Friday, March 1, 2013

CPS-SILVER


The management is pleased to announce the launch of Convertible Preferred Shares, CPS-SILVER effective today, 1st of March 2013. This offer is made available to all current and new shareholders of VGMC.

The objective is to exploit the market potential of the strong underlying growth potential of Silver over the next five (5) years. As subscribers to our CPS-PLATINUM know, since its launch six months ago Platinum has consistently outperformed Gold. In fact, due to the exceptional performance of Platinum, shareholders who subscribed CPS-PLATINUM in October 2012 will this month already recover 100% of their original investment. It is our intention to recreate a similar performance for CPS-SILVER.

Details of our CPS-SILVER Offer to shareholders are as follows:

  1. Initial Offer Price – USD0.90 in March 2013
  2. Projected monthly increment of USD0.05 thereafter until further notice.
  3. Minimum initial subscription of 5,000 shares, thereafter blocks of minimum 100 shares thereafter per shareholder.
  4. Every subscription to 1,000 CPS-SILVER entitles the shareholder to a dividend of 4 troy ounces (1 troy ounce = 31.1034768 grams) Silver, payable each calendar month. 
    • E.g. A shareholder subscribes to 10,000 CPS-SILVER on 3rd of March, dividend of 40 oz. of Silver is paid on 3rd day of each subsequent month. Silver dividends will be paid in ounces of Silver into shareholders’ SILVER ACCOUNT to be convertible to Credits (USD) in shareholders’ Credit Account at real time spot silver prices and vice versa.
  5. The minimum initial subscription offer of 5,000 CPS-SILVER also applies to CPS-PLATINUM holders. In the same way as CPS-PLATINUM’s standard minimum initial subscription of 10,000 shares applies to CPS-SILVER shareholders.
  6. In summary, the launch of CPS-SILVER offers the unique opportunity to become an active shareholder of VGMC by subscribing to a minimum of 5,000 CPS-SILVER or 10,000 CPS-PLATINUM or both.
  7. Direct Referral Incentives for CPS-SILVER are structured in the same manner as CPS-PLATINUM whereby direct referrals generate a 10% monetary incentive calculated on the number of shares multiplied by price per share and payable at real time on completed transactions.
  8. Our Group Bonus is applicable to all shareholders of CPS-SILVER, CPS-PLATINUM or both.
  9. The Group Bonus is calculated based on the total number of newly subscribed CPS-SILVER and CPS-PLATINUM in any one month. Please note: the Group Bonus applies to both types of CPS- offerings. Meaning CPS-SILVER holders can earn group bonus on newly subscribed CPS-SILVER andCPS-PLATINUM, equally CPS-PLATINUM holders can also earn from subscribed new CPS-SILVER and CPS-PLATINUM.
  10. A limited number of CPS-SILVER is allocated to every shareholder this month. We apply this limited offer (quota setting) every month to balance the requirement of investment into income generating operations for the company.
  11. Shareholders with at least 10,000 CPS-PLATINUM may subscribe to a maximum of 20,000 CPS-SILVER.
  12. Non CPS-PLATINUM holders may subscribe up to 10,000 CPS-SILVER in March 2013. This quota will be increased over the coming months.
  13. A public listing of Silver assets/interests of VGMC will automatically trigger the conversion of CPS-SILVER stocks into common shares that will be listed at zero conversion cost.
We continue to work hard to create value for our shareholders and I trust you agree with me that the above represents an excellent opportunity for our shareholders. Please do not hesitate to contact us through the ticketing system if you require any further information.

The 2013 Million Dollar Challenge Reward

Dear Shareholders:

I am pleased to be able to introduce the 2013 ‘Million Dollar Challenge’ Reward we are offering to our shareholders by way of acknowledging and rewarding your loyalty and commitment to our business. It is our strategy to invest in good investor relations through well executed incentive campaigns that reinforce the good image and integrity of our business. Virgin Gold’s management has been able to offer several highly rewarding incentives for shareholders over the past three (3) years and our ‘Million Dollar Challenge’ Reward is set to be equally successful.

This is the first time that we are able to offer a global promotion; previous campaigns have always been limited to specific countries and regions. Whilst this has been very effective and successful during the formative years of our business, we are now adopting a pan-global approach to enable everyone to participate in the Virgin Gold opportunity. We will no longer organise weekly and monthly gala style events in selected countries where internationally renowned artists performed to local guests and shareholders. There will be no more car ownership incentive campaigns, which were limited to a few countries. Any previous promotional offers, such as trips to our Premier Center and the give-away commemorative coins are now discontinued.

For 2013 I have allocated a substantial budget to rewarding shareholders in an equitable manner. Shareholders from all countries qualify for this and any future promotions, regardless of nationality or region, because the wealth of this corporation is to be shared with each and every shareholder.

The philosophy and principles of this year’s incentive programme is the sharing of the wealth of this company with our loyal and dedicated shareholders who have been supportive throughout our time of change and growth, championing the vision and upholding the integrity and good image of this corporation.

2013 Million Dollar Challenge Reward Promotion Period: March – October 2013 (8 months)
ChallengeReward
Challenge 1: Group Bonus of USD10,000 for any of the 6 months of the promotionReward 1: USD50, 000 cash incentive
Challenge 2: Group Bonus of USD20, 000 for any of the 6 months of promotionReward 2: USD100, 000 cash incentive
Challenge 3: Group Bonus of USD30, 000 or above for any of the 6 months of promotionReward 3: USD200, 000 cash incentive
Challenge 4: Group Bonus of USD50, 000 for any of the 6 months of promotionReward 4: USD400, 000 cash incentive
Challenge 5: Group Bonus of USD100, 000 or above for any of the 6 months of promotionReward 5: USD1, 000, 000 cash incentive


The above incentive will be awarded to qualifying shareholders during our annual gala dinner in December 2013 or January 2014 by me personally. I wish you every success with the 2013 Million Dollar Challenge Reward and thank you for your continued and valued support.

CEO – VGMCDavid Barrett