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Equal Energy Ltd EQU



NYSE:EQU - Post by User

Post by Nawaralsaadion Mar 09, 2012 2:13pm
290 Views
Post# 19650445

upping the ante

upping the ante

Equal management has cut all contact with me; this week I have attempted to arrange a time for a conference call with them on several occasions, but all my requests went unanswered.

Accordingly, I will be consulting with my legal firm to escalate this matter to the next step; which entails the formal introduction of shareholder proposals in upcoming shareholder meetings; to initiate a special shareholder meeting and to eventually enter into a proxy contest to nominate a new board of directors.

As the lawyers get involved my ability to update this board will be severely diminished; thus don't take my silence as an abandonment of our cause.

Do rest assured, that I will do everything in my power to force this management team to unlock shareholder value; the free ride on the back of shareholders is over, Equal Energy is our company and we will either take it back or force them to follow the right path, I promise you that.

Regards,
Nawar Alsaadi
Fellow shareholder 

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