Victoria Oil & Gas Forum

Is Chairman Foo cheating the shareholders, with his massive self empowered,salary, bonuses, and royalties? Not to mention Mannheim etc.

Foo and the BOD are taking the Mick. They are taking higher salaries than the Prime Minister.

What Foo is doing, seems like legalised embezzling.

VOG won't pay dividends until we have a CEO and BOD with a conscience.

Foo won't relinquish his grip on VOG as long as the shareholders allow him free access to plunder the till.

Foo really knows how to milk VOG.

VOG Operations Outlook 2016 was well wrapped in shiny paper. A juicy morsel some might say. Please don't misunderstand me. VOG, in the absence of Armageddon, will be a survivor, and might in capable hands, prosper. My preference, however, is for transparent profit and loss accounts, even projected ones, to accompany updates and outlooks. I would expect remunerations, amortisations, and expenditure to be given equal weighting to income, in a very timely manner. The market could then run this stock to Pluto.

Foo and the BOD have got the shareholders stitched up all ways, excessive salaries, bonuses, royalties, and cheap shares to facilitate shorting.

Another fake interview scripted by Foo's writers.

In the absence of the Board of VOG running amok or total capitulation of the Stock Market, I think VOG has plumbed the depths. Accordingly, VOG is ripe for harvest, and could be a candidate for predators soon. CEO Foo is still not exonerated for his late publishing of operational updates with numbers to back it up. This is not the industry norm.