Replies to post #24559 on 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...

[StockKingArthur]

Starting the rumors about the permits will not work this time. You pointed out exactly what is taking place. Desperation with the permits I doubt will be fooling anybody this time around. Thanks for the awesome DD Actuate.