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User-65225

06/28/11 11:23 AM

#36264 RE: loanwolf #36261

About 1 year ago the O/S was 173,023,494 shares... The current O/S is headed to 400,000,000 swiftly via the usual insider payouts and new convertible debt agreement

Imagine if they invested all this $$$ into mining like legit companies and not put it in their pockets?

What other mining company pays their Investor Relations guy $X,XXX,XXX in compensation when the stock has lost 75% since the shareholder meeting?... This is excessively irresponsible, even for a penny stock!... but then again it is PQs buddy, right? Gotta take care of your own, i guess

$1,717,500 was spent on "Advice on debt and equity capital raising" and "Shareholder relations services" per pages 22 and 23 of this last quarterly report... http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7939071