mog locked shares, page-5

I stand corrected re the loan facility.

Of note, petroleum creek limited (PCL) is a classic example of the board looking after each other - mog lent pcl $2m (see bottom of p.18).

the salaries these turkeys are paying each other are outrageous - mog's board needs meo's $9m to keep paying themselves...

there are 20 million mog locked shares that will become salable to both the chairman (barr) and one of the directors from 20 March 2015 - i.e. in about 8 weeks time.  of note, 20 million mog shares equates, according to mog's latest offer, to 200 million meo shares or circa 25% of meo's issue shares)!!! What a joke.

Adl