Stargaze Entertainment Group Inc (STGZ)

[roiresearch]

I just tried calling IR b/c I have a relevant question regarding what they stated: "Essentially, a permitted portion of a Company's 43-101 proved reserves can be listed as assets in audited financial statements."

In order to be uplisted, all our financials have to be audited - sounds like we need the 43-101 to be completed on all claims first if they are going to be used as an asset on the financial statement

As for short positions, the hybrid medium term debt might counter balance the short position to a flat position upon conversion - the riskless arb desks have computer programs to figure this stuff out. From re-reading the FAQs, looks like it would be in the lenders favor to keep GLXI's PPS as low as possible for max gain. that is what's got GLXI by the nutz