Magellan Energy, Ltd. (MGLG)

[space1230]

Nothing AT ALL is happening with MGLG. The only reason why it is trading is because the sec did not have the capability of revoking the shares after it was suspended WAY BACK in 2009. MGLG was never an sec filer, that's why. This tainted shell is about as dead as you can find. It's corporate history is a ransacked mess with hijacking. No one legally owns it. It's merely a dormant shell of a shell that sits on a shell with no title on it. The mm's are free to trade it. Mm's do not buy it and keep a market with these greys, so it costs them nothing (ie: no bid or ask to publish and clear at the end of the trading days). They have nothing to cover with these shares. This is just random shareholders running a muck trading 30 billion shares back and forth.

Time will tell you nothing. It's been nearly 5 years already. This shell is long abandoned and dead. It has no value whatsoever. Sorry, just the way it is. Not my rules, THE SEC's !!!!!

Peeps can still buy this, sell this.
Huh?
Something must be happening. No other way to explain it. I'm not saying something GREAT will or
may be happening. But since they continue to let this trade, that tells me something def is happening.
Time will tell. It always does