Just MORE BS and LIES from the company!
This company is made of nothing but BS! The ONLY things this company has in abundance are LIES and EXCUSES! The following is just a PARTIAL list of the LIES told to investors by Alf and other management.
NOTE: There are quite a few more than these .....
On March 17, 2011, management issued a PR stating, "TAG will effectively move into economically viable mineral production in the very near term, the first mineral extraction being gold."
Result = NO gold production = LIE!
On April 26, 2011, management issued a PR stating, "TAG intends to commence mineral production within the next 3 months, the first mineral being gold."
Result = NO gold production = LIE!
On May 24, 2011, management issued a PR stating, "TAG intends to commence alluvial surface mining for its gold extraction activities, where the soil and ore bearing gold is very close to the surface, eliminating the need to dig deep into the earth."
Result = NO gold production = LIE!
On July 21, 2011, management issued a PR stating, "TAG Minerals Zimbabwe (Private) Limited, anticipates commencing its own organic alluvial surface gold mining operations in the near future"
Result = NO gold production = LIE!
On August 30, 2011, management issued a PR stating, "With the price of gold soaring to $1800 an ounce recently, we believe that the timing could not be better for TAG-Z to commence its own mining operations..."
Result = NO gold production = LIE!
On September 6, 2011, management issued a PR stating, "TAG Minerals Zimbabwe (Private) Limited (TAG-Z), is preparing to utilize a novel, low-cost method for extracting gold nuggets from near surface deposits..."
Result = NO gold production = LIE!
On November 17, 2011, management issued a PR stating, "Lantis Laser Inc. (OTCQB:LLSR), is pleased to announce today that its operating affiliate TAG Minerals Zimbabwe (Private) Limited (TAG-Z) is set to commence our own alluvial surface gold mining operations. TAG-Z's first purchase order for a state-of-the-art HPC-30 Gold Recovery System is being delivered to Harare, Zimbabwe the week of November 28th with full-scale commencement of mining for alluvial surface gold scheduled for the beginning of January, 2012."
Result = NO gold production = LIE!
On January 18, 2012, management issued a PR stating, "Other viable gold mining claims have recently been registered, pegged and staked for Lantis' operating affiliate TAG Minerals Zimbabwe (Private) Limited, which enables expansion of our organic alluvial surface gold mining operations as we enter into production this quarter."
Result = NO gold production = LIE!
On May 4, 2012, management issued a PR stating, "The company intends to fund Beta units geared towards achieving FDA approval with it's dental diagnostic OCT/NIR technologies that both document and detect the early stages of tooth decay and soft tissue diseases."
Result = NO funding for the Beta units and NO DENTAL TECH! = LIE!
On May 4, 2012, Alf, the CEO said, "Many new initiates[sic] are in motion as the company prepares to start shipping bulk barite in late 2012"
Late 2012 has come and gone. 2nd quarter 2014 is already here and time is passing.
Result = STILL NO BARITE SHIPPED!!!! = LIE!
On July 12, 2012, Alf, the CEO said, "we look forward to unfolding our story line as we anticipate beginning gold production this quarter and expect to begin barite shipments in the 1st quarter, 2013."
It seems the phrase, "unfolding our story line", is Alf speak for LYING TO INVESTORS! { 8^D
Result = NO gold production AND STILL NO BARITE SHIPPED!!!! = LIE!
In August of 2012, Alf, the CEO stated that barite production would "commence during the fourth quarter" of 2012, "with delivery beginning 1st quarter, 2013."
Result = STILL NO BARITE SHIPPED!!!! = LIE!
And now today's LIE that "revenue rose 32 percent to $3 million since acquiring another local mine, Derbyshire Quarry in March this year."
BULLSHIT! Raptor has NEVER produced ANY Revenue. They are also being disingenuous and misleading by NOT MENTIONING that Darbyshire's NET LOSS INCREASED BY 94%! From a LOSS of almost $1.5 MILLION to a LOSS of almost $3 MILLION!
They fail to mention that Darbyshire is nothing more than a MONEY LOSING MUD PIT, flooded much of the time. They are probably going to try to pull the wool over the eyes of naïve investors by selling off the stockpile of sand and gravel that they just "bought" so they can claim it as "Revenue".
Those are by no means all of the examples but I think they should be enough. Once or twice might be written off as "mistakes" but time after time after time after time, like that is just habitual lying.
NO WONDER NO ONE wants to buy this TURD!
ROTFLMAO!!!!
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