Personally, I don't blame Peggy for being angry about SFMI and all the promises that haven't been met yet. She is a shareholder who is basically tired of being led around and the goods aren't being delivered.
Where is the 43 101? Drilling? BOD change? Bigger numbers in revenue?
Carmine posts, Allen Simon will be funding the project. AS is a shareholder and what else does he get in return?
Anton found a flaw in the 10K about the claims and addressed it with management as did myself. SFMI in return corrected the problem as stated in a recent PR. Imperial Whaz gave us a crash course on what does a claim mean.
Many of us are in between a rock and hard place. What should we do? Stay or go!!!
I have no choice to stay in SFMI/GHDC for the fact Allen Simon came on board and eased my anxiety of how SFMI is handling their shareholders.
We have 619 million shares outstanding. How much more dilution will occur? Don't forget GHDC shares outstanding..so we are looking at around 1 billion shares outstanding for both companies. Amazing on only 9000 shares, GHDC goes up nearly 13%.
I can relate to the pain Peggy must be going through...she lost respect for how PQ is treating his own shareholders.