Sierra Resource Group Inc. (fka SIRG)

[Actuate]

The problem I see with anyone adding shares even once the TOXIC financing companies tank the stock is who is to say that SIRG can actually get into production with the current increase?

SIRG has an operating cost of over $80K /month.

They owe over $500K to financing companies already, and Asher is now going to become their main source of financing.

Asher dilutes without any regard for the PPS.

I could easily see either another A/S increase or a R/S in the future for SIRG. When a company comes out and says their only option is to borrow from Asher, you know the hole they dug is pretty darn deep!!!

They are so deep in short term TOXIC debt that they are borrowing money from one company to pay the others off. The old saying "borrowing from Peter to pay Paul" seems fitting right now!