surely by now we should all know that this BOD and the CEO are only interested in one thing, and that is lining the pockets of themselves and their friends at the expense of the retail shareholders. These are not, by any stretch of the imagination, honourable men. It surprises me when I read that some folks talked to the CEO or others on the BOD at or prior to the AGM and believed them when they were told that there would be no new PP. Lets get real, these gentlemen , and I use the word loosely, really don't give a damn about the retail investor, IMO their only interest is in driving the SP down to accumulate as many cheap shares that the can get and to eventually sell this off to their friends for a quick profit, and if that price is below $5 they don't care.

The old saying " know your adversary", is applicable in this instance. if we stopped believing the stories that are spun out by the CEO and the BOD and started to do our own collective DD we would be further ahead. The OSC really aren't all that interested in reading our letters on PP as the bottom line for them is that the BOD of NOT have done nothing wrong. The only time we were successful in changing things,at the Board level, was when we collectively got behind RN and forced the Board to change direction. However at the end of the day what did we gain? , a BOD who look after their friends, a new CEO who doesn't know, or doesn't care, how to promote the company and an SP that is tanking to the level where a bid of $3 for the company starts to look good.

Is there anything we can do to reverse the direction, I think so. the first thing we need to do is stop treating this stock any differently than any other in our portfolio. In other words we bought in to make money and then get out at a level we are comfortable with. They are not our friends, they run a company in which we have invested money. If we are not satisfied with what they are doing we need to make that known and speak to them collectively. One call to the CEO is a pain, ten calls on the same topic is a bigger pain, one hundred calls is a problem and over 100 calls they need to take notice. Or if we don't want to call then lets do it by e-mail. Similarly we need someone who clearly knows the OSC regulations intimately to monitor what they are doing and when they step out of line and break or bend the rules we do the same as the calls, one letter a pain 100 letters or more they take notice, you get the message. If we don't want to do anything, well we can bend over and not complain when this company gets cheaply sold out at a price that is way below the true value.

Sorry for the rant but maybe it's about time we took some collective action.

Joe