Southern Pacific Resource Corp STPJF

RE:Immediate impact on SP after a sale announcement

[wittmann]

I on the other hand am not green when it comes to takeovers,or sales of companies ,as I have owned a few that have undergone such events.So to answer your questions Shat,all of the above....but with refinements.Mostly a vote is held with common shareholders having a say for example.The space here is too small for me to go on.,but I will say this ,that most of the posters here are flip flop clowns that express  fear when this stock drops ,only to become giddy like school girls when the price goes back up lol.I'm not  a regulator on this board but this attitude is childish...if you guys cant stomach this stock shut up and get out with your pathetic shares.Anyone that has been in this stock for real knows its not for the faint of heart.
As for a buy-out I will say again that dont hold your breath for anything favourable,WE HAVE NO LEVERAGE !!!   I FIND THAT  IS SUCH A SIMPLE FACT THAT EVERYONE IGNORES. A joint venture is possible ,so is a foreign investor,say,but an outright sale isnt possible ,at least not a good one for us.
Some of you guys have lost your senses.....WHY would anyone buy this company??? Would you knowing what you do about it???  But you expect someone else will just because you HOPE???
I sure dont like starting rumours so this is IMHO,but if STP is in talks with a foreign entity,this strategic review can last much longer because of the complex ownership rules.I will close by toning it down a bit,but some guys need to relax because this company has broken NO laws ,it cant control the selling,and communication can also compromise... sometimes.
Hang on till something concrete happens..its all that we ,and STP can do.