"He is not accepting calls from shareholders"

If I were him, I wouldn't either.

Heavy demand so far today. $4 in stock traded.

That's wonderful. Protect your reputation on ihub.

So far, that's consisted of saying buy, buy, buy while you were selling out.

Isn't that a fact? If it isn't, tell us all what the fact is.

Wow! $500 in stock traded so far today.

And $300 bid! Can the bagholders get out?

Live and learn.

No interest, no buyers. Another big deal came and the market is yawning.

Meanwhile the pumpers are still painting rosy pictures because they're caught and cant get out.

You can even be fooled by the share price. It's the bid that matters. How many shares are bid at what price?

Let's see. Been working on this "deal" for how long? And now we're out to May (at the earliest) to see what happens. In the meantime nobody knows what's happened financially for a year now. But I bet the "tough Canuck" got his.

But we do know that the MOU values all the properties but Dadi at zero. So is 20% of Dadi worth all the debts the company has racked up? And who owns the company now? What were the proxy vote tallies?

I'd bet one thing sure comes out of this. Marc walks away with bucks.

No so much for the bagholders.

The big news is out! Again.

No doubt next week will bring the good news.

It's always been "next week" with this fantasy story.

Where are the financials?

That's funny. Another deal. No one can assume now that the "tough Canuck" can even negotiate for SDRG since a Chinese faction owns the majority of shares.

Maybe Marc was in China selling his shares - or selling out the shareholders.

I'll see if I can find the number for Bagholders R Us.

SDRG is now on the pink sheets. It's a non-reporting company. The only way this stock moves is if the market makers goose it. But they may not make the effort if they're trying to bail out entirely before the company formally rolls over.

SDRG soars! $29 in stock trades!

SDRG closed the year at .0067 down 77%.

Have you called the CEO yet, FDA?


The so called "tough Canuck" as you named him?

It's been over a year now since SDRG has filed financial statements.

Wonder what the "tough Canuck" has been doing?

Wonder what happened to the cash the company got last year? If indeed it got it, that is.

Somebody may be running out of bigger fools.

One does wonder, FDA -

Why you haven't contacted that "tough Canuck" and gotten all the details. Is he in hiding? And why haven't the quarterlies been filed?

And BTW, what happened to 40 cents a share?

All miners will soar.

Maybe. But SDRG isn't a miner and never will be. It's not even a company anymore.

That's woderful, FDA. But since you were selling SDRG at the same time you were telling the rest of the board to buy, it's hard to believe a word you say. And I don't. I doubt if you own one share.

Oh, I'm sorry. SDRG is already off the OTCQB.

It's now on the pink sheets. You're free to trade it down to zero if you want.

Bull. You are aware SDRG has to hold a one cent bid in order to continue trading aren't you?

I doubt it.

But you'll find out the hard way.

Please, tout some more. Your hero can't even file financial statements.

And you own over 2 million shares. Sure you do.

Wonder what happened to 40 cents.

Maybe FDA and the "tough Canuck" can explain, that is if the tough Canuck can take the time away from raiding the treasury.

Ask me if I believe a 750,000 share claim from a known prevaricator.

Oh no! We must consult FDA's "advisor"! Har!

Wham!

You're right. Not a complete anything.

Perhaps a disaster.

Same old hype. Same old POS.

Less than 4 thousand in stock trades and the bag holders like Romanov come out of the woodwork.

The company can't even file financial statements.

Another late filing notice.

And the reason?

"The compilation, dissemination and review of the information required to be presented in the Form 10-Q for the relevant period has imposed time constraints that have rendered timely filing of the Form 10-Q impracticable without undue hardship and expense to the registrant."

Yeah, it takes time to make that crap up.

Oh boy, another 8K filed!

And more dilution for shareholders - at a cent and a half.

What did you pay?

I wonder how long the SEC will put up with this crap from Marc.

Delayed filings, proxy fights - and now "don't rely on those financial statements we filed".

The whole thing stinks from beginning to end. Keep it up and a suspension of trading becomes a distinct possibility.

Yes, you are finished here. Bye.

Somebody thinks they can still tell lies and get away with it.

Not any more.

My, my, my.

No posts for 3 weeks.

And now the latest 8K says lots of the financial reports "cannot be relied on".

Reminds me of a couple of posters named FDA and junksilver.

Are we at 40 cents yet?

Well then.

We have a stock trading at 2 cents. Is that closer to zero or to 40 cents?

And yes, a loser rarely admits it when they're wrong, particularly a tout who runs down the rat hole and leaves those he's lied to high and dry.

How is it down there?

Confident people. Like FDA.

Like the rat who abandons a sinking ship.

It's even more complex than that.

It also says that the tranfer agent will hold the 150 million shares until notified by the note holder of conversion. Ask yourself how that works with the "limitation".

The only thing you can be sure of is this: Fife didn't forgive 2 million in debt out of the goodness of his heart. You can also be sure he and Marc are working behind the scenes hand in glove. After all, did you as a shareholder get a say in this little transaction? And 150 million shares. Just what's needed to make sure Chan isn't a majority holder. This all stinks to high heaven.

The SEC should take a look at what's happening here.

Come on, bottom line -

Fife forgives a little over 2 million in debt, gets a note for over six million at 12% interest and 150 million shares. That's less than a cent and a half per share.

Another "deal" that dilutes your equity 50% brought to you by that tough Canuk, Marc. And FDA says it's Chan who wants to screw you.

Lack of resources?

What about that $700,000 the company got last fall. Where did that go, in Marc's pocket?

Ready to get ripped off again? Read this:

"Effect of the Increase of Authorized Common Stock

The Common Stock Increase will not have any immediate effect on the rights of existing stockholders and, except as previously disclosed in the Company’s annual, quarterly and current reports with the SEC, the Company currently has no definitive agreements with respect to the additional authorized but unissued shares of Common Stock. However, the Company’s board of directors will have the authority to issue authorized shares of common stock without requiring future stockholder approval of such issuances, except as may be required by applicable law or exchange regulations. To the extent that additional authorized shares of common stock are issued in the future, they will decrease the existing stockholders’ percentage equity ownership and, depending upon the price at which they are issued, could be dilutive to the existing stockholders. The Company is currently seeking to enter into a capital raising transaction pursuant to which it may be obligated to issue shares of its preferred stock, however, there cannot be any assurance that the Company will be able to enter into any such transaction.

The Common Stock Increase and the subsequent issuance of such shares could have the effect of delaying or preventing a change in control of the Company without further action by the stockholders. Shares of authorized and unissued common stock could be issued (within limits imposed by applicable law) in one or more transactions. Any such issuance of additional shares could have the effect of diluting the earnings per share and book value per share of outstanding shares of common stock, and such additional shares could be used to dilute the stock ownership or voting rights of a person seeking to obtain control of the Company."

Good ol' Marc is at it again.

So, why didn't the deal include all the properties?

The obvious answer is that Shengda didn't want them. How much are you willing to pay for something you don't want in the first place? And that's going to be leverage in negotiations?

And 25 million isn't the absolute bottom. 25 million over 4 years (maybe) isn't as much as 25 million up front. But that's one of those unimportant financial things, huh.

It seems reality is dawning on you, FDA.

Nothing can be done by minority shareholders (that includes Marc) that excludes the will of the majority. What I don't understand about you is your defense and near worship of a proven failure, unless, of course, you are Marc. That would explain things nicely.