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Message: Re: Some intersting stuff...

Apr 05, 2009 11:29PM

Apr 06, 2009 05:12AM

As shareholders, all we can do is vote against the rollback. We can stop it if we unite. Management only holds a minority interest.

We need to put continuous pressure on management to reveal exactly what is in the Tennessee wells. Otherwise no rollback should ever occur.

If the wells are commercially viable, a rollback is a good way for other parties to steal our investment. (Current shareholders portion is squeezed, reverse splits always result in lower stock prices, and it is then easier for monied interests to acquire a large stake in the company).

If the wells prove to be dry holes, a rollback may be our only option.

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