Sierra Resource Group Inc. (fka SIRG)

[C.G.B Spender]

Here, I'll make it a little easier for folks who still don't get it (With pictures to)

SIRGQ (Sierra Resource Group Inc) filed for bankruptcy because they could not pay their debts to Sunburst Minerals, LLC. How much? Don't know, But I bet it was a lot

Thursday, May 28, 2015
Sierra Resource Group Inc filed with the courts
1. Summary of the Plan of Reorganization (Letter of intent) Filed by BARTON BUDMAN (arv) CFO of $SIRGQ
In layman's terms that means "Hey, we found a way to pay our bills"

2. SIRGQ also filed a "Summary of the plan of reorganization"
In layman's terms again that means "Hey, we got a plan to pay our bills and I'll break it down for you" (Just in case your at a 6th grade READING LEVEL) LETTER Filed by BARTON BUDMAN (arv) CFO of SIRGQ

Tuesday, June 02, 2015

3. Order Granting Motion Of Sunburst Minerals, LLC
3.a Notice of Dismissal; Notice That All Pending Hearings Are Vacated (arv)
Don't get it? Well I'll break it down, Sunburst Minerals, LLC will be getting their money because of the deal that will be signed on June 30th
Therefore their is NO NEED for the bankruptcy...



Still don't get it? Well move on then....