Thursday, March 29, 2012 8:14:15 AM
Why should we deny the group that put up money for development of XBOR assets? Why should they not have a majority of seats on the BOD? It seems to me they are the money people.Where would XBOR be without them? Why should we deny a shareholder rights to contol the company? They are the largest shareholder! How much do the current board members own?
Obviously Will Gray FAILED with Donal Energy. He had great assets and failed to develop them. Look at his last action.....the Stearns Property....what has happened to the $1 million dollars he put to buy that property. He didn't even drill one well since "he" purchased it.
My opinion is we need "independence" on the board.
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