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Re: None

Friday, 08/28/2015 12:31:38 PM

Friday, August 28, 2015 12:31:38 PM

Post# of 165855
As a Shareholder of Sarissa Resources I continue to be very concerned that the Lawsuit, brought on by the U S Department of Labor, pertaining to the Presidents misuse of a Retirement Fund for the purchase of shares in this same Company has not yet been settled by Mr. Byrnes. The Department of Labor filed suit in January 2015 and the funds have not yet been returned to the Retirement Fund.

"ORDER: The parties are directed to participate in a Discovery Conference in this matter before the undersigned on August 28, 2015 at 10:00 AM. Pro Se Defendant Daniel Byrnes is directed to appear IN-PERSON at the James T. Foley US District Courthouse, 445 Broadway, Room 409, Albany, NY. Plaintiff's counsel is permitted to participate by telephone and the Court will issue a separate notice setting forth the instructions to connect to the conference call. Plaintiff's counsel is directed to serve a copy of this Text Order on Mr. Byrnes and file proof of such service on the case docket. SO ORDERED. Authorized by Magistrate Judge Randolph F. Treece on 8/25/2015. "

The fact that this Legal matter remains outstanding, and actively being pursued by the Government, will continue to be a major issue in any attempts to have Sarissa Resources find serious opportunities to advance the Company s Project or conversely reorganize the Company.

IMO Mr. Byrnes needs to resolve this matter or resign his Executive positions with the Company until the matter is resolved in it s entirety.