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01/06/12 9:01 PM

#241523 RE: JPetroInc #241520

JP: Pointing out some holes in the story of leaked board minutes doesn't mean I am defending anyone.

I said this week that I would fire George from COO so that is hardly standing in his corner.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70573836

However, if YA wants someone on the Board, they have every right to do so. Do you not agree with this?

What is surprising to me is if they want so much control why the majority of the Board are outside directors. With the amount of debt they are holding, they could easily request, and get, 50% of the seats. That is incredibly common and yet YA doesn't bother. It is just a huge hole in your accusations.

In fact the Board members you said were YA lap dogs are all gone.

Peter Mannetti is a great example. He knows corporate governance and isn't going to play the games you insist you have inside knowledge of. First of all, if he was going to cheat, there are far more sophisticated ways to do so than the amateurish proposals you posted. If you are going to accuse someone of cheating, give them a little credit to pull it off smartly.