panel declines to conduct proceedings, page-10

Bankers bankers bankers. Its probably pretty fair to say I dont have a great deal of respect for these fat cats. What do they add to society apart from entering into a boys club and fattening their wallets with some self gratifying and selfish actions?

So on that line, what does this guy offer current board apart being a banker chum?

"Mr Peter Flanagan was appointed as a non-executive Director at the request of the ANZ Bank appointed Receiver to Primebroker Securities Limited. Mr Flanagan holds an MBA from Royal Melbourne Institute of Technology and a degree in Science (Ed) from Melbourne University."

...he adds a great deal of what to the board???...

The current receivers of the Primebroker holdings are ANZs guru reinvigoration team...so why are they even necessary given Blues current direction?

It will be interesting to see how the receivers follow up their intention to throw their weight around and how it will benefit the rest of Blue Energys holders. Must be some pretty damning evidence! Hate to see them end up with egg on their face. A squabble over director options perhaps? They can keep em, so as long as they keep on keeping the company on.

Blue Energy is geared for success and I dont see any need for a distraction at this point in time. Without some hard claims, this is going to end up being pretty destructive for everyone just so the receivers can throw their weight around.

THE THING THAT REALLY GETS UP MY NOSE IS A THREAT TO REMOVE THE CURRENT CHAIRMAN!!!!!

Its pretty fair to say that we wouldnt be on the commercial road to success if we didnt have Peter Cockroft on board.

Heres a video I hadnt seen. Its from June and features our COO, John Phillips. Someone that Peter Cockroft brought on to the team. Both exceptional operators who are going to be Blues keel over the next few years...

http://www.blueenergy.com.au/_dbase_upl/20090611_J%20Phillips_SkyNewsPBLUENERGY%20M00035009406.wmv

SF