Mesa Energy Holdings, Inc. (fka MSEH)

[biztech]

germanium123,

We are approaching the end of the month. Announcement of whether the deal is completed will come soon. I think they do the deal. I've seen some shaking loose of shares in AOIL. Large holders letting go of shares at lower prices to create more volume. Most likely, AOIL selling pressure builds once final announcement comes.

As it stands, MSEH is worth around .28/.29 when AOIL is sitting at .88/share--no bids close to that point indicates little optimism on anyone's part. Seems like MSEH's story has been extended to a point in the future due to lack of clarity on how/when drilling/funding operations will affect the bottom line.

I'm thinking funding after merger and drilling at least one well in MSEH's current properties prior to an attempt to uplist. A little costly, need more cash flow, IMO.