It is an ammendment to the origional of 11/4/15. S-1/A, (A=s ammendment).

Whth ammendment down ward could indicate less shares are needed to meet the result origionally needed, Phase 1. Likely Private placements IMO. Dont take my word for it as i am not an insider, just past years of investing. If the adjustment was called by JB&BOD then it is indicative of likely having met in house with some other arrangment. As the S-1/A gives us the reduction figure and the net called for, with JB&BOD telling us Phase 1 is a go, then logic demands a compliance of the origional goal,(likely), so IMO they have got a lock on the needed funding source to fulfil Phase 1 with future commitments in hand as well. That would demand the adjustment in good faith for Tangiers, and the SEC forms to satisfy their end goals as well.

Happy Black Sat and Black PC Monday! Save you money!