No Problem.... hope you got into $OODH at $0.01Â

No Problem.... hope you got into $OODH at $0.01  --- If so, congrats!!!!

Thanks for the info ORION DHC. A couple of questions

1. When will the fins be filed 
Soon

2. What are the terms of the $4.8MM funding? Does it depend on share price and volume? is it dilutive

The terms are 1 year restricted stock, and by then... well, lets just say there is plenty gold to do a buyback in a whole year from now . Greg Lowe has set a 2014 gold recovery target of 10,000 troy ounces, which if met, that is roughly $13,000,000.00 at todays spot,  which is way more that $4.8M. Therefore, "Dilution" is a non-issue. He might get only 5000 ounces...but he could get 25,000 ounces too... we shall see very soon. It's only 14 days for the Notice of Intent to mine, so that is a non-issue too.

3. It appears that the logging operation is not licensed to harvest at this time. I thought you commented that logging during the spring, summer, dry season poise a fire risk. but the plan you outline says harvesting ops begin in April. Can you clarify:


AV TIMBER is licensed to commence work. AV TIMBER currently has zero liability of fires because our partners are logging for us, on their own land and we are reselling the product wholesale / retail. That starts in Mid-April. So if they burn down the forest we won't be liable... better deal for shareholders IMO.