The SIRG share structure was already discussed las
Post# of 4018
The SIRG share structure was already discussed last Feb. We like the redemption price of .10.
is subject to redemption at the price of $0.10 per share, at the election of the company at any time and automatically upon the obtaining of financing by the Corporation in an amount of $1,000,000 or greater that, in the opinion of the board of directors, allows for the generation of a minimum of $1,000,000 in revenue.
J. Rod Martin, SIRG's CEO has already invested over $1,000,000 of his own money in SIRG. In Oct of 2010, SIRG was trading over .20. This was was about 3 months after SIRG did a six for one Forward Split on June 30, 2010.
J. Rod Martin's 5277 Partners LLC bought 9,700,000 shares of SIRG - 10-05-2010. SEC Schedule 13d
SIRG has a CEO with a lot of skin on the line and a huge incentive to return the Chloride copper mine to production.
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