Re: chavez to visit china in april
posted on
Jan 22, 2011 11:45AM
Not to worry....management says "They are unaware of any problems or requested changes to the MOC and are continuing productive dialogue with high level Venezuelan officials in an ongoing effort to reach a mutually acceptable agreement that will enhance shareholder value".
Look at the bright side.....Fung has made over 2 million dollars in salary and compensation since the decision was made not to pursue arbitration 2 years ago. Last June's pump and dump financing with his pals at MacQuarie will pay his salary for many more months....until he can work a deal with the bondholders (at the expense of the shareholders) which will ensure his continued employment thru the "arbitration phase".