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es1

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Alias Born 07/13/2009

es1

Re: webpence post# 148280

Tuesday, 06/30/2015 11:10:53 AM

Tuesday, June 30, 2015 11:10:53 AM

Post# of 165852

I'm just saying that compared to the last 7 years, if for some reason the new board is not approved, what's another two months in the grand scheme?



I think this is the entire problem with the company.


Another 2 months?
After waiting for 4 months for a 43-101 that was supposed to take 1 month.
After waiting for 8 months to drill 4 holes and only getting 1
After waiting a year for the SOE
After waiting a year for HKHE
After waiting 2 years for a ST spin out....

It is time for the shareholders to stop waiting and for the company to start producing the things they say.

nearly a year ago we were told...


Second, the Company plans to spin out to Sarissa shareholders its wholly owned subsidiary, Nio-Star Corp. ("Nio-Star"), and list Nio-Star on a Canadian stock exchange. The shareholders of Sarissa would receive shares of the newly-independent Nio-Star via a share dividend transaction.

In order to achieve this listing, the Company will:
1.Engage an auditor to complete the necessary audits of Nio-Star required for an exchange-listing of Nio-Star.
2.Engage a law firm to complete the necessary legal documentation for the spin out and exchange listing of Nio-Star.
3.If necessary, secure a Sponsoring Broker-Dealer who will sponsor the Nio-star subsidiary for the exchange listing.
4.Engage a Geological firm to update the NI 43-101 resource estimate Nio-Star's Nemegosenda property which is required for the exchange listing.

Work has already begun on both of these short term objectives


As far as I know everything on the list is completed. Why haven't they filed for the listing?

Instead we have a change of target again. A new BoD .... At least it is a new story. We haven't had the PR before so that is something but I do not see any of that happening.

I do not see a BoD worth having being willing to come to a stinky pink with a horrible record and put their money and time into it on the hopes that Scott doesn't screw up again.

JMO

But I think the longs here need to contact the company and let Dan know that a moving target and lines of crap is exactly the same thing shareholders have got here for years. He was supposed to be the difference. But he cant be without doing something different