Mesa Offshore Trust (fka MOSH)

[boxsterX]

MikeWhite, it is interesting to see you reappear at this point after so long.

Re: "3) Why do I bring this up? Well the proposed sale of the partnership and its assets will carve out the MOSH LP claims. So it looks like the MOSH TRUST will lose these claims. This is probably what PXD, JPM and Woodside would like as they will limit their liability exposure to less unit holders (only those in the suit). I am sure MOSH LP would not mind either except for the fact any fire sale prices the Partnerships interest sells for will be used by PXD against MOSH LP to discredit they $1.2B claim."


Please explain exactly how the sale of the leasehold interests will (a) cause a sale of the partnership itself; (b) "carve out the MOSH LP claims"; or (c) limit their liability exposure to less unit holders.

Your post seems to be a rehash of your previously expressed position, and that of a few others, that in some manner the revovery or settlement (if any) will be limited to less than all of the unit holders, whether by date of acquisition of one's units or by some other criteria. It has been noted that the Judge previously rejected a proposed settlement that provided benefits to less than all of the unitholders. What is the basis of your current post indicating (again) that the outcome will not be shared by all unitholders. This is a very important point, and you should explain your position, or acknowledge you have no specific support or basis for your statement. This is especially true, due to your prior history of "yelling fire in a crowded theatre".