Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I too would like to see increased volume. I think it will come in due time though.
NBRI is on my watch list.
I guess some people view every day trading as dilution. LOL...
The Series A Preferred Stock has secured their ability to increase the A/S to 1.5B. Since each share of Series A Preferred Stock is worth 350 votes on all matters, I don't foresee any problems with them getting an increase in A/S approved.
J. Rod alone holds 500,000 @ 350 votes/share = 175M votes
Between J. Rod and Timothy Benjamin, they have 350M votes from those shares alone!
Each share of Series A Preferred Stock entitles the holder to 350 votes on all matters submitted to a vote of the shareholders.
Furthermore, the board of directors approved issuance of 500,000 shares of Series A Preferred Stock each to Timothy Benjamin, Chairman, and J. Rod Martin, CEO. The Board of Directors deemed it necessary and in the best interests of this corporation to create this series of preferred stock in order to compensate the company’s chairman and chief executive officer,
Of course "everything changed" after about a week! Once a basher accumulates the shares they want, they change their tune. They then pump the stock so that they can make money. We all know how bashers work!
Agreed!
You mean bashing SIRGE like she has done before? LOL...
There is no interest because there is nothing happening. I got involved when it was being pumped and did the DD. There is nothing going on at the Chloride Copper Mine located near Kingman Arizona. No mining permits, just a bunch of tumble down buildings and rusted out equipment.
Look it up on Google Earth.
If there were value there, Freeport or Rosemont would have been all over it. They both have mining operations in Arizona already.
I can't wait to hear exactly what they have to say. Clarification is a wonderful thing!!!
I'm fairly sure he is talking about the fact that the Nevada SOS still has the A/S listed as 1.49B.
450M or 1.49B. Who knows what it really is...
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Uk5bViH2qqz99jcGYeuYwg%253d%253d&nt7=0
I'm still a mod for the SIRG board; so, obviously I haven't been abusing the TOS. Like I said, only one person that was removed as a mod was blatantly abusing the TOS. I seem to remember having to restore many of their removed posts myself. Kind of funny actually...
What about the unpaid accounting firm SIRGE owes? Why couldn't they pay the accounting firm with the $200,000 6 month note (14% interest rate) they took out? Where exactly did that money go?
We know that J. Rod made $37,500 for the three months, and the CFO made $25,000 for the term.
That alone totals $62,500!
Maybe they had a couple of board meetings with their 7 member BOD. That would have cost them $35,000 for each meeting plus expenses. Heck, to even have a teleconference it would cost the company $7,000. They are throwing money around like they actually have revenue. Instead, all they are doing is accumulating more debt.
each member of the Board of Directors shall be entitled to meeting attendance fees (payable quarterly in arrears) of
$5,000 per Board of Directors Meetings and $1,000 per Board of Directors Telephonic Meetings.
Wow, I think Marc is entitled to a vacation occasionally just like we all are. I guess it's a good thing that he is the current CEO, not Paul.
One good thing about GDSM is that the operating expenses were around $5K for the quarter. That shows that they aren't paying their employees an exorbitant amount of money prior to production like SIRGE is. SIRGE had operating expenses over $300K this quarter. What exactly did good ole J. Rod do for that money?
Agreed!
Exactly! We weren't seeing the restored posts on the GDSM board.
The admin do require a mod to follow the TOS, no matter if the mod agrees with it or not. Out of everyone that was removed from both boards, I only saw one that blatantly ignored the TOS and removed negative posts as off topic. Then again, I could be missing something.
That would definitely be funny for us and scary as heck for them! Lol... I sure wouldn't want to piss that guy off!
Has anyone thought to send Kimberly a message to let her know that the link to pictures of her kids is being shared on a public investment site? I feel very bad for her if she doesn't know! I feel even worse for the kids!
Now, let's put a little more thought into who started the FB pics. A newly established account that was booted after only three posts. I wonder which one of a certain individual's groupies made that account???
I invest in a stock, not how good or bad the CEO looks in some random pictures.
Some people look at it as they are trying to "inform people", but they put no thought into how low they are truly stooping.
LOL... It looks like GDSM was a major penny play about 6 months ago. If you don't understand that, perhaps you should look it up. What occurred has nothing to do with "upper management". LOL...
It looks like a solid base has been forming at this level. I think it's great that we are seeing consolidation occur.
JMHO
GLTY in your future endeavors.
I hope that a few months down the road people who sold way down here don't take it too hard when they see what they could have made off of GDSM.
Me too! I still think the shares are super cheap right now!
Once again, the CEO's name is Marc. So, don't you mean, he may be MARC to you and his mother??? Lol...
He might be Richard to you and his mother
Marc and Richard are not two names that are easily confused. Lol... At least you could call him one of his brother's names accidentally, right???
Agreed! Cheap shares right now IMO!
The highlights of the drilling include:
- Gold mineralization discovered 800 feet north of the known veins under gravel cover. LB-1110 contains 55 feet averaging 0.050 oz/ton (1.73 g/t) gold including 20 feet averaging 0.088 oz/ton (3.06 g/t) gold.
- Ore grade gold was extended west from the discovery hole in LB-1106. This hole intersected a combined 160 feet of +0.01 oz/ton gold mineralization. This includes 40 feet averaging 0.01 oz/ton (0.34 g/t) gold and 120 feet averaging 0.033 oz/ton (1.13 g/t) gold.
"We are very pleased with current results," said Bob Coale, Tuffnell President. "Several of the drill holes returned high-grade intercepts including: 0.377 oz/ton gold over 10 feet, 0.121 oz/ton gold over 15 feet, 0.088 oz/ton gold over 20 feet, and 0.068 oz/ton gold over 100ft."
If they had funding that was contingent on permits, I think they would have already announced that they had secured funding once the permits were in place.
Instead all I see is debt written off because they don't think it is "real debt" and more notes taken out with higher interest rates (up to 14%, formerly 8%) and shorter terms (6 months, formerly 1yr). To me that shows that SIRGE is currently being viewed as a HIGH RISK company, not a company that has funding that is contingent on permits.
TUFF has been looking good here lately IMO!
How do you think SIRGE will pay off the $625,526 due for notes by the end of February? $224,985 of that can be converted into shares. SIRGE only has ~100M shares left to dilute. I'm not sure if that will be enough to cover the convertible notes, let alone the extra $400K. What are your thoughts?
The Give it Your Best Shot entries have been updated for the week! We have several picks that are really looking good!!!
TUFF sure did close out the week looking good!!
It didn't take much to take out the .008s.
I don't base my decision to invest in a company on some random photos some random person found on the internet. My decision to invest is based on my own DD, and I still like what I see with GDSM. It has so much potential IMO!!!
The majority of investors at least do a little DD on a company prior to investing. Even the smallest amount of DD would have easily revealed who the CEO is. Investing in any company blindly, isn't a good idea IMO!
GDSM is looking good today!!
Exactly!!! I think it was someone wanting to bring it down to buy more shares, but they didn't want to give up enough shares to even make it look good. Lol...
That is how the US works, didn't you know?? LOL
Even when GDSM went off the grid it wasn't trading at 0.0001. Keep dreaming... LOL
If GDSM ever touches that level again, I would be very shocked. However, if it does, I will be BUYING every share someone is silly enough to sell me!!!
Can we say PAINTED DOWN??? Lol...
The whole 170 shares sold to get this to close down was a joke!