Posted On: 03/05/2013 9:13:46 AM
Post# of 4018
SKA posted that SIRG - unlike other junior miners does not pay their lenders but has failed to provide even one junior miner who did.
I could post over 100 junior miners who are using notes to get to revenue and some who are still searching for ore.
NBRI - Looks like they failed to pay their note and this is a big note! JMJ is no different from Asher or the other convertible note lenders.
Item 3.02 Unregistered Sales of Equity Securities
On February 20, 2013, the Registrant accepted a conversion notice from JMJ Financial, ("JMJ", or “the Lender”) to partially satisfy a $550,000 Promissory Note ("the Note") dated July 11, 2012 with JMJ.
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