RESIGNATION OF DIRECTOR
Central Petroleum Limited (“Company” or “Central”) today announced that Mr Martin Kriewaldt
has resigned from the Board of Central Petroleum Limited and all its subsidiaries effective
immediately. The Board has selected Mr Wrix Gasteen to serve as Interim Chairman while it
undertakes a process to consider a new Director and to select Central’s Chairman.
The Board thanks Martin for the tireless effort and dedication he has shown in his capacity as
Chairman during a period of significant change at the Company. Central wishes him all the
best in his future endeavours.
The Board reassures shareholders that with the appointment of long-standing Central
Director, Wrix Gasteen as Interim Chairman, the Company’s priorities, strategies and
stakeholder relations will be unaffected during this process.
Central Petroleum’s CEO and MD, Mr Leon Devaney, commented “The Executive
Management Team remain focussed on continuing to execute the strategy and maintaining
the strong momentum the Company has generated over the past 12 months."
courtesy of Bell Direct
( DYOR )
the song remains the same ???
Old Mr No Comment supporters up and centre please .... Wheels are slowly coming off the billy cart. There is a scam in progress. This guy saw the writing on the wall and likely big fights internally and quite. Mr No Comment people put to the front of the billy cart temporarily...Mr Leon is the Proxy for Mr No Comment. This is all live action and some are getting nervous....as they should be...
This is a gang running the Company. People are there for a reason. To follow what they are told and conform to Mr No Comments back room manipulations or get out. The intensity of infighting must be getting big. Something is a foot and likely another manipulated takeover organized with brokers involved and share holders will again have the opportunity to tell the Mr No Comment associated Board to FO once again.
I have experienced even this type of director manipulation from behind the scenes and fought the bastards at the front lines in directors meetings. This is just the beginning of more heated moments and wild eyed confusion amongst directors wondering whether they can go to jail for breach of fiduciary duties when they are not the ones to significantly benefit from the scam going on
Yes if I was Martin Kriewaldt ....I would be trying as fast as I could to protect myself and put the blame where the blame is due. I am quite sure he is being threatened with just hot air and nothing to be afraid of from within Board and by Mr No Comment ...but needs to protect himself legally fast at ASIC with everything if he knows what is good for him...
If I was a proxy for Mr No Comment on this Board, I would be significantly concerned that the Bozo is going to FU everything AGAIN.... like he always does and this time it’s the board that will take the brunt of the heat initially BECAUSE Mr No Comment is not on it....dummies....they were set up too but didn’t realize it. Amazing what some dollars can make people do....
Big laugh :
“The Board reassures shareholders that with the appointment of long-standing Central Director, Wrix Gasteen as Interim Chairman, the Company’s priorities, strategies and stakeholder relations will be unaffected during this process.”
Long standing yes man for Mr No Comment they mean and companies priorities strategies not affected ....hahaha ....they mean Mr No Comments priorities and strategies....