Sierra Resource Group Inc. (fka SIRG)

[Warmy]

Of course there is only one Asher note remaining. Asher stopped loaning SIRG money because SIRG was not in compliance with the terms of their notes. Thus the increase in the A/S.

Asher isn't the only concern though. There is more toxic financing through Grand View and FOGO than there was with Asher. What's worse is the interest rate is higher and the terms shorter. Even to toxic financing companies SIRG is becoming a big risk. Just like any lender... the higher the risk, the higher the interest rate and shorter the term they are willing to lend.

$200,000 more due in two weeks. Who is going to be left holding the bag of worthless paper? It isn't going to be Grand View or FOGO. The battle of which toxic financier will dilute the fastest is about to begin.