|Meet Mr. Harry Barr of ultra long career pitching VSE paper to the dopey masses. Its one wicked track record but we are most interested in his latest and greatest active promo dopo for utter dum dums ... Fire River Gold.|
How shall we begin? Lets examine how this flaming junker was first capitalized, that explains much in how to acquire ultra cheapo paper and get a Venture Exchange promotion rolling.
|On 19 June 2008, the Company issued 4,300,000 common shares of the Company at .001 per common share for cash proceeds of $4,300. (These are your ultra cheap principal seed shares and are escrowed for a specified period)|
|On 19 June 2008, the Company issued 1,950,000 common shares of the Company at .10 per common share for total proceeds of $195,000.|
|On 19 June 2008, the Company issued 1,580,000 common shares of the Company at .20 per common share for total proceeds of $316,000.|
|On 21 May 2009, the Company completed its IPO of an aggregate of 1,543,100 units at .30 for gross proceeds of $462,930.|
Alrighty then. We got a sponsor brokerage lined up,and a very few connected retail dopes are given a crack at the rock bottom IPO paper. This is the good stuff and only the priviledged and loyal few are allowed in, unless its a few shares dribbled out here and there to insure the proper number of names required for distribution.
TORONTO, ONTARIO--(Marketwire - May 29, 2009) - CNSX Bulletin 2009-0511. The common shares of Fire River Gold Corp. have been approved for listing on CNSX. Following an Initial Public Offering of 1.54 million units at a price of $0.30 per unit, there are approximately 9.8 million shares outstanding with a public float of 4 million shares.
We need to keep an eye on those outstanding shares moving forward, because creating "wealth" is all about juicing the fully diluted (F/D) market capitalization ... the outstanding shares multipled by share price. The goal, of course, is to juice those outstanding shares (O/S) stupid while hopefully maintaining a decent share price (S/P) to entice more suckers at ever higher levels.
We got our junker listed and now its time to clean up the public float. This means we will show zero buying support and suck up any and all paper the non-believers get tired of holding. Usually there will be little to no news released and often there will be relatively large offers showing in the market. The goal here is to convince those we HAD to give our nifty paper to, to put that paper back in our hands, because we got big and ultra secret plans for world domination.
2009-09-08 - News Release
Mr. Harry Barr reports - Fire River Gold Corp.'s president and chief executive officer, Harry Barr, purchased 5,000 common shares of the company on Sept. 4, 2009, through the facilities of the Canadian National Stock Exchange at a purchase price of 35 cents. Mr. Barr now owns directly and indirectly a total of 4,455,001 common shares which represents 29.7 per cent of the company's issued and outstanding shares.
|+ On 27 July 2009, the Company completed the first tranche closing pertaining to its non-brokered private placement and has issued 4,934,044 units at .30 per unit.|
|+ On 16 September 2009, the Company completed the second tranche closing pertaining to its non-brokered private placement and issued 1,973,673 units at .30 per unit.|
|+ On 29 September 2009, the Company completed the third tranche closing pertaining to its non-brokered private placement and issued 2,464,000 units at .30 per unit.|
|+ On 22 October 2009, the Company completed the fourth tranche closing pertaining to its non-brokered private placement and issued 3,264,039 units at .30 per unit.|
|+ On 10 November 2009, the Company completed the fifth and final tranche closing pertaining to its non-brokered private placement and issued 438,000 units at .30 per unit.|
It took a while but we finally managed to lasso enough live ones to fill the treasury and take the next step in our grandiose plan to conquer the dopes of the world.
FIRE RIVER GOLD CORP. ("FAU") BULLETIN TYPE: New Listing- DATE: November 11, 2009 TSX Venture Tier 2 Company
Effective at the opening Thursday, November 12, 2009, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'Exploration/Development' company.
The Company is presently trading on the Canadian National Stock Exchange.
Capitalization: Unlimited common shares with no par value of which 29,623,857 common shares are issued and outstanding Escrowed Shares: 5,418,001 common shares are subject to staged release escrow
We gots the money, we gots the exchange listing we were after all along, and we gots the float in relatively friendly hands. Now we need to juice SP and get more money at ever higher levels. We now need to promote this chit worthless paper.
Nov 16, 2009 - Fire River Gold Corp. Joins AGORACOM and Launches Online IR and Marketing Program.
Fire River Gold Corp. ("FAU" "Fire River Gold") (TSX VENTURE:FAU) is pleased to announce it has retained the services of AGORACOM Investor Relations ("AGORACOM") (http://www.agoracom.com) to provide online investor relations services, a Web 2.0 social network for current shareholders and Tier-1 awareness through the world's biggest websites for the purpose of attracting new shareholders.
|El Nino Ventures Inc (TSX-V: ELN)|
Fire River Gold Corp. (TSX-V: FAU)
Next Gen Metals Inc. (CNQ: N)
Pacific North West Capital Corp. (TSX: PFN)
|+ On 21 December 2009, the Company completed the first tranche pertaining to its brokered private placements with Loewen, Ondaatje, McCutcheon Limited as lead agent and M Partners Inc. and Macquarie Capital Markets Canada Inc.and issued 6,000,000 units at .50|
|+ On 18 March 2010, the Company completed the second and final tranche pertaining to its brokered private placements with Loewen, Ondaatje, McCutcheon Limited as lead agent and M Partners Inc. and Macquarie Capital Markets Canada Inc. and issued 490,000 units at .50|
|+ 17 May 2010, the Company announced that it has now completed its first tranche of its non-brokered private placement and accordingly has issued a total of 9,063,750 units at a price of .40|
|+ 26 May 2010, the Company announced that further to its news release dated 4 May 2010, the current non-brokered private placement has been oversubscribed and the Company issued an additional 582,250 units at a price of .40 per common share to raise $232,900.|
FAST FORWARD to June 2010 and fully diluted shares outstanding is 66,815,298, and we ain't even close to being done yet.
"Further to Fire River Gold Corp.'s news in Stockwatch June 18 and June 22, 2010, the company has now completed its non-brokered private placement and accordingly has issued 11 million units at a price of 50 cents per unit for gross proceeds of $5.5-million.
On July 31, 2010 the capitalization was reported by Fire River Gold.
|Issued and outstanding||59,601,931|
Multiply that number by share price and this Barrian wonder is suddenly capped north of $ 50,000,000.