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Re: stervc post# 25509

Sunday, 02/20/2011 11:22:12 AM

Sunday, February 20, 2011 11:22:12 AM

Post# of 30337
Sterv, very interesting. Suddenly Ault, the guy EVERYBODY here lambasted only a few months ago is now a savior who has turned the corner? If I recall, as I addressed Rainbolt and the questions I had of him, the rebuttal to each concern was, "this is new management" and the old management (bad management)is gone. That was only a few months ago. Now that Ault is suddenly back in the position of CEO you plead that "people can change". Tell me, what DD have you uncovered that showed this remarkable change in Ault. It certainly wasn't identified in December or January as in December and January Ault was still scum and Rainbolt was the "savior".

The fact is of the matter is, all this backing of Ault today is mere window dressing. Investors have to jump on to his bandwagon because they have no other choice. Well here is one for you:

If Ault has changed as you say, why did Ault lie in the recent 8-K about his credentials? Ault does not have "over 22 years of oil and gas experience" as he claims. He is 41 years old today and his time at Dean Witter is not 22 years ago. And according to his prior public disclosures of what he did at Dean Witter it had NOTHING to do with Oil and Gas. The man has a history of running a con and according to your post 'people can change'. Yes people can but there has to be proof they did so and not merely wishful thinking because he is now the man in charge. so please, before putting a big red ribbon on Ault as the savior, show us something Ault has done that differs from his past which includes being sued by near everybody he worked with. From my research, both the case in NY and California are still open and the SEC is still looking into Ault.

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