Sierra Resource Group Inc. (fka SIRG)

[thizsukz]

There is no proof that they will need to address this issue in the future.

1. Either Asher eased up on the requirements or waived that portion of the note entirely because as it has been proven the increase never occurred.
2. They were able to get rid of substantial portion of the notes in Q1 and the share price is much higher than it was at the end of last year so the number of reserve shares is down as well.

You can make guesses that they might need to increase the shares but that is all they are and you have no proof that they will need to do that in the future.