Alex, alas, SGCR is an OTC BB stock. In my estimate, only 90% of OTC BB stocks are scams as compared to 98% of pink sheet stocks. The main difference is that OTC BB stocks actually REPORT to share holders. What a concept! Tell share holders what is happening with their money!
Unless you are really good at playing pump and dumps, the pink sheets are a quick way to the poor house. They are a money pit.
BTW, when I use the word "scam", I am lumping together all companies that will never be profitable. Some small companies have honest management that makes a real attempt to succeed, but they still fail. I consider those to be "scams" because the result for investors is the same.
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