I am not sure about that.
They have quite a bit against them for a spin out. But I would think to get shares that are tradable in Canada ST would need to be spin off from a company that is tradable in Canada.
That would tell me that Scott would not be able to say anything about the reserves without the 43-101 for ST.
Since they have a 43-101 for ST, I don't think that will be an issue.
Also considering that SRSR is an OTC listed security ST should be able to be spun off without a hitch except for the pesky Finra rules that require them to do quite a bit before they can spin out ST.
IMO they will have no choice but to try to IPO ST or RM onto a shell. As long as they are attached to SRSR you wont get a spin out without Scott doing what he obviously does not want to do.
Basically the requirements to make a spin out are about the same thing it takes to lift the CTO.
Seems like the exchanges just dont like letting scams trade easily. The exchanges seem to require almost the same course of action to spin out or list on any exchange.
Different rules but all with the same objective. No listing without clear, truthful information.
I have not looked into the HK exchange. I would guess they have the same rule somewhere.
The thing about this rumor is hat Scott was talking about the HK exchange 2 years ago with the HKHE deal. I think that deal is dead so I would consider everything planned also dead until we hear a new plan from Scott.