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Message: MEO's future looking brighter

MEO's future looking brighter

posted on Jul 07, 2009 06:52AM

it appears MEO's future is starting to look a lot brighter,,,

$110k cdn from Mulligan

$240k usd from TN - to be used to recomplete existing oil well, possible to do more than just the 1 well? maybe if all involved are ready, willing and able?

Funds to build the pipeline at Pincher were set aside before the above monies were received,,,expected revenues after completion $50k-$100k monthly,,,this info from the PP presentation on MEO's website,,,

concentrate on completing what MEO currently has and generating revenue,,, look at a rollback and larger equity financing when Pincher and MH#3 have stabilized and are generating revenue,,,and yes eventually it will be necessary,,,but show potential investors and shareholders something tangible first,,,after how many years???

jmho and glta

SunSeeker

5
Jul 10, 2009 12:18PM
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