Sarissa Resources Inc (SRSR)

[es1]

The problem with the spin out is that the shareholders get nothing of value in it. The only benefit is that we will have current information for as long as they file on time.And be on a different exchange.

Neither of those things really do much to add value to the company.

Yes they are awesome in comparison but IMO they do not qualify for any "real" exchange. so the "uplist" could be missing unless you count the OTCQB to be an upgrade.

What will the compensation be? One share of Niostar for one share of Sarissa? OR one share of Niostar for Fifty shares of Sarissa?

There is the problem.

Is the spin out to help shareholders have a better stock or is it just a reverse split in disguise?

1:50 spin out with all the assets in niostar SRSR becomes worthless. Niostar is simply a vehicle for a RS.

We will see. They have a chance but it is very short lived. If there isn't a change in the company in a few weeks the PPS will continue its nose dive