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OT:Crisis or Diversion

posted on Apr 27, 10 11:58PM

Dear NOT Friends

I watched the Goldman Sachs hearing on TV today as it is well covered here in the U.S. It was really quite an impressive line-up of Wall Streets best lawyers, the highest paid, brightest minds, Harvard grad types. It was quite obvious their sole intention as lawyers was to deflect any accusations against Goldie and to stymie the hearings so that the commitee member asking questions would run out of their alloted time before the next committee member got his/her turn. It just seemed like part of their plan and I wondered if they had really planned for the day when they got caught being part of or for initiating the sub-prime mess and crashing economies and ruining businesses and leaving many people homeless. Have they no shame. One look at the lawyers at this testimony and it's clear they had planned even as a contigency measure for this.

I had the other TV on CNBC watching the markets tank on "Euro worries", thinking we had just gone through this mess, although abbreviated, this turmoil soon passed and the markets rallied. Could this be another Goldman ploy, a manufactured crisis or maybe a diversion from testimony proceedings?

I believe it to be both. Goldie is in control IMO They cause the market swings and profit on every up and down. We are but small bit gamblers at their mercy to watch as "worried investors" and then to dump our shares in to their laps. I wonder how many other negative occurances they have manufactured for their greedy profits. As in today's Euro news of the S&P downgrades, and the tremendous ripple effect it will have. Really, Greece and Portugal stagnant economies will have a ripple effect? Really, to the rest of the world this is a non event in the long run. But they wan't you to believe it today so you sell. The sun will be out tomorrow, share prices rise and then the cycle will repeat. A downgrade to real economic powerhouse would concern me if it were to happen. I think Goldie has friends at the S&P and tell them what to do... really.

So we watch and wait as duped investors once again, waiting on their stock recomendations, fund pumping and other investment vehicles to make us as "shareholders" excited ... all the while knowing at what point they will be pulling the rug out from under you. Retail investors will not profit unless they are part of the Goldie inner circle, those that created the word "PROFIT".

So, I'm not buying it. Too much control. They probably control the finance media and even the guy that writes the stockwatch letter you get in you email box. To what extent can they fool you?

One thing for sure, if you own shares of NOT, YOU will PROFIT

Below is the legaleeze from the 6.7 M prospectus (PP), see how even NOT doesn't want to be responsbile for making you money! Read on at your own risk!

Risk Factors

Any investment in the Offered Shares involves a high degree of risk due to the nature of the Corporation’s business.

The following risk factors, as well as the risk factors set out in the documents incorporated by reference in this short form prospectus and risks not currently known to the Corporation, could materially adversely affect the future business, operations and financial condition and results of the Corporation and could cause them to differ materially from the estimates described in the Corporation’s forward-looking statements. Before investing, prospective purchasers should carefully consider, in light of their own financial circumstances, the factors set out below or incorporated by reference in this prospectus, as well as other information included or incorporated by reference in this prospectus (including subsequently filed documents incorporated by reference). Prospective purchasers should note in particular the risk factors set out at pages 36 to 41 of the AIF. See “Documents

Incorporated by Reference”.

The use of proceeds of the Offering is subject to management’s discretion.

Management will have discretion concerning the use of proceeds of the Offering as well as the timing of expenditures. As a result, investors will be relying on the judgment of management as to the application of the proceeds of the Offering. Management may use the net proceeds of the Offering in ways that an investor may not consider desirable. The results and effectiveness of the application of the proceeds are uncertain. If the proceeds are not applied effectively, the results of the Corporation’s operations and its financial condition may suffer.

The Corporation may sell or issue additional Common Shares resulting in dilution.

