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Message: disgusting and unacceptable

disgusting and unacceptable

posted on Jun 11, 2008 05:51AM

No other way to put it! The company has failed to meet its fiduciary

duties and quite obviously in my past posts I was concerned about the

lack of leadership demonstrated by Babcock, who was CM's hand picked

choice.

Chester's judgement in this case was wrong! Plaxton's addition to the

board creates new dynamics since it would appear Plaxton and Adams have

as a minimum crossed paths many years ago and to my recollection,

Plaxton like myself was also an investor in MGM.

Us longs are the owner's and it is up to us to all also provide the

direction we deserve. Between my personal position and those whom I

have "encouraged" to purchase have in excess of 500,000 shares. There

are others who can also speak for significant blocks of the company ....

One of us must get to Atkins since he is operational ... the directors

if we can't get to Atkins ... and be given an explanation as the action

plan to correct this disgusting lack of regard for fiduciary responsibility.

Orgy


Jun 13, 2008 06:51PM

Jun 17, 2008 07:53AM

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