I don't normally waste my time on these boards, but a shareholder brought this post to my attention and I feel it deserves a response because it is a complete and absolute lie. I doubt you and I have ever spoken and I certainly would never say any such thing.
I never make any statement whatsoever that I do not believe to be true and correct. Sometimes we change our plans because we subsequently believe another avenue will provide better results for the company and these other avenues cannot always be shared publicly. Sometimes, but not often, we simply don't succeed in an endeavor. That doesn't make the original statement untrue at the time it was made or make for bad faith. In the case of the uplisting, it is the former. We have been pursuing a number of alternate avenues that we feel may be better for the company. Indeed, there are shareholders who contribute to this board who are aware of at least some of these plans due to their connection to them. We also completed the audit with Gruber & Co as stated.
As I have stated many times, I don't run this company for the benefit of short-term traders. This is a marathon, not a sprint. You either give management the time (and "time" in this instance doesn't mean days or weeks or even months) to execute or your move on. You either have confidence in management or you don't. If you don't or if you don't have the risk tolerance or patience to invest in a company like ours for the long haul, or if you require a lot of hand-holding in the form of constant updates, then please move on to another investment.
In the last 12 months alone we have closed the Berlin acquisition and major related financing. We have completed wood and interconnection studies. We have basically completed all of our permit applications. We have negotiated and nearly completed a number a material contracts to support the project. We have undertaken a successful public relations campaign that helped support a pro-Laidlaw administration being voted into office in the City of Berlin. Additionally, we have negotiated and completed a joint venture and related major capital investment and have added two new projects to our development portfolio, along with numerous other opportunities in various stages of due diligence. Oh, and then there's the the nearly 10x increase in our shares over the last couple of months.
You are certainly entitled to your opinion if you feel the foregoing does not constitute good progress for a company like ours over the past year, however, if that is the case then I fear you would be better suited to investing your money elsewhere.
Many thanks to all of our long-term shareholders and happy holidays to all.
Mike
