Walter D Rumor is he will maintain a board seat but step down out of the CEO position. This is very necessary. Congrats to Walter, but its time to turn over to younger more agresive MGT> Yhis is a POS stock. Wont move until a debt deal made. IE- Bond deal. Dead money for a while. I bought at .9 and out at .16. Will continue to make that play only. Some asked about 1Q reports. There posted on timeline. . Between now and then there wil be no news. Its a very junk POS company. They better start making all the ceo's, coo's start flying in the back. So much money wasted on BS. Gotta lean and mean. Go to work. Kick butt. Tired reading about all the Ebaitia wrorth on buy outs. No one would buy this POS when they can go to the auction market buy rigs 1/2 price to the bassis here. They fd up. Looking at BR or DE leasting, go private. Walter needs throw in another 50 Mil. What a POS. Be better off if they had minerarl leases and do some participation in actual production. Get new bond rating and get off debt foir 7 years. JUNK JUNK..