TSXV:HRE.H - Post by User
Post by
TrickyGameon Jul 28, 2021 5:40pm
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Post# 33618292
The OSC could be directly responsible for investor losses if
The OSC could be directly responsible for investor losses ifStan's Energy has several hundred thousand dollars of debt coming due in less than 12 months. If the company is still halted when that happens they run the risk of going bankrupt potentially. The OSC would be directly responsible for investor losses at that point for failure to remove the CTO even though up until this point the company has done everything required of them to remove the CTO. It's almost as if that the end goal of the OSC to keep Stan's Energy halted until bankruptcy because they still haven't removed the CTO since they keep stalling on removal of the CTO. They shouldn't even have done of full CTO because that harms investors, they should have placed a management CTO instead. If the CTO is not removed any ttime soon and the company goes bankrupt, my losses alone would be $48,395 CAD which the OSC would be 100% resonsible for causing.