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Re: Nelderand post# 31221

Monday, 08/06/2007 11:23:29 PM

Monday, August 06, 2007 11:23:29 PM

Post# of 44006
Nelderand we may be on the same page just saying it different. It is the potential dillution which has casued the drop, but there will be reluctance upon future risk takers ie new stock buyers and even lenders who accept options for shares as a sweetner.The CEO has in effect said he is reneging upon his business dealing contract with the company. That does not bode well for future business with stock and lending agencies in the oil patch. If the RS fails even then the SP will suffer IMO as they see CB and the board as ones who can not be trusted.
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