Eagle Energy Inc T.EGL.UN

RE:Advisory firms

[gvixid]

Both ISS and Glass Lewis have a strong bias toward incumbent board members. With Eagle, both firms lay out the exact same problems identified by the Challengers, cite the need for change, and then conclude that only one board member should be replaced. Does that make any sense to you? Their conclusions here are not credible. The ultimate issue here is DEBT. It is what destroys junior oil companies like Eagle. Its not complicated. Reduce debt and Eagle may survive. Carry on , and Eagle ends up being liquidated. $40 oil guarantees that.