Replies to post #4243 on Sierra Resource Group Inc. (fka SIRG)

[lmcat]

The 10Q does not give the details. I am assuming that this is the one but can't be sure. The 180 days maturity was clearly a mistake on the part of SIRG's previous CEO.

Notes payable and accrued interest to Asher Enterprises –December 2010; Converted July 2011

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8248347

At least the interest rate was only 8% as I have seen most of these notes at 10% and as high as 18%.