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Microcap & Penny Stocks : MOSH ... Bargain Oil Penny

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To: dale velkovitz who wrote (13)12/27/2007 6:08:13 PM
From: volens prosequi   of 14
 
You guys really need to go to this site.

mosh-info.byethost32.com

it explains a lot of the background / historical info about mosh you'll need to make an informed decision. there's also a lot of chat at finance.yahoo.com under the symbol mosh.ob

I'll tell you this much, someone at pxd checks the above mosh site almost every day and they have been since it's inception. i wonder what they're worried about if they're so innocent as they claim? :)

innocent my %$#. they hit a barnburner of a well on a mosh lease and have been trying to cover it up until the trust dies from lack of royalty funds that are controlled by guess who?

Righto! Funds and all "working interest" stuff are controlled by pxd who owns exactly 0.1% of the trust assets. repeat: i said 1/10 of 1% although pxd does get 10% of the revenues from whatever they drill and O&G they find. it's actually kind of a cruddy deal for them but that's the way t. boone set it up. he was trying to give value to his mesa shareholders.

next - follow the links to the harris county courthouse filings. all this is publc info so i'm in a very safe harbor.
i wouldn't spend a lot of time reading all the filings and motions because your head will start spinning.

the readers digest version is that the trustee and working partner, pxd, have been repeatedly boning the trust and unitholders ever since parker and parsley merged with mesa and kicked t. boone to the curb. well, that's just not how tbp envisioned all this.

if you want the real skinny, buy a few shares of pxd and attend a shareholders meeting. you won't be impressed by the management, the board, or the company's performance. they are all sub-performers with or without mosh.

better yet, look at the insider stock options and how they get exercised. management (JOKE!! BIG JOKE to give them that title...) have been raping and pillaging the company for a decade and the pxd shareholders don't seem to give a damn. huh? It's an underperforming company with assets that could potentially yield huge returns if it weren't for larry, curly and moe at the helm.

if the mosh lawyers are worth two cents they should be able to tell this story to a texas jury and execute pxd within minutes. if pxd the leaders had any brains at all they'd be working on a settlement.

Big reason # 1: Woodside who drilled the big find announced the find in Australia. PXD said nothing here in the states deciding to wait several months to leak anything. They buried the reported find as deeply as they could in a quarterly report. Does anyone see what just happened here other than me and few other folks who HATE Pxd for being the intended thieves they are? Woodside did the right thing. Pxd acted like a rat.

i'd tell you more but that would topple the apple cart...

bb king - hope this makes you happy bud. all future rants from the prose will come from the yahoo and mosh site. too much to monitor as is.

peace, out.
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