Stans Energy Corp V.HRE.H

RE:RE:RE:RE:RE:dilute

[Kaliahk]

Jimmy, FYI I am a commercial lawyer in the US that made the mistake of investing in Stans and not selling out when I should have.  I have watched management mislead us, and mismanage the litigation process.  If you had read me from the beginning you would not have invested any money in this company since about Oct 2015 when it became apparent to me that their arb in Russia was improper (which I explained on here and was crucified for).  I have always thought they had a good claim but they tried to get cute using Russian connections and not go through UNICITRAL which would have been the safe bet.  That decision wasted 2 years of time and treasure.  We would be through the UNICITRAL process including appeals and be getting paid by about now (and not having to give up part of the recovery) if they had just done things the straight forward way.

Now we are faced with another 2 years before we get paid by Kyrgz if parties don't settle, although I would expect any decision out of the UNICITRAL tribunal to likely withstand challenge.  The idea of diluting the shares to pursue a project before we know what the result of the arb process will be is assinine and only beneifts management and not the shareholders.  Maybe if you are in for 5 cents instead of a buck, the dilution does not matter to you, but I am in for a dollar and not putting another penny in until management discloses the terms of the litigation financing deal they made and their intentions on how and when they are going to raise further funds to pursue this lithium deal along with the result of the due diligence (if I even put anything in then).  Personally, I think this company shouuld have been left as a litigation stock with any new pursuits through another company.  But management continues to want a paycheck so they chase other deals and milk the value of the litigation dry to do so.

You are obviously a moron if you think what I have said over time has been bad advice because I have been correct on what was going to happen all along (like the Russina arb being set aside and the asset freeze being set aside in Canada).  I was a moron for not selling when the stock was $0.25 when I saw the handwriting on the wall thinking I would just average down at some point when management got its act together.  Would like an AGM so we get some answers.