Replies to post #17693 on OMDA Oil and Gas, Inc. (OOAG)

[ooag_long]

todays news does go far to possibly improve ab's image, and it looks like the bashers are gone, i would only want barnett to stay if he can demonstrate to shareholders with an solid lease aquisition. the problem is that unless he was going to spend tons of money on a ceo it would hardly make a difference, caddo for example is 30,000+ bucks an acre, but on the other hand if he put it into a wild cat partnership program w/ ooag reaping the benifit, 150,000 dollars for a ceo could go to the moon if the company hits a gusher. But shareholders would need to be getting constant feedback from the project as if they were a principal calling the general managers on a nearly daily basis.

[funinthesun]

You are correct that an oil guy would certainly be better equipped to run the day to day operations. I don't dispute that. My question is regarding value. A guy or gal like that won't come cheap. Wil they be able make a sufficient impact at this stage in the game to justify their salary. Remember, AB said it would be a cash salary with no stock payments at all.