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smc9556702

08/16/12 8:49 PM

#16150 RE: $b_rich$ #16149

It's in there . Look harder. Do your DD.

Actuate

08/16/12 10:37 PM

#16161 RE: $b_rich$ #16149

I have searched every filing from 2010 through the most recent one, and it simply isn't there! If anyone would care to provide a link to prove me wrong, I would be happy to withdraw this statement.

This is what I can find on the topic.

All of the shares of Common Stock beneficially held by the Reporting Person were acquired in a Asset Purchase Agreement between the Registrant and Medina Property Group, LLc. in April 2010.


I find it odd that April 2010 was also the time when SIRG acquired 80% rights to the mine from Medina, giving Medina 12,750,000 shares of common stock in the process. He obviously didn't go through the open market to purchase the stock. My question is, did he go through Medina to avoid having to disclose just how cheap he got the shares???