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How is the FINRA filing going for SRGE? They were supposed to have filed 10 days prior to the "record date" before issuing dividends.
The record date is November 15th, 2012. Well guys today is 11/08/2012 and there has been nothing filed. Here is a quote:
When revenue is from press releases and unaudited financials it can be anything. Why not $10 million - what the heck let's make it $20 million for the last quarter.
When it is fantasy land made up revenue just use anything to get the unsophisticated and newbie investors to lose even more money.
IG
WOW, this is powerful DD - LOLOL!!! BTW, check the Fraud Research board to see what the guys who do real DD think of SRGE.
This is hilarious! SRGE issued a press release to say they were issuing a press release 11/23/2012 about unaudited financials.
As the scam turns.
IG
Yahoo finance uses the data from your searches and what stock you are interested in and shows those results.
Clear your cookies and search history and see what results you get.
IG
Did you read the Sierra Disclaimer? If you did you would know there is no substance to the posts. Microsoft isn't looking to buy TAGG - just BS to fleece investors.
Also, Sierra is a dude -
Strong Management - you have to be kidding. They have a Phantom CEO that doesn't have a work or education history. When I first questioned the SRGE board the next day a one sentence Linkedin profile page appeared and they said look he is real - ROFLMAO!!
Strong Management - LOLOL!!!
IG
Because people love watching a train wreck.
Grab your popcorn folks - when the SEC steps in it will be epic.
The fake dividends is the best - press release before filing with FINRA - classic.
IG
Huh??? And your point is? BGL hired the president of so they are a scam?
They might be a scam but I fail to get your point.
IG
Check the PRTN board after the APS dump or better after they stopped the pump there were rumors of a "Hard mailer" someone even posted a photo of the mailer. Guess what - it never materialized. A direct mail campaign is too expensive and APS would never do it after they stopped the newsletter promotion.
Look at the charts of PRTN, AMWI and GWBU after the APS pump the stock died.
TAGG is dead time to move on.
IG
This was just too good to pass up:
"NEWS TOMORROW" That was the search term I put in for the SRGE board and there is hundreds of NEWS TOMORROW posts. You just can't make up this kind of nonsense. Here you go:
FINRA Warning about Gold stock Scams - it is amazing that SRGE uses many of these tactics to fleece investors. http://www.finra.org/Investors/ProtectYourself/InvestorAlerts/FraudsAndScams/P124119
It seems this was written after reading the SRGE press releases.
But down 30% yesterday.
IG
Has SRGE filed with FINRA about the dividends??? I know all companies must first do a press release about dividends before getting FINRA approval. And the scam continues!!!
IG
Video of Cinco Minas taken on the Investor Tour in April - I have a couple of questions. Why is there not any video of the Phantom CEO Michael Davies.
Why wasn't there any video of the HUGE groundbreaking ceremony for the processing facility?
All the video and everything is still shrouded in mystery.
But, I know the answer - CINCO MINAS is abandoned and there is no mining going on.
IG
Let's see, so now you are saying that SCCO lied in their SEC filings - that is a pretty serious statement.
Next week will come and go and there will be no SCCO buyout.
The rumor was started on the Sierra blog - there has been zero verification that SCCO is interested in SRGE other than Sierra and the posters on this board.
I called Southern Copper at the Phoenix office and spoke to investors relations - They stated emphatically that the rumors were baseless. Nodummy received a email stating the rumors are baseless.
There is no SCCO buyout. First SCCO would go after a company with a track record that isn't so shady.
IG
But, you are saying SRGE has new management. When I go back it seems I see Alex Smid.
IG
If promotions are not paid by SRGE then who is behind Cameroon Marketing Advisors Inc. Oh, I know it is the same people behind the fake financing of Quixstone Investments, Inc.and Duvernoi Capital Investments Inc.
As usual with SRGE there is always details shrouded in mystery.
It is odd how everything SRGE does is listed in what to be on the alert for in a mining pump and dumps.
SRGE Mining Pump and Dump
IG
SRGE experts in mining - you have to be kidding! They only started putting out press releases, I mean mining in January of 2011.
Before that they were the kings of Ethanol but never did anything in that either.
Same bunch just a different scam.
Gold was sexier to investors than Ethanol and easier to fleece investors.
IG
ROFL! SCCO wouldn't touch SRGE. They have no audited financials and haven't reported to the SEC since 2008.
I hear that SCCO is impressed with Sierra's analysis. She/He also said Microsoft is buying TAGG - TAGG tanked this week.
The rumor was started with the Sierra blog and posts on this board by the same person who guaranteed that Goldcorp had looked at SRGE and was buying them last week.
SCCO has called the rumor "Baseless" both in a telephone call and a email.
The buyout rumor is for the sole purpose of fleecing investors of more money.
In SCCO's latest SEC filings they don't address any acquisitions or pending deals.
There is no truth to the rumor if you don't think so call Investors Relations at the Phoenix office and they will verify it is a baseless rumor.
But, there will be a new rumor next week about another company that is going to buy SRGE. Same song third verse.
IG
The only source of the buyout rumors are the Sierra blog and what one guy has posted on dozens of forums. The same guy who guaranteed a Goldcorp buyout last week and a Uplisting last week.
I haven't seen any rumors or predictions made about buyouts that have come true.
I predicted that SRGE is a scam Pump and Dump and that is 100% true.
Ask your source for some background information on the Phantom CEO Michael Davies such as employment and education history.
