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Post# of 15403
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49erminer1

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49erminer1

Re: VIPR post# 15034

Monday, 04/09/2012 9:22:44 PM

Monday, April 09, 2012 9:22:44 PM

Post# of 15403
We are waiting for the outcome of the SEC investigation. The SEC is the final authority on any stock held by Mark Klok and other "insiders".

The new management inherited a real mess. Here is what is being done to solve the problems:
1. The equipment in Mexico is being sold.
2. Alto is negotiating to purchase control of a small operating gold mine on the Island of Mindanao, using the funds from the sale of the equipment.
3. Alto will use the technical expertise and experience of its Directors to expand production at the mine, if successful in closing the deal.

The details regarding the mine and these negotiations are confidential and will be released to the public via Alto's web site, when the time is right, and in conformance with SEC regulations.
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