who'd take owen back as ceo now?, page-4

bvbfan

Re; " ...Just wondering how many of you holders would want to get Owen back as CEO?... "

Let's not forget that the source of the great majority of debt that is being rolled over was OXR. As a junior growth company under OH's stewardship debt accrued during times when capital was freely available & commodity prices excellent. In that environment shareholders found OH's brand of optimism intoxicating.

IMO had it not been for the merger OXR would have been unable to proceed with PH. The relatively large debt it was carrying would have tested its earnings.

OH accepted a very generous [SH unapproved] golden handshake & is therefore a person of the past.

IMO you do not re-invent yourself by going back to the past. Building on strengths & taking advantage of opportunities while managing costs & risks is where it is at. Are AM, BC etal the people to take OZL forward - IMO small shareholders have a right to be treated with more respect & their scorecard reads "Needs to Improve" at present.

So, in summary re bringing OH back; "No way for this little black duck!"

4YIO - NFA