$LBTG REPORT ISSUED ***Featured Chart Play*** and
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Update 12/11/13 7am: Our Featured Chart Play is Pazoo, Inc. (OTCQB: PZOO)[/b]
Liberty Coal Energy Corp. (OTCQB: LBTG) FULL REPORT
[b]LBTG MINERAL PROPERTIES:[/b] OWSLEY COUNTY KENTUCKY PROPERTY On February 1, 2012, the Company entered into a letter of intent for the acquisition of private mineral leasehold rights to certain coal mining property in Owsley County, Kentucky with AMS Development LLC. and Colt Resources, Inc. (the “Owsley Agreement”). The Owsley property covers approximately 1,000 acres and has 3,600,000 tons of coal recoverable by surface and high wall (auger) methods. There are underground reserves in place which are not being considered for production at this time. The Owsley project has a permit completed and technically approved by the Kentucky Department of Natural Resources for the first 80 acre phase. The permit can be placed on active status and mining initiated by posting a $175,000 reclamation bond. The Company believes mining can be commenced within 90 days of breaking ground. In consideration for the mineral property leasehold, the Company paid $80,000 to purchase the rights to the mining permits and operate under leasehold. It has also paid an additional $50,000 to minimal lease payments and accrued another$90,000 which is currently behind. These payments have been capitalized as part of the purchase price of the property. As part of the Owsley Agreement, the Company has agreed to enter into a purchase agreement with AMS Development LLC & Colt Resources, Inc. The agreement provides for the purchase of the 1,000 acres of surface property at $600,000, as well as surface mineable coal, (3.6 million tons at $.75/ton), underground coal rights (2.2 million tons at $.20/ton) and the discharge of a first mortgage due to a former owner of $150,000 for a total purchase price of $3,890,000. The total purchase price is payable through a combination of cash, a promissory note and Liberty Coal common shares. To this date the Company has not been able to close on this agreement.
GAMM LEASE
On May 24, 2013 Liberty Coal Energy Corp. (“Liberty”) paid $15,000 down toward the purchase of the Gamm Lease, the balance of which will be paid via a share transaction, not to exceed approximately $30,000. The Gamm Lease is in Caddo Parrish, in Northwest Louisiana. The 20 acre property is located in the West 825 feet of the South One-Half of the Northwest Quarter (S 1/2 of NW 1/4) of Section 25, Township 21 North, Range 15 West, Caddo Parish, Louisiana. The Gamm Lease is a previous producing property and contains 9 shallow (+/- 1700ft.) production wells. The property is accessible by paved and dirt roads from Oil City LA and has electric power and some existing equipment on site. Liberty is in the process of restoring the existing wells to production and installing wellhead production equipment.
Atlas Technology Group, Inc. (PINKSHEETS: ATYG) FULL REPORT
Through its subsidiary, Racing Limos America, Inc., franchises race car themed stretch limousines with mobile advertising in the United States. The company specializes in mobile marketing partnerships and featuring advertising on limos similar to race cars. Its marketing packages include marketing and advertising on the Internet, in social media, and other conventional shared advertising.
Atlas Technology Group, Inc. was incorporated in August 1998 as Tribeworks Inc., a California corporation. On November 2, 1999, the Company entered into a transaction with Pan World Corporation, a publicly-traded Nevada corporation whereby Pan World agreed to provide financing in connection with the merger of a newly formed subsidiary of Pan World into California Tribeworks. Prior to the Recapitalization, Pan World had no material operations. As a result of the Recapitalization, shareholders of California Tribeworks exchanged all of their shares of California Tribeworks for Pan World common stock. To the Recapitalization, the Company was reincorporated in Delaware as Tribeworks, Inc. and at its Annual General Meeting it changed its name to Atlas Technology Group, Inc. The Company is in the business of providing custom outsourced application software support services to its customers. These services range from supporting specialized networks and single applications to providing entire IT infrastructure management for customers who want to outsource IT application support and focus on their core business competencies. Through partnerships with other IT development consultants, fully outsourced IT services could be provided with hard performance metrics and predictable costs. Atlas Technology Group offers its services worldwide, with the majority of its targeted customers having domestic or multi-national operations. The Company’s operations are designed to be a distributable venture, with the ability to place people in the locations so that it could provide a seamless service offering across the world. There are number of traditional consultant competitors competing with the Company, including IBM Global Services, Hewlett-Packard, Electronic Data Systems Corporation and Accenture Ltd., as well as a number of smaller companies. Laws regulating the Internet both in the United States and internationally are constantly changing. A number of laws or regulations might be adopted or amended regarding Internet user privacy, Internet security, taxation and pricing, quality of products and services and intellectual property ownership, which might apply to the Company.
