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Re: None

Wednesday, 09/16/2015 3:38:07 PM

Wednesday, September 16, 2015 3:38:07 PM

Post# of 62039
Quote from Hotstocked.

Let's look at some facts. First and foremost - SIRG hasn't filed a single financial report in OVER 22 MONTHS. Last time it did so, it had next to no current assets, it was making no revenues and it was racking net loss at a staggering pace. This is probably why it was later declared in bankruptcy. How it managed to get out of that situation is anyone's guess - and so is its current financial outlook. However, judging by its history to date and the lack of news and filings, it looks extremely unlikely that it has made any steps forward. Which means that it most likely still burdened with liabilities and horrendous losses.

Further, next to nothing is know about Orotechno, except the fact that it has a picture of a gold ingot on their Facebook profile and that its web site doesn't work. Does the company really mine or deal in gold? What are its business credentials and financial standing? And, does it really intend to merge with SIRG?

That last question is perhaps the most important of all, but just like the others it remains unanswered.

Long story short – there is no definite proof that SIRG is doing well. There is no proof that it will make a reverse merger with Orotechno. And even if it is – there is no proof that said merger will create investor value. The red STOP sign that is stamped on SIRG's OTC Markets profile page is well deserved. Let the buyer be ware.

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