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Re: Art Vandeley post# 92832

Monday, 01/21/2013 11:46:01 AM

Monday, January 21, 2013 11:46:01 AM

Post# of 129054
It's on page 6 BTW... and you conveniently left out the next paragraph...

On February 22, 2012, the Company entered into a Repurchase Agreement (Repurchase Agreement) with Old West, Molina and the Bogat Trust. As a part of the Repurchase Agreement, the Company transferred all of the aforementioned assets back to Old West in exchange for Old West returning the shares which the Company issued to it as part of the original Asset Purchase Agreement. A complete copy of the Repurchase Agreement was attached as an exhibit to a Current Report on Form 8-K on or about March 5, 2012 and the effect of the Repurchase Agreement was to make the initial agreement null and void Ab Initio.



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