Ann: Advent Energy - PEP 11 Term Sheet for Farmin, page-3

PEP 11 Farm In
All Goh Hock appears to have achieved since dispensing of the services of David Breeze just over 12 months ago is dilute the share value of MEC. Place people known to him on the board of Advent, Greg Channon was one who was invited.
I  have held shares  in the company since 2006. After the AGM last year he promised to add value to MEC Resources by way of capital raising for the benefit of shareholders.
Now we see our Chairman trying trying to propose  a farm in of 60% interest in Pep 11 to RL Energy which has a paid up capital of $100.00. RL Energy was only  formed in Jan 2017, this was 6 months before Greg Channon joined the Advent board. The  chairman of RL Energy who happens to be Greg Channon resigned from the board of Advent  six days ago( 29^th Nov 2017).

Since RL Energy put the offer on the table, Greg Channon said he recused himself from all discussions regarding Pep 11.

Hopefully ASX will investigate the background surrounding this proposal, and act on this for the benefit of all shareholders.

Todays release by Goh Hock refers to a fresh, technically capable and financially backed team – who are these people? It would be great to know who he is referring too
Concerned  Shareholder