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Message: Re: Owned this stock

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Re: Owned this stock

posted on Sep 25, 2008 06:08AM

Fish et al,

As I try to do with all volatile juniors, after trading in and out last year, I would up with few hundred thousand zero basis stocks in MEO. I risked my money on the initial investment and they did cost me effort and stress during the due diligence invested in studying the right times to buy and sell. They are the fruits of my labor and my willingness to risk capital.

Just a few months ago, they were worth more than 20 cents each. In my opinion MEO management has frittered away more than three fourths of their value and neglected shareholder rights to advise material events to boot. As long as they continue to do so, I shall divulge and disclose my dissatisfaction with what appears to be their incompetence or dishonesty. I refuse to stick my head in the sand and verbally caress MEO management like the pussies on Pinnacle habitually do. I may have misplaced my trust in MEO management, I do not want to learn of a single other investor who has fallen for their unmet promises about "elephants" and tapping into massive blow-outs.

If they turn over a new leaf and advise us honestly about why they are failing to add shareholder value, I will accept our mutual loss as one of the risks of investing. Better still, if they pull a rabbit out of their hat or their derriere and start building shareholder value, my delight will be endless and I will congratulate and thank them.


Sep 25, 2008 07:43AM
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