For anyone curious where SIRG's future funding is coming from, this paragraph states that SIRG intends to utilize more Asher TOXIC FINANCING to fund their $80K /month operating expenses!
At the meeting of December 28, 2011, all then board members, Timothy Benjamin, Ricardo Cordon, Luis Munoz, and Michel Rowland, were present. The Company’s dire financial situation was discussed. At the time, the Company had negligible cash on hand and many overdue bills, including respecting the mine property that is the Company’s principal asset. Our Board of Directors reviewed the Company’s funding needs, and concluded that continued working capital from Asher was the only alternative.
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