Claren Energy Corp (CNENF)

[tchauncy]

Smooth, let me ask you something. Do you, or do you not believe that Aldorf and Nico, while serving as Officers and Directors were involved as principle owners of Perceville?

And if you do, do you think it was alright for them to take the "inside" information they received by using shareholder raised cash and buying assets secretly at 1/7 the cost of what TGC shareholders had to pay to get their share of the similar asset?

Now don't give me the story that TGC didn't have the cash to buy the properties. Just by the fact that Carlo Cevilli put up the $3 million for a 5.1333% interest, AFTER he and his partners bought the 25% for a million less than that amount, should look to any rational individual as a "quid pro quo" for allowing the "sneak peak" at the seismic that allowed them to buy the the 25% in the first place.

If existing management was really looking out for their shareholders, don't you think they should have sold Carlo the 5.1% for the $3 million and then took that money and bought the 25%?