Addax Petroleum (fka AXC)

[midtieroil]

So you think not holding shareholder meetings and not allowing BOD votes is operating in a normal manner?

You think losing 5 million in the Stanford scam is operating in a normal manner?

Do you think drilling 5 consecutive dry holes in deepwater and then one on land is operating in a normal manner?

How about being unable to get an AIM listing? Or only raising 1.8 million in an 18 million rights offering? Or not timely disclosing Tax Court Decisions. Or having a 2.0 million IRS refund turn into 2.7 deficiency because you forgot to file a form? Or issuing highly toxic debt because you blew through 45 million, none of which was spent on drilling. Or having to forfeit Chad because they were too inept to get a partner. Or buying a TX property with the last of your cash only to sell it a few months later at a huge loss. Or not finding a partner in the EEZ in 10 years of time. Or not getting a full carry on even a single well in Kenya and owing 10 million as a result.

Is all that operating in a normal manner? It is hard to screw up that much in 90 years let alone 9. You are damn right I complained about it and criticized management. Who in their right mind wouldn't complain and and who in the world would then claim they've done a great job and operated in a normal manner. None of that is normal from where I stand.