n answer to your holiday question:

Sarissa has Otto, the newest Company Director, living in Malaysia. " Thaipusam " is a regional holiday in Malaysia and it is celebrated on February 9th.

All of what you say is absolutely true. However one part of this "new story" line is that FINRA - the entity that Dan Byrnes and his supporters keep referring to as the reason for delays - has no jurisdiction or interest in "approving" this new "corporate" relationship. That simply is not the role of FINRA.

A horror show in the making. Management has no clue how to operate a small shell like company yet alone raise the hundreds of millions of dollars required to "start a mine". Geology is a foreign concept to them! Oh Boy !!!!

It is all a horror show. There will be nostalgic retrospects for the good old days of Scott Keevil running the Company.

Good Luck is required

Company has No Money, No Mining Experience on the Company Board, No Field Work being conducted, No current Financial Statements available to the Shareholders, No Business Plan available to the Shareholders, Cease Trade order still outstanding. Etc -

These factors combined with the Incomplete Geological Data produces a Zero Evaluation that can be attributed to the Rocks.

There is no indication that the Company or its Management is doing anything whatsoever.

It seems like a poor mans pump and dump with a group of individuals using an essentially dormant Company to generate a few dollars for themselves.

That pretty well sums it up.

It just sounds like a lot of chatter and gossip by Individuals.

Sometimes known as a poor mans pump and dump.

The Company, it's Directors or Management have provided NO FACT to support this chatter.

The Company has not provided any information to the Public nor have there been any meaningful changes in status or direction known to the public. Save for the addition of a new Director (amid resignation of one) which only time will dictate what that may mean.

The current little pps run, of the past week, seems more inclined to be the result of gossip by some opposed to actual and factual Company related activities.

To some degree that is right. However a Public Company needs to sell itself through transparent communication with its Shareholders, the Market and the Public at large.

The only utterance directly provided by the Company in over a year is the announcement of a new Director. This person is appointed in place of an 80 (plus) year old geologist. The new Director lives and works in Malaysia and apparently has no Geological / Mining Operations experience.

The last Financial information available is for the period ending March 31, 2015 (almost one and a half years ago). The Company has not filed any Financial Statements since that time.

There is so much more of NOTHING that the Company and its Board and Management have achieved based on the information it has made available publicly.

Nothing - That pretty well sums up what the Company is doing.

What exactly is it that you expect Dan to do? Working hard on it is of course a necessity but what realistic and specific things do you want him to do?

Based on what I have seen I don t subscribe to the theory that Dan "is in control" nor that he "has the experience" to turn Sarissa around.

However, with factual going forward information and results, beliefs can be changed.

Wednesday - 301,000 shares, representing less than $1500.00, total trade and volume activity.

Pitiful day.

It serves no purpose to attack fellow Posters to this Board. Everyone is entitled to post their opinions as to the Company operations, status and the potential of the industry (mining). Respect of the opinion, and the individual providing it, is not too much to demand.

While I disagree with some of the opinions expressed they deserve to be respected.

Sarissa Resources, in both an Operational sense and as a Public Company, have serious issues. What the future brings who knows but let's keep the conversation on topic.

Following that thought process would it be appropriate to "sticky" Post 152178 in which "truth sayer" provides information related to the Sarissa Presidents legal issues? Issues that are directly relevant / associated with his position in the Company.

Without the benefit of full and complete Geological and Economic Assessments the Asset is in fact virtually worthless.

Sarissa is a sub penny stock with almost one billion shares outstanding. The Company does not have the financial ability to operate properly, in a Corporate sense, yet alone provide funding to prove out the viability of the Asset.

The Company does not have a Director, a Manager or an Employee with Mining experience yet alone someone in their employ who has specific experience with Niobium Mining and / or buildout of a Mining enterprise.

Dan Byrnes appointed President of the Company in September 2014.

Final in a series of News Releases issued in April 2015. Together with a minor flurry of PR s during this six month period, a couple of "radio" hits and an incomplete Geological related Regulatory filing all news supplied by the Company (Management) ceased for over a year. Of course until the May 2016 announcement of a new Director.

Now suggestions, by some, are being made that "wonderful" things are going happen with the Company because of the addition of this new Director. A three day trip to Toronto by the Company President.

Inferences are supposed to be drawn that "the Company" is on the brink of something.

The Company has many manners in which to legitimize it s endeavours however Management has chosen in recent times not to pursue that course. The lack of Regular financial filings with the Regulators is a prime example.

I sure hope that a renewed "pump and dump" scheme is not what they are on the brink of.

Pump-and-dump schemes usually involve penny stocks that are quoted on the over-the-counter (OTC) markets. They typically start with promoters drawing attention to a stock through press releases, investment blogs and newsletters. They will promote their stock as "the next big thing", along with other misleading statements to get investors to buy in. The promotion pumps up the stock volume and price, and the stock price typically rises as more investors buy into the hype. What investors don't know is that the promoters own a large number of shares and once the stock price peaks, the promoters sell their shares, depressing the price, leaving investors with shares that are nearly worthless.

