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Posted: Monday Oct 27 10:51:27AM 2003
Thanks for the update ... still trying to decide if this is a buying opportunity or if I should be selling?
What are other folks doing?
Posted: Monday Oct 27 10:26:53AM 2003
I have received some third party feedback on Netco but nothing substantial. Apparently the resignation of Don Sharpe has to do with a change in direction for the business. No further details were available. Production numbers and drilling results were not updated. I hope to have more information later this week or early next week.
Posted: Friday Oct 24 11:08:42PM 2003
Haggar do you know is John Hislop still involved with NEI or has he walked as well?
Posted: Friday Oct 24 10:36:08AM 2003
Thanks Gee;When I saw QIS buy this I also bought.First time I did that,but looking over their past performance it sort of gives me faith in those guys.Thx again,Fordy
Posted: Friday Oct 24 10:25:17AM 2003
Donald Sharpe has resigned as president, secretary and director of Netco Energy.
RJ did some dumping, but they were also doing a lot of dumping last month @ 40 cents.
A bit of panic selling too I assume ... next Q results should tell the real story.
Posted: Friday Oct 24 9:34:36AM 2003
Very interesting.I bought in at .45.Downhill ever since.Anyone know why?
Posted: Thursday Oct 23 8:16:22AM 2003
I was definitely not expecting this turn of events. I am trying to figure out the cause and implications. I notice that Don Sharpe also resigned from his other companies GNI and NEGY. Perhaps health issues - I have no idea! If anyone else hears could they please post. Thank You!
Posted: Thursday Oct 23 6:42:53AM 2003
2003-10-23 05:12 ET - News Release
Mr. Chris Schultze reports
THE COMPANY ANNOUNCES THE RESIGNATION OF MR. DONALD SHARPE
Donald Sharpe has resigned as president, secretary and director of Netco Energy and its subsidiary effective Oct. 21, 2003. The company would like to thank Mr. Sharpe for his many years of service and wishes him much success in his future endeavours.
As a result of the forgoing, the board of directors has appointed Chris Schultze as president of the company and Michael Schoen as a director of the company.
Posted: Tuesday Oct 21 7:11:16PM 2003
Unfortunately I have left a number of messages with Don Sharpe but I have not received a return call. This typically turns me off immediately on a situation but the potential numbers for Netco look very appealing. I will not be adding further to my position until I get some confirmation from management.
By Tommy V
Posted: Tuesday Oct 21 4:41:39PM 2003
Hows it going Doren,
I was wondering if you came accross any new information on NEI. The reason I ask is that I noticed that you purchased some more at 46 cents.
Anything you could share would be appreciated.