SIRG entered into a Promissory Note with Fogo, In
Post# of 4018
Posted On: 08/21/2012 9:36:45 AM
SIRG entered into a Promissory Note with Fogo, Inc. on July 31, 2012 in the amount of $200,000. The note has an interest rate of 12% with the maturity date of January 27, 2013. In consideration of the Promissory Note, Fogo, Inc also received Warrants to purchase 1,000,000 shares of common stock at an exercise price of $0.03 per share.
Looks like they believe SIRG will be trading at .03 a share or higher in the future.
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