The issue is not Moderators of this site. The issue is not Posters who have differing views.

The issue is the Directors and Management of this publicly traded Company who disrespect their obligations to the Shareholders of the Company.

This is the Press Release regarding the issue. The Statement of Claim is available also.

https://www.dol.gov/ebsa/newsroom/newsbriefs/15-312-BOS.html

https://www.pacermonitor.com/public/case/6697945/Perez_v_Byrnes_et_al

Summary Judgement Hearing application filed with the Court by US Government representatives on June 30, 2016 regarding their Lawsuit against Sarissa s President Daniel Byrnes.

May 2016 Company Press Release

http://ih.advfn.com/p.php?pid=nmona&article=71516331

Audited Financial Statements exist for the Sub which shows a substantial amount of debt owing therefore it stands to reason that the debt, or at a minimum a good portion, is legitimate.

Actually as a Creditor, owed a substantial amount of money, he could file a petition to seize Assets from the Company.

And start the process all over again without the old pesky shareholders ......

We as Shareholders do not have access to the complete Shareholders list. It is merely speculation as to what holdings, directly or indirectly, that Management and / or Directors may hold.

The Company has not issued any sort of Financial Statement (annual or quarterlies) since last year (period ending March 31, 2015) therefore the Shareholders are completely in the dark as to any Salaries etc that may have been paid out to Management and / or Directors of the Company(s) in recent times.

I personally believe that Scott Keevil continues to control the Company, and its activities, and is responsible for the structure and membership of the Companies Board.

Time and Action will determine the future of the Company.

For goodness sakes - the same commentary was alluded to when Ben Ward joined the Company and then again when Byrnes joined the Company. The results were and are magnificent!!!!!

Now Shareholders, and potential Shareholders, are supposed to believe that a gentleman living and working in Malaysia, 12 hours time difference and some 9200 miles away from the Company Asset time zone, is the saviour. That is very far fetched and in fact is a disservice to the man.

As for the chatter about control, of the Board etc, it is a very safe bet to assume that Scott Keevil, who has controlled the Company for almost a decade through a block of shares, and is also the largest creditor (by far) of Sarissa and its Subsidiaries, remains effectively in control. Neither Byrnes nor its newest Board Member (Otto) would be associated as a Director of this Company were Mr Keevil not in full agreement.

Your List would be good start.

The constant suggestion (by some) of calling Dan or Otto is just plain silly. Calling anyone to discuss specific / potential business plans does not bring along any accountability to what may be said by that individual.

Dan who is the President of the Company is in New York so calling him is relatively easy however is not Otto the new Director in Malaysia? 12 hour time difference from the East Coast and a rather costly telephone call. And what is the Phone Number to call?

There could be a number of reasons however the most likely reason is that the controlling parties have no interest in pursuing the potential the Asset may have.

Consideration must be given to the possibility that the Asset is not of high enough economic viability to pursue further potential opportunities. The fact that the economic evaluations of the Asset were not included in their partial NI 43 101 (of last year I believe) filing with the Regulators, and no subsequent filing, would be a good indicator that something is potentially offside in that regard.

With the exception of last months PR naming a new Director the Company has been silent for over a Year.

No communication with the Shareholders for over a Year - even the Company Website is no longer active.

No Financial Statements or Quarterly s filed for over a Year. Last Filing is for the period ending March 31, 2015.

No individual with accredited Mining education, degree and appropriate experience is on the Board or Management of the Company.

Money for even the most simple Adminstration requirement is not available yet alone Funds for actual Mining related activities.

What is a shareholder to do? Frankly there is very little that an normal independent shareholder, who does not have a very very significant block of stock, can achieve by themselves.

A significant group of Shareholders, holding a significant number of the almost One Billion shares presently outstanding, may be able to provide "guidance" however that is an awfully difficult task to achieve.

It is suggested by some that such a group exists however that is highly unlikely otherwise it would be known to all and that is simply not the case.

Is there some smaller group of shareholders out there as suggested by some - maybe - but the likely conclusion, as has been said by some on this Board, will be more of the same that the last 8 years have brought.

Some will actually support that, due to potential few dollars that can be "made" but those shareholders that have a more Mining Business expectation will be disappointed.

In fairness Otto presumably put his name up as a Director and with the exception of the Company Press Release last month, which announced his appointment, there is actually little known about what his motivation to be added to the Board is about, what, if any, ideas, plans, thoughts, money or anything is being brought to the preverbal table by this gentleman.

There has been no indication provided by reliable means as to what his appointment actually means to the Company and by extension the Shareholders.

There of course is the serious speculation by some, the "suggestion" by some that he is bringing substantial value to the Company. However they are by in large short on fact and long on "suggestion".

We, as apparent outside the loop Shareholders, know nothing about him, his affiliation with other Board representatives or what his intentions / experiences are with the Company. Of course there is always the "revelations and knowledge" that some "in the loop" individuals bring forth however probably not the best source of factual information and data.

