Sierra Resource Group Inc. (fka SIRG)

[jufel]

I was trying to figure out How fair is this type of Lending done by Key Capital Corp & Red Rock Assets acting as brokers:

Annual Calculation

1.Lenders Gain( get between 13% to 15% from a Fund equal to $13 Million ) = $1.95 Million

2. Total Revenues from the project = $13.72 Million

3. Total Net Profits (50%) = $6.86 Million

4. Total Broker's Income ( 40% of Net profits ) = $2.58 Million

5. Broker's Net Earning = $2,58 - $1.95 = $0.63 Million

Brokers'Net Annual profit % = $0.63/$6.86 = 9%

IMO it sounds fair to me ( I though it was going to be much higher )!!!