RE:RE:RE:RE:RE:RE:RE:anyone been talking to Binh Vu?
We long standing shareholders have been patient. You talk about waiting to be rewarded. Why should the current board be rewarded for us getting our money back? The current board had nothing to do with that. They were brought in to cut costs. Why did they decide to extend us into Africa? Why did we sell out our African Oil shares a year prior to them realizing substantial value? Why didn't we hear the neighbour exploring in Africa hit a dry well? We were being told we were staked out and were expected to realize value from exploration next door to us in Africa. None of that has come to pass. Why are the current board taking options that will simply dilute restitution to earlier investors? The current board drove us to $0.025. We seem to be headed back there, with no releases coming.
This current board lucked out this last go round with a weak challenge. Unfortunately, that weak challenge distracted us from challenging this Board on their compensation and performance. We all should have attended the meeting to voice our concerns there and to demand answers. None of us are getting any answers from Mr. Vu or the board.
I agree with the sentiment on the board expressed by one poster here - sell the assets, dividend the money out, and we can all go our separate ways.