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Re: None

Saturday, 08/13/2022 8:51:06 AM

Saturday, August 13, 2022 8:51:06 AM

Post# of 7034
I mentioned another OTC that obtained receivership of the company due to the failure to file. The CFO successfully got that receivership and subsequently had the former CEO and others removed and barred from access to the property etc. There's always a possibility of that type of scenario manifesting here. Seizing the assets and taking full control. Personally I would welcome that given current management's ineptness, whether intentional or not. They could divest some of the assets and shore up the financials. A sale of one tanker or convenient Petro shop, would suffice. Let's hope that management is blindsided by their actions not to file, and permanently removed from the helm. Given the energy sector demands, and assets to liabilities, this favors a play towards receivership imo.