Charles Volk, Jr. resigned as President and Chief Executive Officer of the Company on January 23, 2007. Mr. Volk, Jr. is considered a promoter of the Company and has received a total of 4,301,501 shares from the Company. Of these shares, Mr. Volk, Jr. received 3,942,501 shares of stock in conjunction with the acquisition of Osage Energy Company, LLC.
He received millions of shares from Osage. Just because he left before they went public, doesn't mean he wasn't successful.
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