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Re: Stks_Not_Toys post# 2172

Sunday, 12/01/2013 7:43:06 PM

Sunday, December 01, 2013 7:43:06 PM

Post# of 4050

is United Milling an off-shoot of Noble Consolidated and United Resource Holdings?



Sort of. Noble was revoked by the SEC in March of this year. United Resource is a non-SEC reporting stinky pinky so their so-called "filings" are a complete joke. Like so many non-SEC reporting pink sheet companies, their "filings" (intentionally) omit important information that would be contained in SEC filings. So, we have to make some guesses based on what little factual information they do provide.

Supposedly, United Resource somehow acquired a majority (87%) interest in Noble in July 2012. They don't say from who they acquired the position, nor did they "file" any agreement. It is a mystery, which I am sure is exactly the way they want it.

They subsequently renamed Noble United Milling & Refining. No word on why they would want an SEC revoked company with very questionable assets, if any. United Resource purports to be a placer mining outfit (which is a HUGE Red flag - no legitimate public company would be involved in placer mining) in Nevada and as such would have no need for the "refining" assets that Noble claimed to have. It makes zero sense, based on the limited information they provide which is of questionable veracity, anyway.

It seems you are a minority shareholder, and since the stock has been revoked by the SEC, it is unlikely you will ever be able to monetize your share position unless United Resource decides to acquire your shares, which seems unlikely.

This does not smell right.

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