Post by
fountainoftruth on Aug 23, 2010 2:02am
The Golden Rule in business
A board works for shareholders. A board must follow the Golden Rule. The Golden Rule is shareholder's voted these individuals out. They have not honoured Global 8 Environmental Technologies or any shareholders. This implies and signifies a weak link in leadership. The current boards has lost all credibility in my eyes.
A company that discredits shareholders and uses abusive practices is not a company at all. I nor any of my colleagues will ever invest in G8, participate in any court hearings or donate any funds. If a new board comes along with objective and plans, following the Golden Rule, we will open our pockets once again.
I'm not interested in who is right or wrong. We are interested in our investment in G8. We are interested in how this company will move forward.
I will tell you five things about myself:
1. I reside in Fort McMurray, Alberta.
2. We invested in Global 8 because of a well respected individual, Mr. Jim Samaroden.
3. Global 8 needs a new board. We as many others will not be participants in law suits against former officers and directors.
4. This fiasco has created grief in our investment. Over the past year our Global 8 portforlio has declined by 93%. It is time for new management.
5. We refuse to participate in your conference call, as most of us fear you will drag us into you law suit. Many of us are retired and uninterested.
Honour the shareholders and follow the Golden Rule.