Sonoro Energy Ltd. V.SNV

Proxy vote

[MJB4231]

Papers have arrived

[copperplay]

Is there a chance these donkeys have been waisting so much time and delay after delay only to agree to a reverse merger around AGM time? wouldn't that be the icing on the cake with current 3 guys 

[SlyFox1]

Seems like this could drag until they figure out what SGE has done with Selat. I'd want an answer on the new article that was released before any merger. It substantially changes the valuation 

[MJB4231]

That's an excellent point

[copperplay]

I submitted my votes online today scanning in the QR code and voted all these clowns out and hope everyone else does the same because it will be tough to outvote Bill and Dean who control probably close to 20 million shares We need a major change these guys have done nothing but fail for 4 years and stock is a reflection of them!!!

[copperplay]

Why would anyone vote these guys back in with no plan forward?  This makes no sense to me  what are these guys doing?  What next?  When does cash run out?  Do we actually get revenue from our 25% Oil production?  How much do these lawyers cost?  Can we get compensation to be pushed out?  What other oil and gas opportunities can you get with no money?

[StratCap]

  Voting these guys back in after 5 years of going nowhere. In fact, multiple reverse splits and now stock trading at its lowest price post split x 2 is just terrible performance.  Are you ready for another year of this before next AGM? Brent Crude price hit a high of $120.00 per barrel yesterday. New blood needed badly with new ideas and networks. Your portfolio deserves it.

[GeorgiaStreetE]

There is no end game for continuing with the pie in the sky idea that these guys will strike gold somewhere in Indonesia if left on payroll long enough. The only question is whether or not they can get Sonoro paid for the portion of the Selat that it was awarded, or will they avoid that legal bill to bleed more payroll instead

[StratCap]

  I just dont see why they couldnt find another project somewhere and move on to something more positive. The PSC for Selat is in Indo subsidiary Baku Straights.  New subsidiary wholly owned by SNV can go after a new project (not in Indo)  Selat can sort its self out when and if that ever happens. Why hold the shareholders hostage? Management can make that change but not sure

[ark88]

Agree. Even some clarity on intentions on what they plan to or not do about Selat would do wonders IMO. Its difficult if not impossible to predict what SGE or Migas will do, but management can certainly fill the vacuum with expressions of intent.

[StratCap]

  They did say they are going to relinguish the interest and as part of that would be the cancellation of the loan and debenture. Hopefully they are asking for more than this in a settlement.  Brent crude touched $124.00 today.

[ark88]

Yes, they did state that, however IMO and as stated by others the equation has changed IF IN FACT SGE has started production.

[copperplay]

then why not issue a press release and state exactly where things stand as of today?  A settlement of any kind would boost share price they are keeping the stock at 2 cents for a reason...

[copperplay]

so why are they sitting watching paint dry?  Are they just incompetant?  At shareholders expense?  These rumours about CE didn't come from nowhere someone is talking 

[copperplay]

  here is a theory of a poster who does not want to reveal himself that the reason these 3 guys staying on to be re elected only to leave if there is a reverse merger is to collect all their back pay and options before waving buy at us ?? Thiughts ???

[SlyFox1]

That's an interesting thought. Could explain why after a week they haven't commented about the article stating our partner has/is commencing production. Only if managment would inform investors 

[MJB4231]

Yes I find it troubling there hasn't been a response to article that is legit. Having a partner starting a billion dollar project that we are linked to is material and there needs to be clarity on the matter. This cloak & dagger must end.

[MJB4231]

On that note as crazy as it sounds I still believe we can get a deal done and proceed. Show us the money management

[copperplay]

  a deal for what?  25% payout from Jimmy? why doesn't management announcement of an update?  

[StratCap]

I'd be happy with a new project back in Canada. The Indo experiment cost shareholders too much equity loss and its obvious that we dont have the right group that can do business over there judging by the two failures. Company might be able to raise money through flow through to fund exploration on Canadian based project. Just a thought while we stay paralyzed.

[copperplay]

  good luck with these donkeys 

[StratCap]

  oh and WCS crude has hit $97.52 USD per barrel.  So around $126.00 cnd per barrel.

[copperplay]

no news is never good news.  Stock being held down at 2 cents for a reason in my opinion.  Next few weeks we will know why and by the looks of things shareholders will get the shaft while management do nothing

[MJB4231]

Stock @ 0.025 cause nobody knows what's going on!