6 weeks since the rif and 6 weeks since our last paycheck At least we got entertained by another set of rambling excuses from hanz He sounds like hes running out of them But we know that the bond will close the end of the month just like hanz said it... — read more
our chairman and cfo
examples of why investment bankers shouldnt run companys or try to manage and inspire people. the sliver lining for us is theyve lost millions and wasted three years of there life
houston
uncertain future for houston office. only 4 employees with 2 geos. what sort of geophyiscal service co has only 2 technical staffers in houston?
Pleasanton office
Dont see a pleasanton office in 2018 If jon and hands get there bond then hq moves to london closer to jon and richie and the oligarchs and the shieks If no bond then pleasanton and all offices close
Compensation
Base salary with no performance or cost of living increases in 3+ years Salary paid at discretion of cfo and chairman be prepared to go 2+ months without a paycheck No bonus as targets set at unachievable levels No equity grants as chairman doesnt... — read more
Bigger Scam Terralliance or Neos?
And the nominees for worst supporting actor in a geophysical scam are Johnny Fameman executive chairman and acting ceo @ neos Erland Olsen convicted felon and former ceo @ terralliance Paul Frame convicted felon and former ceo @ seitel
Times seem bleak
After the July layoffs the offices are like graveyards, upper management are hiding and continuous lies about payroll. The company has been ran into the ground...very sad.
July layoffs
Majority of technical team was laid off in july only skeleton team exists. WORD IS even the few employees that are left have not been paid in 2 pay cycles sincethe big layoff. GONNA be real hard to run an E&P with no technical team and few that are... — read more
dishonest management
Company is in severe financial distress and frequently misses payroll as well as many other financial obligations. Current employees very worried about financial stability and future of company.
Hiding bad news
Web site missing recent press releases, management bios, customer testimonials, project successes Failure to close cgg acquisition never acknowledged
Tough times
few projects - no one needs more oil in this market payroll frequently delayed vendors not paid extended fundraising effort with no takers staff resigning big rif in early july goldman banker-grocer calling the shots survival in doubt