Magellan Energy, Ltd. (MGLG)

[doinit]

MGLG,THIS PARAGRAPH RAISES QUESTIONS !!!!!!!!

The Commission temporarily suspended trading in the securities of the 17 companies because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning their status as publicly-traded companies. Specifically, certain persons appear to have either: 1) usurped the identity of defunct or inactive publicly traded corporations, initially by incorporating new entities using the same names as each of the defunct entities, or 2) reinstated defunct publicly traded corporations without authorization.

After the halt we'll find out soon enough !!! if it was trading without s.e.c's authorization they'll leave the 15c211 alone as filing that leaves them open to actions by sec for illegal status !!! now me , if they file that 15c211, then I'm loading the boat !!! we wait , PATIENCE , PATIENCE , PATIENCE !!!!!!!!!!