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jmhgolf

06/06/12 10:33 PM

#20857 RE: StockKingArthur #20855

They didnt pay that much according to the 10K. The 12 million figure isn't in writing I don't think. The figure comes from the offer of 1.2 million for 10% of the mine thats all. Now I realize they could just make up that offer to give the appearance of a 12 million property. It happens down here all the time. SIRG owning 80% and the other company 20%. Not sure if you noticed asher had a note come due ealier this week and one due in early July. It will be interesting to see if it is converted or ROD has someone on the board pay it off like has happened in the past with some other debt