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Woodchuckk

06/11/12 9:16 AM

#91990 RE: Kadin #91989

The status of being an emerging growth company extends for five years, until May 2017. We may lose the status of an emerging growth company earlier than 2017 if our revenues exceed $1 billion, if we issue more than $1 billion in non-convertible debt in a three year period, or if the market value of our common stock that is held by non-affiliates exceeds $700 million.



$1 billion in revenues before 2017, lets shoot for that :)
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ScotiaNostra

06/11/12 9:57 AM

#91995 RE: Kadin #91989

More news may be due out - results of Pacific Metals initial exploratory activities.

To date the company has spent approximately $50,000 on the project claims and is currently scheduled to spend another $10,500 in the second quarter of 2012 for initial exploratory activities.

GFTA