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Re: thebugman1 post# 2521

Tuesday, 06/08/2010 1:26:41 PM

Tuesday, June 08, 2010 1:26:41 PM

Post# of 21090
Having listened in on the CC, I'm pleased that Ray distanced himself from actions coming from former management. It's unfortunate that there are former affiliates who see fit to pursue their own agendas on message boards. I have yet to see how those acts improve upon the lot of us HDY shareholders. I can only surmise there are issues underlying these attempts designed to insert a wedge between otherwise happy shareholders and new leadership already to be shown to be extremely capable of getting the job of oil exploration done. Perhaps one day these schemes will be apparent to rank and file investors?

It is especially noteworthy to me that nobody has found/figured out how former management came to "inherit" the Guinea concession. SCS, after all, was not a creation of the earlier HDYH management team. Perhaps there are some good folks here who can enlighten others?

Another item I find especially interesting concerns a question of what the powers that be must have had on prior management that was so compelling as to not only force them out but also to dictate terms of the later scheduled disposal of certain of their family-held assets. I've never known totally self-serving individuals to suddenly show a change of moral heart resulting in large scale contributions to foreign countries and their indigenous citizentry. This is laughable in that good has suddenly turned not just good but heavenly so! Now, that's really "majic," wouldn't you say?

I, for one, would dearly love to see Ray left to his own devices in an effort to perform his duties without interference from others proven to have failed miserably in all ways except for those directly benefitting their own personal interests.

WT