So from Jan 2007 and $.05 a share, when Leonetti assumed the position of CEO, we are down 99% to $.0005 a share.
This is rich! From the corporate website: Trophyoil.com
"The Trophy management team comprises the combined expertise of highly experienced and talented individuals with diverse backgrounds. Together they have developed a comprehensive strategy for oil and gas exploration and remediation. Their years of experience, expertise and determination to succeed, is funneled into the development of energy exploration, fiscal responsibility, corporate governance, and social and environmental sensitivity required for a high-value, growth-oriented business. Their wealth of knowledge in both the financial markets and the oil & gas industry ensures that they can follow through on their corporate initiatives, while delivering and maintaining shareholder value.
So I guess we should be happy that Leonetti has all this expertise, experience and talent or we would be down more than 99%????
“When it came time for me to make my next career choice I saw the grass roots oil and natural gas section as an emerging force in North America”, said Mr. Leonetti adding, “I am extremely excited about the opportunity Trophy Resources, Inc. offers its share holders in the coming months and years and believe I have the knowledge base necessary to help take us to the next level”.
It would have been nice if we knew the next level he was talking about was the shareholders financial devastation!
There is NO EXCUSE for the blatant mismanagement that has been exhibited by management who put in writing that their experience, expertise, FISCAL RESPONSIBILITY, and CORPORATE GOVERNANCE ensures they can follow through on corporate initiatives while developing and maintaining shareholder value....
Shareholder action needs to be tanken immediately!!!
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