I have just sent another email to the VIL management. A copy is shown below:
Attention: Verus Directors and Management
Every single VIL shareholder’s patience has been exhausted, and it is felt that the entire directorship and management is extremely incompetent. In the past 6 years, since the transition from "Investments" to “Resources and O&G projects”, not one project has been successful, and in fact costing shareholders well over $20 millions in losses.
The sole project with some hope i.e. Fausse Point has been grossly mismanaged, and after 34 month, still waiting for some concrete action. VIL directors and management have had well over 18 months to arrange a “farming out” deal at a much better value to shareholders. So please, do not use this “farm out” as an excuse for this prolonged delay.
VIL shareholders are demanding improved management skills, or fresh management personnel, to move our company forward, and increase the unsatisfactory share price of $0.001.
When is the positive announcement going to be released !!!!
VIL Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held
