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VIPR

03/13/12 1:47 PM

#14631 RE: 49erminer1 #14630

With all due respect.....WHEN has ALTO "EVER" done anything that was in the "best interest" of its shareholders?

It seems that every press release, company newsletters that got emailed out, and material definitive agreements ALTO has ever entered into has been "dissolved" and never bore any fruit. ALTO has only massively diluted its shareholders to the point where the shares are virtually worthless and you yourself say the company is "broke" and cannot afford to mine without a JV.

Was the issuance of 4 BILLION shares recently in the "best interest" of its shareholders??

Who received those shares?, the corporate counsel? Or Mark Klok? So he didnt have to sell his BMW motorcycle to pay for his lawyer if he is indeed under an SEC investigation like you stated here.

Alto never paid for the $185K SRK study. Alto didn't have the money. That's why. Are you suggesting that Alto pay $185K when it can get it for under $20K? Would that be in the best interest of the stock holders?



I wasnt "suggesting" ALTO pay 185k, it was in an SEC filing, so I assumed ALTO went forth with it. But then again, ALTO never follows through on much, I should have known it was never done.....shame on me.
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hmitwatch

03/13/12 3:24 PM

#14632 RE: 49erminer1 #14630

When the press release came out about this 185k purchase and you were one of the managers of ALTO Cascade did you mention to Klok what a waste of money it was or were you still solely worried about getting yours? Were you even aware he press released the purchase? I recall you mentioning not doing proper dd on Klok was this press release one of the things you didn't know about?


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71861944

In the case of Mark Klok and Alto, "guilt by association"[url][/url][tag]insert-text-here[/tag] is definitely the safe way to approach things. I failed to do adequate due diligence on Mr. Klok! Instead, I concentrated in getting half of the money up front for foreign work. That's my fault. The question you have not asked me is "what I am personally doing to clean up the mess" and the answer will be obvious in K8s which "should be out" in the next week to 10 days. If you still feel like shooting me once you understand what I am attempting to do I will supply both the gun and bullets.