Sierra Resource Group Inc. (fka SIRG)

[Warmy]

Yes, according to the terms, they do own 80% of the mine. That was not ever a question or concern. Agreed, they can default on that note and still own 80% of the mine. However, when notes are tied to the sale of real property, defaults can be settled by leans against that property. They need to settle all concerns regarding their single potential source of future revenue before all else.