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Engineering, procurement, construction & management of crude oil refineries.

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Message: If........
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Jul 02, 2009 06:02PM

Jul 02, 2009 06:31PM
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Jul 02, 2009 06:41PM
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Jul 02, 2009 06:47PM
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Jul 02, 2009 06:57PM

For some months, I have been questioning the logic behind a sovereign country dealing with a poorly administered public company that was suspended because it couldn't stay in compliance.

Roy's idea may just have tied it together from a business point of view. Of course, the next big question, assuming (oops there's that bad word again) that MF can keep the filings in compliance, is whether or not there are market makers in key positions available AND willing to move this stock.

I am cautiously optimistic that we will be trading before too long. And if any of the news releases are credible, perhaps we will see activity other than long time shareholders dumping their stock. My people are waiting to see if value appears; they have already written off the stock so they are in no hurry to dump.

We still don't have the confidence that MF can stay in compliance. That's something he will have to prove to us shareholders. If he can't keep this relatively simple task going, it matters not what News Releases come out because you can only cry 'wolf' so many times before you get devoured.

Roy, thanks for your comments. I hope that MF realizes what a screw-up he has been to date, and toes the line going forward.

Whattamaroon I still am.

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Jul 03, 2009 01:19PM
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