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American Copper Corp (AMCU) – updated research report – now Black River Petroleum Corp (BRPC):

27 Jul American Copper Corp (AMCU) – updated research report – now Black River Petroleum Corp (BRPC):

 

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We first researched the American Copper Corp (AMCU) ticker back on January 5, 2013 while the ticker was still known as Farmacia Corp (FCIA).  The ticker had all the basic signs of a future paid promotion ticker.  Since that date several new developments have occurred and AMCU might finally be getting close to becoming actively traded so we decided to do an updated report for the ticker.  The following is some of our original research from January 5, 2013 followed by all the updated information since that time.

 

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On December 28, 2012, Farmacia Corp (FCIA) filed an 8K announcing a change of control, name change to American Copper Corp, and a 33:1 forward split. Since no FCIA shares have traded yet and all shares are still insider owned, this is usually a pretty sure sign of a future pump&dump in the making. A closer look at the shell shows that FCIA has been following the most basic p&d pattern possible and is probably a sure bet for a future paid promotion.

 

The Basic Steps:

1) Nevada Business Entity

FCIA was set up as a Nevada business entity on October 26, 2009

2) Nominee Foreign Officer with no experience

FCIA planted a 26 year old named Irina Cudina as the nominee CEO to take the shell public. Irina had absolutely no experience that qualified her for the position

3) Forward Looking Business Operation Never Meant to Succeed.

To get approval for the S-1 filing to go public, FCIA touted a plan to open a chain of pharmacies in Kishineu and other cities in Moldova

4) Hire an attorney with past experience taking future p&d shells public

To help take FCIA public, the anonymous insiders that really control the FCIA shell hired Richard O. Weed. Richard O. Weed can also be linked to LVVV, VIZS, EDVP, BTDG, US Farms Inc (now revoked), and many others.

5) Issue shares to anonymous seed shareholders raising far less money than is needed to achieve the forward looking business plan

After getting approval for the S-1 filing, FCIA sold 1,000,000 shares for $.04/share to some anonymous seed shareholders

Money raised was held in trust in Vancouver by Mir Huculak Law Office, #807-938 Howe Street, Vancouver, BC, V6Z 1N9, tel. 604-331-2505, email [email protected]

Mir Huculak can also be linked to American Uranium Corp (ACUC) [formerly Alpine Resources Corp] as the original CEO of that shell. The ACUC shell did a 50:1 forward split after going public along with a change of control and name change. It was pumped&dumped then did a 1:46 reverse split eventually being abandoned.

The person that took over control of the ACUC shell from Mir Huculak was Robert A Rich. Prior to Huculak passing the ACUC shell off to Robert A Rich, Robert A Rich was a director for Yellow Cake Mining [now known as Sky Digital Stores Corp (SKYC)]. Robert A Rich also brought Hamish Malkin from Yellow Cake Mining to help with the American Uranium Corp shell. Yellow Cake Mining was the prequel to the Liberty Silver Corp (LBSV) pump&dump in many ways (shared insiders and shared properties).

FCIA only managed to spend $2,500 to purchase a business license to be a pharmacist and never got any closer to achieving their forward looking business plan.

6) Change of Control

On December 17, 2012, Alexander George Stanbury, an investment banker from the UK, purchased control of the FCIA by paying $40,000. Irina Cudina cancelled her 5,000,000 shares, and Alexander George Stanbury was issued 1,100,000 new shares representing 52% equity in the shell.

Alexander George Stanbury became the new sole officer/director of the FCIA shell.

Helping with the stock purchase agreement was one of our top 10 attorneys to watch for a future pump&dump, Anslow Jaclin LLP

7) Forward Split

As part of the change of control, Alexander George Stanbury is changing the name of the Farmacia Corp shell to American Copper Corp and conducting a 33:1 forward split.

The forward split will give our anonymous seed shareholders 33,000,000 free trading shares that only cost them $.0012/share.

The new share count will look like this:

Authorized - 75,000,000 shares
Outstanding - 69,300,000 shares
Alexander George Stanbury - 36,300,000 shares (restricted) costing $.001/share
Seed Shareholders - 33,000,000 shares (free trading) costing $.0012/share

8) Change of business operations

With the name change to American Copper Corp it appears that the business operations will shift to mining..

So far American Copper Corp (FCIA) is headed in the same direction as American Uranium Corp (ACUC). Another similarity between the two shells is that ACUC had a corporate office in Denver, Colorado. With the change of control, American Copper Corp (FCIA) has changed its corporate address from Moldova to Denver, Colorado

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Name/Symbol Change

On January 14, 2013, Farmacia Corp (FCIA) officially got the name and symbol change to American Copper Corp (AMCU).

 

Acquisition Agreement

On March 25, 2013, AMCU acquired a mining property in British Columbia for 5,000,000 shares of stock.

