I sitting here (on a blue-bird New England Sunday)amazed by these developments. Times like these call for letters to the CEO (LOL), so I drafted one. Curious what you guys think. Open to suggestions.
Dear Mr. Snaper,
I write this letter as a concerned long term shareholder who has always been intrigued by the prospects of Centaurus. I have generally avoided investment in developmental OTC companies but viewed your company (Centaurus) differently largely based upon your remarkable accomplishments and reputation.
I am greatly troubled by the performance to date of your COO, Wayne Prentice. He has failed to execute on countless occasions over the course of the past year. He compounds this by refusing to update or communicate with shareholders. You had offered me his phone number earlier in the year in order to directly address some of these issues. I appreciated your gesture although Mr. Prentice neither answered nor returned my calls. Since February, Mr. Prentice has repeatedly promised (via the LT company blog) to PR new developments and updates. He has delivered on virtually nothing. He fails to return LT’s calls and refuses to meet to coordinate company operations and communication. The final straw, as I understand, was the intentional blocking of the recent 10K filing which he also refused to sign as required. Such blatant misgivings, intentional or otherwise, unnecessarily expose the company to possible litigation and SEC inquiry.
In closing, I implore you to reassess the company’s relationship with Wayne Prentice . Although I appreciate his professional credentials, I remain deeply troubled by his apparent intentional inaction as COO. I also note that his relationship with the Gemological Institute of America raises additional concern for a conflict of interest with Centaurus. In my view, he is either incompetent, disinterested, or intentionally subversive. Whichever the case, he should be replaced. Given his performance to date, I am hard pressed to believe he is the best available for the job.