The Corporation may sell additional Common Shares or other securities in subsequent offerings or may issue additional Common Shares or other securities to finance future acquisitions. The Corporation cannot predict the size or nature of future sales or issuances of securities or the effect, if any, that such future sales and issuances will have on the market price of the Common Shares. Sales or issuances of substantial numbers of Common Shares, or the perception that such sales or issuances could occur, may adversely affect prevailing market prices of the Common Shares. With any additional sale or issuance of Common Shares, investors will suffer dilution to their voting power and economic interest in the Corporation.

15

The trading price of the Common Shares may be subject to large fluctuations.

The Common Shares are listed on the TSXV. In recent years, the securities markets have experienced a high level of price and volume volatility, and the market price of securities of many companies, particularly those considered development stage companies, have experienced wide fluctuations in price which have not necessarily been related to the operating performance, underlying asset values or prospects of such companies. There can be no assurance that continued fluctuations in price will not occur, which may result in losses to investors.

The trading price of the Common Shares may increase or decrease in response to a number of events and factors, including: the Corporation’s operating performance and the performance of competitors and other similar companies; volatility in metal prices; the public’s reaction to the Corporation’s press releases, other public announcements and the Corporation’s filings with the various securities regulatory authorities; the failure of the Corporation to meet the reporting and other obligations under Canadian securities laws or imposed by the TSXV; changes in recommendations by research analysts who track the Common Shares or the shares of other companies in the resource sector; a reduction in coverage by such research analysts; changes in general economic and/or politicalconditions; the arrival or departure of key personnel; and acquisitions, strategic alliances or joint ventures involving the Corporation or its competitors, which, if involving the issuance of Common Shares, or securities exercisable or exchangeable for or convertible into Common Shares, would result in dilution to present and prospective holders of Common Shares. In addition, the market price of the Common Shares is affected by many variables not directly related to the Corporation’s success and are, therefore, not within the Corporation’s control, including other developments that affect the market for all resource sector securities, the breadth of the public market for the Common Shares, and the attractiveness of alternative investments.

Securities class action litigation often has been brought against companies following periods of volatility in the market price of their securities. The Corporation may in the future be the target of similar litigation. Securities litigation could result in substantial costs and damages and divert management’s attention and resources.

The Corporation has never declared or paid any dividends.

The Corporation does not have a dividend policy and has never declared or paid any dividends to its shareholders.

The Corporation intends to invest all available funds toward the development and growth of its business and does not expect to pay any cash dividends for the foreseeable future. The payment of any cash dividend to shareholders of the Corporation in the future will be at the discretion of the directors of the Corporation and will depend on, among other things, the financial condition, capital requirements and earnings of the Corporation, and any other factors that the directors of the Corporation may consider relevant.

The Corporation has no history of revenue generation.

To date, the Corporation has not recorded any revenues, other than interest income and investment income, and has no dividend record. The Corporation has also not commenced commercial production on any property. There can be no assurance that significant losses will not occur in the near future or that the Corporation will be profitable in the future. The Corporation’s operating expenses and capital expenditures may increase in the future as consultants, personnel and equipment costs associated with advancing exploration, development and commercial production of the Corporation’s properties increase. The Corporation expects to continue to incur losses unless and until such time as it enters into commercial production and generates sufficient revenues to fund its continuing operations. The development of the Corporation’s properties will require the commitment of substantial resources to conduct time consuming development. There can be no assurance that the Corporation will generate any revenues or achieve profitability.

The interest of holders of Common Shares is subordinate to certain other interests.

In the event of a bankruptcy, liquidation or reorganization of the Corporation, creditors will generally be entitled to payment of their claims from the assets of the Corporation before any assets are made available for distribution to the shareholders. The interest of holders of Common Shares will be effectively subordinated to most of the other indebtedness and liabilities of the Corporation.

Did you make it through?, if NOT, I am not responsible for that! Due your own DD.

Not investment advice or other contained in this post. For entertainment reading only. Contact your Hub leader to see if you earned points or lost them. They can clearly explain this with the help of their legal department. LOL

NOT is King! Don't be a Goldie-trog. Hold 'em if you got 'em.

mynot