Yeah. Sure Jack wants to "protect" his underlings. Questions:
1: Who IS Jack? Who ARE his associates? There was a lot of talk on the thread much earlier about how they had 200 years' experience in the oil biz. Combined, naturally. Maybe, we do know they're not young; Jack, I hear, retired in 1986 on a disability pension.
So. Do they/did they/will they ever will have a clue what they're doing/claiming to do/attempting or not attempting to do with MTEI?
2: Special for you, Brandy: you seem to have a direct line to Marc Tow. You were our initial, and subsequent source. I'd NEVER have got a line on him if you hadn't mentioned his name. What's his stance now? The rumour du jour is that he'd like his West Virginia property back. True? Makes sense, after all. Tow bought the 72 parcels in question in 1994. At that time, their assessed value was $4.7 million, or thereabouts. Market, $7-12 million, depending on your valuation model. NOTHING AT ALL, naturally, compared to the $200 million "asset value" claimed by MTEI in press releases, and in conversations with Jack reported on this thread.
Gee, no wonder the SEC's upset. Comments, anyone? |
