Replies to post #56383 on Dutch Gold Resources Inc. (fka DGRI)

[thecrusher2011]

What I did hear was a self confident CEO and Pertu

From Shamika's filings--->"On April 14, 2011, the Company's Board of Directors authorized the issuance of an aggregate of 4,800,000 shares of Common Stock to its founders. The market price on April 14, 2011 was $0.26 per share, so the value of this share grant was $1,248,000." http://www.sec.gov/Archives/edgar/data/1330323/000114420412021842/v309273_10k.htm

Are the Founders they are referring to none other than Perttu and Hollis here? Why are they not more specific, I wonder? So while they were handing your money over to Shamika last year through the front door is it possible that they were getting a big payday out the back door? All of this would be perfectly legal I am sure, if true it would make me feel VERY confident as well, in spite of 6 lawsuits and $635 in the bank.

Oh and on another subject.Here is the "paid" salary information from the 10-K, http://www.sec.gov/Archives/edgar/data/928375/000114420412022043/v309065_10k.htm






Have a nice day Tikasun.