InvestorsHub Logo
Followers 314
Posts 10713
Boards Moderated 16
Alias Born 02/24/2010

Re: None

Tuesday, 02/28/2012 9:06:07 AM

Tuesday, February 28, 2012 9:06:07 AM

Post# of 62039
WATCH OUT!!! from their last 10-Q.

The accompanying condensed financial statements have been prepared assuming that we will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. At September 30, 2011, we had an accumulated deficit of $10,419,065 and a working capital deficit of approximately $1,523,209. During the nine months ended September 30, 2011, we incurred a loss of $1,891,627. We had no significant revenues or earnings from operations. We will in all likelihood sustain operating expense without corresponding revenues. This may result in us incurring a net operating loss, which will increase continuously unless and until we can achieve meaningful revenues.

No revenues. No audited fins, see 10-Q for details of toxic financing!

They lost more per share then the shares are worth.
This is why SIRG going down in pps.


Click To Visit

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.