thats my question also key capital appears to j
Post# of 4018
Posted On: 09/09/2014 3:22:51 PM
thats my question also
key capital appears to just be a conduit and has negative assets/balance sheet and no revenue other than incipient deal w redrockassets-the lender-which will own 40% of sirg and even 35% AFTER the loan is paid off
so once redrock raises the money via crowd source accredited investors and the loan is executed red rock is the new owner of sirg,since over 15% of the stock without even looking is i'm sure held by retail
so the sirg we knew is gone-and its officers and board will only serve-IF they keep thier positions-and they may since redrock is not a miner-just a lender -at redrocks pleasure
so this is the end of present managements dream of operational control of this mine themselves
the pumpers on ihub who knew of this 1st started openly asking for volunteers to pump the stock since they knew of this deal via key capitals aug 19 and 25 pr's
meanwhile sirg shareholders are kept in the dark by sirg- normally -esp since this is a material event sirg has not reported, sirg and key capital and redrock would coordinate pr's
only reason i can think of sirg has not pr'd is because its not a done deal -redrock has to raise the money 1st, sirg management cannot be happy about the harsh terms dictated to them = or its not legit-but i dont know why they would openly have the press conference 7-11 if not legit
i read about sec loosening funding provisions to allow crowdsource funding a long time ago but this strongarm approach is not what i envisioned -leave it to human greed -the only imagination many have- to twist what could've been a good thing into such a strongarm tactic
key capital appears to just be a conduit and has negative assets/balance sheet and no revenue other than incipient deal w redrockassets-the lender-which will own 40% of sirg and even 35% AFTER the loan is paid off
so once redrock raises the money via crowd source accredited investors and the loan is executed red rock is the new owner of sirg,since over 15% of the stock without even looking is i'm sure held by retail
so the sirg we knew is gone-and its officers and board will only serve-IF they keep thier positions-and they may since redrock is not a miner-just a lender -at redrocks pleasure
so this is the end of present managements dream of operational control of this mine themselves
the pumpers on ihub who knew of this 1st started openly asking for volunteers to pump the stock since they knew of this deal via key capitals aug 19 and 25 pr's
meanwhile sirg shareholders are kept in the dark by sirg- normally -esp since this is a material event sirg has not reported, sirg and key capital and redrock would coordinate pr's
only reason i can think of sirg has not pr'd is because its not a done deal -redrock has to raise the money 1st, sirg management cannot be happy about the harsh terms dictated to them = or its not legit-but i dont know why they would openly have the press conference 7-11 if not legit
i read about sec loosening funding provisions to allow crowdsource funding a long time ago but this strongarm approach is not what i envisioned -leave it to human greed -the only imagination many have- to twist what could've been a good thing into such a strongarm tactic
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