Manitok Energy Inc MKRYF

i agree Mass created a massive mess

[naga00]

He has diluted us down to pennies, but the company is still much more than the current level.
The believes that the company needs a change and does not believe that Mass has the ability
to execute a strategy to really direct this company in a way create real shareholder value without
having to sell the company.Since Mass has been at the helm everyone has lost . There are NO winner in this stock.  So i agree that he needs to replaced or better yet get a new board and have larger institutional holder and there are plenty that can vote him out.
the equity value is stated at over .80 at a firesale we should be able to get at least .35-.40 a far cry from
this disaster .  Of course crashing oil prices are not helping either IEA say we are in a glut again.
This is not Mass's fault.  Look he has had a strategy assume buying cheap acreage and having a much firmer price for crude after almost 2 1/2 years of depressed pricing.  It could have worked but
not this time.  i am not worried about the $8 million committment for this year because as mentioned in a prior post using only 4000 boepd and $45 wti the gross number is around $38 million.  Not worried.
He needs to stop diluting and run an oil company instead of a paper mill