for a takeout at $1 the takover co must be frends of the $50,000 an oz gold promoters.
did you read page 56 of the annual report- Promissory note and interest $136,581,593
and that is befor the $50,000,000 bond. The more i check this co out the more it looks like the insiders and directors want to put this company in recievership befor you find out what is acutualy goin on with this co.They have nothing to loose and a very large compensation package as a result.