Searchlight Resources Inc (SCLTF)

[sweetpepperjam]

No idea. He is 78. Maybe time for a different chapter in his life. He is still a major shareholder here with a lot of money invested. But did he have a lot of money invested in ESO also? Not sure how much of his own money went into ESO. He took over ESO & CNYC back in 2006.

When I found out a couple years a go that management was the same here as in ESO it had me worried. I could tell ESO was a POS then and it has come to fruition now. ESO just got the okay to R/S up to 1 to 10. They currently have 130 mil O/S.

I was hopeful that Harvey was going to retire from ESO and put all his time and effort into CNYC. Sad that is not the case. Ben Ainsworth has taken th leadership role at ESO and will probably do the same with CNYC. Is this a good thing? I don't think so, but WTH do I know?

If ESO wasn't such a complete POS I wouldn't be worried about management running both companies. But since they have failed with ESO I worry that they will do the same with CNYC.

Wouldn't it be nice to know that they were focused 100% on CNYC? Doesn't give a warm fuzzy feeling knowing they're not. Do they have the best interest of the shareholders in mind here? You decide...