Sierra Resource Group Inc. (fka SIRG)

[Warmy]

Yeah, whoever picked up those .0019s today is now up around 70% and that is a nice profit. The big question though is whether this round of dilution is ending or starting. If just starting, that 70% will disappear quickly.

If this is the conversion of the note I think it is, the holder had roughly 25 million shares to sell. Unfortunately, there is no way of knowing exactly how many have been sold but if I had to guess based on the 'time and sales' data I would say that there is about 12 million to go.