By the way, instead of posting on Boards why not just place a call to the company? You and other that are looking for answers should register for the Conference Call? If fact, the right questions would have been what is going on with the company? We are hoping that prior to us making a push in publicity of our company and promotion of our stock the investors that are in for a quick buck will sell out, at this point the price point at which they sell is not important. There have been demands for PR. We are not here to make PR for benefit of quick in and quick out investors. We will issue national PR when it is worthwhile to do so. In fact, our experience has been that when we do issue PR (national) our stock falls in price. Each time we "throw you a bone" to the shareholders we had inherited from the previous management, it costs us almost $1000.00. All current shareholders who are trading in our stock and posting on these boards are the original shareholders. No current shareholder had purchased any stock from us. None of the current investment had gone into the company coffers. In fact, at this point a demanding shareholder base is the least of what we need. Some shareholders are threatening to whack our stock back to $0.0001 if we do not comply with their demand for publicity. Please be advised that the company's board of directors have a standing policy to purchase all stock that becomes available at the price of $0.0020 or below. We would welcome such an opportunity.
A constructive approach for an interested shareholder that wants the company to succeed would be to offer to buy some treasury stock. If enough shares are owned by a block of such as shareholders then they would be eligible for a seat on the Board of Directors to represent such a Block of Investors and would then have a say in the company day to day policy as well as the firsthand knowledge of our investment policy and what the company owns.
To remind everyone this company traded as $0.0001 when we took over on July 20, 2012 in fact, it has been less than 8 months that we had been in management. "Rome" was not built over night. We are trying to make the company work, into which we had invested significant time and money. We are not ready yet for the PR campaign to market the company when we will be ready we will let everyone know. For those of you who can't wait then sell your shares now, this is a long term investment not a short term flip. We are not like other Penny Stock companies. We are not interested in pumping the stock to sell our free trading shares. In fact, we are holding on to every share we have. We see this company as our retirement fund and not a quick get rich scheme. For anyone who does not agree with our philosophy, it’s a free market get out of our shares and go someplace else.
I will give you a very brief update, not because I feel we owe you but because some of you really do care about the company. MIHL is working on various ventures we are not just sitting there doing nothing. Everything takes time. I will tell you the following information that is being given to private placement investors:
1. Gold Mine in Peru deal has closed. We are currently seeking private placement investment of US$2.0 million to start operations; we hope to have the funds raised within the next 3 to 4 months and to start operations in 6. Proven reserves are over $60 million from only 5% of the claim. You guys can do the numbers yourselves.
2. We are working on our financials under our new CFO.
As a favor I will provide you with a link to dropbox documents for:
Gold Mine which show that we own the gold mine and full description of same. Since this is a link we are making available for potential investors. https://www.dropbox.com/sh/zpaupu89xvy9ouy/z7MqXk5CVN
Now we ask that some of you stop sending rude and distracting emails and let us do our work in peace. Remember NONE OF YOU INVESTED WITH US - WE INHERITED YOU!!!
