You are correct MAAXXY, it has taken SGAE a long time to work out a solid business plan with financing.
Fortunately, the Company now has a highly qualified President/CEO/CFO/Treasurer - Christopher P. Vallos in the US who was formally placed on the Board of Directors of SGAE in the first week of November.
I would definitely expect that based on his working history and talents SGAE will likely have a decent upgrade in the coming months from what new business he is able to fully organize.