About Ronald Potts; can anyone produce an official SEC filing 8k or other document stating the deal with RP Capital actually closed besides the below pr?
The PR on 8/21/2017 stated:
Nio-Star has closed on the financing previously announced in its news release of June 29, 2017 by concluding definitive agreements with RP Capital Group Inc. (RP Capital). Pursuant to those agreements, RP Capital has agreed to provide Nio-Star with a loan of up to C$250,000, some of those funds having already been advanced. The funds so provided are pursuant to a loan that is convertible into a 35% equity stake in Nio-Star. This convertible loan is also secured by a first lien on Nio-Stars assets, including the Nemegosenda patented properties owned by Nio-Star.
However Nio-Star is/was a subsidiary of Sarissa, not the other way around. I don't recall Dan receiving shareholder approval to move any assets, including Nemegosenda from the parent company over to it's subsidiary. There are no such filings to date. The reason for Nio-Star's creation was to continue operations around Keevil and Currah etc.. without their votes & approvals.
The burden of proof is showing the Nemegosenda property, and Sarissa voting rights were ever officially moved from the parent corp. to Nio-Star.
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