i will repost my post for you.. paul .. since cosimo came in,...

i will repost my post for you..

paul .. since cosimo came in, and as you are well aware, none of the board took any wages from Nov 2015 to june 2016

what has the board done? assessed the company and its partners and decided if xst would be a good vehicle for the new direction cosimo can take it. then cosimo raised capital with investors who are backing him and the board all the way... the cap raising was 3 times oversubscribed...

as you are also aware xst did the capital raising solely for production portfolio... all exploration capital is contained within the deals of a farm in partner, no production capital is being wasted on that side of the balance sheet and the commitment for the new capital to be spent on production is being met 100% as promised to the new shareholders

currently the board is completely committed to its objective of achieving the contrarian model of production and getting a phase 2 or 3 project over the line...