Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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Message: Re: June 28th-Oct.9th
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Oct 09, 2013 12:42PM
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Oct 09, 2013 07:27PM
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Oct 09, 2013 08:10PM

Oct 09, 2013 09:25PM

Oct 10, 2013 07:42PM
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Oct 10, 2013 09:02PM

Awesome response. That's why most of their CEOs make millions a year, their job is just way too easy. I'm glad Hess walked, it gives us a chance at a better deal. The current management team eliminated all of the debt on the books. Why would they do such a thing? Oh, that's right, the previous managment team, the one that inked the agreement with Hess, also thought it was a bright idea to take on loans with no revenue stream. That is the quickest way to bankrupt a company by the way. The new managment team noticed this immediately and took action by listing FO in new markets. Philip actually addressed this issue at a investor presentation. He could not understand how anyone could make such a reckless decision. Yes they diluted the shares in the process, but that is what any CFO would do. That's why our CEO is a former CFO, previous management wasted millions and made numerous reckless financial decisions. I personally believe the SP would be a lot lower if it were not for his actions.

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Oct 10, 2013 11:32PM
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