Wednesday, December 23, 2009 12:49:23 AM
unchanged:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=P%252f%252fqC4JcPAze%252bKh96mgV2g%253d%253d&nt7=0
So that tells me the carbon credit income is going to happen very soon.
Some here say IR implied a couple of months ago that the Authorized Shares (A/S) was maxed out.
If so, dilution stopped before the last run up in share price to .009, and there has been no move by SGCP Management to increase A/S like so many developmental Pinksheet companies. The Nevada SOS website confirms those assumptions. SGCP must know we are about to have an alternative cash draw source and there is no need to dilute with increased authorized shares.
I expect carbon credit forward sale news before the end of the year or in the first week of 2010. Why? Because there have been numerous inquires about SGCP's CC forward sale of SL1 as reflected in the 12/17/09 Field Report. You don't ask about someone's carbon credits unless you already have the money to buy. If there is nothing toxic about SGCP's CDM approved CC's, they are sold NOW! The delay in releasing such news is caused by the Green Giant lawyers, IMHO.
I am excited and fully invested in SGCP. May God bless us for the sake of those we can help with all this in Sierra Leone if not for our own benefit.
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