Wow!! Wow!!! As we say around here – hold your horses.
I will fully support Digitech for a new Board member, but to bring new people from Germany, unknown to everyone else and specifically to Panama large shareholders will not fly.
Large Panama shareholders – they the ones who hold the key to the whole game.
They either privy to more information (just a guess on my part) or know more about Richard Fifer, whole Moleron operation and Panama politics to make their decision.
The Plan is coming, a lot of us don’t understand Latino-Panama culture, when they say ten days – it can be very easily be two weeks, specially with Holiday in between.
So, we need to see The Plan of action which undoubtfuly will be presented next week.
Then we need to push Digitech on BOD, with his experience he will be able to push Petaquilla into the right direction.
As example: He mentions to change upper management salary structure making it performance /reward motivated.
He has other great ideas which we /he can discuss later.
But one should never forget – Petaquilla is Panama Company and no hostile takeover by outside management team will be allowed by large shareholders.
So I will vote for Digi as a first real practical step then we will see who he can bring and we can all discuss his plan as he committed to a full transparency.
