Sunday, January 12, 2014 1:34:41 PM
Upon the suspension I spoke with TWO SEC people at phone numbers provided, and neither went to the extent of certain doom that the post suspension posters did.
With FVSTA based in Russia ( and apparently non responsive ) the communications and distance gap are huge.
At 75-90% lower than pre suspension prices plus the fact that very few shares have been sold at these prices, leads me to believe that the Chedty field, and Usink refinery alone are likely worth more than what we are being advised to sell at.
The company indicated they are pursuing a relisting, which is apparently not a quick process according to our new resident experts. Since I am not in need of a 90% loss for a tax write off, I opt to hold. I am certainly not happy with the current state, but neither the SEC nor the company, and most certainly not the post suspension posters, are concerned with FVSTA shareholder well being....I will hold.
Al
Al
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