Well for years we were being told how much of a genius Scott was for not uplisting and not clearing the CTO and not spending money getting compliant. But if he was a good CEO when he did the HKHE deal he would have made a simple stipulation to the JV partners that work would continue and that if they did not come up with the money before the company did those various things that each of them would carry a fee to HKHE. So if they were going to give us $10M but didnt come up with it by the time we drilled 5 holes and got a resource estimate that they would need 15M and if they uplisted it would be 20M.
It would have continued to get the work done and pressured them to get the money faster.
As it is you can look back to before the HKHE deal and see plenty of references to Scott having a lot of people wanting to JV with us and Scott was picking "the best deal" HKHE was obviously NOT the best deal and if it was a good CEO would have passed up on anyone without money in their hands.
What ever happened to dalman rose? They were supposed to be experts in finding us funding but they vanished like the JV partners.
Being a good CEO doesnt mean putting out PRs that make things sound better than they are. It means getting deals that are better than they sound
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