Magellan Energy, Ltd. (MGLG)

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It would be a total waste of money for anyone to return to this severely damaged shell with a tainted corporate history. They can buy a clean Nevada shell for about a 10th or 20th of the cost of attempting to clean up this MGLG shell - WHICH HAS NO GUARANTEE OF SUCCESS AT THE END! No one will ever waste the money on MGLG. They would be total fools to even try. Why bother? That is why MGLG has been a dead abandoned shell for 5 years now. It is dead, PERMANENTLY

Not so. With the amount of money they were awarded, much can be done and I have read where other companies went ahead and did it. So, could be some great news ahead some time in the future. Read around, hijacked shells, some of them, have options. Someone affiliated with this company was awarded some HUGE AMOUNTS of money waaaayyyyyy more than enough to clean this up.