News: FHE Frontier Energy Seeks Trading Halt, page-50

I'm out. I made a misjudgement on this one and am selling at a small profit at this point. I can take fluctuations in sale price but a management team who'll screw shareholders to benefit their buddies is inexcusable IMHO. As someone mentioned above, I now have serious concerns about the terms of financing (because management clearly doesn't give a shit about shareholder value) and I don't see any near term catalysts to recoup these losses. On top of that, they are going to need to raise more cash at some point and if the share price hasn't rebounded I don't even want to think what they will be raising at. GLTA