Champagne2, I don't believe that messes of the past are still an issue. That's just a wornout tale that Bill likes to run on about as he's patting himself on the back, and taking the discussion off in other directions. MEO has moved on. Lots of shares issued, lots of talented people brought in.

There is no indication of any problems with partners coming up with cash. All MEO would have to do is a proper NR and they'd have no problem raising all the cash that's needed. Produce 238 bbls of oil per day for a month, and they have $1 million in the bank. Then there's no reason to sell more shares.

Not extending old warrants has always sounded like getting back at those who made the old mess. I don't disagree with that.