the russian deal is dodgy! SKG will announce when and IF they get the $23 m USD from the Russian group which is "expected" to occur before June 30.
Thats what SKG state and thats where the major issue is.
The market obviously agrees as the price has halved since they announced this "deal"..
To date there is NO money from the Russians.
And SKG have borrowed money from Cornels which has an interst rate of 12% plus an effective discounting of shares of another 6%.
I call that 18% interest.
I call that a "risk" factor attached to the loan.
The facts speak for themselves.
SKG
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