30 Sept 2009business combination● NeutralMajor
Ahead of a change of control, the filing says Nigar Lila agreed on September 29, 2009 to sell her 4,000,000 shares (60.6% of the 6,600,000 outstanding) to Gary Tice for $250,000. At closing, no sooner than October 10, 2009, Lila and the current officers resign and Tice becomes sole director, President and CEO. New management says it intends to re-evaluate the company's mining strategy; no shareholder vote is required.