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Message: Re: Where's the NR.
2
Jul 05, 2008 06:35AM

Bing, if shareholders knew what this reduction or elimination amounted to, then we might think it was a good deal.

(MEO says both a reduction and an elimination in their statements, so we don't know which it is.)

Mgmt has been deceptive and worse in regards to the information released about

  • JB#1 - the open hole logs, the testing, the stimulation, the testing, flow rates of the oil flowing from Copper Ridge @ 3,600', etc.
  • JB#2 - flow tests, and what the last $4 million was spent on.
  • JB#3,4 & 5 - what is happening now?
  • JB#6 - has drilling started for that one yet?
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