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Bullboard - Stock Discussion Forum STETSON OIL V.SSN

"Stetson Oil & Gas Ltd is an exploration stage company. It is in the business of exploring opportunities in the domestic and international oil and gas sector."

TSXV:SSN - Post Discussion

STETSON OIL > appeal
View:
Post by yoshinoya on Dec 22, 2013 8:28pm

appeal

Long time holder also. 
Not an expert but we did actually win.  There is an expiry date but the decision was officially given before expiry anyways.  Appeals are part of any type of litigation.
Comment by rkham on Dec 23, 2013 10:39am
I've tried to contact them by phone/e-mail. Our shares mature @ end of Dec-2013. So it appears one could buy in until 31st of this month & still be part of a settlement.imo You would think a victory is considered valid until concluded...
Comment by mtsuit on Dec 23, 2013 11:25am
MD&A states that preferred can only receive a distribution of lawsuit proceeds received by SSN by 12/31/13.  No money is coming this year.
Comment by rkham on Dec 23, 2013 12:24pm
Not sure who it was but they said this is not a problem & the board could extend this. Stetson has won their case$$$$$$$$$$$$$$.. stay tuned