From: Jim Krilich
From Me to You"
I have over 2 million shares at a average cost of 14 cents, so like all of you. I and my wife are deep in the red on this investment.
I have asked analogdog and klon to put together an easy to understand 'BITCH' list - which i will send to the other board of directors - in advance to our first BOD meeting - so there are no surprises - and I expect a full answer and resolution to each item on the list.
I have not talked to the other Bod members yet, other than John, who fully supports my leadership and ideas. I hope they will call me tonight or tomarrow. John is contacting the other board members so that will know how to contact me.
I want to have a Board of Directors meeting as soon as possable in Montreal or anyplace convient to everyone.
I will not accept a salary in the position. I merely want my expenses paid and hope that a just reward in the form of restricted shares - will be given to me by the stock holders after we achieve our objectives.
As are as expenses, i think my new nickname should be changed to "Cheap Jim". I travel economy - and stay in smoke free marriot hotels or equivalent hotels and i jumjp in taxis instead of renting cars. I will establish a reasonable dollar ceiling for travel so no one in manage ment is living high off the hog at stockholders expense. The only problem is with the dollar falling in value each day..travel into euro and canadian dollar economies becomes more expensive.
I am upset with the stock price. I accepted this appointment because in times of trouble who do you trust... my anwer.... Yourself!!
I want a company website that provides as much information as possable to stockholders. such as:
a. key objectives and subtasks with a approximate week/month for it to be completed.
b. sub tasks that essential to complete the key objective.
note: each task will have a budget estimate so we know what we are getting into before we make a obligation.
c. the first list of objectives that i will take to the Board of Directors meeting will be the "bitch" list that analogdog and klon are preparing for me.
d. i want to provide to all you - the status of where we are at on all the important tasks that have been previously promised to us in new releases.
e. I am prepared to step down as the Chairman - when ever the stock holders have lost faith in me, or someone with more proven talent comes along. I did not accept this position for the thrill of a fancy title...I am here to save - my $350,000 that me and my wife spent buying UMNG stock.
The issues I am concerned about - what is proven - what is probable; the legal documentation of each lease - so we know it is in our ownership; the accurate reporting to regulation government authroties of all required documents; a plan that monitors the collection of data that gets rolled up into a timely sumbitted finacial report to the SEC and other government agencies; hard copy recepts of all travel expenses.
I have a vision of a very high price of uranium. I have a huge love for Canada. I look at Canada as being a huge vault that is filled with valuables that no one can steal from us. But its up to us to go out there and develope it for the peoples of North America.
I am approachable and I am willing to work with anyone that can help us achieve our goal - that goal is A PROFITABLE INVESTMENT for my fellow investors. In my mind - the cost basis of this stock is forty cents. After we get back to forty cents...I feel I accomplished my major short term objective.
Some people will probably be pissed that i posted this open message - but what the hell - Eagles never fly in a flock.
sincerely
Colonel Jim Krilich, Army United States, RETIRED.
PS I do read all the posts here - but simply do not have the time to respond. that is why i am counting on analagod and klon to call me.
