Ann: September 2013 Quarterly Report , page-10

High impact as was suggested last year has proven to be pure fiction. High impact was supposed to be 250 BOPD. But many months ago MAD started calling 50-75 BOPD to try and conjure up high impact as being a success. But 50-75 BOPD is not high impact they are just excellent fairway wells.

Several of the first 20 fairway wells drilled back in 2011 flowed more than 50 BOPD.

As for Gulf South this deal is dead. It was always a stupid concept and was only every to get one or two rounds of funding at most

Have to wonder why the production graph is gone. I presume MAD have had a steep drop in production in Oct and dont want to disclose this particularly when they pumped up expectation in the Oct 1 announcement

Another quarter gone another 5M burnt. Nothing in this report to get me to change my view. MAD is just a very average company and shareholder have had a very lucky run up in price recently on the back of the new CEO.

I hope some of you sold into this oportunity