Sarissa Resources Inc (SRSR)

[webpence]

Oakville is like the Canadian version of Ozark or some ish

[webpence]

Wow, never saw this story before. Wild stuff

https://archive.ph/EE0Ux

[webpence]

Yeah, i saw that a few months back and thought it meant the SRSR saga was over after 14 years.

I was surprised to see a sarissan over in the spooz chat with a post about an interview spooz mgmt did here this month that mentioned the nemegosenda claims still being in dispute.

I didnt realize their was still a pending litigations. I guess there was one in nevada here recently that went in favor of the keevil mining squad or whatever, but there is another one up in canadia still to play out.

I guess it is still up in the air how that will play out and how long that it will take.

[Nina4900]

https://finance.yahoo.com/news/spooz-acquires-prime-niobium-mining-123000995.html

https://finance.yahoo.com/news/spooz-enters-strategic-relationship-crawford-135400600.html

https://finance.yahoo.com/news/spooz-accomplishments-first-quarter-2022-123000834.html

Lots of words saying nothing IMHO. Yawn. Rinse. Repeat.

I'm all out of SRSR. Just having a chuckle.

[webpence]

There is a recent interview with the spooz

48:40 mark dude is asking them about niotech

Mentions a court case in nevada and one in ontario.

Any insights out there on this?

These are the people that bought the nemegosenda from potts i presume?

[tennisinvest]

Anyone have an opinion regarding whether there's grounds for a shareholder lawsuit? And against whom we should file it?

If there's at least 20 or so shareholders willing to pitch in maybe 2k each, then perhaps that's enough to engage a reputable firm to get a suit underway.

But, first step would be to brainstorm to whether it's worth it / likely to result in a tangible benefit. Thoughts?

[miniion26]

So all is lost, at this point? My position shows 0.

[webpence]

You cant make this stuff up they think some kat is going to come in and pony up 500mil to 2 billion for a pink sheet company with 5billion outsanding shares, when niocorp has done all the work the proper way and still cant get their project off the ground.

Eventually, the claims will be sold again and probably end up back in currah/fuschino hands would be my bet.

[webpence]

Otcmarkets still shows the control dispute icon.

Appears mr potts of rd volusia florida sold the claims to spooz, also based in florida. So pretty certain this all leaves srsr as an empty shell.

I cant find any details on the terms of the agreement of the agreement between rd volusia and spooj.

I would imagine drew still has keystered the key to the core shack, so whoever these spoozers are will have to redo all the old drilling, and i give them about a 1 in 5 billion odds of success there.

Big thanks the Ontario Securities Commission for sitting idle with their thumbs up their ass during all of this and never going after the scammers. They are all but reassuring there will be a whole new crew of bagholders being lied to about fish in a barrel.

[sage4]

Thank you for the info. Webpence.
Alas, is this the end of our saga?

[webpence]

Looks like some company called spooz ( lol) has the property now. What a joke. They have 5bil shares outstanding and fully maxed out a/s and claiming now some investor going to raise them 500mil to 2bil for carbon credits.

Really appreciate the former mgmt here for their skills at shooting fish in a barrel

[FogCity]

Figure its the year end and time to check in on this saga.. I guess we finally reached our destination, the bottom.

[sage4]

Oh yes I forgot that we lost the asset back in March.
I don’t check this regularly and I’m getting old. Lol
Sad ending. Thanks

[Chipaway]

https://finance.yahoo.com/news/nio-star-corp-conveys-secured-181500753.html

From what I read in this, there's nothing left. Let me know if you know any differently.

[sage4]

Where do you read that all of Sarissa assets belong to that company now?

[Chipaway]

So... does anyone have any additional information on RD OF VOLUSIA, LLC that now owns all our former Rare Earth assets? I see they are in Daytona Beach, but have not been able to determine what exactly they do. I guess I'm just curious if there is any way possible going forward to invest (re-invest) into this opportunity. What a shame SRSR screwed everyone. Imagine owning what they (we) had only to give it away. Ugh!!!

[dale1953]

What share structure are you talking about?

[JK2016]

“ time will tell”….. time just told. This 15 year scam is over.

[canofan2222]

It's on expert market until current. So yes expect no activity until active. Once current though, this share structure is great. Time will tell.

[akeygon]

Both bid and ask 0.0001, no trades... is the the final end?

[sage4]

Someone retrieved his investment of merely $1.5 wow. He got back $1.5. Lol

$0.0001 x 15000 shares.

[aredrooster]

From another board...

Toshiba, Sojitz and CBMM partner to commercialize next-generation Li-ion batteries with NTO anodes
https://www.greencarcongress.com/2021/09/20210925-nto.html
Quote:
Toshiba Corporation, Sojitz Corporation, and CBMM have entered into a joint development agreement for the commercialization of next generation lithium-ion batteries using niobium titanium oxide (NTO) as the anode material.


Quote:
Toshiba aims to secure stable supply of niobium materials from CBMM and Sojitz, and the three companies will target to gain market share in the rapidly expanding secondary battery market by utilizing CBMM and Sojitz’s global network.

[aredrooster]

Cheap.

[JK2016]

Lol.

[Micawber]

Where does one go to purchase more shares?

[DESKJS]

Looks like most are buying fajitas!

[JK2016]

Ah... the fajita investment strategy. Brilliance.

[Teets]

Just a little bit lower until I buy a million fajitas...

[JK2016]

You can now get 10,000 shares of SRSR for the price of chicken fajitas at Applebees....

[Micro Man]

I don't think it's in Potts best interest to sell his convertibles. He will take a huge beating if he dumps those shares. Instead they should work out an arrangement where Potts joins the BOD to recoup his investment over time with oversight. That's if this company resumes operations.