Ask the source for information about the fake financing companies Quixstone Investments, Inc. and Duvernoi Capital Investments Inc. - I predict they only exists in the bogus SRGE press releases.
There will be another company next week that will be rumored to buy SRGE when SCCO proves to be a baseless rumor. Why don't you call the Phoenix office of SCCO and ask them if they are going to buy SRGE - as I did and they told me emphatically it was a baseless rumor.
I post facts that can be verified - unlike the sources of information about SRGE,
IG
I saw the quarterly dividend post but the PR didn't say it was quarterly and the way it was worded I thought it was supposed to be a time time deal.
I still don't understand how SRGE can issue a press release about dividends before they File / get approval from FINRA.
I still believe that the dividend is a hoax to extract more money from investors.
LOL, saying SRGE is real thousands of times does not make them real. How about some verifiable information. Not, the fictitious financing companies, Phantom CEO (still waiting for the work and education history)...... Fake buyouts, first it was Goldcorp and then SCCO next week it will be another company.
Just check Southridge Ethanol and the history is exactly the same - they did big business via press releases but the truth is they did nothing but fleece investors.
This is just Southridge Pump and Dump Part Deux.
IG
But, no FINRA filing. Only SRGE would issue a press release about dividends without getting FINRA authorization.
IG
Buyout - you mean the Sierra rumor. Check the SCCO SEC filing today - no mention of any pending or signed acquisitions.
Sorry but SCCO rumor has been dealt the death blow of truth of a SEC filing.
IG
Did you read CGardner's response to SCCO filings about acquisitions?
Right, and you also guaranteed a Goldcorp buyout last week. You said Goldcorp had already looked and SRGE was going buy - just didn't happen.
I predict another company will be buying SRGE next week - LOLOL!!!
I guess you didn't read the SCCO filing today - didn't seem to address any M & A. But, again I know SCCO hasn't even heard of SRGE.
I do know SCCO IR says it is a baseless rumor. Nodummy received a email stating it was a baseless rumor.
IG
YAWN!!! I see SRGE is paying quarterly dividends now and still no FINRA filing. It is very odd how only SRGE does a press release about dividends before getting it authorized by FINRA.
"for those of us holding large amount of SRGE" - yep, it is a whopping $15,000 for all investors. "Based on the current trading activity, if you owned the average trade size, 109,881 shares, your dividend received come November 22, the pay date they declared as per their PR, will be $3.29". The extra cash won't buy lunch at McDonalds.
IG
WOW, this (http://mines.az.gov/Info/scams.html) was written from looking at this board and at the SRGE press releases.
That is amazing it nailed SRGE exactly.
You can't read it and still think that SRGE is anything but a pump and dump.
IG
ROFL!
What makes you think SRGE is real - everything they do spells scam. A Phantom CEO that has no work or education history. Fake financing companies that exist in press releases only. Unaudited financials.
No real company does paid promotions. But SRGE does!
SRGE has in press releases that it is drilling but the engineering reports are never published.
Fake buyouts, first Goldcorp and then SCCO - next week it will be someone else. Only reported here and on the Sierra blog.
Fake uplistings.
Fake dividends - it is very odd that SRGE would disclose dividends before filing with FINRA - absolute scam to extract more money from unsuspecting investors.
BLAME IT ON THE SHORTS
If a stock promotion hasn't been successful then it must be the fault of the naysayers and the shorts. It couldn't possibly be that nobody was buying the story or that insiders were selling into the promotion. Comments in follow-up posts like, "We were battling with the shorts", are a sure sign that a pump and dump program was on. The battle was not with the shorts but with the insiders who were filling all the bids they could. After all, if the so-called shorts were willing to sell stock at lower prices, then why wouldn't they have hit bids prior to the promotion?
Plus, just the shady history of SRGE from the fake Ethanol press releases to Alex Smid still pulling the strings.
There is no evidence that SRGE is real - THAT CAN BE VERIFIED!
IG
Actually, it is some very poor DD. I just posted about the short myth in penny stocks. But, just for you here goes:
You and I will have to disagree about shorting - the average investor can't or it is extremely difficult to short a penny stock - the margin requirements are just cost prohibitive. You have to have $2.50 margin per share to short a stock under $2.50.
If you want to short 500,000 shares of a stock at $0.004, you have to have $1,250,000 in your account, and 500,000 shares at $0.004 is only $2000.
The good thing is you won't get a margin call unless it gets over $2.50.
But, if you look at any pump and dump all you read about is how everyone is shorting the stock - it is much more myth than fact.
IG
Mr. W, I don't know why they issue a press release about dividends before filing with FINRA.
It seems that a $0.00003 dividend with a total of $15,580.55 doesn't make sense except to entice investors to pony up even more money.
IG
More observations as to why SRGE is a pump and dump.
How many mining companies operate on a 33% profit margin - the answer is none.
How about,
I think the SRGE dividend press release is even more evidence that it is a pump and dump.
How many real companies issue a press release about paying a dividend before filing with FINRA - the answer is none.
Also, the dividend is NOT $0.01 but $0.00003 (you have to be kidding me!) that is a whopping $15,580.55.
This is being done with the sole purpose of extracting more money from unsuspecting and newbie investors. The same people who follow APS and are surprised when they lose money.
Trust me SRGE will get the dividend back quickly. But just more proof that this is a huge pump and dump scam.
IG
Has SRGE notified FINRA of the upcoming dividends being issued? I know it is customary that companies issue a press release first before filing - LOLOL!!!
I didn't see anything when I checked their latest filings. Uh-Oh somebody is in trouble.
IG