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MONEYMADE

01/31/09 2:23 PM

#1882 RE: califax #1880

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01/31/09 8:01 PM

#1904 RE: califax #1880

lol CEO "can't provide O/S until auditors check"--all he has to do is contact the TA, a simple phone call--talk about obfuscation
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nmbr1stckpckr

01/31/09 8:56 PM

#1907 RE: califax #1880

AS is 950,000,000 SHARES, not $950m.

OS is in question. Per latest Ammendment 2 filing for Form S-1, it is 309M+ shares. Again, unaudited.

Effective 1-26-09, Tangiers was able to sell 47.5M+ shares with cost basis of $0.0027. With the huge volume, I think its safe to say, its been gobbled up and Tangiers made a crapola load of money.

In the Ammendment 2 filing, there is a breakdown of who owns the 309M shares. I haven't gone back too far in the comapanies historical filings to determine what kind of toxic debentures there might be....anyone care to fill me in? If there aren't any, then I would be VERY disinclined to believe that the actual OS is very far from the unaudited reporting.

Plus, again, blue shield threw $150k to pick up shares at approx. $.01. I don't think they would've done that if there was something fishy going on. *knock on wood*