 Shares of
Common Stock outstanding.
Stockholders' equity:
Common stock; authorized 75,000,000
http://www.toroninc.com/img/pdf/TRON-20110615-10Q-20110430.pdf
I could be reading this wrong, but what a big difference in numbers from the statement above and the statement below. So I read the A/S being 75mil, the statement below reads 187+mill in O/S...hmmm
Then I see this:
TRON Security Details
Share Structure
Market Value1 $40,994,610 a/o Feb 03, 2012
Shares Outstanding 187,190,000 a/o Dec 20, 2011
http://www.otcmarkets.com/stock/TRON/company-info
TRON TA:
Holladay Stock Transfer
Transfer Agent
2939 N. 67th Place
Scottsdale, AZ, 85251
480-481-3940
Would be nice to find an e-mail to contact them to find out the current share structure.
NOTE 4 – STOCKHOLDERS’ EQUITY
During January and February 2010 the Company received $55,600 for common stock subscriptions
and in April 2010, 5,630,000 shares were issued for these stock subscriptions. 3,000,000 of these
shares were subscribed for by the sole officer and president of the Company at $.001 per share. The
remaining 2,630,000 shares were subscribed for by third parties at $.02 per share.
NOTE 5 – GOING CONCERN
"Management's plans for the continuation of the Company as a going concern include financing the
Company's operations through issuance of its common stock."
http://www.toroninc.com/index.html
http://www.toroninc.com/img/pdf/TRON-20110615-10Q-20110430.pdf
Its latest PR:
http://finance.yahoo.com/news/Toron-Inc-pleased-announce-prnews-3446340276.html?x=0
Toron Inc. (OTCBB:TRON.OB - News)- (The Company) is pleased to announce that on January 25, it signed an agreement to acquire an additional 193 claims with an area of 25,730 acres which are adjacent to our 62 claims in the Tiblemont Gold Property Region for total consideration $40,000 and 8,500,000 shares of the company's common stock.
The chart, and the increasing volume tells a lot.. I also have been watching AABA on the bid accumulating shares the past few days as well..
All this IMO of Course :)
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