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Re: treasurechaser post# 408

Friday, 06/08/2001 8:41:03 AM

Friday, June 08, 2001 8:41:03 AM

Post# of 15759
Treasurechaser. . .

I'm glad to hear your family's perspective on what transpired at the CHAG Club site. Cindy and I (my fiance') discussed the matter as well. She is a former VP of HR for Qantas Airlines. She has dealt with the Aussies for several years. Indeed, there are cultural barriers that Shane needs to learn about. At times, he appears to belong in the mine, rather than in a position to run the show. Sometimes, however, when one has to deal with oil workers, schedules, chasing down IR people . . .and keeping things moving forward, the tonality of language, changes. Shane appears to have a difficult time changing gears with his vocabulary. I believe that if you were to call him on the telephone, his articulation would be quite different. Nonetheless, different investors require different things from the leadership of organizations.

I would have to say at this time, I, as an American, am not impressed with Shane's behavior. However, I am quite educated on the differences of cultures. . .and how to respond to people of different cultures. I do believe Shane needs someone that works for CHAG that can be a liason between management and investors. Someone with "tact." That, however, will not be me because I'm an investor in CHAG. . .and I prefer to remain that way. From what I understand, there are negotiations underway to get a IR firm working with/for CHAG. I believe that is CEOcast.com. The problem . . .from my understanding, is that CEOcast.com is asking too much for their promotional services. I have recommended others to CHAG. . .and have heard nothing in response. So. ..it's one of those, "Wait and see," things. At some point in time, Shane is going to realize that he doesn't know as much as he may think he knows. Then, and only then, will the true potential of CHAG come out. Until then, it's going to be tough for him to gather new investors.

Okay. . .now I'm running off on assessments. Nonetheless, I value your input (as a shareholder. . .and part owner of a public company called CHAG) and have forwarded my own concerns to the company. We'll have to see if CHAG's leadership will someday learn how to deal with us arrogant Americans.

Peace,

M&M Man