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Re: welloff post# 36686

Sunday, 08/28/2016 2:32:31 PM

Sunday, August 28, 2016 2:32:31 PM

Post# of 40315
The CEO of a company is the decision maker, and may seek advice from several respected sources, most do, as the former CEO also did; however being the CEO and decision maker is a whole different category than an 'advisor'.

Michael McGhan has only been the CEO since this Jan, so his reign as CEO and 'the final decision maker' is counted in months and just getting started, and should be evaluated from that date. Based on his past performances, and personal links in the O&G, I believe he was an excellent choice for the CEO position.

I don't think McGhan would have come on board as the CEO if he did not feel he could drive the company to profitability as he has done before so successfully; and I don't think Johnston the former CFO of Tysons Foods would become the major shareholder by buying all his 12,903,667 shares with his own cash, if he did not feel the company would become profitable; and speaking of advisors, Johnston is a Board Advisor.

McGhan and Johnston are insiders, and have far more information on the developing business plan; more information, including testing with potential major clients, than all posters combined including mine and then some; yet they came on with Freestone in a big way.

In conclusion, I'll go with their knowledgeable lead of the business plan over outsiders opinions and guesses.



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