it is because of that history that MEO should show potential and current investors something tangible,,,deliver on what they have already started,,,get some production and revenue,,,then look at a rollback for "future" projects,,,imo shareholders would be more acceptable of a rollback if MEO was to complete what they already have started,,,

a look at the results of a recent rollback for AIG,,,

"AIG shares plummeted 27.6% to $9.48 today after a Citigroup analyst said the value of the troubled insurer's equity may fall to zero. The stock has fallen more than 50% since its 1-for-20 reverse stock split on July 1."

does anyone think a MEO rollback at this time would fare any better?