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ES1, it is interesting, and I hope Truth Bryce sheds some light on it. I mean at the very least the name of his company, and what they do / did for SRSR.
Truth Bryce,
Why won't the company just release the information the shareholders are asking for? If it's all legitimate business transaction what is there to hide?
Also, which creditors are owed money and can bankrupt the company?
And which company was that?
I think the obvious drop in share price isn't helping his case. Also just stating facts, and asking questions not making opinions. As far as SRSR I still believe in the resources.
Interestingly enough,
Scott has his hands in, or "owns" all these businesses;
Sarissa resources
Midnight Capital Corp
Canadian Cannabis Corp
2264793 Ontario Inc.
more?
If Scott was such a great leader why was he loaning money to other companies, rather than us to get things moving? We needed $35k for the resource estimate, he advanced Canadian Cannabis Corp $77k
"At various times throughout the year ended December 31, 2014, Midnight Capital and Scott Keevil advanced amounts to the Company in the form of short-term loans to help the Company with operating capital as needed. On December 15, 2014, these notes, totaling CAD $89,658 (USD $77,097)"
http://www.marketwatch.com/story/10-k-canadian-cannabis-corp-2015-10-02
Interesting to have him present, if the company is being sold...
It was just meant to be an example of why they are seemingly happy and moving forward with this buyout
Anyone in business knows you don't take the 1st offer. Especially with the amount of capital this company has, and is willing to spend. A buy out just seems fishy, why not partner up with the company? As I mentioned if they had announced the start of Phase II, even 1 injection, then the share price would be close to the $8.50, making this offer ridiculous. Is it worth $544 etc, at this stage no. Is it worth $8.50, no, especially since we have no debt, and thus far no issues with the science, and FDA clearance for P2. NO WAY
There is a few reasons they would consider this deal. Either it came along, and they decided to run with it to see what else it could bring, OR they fudged the data, and are bailing.
Now, if news of phase II had started, I believe we would be at these prices. Even with debt and being further behind than we are currently and on the OTC, we were hovering around the $6 range.
I agree and those are exactly my thoughts. Only way I see them wanting this is they fudged the data, and have an out.
If I'm not mistaken, SRSR will still have deadmoose and shining tree, the deals were just for the D and SE zones.
I think if you add all the shares together, you'll get $1...
I'm with you, IMO they haven't done enough to provided shareholders with anything since the last increase to warrant this increase. I'm sure they are working, and working hard, but we haven't seen or heard anything, the share price is where it was before Wotton came aboard. No significant forward movement has been made. We made it on Nasdaq, and thus far seems to be the only forward movement.
On another stock I owned, they used to have a chairmans blog on the website, for quick updates.
I can't wait! If / when that historical reports is allowed in, that is going to be a game changer. 1, it proves the resources. 2, there is a ton of work done and time and money saved.
I absolutely agree that it will disappear. I think it is crazy that it was even filed in the first place. As I mentioned before, is the stock went from $.02-.20 he would be a hero, it went down 25%, and he's a "criminal" The "trial" date isn't even for a year, a LOT can happen, and I believe we will see gains in the near future.
What are you guys even talking about? The reason Dan came aboard was to get things moving in the right direction, which, unless I missed something, he is doing, and in a timely manor. He has been transparent of the progress to date. IF, or UNTIL this lawsuit goes to court, lets focus on the property and not Dan. Things are moving in a faster direction forward then since I've been invested here which was back in `08. Transparency of the progress has also greatly increased, more than ever before. Lets not start falling apart now, lets not start up the blame game point fingers. I hope we can all end this Dan talk and focus on SRSR
They can claim all they want. He made a poor investing decision, as did we all. He didn't get a kick back, none of the money is missing, it is currently lost due to the share price being what it is. As I mentioned, IF this goes to court, worst case HE will be responsible for the money. I've NEVER seen a case like that where someone is blamed for poor legit investing choices. It's the market, and it's a gamble.
Everyone needs to drop the Dan thing. IF it even makes to to court (which I doubt it will), the worst thing that could happen is he pays the money back. He did NOTHING ILLEGAL. So from here on out, lets stick to shop talk not Dan's, possible personal problems, just because something has been filed, doesn't mean it's going anywhere, case and point, our several LOI's...
Could have ran the other way very easily, if anyone of the groups that signed the LOI followed through. I got in at $.01 in `08, roughly 6 months later was at $.20's on anticipation of the NI report. I don't think they would've been any issue if it repeated that again...A LOT of things were supposed to happen to this stock by now, which never panned out. Fact is the material is real, it is worth money, it is still in the ground, and we still own that land. Just a matter of time.
