Northamerican Energy (NNYR)

[creede]

dig,

seems to me it's actually a very strong positive if the company has been successful in raising capital for operations that does not involve the selling of stock (not that NNYR really ever has, because to date they have never even done a single 504 - the corporation was formed from a reverse merger).

Also, let's bear in mind that Jon Ginder is the largest shareholder here, and so he more than anyone else would probably want to get this thing raised from the dead. That said, I have no illusions that it is going to be anytime soon. Even if they had the cash to start immediately, it would still take quite a while to get AF's, register with the SEC (10-12g), and then find the right Market Maker to file a 15c2-11. Realistically speaking, I think best case scenario it would take at least a year. Two would probably be more likely.

But hey, i'll take anything at this point, since I am not willing to dump my shares for next to nothing.

I still think that NNYR has a chance, or I would not be the moderator here.