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Bullboard - Stock Discussion Forum Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company is transitioning into a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Its subsidiaries include SevAmRus CJSC, Kutisay Mining LLC and... see more

TSXV:HRE.H - Post Discussion

Stans Energy Corp > Assignee of Stans award asks D.C. federal court to enforce
View:
Post by TrickyGame on Dec 15, 2020 2:56am

Assignee of Stans award asks D.C. federal court to enforce

Kyrgyzstan Must Pay Over $15M Award, Court Hears - Law360

 can't read the rest but I believe if the court rules the republic has to pay Stan's gets its $500k USD as agreed which would be $638,000 CAD
Comment by Kaliahk on Dec 17, 2020 2:31am
Hey Tricky.  See you are still here.  Hadn't checked in on Stans since my 4/1 post, which you trashed.  Then the majority of what I said would happen did 6 days later. Now the last part will happen.  The Kyrgyz will pay, and Stans will get a little cash, which will be paid to management (as wages always get paid first) and they will walk away. In my opinion, management ...more  
Comment by mrstockguy on Jan 04, 2021 7:47am
on that note,  has anyone heard why they are still halted. i thought they were getting this sorted out by oct/nov last year. I mean, they've only had 8 months to sort out accounts. Is that too much to ask for a publicly traded company or have they given up communicating to their shareholders now.
Comment by 123buyholdhope on Dec 19, 2020 1:32pm
Thanks for posting. Unfortunately, looks very much like a ploy by the funders lawyers to situate the case in a US court knowing the ‘accused’ would not show or even recognize such a court ruling. They are simply trying to get another legal ruling in the funders favor hoping that this will ‘eventually’ encourage Krygyz to agree to pay something. A $15 mill award probably now doesn’t even cover ...more  
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