Paragraph 4 of my previous message was edited incorrectly. It should read as follows:
I have a specific interest in the possible acquisition of Brush Creek. I am in the process of acquiring a private company in the mining business. I am planning to merge them with a public shell and list them on NASDAQ National Market. They are fully qualified. I already control a shell company that I was planning on using. I believe that Brush Creek might be a better opportunity for two reasons. 1) They have a $42 million tax loss carry forward that might be capable of being used by my proposed acquisition. The private company is in the sand, gravel, and limestone mining business. 2) Brush Creek is currently listed on NASDAQ Small Cap Market. My shell is currently trading on the NASDAQ Electronic Bulletin Board. If I can quickly determine whether it is feasible to solve Brush Creek's immediate problems, and save the company from being de-listed, I would rather vend the assets of the private company into a to-be-formed subsidiary of Brush Creek, subject to meeting the maintenance requirements of continuing to be listed on NASDAQ SCM or National Market Exchange.
Obviously, if the company has to file bankruptcy, this is less desirable, however, not altogether unacceptable. The company could file a Chapter 11 and withdraw the petition after it has had a few weeks to solve its problems, rather than proceed through a lengthy approval of a plan of re-organization. Trust me. I have completed 22 mergers and acquisitions, and several bankruptcy reorganizations. If it can be done, I am the person who can get it done. If there are too many problems that the parties do not want to settle, I will let you know.
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