- July 24, 2013 - 12:35
The new management are the IDIOTS here!! What the hell?! They put out a press release saying THEY are changing "accounting policy", policy that had been FULLY DISCLOSED and agree to by the previous auditors, as they say themselves?! WHY? There is money in the company and the Black Spruce deal means not much money needs to be spent. The reason seems to be that new management want to take more money FOR THEMSELVES out of the company, and this whole press release appears to be a massive breach of trust by new management!
- July 23, 2013 - 20:39
If Shoal Point Energy cannot manage itself financially, I think its in the best interest for its parent company, Canadian Imperial Venture, to seize control over the company and sell its assets. That way, it will protect Canadian Imperial Venture from being dragged down.
- July 24, 2013 - 11:49
Yes, we wouldn't want CIVC to get itself into financial trouble.....bwa ha ha ha ha! Let's preserve the pristine Balance Sheet of that other, Blue Chip juggernaut! Bwaa ha ha ha ha.......