Sierra Resource Group Inc. (fka SIRG)

[Actuate]

To take a deeper look at the >$383,398 SIRG owes to Grand View Ventures on October 15, 2013, we can take a look at the amount of shares they would need to sell in order to pay this note off.

$383,398 / 0.002 = 192M shares

If there was good bid support, this might be possible, but since there isn't SIRG would likely need to sell even more shares to fulfill the notes. How far down would this go if SIRG tried to dilute that many shares?? Would it even stay above the trips? Probably not...