RE:Boris EmailThis saga seems to me to be achieving joke status for the company. The management for some reason apparently is putting out information via investor emails, which seems an inappropriate method of communicating to the market, and there is a market via the OTC.
In fact, this further complicates the issue re., why management would communicate in such fashion when only a sector of their investors can capitalize on any such information disclosures (conflict of interests?).
Not questioning TG’s communication here, just, that management responses would seem legally dangerous with the market trading issue. (Remember any communication to a stockholder via email can legally become public information).
In my opinion there are 3 future pathways for Stans and they would be well advised to allow one to occur without any further comment:
- Bankruptcy - allows management to move on. Note the award belongs to the funders and there will be no negotiated recovery of the entire amount with UK costs that would see a ½ mill $ to Stans.
- Come out of the trading halt with no money and no projects and hope for some catalyst to energize the company as the precious and critical metals markets advance. What does Stans have to offer to any public company (it isn’t money, project or knowledge after all this time as it would have happend long befroe this)?
- Reverse merger out of the halt with an entity that brings its project and/or cash to help energize the sp (e.g., private gold entity that wants to capitalize on an increasing gold market via public stock sales).
Again, there is nothing forcing Stans out of this trading halt as long as they meet ¼ filing responsibilities. In fact, believe me, it represents an excellent way of staying off the market radar, not having to make any news releases, really having to do anything while avoiding being potentially forced more quickly to bankruptcy. We are talking literally years to stay ‘in hiding’ using this method as others have done.
There again, they may trade next week.
GLTA -
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