"Ancient history" I know, but history is what poin
Post# of 43066
Posted On: 03/22/2016 11:06:15 AM
"Ancient history" I know, but history is what points to current CEO, Mr. Heddle, being highly dishonest. Back in January 2014, right in the middle of the time when the plant was kaput and investors weren't to be told for another five or six months, Mr. Heddle announced cost cutting measures to save the company money...but said that cost reductions would not include the jobs of core employees engaged in fuel production or processor sales.
Wouldn't that have been a great time for Mr. Heddle to add a sentence like, "Oh, by the way, the plant recently went kaput and we don't have any plans to fix it so those core employees in fuel production whose jobs we're sparing will be sitting on their hands for the foreseeable future." ??
Other 8-k's were also put out during the first half of 2014...but not a peep about the plant being unable to operate.
So Mr. Heddle didn't just forget to communicate to shareholders--he made a conscious effort to defraud investors by withholding that highly material information about the entire plant's operations being out of commission.
Wouldn't that have been a great time for Mr. Heddle to add a sentence like, "Oh, by the way, the plant recently went kaput and we don't have any plans to fix it so those core employees in fuel production whose jobs we're sparing will be sitting on their hands for the foreseeable future." ??
Other 8-k's were also put out during the first half of 2014...but not a peep about the plant being unable to operate.
So Mr. Heddle didn't just forget to communicate to shareholders--he made a conscious effort to defraud investors by withholding that highly material information about the entire plant's operations being out of commission.
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