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Show 45 1953. balance by December 31, promoter exploration of turned right around 50 percent working the and to read for stock been most In was to least in which within six months out, $72,000.00 received few read and the on the which the up anything in prospectus, and if there would be and and gave those who found from the is Apparently sold individual working capital they did, placed little value The at also had paid $60,000.00 for claims, it, rationally, buy this stock. another company interest All this claims. were the $12,000.00 them only left corporation 42 claims--they got 50 percent the So working interest. and $25,000.00 they agreed to expend for F contract with Mr. The little one to cause prospectus or, if company's statements. history of the company has surprising. January of 1955 the company was known Federal as r Uranium Company and that year, were merged cessor was incorporated 10 .other companies into Federal. Federal Uranium I in the uranium field These companies Fourteen In were: Incorporated; and Western States The merger was stocks of the a of prede Uranium Enc or-p o- Interstate Uranium, Uranium, Incorporated. accomplished through 10 companies April Group, Incorporated; Uranium, Incorporated; Uranium Prospectors, rated; Kentucky Utah Mining Company; the such. Corporation (Utah); Utida Company, Incorporated; The U & active as into the a conversion capital stock of of |