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Re: g-ianni post# 72584

Monday, 08/26/2013 1:41:28 PM

Monday, August 26, 2013 1:41:28 PM

Post# of 94783
The stock was sold at a discount, because that is the way Pink Sheets companies raise capital.

Here's a good one: Did you think they sold the stock at face value OMG LMAO WTF LoL!

Maybe try this: It's not like they can go to the bank and pledge the stock as collateral at face value OMG LMAO WTF LoL!

Or how about: It's not like they can approach private equity and sell the stock at face value OMG LMAO WTF LoL!

The reason CEO Evans had to raise additional capital is because External Influences engaged in Value Destruction over a period of months and years. External Influences cost SGCP shareholders 2 billion shares, and are the reason CEO Evans had to deal with Bronson in the first place.

That's the element that repeatedly gets conveniently "overlooked." Of course it's always easier to grant self absolution and blame everything John and CEO Evans.




400 ounces of GOLD recovered through August 2012 http://www.sierragoldcorp.com/field_reports.php

196 DIAMONDS recovered through August 2012 . http://www.sierragoldcorp.com/field_reports.php

30 metric tons of rice sold into the local markets. http://ih.advfn.com/p.php?pid=nmona&article=52928792

1.5 metric tons of sorghum to the Heineken Brewery people. http://ih.advfn.com/p.php?pid=nmona&article=52928792

4 dredges, 1 wash plant, 3 tractors, a 5,000 gallon fuel bowser, multiple warehouse locations, over 3,000 acres under cultivation and a dredge manufacturing compound. http://www.sierragoldcorp.com/photos.php

4 years of monthly updates to shareholders via Field Reports: http://www.sierragoldcorp.com/field_reports.php

SEC Complaint against Edward Bronson/E-Lionheart Associates/Fairhills Capital for fraud against SGCP et al:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78910652

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