Painting Otto with the same brush as other Directors, at least at this point, maybe a little premature. That said you may be proven entirely right.

He doesn t have to supply any information as he is merely expressing an opinion. I thought that if he, or anyone else for that matter, had specific facts related to the Company and their progress it would behoove them to provide such information. The Company and / or it s Management is not.

Isn t telling the story of the future potential of the Company a significant reason for possible buyers / Shareholders to get involved in the Market? And the more exposure - the more individuals follow the Company affairs - the higher the share price goes - assuming that the storyline is factual - and that targets set are met.

If such a storyline exists the more Individuals that know about it the better for the Company and it s Public Market positioning I would think.

Are there actual FACTS to back up your statement?

If there are actual facts what are they? They must certainly are not known in the Public Domain.

Factually you are quite correct. It should also be noted that Scott Keevil, and associated entities, are very substantial creditors of the Company which provides another layer of control over Corporate activities.

The issue is whether the Company Management and its Board of Directors are acting in the best interests of the Shareholders.

Almost a Billion shares outstanding.

Shares Trading, or at least quoted, at less than a penny.

No discernible activity in the area of the Mining Business for a year.

Only public activity in over a year is the installation of a non miner as a Director. A person that lives half way around the world.

There is no reason to believe that Scott Keevil is "leaving" his position with Sarissa Resources. The only real subject of the recent Press Release was the resignation of Cam Cheriton as a Director being replaced by a gentleman by the name of Otto Pichler.

While a complete Bio was not provided the general understanding is that he is a Chemical Engineer by Profession living and working, primarily in the Pulp and Paper Industry, in Malaysia.

Apparently some believe that he is associated with the Company President (Dan) and that he is "his guy". Isn't it just as likely that he is Scott Keevil s "guy"? On the surface Scott has a long association with Southeast Asia where as Dan does not. Isn't it more likely that Scott and Otto crossed paths and that whatever his Shareholder involvement / position is due to that association? Maybe the three "guys" are like the three musketeers - all for one : one for all!

I don t know that it makes a lot of difference in the long run other than the goal everyone connected should have is to make Sarissa a reliable and marketable Corporate entity.

It is unrealistic to believe that Scott Keevil is going to "forgive" any debt that is owed to him, or associated parties, or that he somehow is going to "give back" Shares that he presently owns or controls.

There are a number of Corporate maneuvers or steps that can be taken to reorganize the Company but none of that has been announced nor are there any public indications that such a reorganization is underway.

Essentially the status quo remains.

There are numerous reasons. A partial list:

- Lack of a comprehensive Business Plan
- Lack of Professional Expertise - Management, Directors and (non existent)Staff
- Lack of Business and Mining / Operations Infrastructure
- Lack of Operational Funding
- Lack of Significant Funding
- Lack of full and complete Geological Data
- Lack of Will and Desire by Principals
- Unworkable Public Company Structure
- Company's Inability to settle outstanding Administration matters examples: US Gov t lawsuit against Company President or Cease trade in Canadian jurisdiction
- No Financial Statements provided in over a Year
- Lack of communication with the Shareholder base

Is there really a division between Scott Keevil, the presumptive Controlling Party and major Creditor of the Company and its President Daniel Byrnes?

Some seek to convey a certain impression of the Company, it's alleged internal workings and/or its future prospects without being concerned about whether anything at all is true. They quietly change the rules governing their end of the conversation so that claims about truth and falsity are irrelevant.

As it relates to Sarissa Resources Buyer beware until such time as a definitive and obtainable Business Plan, going forward, is presented to the Shareholders at large.

"Caveat Emptor" - Buyer Beware

The US Government Department of Labor Lawsuit against Sarissa s President, Daniel Byrnes, is for the entire amount of a Registered Retirement Fund (some $220,000.00 plus) that according to their regulations was improperly withdrawn from the registered account.

While the subject of the Lawsuit needs to be tested through the Legal system the US Government maintains that he not only did not meet his fiduciary duty as its Administrator but that he broke the Law (the full pleadings as set out in the Lawsuit have been posted previously).

I personally have not however my Business Partner has spoken with the Company - in the early days of Daniel Byrnes tenure and most recently in March / April 2016.

As to the most recent conversation nothing of a substantive nature was provided nor revealed by the Management of the Company. It can argued that unless it is known to all Shareholders equally the Management would be silent. Therefore calling management for realizable and reliable information is in essence a useless proposition.

The onus is on Management of the Company to maintain a current, reliable and informative line of communication. Sarissa Management, who for all intent and purposes consist of Scott Keevil and Daniel Byrnes, have failed in their duties and responsibilities.

It seemingly is very easy for some to attempt to direct responsibilities to non responsible parties, such as other non insider Shareholders, at the same time that the Directors and Management of the Company (who actually have the responsibility and duty) are not being held to account for their actions or non action.