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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC.

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To: Spamboy who wrote (1909)4/20/1999 9:31:00 AM
From: Jeffrey S. Mitchell  Read Replies (2) of 4128
 
*** From Madagascar -- ABFG has no properties there!

This is a quote:

"World Gem Corporation - The Ministry (of Energy & Mines) decree No. 1945/99 dated 24 February 1999, decreed that 34 perimeters in the name of World Gem Corporation has been cancelled from date hereof.

Saowani Development - does not have any perimeter registered in their name. Saowani used to have a joint venture with a company called Madagascar Primary Sector (MAPS) and MAPS had a joint venture with another company. The Minister has never approved any of the ventures.

Furthermore, MAPS perimeters were cancelled by the Ministry a few months ago, thus MAPS does not own any perimeters in Madagascar.

In conclusion, ABFG does not have any perimeter in Madagascar, directly or indirectly."

- Jeff

P.S. I do hear from another source that ABFG has been looking to buy through an indirect manner. However, it is apparent that their only press releases related to mining claims are now renedered meaningless.
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