Sarissa Resources Inc (SRSR)

[dmbao]

SRSR made their own road much harder than neccessary in the capital formation department. They started this venture with way too large an AS/OS and not nearly enough space in the AS to achieve anything. It is interesting that they say they have a majority of the stock tied up in friendly hands but it's not the officers or directors. So somebody or group appears to be a majority shareholder but not an officer or director.

If Scott was truly the guy I charge he would have been smart enough to restructure SRSR when the opportunity was there in the beginning as well as set the structure up to enable the necessary financing.

Since none of this was done and they have not done much to market the story here they have little in the way of options today. Share price is irrelevant as the entire market cap is needed I the short term to move the project forward.

I see no evidence that a short has tried to prevent the capital formation efforts as there was no opportunity to do so when they didn't address the structure on day one.

The stock value is totally unhinged from relatiy today and the potential that the company still has. While you and I disagree that the company's actions have been the major cause of a poorly trending stock price the future mains bright and for all anyone knows Scott could have fiancing closed soon? Only time will tell but if the market for niobium continues the money will one day arrive. Whether the stock is 50 cents or .5 cents at that time who knows.