Sarissa Resources Inc (SRSR)

[Tar sands]

"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."
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If I understand correctly what is being posted by some who apparently are in the know is the suggestion that the involvement, Board of Directors and Funding, would be entirely directed to Niostar. Therefore it would follow that these two events would occur concurrently with a Niostar Listing Application and realistically only consummate once the Niostar Listing application was approved by the Regulatory Authority(s).

Therefore you would have a new Niostar listed Company no longer associated with Sarissa Resources (expect for the conditions of separation). Presumably the intention is for this new Company, Management and Directors, to be fully responsible for all future going forward decisions / Operations.

The factual details would be laid out in the Listing / Prospectus documentation when such an Instrument is filed with the Authority. This would include a description as to how Sarissa, and / or it s Shareholders, will be compensated, Funding requirements and how this would be completed, Debt repayment as well as all other relevant information / data.