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Gold/Mining/Energy : Inventus Mining Corp - IVS -- Ignore unavailable to you. Want to Upgrade?

To: StemuliteWorks who wrote (25)	4/16/2016 12:02:20 AM
From: Net Loss	Read Replies (1) \| Respond to of 728

A split is going to happen but at much higher levels. These guys are stupid !

To: StemuliteWorks who wrote (25)	4/16/2016 1:49:52 AM
From: JW@KSC	Read Replies (2) \| Respond to of 728

Well it's a little different on the OTC Most places show $0.07 Volume of 241,000 Perhaps there may have been a buy After the market closed. I was not watching My Schwab acct is showing $0.08 Volume of 522,500 Then Endurance was Up 14% on just a Volume of 2,000 Personally my GNGXF holding was up 16.78% and Endurance (ENDGF) was up 31.91% Way to early to call Consolidation or Not, as todays Price action could change up or down in a heartbeat. But I hope it's up a Few Cents by June. Most likely that will be determined by the POG in June. Will Exposure by Deutsche Bank of the Price Manipulation have an Effect on the POG by then? Will the SGE have an Effect on the POG by then? Will N. Korea or Iran do something Stupid that can't be Unwound? Will a Derivatives Package BlowUp somewhere? Then there Financial Events in Italy, Greece, Brazil, or even Venezuela have an effect? .

To: StemuliteWorks who wrote (25)	4/16/2016 9:48:51 PM
From: bostma	Respond to of 728

I just received my "Notice of Meeting and Management Information Circular" and voting form for the 5/5/2016 meeting. The common share consolidation is recommended as a "For" vote my management, of course, since it wouldn't be on the docket otherwise. The consolidation is a one for two reverse split, which as we know, and is stated in the document, "is not likely to have an effect on the actual or intrinsic value of the business of the Corporation, the Common Shares or on a Shareholder's proportional ownership in the Corporation." The motivation for the consolidation is that, "In the opinion of management of the Corporation, the current share structure of the Corporation will make it more difficult or impossible to for the Corporation to attract the additional equity financing required to maintain the Corporation or allow for the acquisition of new projects of merit." If there is an exchange requirement for a certain share price to allow a company to enter into financing and other arrangements, I don't see it here in this document, not that this means it is not the case. Interestingly, this vote merely gives the Board the authority to implement the consolidation any time before the next annual meeting, and the Board has the discretion to revoke and abandon the consolidation as well. Personally, I am not sure which way to vote. The capitalization of the company does not change, and I really doubt that any potential financing partners are so unsophisticated as to not see through this. Perhaps there aren't exchange rules, but these potential entities have rules about share price? My broker where I hold the GNGXF shares will more than likely charge me a re-organization fee for the reverse split, however, it also charges an extra fee for trading shares valued below $1, so a consolidation will mean all the sooner the shares will cross that threshold (but why not 1:20 and get it above a buck?) for the day I eventually hope to sell some shares up there.