My vote Some excerpts from AOS's Information Circular:
The Dissidents have not produced a shred of evidence that they could develop Clearwater more quickly or effectively than your current board of directors (the "Board") and management team. Indeed, they lack the necessary technical expertise to deal with the intricacies of a public hearing on an in-situ oil sands recovery project, the major challenge facing the Company.
We are confident that the Clearwater project will go ahead. The bitumen deposit is among the richest in the Athabasca Basin, with a quality and thickness matched by few others. Substantial royalties will flow from the project, benefiting the government and people of Alberta. In the unlikely event that oil sands recovery is blocked by the Fort McMurray Urban Development Sub-Region plan, we anticipate that AOS will derive significant benefits in the form of compensation for expropriation of its leases under existing legislation.
Messrs. Dust and Tyrkalo have a long history of failing to meet regulatory deadlines for filings on insider trading. Mr. Tyrkalo is the former president of Montello Resources, which was the subject of a cease-trade order by the Alberta Securities Commission in 2006 for failure to file timely financial statements.
By contrast, each of AOS' current directors has an unblemished record with securities regulators.
In addition, we have received a copy of an order of the Alberta Securities Commission dated May 23, 2012 granting Messrs. Dust, Duncan and Hammons exemptive relief from the requirement to provide a dissident proxy circular in connection with the annual and special meeting provided that they do not solicit proxies from more than 15 shareholders. Accordingly, it would appear that the Dissidents will not file or deliver a dissident proxy circular and thus, the vast majority of shareholders (except for the 15 shareholders with which the Dissidents choose to communicate) will not receive information concerning the Dissidents' plans for AOS or information from the Dissidents concerning the Dissidents' director nominees that would otherwise be required to be included in a dissident proxy circular.
Enough said. My vote goes to existing BOD. We are too close to approval now to be derailed.
Regards,
Jim