Re: Any news from the show? (Letramm)
in response to
by
posted on
Sep 29, 2009 09:58PM
Focused on exploration and advancement of mineral projects in Peru
Had to register and come into this. You all are right even the guy who wants you to move it to the rants. However, some of us are still waiting on MMI and have been far too long. Knowing the culprit there is little doubt as one astute investor told me that the culprit has created a pension plan for himself with the MMI funds. In other words he took the $5 Million and invested it at a nice rate. Even at 3.5% that leaves him a healthy salary for a year of doing what. It will get listed and the interest from this money will be shown as management and office fees. Period. The culprit is not stupid, and as much as I hate to admit it I am stupid for believing him.
Now for Duran. We have a good management team here and with Jeff leading it we may get some results. However the fact that there is so much stock issued and outstanding leaves no other option than to roll it back eventually and start all over again. Just my humble opinion.