RE:More D.D. Facts re. Status of MNYsunserve wrote:
In my unprofessional opinion, the recent 2016 / MNY - News releases
are extremely onerous to read & comprehend - (probably intentionally)
[aside from the many "fundraisers" PPs/Debentures/Shares for debt/etc.]
Amongst all the "obscure Gobblety-Gook" of N.R. information
re. MNY's supposed intentions to purchase a Peruvian Mining Co.
here are some very Key Facts . . .
from MNY N.R. dated 2016-07-14 . . .
Montan Mining signed an Agreement to aquire from Chazel Capital
100% of Peruvian Mining Co. - Cerro Dorado SAC (CD)
(operator on Rey Salomon Mine). . . in an ALL SHARE DEAL . . .
Montan will have a 3 month D.D. period to inspect CD assets
before committing to execution of sale . . . & will assume
All Costs to maintain Rey Salomon Mine . . .
& All Expenses to maintain Cerro Dorado SAC
starting from July 25/16 . . . (until Oct.30/16)
See recent NRs - July 26/16 for an initial outline of these expenses
which were readjusted downward, as of N.R. Aug. 23/16 !
The fact that Montan has agreed to carry
ALL Costs to maintain
Rey Salomon Mine &
All Expenses to keep
Cerro Dorado SAC "
afloat," while Montan is doing it's D.D
to decide whether to proceed with the
ALL SHARE Sale Deal ? ? ? would make any Chief Financial Officer have Indigestion to the extreme !
All these expenses are BEING paid with
SHAREHOLDER EQUITY. No Wonder CFO - Brandon Macdonald
RESIGNED effective Immediately What a
"Shady" business this is -
all at shareholder expense ! !