Sativa Growth International (SAGD)

[cxmd]

latest 10q is good to neutral. notice that it did not mention the LOI JV announced earlier, which is proper. the 10q is for the sept quarter and should contain only events that occurred within that period.

Going back to the LOI JV announcement, $200,000 WILL GO A LONG WAY in alleviating the cash squeeze SAGD is experiencing right now. THAT IS VERY VERY VERY GOOD. Averaging it out could mean at least $17-18,000 PER MONTH for the next 2 years. Translated, it means NO MORE ASHER.

Just the fact that there is LOI JV within the 60 days (should about 45 days now) bodes well for the company. It means someone is willing to risk $200,000 just for the exploration/expertise stage alone. It means there is SOMETHING IN THE GROUND.