RE:Liesmrstockguy wrote: Need an update now. They are taking the absolute p...
They are pirates.
this is heading south. Silence means bad news
You are probably just frusterated with the delay, I am too, I think we all are but I think Stan's has high chance of winning the case
A) There's a video of YT of Robert Mckay saying Stan's has evidence that a Chinese Government backed Chinese REE company bribed and/or tried to bribe republic officals to revoke our licence. Then it was. This is HUGE for us.
B) In 2017 the republic put up everything we owned up for sale with a clause saying the winning bidder MUST agree to take on ANY financial liability incurred as a result of a ruling in Stan's favor. There was a winning bidder IIRC, kamal Oil, but the deal didn't go through (Personally I view this an one of the most importment developments in our favor because I believe it shows the republic thinks they will lose and they are trying to get the liability off thier books as fast as possible.)
C) There was a change in government in the REpublic and they are tackling the corruption
D) At the 2019 AGM Boris said the longer the tribunal takes the more detailed the decision and the higher chance in our favor ( don't quote me on that IIRC someone who went to the AGM posted that) Our claim was put in May 12, 2015.
E) The republic applied to the English Court to have a Tribunal Judgement in favr of Stan's set aside. Their claim was rejected by the English court and we recently got a payment order against the REpublic totaling $697,000+ CAD.
F) The Ontario Superior Court of Justice Ruled the Court would enforce a seperate UNICTRAL judgement against the REpublic
G) *Speculative* India gave a $200 Million USD line of credit to the Republic on June 14th, 2019. Hypothetically they have the money to pay us if we win.
This is everything that's happen over the years and is a factor in why I believe we have a very good chance of winning the case. Everyhting I remember that is. There could be things I missed.