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Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company is transitioning into a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Its subsidiaries include SevAmRus CJSC, Kutisay Mining LLC and Kashka REE Plant Ltd.


TSXV:HRE.H - Post by User

Bullboard Posts
Comment by 1crisisatatimeon Jan 13, 2015 1:29pm
203 Views
Post# 23314356

RE:RE:RE:RE:RE:stock price

RE:RE:RE:RE:RE:stock priceStans will receive $118,000 US plus interest and perhaps costs. The shares (47,000,000) will be liquidated to satisfy our award. The number of shares it takes to satisfy the award will be sold and the assets transferred to stans account. The court only seized 47 million shares, because they anticipated a share price decrease, and they will only liquidate enough shares to satisfy the award, based on the share price at time of courts' ruling. They cannot simply liquidate 47 million shares to satisfy an award of 140 million dollars, particularly if the share value is where it is now. The court can only seize enough to satisfy the award. There are no extras, or punitive damages here, as in many cases in the US. When we finally have a ruling, we will be paid on share value at time of decision, and probably averaged over 30 day trading cycle, or similar. I expect the share price to plummet, once the decision is final, and 47 million may just cover the award. Who knows?
Bullboard Posts