RE:RE:RE:RE:RE:RE:RE:RE:RE:The note holder looking to dump more........Secret Pass? Has NLR attended any of the mining conventions with a booth or have they done any presentations at these conventions to persuade investors to invest in them do to the Secret Pass project? I havent seen their booths or presentations. Have you? So, what is the management team currently doing? Sitting at home? Were the last two news releases by NLR the finely written professional news releases from their new Marketing Company? If so, $90,000 was not responsibly spent when you only had roughly $227k. Is the management team not competent enough to write the new releases themselves? Why did they do the last 50k raising and give 10% of the company away? What is the purpose of these newly raised funds? There are more questions than answers here.
I like the Secret Pass project. Should the NLR management team be in place if they cant market their own company and projects? To be in business you have to be able to sell your own product. If you cant do that, well, you wont be in business for long.
If you believe that the 90k was well spent then it will prove itself out to be a good decision. Based on owning my own business, routine million dollar project management, budget management, accounting and finance experience, I would say this is not looking like a competent management team and bad decision making.
Realty