Claren Energy Corp (CNENF)

[Sckorpleo]

So,
It's evident that TGC shareholders will be more benefitted under the current management.
1) They are ready to drill and have all technicals in place
2) There will be no more dilution
3) keeps 40% if Henc doesn't fund (Funding split bet Perc. And TGC)
4) Even in case HENC funds, it will be still beneficial (to both ) as there will be multiple wells drilled.

If new board is selected,

1) TGC will be diluted (still it will own only 20% and lose all the cash)
2) Henc shareholders will be more beneficial if oil is hit (bcos the cash is spent by TGC and HENC owns more %)
3) In case of a dry well, HENC shareholders will be still good.. But TGC shareholders will be royally screwed. - All cash will be lost and end up with more dilution.

THERE IS NO PROOF THAT PERCV HAS OBTAINED % ILLEGALLY AND ANY PROMISES THAT ARE MADE TO REGAIN % LOST TO THEM WILL BE TAKEN BACK IS JUST ABSURD AT THIS POINT.

So if you want TGC and HENC to gain value, retain BOD. If you want Only HENC to gain value and TGC screwed,
Vote for new BOD.

Correct?