Posted On: 06/22/2013 7:13:06 PM
Post# of 2108
$STLK Company Info & Share Structure
Business Description
STL Marketing Group, Inc., through its subsidiary Versant Corporation (the "Company" or "Versant"), is a Colorado company that is seeking to develop a power generation plant in northern Guanacaste, Costa Rica. Based on the Company?s limited studies, it appears the site may be a good location and could have potentially suitable terrain for a well-designed wind farm. The site comprises over 5,300 contiguous hectares (over 13,000 acres) in northern Guanacaste. The Company anticipates, based on current conditions, a 37.5 MW wind farm development.
The Company is seeking to raise additional funds to possibly complete the Power Purchase Agreement negotiations and continue to finalize pending professional studies. Included amongst the studies that need to be updated are: the Annual Energy Production Report, SETENA/ Environmental Studies, and the Soil Study. There may be additional reports required based on the results of these studies that have not been considered.
The Company is negotiating a possible Power Purchase Agreement with a government entity. Assuming there are no political problems, and based on these preliminary discussions, the Company believes it may be able to generate enough revenue to provide a business case for the development of the site. Prior to the merger, Versant Corporation, a then private entity, raised enough funds to complete some preliminary studies and analyses.
The Company is seeking to raise additional funds to possibly complete the Power Purchase Agreement negotiations and continue to finalize pending professional studies. Included amongst the studies that need to be updated are: the Annual Energy Production Report, SETENA/ Environmental Studies, and the Soil Study. There may be additional reports required based on the results of these studies that have not been considered.
The Company is negotiating a possible Power Purchase Agreement with a government entity. Assuming there are no political problems, and based on these preliminary discussions, the Company believes it may be able to generate enough revenue to provide a business case for the development of the site. Prior to the merger, Versant Corporation, a then private entity, raised enough funds to complete some preliminary studies and analyses.
Share Structure
| Market Value 1 | $2,366,800 | a/o Jun 21, 2013 |
| Shares Outstanding | 139,223,524 | a/o May 20, 2013 |
| Float | 39,223,524 | a/o Feb 04, 2013 |
| Authorized Shares | 2,600,000,000 | a/o May 20, 2013 |
| Par Value | 0.001 |
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