InvestorsHub Logo
Followers 0
Posts 6
Boards Moderated 0
Alias Born 09/29/2010

Re: Mazut post# 546

Monday, 12/19/2011 1:14:43 PM

Monday, December 19, 2011 1:14:43 PM

Post# of 638
I invested about 50k so also very unhappy. esp with the lack of communication.
My emails do get answered to a fashion, but promised of getting relisted, have so far, not come to fruition.

There is a public duty to give certain information to shareholders and this is not being done, so this should be our fist request.

As a director of a public company myself, I am not sure litigation is the right way, or at least it shoul be last resort.

With the lack of figures, I am even not sure in what state the companies finances are.

A face to face *might* help, but certainly a more formal approach to them stating their Company and Directors obligations (and attached liabilities) may get things back on track.

I would not dismiss litigation, but feel a more positive approach might be more benificial for shareholders in the end.

Finally, I do agree, at some stage we want to draw a line under this and move into a more forceful(recovery) mode. (liquidation?)

any thoughts / ideas would be great!