Stans Energy Corp V.HRE.H

RE:RE:Any takes?

[TrickyGame]

nolancole wrote: VERY cautious optimism is my take. First of all... they spent a significant amount to for the timely filing of the annual financial report. Second... it appears company officers have loaned Stans Energy money. The amount and interest rate they are charging is in the report. It would also be easy to argue they are broke and soon out of business. My issue is that in hindsight there have been very costly mistakes made in the litigation process BUT... thus has always been a David and Goliath story. All of my communications going all the way back to Mr McKay have reflected integrity and commitment to company success. I remain cautiously optimistic that integrity and commitment can still manifest itself in a merger, partnership, or project given the company connections, experience and patents. Time will tell.

I saw that too the directors have loaned Stans Energy $103,800. You are right it could be argued that the Company is finished but even with that line of thinking why would the directors loan the company that much money if they thought the company was going under? When if it was going under there is a decent chance the directors never get that money back?

An optimistic way of thinking about this is the company must have something in the pipeline. Why else would the directors loan the company money? Taken together with Boris saying they are working on real prospects they will announce in due course and no insider transactions now this, it seems to me its highly likely the company has something in the works, whether its a buyout, merger, partnership or project we will have to wait and see.