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Re: Terin post# 336

Saturday, 03/29/2014 11:49:13 AM

Saturday, March 29, 2014 11:49:13 AM

Post# of 770
the question of course is what is the plan thereafter? doin a bit of study, their sharestructure is pretty modest at these pps, even fully diluted based on a/s would be modest... in this market, given the volumes we're seeing nowadays.. last financials I looked at showed:

Common stock, $0.001 par value, 300,000,000 shares authorized;
\
101,646,147 and 72,510,225 issued and outstanding as of
September 30, 2013 and December 31, 2012, respectively


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9611318

I did see several small convertibles for the 9mos ended 9/30/13 but what I could find looked like a total at that time of around 30m which again, these days isn't much. volume friday was already about half that. question is, have they gotten something new going since it would appear the former website is dead. or what would the reason be for getting current otherwise? hopefully they have their eyes open and they see lots of the opportunities other inactive minerals OTC companies are shifting to. if this one is getting cleaned up it doesn't look like it would take a whole lot to do so, based on past info as far as I can tell. depending of course on whatever current info may show eventually. but even fully diluted at 300m this is a lot smaller than most. best case scenario, hopefully they have plenty of those shares remaining for some kind of new acquisition. since the last financials only showed roughly 30m dilution for the 9 months previous to 9/30 my pure guess would be they do. so who knows. right now another otc shot in the dark where something seems it might be up, but we have to wait to find out more info.

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