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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

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Post by falc on Oct 03, 2011 6:36am

facts

ok, i needed some facts about these 'cheap shares'
I called HS, the old CEO and he was in Kazakhstan and he gave these answers:
The 5cent PP was started in July 2010 which was Q1 and this private placement
did not complete until early October 2010 which ended up being Q2.
Q2 was equal to Sept-Oct-Nov and hence the filing was due January 14th 2011. So
this was NOT done when the stock was higher, period.
As for as his comments on the company, he loves the project, thinks the new management
needs time and to put their footprint on the company.
So I hope this clears this up. If you want to call him yourself, HS= 604-825-1309.
This issue is not at rest. The share price is what it is under the new management.
Comment by luvthebull on Oct 03, 2011 10:30am
facts come from SEC filings made by the company, overwatched by its attorneys and auditors. the facts filed with the SEC say the .05 pp closed in november and was increased and second tranche closed in january 2011. SEC facts also say cheap options were given out in august 2010, november 2010 and again in february 2011. those are sec facts. the .15 market fact says there is a hell of a lot of ...more  
Comment by ThisBSagain on Oct 03, 2011 10:53am
luvthebull, would you conclude those cheap options given out while the co. was non reporting to the SEC?
Comment by baconmaker on Oct 03, 2011 11:02am
LUVTHEBULL.I agree. Facts are the insiders (or former insiders) are still pounding the stock. That is evident by the lack of support and the continued free-fall..Douglas B -- time to pull out all the stops, time to announce some results and also do some promotion to get the story out there. .And while you are at it, maybe you can also cancel some of that cheap paper that all pigs at the ...more  
Comment by luvthebull on Oct 03, 2011 11:23am
thisbsagain, they were issued after the co was reinstated for trading on the bb. And the company maintained its full reporting status the whole time it was bounced to the pinks. it made all of the required SEC filings while it was quoted on the pinks, check edgar and see the dates of the filings. also I believe that to be the case because the company did not have to wait one year on the pinks like ...more  
Comment by ThisBSagain on Oct 03, 2011 11:45am
thank you luvthebull.