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Message: As I see it.

As I see it.

posted on Aug 18, 2008 11:41PM

We've been conned, probably lied to, and led down the rosy path to the point where the shares have been so diluted, we'll probably never see daylight. The company has done nothing but pay themselves, grant stock options(at lower and lower prices), and take on insolvent partners who they then blame for all their problems. They haven't released a single verifiable result - just more excuseds; delaying the inevitable. They have shown a total disregard to the shareholders as they've run the company into the ground. Those of you who still believe in a $5.00 sp are deluded. My most optimistic hope is that it will reach 18 cents, and I'm not holding my breath. In the 19 months that I've held this stock, the management has lost all credibility. They should be barred from ever being involved in another publicly traded company. My sorriest investment decision of the past 9 years is MEO. They've set me back at least 5 years, maybe more. I wish I believed in hell, so I could at least hope they'd rot there.

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