Sierra Resource Group Inc. (fka SIRG)

[Actuate]

Considering that if Asher converted the notes from April, June and July on the dates they came due, Asher would have received approximately 75M shares. I would have to say, Asher has plenty of shares to dump. It is only a matter of when they decide to dump them and if they decide to run a pump and run. IMO

They get shares at a 42% discount! They also calculate the value of the "average pps" as the average of the LOWEST three trading prices out of the ten previous trading days.

For the $26,002 they owed Asher in April, the "average pps" calculated as stated below would have been 0.0018. They would have received a "discount rate of 42% of the then going Market Price" which means Asher received the shares at $0.0008, and if they converted the entire note they received 35M shares. That is in April alone!

June 28M Shares
July 12M Shares

The holder of shall have the right from time to time, and at any time during the period beginning on the date which is
one hundred eighty (180) days following the date of the Convertible Promissory Note and ending on the later of: (i) the
Maturity Date and (ii) the date of payment of the Default Amount, to convert all or any part of the outstanding and
unpaid principal amount of this Convertible Note into shares of the Company’s Common Stock at a conversion price
representing a discount rate of 42% of the then going Market Price which shall be defined as the average of the lowest
three (3) Trading Prices for the Company’s Common Stock during the ten (10) Trading Day period ending one Trading
Day prior to the date the Conversion Notice is sent by the holder of this Convertible Note to the Company.