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Wales Walker

07/14/08 12:02 PM

#37185 RE: PinkElephant #37184

I'm with you on that one, Pink. The ONLY thing that is likely to move this stock are actual production results and an updated proven reserve report. All the rest looks like pure smoke, not just to me,but obviously to most other shareholders.
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kelseyf

07/14/08 12:05 PM

#37186 RE: PinkElephant #37184

PinkElephant you state:
Discussion of KAA's ability as a CEO is 100% relative to the board and I am confident the uber-mods wouldn't disagree. In fact, I think you'll find that most of the people reading this board are curious about many of KAAs decisions.


Relative and as it relates directly to Hemi Energy and directly about Hemi Energy - Then I would agreed.

Bring in another company as it relates to the current Hemi Energy business model..............

Apples and Oranges IMO, both are round but very different in scope and nature.

You state: No one wants to hear responses about how share price doesn't matter to the business plan (simply not true) and how nothing has changed in the way Hemi has been operating from when we all bought in 18-24 months ago (again not true). The reality is share price does matter, it matters to any business plan that is using equity financing as HMGP is and it matters to an increasing majority of the shareholders who read this board.

Now who is stretching the discussion, never indicated that share price is not important and never indicated that the Hemi business plan has not changed. Fact is that the core Hemi business plan is still the same as stated but what has changed IMO is that KA has opened up the avenues of diversification of the Hemi plan and assets outside of this core. The Core business model stays as stated IMO per the Hemi mission statement, the outer core has allowed Hemi to obtain some very valuable and additional assets as it relates to the O&G industry.

Finally you state:
There is a quickly shrinking, albeit vocal minority who are willing to take the current DD at face value.


Your opinion........correct??? Or are you now speaking for others involved in Hemi Energy?

Kels