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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 > The OSC could be directly responsible for investor losses if
View:
Post by TrickyGame on Jul 28, 2021 5:40pm

The OSC could be directly responsible for investor losses if

Stan'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.
Comment by StockToRise on Jul 29, 2021 5:31am
Regulators are not any one's friend. Look up Freedom Investors Club and the BC Securities commission.
Comment by mrstockguy on Jul 29, 2021 10:55am
Boris did not comply with the rules. It's not the OSC. Boris treated this like his private company. Had no AGMs, no releases, no website, didn't pay for the required updates. your frustration should be vented at Boris not the OSC. He is responsible for your losses and keeping you on a leash with his updates via emails. he chose to wait six entire months to deal with this when it was put ...more  
Comment by TrickyGame on Jul 29, 2021 12:37pm
The company was negoiating with their former audtior that's why it took so long to start the process. But how do you explain the OSC taking over a month to respond to the company when they knew the answer to thier own question from April 30 to mid June? It doesn't make any sense unless you look at it from a perspective that the OSC is stalling and trying to keep the company halted to ...more  
Comment by 123buyholdhope on Jul 29, 2021 4:17pm
TG I feel your pain. I have kissed goodbye to an amount nearing your potential Stan losses on the 7 yr. halt company I have mentioned in posts. I have other losses as well over the decades. However, these are all part and parcel of serious speculative investing; especially on the TSXV. Please, let me say one more time and this will be it for me. Any securities entity overseeing the CAD stock ...more  
Comment by TrickyGame on Jul 30, 2021 6:26pm
It's in managements and the directors best interest to have Stan's Energy unhalted and have the share price rise because last time I checked management and directors own a collective 25 million options priced at 5 cents each.
Comment by 123buyholdhope on Jul 31, 2021 11:07am
Fair point. However, at 0.05 cents there is only one way, IMO, to achieve that increase in sp and that is with a serious change to Stan's asset base (e.g., a non public company with a metals, real estate or med', etc., focus takes over - see previous post on Namibia - don't have any stake personally). MOU's and LOI will not cut it.  Or, for some unknown reason, Stans can get ...more  
Comment by TrickyGame on Jul 31, 2021 2:05pm
One way for Stan's to easily acheieve over 5 cents sp is to finish the rosatom deal at 50/50 joint venture finalized then for Stan's to sell a portion of thier stake in the deal to raise cash. A tier 2 company on TSXV needs at least 50% interest in a property but a Tier 1 only needs a substantial interest. I would say 20% to 40% interest in a property is still substantial.  All that& ...more  
Comment by mrstockguy on Aug 01, 2021 10:24am
Boris is leading you on. Here's been saying just one more week to you for the last four to five months. I do wonder when the penny will drop and you'll say enough is enough and you'll stop believing the words coming from him mouth.. Stans won't be trading this year. It's out of business. They have no money. There is no business. He has to resign as a director with immediate ...more  
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