There are only two things that can happen here.
1. If the R/S gets voted down, CB says f-it and we all lose. You honestly think he's going to be eager to make us money after we reject his proposal?
I completely dismiss the "fire the BOD" strategy, because I highly doubt that any one of these guys sitting on their ass all day typing messages to people they don't know is going to show the initiative, have the experience, front even more money and travel back and forth to Texas in order to organize a takeover of the BOD. Even if they did, who is going to replace the ousted BOD? How long would that take? You think new investors are going to flock to AMEP once they hear Mrditbme has replaced CB on the BOD?
2. If the R/S passes, we at least have an outside chance that CB is going to do what he has been telling us all along. Yes, there is the negative connotation that comes along with the R/S, but hopefully some good production numbers will alleviate that.
All I am looking for, personally, is a few cent jump to my dollar cost average and I am out. I think those couple of cents are more likely to be realized with a satisfied CB than a disgruntled CB...and certainly more likely with a satisfied CB than with a few random I-Hubbers at the helm.
AI
