News: 88E 88 Energy Says Applications For New Shares Raises $3.6 Million In Rights Issue, page-29

Spin,
No winner chicken dinner here.
The results shows that most Shareholders don’t trust DAVE and the board. Some of us have stayed true to the course however most are judging the Board hard from IW2 poor result followed by Ann announcements that have been too contrived and too cute.
Sure Boards have to be effective with announcements in prospecting businesses that need to raise capital but ‘old dogs’ and pups have read these guys like a book. In my opinion.
Now they have snookered themselves and we loyal people are just Going to have to sit this out.
Perhaps they should sell the acerage and we all get out of jail.
Do you take a pay cut from 88e. LOL