TSXV:HRE.H - Post by User
Comment by
jonathanRdeCon Jan 13, 2015 3:25pm
187 Views
Post# 23314981
RE:RE:RE:RE:RE:RE:stock price
RE:RE:RE:RE:RE:RE:stock priceWhen the asset are seized, it is considered representing the amount of paiement due. The courts decided that 47 000 000 shares were equal to 118 000 000$ at the time they were frozen. This is the only thing that matters. At the time the shares are seized, the valued establish is the value that is taken into account. Fluctuations are noises and not relevant.
The shares will not be liquidated on the open market this is not the way to do it. Stan as 47 000 000 in escrow...if they win the case, then they will get the shares....period. Nobody will liquidate anything exept if stan decides to liquidate.
If Stan wins the case, the share where consider stans property, from the moment they got a positive ruling on them. The appeal in the courts, the enforcement of award in canada and any further procedures are only delays. Stan got a positive ruling and the courts awarded them 47 000 000 shares because those shares represented 118 000 000 dollars. Fluctuations are not relevant....stan already won the 47 000 000 shares !