Superior Oil &Gas Company (fka SIOR)

[stlogic]

CEO and BOD have control

I beleive SE was and still maybe attemting to make an honest effort to right this
company if he sees value in the assets. That's just my assumption.

However the only recourse common share holders have with what is now
a Private company is to file in court against the corporation and it's management
within the jurisdiction the corporation resides and possibly in each state shares were sold.

Minority share holders have rights, problem is it's time consuming and expensive
to pursue and vary state to state. If there's evidence of Fraud you have 4 years to file.
Often the miscreants simply file bankruptcy protection as they have time to move assets around in anticipation of legal action.

If you want action and have evidence company assets have been relocated or misappropriated
file a Fraud suit it carries the highest personal penalty to each individual and BOD members have no DNO isurance and are not protected by bankruptcy protection either.

The SEC does have cross jurisdiction if misconduct is found while the company was public.

I'm not a lawyer just walked through this park before. I don't have a large stake in Superior
so I don't toss n turn over it but I am tired of watching turds manipulate the system against
small investors. If you guys pool cash for legal let me know. I only invested 2k in this company
but I'll throw $500 toward the effort.