Replies to post #1096 on Raptor Technology Group (fka RAPT)

[Peggy]

Addendum to my last ...

Just sent another email to Mr. Todd Jones of RAPT asking for the status/expected completion of the audit, the 10Q, the results of the 1st 100 tons, etc.

Regarding the audit I pasted in the lead paragraph of the NR from 10 Feb 2011 on this subject.

I have confirmation that my email was delivered. Awaiting a read receipt.

I will post anything I might hear.

[canyoncreek]

Yep, it is a bit confusing. Raptor Technology Group appears to be the former Giddy-up (depending upon where whoever is in the reverse merger process). Raptor Fab appears to be Tom's old company/operations. The Feb 10th announcement appears to point to an audit of Raptor Fab but says nothing about an audit of the RTG/Giddy-up numbers. In the reverse that I was part of, our first audit was of the "shell" we mergered into - here it would be RTG as the shell that would have it's books audited for its prior year - Giddy-up is/was a Sept 1st thru Aug 31st reporting year so the press release of a 2009-2010 year makes sense. We have had no info on the Raptor Fab year but usually the Raptor Fab entity would adopt the "host's" reporting period.

The audir could span this merger period and bring everything up to date but the dates indicated in the release then don't make sense.

so I do not know. I am concerned about the delay frrom the original announcement of March 15 due date, and now the disappearance of the Mar 16th update from the company's website (but still shows on web searchs).

[osu78OnFire]

Interesting: I receive the following in email today (old news already I know). But the PR is not what is interesting, when I reply to the email address at the end it comes back as

A message that you sent could not be delivered to one or more of its recipients. This is a permanent error. The following address(es) failed:

[e-mail]
(ultimately generated from [e-mail])
No Such User Here


Here is the post:

Latest News from Raptor Technology Group, Inc.



RAPTOR TAKES DELIVERY OF 30 TONS OF ORE FOR PROCESSING: MINERAL RECOVERY PROCESS TARGETS GOLD, PLATINUM, RHODIUM, RARE EARTH OXIDES


GROVELAND, FL – March 30, 2011 -- Raptor Technology Group, Inc., (OTCBB: RAPT) who is in the process of acquiring Raptor Fabrication & Equipment, Inc., ("Raptor") announced today that it has taken delivery of an additional 30 tons of ore to be processed as part of its contract with Washoe Custom Processors, LLC (“Washoe”). Using its patent pending separation technologies, Raptor is able to recover an average of 60-70% of the precious metals in the hard rock ore from the Washoe mine tailings. Raptor has received a total of 130 tons of ore since the contract began.

“Our mineral recovery process is proving itself with favorable results from the first 20 tons we have received and processed from our partner Washoe with an estimated average value of $25,000 per ton. The long term contract we have in place and latest ore shipment we have received will allow us to continuously recover high value precious metals from the tailings and expand our production capacity,” said Tom Gleason, President of Raptor. “We are also evaluating professional firms to complete a 43-101 report on the tailings that will help us address the best means of processing ore in the shortest timeframe,” added Gleason.

A recent study of the mine tailings has estimated over 12,000,000 tons of tailings for processing in the current contract area.

Raptor’s mineral recovery process targets gold, platinum, palladium, rhodium, rare earth oxides, and similar high-value metals and has capture rates that are three to five times the industry standard.






Raptor Technology Group, Inc.
7064 Sampey Road
Groveland, FL 34736

Email: [e-mail]
www.raptortechnologygroup.com



About Raptor Technology Group, Inc.

Raptor Technology Group, Inc., has signed a "Plan of Merger Agreement" with Raptor Fabrication & Equipment, Inc. and anticipates the business combination to be completed shortly. Raptor Fabrication & Equipment, Inc., is a technology supplier that provides eco-friendly and green solutions to global issues. The company is committed to developing reliable fuel and energy alternatives by making them both dependable and economically appealing to the manufacturer as well as the consumer. Additional patent pending technology has been developed to recover rare earth minerals from endless miles of mine tailings. This technology provides an eco-friendly means of recycling these mine tailings both economically and profitably.

Raptor Technology Group, Inc. has positioned itself to become a leader in the biofuel and mining industries with their advanced proprietary biofuel production technology and mineral recovery technologies. Their constant drive for eco-friendly business solutions and economically profitable business models will secure Raptor Technology Group, Inc. as a leader in alternative energy and remediation sectors.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: The statements in this release relating to completion of the acquisition of Raptor Fabrication & Equipment, Inc. by Raptor Technology Group, Inc. and the positive direction are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties which may arise, the failure to obtain necessary approvals, the future market price of Raptor Technology Group, Inc. common stock, the ability to obtain the necessary financing and the failure of Raptor Technology Group, Inc. to complete the acquisition of Raptor Fabrication & Equipment, Inc.