Sasamat Capital Corp (Formerly Bresea Resources) Message Board

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Gold/Mining/Energy : Sasamat Capital Corp (Formerly Bresea Resources)

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To: Bob Fairchild who wrote (15)	2/23/2006 6:10:27 PM
From: laker2000	Read Replies (2) of 96

Suprised to find a board on this company...I also received some share certificates....they state they are a distribution...so not sure if that is part of the settlement or they are just being kind and giving us a year end distribution....the settlement was supposed to occur in jan/feb 06....there is a number for the service that was handling the canadian side ...bdo dunwoody...1-604-443-4700 ...Lloyd Murphy...the hearing date was jan. 09/06...there was another board that seemed to dissapear...it was more a blog that I found by running a search on the co....it stated that we hold alot of shares in some co.....based on the share value ,sasamat was supposed to be worth in the 12 dollar range....I book marked it but now it doesn't show up....poss the way this was figured ...if you owned bresa...it was determined that bresea shares where worth .26 can at the time...no matter what you paid...so that value times the number of shares would determine your buying power for a swap of sasamat...at the time they ran sasamat up so made it even worse...ie...if you bough 1000 shares of bresa at $5 equals $5000....well that is reduced to 1000 times .26 equals $260.00....depending on where sasamat sat at the time...it would get you many sasamat shares....otherwords it looks like they carried the f'ing on thru.....anyhow this is how I see it and I'm not sure if I'm right......with a pink sheet co. not sure what it will take to get value...but they do own a truckload of shares in some company so unless they make that dissapear...ya never know maybe it will get to the 12 one day...i long ago resigned myself to use this as as*wipe before I give it to them for this money...so really I consider it a writeoff long ago so I'll wait and wait and wait........if I hear anything up here in canada i'll post....btw...if you are canadian and got screwed royally by having this in your rrsp and not even getting to claim the loss...beware that now this is an otc us stock and is illegal to hold in an rrsp account in canada...the good gov't will fine you a a percentage of the BOOK value if they find out...so you have to buy it out at face value with cash or stock...ha and pay the boys at tjhe bank 35 bucks to do it.......it never ends....lol...take care ck

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