Tirekicker -

Interesting analysis. If I read it right, MEO is in the process of either reducing their share dilution or raising capital directly to further their projects.

Either outcome is good for the shareholders. Now, we just have to be patient while this clump of warrants (many pre-BC) either expire or are exercised. Then the SP can move because the on-going supply of shares @ .20 will be gone.

Thanks for the explanation. Your knowledge of themachinations of market adds greatly to our discussion.

- Pananamax