To facilitate the ongoing review of its Form 10, $RITE just filed amended financial statements reflecting revised acquisition accounting treatment following discussions with SEC Staff. https://t.co/UGuarzcNWQ #MineralRite#RITE#InvestorRelations#OTCMarkets#RITEplace#RITEtime
Well, would you look at that! ๐๐๐
$250M paid for 26.5% of $RITE ๐ฎ
That would mean that Lloyd from Abstract Concepts 1618 LLC believes that the market value of @Mineralrite should be at least $943,396,226 or in otherwords, essentially >= $1 BILLION!!! ๐ฅน
These types of large investments are typically done with an expectation of a minimum of 5-10x ROI, often more like 20x. This would mean it is very reasonable for Lloyd to believe the true value of $RITE is $5 Billion - $10 Billion or more. ๐ฐ๐ฐ๐ฐ๐ฐ๐ฐ
Lloyd would know... he is a LONGTIME associate of NMC. He is likely excessively knowledgable about what is in the ground. And he even paid NMC a 44% premium above their original basis. ๐คจ๐
So, Lloyd likely knows intimately what's going on with Skull Valley property from relationship with NMC and he is a consultant & longtime friend with $RITE, so probably knows more about their dealings and timeline than the public. Then he decides to drop $250M on $RITE stock. ๐ง
Do yourself a favor and follow this man's lead!!! ๐ค๐คฉ
For us regular shareholders, these expectations would equate to around $1+/share based on curernt Share Structure. ๐ค This falls right in line with the projections I derrived from my Skull Valley Projection Spreadsheet ๐
https://t.co/bfObgqY6pA
I do think this information will be a signal to many potential buyers on the fence that it is GO TIME! ๐ข๐
NMC board didn't have the PAYtience, will you? ๐
LET'S GO!
The PR by @Mineralrite should excite us shareholders! ๐คฉ
https://t.co/TH5z08MVhU
Abstract Concepts is a paid consultant who is familiar with happenings of the company that we might be less aware of. The fact that Lloyd Hendricks (with the knowledge he possesses) sees $RITE to be worth investing such a considerable amount into, while also believing in management so much as to eliminate the opportunity for Abstract to gain control of company governance.
In addition to supporting our belief that this investment has INCREDIBLE VALUE, the purchase of NMC's shares by Abstact also eliminates the possibility for NMC's market selling at inopportune times, and instead places these shares in the strong hands of someone who appears to be very much a "friendly". These friendly's tend to look out for shareholder and company interest, rather than selling at the earliest or most convenient time. ๐โ๐๐ค
I think this deal will lead to much smooother sailing in $RITE's future. โต๏ธโบ๏ธ
I expect that this news will have a noticeable effect on stock price, but we'll see how much investors are paying attention. ๐ง
So a consultant and the ones funding $rite short term working capital just purchased ALL of the NMC preferred shares and warrants that has an implied value of $172.5 million.
Abstract concepts likely knows every single thing going on within the company and below the ground.
That is not chump change and should pretty much tell you all you need to know.
$MVCO has filed its Quarterly Report for the quarter ended September 30, 2025.
PR out tomorrow premarket with the headline: Metavesco Quarterly Net Income Soars to $1.78 Million on Crypto Gains
Cheers.
https://t.co/1CRclzE342
Days ago, @JaviLeal89 posted uplisting $GTVH was his โnext targetโ if he could identify a viable path to do so. He then reminded us getting $GTVH over .01 was the first step. Today, we learned he has acquired another company already trading over .01 $SNTX. ๐ค
Over the last 48 hours, there has been a lot of chatter and speculation, so I want to speak directly to our shareholders.
My focus remains entirely on Golden Triangle Ventures $GTVH and the continued success of our mission. Every decision I make is rooted in protecting what weโve built, strengthening our position, and continuing to grow in a sustainable, disciplined way. The progress weโve made is real, and the foundation weโve built is solid.
As many have seen, I have personally acquired $SNTX. This move was made thoughtfully to expand our foundation and open new opportunities that will ultimately benefit our shareholders, future operations and partnerships.
Over the coming days and weeks, youโll see developments that directly benefit our shareholders, creating a structure designed for lasting value and continued growth.
I understand that change can create questions, but please know we have a plan, and every step is made with precision. My goal remains the same: to build lasting value our shareholders can be proud of.
The vision to uplist is stronger than ever. To reach that goal, weโll continue making the necessary moves that align with our future and the incredible movement weโve built.
Stay tuned for progress. Once again thank you for the continued support.
And to the uplist talk. Yes, thatโs my next target. I truly believe what weโre building isnโt meant for the OTC, and weโre ready to make that move the moment we see a path is even slightly possible. $GTVH
The Facts:
1. Dilution is non existent in the company.
2. The company hasnโt and isnโt going to convert any shares during this process.
3. 2B shares are not in the market.
4. I donโt and never had any common shares in the market. I hold Preferred F&G.
5. Thereโs no past management involved at any level.
6. Nothing has changed. Business fundamentals & operations are full steam.
Some advice, If you have questions about operations or developments feel free to DM me directly with logical and productive questions.
New accounts and bashing accounts will start being blocked from my personal account regardless if youโre a shareholder. You can contact [email protected] for information or inquires.
That being said. Iโm not here to play games. Weโre working extremely hard for our future. Thank you to our real investors for the continued support. The future is ours $GTVH