American Consolidated Minerals Corp AMERF

Non Brokered Private Placement

[ok2buy]

When I read the news release again I picked up on the fact that this was a non brokered private placement.   So basically the company went out and beat the bushes themselves and found a buyer.   Perhaps that is why we were not bent over significantly like if we had to deal with a brokered placement.  We could very well be looking at a single individual or a small group of investors who came forward and can now garner the entire 3,500,000 shares @ $ 0.08.  I will be interested to see if the entire allotment is filled and if word gets out who the buyer(s) are.   Also, a 4 month hold on these new shares as well, so we will not see them in the market for awhile./ok2