Replies to post #7357 on Norstra Energy Inc (NORX)

[cayman_west]

The same big companies that have pulled put of the same area because the oil isn't there?

[DragonBear]

At this point I wouldn't put it past

that the big companies wanted this land for their use...so it could have been the big companies putting false ads

In another suspended stock it was some promotional site didn't get the IR contract, and turned the company into the SEC. Why is it always a conspiracy? Note the conspiracy theory still doesn't explain the SEC suspension. Company X placing false ads about Company Y, leading to potential libel lawsuits has nothing to do with the SEC. Management violated securities laws, which does involve the SEC.

Note it's Summit not NORX which holds the lease. Summit asked for bids to develop it, and the big players passed on it. Not interested.