Replies to post #32987 on Newlead Holdings Ltd. (fka NEWLF)

[ofspring]

As my investment a 20f is out... I need more time to break it down and read it in detail... I sugest anyone the same, emotions and repeated posts dont do squat for me...

[jimw2]

The biggest LOL in the 20f

''Our coal will be transported, if and when the mining operations start''

NEWL SCAM Phrases= if,when,expected,intend to,MEANS NOT HAPPENING.

''Our mining operations are currently limited or non-existent. However, even any limited operations are capital intensive due to construction of new infrastructure and maintenance of existing operations. Specifically, the exploration, permitting and development of coal reserves, mining costs, the maintenance of machinery and equipment and compliance with applicable laws and regulations requires substantial capital expenditures. We cannot assure you that we will be able to successfully manage our limited operations or that we will be able to generate sufficient production levels or generate sufficient cash flow to fund future mining operations. We do not currently have access to sufficient financing to fully fund our proposed production, exploration, permitting and development activities and we may be required to defer all or a portion of our future capital expenditures.''