Meren Energy Inc (MRNFF)

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Would you accept 100% dilution for a 100% increase in your shares' value ??

Would you accept 50% dilution for a 50% gain in your share price ??

Would you accept 18% dilution for a 18% increase in your share value ??

I certainly would. In fact, I would suggest this strategy anytime.

Already, we have received about a 15% increase in our shares' value for an 18% dilution. Thus, knowing that both Keith Hill and Lucas Lundin are heavily invested in AOI, I applaud them for executing this strategy and accepting the PP.

Remember, the drill results on Ekales were good, yet the share price only went up a little and then turned south. We were languishing in the sevens and losing momentum, from a share value viewpoint.

Had we not accepted the PP, future favorable near term results on prospects such as Tutile, Agete, and Amosing would go down the drain.

So,I liked how they played it. I liked how they decisively set AOI on the front of the stage, and set up AOI to run up significantly with upcoming favorable drill results. Good for them, good for us.

Also, add in the fact we will be depositing $450 M USD in our account ( fully subscribed ) to cover all our financial obligations until we say Happy New Year on 01/01/15.

JMO

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