RMP ENERGY INC T.RMP

Makes for interesting reading

[Dreyton]

From Yahoo Finance

RMP has engaged FirstEnergy Capital Corp. ("FirstEnergy") and Scotia Waterous Inc. as co-advisors to assist the Company to evaluate, develop and recommend one or more strategic initiatives necessary to maximize shareholder value and 'unlock' the intrinsic value of RMP's assets. This may include, among other alternatives, the addition of capital to further develop the potential of the assets, the sale of the Company or a portion of the Company's assets, a merger, farm-in or joint venture, or other such options as may be determined by the Company's Board of Directors (the "Board") to be in the best interests of the Company and its shareholders. FirstEnergy will coordinate and lead the process. The Company has not set a definitive schedule to complete its evaluation and no decision on any particular alternative has been reached at this time. RMP does not intend to disclose developments with respect to this process unless and until the Board has approved a definitive transaction or other course of action or otherwise deems disclosure of developments is appropriate or otherwise required by law. There are no guarantees that the process will result in a transaction of any form or, if a transaction is entered into, as to its terms or timing.

[Sittingbull11]

I do not see what is interesting about that information at all. In fact, it is disconcerting. RMP is spending more money for someone else to tell them what is in the best interests of the company. Isn't that what management is paid to do in the first place? Does the management not have sufficient knowledge of assets, values, buyers of their own company to make those determinations on their own

[jada13]

Management is stuck between decisions and needs an outsider to brake the split.Happens often,nothing new.

[Sittingbull11]

What evidence do you have that management is divided and needs an outsider to "break" the split? This happens often? Spending money to get outsiders to make significant internal company decisions because management is incapable of becoming "unstuck"? I THINK NOT!

[zinxprime]

This post has been removed in accordance with Community Policy

[Baird007]

This happens all the time watch next month probably sell some assets and will be 1.80 a share

[zinxprime]

This post has been removed in accordance with Community Policy

[Sittingbull11]

Stock price doubles "all the time"? Really? Bankruptcy happens "all the time", also!

[Baird007]

Well if u watch other companies this happens all the time they sell assets when they are in a bind then stock usually goes up 40% exsamples pennwest was about to close there doors at 60cent what did they do sell assets now they are at 2.20 Zar samething at .30 now a 1.00 just hold on and take the ride RMP is not a near as trouble as of those companies