Ms BB Member Level Friday, 02/15/13 09:12:40 PM
Post# of 9903
Posted On: 06/20/2014 11:42:34 PM
Ms BB Member Level Friday, 02/15/13 09:12:40 PM
Re: janice shell post# 139844
Post # of 163142
Of course Janice. It's going to get shareholders out of the greysheet. You do realize that Novamex still holds 200 million shares of SRGE and remains a debt holder. The transaction that took place in 2010 clearly showed that 400MM shares were tendered from Omar Madrigal and the other 400MM tendered from his firm, and together 800MM shares were tendered to what I believe is a trust called Novamex, not a company. Do you think Omar Madrigal is going to walk away without getting paid or letting SRGE fail? Think again.
Re: janice shell post# 139844
Post # of 163142
Of course Janice. It's going to get shareholders out of the greysheet. You do realize that Novamex still holds 200 million shares of SRGE and remains a debt holder. The transaction that took place in 2010 clearly showed that 400MM shares were tendered from Omar Madrigal and the other 400MM tendered from his firm, and together 800MM shares were tendered to what I believe is a trust called Novamex, not a company. Do you think Omar Madrigal is going to walk away without getting paid or letting SRGE fail? Think again.
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