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Re: Funaboard post# 16120

Wednesday, 06/19/2013 4:14:02 PM

Wednesday, June 19, 2013 4:14:02 PM

Post# of 31338
I can See the Grey Party Ribbons Flying :)

Others Call them Red Flags
Problem with Grey,,,Stays Grey

Sweeney Knows the Drill
SEC already posting Warnings/disclaimers on the website

Mr. Paul J. Sweeney is Independent Director at Global Resource Corp

Quote:
http://www.sec.gov/litigation/suspensions/2011/34-64612-o.pdf

8. Global Resource Corporation is a Nevada corporation based in North Carolina. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations and the adequacy of publicly available information about the company.


Just the last PR and 6mo sounds like that
Then come the BVIG SEC thing

BVIG lies through out the S1 process
Then the SEC make the Put this disclaimer on their website

Quote:
Cautionary Note to U.S. Investors -- Information Concerning Preparation of Resource Estimates
Information on this web site has not been prepared and disclosed in accordance with the requirements of the securities laws in effect in the United States.
The information contained on this web site differs significantly from the requirements of Industry Guide 7 promulgated by the United States Securities and Exchange Commission ("SEC") under the United States Securities Act of 1933, as amended, and resource and reserve information contained herein may not be comparable to similar information disclosed by U.S. companies. In particular, and without limiting the generality of the foregoing, the term "resource" does not equate to the term "reserves". Under U.S. standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. The SEC's disclosure standards under Industry Guide 7 do not define the terms and normally do not permit the inclusion of information concerning "inferred resources" or other descriptions of the amount of mineralization in mineral deposits that do not constitute "reserves" by U.S. standards in documents filed with the SEC. U.S. Investors should also understand that "inferred resources" have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an "inferred resource" will ever be upgraded to a higher category. Investors are cautioned not to assume that all or any part of an "inferred resource" exists or is economically or legally mineable.
Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.





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