[All-Bidness]

You are correct. The court has ordered Dan to turn over the books and records. They have ruled the the shareholder meeting is presumed valid unless proven it isn’t.

I would expect Dan will file a motion to reverse the shareholder meeting due to the quorum requirement not being met as outlined in the most recent bylaws approved by the board, not sure why he didn't already do this? This will be very difficult for a judge to ignore as no court orders prevented the company from changing its bylaws at it sees fit and the petitioners failed to inquire if the bylaws had changed before calling their meeting.

As far as the asset and a first secured mortgage management you mention has supposedly secured, the asset was already lost to a similar first secured mortgage the same type you indicate has been secured.

This real property law fight is an entirely different legal fight coming here beyond Sarissa company control. The board of Noostar will have to stop RD Volusia from excersing it real property rights under the convertible note, in which the previous default and conveyance occurred.

Additionally RD Volusia has other default rights including default under a change of control provision to it. So at minimum the company will have to write a big check to RD Volusia.

This is likey to remain a mess for many years to come and eventually work on the property or cash will also be needed to hold the leases.

This is not close to being over but we should avoid a delisting, but the legal fights will prevent anything from ever happening here in the short to medium term if not forever.

[Stock Sumo]

So much for it dieing on the vine! I never lost hope, great opportunity to add on the dips... $SRSR long and strong

[canofan2222]

Books. Filings. Current. Moon.


Let's get it.

[Stock Sumo]

Great News, I found out late last night that current management of SRSR had a favorable ruling in court yesterday!

-Byrnes must remove the portion of the answer in which he purports to represent Sarissa

-Byrnes is enjoined from holding himself out as an officer and director

The court also set a status check for next Wednesday morning to confirm that the books and records have been turned over.

If Dan Byrnes doesnt comply he will be in contempt of court and face further legal ramifications!

[Stock Sumo]

I Have a buddy that wins like 80-90% of the time on scratch off's and he said $SRSR is a BUY, he might be on to something here!

[JK2016]

Have better luck buying scratch tickets. This is a long dead pipe dream.

[dale1953]

The share structure hasn’t changed in years because Dan has been in charge.

[Stock Sumo]

False, SRSR share structure hasn't changed in years... No new shares can be deposited into the system with it having a stop sign... Only people buying and selling the stock are new and old shareholders alike...

[Stock Sumo]

Current management is taking Dan Byrnes to court today to force him to give up the SRSR books. Should know more by this evening, Dan acts like he's for the shareholders yet he refuses to do the filings as he and his cronies want to steal the company.

BTW The current management of SRSR arranged a $3.4 MM first charge Mortgage against the Nio-Star patented lands. The property is going no where and there has been no foreclosure.... No matter how hard Dan tries to steal it he will fail like everything else he touches.

[akeygon]

Sumo should better study the history of SRSR, otherwise he looks like a promoter of Keevil, Suvorrah and their buddies.

[All-Bidness]

Dan is still the president of Sarissa. Keevil and Currah’s shareholder meeting didn't meet the quorum requirements as outlined in the company bylaws at the time the meeting was called.

Keevil and Cutrah have ignored cease and desist orders from the company. They are illegally acting as officers and directors.

Keevil and Currah are causing the company to not be able to update OTCMARKETS with current financials also well a a significant financing for the project from closing.

Remember the asset is no longer owned by Sarissa as it was lost to a repossesion but due to Dan the shareholders are still going to benefit from a deal to move the project forward.

Dan is in court to get the judge to rule regarding the bylaws and also hold Keevil and Currah and their gang financially responsible for the damages they have done to the company.

We’ll see what happens. The only chance shareholders have is for Dan to win. Otherwise the mining projects futures won't be shared with Sarissa shareholders.

So like normal Keevil as Currah care only about themselves but what else is new.

[dale1953]

Well I lost $200,000 before Dan took over. The previous management under Keevil and his pack of thieves belong in jail. Dan was misled and lied to like the rest of us and lost a small fortune because of this penny stock ripoff. Keevil used his family’s name to steal money from investors. Dan probably just wants the satisfaction of preventing Keevil from coming back and repeating the scam all over again.

[Stock Sumo]

No true proof to that, so stop with the main asset is gone!

[Stock Sumo]

*Company

Missed the C in that previous post
$SRSR
Long Strong

Dont be dupped into selling because of rule changes at OTCMarkets

They know management is in a dispute, once the courts resolve issues that have been plagued for months and months we will see the true destiny of what SRSR is capable of which is to infinity and beyond!

[Stock Sumo]

Just to be clear, I am still a BIG if not HUGE holder and believer! One quick update that I caught rumor around campfire of SRSR

Current management is taking Dan Byrnes to court next Wednesday as he will not give over the books nor will he do the filings.

How guys have confidence in him as he tries to steal the ompany is beyond me...

Existing management will not allow him to get away with hijacking SRSR!

[JK2016]

I've been a holder for almost 15 years and they haven't done a thing the last 5+ so I wouldn't hold my breath for a last minute filing. The one asset we had is now gone, there is nothing left of this company. Trust me, after all these years holding I wish I was wrong. No PR's, nothing from management, zero.

[jrosa006]

This company has access to OTCIQ which is necessary for dropping filings. Hope duly they can drop some filing before the deadline, otherwise this stock is screw without reporting filings.

[Johnstown]

SRSR .0016 this scam of a co just keeps dumping shares very similar to JSHG with similar owners, talk a big story, supposedly hire people, but must be paying them all the while they are dumping. Why would anyone want to work for or with criminals unless they saw an easy way to make a buck on share selling, things that make you go hmmmmmmmm.

[canofan2222]

Market sell...lol gives up shares for 20% of closing value. People never cease to amaze me.

[Sims1212]

Another one full of shorts hmmmmmm