That was a great post by SE! I have only been a stockholder for three years, but have tried to understand the company history. It seems as if the only problem has been lack of good management! The leadership here always lacked the ability to make good decisions, make a good plan and execute that plan. I had worked my entire life as a petroleum engineer, mostly for Texaco, Amoco and Chevron. I retired after 42 yrs in the industry. I always felt Superior was in the right place at the right time, with the right industry connections. They lacked the leadership, vision and ability to execute anything with success. In the past they have looked like a ship of fools! They have always in the past made all the wrong decisions at precisely the right time, with all the wrong people.
I have some faith in Dan. He seems like a decent guy. He was ask and accepted a difficult role in a company that had nothing going for it. I think he has done a serviceable job to this point. I think he is inexperienced, but can grow into the job. I do think he needs to grow a pair and start thinking and talking for himself. He needs to develop into the leader that we so desperately need.
I'm still somewhat miffed about the stock getting de-listed. That never,ever should have happened. They could have issued 10 million shares and had it covered. It destroyed credibility of the company at a time when they needed it most. That is why I question the judgement of the securities attorney for the company. Who in there right mind would allow this to happen? It seems as if we are on the road to getting that fixed. I just hope the guy that allowed this nightmare to happen isn't allowed to be making any business decisions. IMO he is not capable!
I agree there has been a lot of positive developments over the past year. I hope the violent roller coaster ride is over and Dan can get this company running smoothly. Investor communication is a step in the right direction for sure! Superior needs to restore credibility.
