Stans Energy Corp V.HRE.H

RE:RE:RE:RE:Does anyone here know...

[Kaliahk]

Simon,

If you have read my posts for the last three years, then you would know I have been spot on in my legal analysis, and my criticism of management.  I am not a basher either.  I am discussing my views of this stock and management - both of which have been very disappointing.

Stans management has made lots of agreements - but why would Rosatom or anyone make an agreement with Stans when Stans has almost nothing to offer but potential access to capital - which, if current shareholders are not going to be diluted to nothing, is limited to the money it might make from the litigation.  Does Stans management have any experience in lithium mining that it is bringing to the table?   So Stans management gets to continue taking a salary and options based upon the current minimal share price (since their prior options from more than a year ago are basically worthless).  How much dilution will be required to fund the company through a BEA on the lithium project?

You make fun of my statement that Stans management is pursuing the lithium deal to continue to justify taking a salary, but how much do you think all those options they have earned from the invception of the company are worth today - probably less than a couple months salary.  And they will never have much of an interest in the company if they don't continue to get options at the current miniscule share price compared to what tthey earned options at previously.  DiD you know the officers and directors received option for 5% of the Company in March or that current stock compensation for officers and directors (in addition tothe 5% of options) to date in 2017 in 8 times in dollar value what it was to this date in 2016, even though financial compensation remains the same.  Isuggest you read the latest sedar filing.  You don't think that this is a consideraiton of those running the Company while not having shareholder meetings?  Why choose to use Stans to pursue a lithium deal instead of a new company formed for that purpose?  So they can use the assets of Stans to pay themselves while they do so.  And because no one else would have funded trying to straighten out the lithium deal - they still haven't got the ownership of the lithium tailings stockpile resolved from what I can tell.

Also onthelithhium deal - if Stans spends a million on due diligence they get 5% of the company that holds the lithium rights, 25% if they fund a definitive feasibility study (BEA?).  And there is not even a final binding agreement for obtaining the balance.  Has Stans determined what liabilities the company they will be acquiring an interest in as a part of this deal carries?  Do shareholders have access to the financials of that company?

Are you aware that Stans currently has liabilities of $10.7 million and climbing (but only about $20,000 in cash)?

I want to see an AGM and I want the management to make adequate disclosures (sedar filkings cause me more questions than they answer).  I have been waiting to average down, but until the company makes adequate disclosures, i'm not doing it. 

But do your own due iligence - like everyone who called me a basher while they were putting all their spare money on Stans at $0.20 because Stans management were telling them that the advisory opinion supported Stans prior arbitration award and that they were going to distribute all the net litigation proceeds to the shareholders (whatever happened to that promise anyway?).