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 dont think so although I hope you are right. What happened to the 200MM shares that were "dumped" back in December or so? They are still there no?
Dont think so. It will be a while, possibly May when they are required to update officers, unless they have actual business news.
YUUUUUP.....AND EXTRA LONG YUUUUUUUUUUUUUUUUUUUUUPPPPPPPPPP
Why in the world would we want to merge with them
YUP..YUP...AND YUUUUUUUUUUUUUUUUUUPPPPPPPPPPPPP
kugelman said squat as well when he took over
Those share have diluting affect. BUT...BUT.. what VI is not considering here is that LOTS AND LOTS OF PEOPLE got in much higher. Although there are more share now, those new share I believe are the majority being held by existing shareholders who tried to average down. Its very likely that average is still much higher than .0006. You think they gonna dump share when it hits .0006. Don't think so. Many have been here too long, waited for the previous CEO or President who couldn't or did not do anything. Think Parks gonna do the same? Who knows. So this fear mongering about those 200MM shares geez, just gonna see how it plays out. We lose, we lose, we win WE WIN BIG
That's button if news is. Blockbuster
Who the puck knows
On $150.00?
Gonna take more than this to make this move
Nail on the head. That's what we hope for. Create an actual business or maybe acquire one.
Aren't you jumping the gun here? This company has been so messed up for a while, so why don't you just wait? Who knows what Park has in store.
Who knows what Parks will do. But for those share that he could issue to be of no value, there has to be reason for buying them. Right now there is none... nobody gonna buy em..no buyers, no value
Prior CEO did crapola for this company; Parks can only improve on it; oh wait, could get worse
IR guy as CEO and IR guy as IR guy has been nutting but craypola. The new AS I believe is to purchase company(i.e.) or merge. If this is the case, SAGD has not debt, new business (drone and upper ground gold industries are hot; either one will skyrocket the stock). SAGD has no expenses right now unless these creeks are paying themselves stock. THEN I WOULD HAVE BIG PROBLEM WITH THAT
what are you talking about? read my post in context. if and if Asher has converted the remaining notes(2 of em), ASHER IS GONE. That means the company and shareholders do not have to worry anymore about ASHER CONVERTING THE NOTES into share. What does this mean? If news is announced, and that is A BIG IF GIVEN PARK'S HISTORY, there is no threat of Asher converting the debt into shares. NO MORE. So if SAGD makes a run, no worries about Ashere "diluting" the run. The reason it went from 89MM to almost 400MM is because of Asher. Period. Those several 100 million share at the end of the last year could have been Ashers, absorbed by who, who knows. Maybe existing shareholders. LOTS OF SHAREHOLDERS HAD AVERAGE THAT WERE VERY HIGH. Those several million may have been absorbed by them. If that is the case, there are still many who bought quite high whose average is still way above .0004. YOU THINK THEY GONNA DUMP WHEN IT REACHES .0004? Don't think so.
Nope not 89mm. It was little under 400MM at that time, close to AS. That's why prior CEO couldn't do anything; NADA. There are lots of individual investors sitting on much higher averages. Asher had several notes outstanding which they could not convert because there werent enough shares to convert to. So what to do to get rid of Asher in the future? Raise the AS. Those large shares towards the end of the year I believe were Asher converting with the shares being soaked up by existing or maybe new shareholders. Take a look at the filings. There were still Notes Oustanding (2 of em I believe). If this is what happened it is VERY VERY GOOD.
Where were these sold and bought? These are retail transactions right?
Relax and breathe
That would be totally amazing.
Agree. Let us see what earth-shattering announcement they will come out with, if any. I still think its above ground gold. Its the "sexiest" thing right now. EVERYONE IS TALKING ABOUT IT. If they can like hook up with a grower or a company that is legally licensed to dispense, WHOA
Useless post. What ya point
I dont expect any filings anytime soon. BUT YA NEVA KNOW.
As I've speculated before, the gold they are mining maybe the above ground kind. If this is the case, WATCH OUT. We've struck gold, well sorta.
GOOD LUCK TO ALL. IN THE MEANTIME, WHERE R YA PARK?
There is a diff. There is no way in hell he would be able to legally give himself 100MM shares if those shares come from the new 3 billion A/S structure. That would in effect be robbing the shareholders. HE IS AN EMPLOYEE of the shareholders of SAGD. FCGD a different story.
