Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum RMP ENERGY INC T.RMP

"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."

TSX:RMP - Post Discussion

RMP ENERGY INC > He was forced out
View:
Post by MustangMatt on Jan 16, 2017 12:37pm

He was forced out

No doubt in my mind, question is what next, the market doe not seem to like this new uncertainty.  However, longer term looks things are shaking up, cheers Matthew
Comment by Seppelt on Jan 16, 2017 8:35pm
I am not sure he was forced out, Mustang. But if that's the case, why not to force the chairman and the entire board to retire as well. This is a tightly knit team without major additions to the board since 2011. I doubt, a new board member can stir up things that easy. The rest of the gang, including the Chairman and CEO, could argue that 7.5% doesn't buy you a business, make an offer ...more  
Comment by Seppelt on Jan 16, 2017 9:16pm
Just want to add a few definitions of Shareholder Friendly Management:   - A Board of Directors Putting the Needs of Stockholders Ahead of the Wants of Executives - Paying Limited and Reasonable Stock Option and Executive Compensation - Settling for Nothing Less Than Open and Honest Communication   I am a shareholder (the total # of shares on 3 accounts is six digits), but I ...more  
Comment by baranja on Jan 16, 2017 10:21pm
I am looking at their  web site design,.. so old and outdated. A lemonade stand run by two grade 1 girls could be better represented then this. RMP is positive in my books, but they will need to do some work. Consider 2017 to be restructuring and reorganising year. It took CKE at least a year to complete all of that and probably   they will be ready for run after March. RMP is O.K. now ...more  
Comment by MustangMatt on Jan 17, 2017 2:01pm
I think you just answered the question Seppelt.  My best guess as to why the whole board wasn't replaced, and it is just a guess, is that John fell on his sword for the rest of the team.   The new "activist"  does not have the votes on his own true, however, my guess is he has some other shareholders who want management changes too. This could have been the best way ...more  
Comment by ppp on Jan 17, 2017 2:09pm
Wow you guys are seeing the light. I wouldn't touch this company until at least half of the directors are gone. 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities