Tara Gold Resources (fka TRGD)

[LaoTsu]

Just filed: (I urge all shareholders to file a complaint too!! I realize that my complaint might not be the best... but help us out here and file your own!)

https://tts.sec.gov/oiea/Complaint.html


I am requesting a full investigation of this company Tara Gold Resources (TRGD) and their sister company Tara Minerals TARM. I have tried to contact Rich Biscan, President and David barefoot, Investor relations/CFO and they have never returned any calls or emails. the stock TRGD was halted for trading due to, I understand, failure of the management to file the necessary financial reports. This halt was a LONG time ago (years) and the company never advised the shareholders of the status or ANY info on what they are doing to get the stock trading again... Since the company TRGD owns a significant percentage of the "sister" company TARM, which IS still trading... there is value in the TRGD ownership... yet the management team is ignoring Tara Gold... and the funds invested are not accessible or tradable. The company at one time promised that a dividend would be made, and there WAS in fact a distribution of stock... but that was for a small percentage of the ownership that TRGD holds in TARM. No further distributions were made as promised... and no word from management was given for reasons why the distributions were halted and then apparently forgotten...

Company management of both TARM and TRGD have not held annual meetings and refuse to respond to inquiries by shareholders such as myself... we do not have any opportunity to voice complaints in a public forum... or to attempt to vote out the management for malfeasance. Significant funds were obtained in an option deal with Yamana Gold, where these funds disappeared to is anyone's guess... recently, the company purchased a series of mining claims, making wild promises of high gold content drilling samples... a larger sample was taken and submitted for assay months ago... the company refuses to inform the shareholders of the results.... further, another option agreement.profit sharing deal was signed several months ago and the company again refuses to inform shareholders of the status of that or any deal or corporate plans.

I believe that at a minimum management has shown gross malfeasance in their responsibilities to shareholders... and I request that all salaries and bonuses be looked into for the purpose of determining if the management is fleecing the company for personal illegal gains. Are shareholder reports and meetings and voting on management not required??

Any help will be appreciated...


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