Sierra Resource Group Inc. (fka SIRG)

[Sprycel]

Prodigy, thanks. By looking at IMCAT's information, I need to understand where this is right now.

The current authorized is 1.49 BILLION and it was just increased last week from 10 MILLION, that's a huge increase.
The insiders own about 10%
There are still outstanding CD's working against the stock
The company owns 90% of the mine and are trying to raise the cash to buy it outright which may require further dilution because the company currently is not producing any revenue.
The dilution in the past was used to start paying off the CD's with some still outstanding.
There is about 700 million shares issued and outstanding.

Before I go on, is this information correct based on the posts I have read?