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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Comment by doggonemadon Jan 17, 2014 1:53pm
206 Views
Post# 22104892

RE:RE:You Guys Don't Get It!

RE:RE:You Guys Don't Get It!Nope.  My average cost is 0.20.  I bought when Walter came back.  I know stuff that he has done in the past.  I am also an ex investment banker so know how to size up a company.  When you invest in penny stocks (venture capital) the three most important things that you look for in a compnay are: management, management, management.  He has the experience, contacts and managerial ability to transform this company.  And to those of you who say that CS is running the show, that is a lot of BS.  It is very common in situations like this for the banking syndicate to demand the appointment of a Chief Restructuring Officer.  They want to make sure their collateral is protected, and for this CRO to report to a special committe.  The special committe in these situations has to be completely independent of management and this is why Walter cannot be part of it.


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