Original Perspective from a freethinker !
I took this straight from the JUNE 16th PR ...
"The Company is delighted to have grown rapidly into a very substantial owner of Gold Mining & Exploration properties; particularly given the extremely positive outlook and forecasts for the price of Gold.
Company's Gold Mining assets now increased in size in excess of 1,000%
The Company has now, in the opinion of its Management, achieved the critical mass required to expedite its financing plans for the funding of an aggressive exploration policy.
The purchase consideration was settled through the issue of restricted shares of the Common Stock
...so it seems quite obvious that they were actually working very hard to make this asset roster happen...Actually this management has not been given enough credit for this 1000% increase because this announcment came pretty much after the pps took its dive from march to april start and ended low in june...Then, when all this good news was coming out, 1st an investment group tried to take control, and now an equity group is trying to take control....Do you see the potential here$$$$
And this actually clarified why one of the main reasons why the pps even took a nose dive....like I explained in another posting, they released up to 300 billion restricted shares during the months the pps declined rapidly...THIS was before confirmed new like this posting was released...so the market reacted to the massive amount of shares like a dilution occuring, BUT in fact, the last line I provided above clarifies that "The purchase consideration was settled through the issue of restricted shares of the Common Stock", which reveals where those restricted 300 billion shares went...IT WAS TO AQUIRE ALL THOSE HIGH PROFILE ASSETS...The assets are REAL, they have history of gold return...THEY ARE HISTORIC! This is not as comlicated to figure out as every scam supporter is trying to make it....Old management screwing things up with a RS in the winter....Players change...company tries to rectify things...they begin undertaking a MASSIVE aquisition plan to get strong mining assets from various parties...They have to pay with something...so the pay with Restricted shares...the announce the release of shares...they make a fooling divis solution...people freak out screaming dilution, scam...meanwhile, pps drops...management freaks, and starts firing up PR about their aquisition plans before they had time to fool proof everything...they rush things because they are trying to save the pps from tanking...nothing works...BUT some investment group sharks see the wounded 'dear' and decide to take over...Then, another player comes along, who has been planning is own agenda of taking these assets, and company because he knows of their worth and knows how weak 'the company currently is...In comes his troops, sharks, friends, and the rest is history...new equity owner places bid...management does not bite...Equity owner gets aggressive...starts approaching shareholders...gets 31%, but still needs 20%...some investors dont bite it, and so bid goes up...management still does not bite...there is only so much the the equity owner can do to scare management because it will be hard to shake the tree from the rest of the restricted shareholders (as they want the real value ---these restricted holders also are the samee ppl that the restricted shares were given to in exchange for their GOLD MINING ASSETS...why would they sell even for 3 cents? They are NOT the tom and dick investor like us, they are big timers and 3 cents to them is chump change...ok...back to my story....at the same time, the equity groups buddy, who was an insiders of the company, and who has a large holding in the company knows what his buddy is made up and decides to keep buying open market shares of the company...HE is thinking about cashing in big time over the take over and gaining massive credibility for his company and shareholders value. The equity owner gets an idea to load up troops with 50 million dollars to start buying up the company when he give to go signal...BUT he decides to give it to his loyal and long term buddy (adds stipulatons since he cant just go around handing 50 million dollar without folling the rules)and his buddy gets to look like a hero in front of his shareholders too so they both win...Now, the company is ripe for the taking...Of course when this happens, the entire OS sxr or most of it will be held by the new equity group, so they can cancel as many shares as they wish and have the pps adjusted to whatever they want via sharesxr change...heck they can even strip all the assets and liquidate everything...but wait a minute...its not THEIRS UNTIL they mine and PROVE that their is gold in those mountains...Oh yea, it is leased until the drilling....hmmmm? so where do I and other investor fit in...We get to enjoy the fight and the ride up...oh yea,,,wait till the 51% ownership happens and the equity give the go ahead for their buddy to start using the cold 50 mill given for buying up shares...KABOOM...we learn to fly and enjoy the ride...Will we all stick around when its over..it doesnt matter cause they likey dont want the investors in the play...that is prob why there is a 50 mill clean up crew to catch the dropping shares on the way up...in the end we have a fun ride up and make GOOD MONEY, but they, the insiders take this to the end, dig the gold and make A sh..t LOAD OF MONEY...this is just my creative opinion of course, and it is one of the many possibilites that could happen..I just wanted to throw it out there for everyone to chew on as I am starting to realize I have a very different perspective on things...Prob because I dont usually deal with pink sheet and usu invest in bigger companies, and real-estate, so have a very different angle on investing...I see this as a very strong possibility of materializing and have vested the time to express myself and share my thought because this will be my second to last big play of of the summer, untill fall is over, and wanted to take in the good karma by sharing...usu I am not so generous so ya betta appreciate it ;-) Feedback? Comments? Cheers to all! Enjoy the play... Preet 'daddy' D will be signing off the board cause he needs to get in play mode and a board the board is much to cluttered....I will be stepping in now and then to keep good old OVERACHIEVER reminded of my challange and keep em in check...my guess is that he will eventually withdraw his position after tonight, but some ppl can be quite difficult, so I wouldnt count on it :)
Preet
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