GOLDEN PHOENIX MINERALS (GPXM)

[dshmd50]

another case of "fine print" somewhere in the 'Operating Agreement'

http://www.sec.gov/Archives/edgar/data/1042784/000100127710000014/form8-k.htm

I have looked everywhere in the above Form 8-K filed on March 10, 2010 by Golden Phoenix Minerals and nowhere do I see a Section 9.4 of the 'Operating Agreement' filing.Perhaps the "material obligation(s)" were written on a napkin and could not be scanned into the SEC filing on that date.

"At the closing, Golden Phoenix received US $3.75-million in cash from Scorpio Gold, net of advances made to date, plus an aggregate of 7,824,750 common shares of Scorpio Gold capital stock"

Leadership's latest assault on Scorpio Gold is ridiculous,laughable and again shows its desperation. Is Maximilian Investors now our only hope?

Anyway, do you think Golden Phoenix will be using its own share capital or the above 7,824,759 Scorpio shares, if it still remains, to pay for its legal representation? LOL. For that matter, what shares would you as shareholders want if you were providing services?

My suggestion - a marriage counsellor, perhaps Dr.Ruth W. is available.

DSH