Yippy, Inc. (PINKSHEETS: YIPI) FULL REPORT
Mr. Kenneth C. Jolly was appointed to the Company’s Board of Directors (the “Board”). Mr. Jolly brings extensive board experience to the Company. He previously served as the Chairman of the Board of Directors for the National Football League Former Players Association (the “NFLFPA”) in Washington, D.C., and also served as a member of the NFLFPA board from 1999-2006. Since 2006, Mr. Jolly has served as a Director of the Professional Athletes Foundation in Washington, DC, an organization that provides grants to former National Football League (“NFL”) players in need, as well as develops programs to assist players as they transition to outside careers once their respective NFL careers conclude. He has also served as a President and Director with multiple NFL chapter organizations, and is actively involved in promoting the health and wellness for all retired NFL players. Mr. Jolly played 2 years in the NFL and was a two-time special teams player of the year for the Kansas City Chiefs in 1984-1985 seasons. Mr. Jolly graduated from Mid America Nazarene College with a BS in Biology. “I hope to expand the Company’s reach,” said Ken Jolly. He continued, “With my understanding of Yippy’s technology capabilities, I believe there are numerous opportunities for the Company in previously untapped markets. I plan to expand that reach, using my business experience along with my personal and professional contacts. Particularly, I intend to use my experience in the charitable organization arena to influence the Company toward future philanthropic endeavors as a complement to its existing commercial success. I am a strong proponent in giving back to the community and positively influencing those people around you John Paul Routhier III, as the Company’s new Chief Consultant to the Board of Directors to leverage his sales and marketing expertise and experience developing corporate strategy to rapidly scale the newly developed Yippy Enterprise Group. Mr. Routhier has over 13 years experience as a sales and marketing executive with a record of rapidly growing sales though the implementation of strategic marketing campaigns, development of corporate strategy and business alliances. Mr. Routhier is currently a judge and mentor for Mass Challenge, an annual $1mm global startup competition and accelerator program which catalyzes the launch and success of high-growth, high-impact new companies. Mr. Routhier also recently served as the VP of Sales and Marketing for Crowe Paradis Services Corporation, which was purchased by Verisk Analytics (VRSK) for $90mm.”My goal is to take the innovative enterprise solutions already created by Yippy and develop a strategic sales and marketing process to optimize revenue,” stated Mr. Routhier. He continued, “Yippy’s new enterprise solutions bring numerous disruptive technologies to ‘Big Data,’ enterprise search, business intelligence and enterprise e-mail intelligence in the cloud. I am excited to bring my past experience and contacts to help build the Yippy brand and sales pipeline.”
Errol F. Walsh as the Company’s Chief Operating Officer and appointed Mr. Walsh to the Company’s Board of Directors, effective immediately. Mr. Walsh worked at IBM for 31 years, ending his career in an executive management role, responsible for a group of more than 7000 employees and an operating budget of 1.2 billion dollars prior to his retirement in 1993. After retiring from IBM, Errol served as the Chief Executive Officer of Technology Support Corp. (“TSC”) until 2006. TSC was a contracted IBM consulting firm, responsible for the integration of all SAP modules together with the IT deliverables that created the IBM Fulfillment SAP Project. This project encompassed the prototype phase, validation of the prototype and the integration testing of newly developed systems and processes. Mr. Walsh most recently served as a chief consultant for Axiom Consulting, LLC (“Axiom”), until 2009. At Axiom, Mr. Walsh worked with applications development and project management to set up support for end users for major corporations such as Fluor and SAP.”I believe Yippy’s strategy of interconnecting software internally developed and acquired into the cloud through their Enterprise Application Services Environment (EASE) platform is a game changer. In over forty years in the IT industry, I have never seen such a ground-breaking product which I believe can out-perform the majors head to head, with functionalities far above those of Oracle, IBM, SAP or Microsoft. My role is to take Yippy from prototype stage to full operations,” said Mr. Walsh.
All Grade Mining, Inc. (OTCQB: HYII) FULL REPORT
All Grade Mining, provided an update for its recently acquired Plateada Copper Sulfide Project, a 90 hectare property located approximately 55 kms southeast of Ovalle, Chile in the commune of Combarbala.The Company has been issued all of the necessary permits to sell copper by the Chilean National Mining Corporation, ENAMI. Additionally, management has held discussions with ENAMI regarding the issuance of a grant to All Grade Mining for the expansion of smaller workings on its Plateada mine. All Grade Mining expects to finalize negotiations with contractors this month at which time they will begin loading and selling copper from the Plateada property. The Company will also be evaluating three concentration plants located close to its property in an effort to produce higher grade concentrate than what had been previously produced. “We are very excited to announce our plans to expand the scope of our Plateada Project. We are confident that through a possible grant by ENAMI and our efforts to produce higher concentration copper sulfide, we will be able to double the previous monthly revenue of $100,000 generated from the property. We expect to begin generating cash flow from Plateada within the next month and be profitable within six months,” commented All Grade Mining’s CEO, Gary Kouletas.
Mark Bonacci, Chief Analyst
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