Here are the first two paragraphs of the Kholer interview with GM and AD:
Changes afoot at Bid Energy
"Guy Maine is the CEO of BidEnergy and Andrew Dyer is the new Chairman. I interviewed Guy Maine and the old Chairman, James Baillieu quite recently, and that was okay and it was all terrific, the shares had gone up quite a lot and on Friday last week, they announced that there was a new chairman, Andrew Dyer, taking over from James Baillieu and James Baillieu had effectively been sacked and the shares fell by a third! They were up a bit on Monday this week, but there was a huge fall, partly because I think, James Baillieu himself is selling out his shares and he’s now sold all of his shares, and he told me that he’d been punched in the back of the head by them. They’d a meeting without him, he says, that Guy Maine had sent a text harassing his wife in the middle of the night, it was all terribly upsetting and he says they’re now a disaster waiting to happen.However, Guy Maine and Andrew Dyer say, and there are two sides to every story, of course, they say that James Baillieu wanted to take over management of the company and basically sack Guy Maine or at least demote him and the rest of the board decided that wouldn’t be a good idea and decided to part ways. Basically, what they’re saying is that it had come down to a choice between Guy Maine and James Baillieu, one of them had to go and the board decided that it was Guy Maine who was going to stay and James Baillieu had to go, so they sacked him and Andrew Dyer has taken over as Chairman. "
They have a good intro offer just now.
Now clearly AK had spoken with JB just before the interview, so AK is trying to piece together the real story here. There is at least some background here that is food for thought. Still very much on the sidelines here for the moment, despite a return call from GM this morning and a short, but interesting chat. He was of course, very up beat about the co. and seemed keen to join AdP on his business trip to the UK.
The rest of the article can be picked up at: https://theconstantinvestor.com/changes-afoot-at-bidenergy/
Kohler interviewed Maine and Dyer after JB resignation, page-9
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