He hasn't pumped anything, he's been grinding away to get the resources up to date, and move us along. If anything I was expecting Pr's to be more frequent. However he's putting them out as fast as he can, when physical things are being completed.
lol,
My position is now 26, with a break even price of $92.40...
COMPLETED AUDITS!
OAKVILLE, Ontario , Nov. 24, 2014 /PRNewswire/ -- Sarissa Resources Inc. ("Sarissa" [SRSR:OTCPK], or the "Company") is pleased to announce that its auditor, Ross Pope LLP ., has completed its audit of the 2013 and 2012 financial statements of the Company's wholly owned subsidiary, Nio-Star Corp. (" Nio-Star "). This audit was conducted in connection with the Company's previously announced plans to pursue an independent public listing of Nio-Star Corp. , and spinout of Nio-Star Corp. to Sarissa's shareholders.
The audit that was conducted and completed related to the financial Statements for Nio-Star Corp. for the years ending December 31, 2013 and December 31 , 2012. An audit of the financial statements for that company for the year ended December 31, 2011 had previously been completed by Ross Pope LLP . Copies of the financial statements and audit report thereon will be filed on the Company's website (www.sarissaresources.com) under the "INVESTORS" section.
"The completion of these audited Nio-Star financial statements marks another important step towards completing the Company's recently announced development plan. It is gratifying to see the pieces of the Company's development plan being accomplished so quickly," said Scott Keevil , Chief Executive Officer of Sarissa.
"The company continues to execute its previously announced development plan for its Nio-Star subsidiary's Nemegosenda Niobium property. This is a very exciting time in the development timeline of this project. These audits, along with the upcoming updated resource calculation being completed to NI 43-101 standards, will allow us to move ahead with an application for an independent listing of the Company's Nio-Star subsidiary, and ultimately to the spinout of that subsidiary to Sarissa shareholders," said Dan Byrnes , President of Sarissa.
About Sarissa Resources Inc. Sarissa Resources Inc. is a junior exploration company with interests in properties in Northern Ontario, Canada. Sarissa and Nio-Star are specifically focused on the development of the Nemegosenda niobium project as well as the Shining Tree Resources Corp. gold projects. Visit www.sarissaresources.com for additional information.
Long term funding perhaps, I believe they have the short term, which if they execute the plan they've laid out, will allow us a much better deal in securing the long term funding, will also make us much more appealing.
I'm surprised there is no movement on the price from anticipation. Hopefully we'll see some movement tomorrow...
medicalmarijuana-x.com is dead in the water as well.
Has anyone visited our website recently, very professional
http://www.dnadynamics.net/
Aww sweet! Good news Friday continues for me...Maybe we'll be able to recover some of the money...
He mentioned that there will be a conference call in early September, so have your questions ready.
As per the PR that indicated they were selling a piece of Shining Tree property, (which we don't know if it was completed) when I asked the IR, they said the funds were not needed to continue with the drilling. So, I'm going to assume the first nations had something to do with the delay. Again NO communication with the company so it's anyones guess what's going on.
That would be great, I've sent Lucas our new IR 4 emails starting on 8/5, 8/8, 8/11, 8/22 asking different things, and have not heard back, I've also sent Scott an email, have no heard back. The lack of communication is terrible.
Again, this has been planned for some time, over a year now. They just secured financing, and cleared all debt. Please do some research before making ridiculous statements. This RS was absolutely necessary to move forward and attract institutional investors.
Don't know why you're posting if you don't own any nor want to. This R/S was put in place over a year ago, this was needed as part of an uplist to nasdaq to meet the price requirements. Yes we dilluted in order to settle past debts, now all debts are cleared, and we're on our way to be a world class organization. Lots of potential hear, starting with our new CEO who left a 2 million a year job, to come here. If it was such a crap company why would he do that? Penny stocks pay off debt with shares all the time, do some research.
Please provide a link, or any sort of proof for that matter. This company just finished cleaning up all the debts, and mistakes of the past, and now has a world class CEO, and one of the top stem cell scientists in the world. Everything is on the up and up.
How do you figure that?
Oh nice, I guess he picks and chooses who he wants to answer. So, if you don't mind, what was the question, and his response.
I think it's more the fact that it is not finished. I know some investors were asking Lucas about it, and he kept saying almost done...management needs to make a few changes blah blah, and then that comes out, and not even finished. Has anyone recently heard from Lucas? I've sent several emails over the last few weeks and have heard nothing back.