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Nebu Resources Inc V.NBU.H

Nebu Resources Inc. is a Canada-based exploration-stage company, which was engaged in the business of locating and exploring for mineral resources. The Company has an interest in the Cork Lake Property. It has no revenues from mineral producing operations.


TSXV:NBU.H - Post by User

Bullboard Posts
Post by linus4on Aug 28, 2011 11:46am
390 Views
Post# 18987244

don sheldon

don sheldonCan anyone tell me if the latest director addition Don Sheldon , is the same guy involved with a number of VSE co's back in the 80's/90's..It seems to me he was President of af Kam Creed which was another complete blow up! Why would management want to add this type of expertise??They were already well underway to destroying shareholder value , so why did they bring him in and give him 1/2 million options?This company seems more intent on granting management options & if they ever get in the money, they become sellars...Wouldn't it be an interesting project to go back over past 5 yrs. to see just how much NBU has diluted shareholders value by issuing options to insiders & then see exactly how many shrs. each of the insiders still own..In the past 5 yrs NBU has mostly traded between a nickel & .20 cents (except for a breif flurry up around .40 cents) which provided a better opportunty for them to sell...Last trade by insiders back in April /11 was a sell by Bian Murray & no buying--just more issuance of options..On the next proxy vote, we can have our say..
Bullboard Posts