correction of type Credit dumbness made a big issued off Lets be...

correction of type Credit dumbness made a big issued off
Lets be objective.

David Deloub managment of Stonehorse energy has been awesome because:

1) As the single employee he grew took it through a capital raise of 5 million,

2) Brought working interest in wells,

3) Grew the 5 million via the Juwel well.

4) Recently opened two new wells, one is so great is above expectation making up for the short fall in the 2nd

5) Made loans to proton at 30 to 40% APR ,wow

6) is probably opening up more well

7) Opened a new team in Canada exploring new options for for investors money ,choosing the best of the best

8) average a very impressive growth in revue although with ups and down

9) All with no share dilution over the last few years

Well done David

Martin gardener The Chairman has a great history
His venture in china looking for gold struck gold big time, did he return the wealth to the share holders,
You bet he did, we saw profits of 3000% had you got the timeing well, this is exceptional for a explorer

And he didn't even hoard it all to himself where fraud is more prevalent than in Australia.
How neat is that !

In answer to Credit dumbness.
David Deloub has not been the CEO since the beginning of the entity now called SHE, but has been their since near the beginning of the entity when it adopted the name Stonehorse energy, The chairman and Secretary recruited him
SHE was listed n 1999 as a trading software company and has undergone a number of name changes since

That is why SHE carry a huge historic tax losses from before the rename SHE
Its not that difficult to get tax losses credited against tax thus offset TAX and has a value in its own right.

For example is SHE went broke, but still carried tax losses but no debt ,then somebody buying SHE could exploit those tax losses.

It a shame the current secretary is not doing that, The ATO has already agree these exist...so whats the problem.
If he cant do it then they should find a secretary that can.