Lets not forget the well desired R/S that might be coming for the loyal share holders.At least they have those pretty copper photos to look at!!S Sell IMO
There is no reason to SHOUT on the SIRG board or resort to using RED. Again the AS was increased in Dec. over 3 months ago. Do you have any new FACTS to contribute?
LarryM1977, are you able to get out now with profit or are you still a stuck holder in SIRG ? they made me wait a long time to before they pop this pos for me to get this money out of this run, I am here to make money by buying cheap and sell as high as i can.
I still have a lot left but i am buying cheapo s and flipping in my other second account.
WARNING, USE EXTREME CAUTION do not be fooled with sirg, there was recentley a massive increase in the A/S, and no matter how some want to convince that it is nothing more than window dressing for the company, those shares will be dumped right into the market. sirg has a history of doing such, just last year they increased their A/S and diluted. That time it was a couple hundred million shares, this most recent increase raised the A/S by close to 1 billion shares, and believe me, they did not increase the A/S for window dressing........sirg will be triple zero's in a matter of a few weeks...........
This is what i got mad about and did not like about SIRG CEO and board of directors. They keep switching the share structure increasing and then they decrees an then in cress again, they can't make up there mines, lol
Company Officers J. Rod Martin CEO Barton R. Budman CFO Timothy Benjamin Secretary Company Directors Timothy Benjamin Chairman Barton R. Budman Carlos F. Cardon Paul Enright Luis Munoz
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY. GENERAL INFORMATION
increasing the shares of our authorized capital stock from 460,000,000, to 1,500,000,000 of which 1,480,000,000 shall be designated our Class A Common Stock, par value $0.001, 10,000,000 shall continue to be designated our Class B Common Stock, par value $0.001, and 10,000,000 shall continue to be designated preferred stock, par value $0.001 per share, (the “ Preferred Stock ”) of which 1,000,000 shares have been designated and issued as Series A Preferred Stock.
Someone put lip stick on this pos and it's running, I can finally sell more of Sierra Resource Group, I knew if I waited they would have a little run come into it, I am now selling more of SIRG, dam i did make good bank here, but this is the way you have to play these pos penny stocks the CEO's of these little penny stocks the lie cheat and steal your money and anything that nail down to the floor and all they can get there hands on, that's why i buy dirt cheap and sell high and this one now is at it's high, but i am happy with the money SIRG made for me, this pig has lip stick on it and now it moves, lol I am not buying anything over 0.0099
This Information Statement has been filed with the Securities and Exchange Commission the (“ SEC”) and is being furnished, pursuant to Section 14C of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”), to the holders (the “ Stockholders ”) of the common stock, par value $0.001 per share (the “ Common Stock ”), of Sierra Resource Group, Inc., a Nevada corporation (the “ Company ”, “ we ”, “ us ” or “ our ”), as of January 1, 2012 (the “ Record Date ”), to notify the Stockholders of the following:
On December 28, 2011, pursuant to Section 78.315 of the Nevada Revised Statutes (the “ NRS ”) and our Board of Directors unanimously approved and the holders of a majority of the outstanding shares of our Company entitled to vote approved by written consent the following actions: According to Sections 78.320 and 78.390 of the NRS, a majority of the outstanding shares of voting capital stock entitled to vote on the matter is required in order to authorize the Articles Amendment. The Board of Directors of the Company voted unanimously to implement the Articles Amendment because the Board of Directors believes that an increase to the number of authorized shares of the Company's common stock and the authorization of shares of preferred stock will allow the Company to raise the operating capital immediately required for the Company’s operations, both (i) to bring the Company into compliance with requirements for reserve stock set forth in its loan agreements with Asher Enterprises Inc. and (ii) so that the Company may continue its operations while seeking sufficient funding to re-open mining operations at the Chloride Copper Mine. The Company is not expected to experience a material tax consequence as a result of these actions. Increasing the number of authorized shares of the Company's Common Stock may, however, subject the Company's existing shareholders to future dilution of their ownership and voting power in the Company. A copy of the Certificate of Amendment to the Articles of Incorporation effecting the Articles Amendment, in substantially the form to be filed with the Secretary of State of the State of Nevada, is attached to this Information Statement as Exhibit A . NO VOTE OR OTHER CONSENT OF OUR STOCKHOLDERS IS SOLICITED IN CONNECTION WITH THIS INFORMATION STATEMENT. WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.
(1) an amendment to our Articles of Incorporation (the “ Articles Amendment ”), increasing the shares of our authorized capital stock from 460,000,000, to 1,500,000,000 of which 1,480,000,000 shall be designated our Class A Common Stock, par value $0.001, 10,000,000 shall continue to be designated our Class B Common Stock, par value $0.001, and 10,000,000 shall continue to be designated preferred stock, par value $0.001 per share, (the “ Preferred Stock ”) of which 1,000,000 shares have been designated and issued as Series A Preferred Stock.
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Company Officers J. Rod Martin CEO Barton R. Budman CFO Timothy Benjamin Secretary Company Directors Timothy Benjamin Chairman Barton R. Budman Carlos F. Cardon Paul Enright Luis Munoz