Southern Pacific Resource Corp STPJF

so i got a question

[farmerman]

If they are in another review and if no news is out for shareholders why are they allowed to seemingly activate and sell stock?
Does anyone know anything about this?
Would this be ok with Alberta Securities?\
Sure the amounts are small but what is the rule? What is the law?

[ShatnersRug]

Hi Dave, In truth, does it really matter? However, if we look at transactions in question. These purchase plans were enacted quite some time ago. They would occur regardless of the circumstances. Thus, they are not violating the blackout period for the "strategic review". This is just my uneduated view on the topic. If you guys are looking for some long-term, thought-provoking reading

[farmerman]

Well my crystal ball predicts $38.64 Brent $32.12 WTI By Stampede Prices stabalize around $46 come september and stay there into 2016 I think this based on the cost of production from Saudi, Kuwait, UAE, Russia and Lybia. They have larger budget requirements so what so do I but if you cant sell it higher you product at your $15.00 per barrel cost and pump like mad. I see a huge market crash across

[stockwrestler]

well, 25m bid at 005; someone expects it to survive? glta

[bambus]

did it fill ?

[ShatnersRug]

It's not covering shorts. As at Dec 31, only 351,500 shorted. Not to take the wind out of your sales, but 25,000,000 shares at half a penny represents $125,000. L2 as of 9:25AM: T:STP Depth by Price @09:24:26 Bid   Ask Orders Size Price   Price Size Orders 1 8,000

[bambus]

if they believed in stp survivor they would be buying at 0.01....

[birdie22]

Maybe a Bond holder hedging their bet just incase it is goes to Equity on a sale/restructuring vote.