All I know is that they HAD BETTER NOT HAVE ISSUED THEMSELVES SHARES TO PAY THEMSELVES. "HEAR" THAT PRESIDENT AND IR GUY? It just seems something is ROTTEN IN DENMARK. Good for nutting IR guy (ex-Pres who couldn't accomplish anything for 1 year), and a Pres who seems to be deaf and mute for the moment...IMHO OF COURSE
Like as in when? There is some sort of May 2015 deadline that they have to do with Nevada. Maybe then? In any case, what he told you sounds like another stonewalling that is usually done when they dont want to answer hard questions, or really want to avoid answering altogether. Is there really an update? My bet is stonewalling. Gotta remember this Kugelman guy was the CEO or Pres (or whatever) for 1 PUKIN YEAR. HE NEVA (pun intended) DID ANYTHING FOR SAGD. And Parks?
They dont want to answer anything or own up to anything under the guise of "not wanting to share insider info." The fact is they are the only insiders who could well likely trade on insider info because they are the only ones who would know. Who knew that the would raise AS to 3 Billion? They knew. S No one else knew.
Agreed. One month is ample time for these jokers to at least provide the most basic of updates: i.e. why the AS was raised, business plan, etc...Parks and Kugleman at this point are worth $$hit.
"Secondly, I'm sure he did what he did being that he's got all his basis covered, I highly doubt there's anything we can do."
Dont think so. Raising the AS appears underhanded.
"sorry, we can't tell you anything because it would be insider info"
Yea and its a sorry excuse for not wanting to talk to any of the shareholders. Its like a wall they use so that they don't have to answer any questions like "how the puke were you guys able to raise the AS to 3billions share?"
SO ANSWER THAT YOU PUKING IR GUY
CLASS ACTION SUIT IF YOU GUYS DONT ANSWER
Good luck getting hold of the IR guy as well. What a bunch of jacka$$$es.
HA HA HA HA..painfully funny...I must say that is one witty post. Honestly, I wish the best for SAGD. I do own a bit of shares...BUT GOOD LORD...COME ON SAGD...but then what can you expect from a president and a ceo who don't have sterling reputations...BUT YOU NEVER KNOW...
This is actually VERY VERY good news. This guy is very well known (good and bad), and has actually appear to have turn his life and ethics around for the better. He has written a very well known book on the pennystock market and currently focues M&A.
The volume today I believe is not dilution. Just retailers unloading because of the Formato fear factor.
same here waterchaser...let's hope and pray, cross our fingers and toes, make the sign of the cross (if you are one of those), shout hallelujah at the top our lungs and PRAY that it does make THE MUCH ANTICIPATED RUN. I believe this new guy has the ability and wherewithal to do so. If they do pursue the new gold industry, this will make a substantial run
I believe it is maxed out due to Asher closing out its convertibles, which is very good news. The large volume of trading several weeks back I believe was probably due to Asher. If this being the case, the company no longer has any debt. Someone earlier posted that the role of Demotte has been relegated to that being of a consultant. This tells me that company maybe taking an entirely different direction other than mining. With no debt, this is a great shell to merge into or a great start to going into an entirely different "gold" direction, as in Maui Gold. Who knows. The next few weeks, or months will be interesting.
Call up investors relations. I believe they will be and should be tight-lipped about what's gonna come down. My hope is to get out of gold and into the other gold. Saw a show on it the other day on the industry that is unfolding in a major way in Colorado. REAL GOLD POTENTIAL HERE
We'll just have to wait for the news. I hope it's a different industry other than mining right now. The glitter in them gold has lost a lot of list luster. The glitter is in the medicinal stuffs. If it happens, watch out. I hope for the best. There website should be updated soon to reflect new management and direction.
Are you kidding? You just don't issue papers. Government can print money at whim. Issuing papers as you say by corporations is akin to printing money. Companies don't just issues papers. Otherwise its illegal. If the old CEO and new CEO issues these shares to line their pockets, LAWSUITS ARE ACOMING. But if its for good reason (i.e. M&A) and I'm ok with it. SO WHICH IS IT? Has anybody actually ever had any kind of communications at all with management of company? I am hoping for the best here. I sure can you use it
Them gold maybe not under ground. It could very well be above ground. And if that is the case, then this stock is off to the races to pennies. My gut feeling is that it is above ground, and the additional shares will be used to purchase a company already in the above ground gold industry. The new CEO is a M&A specialist. He does not have a gold industry background but finance. And if he is worth his salt, SAGD could very well be poised to make a 100 yard dash. Prior CEO did not or probably could not do squat with existing SS. There was just no room. In comes in a new CEO, and the first things that happen is reinstatement, AS raised. What would be really good is to fully reporting.
IMHO
oh just go away. what are you here for? i hope sagd succeeds. but honestly the prior ceo has done squat and the a/s is raised to 3B. If this was done with no shareholder input or communications, shareholders should file a lawsuit against the prior ceo or the new one to see how this was done.
IS THAT RIGHT? Really you all should be worried this ceo or the one prior was able to do this without shareholder notice. Has anyone actually even tried to get hold of investor relations?