Post by
treehugger2 on Sep 09, 2021 11:56am
2 Items for your consideration (email to Kinley)
(preliminary composition)
In Care of Michael Kinley,
Item 1: As a Silver Spruce shareholder and in view of your massively substandard performance as CEO of this corporation (shareholder value wise), I demand your immediate resignation. In my judgement you and your team’s leading Officers have proven to be unworthy to serve as Silver Spruce’s Management. For the past 24 years SSE’s management is using the carrot bait to lure in unsuspected retail investors, i.e., SSE’s management opportunistically have utilized retail investors as its personal employment mechanism without giving anything in return. For the past 24 years, not only you have delivered nothing to SSE’s shareholders (the actual owners) but time and again you have use “the carrot bait” to ensnare new retail shareholders such as myself, and to keep the old ones hopping, in the meantime, with no intent of developing or promoting your Company’s worthy properties.
Perhaps it is time for you to take a close look at your case’s lengthy and ultra poor performance; 24 years is a whole generation’s entire time with nothing worthy or semi-worthy to show for. On the contrary, now and then you drill on the worthless lands (unworthy mineral rich wise) that you acquire, and just enough to show that you are doing something, looks like. In the end it is all an empty shell scheme that benefits only SSE’s upper administration. Albeit legalized, nonetheless, in my world, that is considered explicit MOCKING. Alone, your latest reports echoing massive embarrassment. Regrettably, you can reword and twist your performance all you wish, but the meagre points that I outline here seem to be all facts. If incorrect, kindly invest the time to correct me.
POINT: IF YOUR (YOUR COMPANY’S) INTENT IS TO CONTINUE WITH WHAT YOU HAVE BEEN DOING FOR THE PAST 24 YEARS (REGISTER AS A JUNIOR EXPLORER AND NOTHING MORE IN TERMS OF SHARE-PRICE VALUE) AND ESPECIALLY IF YOU ARE PLANNING TO GIVE PINO AWAY AS WELL, AND EXACTLY AS YOU DID WITH THE KAY MINE, OR TO KEEP IT THERE FOR RETAIL INVESTOR ENTICEMENT (AS THE COMPANY'S FLAGSHIP) AND UNTILL YOUR DEAL WITH PINO’S OWNERS EXPIRES, you have an obligation to explicitly make this known.
I assume you know, or owed to know by now, for a listed company, it is all in the shareprice....
Item 2: