"It looks like Bob Moriarty can and is willing to back up his statements."
Ralph.....Moriarty didn't back up jack. He got a well deserved criticism for writing an article full of misstatements. That is a flat out fact. He shows a propensity for this by the way. In his response which you posted he says........"The writer obviously has an agenda which he has failed to identify. What is he trying to prove? He works for WEX and has failed to identify himself."
Moriarty says that I work for WEX.V. He didn't suggest it as a possibility, or even a probability. He says flat out that I work for WEX.V. It is irresponsible misstatements like that which pepper his article and also his response which you posted. By the way, he still doesn't even know how to spell the CEO's name. Apparently he got tired of misspelling his last name (although he does so once more in his response), so now he has resorted to misspelling the CEO's first name. As for who "obviously has an agenda", clearly the answer is Moriarty. Myself, I'm just a very small investor, period. Moriarty, on the other hand, in both his article and his response, is very clearly pushing for Brant to be replaced. That in anybody's book is an agenda. As for the history of WEX.V, Brant and GPXM......Moriarty has a lot to say, casting aspersions left and right. He admittedly was partly involved. He also keeps referring to money Brant was offered in December, yet turned down. Was that from the takeover group? Moriarty is very vague on that and does not explain. Others, by the way, who have communicated with GPXM have said the terms of the 60/40 split are legally binding. And the last time I checked, a 60/40 split is pretty good for the passive partner. Many operators of JVs get a 70/30 split or more. As for the NSR, buyout terms are already determined when the NSRs were agreed to, not years later, after the fact. WEX.V can buyout the NSR today, next week, next month, whenever they want. Let me wrap up with one last example of Moriarty at work.........in the article he says "Brant refuses to raise the money to buy it (the NSR) out in the very real fear of disgruntled shareholders tossing him out of office on his bum." This is the height of idiocy. The shareholders would like to get rid of the NSR. Yet Moriarty says they would want to get rid of Brant for doing exactly what they want??? That's so stupid I can't believe Moriarty even considered writing that. Let's be very clear here......................there are certain people who see WEX.V as a fantastic cash cow. And they want to grab control of that fantastic cash cow. Regardless of anything I say or don't say, that is exactly what is going on here, make no mistake about that. Do I have to spell it out for you Ralph? |
