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Bullboard - Stock Discussion Forum Northern Lights Resources Corp C.NLR

Alternate Symbol(s):  NLRCF

Northern Lights Resources Corp. is an exploration and development company. The Company is engaged in advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona and Caldera Copper Project located in Lincoln County, Nevada. The Secret Pass Gold Project totals over 271 hectares (ha) comprised of one State mineral license (212 ha) and eight Bureau of Land Management mineral... see more

CSE:NLR - Post Discussion

Northern Lights Resources Corp > Convertible Securities
View:
Post by realty on Dec 23, 2022 4:06pm

Convertible Securities

Per the Agreement with the "Investor" on May 27, 2021, the Investor may not own more than 10% of the company at ANY given time.  The amount of shares that the Investor owns must be disclosed at all times.  It has not been disclosed on SEDI or any other location.  As of my calculations the Investor owns approximately 19,700,000 shares of the company with $348,000 still owed to the Investor under the Agreement.  The Investor appeaers to own roughly 66% of the company.  Precious Metals Capital Group, LLC is an Delaware Limited Liability Company, with an address of:  251 Little Falls Drive, Wilmington, DE 19808.  It has a phone number of:  302-636-5401.  I will soon have the Director/Owner's name.  The file number of the company for the state is:  7911969.  I currently own over 1% of the company and will be requesting disclosure of share ownership by the company and Precious Metals Capital Group, LLC.  Based on what has been disclosed to the regulatory bodies and the public this leaves a float of 10 million of which i own 450,000 shares.  I am currently requesting information regarding the Investors current total share ownership of the company.
Comment by ShortOnCash on Dec 23, 2022 7:18pm
You should hire me. I sniffed this out ...long ago... Have the E-mails to prove it. GLTA
Comment by realty on Dec 24, 2022 12:28pm
Thanks ShortonCash, but I do this type of work for a living.  I have requested follow up from NLR and have inquired with the possible Investor that I mentioned in a previous post.
Comment by ShortOnCash on Dec 25, 2022 2:44pm
I may fish in the same pond Realty,  I was alluding to that....;). Cheers.
Comment by realty on Dec 27, 2022 10:06am
My last post was deleted.  NLR has responded and indicated that the Convertible Security Investor owns and maintains less than 10% ownership.  Hopefully this post isnt deleted.  
Comment by ValuePro on Dec 27, 2022 12:06pm
Also of interest is that the stock is currently up 45 percent in the US.  Canada's market is closed.  
Comment by WalkingDead01 on Dec 27, 2022 12:27pm
https://www.stockwatch.com/Quote/DetailM.aspx?U:NLRCF   Recent Trades - All 2 today Time ET Ex Price Change Volume 10:52:22 Q 0.026 0.0081 90,000 10:41:02 Q 0.026 0.0081 10,000
Comment by ValuePro on Dec 28, 2022 10:02am
Yeah, I get your point.  A hundred thousand shares may not be anything to get excited about.  Still, there are many days in the US where NLR does not trade, and only one other day this month exceeded that volume.  At the same time, the price trend has been upward since the 15th of the month.    
Comment by realty on Dec 24, 2022 12:06pm
This company also has the same address as the Investor and Convertible Securites Holder of the May 27, 2021 Agreement with NLR.  Please find their website here:  https://www.cscglobal.com/cscglobal/home/    Is someone using their work address as a way of keeping their identity secret as the Investor?  Realty
Comment by realty on Dec 24, 2022 12:15pm
It appears that the President and Owner of CSC is https://www.linkedin.com/in/bill-popeo-0021131a/  or William Popeo.  Could this be our investor?  Realty