TSXV:HRE.H - Post by User
Comment by
nolancoleon Mar 27, 2015 5:57pm
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Post# 23571185
RE:RE:RE:RE:WHERE ARE THE REGULATORS???????
RE:RE:RE:RE:WHERE ARE THE REGULATORS???????Lendahand... you talked about dates. Here are the dates supported by legal filings.
11/21/2014 - STANS announces a non brokered placement of 20M shares at .10, to include a 1/2 share warrent under restricted conditions. The offering was to secure $2M for ongoing legal expense.
The offering was not completed while the share price fell below the .10 proposed non brokered placement. We can debate the reasons the share price fell during this critical period. During the 14 week attempt to sell the non brokered placement the stock price fell below the placement price making it a poor business decision for anyone to spend more in a private placement than they purchase for on the open market.
3/9/2015 - Boris sells 269K shares at .11
3/19/2015 - STANS announces a non brokered placement of 26.6M shares at .075, to include a 1 share warrent under restricted conditions. This offerimg was to also designed to secure $2M for ongoing legal expense.
3/23/2015 - Boris sells 334K shares at .075
So again...
* All transactions were conducted through legal filings.
* $2M is again the target amount.
* Boris did not purchase shares out of the private placement before others had Press Release knowledge of the offering and an opportunity to participate.
* Boris did not keep the proceeds from the sale... he reinvested. How do you see this as anything other than a vote of confidence unless you believe it is somehow smarter to lose the same amount on 334K shares instead of 269K?
I respect all opinion... but I also respect factual evidence.