Replies to post #18422 on Sierra Resource Group Inc. (fka SIRG)

[jmhgolf]

Ok whats your point? It costs money pre production to get up and going. I believe us longs are very happy with what Rod has done with our money.

[lmcat]

Why post only half the relevant information?

The Company entered into a Promissory Note with Grand View Ventures on May 3, 2012 in the amount of $133,000. The note has an interest rate of 15% with the maturity date of November 1, 2012.

In May 2012, the Company issued a convertible note with a face value of $133,000. The note matures on November 1, 2012, bears interest at an annual rate of 15%, and is convertible into common stock of the Company at the option of the holder at a conversion price of $0.045 per share.