Sierra Resource Group Inc. (fka SIRG)

[Wucher]

Not that there is anybody out there who still cares, but anyway …. here is a bit of educational info from FINRA regarding the Q removal process. Long-time board followers will know that following the “Q Removal” pump, it was determined that FINRA’s action was a routine administrative procedure that signified absolutely nothing more than the fact that Sierra was no longer in bankruptcy. This latest piece from FINRA further clarifies that the company had nothing to do with the Q removal. There was no application by any company official, nor was there even a fee associated with the action. This info shows that the multitude of posts, at the time, which claimed otherwise were pure bullshyt.

I think that, in all probability, Messrs. Budman and Benjamin have been up to some serious shenanigans. However, it would appear now that Q removal was not part of the scam. It was certainly exploited through misrepresentation and lies, but it was not initiated through any fraudulent application.

Won’t hold my breath for any recovery in the stock price, but I don’t think the story is quite over yet.

Counting on the feds to get the bad guys.

Removal of the “Q” from a stock symbol is done upon receipt of documentation regarding the dispensation of the proceeding usually from either the trustee and/or the bankruptcy attorney. This is not a corporate action, such as a name change, that is processed by FINRA for a fee.

Bankruptcy proceedings are a matter of public record. You may look up bankruptcy cases using the Public Access to Court Electronic Records (PACER) at this link: https://www.pacer.gov/

If you believe that there is market manipulation surrounding this stock, you may file a complaint with us at this link:www.finra.org/investors/investor-complaint-center

Or with the Securities and Exchange Commission at this link: https://www.sec.gov/complaint/select.shtml

Thank you.