NEWS: Mike Newport is now CEO and Director
This is good IMO. We are in good hands.
Not sure why Nick resigned but not assuming this indicates any problems. IMO.
Nick Atencio, has tendered his resignation as CEO and as a Director of the Board, but will continue to actively serve the Company as a technical consultant. Mainland's management and board wish to thank Mr. Atencio for his contribution to the complex process involved in successfully drilling the Burkley Phillips #1 well, now the seventh deepest well drilled on the North American continent in 2010.
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.