Sierra Resource Group Inc. (fka SIRG)

[Actuate]

I believe that he is talking about the $5,000 per board meeting and $1,000 per teleconference meeting of the BOD. $1,000 per teleconference is a pretty nice perk IMO.

In addition to the annual compensation above and reimbursement of reasonable expenses, each member of the Board of Directors shall be entitled to meeting attendance fees (payable quarterly in arrears) of $5,000 per Board of Directors Meetings and $1,000 per Board of Directors Telephonic Meetings.

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9223779