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Up In Smoke

06/19/14 2:00 AM

#62286 RE: carusso #62283

SFMI does not respond to share holder pressure of any kind
In April 2012 I began pointing out All ythe Material Misrepresentation they had been making in their filings regarding claim ownership in SFMI and GHDC
Also the lies they were telling regarding MSHA,drilling etc.
Lies told about the circumstance of Roger Scammell resignation
Inconsistensies about Revenues and recovery rates (going from 85% to 15%)
It was met with Kaiser by excuses and more lies
Lies blaming Bill Earll for things such as failure to claim fees to the BLM which was clearly the office responsibility of PQ's Daughter Passcal Tutt who was in charge of Real Estate matters
Kaiser did nothing and PQ not only did nothing it clearly became worse and the lies even deeper
IMO there was never any intention of SFMI to be a Producing Mining company and with a Convicted Financial Fraud Felon Managing the Mill (Christian Quilliam) once the Gold and Silver production was exhausted and pocketed by PQ it became strictly a share Money Laundering for profit operation
IMO Millions off shore through 45 Convertible Notes based upon Small Loans by Bisell Investments and New Vision Financial
Where by Many times greater amounts of shares were issued for these loans
In addition the Company admitted to $18.5 Million i consulting share to many,many people unspecified and IMO a kick back scheme for the CEO
Along with $12.5 million in Compensation and Salaries
And very large perks such as very high Car lease payments for automobiles

Money taken from investors such as JJohn Fife and JMJ not returned later and still being settled in shares
Yes IMO P Q has fleeeced this company and is walking with 15-20 MILLION $$$ IMO
No oversight and No Accountabilty by a Complete Autocrat(PQ) with a Family board all designed to Enrich 4 People
Pierre,Denise,Christian and Pascal Quilliam Tutt
All the Evidence I have which btw is enormous leads me to Only One Conclusion and that is CRIME!!
As I See it!