Obviously they can No longer remember what they are writing since they are blaming a 3rd Party/TA in a press release a month prior for the Stock Dividends for Moly not being able to issue a paydate and thus distribute in February 2009, HOWEVER we learn the real REASON is that the Company Failed to Complete Financials transactions prior to a transfer of deed. Let me give an example of WHY all FINANCIAL MATTERS ARE ALWAYS ratified in writing prior to a deed transfer. ie: Lets say you buy a home brand new Home in the kitchen, beautiful six burner state of the commerical grade oven, Deep freeze 6,500 dollar fridge and you say wow i really like this home and in the Listing it clearly states that the fridgerator and stove are in the sales price. You get your loan,. day of closing looks great, u do your walk thru head on over to the registrary to sign your documents, as soon a You leave your walkthru the Sellers cousin lets the Home Depot deleivery driver in with the 299.99 GE stove and a 339.00 Kenmore Fridge. Are You protected? No Your not, UNLESS in the Purchase and Sale it clearly states 6 burner XYZ stove with the serial # of the stove. I have seen SELLERS do this to buyers a dozen times over the past 10years and they have zero recourse. ZILCH.
The same can be said from the Sale of the Molygold. Advanced Discussion are to performed Prior to any closing EVERYTIME AT prior to a transfer of deed. NEVER HAVE ADVANCED DISCUSSIONS AFTER A SALE>>>OUR BEST INTERESTS ARE IN NO WAY BEST PROTECTED {AFTER} A TRANSFER OF DEED WHEN FINANCIALS HAVE NOT BEEN RATIFIED. ADVANCED DISCUSSIONS???
08/26/2008 @ 1:27PM The sale amount is US$620 million to be settled in shares of Common Stock of a USA quoted Company focussed exclusively on the business of Molybdenum.
NEW YORK, NY -- (Marketwire) -- 01/22/09 -- Hunt Gold Corporation (PINKSHEETS: HGLC) confirms that it has completed the sale of its "Molybdenum" interests held through its subsidiary company, American Molygold Corp. The sale amount is US$620 million to be settled in shares of Common Stock of a USA quoted Company focussed exclusively on the business of Molybdenum and on Rare Earths. This Company is being renamed at this time to that of Independence Strategic Minerals, Inc. http://ih.advfn.com/p.php?pid=nmona&cb=1237322886&article=35925992&symbol=NO%5EHGLC
01/30/2009 @ 12:46PM Stockholders will be advised on Thursday, February 5, 2009 as to the "Record Date" and "Pay Date" of this Stock Dividend. This distribution will take place in February of 2009. Stockholders holding stock at the "Record Date" will be eligible for this Stock Dividend. http://ih.advfn.com/p.php?pid=nmona&cb=1237322886&article=36048896&symbol=NO%5EHGLC
02/12/2009 @ 8:00AM Your Company's Management wishes to extend its apologizes to all stockholders for these promised dates not having been met by the Company and will now be pursuing a policy "going forward" of not relying upon any third parties and their unsubstantiated promises in respect of completion dates; when announcing firm dates to our stockholders. Stockholders may rest assured that the Stock Dividends in respect of your Company's sale of the "American Molygold" assets will be paid to stockholders and that your Company's Management is doing everything in its power http://ih.advfn.com/p.php?pid=nmona&cb=1237322886&article=36223345&symbol=NO%5EHGLC
2. OUSTANDING STOCK DIVIDENDS: 03/13/2009 @ 12:54PM As of today, the Company is in advanced discussions with the purchasers of "American Molygold." These discussions involving restrictions on shares being distributed to our stockholders and various other scenarios proposed to us by external advisors to the Company, if successful, will resolve this issue for everybody's benefit and interests. http://ih.advfn.com/p.php?pid=nmona&cb=1237322886&article=36871548&symbol=NO%5EHGLC