Magellan Energy, Ltd. (MGLG)

[mistaice]

Those old updates mean nothing coming from Bill Akrivos. He made a bunch of promises and the company just continued to decline. He left mglg to provide his "expertise" to alcoe energy. I should have seen those triple zeros comin' bk then. Why would Akrivos leave a promising oil company? Most of these small oil companies are all associated with each other in some kind of way. Remember MGLG has been around for a while it is no longer a start up in my eyes. It was trading much higher a few years ago based on presumptions and expectations. Seems like de ja vu. MGLG has been using the same excuse for a long time for not producing results. they r always waitin on somethin for things to happen. it's never their fault. Hopefully they come through but dwn here I've learned not expect much. GL