News Focus
News Focus
icon url

maverick one

06/01/11 6:39 PM

#2502 RE: alsobirdman #2501

Well I as an investor, we ALL should be updated. But, this is ridiculous 7 months? Thats not shareholder friendly regardless if he hasn't diluted or not.

As far as any of you know he could be telling you on the phone blah blah "yeah I'm looking for funding"...but in reality he isn't type of deal. He could be talking out of his wazoo as far as any of you know.

I know a family friend that is punching holes left and right along the Jasmine and finding big oil, whats Daybreaks deal? Has he FAILED at finding funding and doesn't want to tell his shareholders? Is Jim hiding from us? Starting to smell something isn't possibly right here. Now if Jim hasn't been successful at obtaining funding I could see him not wanting us to get wise to that, for several obvious reasons.

Certainly in my mind, I know first his priority should be running the company and we are secondary. But, really 7 months no word from the guy? We as shareholders have been extremely patient with him as a CEO and have put up (so far) with his lack of communications over the past several years. But, come fall I'm seriously going to look at dumping half here if he doesn't come to the plate and get things moving in the right direction for myself as a shareholder.

I'm glad Jim has not diluted, but honestly the lack of updates that's not cool and kind of a red flag too me after 7 months. I'm as patient as anyone out there that I know. But, he as a CEO should be updating us and doing a little bit better of a job with his shareholders in that department.

We've given him a hall pass, but this is way out of bounds and borders ridiculous.
icon url

OilStockReport

06/02/11 2:17 PM

#2509 RE: alsobirdman #2501

That seems to be an accurate way to look at it. I am still doing DD here but it appears they have been making steady strides forward with production year over year and minimized their dilution.