Re: Cal - Get Real
posted on
Jul 05, 2008 11:19AM
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fish1031,
Wait? You wait, I've waited long enough. 7 months ago we were told wait until after the holidays, but within 30 days, we would be told the results of the drilling, logs, etc of JB#2. We still wait-nothing. That's long enough for me. I've been investing for 41 years, and I've not witnessed anything that remotely compares to this.
7/15 I start my legal process for the truth. Why 7/15? I wanted to start this several months ago, but when I heard that at the AGM, in front of several members of the board of directors(so they are all party to it), that shareholders would be treated to a NR with "material" information(Websters defines material information as essential information) on all the drilling results etc. by a time frame which brought us to mid June or 6/15. In the name of being patient, I thought I'd give them 30 extra days. After some legal investigating by my attorney suggests leaving Canadian authorities for step two.
Even though MEO is a Canadian company, when MEO applied for a listing on a US exchange they became subject to all US securities law. That is where my search for the truth will begin on 7/15. A investigation will be the only result accepted(not a prosecution, badabing). If it turns out that MEO management has done nothing wrong, fine. If they have, we will demand they be held accountable.
It's gone far enough! I've talked enough. It's time to do something about it.