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Re: BoatnJets post# 39727

Wednesday, 06/18/2014 2:56:20 PM

Wednesday, June 18, 2014 2:56:20 PM

Post# of 54103
I do not think replacing two CEOs that quickly is a smart move. It would give the impression that the board has no idea what they are doing. Especially when you just gave the new CEO 40M preferred shares. Medient needs consistency and to stay focused on the goal. We need continuity in the company's employees. You can not keep constantly changing management teams. It is extremely disruptive. I am sure a big reason Jake was made CEO was because he was familiar with what is going on and was able to retain the necessary employees. An outsider would have taken awhile to get up to speed which Medient cannot afford right now. I would have preferred to have gone in another direction with CEO but Jake is our guy at this point.

At this point I am sure the board and CEO are aware of shareholders general sentiment regarding the split and I think all longs here should stop trash talking Jake until we see what he does. The board will reveal their plan when they deem fit. Give them at least couple of weeks. Jake was appointed less than a week ago. All of this constant panicking is hurting investor confidence and discouraging new investors.
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