Sierra Resource Group Inc. (fka SIRG)

[biomanbaba]

facts from the last 10Q

Financial Condition.

We do not have sufficient cash or other material assets and we are relying on debt financing from shareholders, officers and directors to meet limited operating expenses and finance our future operations. We do not have sufficient cash or other material assets, nor do we have sufficient operations or an established source of revenue to meet our operational costs that would allow us to continue as a going concern. We are insolvent in that we are unable to pay our debts in the ordinary course of business as they become due.

Results of Operations