Sierra Resource Group Inc. (fka SIRG)

[thizsukz]

This actually makes sense that they would not need to increase the A/S as previously noted. The primary reason that they needed to increase the A/S was to satisfy contractual agreements they had with Asher. There were was a term in their contract that the available shares be greater than some multiple (don't know it off the top of my head) of the balance owed to Asher. Asher's notes were mostly retired in the first part of the year negating the need for the increased A/S.