We know the float increased.
(which included 14 million shares the company sold during the last spike which killed the run at .0044- this was confirmed by exact date by the TA by myself)
But what proof is there that the shares were actually sold by SIRG and not by a 3rd party? Did the TA verify who actually sold the shares?
SEC Form 4
Date
Sym
Company
Insider
Title
Shares
Transaction
Value
Jan 20 2011
Aug 1 2010
SIRG Sierra Resource Group Inc Hebb Brian former 10% owner 3,000,000 Converted deriv at $0.00
INSTITUTION NAME SHS HELD SHS CHG %CHG $CHG* %OUT %PORT RPT DATE
Fisher Investments 3,000,000 3,000,000 100 0 2.1 0 12-31-11
Beacon Trust Company 26,000 26,000 100 0 0 0 12-31-11
14 million shares is not a lot when SIRG has traded in excess of that amount on several days.
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