Sarissa Resources Inc (SRSR)

[es1]

I agree with you Tar but I just do not see how it is possible.

Market has to have confidence that the proposed new Company is actually operating as a Real Business and that the expectations / commitments presented can be met.

I agree completely

If they are able to attract an experienced Board of Directors, obtain a significant amount of Funding and operate the new Entity as a going Business concern the drop off in the new potential Listing can be averted.

But don't you think that a BoD capable of producing market confidence would want to see these things too?

If I was asked to be a BoD member I would want some sort of job security. Sure I will take shares for my initial compensation but not in a stock with no history, no real liquidity, and guaranteed dilution.
I would want cash up front wouldn't you?

That cash can only come from shares of NioStar. So the listing would need to be done before the BoD could be acquired.

The listing and following dilution will cause a drop. A good BoD would /could bring the PPS back but it is much harder to go up than down.

We will see but I still say the first step is clearing the CTO so we have no issues with any exchange.

I seriously doubt a company with a maxed AS and a CTO, a CEO with no ambition, and a president with zero experience are going to attract the best BoD.