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Re: None

Wednesday, 09/05/2007 10:32:47 AM

Wednesday, September 05, 2007 10:32:47 AM

Post# of 44881
Folks this is all in the lap of Berman. Everyone invested here to see a return on their money, no one ever expected this to develop overnight. No one ever said that we didn't want to see Berman make money either, or the accreditors or anyone who has worked toward make this a successful venture. Quite the opposite. I would love to see Berman make a ton of money from this company, that is the whole idea of going public. A Ceo needs a business model, he has one. A Ceo needs to follow thru with that business model and he has been doing this, to the letter......A Ceo needs to give disclosure and he has done this as well.......He has done practically everything right except for one thing......this is where the problems exist.

1. Protect the shareholder from losses. He cannot control the market but he can protect shareholders from excessive dilution.

2. If the shareholder is expected to wait for a return, he being the leader of this investment venture, he needed to wait with us. This could have been shown by taking a modest salary or none. He has on any number of occassion stated he cares less about the day trader and anyone wanting to make fast money off this company.....I think we longs can be in agreement with this, except there is this one final flaw, and this comes back to the salary he took for himself with the 504, and any shares he has sold restricted or otherwise that he or any family member benefitted from. He does not follow what he preaches. If we all understand all the shares he owns came out of the purchase of this company that was debt free or so we were told.
I won't even go here but its fair to say he got his investment back from this.

3. Whether its this company or IBM we have suffered massive losses in capital and this was primarily caused by this endless selling, and let shareholders in IBM take these kind of hits due to this very problem and they will make headline news on every financial network. We are not IBM, we are a tiny little company in the 2nd phase of its development. The risk are still much greater than if dilution were factors effecting the downslide in IBM's stock price.

4. It doesn't take a whole lot of common sense to understand that the last person in line waiting for a return on their money should be the Ceo......if things are going right, and if he or she displays all the right attributes the money will eventually follow, and he or she will make the most and make a bundle, and gain loyal shareholders throughout his or her career. Its here where they gain recognition and its here where they launch a successful career when they have proven that they put shareholders ahead of themselves and the company. To fail in these 2 areas is a road for disaster, this can be seen with Sirius Satelite, and few others.................

5. If Berman continues down this path and doesn't take some corrective action and begin to put shareholders ahead of himself and the company ahead of himself, and all those who have already profitted here off the backs of long investors the road is gonna abruptly end. Accreditors have the shortest time horizon.

6. He needs to think thru some alternative measures now to bring this company into its production phases if all the uranium is there and the value of these claims turn out be worth a couple hundred million dollars.....We still have to keep this sharecount in check at all cost. He failing to do this only will only exacerbate further losses but in taking all these factors into consideration that he his primarily in this first and foremost for himself.

7. This should have never ever exceeded the sharecount we had upon the completion of the 504........he now needs to reverse some of the decisions he has made surrounding these issues. The end will not justify the means for all of us who are invested in this company.







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