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MightyOil

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posted on Feb 22, 2013 02:05PM

Today's NR is excellent reporting. When our legal team gets in front of a judge and it becomes clear that “the Dissidents” are 91% of St. Elias shareholders, and that “The Company” is Lori McClenahan and her undemocratically and self-appointed BOD, many of our arguments will have already been made for us in the form of black and white official company news releases.

An example from today’s NR: The statement “The Company intends to vigorously defend itself against this action by the Dissidents” in reality translates into “The CEO and BOD intend to fight to retain their positions against the wishes of the overwhelming majority of company shareholders and the CEO and BOD intend to do this with company funds”.