$25M, OUCHHHHH it's a major bomb for the optimistics who were believing in those 2 clowns, JS & FDA!!! But for the few realistics on this board (3-4 max....) it's not a surprise!!!
As per the last 10Q, SDRG has a total liabilities of $9.2M at September 30th. What's the actual # as of today?? With that deal, let's say there's only $15M left MAX for a $0.054 per share.... AND this money won't create value in short/mid term without a tangible asset... So no way the market will give a $0.054 value per share..... I'm not even sure of my prediction of $0.04 for a few days after the PR release!! With that sale amount, we will see a TON of sellers tomorrow and not much buyers.....
It's sad for longs that were hoping to recover a part of their investment but it was sooooo predictible, NOTHING was favorable for SDRG to make a good deal!! But human nature is what it is so people were believing the unrealistic positive dream numbers posted by some clowns and now, you've just hit a wall....
ONCE again Marc FAILED like he did sooooo many times (i.e. Mexican properties)....
SDRG has been pumped on many, many boards in the past years and sadly, frustating even, probably the ones behind those alias have made money, maybe a lot of money.....
