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News Focus
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SPARK

10/03/10 10:05 PM

#6535 RE: lushful1122 #6534

That's a big difference from saying they can sell..dude you're trying way too hard to get a cheap entry~
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12thman

10/03/10 10:05 PM

#6536 RE: lushful1122 #6534

The only dilution going on is that of the United States dollar, lol. Government monetary policy will make obtaining funding a breeze and dilution completely unnecessary in my opinion. We should be able to secure VERY favorable terms as gold and other precious metals are the only sure thing out there to combat inflation. And hyperinflation is coming sooner or later unless we completely reverse policies and take drastic and painful measures to combat it, that's a fact.
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Lowjack

10/04/10 12:33 AM

#6549 RE: lushful1122 #6534

In order to get $500k to start operations they would have to sell 72,000,000 shares at Fridays closing price of $0.007. Basically diluting shareholders by 10%.

Spark, the top two guys own more than 50% of the company which gives them sole discretion of when to sell shares, or worse yet pay in shares because they were careless in thier execution of the business plan. Did you ask mitch if they payed for the repairs on the two tractors they couldn't sell last year? Or the fact that the CEO loaned the company $1.5million and secured it with all of the assets of the company. So basically he can get everything set to mine and file bankruptcy and collect a turn key mine. Or did that slip past your iron clad DD.