Re: The way I see it...
in response to
by
posted on
Jun 12, 2008 09:23AM
Engineering, procurement, construction & management of crude oil refineries.
Hey Slushy...
sorry to see you paid such a high price for the stock, and sorry to see the big loss...
As for your post, I like the post for it brings a different view to this forum so please keep posting...
Now regarding your discussion and questions as what the company has been up to... You stated:
"Since August, Where are the deals that was promised at that time. Where are the news releases to back them up.
Since January when they resumed trading, what progress has been made and substanted by an offical news release. Any thing?"
If you state this then you have not been following the company for the last six months.. the company has had a number of NR's, with Two Refinery approvals and one Feedstock approval. All documents on this has also been forwarded to TSX, as posted by Foley's email to another Agoracom member. Having said that I would say the progress has been great, unfortanetly this does not reflect in the stock price...
Also in one of your posts you put Anwar Badshah and Michael Foley on the same boat:
"Put Anwar and Mike's history on it. And it is a bad cocktail."
This I dont Agree with you at all. First, I have checked some projects which Michael worked on and I know he has some good deals in the past, unlike what Baines had said in his article. As for Anwar, that is a seperate story and I do not think MF knew what Anwar was up to, I dont think anyone knew; and I believe it was because of him that the company was halted, moved to the NEX and is going thru a hard time right now because of his actions. This is my opinion however that is in the past so we need to move on....
As for the Financials, yes I agree, they should not have fallen behind and I myself will be very interested to see what the independent auditors finds regarding the delay.
So here's to a bright Future and all the longs...
VK