What makes you think that replacing the BOD is going to (1) be easy (2) not take a tremendous amount of time and money and (3) help the pps much?
Where is your resume? Where is the resume of the proposed, new BOD candidates? Who are they, anyway? A few posters on here that come across as having a probably Google-backed experience in the O/G industry? The guys who post on here that have the fewest misspellings and grammatical errors? I know, I know....they seem intelligent and they seem to know an awful lot about drilling. Let's vote them in! Besides, probably not one of them is from Texas. Are they really willing to actually travel to honor their BOD commitments/duties? I'll bet hardly any of them has even been down to Texas to visit AMEP even at this point.
My take on this whole fiasco is this: The R/S proposal sucks! The timing of it sucked. The pps right now sucks. The company's communication sucks. However, I (along with a lot of you) are still in this for one reason or other. Personally, I have always felt that this company had huge potential. I still see that potential. The oil and gas has not gone away. The rigs and leases are still there. Yes, CB really f'ed up things for all of our plans to get rich and retire early. However, I do feel I can get out of this at least at my break-even point, maybe even make a few bucks. I do not think a new BOD's composed of I-Hubbers is the answer. Not only that, but you think CB was pissed off after the reaction from the "It Rained" PR? You think he doesn't PR much now? Wait until you vote AGAINST his plan! I can honestly see him saying, "F them, I'll show 'em."
Having said all that, I am hesitantly voting FOR the R/S. I do not mind CB making a bunch of money....as long as I make some (or at least break even at this point). I don't mind losing my voting share, because I do not plan on being around long enough for it to matter. Right now, I want to keep CB happy, so he can keep producing oil and gas in order to get the pps up to a point where I can exit.
My take may sound naive, but I know for a fact two things:
(1) A new BOD made up of posters with questionable (if any) O/G experience, whom I have never met, who are spread all over the country is certainly not the answer.
(2) Voting against the R/S and pissing off CB is going to be worse than voting for it.
The only choice left is to vote FOR the R/S...and then get out after CB finally does what he has been telling us he would do.
GLTA,
Curlyjoe
AI
