Replies to post #396 on Trio Resources Inc (TRII)

[DragonBear]

You got that right !!!

Then Jeff starts up TRII with the SEC watching closely and as they have found no wrong doing by Jeff

Here ya go again...

Do you wish for me to explain to you for the 3rd time the difference between a formal and informal SEC investigation? Until it becomes formal "Duncan" (not Jeffy) and his lawyers can claim no investigation is occurring. Given that, FINRA can not deny their application for TRII, WXYZ, or any other company he wishes to file on.

So what has this great wonderful CEO Duncan done than get the "other" company suspended? I already laid out the history in

another post

And yes I intend to keep referencing that post.

The short history is you have someone who wants to make $200K-$400K per year for himself, by crushing ore, and sending it off for processing. But he doesn't have the capital to proceed after start up. Thus he sells his company 2023682 Ontario Inc. DBA Canamet Resources to TRII in May 2012. Where he owns both companies. You did read the 8K - right? Then to get the stock offered quickly per agreement with Seagel Investment Corp (Read the 8K!), our great wonderful Duncan bypasses a little bureaucracy by reverse merging with a boat repair company - now there's a perfect business match for ya!!!

The end result is this CEO of the century has the equivalent of an ATM machine set up. This has far more potential for him than the "other" company. He has 92M shares, and can issue himself more as needed. If he dumps just half of them on the market over time at half the current price - I'll let you do the math. Good ole Duncan comes out really really well on it. But it gets better than that... after he gets finally nailed by the SEC in the "other" company barring him from the market with disgorgement, he gets to keep anything he made by dumping all or part of the 92M TRII shares he owns. It's a different company, and the SEC can't force disgorgement. Wow, what a great CEO... eh?