RE:RE:RE:RE:New CEO? Wadsworth? Who's is going to be?Hamoudi wrote: copperplay wrote: The only way current shareholders get paid is vending a new business opportunity into this...with dilution or and not sure if this is even a possibility
Arbitration to pay Sonoro for their 25% but based on the press release yesterday doesn't look good
no matter what this stock will remain dead for a few more months in my opinion
"Sonoro may excute and deliver the settlement agreement in the near future, however Sonoro continues to consider all of its available legal options."
Expect news soon if they execute the settlement agreement. I don't think MGE's proposal will last an eternity. JMHO
Yes I agree. It definitely will be news if SNV executes the settlement agreement.
But why should we? The only downside would be possible negative repercussions with the authorities. Other than that, what's the repercussion for SNV? Nada.
SGE has proposed a settlement agreement. Have we? and if we haven't why not?
I presume SGE's proposal is simply the return of the 25% PSC in exchange for debt settlement.
Has management considered putting forth our settlement agreement?
I suspect legal opinion is being sought for this scenario.
If our 25% stake is worthless, then why is SGE proposing a settlement to ontain it?
I'd like to see a counter proposal from us. Management owes us at least that. We have nothing to lose.