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Goldigger101

11/05/12 1:10 PM

#46755 RE: Lochan #46754

I recall reading Walter Steel being added to the Board but I do not recall EXTO actually purchasing any real estate with stock or cash (which they don't and didn't have). Now I read on this board they own real estate in Maine. I don't think so. I read the company's announcement that they purchased claims for a bunch of EXTO stock. I don't think you can purchase a lot of value with virtually worthless stock. IMO management and these "founders" who put up very little cash to get some paperwork filed, gave it a shot to make something out of nothing and they still have nothing.And as for the lobsters, seafood sauce, beauty creams and the rest of it, all I ever saw was words on a fictious "organizational chart" and I don't think EXTO ever owned these "assets", if they are even really assets at all. Maybe I took a wrong turn somewhere and am looking at the incorrect road.

Lowjack

11/05/12 1:21 PM

#46756 RE: Lochan #46754

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=sCN4sPAH%252fAmMog3vVCFVeg%253d%253d

They didn't calculate the value of the entire claim. They estimated processing material of that grade off two assay reports. May I remind you that all mining costs will be on the two groups of funders. This will happen whether you own shares or not.