Insider buys and management experience Nearly 600,000 shares picked up by insiders in the last couple months, primarily by Walter Dawson.
Filing
Date | Transaction
Date | Insider Name | Ownership
Type | Securities | Nature of transaction | # or value acquired or disposed of | Price |
| Dec 10/12 | Dec 7/12 | Dawson, Walter Alfred | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 165,500 | $0.226 |
| Dec 6/12 | Dec 6/12 | Dawson, Walter Alfred | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 80,000 | $0.228 |
| Nov 23/12 | Nov 23/12 | Dawson, Walter Alfred | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 211,000 | $0.240 |
| Nov 21/12 | Nov 21/12 | Dawson, Walter Alfred | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 65,500 | $0.226 |
| Oct 9/12 | Oct 4/12 | Dorson, William Scot | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 100,000 | $0.215 |
Now look at Mr.Dawson's resume and try to convince me that this guys doesn't know how to spot opportunities and create value for shareholders. This company has grown revenues 3,100% since 2010. It is expected that with hyper growth that there will be some hiccups and chaos until they can normalize then start performing.
Walter Dawson
Executive Chairman
Mr. Dawson has over 40 years of experience building oilfield service companies and delivering superior shareholder returns. Before founding Tuscany International Drilling in late 2008, he was the founder and a director of Saxon Energy Services Inc., an international oilfield services company that was sold in August 2008 for US$700 million. Before his time at Saxon, Mr. Dawson served for 19 years as President, Chief Executive Officer and a director and founded what became known as Computalog Gearhart Ltd., which is now an operating division of Precision Drilling Trust. In 1993, Mr. Dawson founded what became known as Enserco Energy Services Company Inc., formerly Bonus Resource Services Corp. Mr. Dawson is currently Chairman and a director of VGS Seismic Canada Inc., and a director of Suroco Energy Inc., Action Energy Inc. (formerly High Plains Energy Inc.) and Gran Tierra Energy, Incorporated, all of which are publicly traded companies. Mr. Dawson is the sole owner and President of Perfco Investments, Ltd., an investment company.
The CEO has a beyond outstanding record as well......
Reginald Greenslade
President and Chief Executive Officer
Mr. Reginald Greenslade is a Professional Engineer and the former Chairman, President and CEO of Big Horn Resources Ltd., Enterra Energy Corp. and Chairman of Enterra Energy Trust until March, 2006. He was President and CEO of Enterra Energy Trust from January to June of 2005 and was the President and CEO of JED Oil Inc. from November, 2003 to January, 2005. During his time as President and CEO of JED Oil Inc., the market capitalization of the Company increased from approximately US$50 million to over US$170 million and the share price increased from under US$4.00 per share to over US$12.00 per share. During Mr. Greenslade’s tenure as President and CEO at Enterra, the market capitalization grew from under US$2.0 million to surpass the US$1.0 billion mark. Enterra’s share price rose steadily from under US$2.00 per share to approximately US$60.00 per share on a pre-split basis. A two for one stock split was completed during this time. Mr. Greenslade is a founder and a director of Spartan Exploration Ltd., (TSX: SPE), a junior oil and gas exploration and production company focused on light and medium oil opportunities in Saskatchewan and Alberta, Eastend Energy Corp., an oil and natural gas company focused in Southwest Saskatchewan, and Athlete Equity Partners, a financial equity partnership. Mr. Greenslade also serves on the Board of Directors of Maverick Business Solutions, an integrated oil and gas service company, and Andora Energy Corporation, an oilsands company.
Give these guys a couple years to and there will be great returns...........