Just like all of the toxic financing that has occurred so far, any further financing deal will have to be submitted to the SEC via an 8-K or included in a 10-Q or 10-K. Since no filing has been made as such, no financing agreement (contingent or otherwise) has happened.
There is no change at all that any reputable lender will finance SIRG given the toxic finance deals that they have made and their failure to pay back said deals. The only option SIRG has is the same one that they have been using to this point. That is the high interest, short term toxic financing that they have not been making payments on.
Due to the lack of payments (among other failures), Grand View has now forced their hand. The enforcement of terms by Grand View is the last "coffin nail" for SIRG. Once they default, as their history dictates that they will, the mine will belong to Grand View and SIRG will have nothing to leverage a loan against.
With nothing left except shares to sell, SIRG will dilute the common stock for all that it is worth. Finally, with a worthless stock, no financing and no mine the last option will be bankruptcy. Once bankruptcy is filed, the common stock will be dissolved and investors will have nothing.
