Re: SKP pump in motion
in response to
by
posted on
Jan 16, 2010 06:01PM
The company is now known as FUSE Cobalt.
I have only one of these investments... WEL and thus I am bias only to WEL.... When one holds all 3 of these stocks your views can become skewed in favour of one over the other especially if there could be substantual benifit to one or both of the other investments at the expense of WEL.
Good point RES. Most people have more tied up in SKP or SGR and become skewed understanding where we are coming from. I hold all three but mostly tied up with WEL and that is why I have also become very bitter. I have been meaning to type a letter to WEL managment but have not had time to do so. I will try to have one done by tomorrow just so I can voice my concern with this agreement, it sucks, and we, as investors deserve clarification. If someone tell's me that they are going to spend 5 million over 5 years, and after first year ask for 1 year extension, agreed because of crisis, but then another year passes and no news, progrees or plans on anything makes me wonder. They should have spent a million by now so explain the zero news release on progress. Common. Unacceptable. I deserve better then that and if they cannot deliver then either get rid of SKP OR mabye someone at WEL should get a new job for making this bad decision. I am starting to doubt John and his ability to strike JV's for investor's best interest. We cannot point the fonger at one person or company at this point. Someone has messed up and it will interesting to see what transpires. Next week, if news comes out we will all be happy but it better be substantial news or we will still be venting. As a substantial holder I want guiidance and shareholder value but IM not getting either and IM not signaling out one person but WEL managment needs a wake up call and do something for us longs. Period.
r65