Great post, Wanabe. This is becoming very confusing for everyone.
As I've said before, we just don't know what is going on behind the scenes. RG is trying to make a company that will not have to rely on the success of the MMP, and just a short while ago, we were all supportive of his efforts.
However, we also want to be supportive of our fellow shareholders who want to find a way to protect us from ending up with absolutely nothing.
We need to be very careful how we proceed. Most of this is futile anyway, but some feel that we can't sit and do nothing. Perhaps at this point, we just do the following:
Choose our next Shareholder Representative, who will take our concerns to the company.
Give him whatever support he needs to be pro-active on our behalf.
Document all our questions and concerns, and formally request more frequent communication with the BoD (webcast, letter, bulletins etc....).
Wait and see what unfolds in the next few months.
If people want to go further, we need to know what steps are being suggested. Any legal action is going to cost a lot of money ... and generate publicity that may be harmful to our company.
Personally, I don't want to hinder whatever progress might be happening with the MMP, M & A's and other possible negotiations.
All of this is just my opinion, and I know nothing. I just like to put my two cents in. :-)
Happy Easter,
Cherry