RE:RE:FRAUDI am sorry Mountainman if you are in over your head, but the reality is Adriaan is now accountable and not Patrick., You just may want to read the releases a little closer and you may see, I believe that we are really not expecting a 43-101, but rather a report based upon 43-101 principles (there is a difference I believe). When we are talking imminent are we talking about days, months, or years? I wonder if Adriaan appreciates the fact you attempted to play damage control for the latest release.
August to the end of March. How many months are we talking about?
You talk about dilution, what about the dilution apparent by the information provided by Canadianinsider.com (in how many months not years):
As of 11:59pm ET March 30th, 2014 |
Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Price |
Dec 31/13 | Dec 20/13 | Bakker, Wim Adriaan | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 20,000 | $0.050 |
Dec 31/13 | Oct 28/13 | Bakker, Wim Adriaan | Direct Ownership | Common Shares | 11 - Acquisition carried out privately | 1,200,000 | $0.050 |
Dec 31/13 | Oct 28/13 | Bakker, Wim Adriaan | Direct Ownership | Warrants | 11 - Acquisition carried out privately | 1,200,000 | $0.050 |
Oct 23/13 | Oct 21/13 | Pearce, Stephen | Direct Ownership | Warrants | 16 - Acquisition under a prospectus exemption | 1,200,000 | $0.100 |
Oct 23/13 | Oct 21/13 | Pearce, Stephen | Direct Ownership | Common Shares | 16 - Acquisition under a prospectus exemption | 1,200,000 | $0.050 |
Oct 23/13 | Oct 21/13 | Sorbara, James Paul | Direct Ownership | Warrants | 16 - Acquisition under a prospectus exemption | 80,000 | $0.100 |
Oct 23/13 | Oct 21/13 | Sorbara, James Paul | Direct Ownership | Common Shares | 16 - Acquisition under a prospectus exemption | 80,000 | $0.050 |
Dec 31/13 | Oct 11/13 | Bakker, Wim Adriaan | Direct Ownership | Options | 50 - Grant of options | 3,000,000 | |
Sep 30/13 | Sep 26/13 | O'Brien, Adrian | Direct Ownership | Options | 50 - Grant of options | 500,000 | $0.100 |
Dec 31/13 | Aug 30/13 | Bakker, Wim Adriaan | Direct Ownership | Options | 00 - Opening Balance-Initial SEDI Report | | |
Any idea where the money came from to purchase the shares privately. Was it real money or a paper exchange for fees that perhaps shareholders should have voted on. Perhaps the AGM package may help explain such.