Each one in plain English, with the numbers worked through for a shareholder.
14 Apr 2026debt financing▼ BadMajor
On April 8, 2026 the company signed an Interim Promissory Note with Lode Star Gold (LSG), which the filing calls its largest shareholder and largest current debt holder. LSG has lent $74,811.50 as of March 30, 2026 plus further amounts after the filing, at 15.0015% a year (0.0411% daily, compounding) from April 1, 2026, maturing March 31, 2028, and is secured by the company's "Alpha-Optimus" project intellectual property (trademarks, copyrights, patents, trade secrets, software, goodwill). LSG filed a UCC-1 claim on that IP in Texas on April 1, 2026. This is new borrowing from the Walmesley-family-linked lender, and it gives LSG a claim on the company's software IP ahead of other holders. The filing does not say how the "Alpha-Optimus" project relates to the FinTradeSherpa software bought in 2025. The full agreements are not yet filed, only promised for an amendment or the next periodic report.
26 Jan 2026capital raising announcement● NeutralMajor
The company (now FinTrade Sherpa, Inc.) says it actually issued the 227,000,000 shares for the February 2025 software asset purchase on Jan 23, 2026, with 351,054,600 shares outstanding afterward. Lonnie Humphries, spouse of sole officer and director Mark Walmesley, is shown holding 29.01%. A press release says the first software development phase is mostly complete and beta testing is next; this is management's statement, not a result, and no revenue is reported.
14 Feb 2025asset acquisition disposition● NeutralMajor
On Feb 14, 2025 the company closed a deal with Tarka L'Herpiniere to buy AI-related software and technology intellectual property (to be named "FinTradeSherpa") in exchange for 227,000,000 new common shares, a large dilution of existing holders. It also took an exclusive license from Predictive Technology for $440,000 payable at $5,000 a month, agreed to pay Arcterix $123,000 after an equity financing of at least $200,000, and converted $169,644.71 owed to LSG into 1,357,158 shares. The filing says the company has had no operations since the 2022 settlement with LSG, so this is a move from mining into software.
The company engaged Davidson & Company LLP as its new auditor, approved Jan 2, 2025 for the year ending Dec 31, 2024, replacing Smythe LLP. This resolves the auditor vacancy from December 2024.
On Dec 10, 2024 the auditor Smythe LLP told the company it was stopping audit services because of a change in its policy for SEC registrants. Smythe's reports for 2023 and 2022 had no adverse opinion but included a going-concern doubt, and the filing states no disagreements; the company was seeking a replacement.
13 June 2022asset acquisition disposition▼ BadMajor
On June 6, 2022 the company and Sapir rescinded the December 2021 EGCG asset purchase and royalty agreements, because the company was unable to develop the business as contemplated; the filing says the preferred stock had not been fully issued and no royalty payments had been made. On June 8, 2022 the roughly $2.224 million debt to LSG forgiven in January was reinstated, and the company converted $2,601,207.55 of debt owed to LSG, Lonnie Humphries and Mark Walmesley into 70,302,906 new common shares at $0.037 per share (LSG received 62,769,918 shares). This reverses both the Sapir deal and the January debt forgiveness, and dilutes existing shareholders.
14 Jan 2022asset acquisition disposition▲ GoodMajor
On Jan 14, 2022 the company and Lode Star Gold (LSG) terminated the Goldfield Bonanza option. The company returned its 20% interest in the property, and LSG forgave all amounts owed under the option, including about $2.224 million in accrued, unpaid penalty and other payments; LSG keeps the 35,000,000 shares it received in 2014. This resolves the option and the debt owed to LSG that had been open since 2014/2019 (later reinstated, see the June 2022 filing).
3 Jan 2022asset acquisition disposition● NeutralMajor
On Dec 28, 2021 the company (then Lode-Star Mining) bought from Sapir Pharmaceuticals its assets for a stabilized EGCG molecule formulation intended for pharmaceutical development, paying with one million Series A Convertible Preferred shares valued at $1.00 each. Each preferred share converts at 450 preferred to 1 common share and carries 450 votes per share; the company also agreed to pay Sapir a 5% royalty on gross revenues from the business. This is a new direction away from the Goldfield Bonanza mining option.
The company and its controlling shareholder LSG amended the Goldfield Bonanza option: the 60% option is split into two 30% options (to reach 50%, then 80%), each requiring a $5 million NSR royalty payment, so the total price for that 60% rises from $5 million to $10 million. The first step also requires repaying LSG's loans and advances and accrued penalty payments, and the amendment acknowledges amounts owed to LSG as of September 30, 2019. This continues the 2014 option and makes full 80% ownership costlier.
