You want me to provide links? Fine I will - but don't you dare reply unless you have some meaningful links (not propaganda) to contradict those that I provide.
"From 1998 until present, Mr. Naughty has worked with both public and private mining companies aiding them in investor awareness and securing both public and private financings."
What does Mr. Naughty do? Calls friends at Alex Consulting, hires them for an "investor awareness" campaign. Then gets company to raise authorized number of shares to 500 million. "Secure public financings"? Wouldn't that mean getting money from the public? Hmmmm - raise authorized shares to 500 million, get public financing? What do they do next? Hmmm - I can't figure that one out.
Oh - right, 500 million authorized shares is an "alleged" fact.
"In March 2007 the Company pursuant to the approval of its shareholders holding the majority of its issued and outstanding shares as of February 20, 2006, increased its authorized common stock from 69,000,000 shares to 500,000,000 shares."
Going concern statement - which our resident expert claims is true for every company like this. Please provide links to other company SEC filings who make it so bluntly clear.
"As reflected in the accompanying financial statements, the Company is in the exploration stage with no operations and has a negative cash flow from operations of $134,904 from inception and an accumulated deficit during the exploration stages of $152,985 from inception. This raises serious substantial doubt about its ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to raise additional capital and implement its business plan. These financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern."
"We have not attained profitable operations and will require additional funding in order to cover the anticipated professional fees and general administrative expenses and to proceed with the anticipated investigation to identify and purchase new mineral properties worthy of exploration or any other business opportunities that may become available to us. We anticipate that additional funding will be required in the form of equity financing from the sale of our common stock. However, we cannot provide investors with any assurance that we will be able to raise sufficient funding from the sale of our common stock to fund the purchase and the development of any future projects. We believe that debt financing will not be an alternative for funding future corporate programs. We do not have any arrangements in place for any future equity financings."
grnsurfer - do you see that bold statement? SALE OF OUR COMMON STOCK - they are telling you. My post which you referred to as "alleged" facts are indeed entirely facts.
The entire story is now laid out for all to see: 1. Hire CEO to raise investor awareness and raise money 2. Raise authorized share count to 500 million. 3. Hire stock promoters to pump up the stock.
Hmmmm - what's the next step...oh yeah... 4. SELL NEW SHARES TO THE PUBLIC TO RAISE MONEY
Anyone looking to respond - please provide your own links to provide counterpoints or they are nothing more than BS.
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