When he called asking for votes to support the SLB thing he promised that all proceeds would be used for work related to the sale, wastewater expansions, even normal machine shop work to keep the new CNC center running and producing ...AND would Not be taken advantage of regarding back pay. He specifically said ' shareholders have been patient and generous'...Haha...
I too am stuck with a lot of shares from way back, what was an investor to do at that point except say yes and hope the pennies left would have some chance of gaining, doing SLB /Cammaron work?.
Should have sold after the Google oil clean-up competition fiasco. Still wonder why they brought a basically untested 8000 for such a small job. Then hear it was incorrect xfer pump phasing / size and they hadn't tested it and ran out of time. Last place, with clearly the best technology there but incompetence ruled that day. Friends, family and investors are still trying to figure out How such repeated stupidity, ineptitude and selfish greed occurred/occurs now still.?. I guess most of that equipment is sold long ago for pocket change and salaries.
A decent machinist can make pretty good revenues with a running CNC. The question of why just this contract in work, nothing else? Nothing planned or prospective work, no SLB/ Cammaron work, wont/cant even turn brake's discs, perform any contract work.
John Sr is rolling over in his grave with embarrassment...GLTA...
