re: Ann: IXR: IMX signs Heads of Agreement to... Short memories. I seem to remember almost a 100% satisfaction facor with OH and his growth of OX from 10 cents to over $4.50. His Sepon plan was heralded as steady and well executed. Dividends granted were way too early however. Sepon development was well executed. The perfect storm then came in the event of falling commodity prices, a cash squeeze,absolutely criminal banking foresight and pathetic management from Michelmore and his band of Board followers. Lets not forget Michelmore and his
' yes men 'have a 100% success record of severly devalueing companies they run. Lets not forget the fact Michelmore right in the middle of the banking and refinance negotiations was not in the office , he was on his way to a wedding in the bush sipping French champagne. I came across him that weekend at the bush wedding and his pomposity was breathtaking. A perfect storm with idiots holding the tiller.
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