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Message: Panamax

Telemax,

What landfill did you scavenge your assertions from – if your claims are true, why haven’t they been clearly and honestly disclosed to the public by this PUBLIC COMPANY ?

“Bill Cawker just came in to try and straighten out an existing mess, he never was an Oil & Gas Guy in the first place...” Why bring a “non oil & gas guy in to straighten out a mess in an oil & gas company ?

“the unfortunate thing which occurred was they were promised funds raised by P.P.....which P.P. re-allocated to a diamond-kimberlite deal at Arctic Star...” so you believe that the former CEO and BOD member was a liar who “re-allocated” funds that were contractually committed to MEO ? MEO sued Nabors and Pennine etc. so why didn’t they take some action against P.P? Oh yeah, PP brought Cawker in and they were pretty cosy.

“The "loss circulation" zone in MorganCounty threw the costs through the roof.” If this is true why wasn’t the cost over-run clearly and honestly disclosed in a communication to shareholders to this day?

“Right now, Montello's future lies with Pincher Creek for the time being....this situation of getting a well tied on is completely abrogated by a Partner's inability to talk with the Landowners, as the Landowners don't like the "would-be" 'Operator' (GNZ).” You assert that MEOo is dealing with (yet another) untrustworthy partner. Management of MEO chose their partners who include AUL (defunct), Blackrock (insolvent and disappeared from view), Pennine (sued), Park Place (bankrupt) – way to go MEO - great management skills – show me ONE (1) partner whom they selected who HAS added a skerrick of value to the enterprise – just ONE (1)?

“To my mind, it has been unfair what Calgarian and mergatroyd threw at Cawker and Peter Brown” – ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? - Only their brother-in-law Bubba would say so.

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