Sunseeker -

Let mee see if I get this straight.

MEO is a dog and is going nowhere. The management is incompetent.

The management is so incompetent that they just spent $80,000 (my estimate) of their own money to buy shares of the company in a PP (at more than the current market value) and also received warrants that are only exercisible at more than 3 times the current market value. They must be crazy.

They are so crazy that they are trying to help fund the completion of the higher pay zones in JB#2 and are so confident of the outcome (and the pay-off) that they are willing to invest their own money. If I recall correctly, that money hasn't come to them as a salary from MEO but from other sources (perhaps even from the sale of shares of MEO). Talk about being out of touch with reality.

What do they know? They just happen to be onsite, evaluating data and talking with field personnel and are probably just confused by all that information.

I'm glad that we have people here who have the real knowledge about MEO and its prospects and they are so very happy to share it with us.

- Panamax