Great question- it’s because- THE STOCK WAS ALWAYS OIL. Management’s first move was to become completely transparent. For many years they engaged in the oil business and now that they are current again- they needed to validate their existing business model before announcing any substantial news IMO. Also- when you are trying to go current - you need a working phone, email and business location to remove things like a CE that was put on back in January. Very likely - they got their generic $STSC oil site back up —which just talks about thee projects they had for awhile now that never materialized in an effort to ANNOUNCE FAR BIGGER NEWS FORTHCOMING.
Intriguingly- they appear to have created the necessary validations and verifications process so that if they were to announce HUGE MERGER NEWS with say MMJ- one can now easily validate the veracity of the news by going to the 8k and looking at the approved phone email and website listed and recognized.
It’s acrually a very very prudent and shareholder friendly move. IMO. If they didn’t take these extra steps - one might be tempted to question the news or deal unfairly IN this environment. Stock appears to be trading much stronger now and with incredible volume. Certainly a key indicator.
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