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Re: bboy521 post# 37965

Friday, 07/09/2010 1:43:25 AM

Friday, July 09, 2010 1:43:25 AM

Post# of 42520
I am with you here brother. I have been handled by 3 different penny fronts, and while it is my fault for believing the hype, it is also the SEC's fault for not handling some regulatory duties before the financial crisis. It is only now that they are hoping to clean house and finally make these companies disclose their financial positions. Until MGLG complies with full disclosure, they are worthless.

I am a business owner and entrepreneur; if anyone was trying to flex or squeeze on my business, I am going to be crying out, and pleading for the support of my shareholders. They still have all the photos of the wells and their projects up on their website, so why aren't they talking? That website may be the most damning piece of evidence in a trial.... POST SOME F#*(@&G assets or something MGLG.... give us something to work with.

My IRA manager told me quite up front that I need to get my information, and each of my buy sheets in order to send a statement to the Judge on this case now being pushed by the SEC (sucks that they weren't there a year and a half ago). This is clearly a late attempt by the SEC to investigate all of our complaints about this shell.

I blame both the SEC and Canadian lawyers (caps meant) that work these shells, as well as MGLG's current PR--hardly worthy of investor relations... do some research on this REP--because she is an oil, shell guru (caps meant). My only hope is that the CEO or the SEC will work this one out in OUR best interest. Right now it looks like the SEC is the only one doing the pushing.....

Cheers