SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Zappa Resources ZPA vancouver -- Ignore unavailable to you. Want to Upgrade?


To: Alan Whirlwind who wrote (2963)5/15/2002 9:33:25 AM
From: dean poets  Respond to of 3198
 
I received my annual report for ZPA yesterday. To sum it up, all Gerry writes about is sad excuses for missing on the Coalinga. Junior exploration is a risky business, and we missed. Laplata is worthless, so we have to sell it, so we can focus on the next project.

Albert Gerry is the biggest joke I've ever heard. He forgot to mention how much he liked sleeping with the boys from ORL. How little regaurd he has for ZPA shareholders, and all that good stuff.

He will have over $600,000 cash, and all he talks about is reverse splitting his shares. Dumb Fu%K.



To: Alan Whirlwind who wrote (2963)5/15/2002 6:48:48 PM
From: dean poets  Read Replies (1) | Respond to of 3198
 
Here is an excerpt from an E-mail I got today.

"I am a zappa shareholder. I seen on SI that you are as pissed of at the management as I am. I am wondering if you have or know of enough votes to make a difference at the AM. Since Albert Gerry has almost 2 million shares and will get some signed proxys it will take more than that to defeat any motion.

One thing to point out is it is not $US200,000 cash for La Plata. It is $50,000 and monthly payments of $12,500 for the next year. That drags things out and there is a risk of non payment or disagreements later and default. There may be other issues also.

I have a friend that would be interested and very well qualified to run the company. He has been an exploration manager for big companies and has lots of experience including in Ecuador. If there was enough support from shareholders like yourself he could put together a decient board of directors and do something with the company.

Let me know if you like and we can see what level of support we can muster."

The person wanted to remain anonymous. I don't have a problem with that. It appears that I am not alone in my discontentment for management.

Dean