For Serious Inquiry On Aladdin Green Gold Processing Call 516-771-0636 or email r.lembo@aladdinseparation.com
Company office
400 Trade Center, Suite 5900, Woburn, MA 01801
Stamp Program Objectives
In order to address the global mercury problem, Aladdin has developed the Strategic Abatement of Mercury and Poverty (STAMP) program. This program is designed to induce artisanal and all mercury mining users to adopt Aladdin's highly efficient mining technologies. The fundamental strategy looks to illustrate the economic advantages of HGP to the miners. Although being able to provide a safe work environment , safety benefits alone are not sufficient to convince indigent miners to abandon mercury processing. Ultimately, the success of the program must rely on its ability to provide the miners with a greater level of income than what they are able to derive when using mercury. The broad objectives of the STAMP Program are as follows:
1. Employ as many artisanal miners as is possible while maintaining the economical integrity of the program.
2. Work to eliminate the use of mercury when extracting gold in the customary artisanal alluvial concentrates and hard rock deposit areas.
3. Increase artisanal miner wages above the national average and provide bonuses based on gold revenues.
4. Create new employment opportunities and provide training for higher paid jobs in the trades, management, administration, accounting, mining, geology, process engineering, and attendant disciplines.
5. Provide a humanitarian fund to benefit the miners and their families.
6. Convert sites to farming land or forestry after gold is depleted from the properties.
7. Attract artisanal miners to proven gold reserves set aside by large scale mining companies and / or the government.
8. Make a profit for all stakeholders
Aladdin's Pledge To Social Responsibility
Aladdin's Pledge To Social Responsibility
Aladdin Technologies Inc. is dedicated to bringing environmentally friendly processes to host countries so that mineral wealth can be extracted in a way that does not endanger local ecosystems or the health of native people. This interest - coupled with a commitment to mutual respect and a close involvement with all stakeholders - is behind the company's drive to help the government and citizens of countries achieve maximum benefit from their mineral resources. We also recognize that shareholder interests are best served when - based on our ethical treatment of indigenous people and sensitivity to environmental issues - countries actively seek out business relationships with the company.
Social responsibility is not simply an abstract concept, but rather, a realistic moral command and business strategy. Aladdin will do whatever is reasonable to help the communities of people around the world with which it interacts. Therefore, to disregard the tenants of mutual respect and fair trade would not only be morally corrupt, but it could also damage shareholder value in company mineral endeavors. Aladdin endeavors to be a leader in the way in which it brings obligations of social responsibility to its business enterprises.
ALADDIN BLOG
Monday, August 22, 2011
stocks
Would you tell us about Haber stock? How many shares of preferred and common are there? And of those how does it break down as far as authorized, outstanding, and restricted? What is the float? (I am not really sure I know what that means.) Also can you tell us about outstanding options to buy shares at a certain price.
Subscribe to:
Post Comments (Atom)
6 comments:
I have been a haber shareholder for more than twenty years and would like to know more about the preferred shares that are outstanding. I would be willing to buy a new class of convertible preferred if it could help get this technology going. Benji
Any questions about capital investments should be directed to the company at 781-643-2727.
There are 230M authorized shares. Authorized shares can only be increased with shareholder approval.
There are approx. 220M shares outstanding with approx. 20M Warrents. The Float is the amount of unrestricted shares, (like yours), available for trading on the open market. So the float is the outstanding minus the warrents, or approx. 200M now or 220M when the warrents are exercised.
There are approx. 160K shares of treasury stock(preferred).
al Conti and Peter D'Angelo own approx. 28M shares which cannot be traded unless notice is given.
Do you need stockholder approval to issue new shares of treasury stock?
No. You do not need stockholder approval to issue treasury stock.
Are there any plans to issue more shares of preferred stock as a source of funding or compensation? How do you set the price and to whom would it be made available? When would the existing shareholders be made aware of any such decisions?
Post a Comment