GEAR .0099 Nplay, FYI, JMO, sc GEAR Security Detai
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GEAR .0099 Nplay, FYI, JMO, sc GEAR Security Details Share Structure Market Value1 $1,893,437 a/o Feb 13, 2012 Shares Outstanding 195,199,683 a/o Nov 01, 2011 Float 76,648,080 a/o Nov 01, 2011 52-Wk Range.0005 - .18c GolfGear International, Inc. Increases Assets by 2,730% and Decreases Outstanding Shares by 87% 10:29a ET December 19, 2011 (Market Wire) GolfGear International, Inc. (PINKSHEETS: GEAR) recaps its most significant achievements of 2011. Over the past several months, the Company has successfully executed agreements anticipated to launch a new era of success in the gold and silver mining industry. These include an exclusive licensing agreement for an efficient ore processing technology with EnviroXtract, Inc. (PINKSHEETS: EVXA), a Joint Venture Agreement with Mission Holdings, LLC to place the Silver Cord Mine into production, and an agreement to acquire controlling interest in Western Sierra Mining Corp. (PINKSHEETS: WSRA). The addition of Western Sierra Mining Corp., its Management, and its mine holdings has given GolfGear enormous credibility in the market. Western Sierra Mining Corp. has focused on exploration, mine development, and mining operations since 1903. Management began initial sampling and mapping of the Silver Cord Mine in October and work is current underway toward generating revenues and profits from this historically producing silver mine. Dale Geck, President of GolfGear International remarked, "Over the past several months, the Company has seen an 87% decrease in its total Issued and Outstanding stock, from 1,660,593,683 to 215,299,683 shares through voluntary stock cancellations. With the recent acquisition of controlling interest in Western Sierra Mining Corp., the Company has increased its assets by 2,730%, from $543,107 to $14,809,141. These are dramatic achievements over a short time period that reinforce the commitment of Management to growing this company and rewarding its shareholders." The Board of Directors also approved a change in the name of the Company from GolfGear International, Inc. to GEAR International, Inc. Interim financial statements reflecting the consolidation with Western Sierra Mining Corp. as of October 31, 2011, previous assay reports from the Silver Cord and other information regarding the Company's current activities can be found at gearii.com.