Looks like Bob's old buddies are going iron mining..
GEO JS Tech Group Corp., a Texas corporation organized on April 13, 2010, is
engage in procuring and delivering commodities in the international market with
a primary focus on Mexican-based iron ore mining and mineral ore trading. We
currently hold joint ventures and licensing rights to iron ore
mines in the
outskirts of Ensenada and Manzanillo, Mexico that we intend to exploit in the
future in order to obtain marketable product. We also have strategic
relationships directly with end users in China for delivery of iron ore. We
anticipate fulfilling our business objectives by procuring iron ore product and
the future excavation and retrieval of iron ore in the Mexican mines and, in
turn, selling the product to Chinese counterparts.
Iron ore is the main source of primary iron minerals required for the global
iron and steel industries. It is essential as part of the production process of
steel, which is critical to the global economy as steel is used in such items
as ships, buildings, cars, appliances and many other products. Management
believes that China has a substantial and increasing demand for iron ore to
produce steel and that it represents a viable market for the company’s iron ore
production.
We expect that we will need approximately $2.5 million in new capital during the
next 12 months in order to attain our objectives.
Our principal executive offices are located at 6360 Corporate Drive, Houston,
Texas 77036 and our telephone number is (347)-341-0731.
Read more:
http://www.nasdaq.com/markets/ipos/company/ge...z2kYRNQbNN