The PIPE”s Report takes a look at the Securities Exchange Commission (SEC) investigation into Sun River Energy for potential securities fraud. The article also touches on some of the issues in Sun River Energy’s litigation with Nova Leasing, LLC.
Category: Sun River Energy
Sun River Energy, Inc. is an oil & gas company currently headquartered in Dallas, Texas, that formerly traded on the Over the Counter Bulletin Board. Since 2008, the company has been embroiled in a large number of lawsuits, a substantial number which have involved litigation against its own shareholders. Sun River Energy owns approximately 150,00 acres of “fee simple” mineral rights in northeastern New Mexico.
Sun River Energy’s Auditor Resigns
Sun River Energy (SNRV), the PIPE issuer that is involved in multiple lawsuits to take back restricted stock from contractors and other investors, said its auditor LBB Associates Ltd.LP resigned on Dec. 21.
Sun River Energy Pitches Investors on $39M to Fund Drilling Budget for 2012
Sun River Energy is attempting to raise $39 million