The company dismissed MaloneBailey and re-engaged Morgan & Company as auditor, reversing the 2015 switch. MaloneBailey's reports for 2015 and 2016 carried a going-concern doubt, and it had flagged a material weakness in internal controls tied to the company's small staff and lack of independent directors or an audit committee.
Management concluded the 2015 annual and March 2016 quarterly financials can no longer be relied on, because mineral option fees owed under the option agreement with its majority shareholder (LSG) were not accrued: $123,913 unrecorded at December 31, 2015 and $148,901 at March 31, 2016. Restated reports are to be filed, and the company expects to find a material weakness in internal controls; LSG has deferred the fees to January 18, 2017.
Now filing as Lode-Star Mining, Inc. and headquartered in Texas, the company replaced its auditor Morgan & Company with MaloneBailey of Houston, citing the move to the US. Morgan's reports for 2013 and 2014 had no disagreements but included a going-concern doubt.
The company settled $57,450 of debts to creditors by issuing 1,149,000 shares at $0.05 each. This pays debt with stock rather than cash and adds shares to the count.
The Goldfield Bonanza deal closed on December 11, 2014: the company issued 35,000,000 shares to Lode-Star Gold (LSG), got a 20% interest in the property and an option on 60% more, and LSG became its controlling stockholder (accounted for as a reverse acquisition). Robert Baker resigned as President/CEO (Mark Walmesley took those roles; Baker stays Secretary and director), and a settlement ended Baker's Woodburn consulting agreement, with $20,250 still owed to him. The company says it was a shell before this deal.
The company signed an option agreement with Lode-Star Gold, Inc. on the Goldfield Bonanza property in Nevada. Issuing 35,000,000 shares (deemed $0.02 each, $700,000) earns a 20% interest; a further 60% (80% total) requires funding all property expenditures and paying LSG $5 million via a net smelter returns royalty.
The company ended its letter of intent with SignalChem Lifesciences Corporation (announced July 18, 2012). It also closed a second private placement tranche of 1,407,500 shares at $0.20 for $259,750, bringing the total to 1,705,000 shares and $319,250. The filing does not mention the earlier Cormack deal.
What it means for a shareholder
1.4m new shares at $0.200 to raise about $259,750. That's 12% dilution: every existing holder's slice gets 12% smaller. If you held $1,000 of shares (5,000 at the issue price), your slice goes from 0.0505% to 0.0442% of the company. To keep it you'd need 711 more shares - about $142 at the issue price.
The company signed a 48-month consulting agreement, effective January 1, 2012, with Woodburn Holdings (owned by controlling shareholder Robert Baker). Woodburn supplies Baker as CEO, COO, CFO and Secretary for US$90,000 a year ($7,500 a month) plus expenses.
Robert M. Baker, a director since inception, took over 2,500,000 shares from West Peak Ventures of Canada for $25 through his company Woodburn Holdings. He now beneficially owns 5,000,000 of 6,250,000 outstanding shares (80%), giving him control. Note the outstanding count of 6,250,000 is much lower than the 25,000,000 shares the Cormack deal would issue (inference: share structure changed or the Cormack deal is no longer the plan; the filing does not say).
The non-binding Cormack letter of intent became a definitive purchase agreement: 25,000,000 shares to the Cormack holders plus $150,000 cash to its Mexican subsidiary ($75,000 already advanced, $75,000 due by closing). If the deal does not close, the cash is treated as a secured demand loan at 5% a year; closing still depends on due diligence, approvals, two board nominees and an interim financing.
The company borrowed US$75,000 from an offshore lender for 45 days at 10% per year, and agreed to issue the lender 250,000 shares plus register their resale. The money is meant for acquisitions and working capital; this matches the $75,000 deposit called for in the Cormack letter of intent (inference: it funds that deposit).
The company (filing under the name International Gold Corp.) signed a non-binding letter of intent to buy Cormack Capital Group LLC, whose Mexican subsidiary holds mining concessions (the Huizopa Properties, about 15,980 hectares) in Chihuahua. The price is 25,000,000 new shares plus $150,000 cash to the subsidiary, $75,000 of it as a deposit that becomes a secured demand loan if the deal does not close; closing depends on due diligence, approvals, two board nominees and an interim financing, and the filing says there is no assurance it will complete.
