Interesting:
Less than 105 mil trading. Not a lot of holders are getting restriction removed after a year or even 2. Near 71 mil R issued in ’12 and ’13. March 2012 were 184,467,187 issued total. Initial 10K Mar 2010 had 136,505,000 issued so very little R shares then. Means about 31.5 mil total made unrestricted and into trading over 4 years for avg under 8 mil annual. Means VERY few overall swing the PPS wildly! Today loss is 500K trade with hour half to go. UNDER .5% ( half a %) of total trade shares. Any can see early mkt sale of a few 20K lots , $800 each ,drops PPS .006, .038% with 40K sold. Take 10 times 40K to reach .4% of trading shares!
“As of July 14, 2014, we have 256,005,431 shares of our common stock issued and outstanding, of which 151,523,838 shares are restricted.”
A grabber is precisely what I saw PT Jr fabricating. Sure no track crawler excavator scoop on a boom run up on a barge. Purpose built clam jaws to drop and grab a huge mouthful, haul over bow and start to wash out gold well proven to be there to great depths. Nome 4 year look shows can be $1 million pay out over the summer months with the right stuff taken out .
So 1.2 mil shares @ .045, $54K took 5% of Gold Grabber LLC. Means 24 million shares = 100% . Using that same PPS ( no idea the terms) needs another $529,200 worth of something to take the full 49% in the deal for total cap of $1,08,000. Just BOE stuff but I’m certain UNLESS turning profit 1st year out? Other 44% will NOT be taken. Just Mexus Gold US displayed for all to see; however? If judged a winner in annual Nome contest to perform best? Well could be BOTH some cash return 1st year alone and Mexus US investors all the while Mexus Mexico is getting up to speed. Yet to invest a cent of needed cash. Any wish to work them figgers and check true? I’m often missing something and low on envelope backs these days. Just refiled 4 years adjusted taxes to reflect our flood and mold loss in Jan ’09 and near full 5 years reconstruction costs. Still not ready for occupancy but getting close enough to estimate all but ’13 due by Oct 15th. . Tossed bagsfull of envelopes in last month. 8