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Bullboard - Stock Discussion Forum Mineral Road Discovery Inc C.ROAD

Alternate Symbol(s):  CRSTF

Mineral Road Discovery Inc. is a Canada-based company. The Company’s principal business activity is the investment in mineral property assets in Canada and Australia, and the investment in mineral exploration and mining technology companies. Its mineral property assets include Allaru Project in Australia, Atlin-Rufner Property in British Columbia, and Leigh Creek Magnesite Project in South... see more

CSE:ROAD - Post Discussion

Mineral Road Discovery Inc > Nothing for shareholders
View:
Post by Davec12 on Jun 04, 2021 3:56pm

Nothing for shareholders

Anything that can be twisted, loaned or bonused out seems to be done by these guys.

July 31 news.
"The Company further proposes to sell 1,000,000 common shares of Exploits to a private company of which Collins is a director for consideration of a note payable of $350,000 that is payable on demand and accrues interest at a rate of 6% per annum. The shares are pledged as collateral for the promissory note."

Nice one hey ?  A sale of 1,000,000 shares (current value today of over  $1,000,000.00.  What does the company get for this ?  0 cash, 0 shares and a loan payable from a private co for 350,000 $ at 6 %,  Whats the collareral for this sale the shares that the company sold.  ????

COLLINS NEEDS TO RESIGN.
Comment by neighbour123 on Jun 04, 2021 4:19pm
Yes. Collins does not have integrity and needs to resign, return the shares to the Company. NGH
Comment by audigger13321 on Jun 05, 2021 11:18am
"Nice one hey ?  A sale of 1,000,000 shares (current value today of over  $1,000,000.00.  What does the company get for this ?  0 cash, 0 shares and a loan payable from a private co for 350,000 $ at 6 %" IMHO, if he was honorable, he would sell 300,000 shares, pay of the $ 350,000 loan, and let the xcompany keep the other 700,000 shares. But hey, this is just me ...more  
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