Replies to post #16042 on Sierra Resource Group Inc. (fka SIRG)

[Actuate]

They chose their words carefully in that PR, and there was all of three sentences worth of information. Regardless of the status of the MOP, the TOXIC financing has not been eliminated. Neither has their need for for an increase in A/S.

Was this PR released because they knew that Asher is going to be converting and dumping shares soon??? The convertible note below can be converted at the end of this month.

Convertible Promissory Note with Asher Enterprises Inc. on February 29, 2012 in the amount of $30,000. The note has an interest rate of 8% with the maturity date of February 23, 2013.

This note could be converted at the end of last month. How many shares of SIRG does Asher currently hold and how far down will dilution of those shares take this stock's pps??? I guess only time will tell...

Convertible Promissory Note with Asher Enterprises Inc. on January 13, 2012 in the amount of $37,500. The note has an interest rate of 8% with the maturity date of January 7, 2013.