ohhhh boy...........
"Once SDRG forces Shengda to also absorb the remaining 4 properties to complete the 20% Sino-top..." Lolll you sincerely think SDRG is in position to that, has enough power?!? Lolll dreamer Marc has none!!! Even with an higher valuation....
OK FDA, where your 5M is coming from?!!? Here are the numbers from the last 10Q (September 30th, 2015) and the total liabilities are $9,200,934!! Since then, interests, Marc accrued salary and all hi expenses, other debts!! And we all know that SDRG hasn't cashed $4M since then!! But hey I can bet everything you won't provide an explanations....
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities
Bank indebtedness $ 42,551 $ 463
Advance credit note (note 8) 1,069,279 1,069,279
Accounts payable 726,039 624,861
Accrued liabilities 1,108,192 975,518
Promissory note payable (note 9) 166,623 166,623
Convertible notes payable (note 11)5,785,363 ,391,687
Related party payable (note 12) 145,587 181,020
Current portion of long-term debt (note 10)
62,920 -
Total current liabilities 9,106,554 7,409,451
Long-term debt (note 10) 94,380 128,880
Total liabilities 9,200,934 7,538,331
