It's clear Jorge has tax issues in Ecuador and OROT has been suspended from exporting. The only logical and possible solution for Jorge and OROT to keep in business is to take this deal. Its a large mine, with great revenue potential that he would be getting really really cheap, and allows him to take advantage of several tax write offs here in the states that dont reflect his tax issues in Ecuador.
As many people have stated....SIRG is the shell! It's the only way Jorge can stay in business. I'm not sure though, how having an out of country business will affect the tax issues he may have at home. If it's run anything like the states, wouldnt it be pretty much like having a cayman bank account? Different tax laws and his profits would be kept here in the states. OR, he could take advantage of the tax break and capitalize on it to pay off his tax evasion issue in Ecuador to keep OROT running there as it's obviously a large established business.
Basically....OROT, with its tax evasion problems in Ecudaor, would cease to exist unless Jorge makes this deal and uses SIRG as a shell. Unless, by some miracle, he becomes current on his tax payments to Ecuadorian government. He's in a bind, and he has to act fast or he'll be dipping his toes in some pretty hot water.
