Sierra Resource Group Inc. (fka SIRG)

[Warmy]

SIRG was downgraded even if only for a day. Link with pic...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78572104

I don't know what their "Master Plan" is but the MOP being "accepted" is still in question whether or not that means received or approved. The word 'accepted' when used as a verb means received and when used as an adjective means approved. Which form of word is used in the PR?

As far as share ownership... I'm looking into that now and the relationships between the involved parties and how the shares were acquired is getting very interesting. Here is the 13D for anyone interested.

http://www.sec.gov/Archives/edgar/data/1076966/000110801711000139/sc13d.htm

Item 3. Source and Amount of Funds and Other Consideration.

All of the shares of Common Stock beneficially held by the Reporting Person were acquired in a Asset Purchase Agreement between the Registrant and Medina Property Group, LLc. in April 2010.

Item 5. Interest in Securities of the Company.

(a) and (b) Martin is the beneficial owner of an aggregate of 9,700,000 shares of Common Stock of the Company, representing approximately 8% of the total issued and outstanding shares of Common Stock as of March 21, 2011. The shares are owned 9,700,000 shares in the name of 5277 Partners, LLc.