Mesa Offshore Trust (fka MOSH)

[GO MOSH]

Well the Feb. monthly 8-K royalty announcement is out and details nothing of why the scheduled first disbursement is $3 million short. Mike Ulrich needs to have a barrage of questions/complaints fired at him, so Balls,jetsfan, steady_t et al, please get with it, because unitholders are supposed to be informed of all "material events" under SEC rules.

http://finance.yahoo.com/news/Mesa-Offshore-Trust-Announces-bw-3252999802.html?x=0&.v=1

But, at least they got the month's W. Delta royalty income close to right for a change after pxd took out their 10% as "Managing General Partner"(sic) of our Trust.

Posted by: GO MOSH Date: Friday, February 19, 2010 1:13:48 PM
In reply to: jetsfan2009 who wrote msg# 26952 Post # of 26991

jetsfan, you know, when I calculated 15.8 cents following the late Jan. monthly 8-K, those numbers given to us pointed to that amount. I expect the February announcement early next week, and it SHOULD give us the numbers we don't have yet. I had said that every one penny deviation from 15.8 equaled $719,802.

Since the only unknowns in those calculations were the usual 40k per month ongoing average past trust expenses, and some other atypical wind-up expenses, it doesn't make sense to come up $3 million short.