Our Approach
Corporate Information
OTC Trading Symbol: PDIV
CUSIP Number: 38013E203
Directors:
SHANE SCOTT PRESIDENT & CHIEF EXECUTIVE
RONALD YADIN LOWENTHAL, EXECUTIVE CHAIRMAN
Fiscal Year End Date: September 30
SIC Codes: The Primary SIC code for the Company is 1000-Metal Mining; with a secondary SIC code of 1040 – Gold and Silver Ores.
Not a Shell Company
The issuer is not considered a “shell company” pursuant to SEC Rule 405 of the Securities Act of 1933.
Parent, Subsidiary or Affiliated Companies:
The Company has no parent, subsidiary or affiliated companies.
Our Approach
We treat everyone with dignity and respect. We seek to preserve each person’s dignity and sense of self-worth. We must make sure decisions affecting employees are based on business factors only.
Capital Structure
Authorized Share Capital:
500,000,000 shares of Common Stock.
Par Value: $0.00001
Preferred Stock:
No Preferred Stock has been authorized.
Number of Shares Outstanding as at October 29, 2012: 203,133,470
Free Trading Shares as at October 29, 2012: 8,159,332 – Deposited in the DTC.
This excludes unrestricted shares of Common Stock held in certificate form.
The Company will update the number of shares deposited with the DTC on an ongoing and
immediate time basis with both the OTC Markets and on this web site.
Warrants and Options
There are no warrants or options outstanding to acquire any additional shares of common stock.
Proposed “Cap” on the Number of Outstanding Shares of the Company’s Common Stock The Directors of the Company do not wish to increase the number of shares of the Company’s Common Stock. To that end, they have secured agreements from the holders of Convertible Loan
Notes issued by the Company, not to convert these Notes at this time. All of the holders of these Convertible Loan Notes are significant stockholders in the Company; conversion of any of these notes would be contrary to their interests, which are aligned with the Company’s Management.
The Company will address the instruments planned for (a) cash raising and (b) acquisitions in separate paragraphs hereunder.
Should the Company be presented with an extraordinary opportunity to increase the value of the shares of Common Stock, it would under those circumstances, consider the issuance of additional but restricted shares of the Company’s Common Stock.