Western Sierra Resource Corp (WSRC)

[lmcat]

Is your contention that someone just wrote a check to WSRA (actually 2 $50K checks have been written) without getting something in return?

The GDSM Series E Preferred Convertible Shares given to WSRA in 2009 were to be sold to fund the GC and GS JV with WSRA to raise $400,000.

If I bought 8,000,000 of those shares for $50K I would want to sell them. Marc's Aug 16th amendment changed the conversion to common from 1-1 to 15 to 1 so when I convert those Series E shares I get 120,000,000 common shares and I would want to see at least half of them.

But there are not enough O/S or A/S shares to cover the current O/S plus my 120,000,000 new shares.

With a tagged TA how does anyone know what is going on? All investors can do is rely on the filings done in Florida as the recent quarterly statements filed on OTC Markets are wrong!