MF response to Angels ?
posted on
Nov 06, 2009 03:48PM
Engineering, procurement, construction & management of crude oil refineries.
MF has asked me to post this verbatim
This question goes out to all the hub leaders who are in constant contact with MF.
The news on VNX is very good for us WWF holders as we seem to have financial difficulty paying the auditors and the projects we are working on. Maybe MF could contact VNX and do some sort of JV with them. Maybe they want to park their new found wealth into another canadian company doing business in Libya. Veronex took $100,000,000 less than the Chinese were offering due to Libyan Government interference.
Maybe it is time for MF to spread the word to some brokerage houses or MM that we too can be just as good in Libya as VNX. I know some people are starting to doubt MF's abilities in Libya but I do believe that it is not MF's engineering expertise that has got us in this pickle but his inability to be a manager of business. Winfield had a well documented trainwreak of an Auditor that cost Winfield time and momentum. Winfield's projects are either too early stage for Brokerage firms or beyond their capacity.
MF tried to run both a company and do engineering projects in Libya and it has proved to be too much for him to handle and he has overstretched his abilities. Winfield subcontracts it engineering to industry leaders KBC Technologies.
Could RR or someone close to MF please sit down with him and go over the idea that maybe we need a CEO who is well experienced in business operations and make MF Chief Engineer and bring some harmony to our ailing company?
Additional project Managers will come on with project finance confirmation.
Maybe a gathering of shareholders for a special meeting this month would help us in answering the question, where do we stand with our investment? What Winfield needs is $100,000 to complete the 2008 Audited Financial Statements, Interim Statements for 2009 and Filing Fees.
Lets focus on the $100,000.00 Everything else is a distraction.
Thank you for your time and hope to hear a reply.