RE: RE: what happened here?? You can put any kind of face you want on it. A short fall like this does not just jump up one morning and the CFO, CEO and Cahirman are surprised. It is a lot like when the shares were discounted to $2.27 in the financing when the sahre price was much higher. Ist a lot like the glowing updates on project progress when there was going to be an over run and things were not really so rosie. The lack of transparence is staggering!! The massive dilution that shareholders have experinced and will now experience bespeaks of a managment and Board that are totally out of touch. Going forward the CEO, Chairman, CFO, and the Board should take a pay holiday until this mness is fixed. The over generoous salaries and perks should come to an immediate halt. Northland is trading at 2004 - 2005 levels wrong direction for share price. In 2008 it was almost $5.00 with 100 million shares out. This over run is as bigg as the CEO's ego.