Vigilant! That's the word of the week. Remember it, it goes well with "Hold on to your shares.
Your dream may just turn out as an everyday reality.
Quite often on a JV where a company is tight for cash, it will transfer its rights, encumbrances and its obligations on a JV project to an interested party willling to take on those REO's'. Perhaps we'll see some flipping of positions from these JV's,, hopefully Richard's still talking with these guys.
So, we have numerous JV's throughout the ring which most as off this date , have had to pay monies and perform work on said claims, We need updates from management regarding these Jv's. STATUS REPORT. And correct me if i am wrong on this but would not all monies and shares coming in from said JV's constitute income? This money goes into the bank and draws interest
. We have 153m shares out +or - and if the BOD is thinking to let if go for a measely $5 a share well then we know they're not playing with a full deck, if they do all they get is 55% or $420,000,000. big deal, Eagle Ones worth much more than that. I don't believe they should be left to thier own devices to be abe to get away with that. Now that the OSC is done putting the screws to the boys at RIM perhaps it damn well time for them to wake the hell up and give NOT a good going over, starting with the amount of options they gave themselves before the bathwater had dried and the monthly accumulate as well. Should they attempt this, they are in for the fight of thier lives, they will know what its like to have pissed off shareholders and the OSC breathing down thier necks.
Richard never left NOT, chairman for life has its rights i beleive, he has a huge amount of shares and i know he would not like the idea of someone selling his shares down the river. He's probalbly wondering whats taking us so long to form up.
roos.. a huge thank you for that ,,, i would post it in its entirety.