Ann: Metgasco (MEL) appoints Mr Greg Short to Boa, page-7

re: Ann: Metgasco (MEL) appoints Mr Greg Shor... Good post CSGguy.

All I can highlight or add to that, is that close to 5 months have gone by since the decision was made to pull up stumps and go home and, all we have achieved to date, (Based on what we have been told by the Management and Board which amount to practically a big fat Zero), is to be burning more and more money. Yes their emoluments are still being collected when pay day is due. I am sure of that. And now they have added another one to that list of paid people.

For, and IMO if they haven't being able to decide, nor being able to come up with anything worth telling us during that period of time, one could be forgiven to think that beside twiddling their thumbs, nothing much worth telling us and the market, could have happened.

IMO, the man that was supposed to speed things up after replacing the previous Manager, and get us into production quickly thus leading us to the promised land, has only being able to deplete our shares value to a low that I can't even remember, and plug all the O&G wells that were supposed to be bringing us all the riches in the World.

In the meantime, the silence is continuing, and IMO if it wasn't because of certain requirements by the regulators that they have to comply with, we mightn't even be getting the quarterly reports either. Typical major companies employees attitude down to a "T".

I wonder where some of the previous rampers and the ones like the Holy man are now. Especially when all they were able to do at the time of the last CR was to attack me and ridicule me for telling the Forum that, IMO, that CR was just spelling a disaster to come. AND IT WAS!!!! For, and if it wasn't for that CR that supplied us with that amount of cash, chances are that we would be broke by now.

That is a very good job that they have done!!! NOT!!

For the life of me, I can't see the needs of having another Board Member appointed to the Board when we are doing nothing, nor when we most probably have more directors in the company than employees. Unless one of the old one was made to leave the scene, IMO it is just another waste of shareholders funds. 4 Board Members for a company the size of ours and when we are producing and drilling nothing, it is just a little over the top for me. The nose in the trough affair quickly comes to mind.

It surprises me immensely though, that we have still some shareholders supporting the existing Management and Board even after the treatment that we have been dished out, ROFLMAO!! It is of no use trying to blame some outside forces for our own problems when, IMO the problems are from within and at home. But, you can DYOR on that!!!

Anyway, I have had my whinge for the day.

Good luck.