Replies to post #8543 on One Step Ahead

[m-ojo]

zen: drilling to production

In that sense, working with ShoreGold would make more sense with their recent PR of financing to complete purchasing of the processing plant in FALC.

From the PR "...Full ownership of the processing facility provides Shore the flexibility to process additional bulk samples from the Star and other Fort a la Corne kimberlites."

Interesting things stirring in FALC.

http://www.shoregold.com/news.html#

[ergo sum]

Can you explain to me what exactly the A/S or even the O/S of UCAD is? My understanding is the preferred ratio is 100 to 1.

Stockholders' equity (deficit)
Preferred stock - Series A; $0.001 par value; 1,000,000 shares authorized;
16,250 and 112,500 shares issued and outstanding, respectively 17 113
Preferred stock - Series B; $0.001 par value; 1,000,000 shares authorized;
140,000 shares issued and outstanding 140 140
Common stock; $0.001 par value; 100,000,000 shares authorized;
8,562,345 and 445,149 shares issued and outstanding, respectively 8,562 445
Additional paid-in capital 23,434,545 13,809,140
Accumulated deficit (17,685,874) (15,016,484)
------------- -------------

Total stockholders' equity (deficit)
http://www.secinfo.com/dV3p8.11Rs.htm