Deal Description

BidCo is a Utah company created for the sole purpose of becoming a vertically Integrated precious metals company. The initial plan is to acquire, a certified metallurgical laboratory for the analysis and/or processing of feedstock into gold doré bars (AM Lab), and a proprietary diamond drill bit business owned by AM Lab. In addition, a precious metal storage vault and minting facility building in Las Vegas, Nevada is to be purchased by BidCo. AM Lab has been at the same facilities for the last twenty years the majority owner, will continue as a consultant to PMHP. AM Lab, a simple partnership of two individuals, averaged over $ one million net profit in good and bad years. For this purpose, PMHP is seeking a $10 million investment. The investors will receive 60% of cash-flow until capital is returned as well as board seat. Future plans involve expanding the manufacturing plant, the acquisition of additional supply chain materials, and the evaluation of further opportunities such as copper smelter clean-up, lithium from coal dust, mining, storage and minting et al. They expect these to individually become financeable opportunities within the BidCo umbrella in the coming 24 months.

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