The Mineral Property Acquisition Agreement was signed between AMCU and US Copper Investments Ltd for 100% right, title, and interest in and to a certain property known as The Ridgestake Copper-Gold Prospect, which comprises 7 mineral claims covering, in aggregate, 7,733 acres (3,129.48 ha). The Property, which is a copper-gold-silver-molybdenum prospect, is located 125 km south-west of Williams Lake in south-central British Columbia (BC), Canada in exchange for 5,000,000 restricted shares of AMCU stock.

As a closing condition to the Acquisition Agreement, AMCU entered into a Mineral Property Transfer Agreement, with US Copper Investments Ltd and Jaroslav Ruza, BC, a Canadian corporation, whereby the US Copper Investments Ltd transferred to the Company its right to acquire a 100% right, title, and interest the Property from Ruza. Pursuant to the Transfer Agreement, Ruza shall be entitled to receive 2.5% of any Net Smelter Return on the Property.

US Copper Investments Ltd is a Marshall Islands entity created on October 29, 2012 through The Trust Company Complex which is the same company that also helped created Marshal Islands entities for GFOX, BLFR, MSSD, CHMR, NVMN, JAMN, and GANK as well as countless other Marshal Islands entities that were involved in penny stock paid promotions.

Jaroslave Ruza is from Vancouver.  Jaroslave Ruza also did agreements in the past with several shady penny stocks including FSTC, BRZL, SMVR, RMES, CGFI, and BERX.

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Financing Agreement

Apparently having the anonymous Marshall's Island entity involved in the property acquisition agreement alone wasn't enough.  On July 3, 2013, AMCU closed a financing agreement with US Copper Investments Ltd to sell to US Copper Investments Ltd up to $12,500,000 worth of AMCU stock at a discount to the market price.

 

Investor Relation Materials

AMCU already has a nice website built that comes with a FACT SHEET, an INVESTOR BROCHURE, and a narrated VIDEO.

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Current Share Structure

On July 24, 2013, AMCU finally did the amendment for the 33:1 forward split at the NV SOS.

Obviously the share structure will change once AMCU starts selling discounted stock to US Copper Investments Ltd, but for now the share structure looks as follows:

Authorized - 2,475,000,000 shares
Outstanding - 74,300,000 shares
Alexander George Stanbury - 36,300,000 shares (restricted) costing $.001/share
US Copper Investments Ltd - 5,000,000 shares
Seed Shareholders - 33,000,000 shares (free trading) costing $.0012/share

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Conclusion

AMCU has everything you expect to see from a future paid promotion ticker, the set-up, nominee officer, change of control, forward split, acquisition, anonymous foreign entity, anonymous foreign financier, links to past promotions, promo video and other IR materials, and a good story line to use to pump the stock.

At this point we fully expect AMCU to become a newsletter/hard mailer type of promotion some time in the coming weeks if not sooner.  The share price is already at what might end up being a pretty good starting point, currently at $.50/share.

We will continue to keep AMCU on our list of tickers to watch for a future paid promotion.

 

 

 

2 Comments
  • nodummy
    nodummy
    Posted at 17:27h, 01 November Reply

    AMCU changed to Black River Petroleum Corp., BRPC

    This might be the future website here:

    http://blackriverpetroleum.com/

    • nodummy
      nodummy
      Posted at 18:22h, 01 November Reply

      8K filed today for the acquisition of some oil & gas assets

      http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9583110

      On October 17, 2013 (the “Effective Date”), Black River Petroleum Corp. (the “Company”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”), with American Land and Exploration Company (“American Land”) whereby the Company acquired from American Land a 100% undivided right, title and working interest in certain oil and gas interests (the “Leases”) which comprise a parcel of 1,840.69 M/L acres in Henderson County Tennessee, the Natchez Trace Prospect (the “Property”) in exchange for $250,000 (the “Purchase Price”) to be paid as follows: (i) $25,000 within ten (10) days of the Effective Date; (ii) $25,000 within forty-five (45) days of the Effective Date, (iii) $100,000 within one hundred and thirty-five (135) days of the Effective Date; and (iv) $100,000 within two hundred and twenty-five (225) days of the Effective Date. The Company will also receive an 80% net revenue interest in the Leases. The closing is conditioned on the Company making full payment of the Purchase Price, which shall occur no later than two hundred and twenty-five days following the Effective Date. American Land is entitled to receive 7.5% of any Overriding Royalty Interest in the Leases.

      Pursuant to the Purchase Agreement, the Company has agreed to pay an additional $100,000 to American Land within three hundred and fifteen (315) days of the Effective Date, subject to: (i) American Land providing the Company with a 100% undivided right, title and working interest in leases comprising an additional 2,000 acre property; (ii) the Company obtaining a first right to purchase any additional acreage in excess of 2,000 acres acquired by American Land within certain areas; and (iii) American Land shall be entitled to receive 7.5% of any Overriding Royalty Interest in such property.

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