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Re: $b_rich$ post# 4351

Tuesday, 10/02/2012 10:20:38 AM

Tuesday, October 02, 2012 10:20:38 AM

Post# of 20128
There is nothing that states that a JV was signed between WSRA and GDSM to develop the Azurite mine.

Further the 40,000,000 Series E Preferred Convertible shares that GDSM gave to WSRA in 2009 are questionable as to their even being legal. GDSM was only authorized to issue 5,000,000 Series E shares. This can be verified by reading the Florida amendment filings.

Further, Marc filed on Aug. 16th to change the conversion rate from 1-1 to 15-1 and GDSM does not have sufficient A/S shares to cover the conversion of any of the Series E conversions.

Why do you think Paradiso is refusing to sign the attorney letter and GDSM continues to have the YIELD sign which which will become a STOP sign soon?