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To: Kobido who wrote (111625)12/5/2012 1:12:27 AM
From: KobidoRead Replies (1) of 118717
 
There is a GEM (Gary Evans Moment) at 20:56 of the Capital One conference webcast where he says: "I'm trying to build something without diluting the common shareholder. Well, we have accomplished that now."

Oh, I'm going to have that laminated.

But if he really wants to do something in the spirit of good corporate governance, he should have a rights offering to MHR shareholders for those Eureka Hunter common units on the same terms he bought them. Otherwise he just has the unseemly air of poster boy Aubrey McClendon at Chesapeake.

A great time to bring this up would be at the next Biannual Meeting.
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