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Re: THEASSASSIN post# 41330

Monday, 03/13/2017 3:58:02 PM

Monday, March 13, 2017 3:58:02 PM

Post# of 42518
If you back in the history a several years ago, you will see that the cusp was hijacked by a couple fraudsters I'm Canada. The investigations went on for years with both the Canadians and the USA. It finally ended up in a US court. Magellan was absolved of any wrong doing and the thieves were ordered to pay millions in restitution. Unfortunately, the owners of the cusp MGLG abandoned it as far as I know. It is registered in Delaware so some loophole I don't understand does not require delisting.

I have always had the hope that the original owners would reclaim it, do the necessary paperwork and fines and get things going again. As far as I know the oil and gas leases are still out there. Not a great climate to be pumping right now though.

I have 12 million reasons I have been waiting. Maybe I will go back through my history and see if I can find the story again.