Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

MEG Energy Corp. is a Canada-based energy company focused on sustainable in-situ thermal oil production in the southern Athabasca region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the responsible economic recovery of oil, as well as lower carbon emissions. It transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.


TSX:MEG - Post by User

Bullboard Posts
Comment by Oldfart74on Jan 07, 2019 10:53am
161 Views
Post# 29194646

RE:RE:RE:HSE Minority Shareholder & Full Dislcosure - Caveat Emptor!

RE:RE:RE:HSE Minority Shareholder & Full Dislcosure - Caveat Emptor!LOL.  Scottie the great detective!  Tries to cast suspicion on HSE CFO position when prior CFO left HSE to join Cenovus.  Then he claims something unusual about Jeff Hart being acting CFO and no permanent CFO announced.  Complete nonsense since Hart was appointed CFO in November (one month earlier than Scottie’s post).  
Scottie99 wrote: I can see mrbb has come to MEG BB to downplay my caveat emptor messages on MEG BB, as a way to spin HSE. As usual, he always misses the point and I am afraid he keeps exposing himself as a paid poster of HSE on SH even though he has refused to publicly deny or confirm he is.

Yes, I joined SH on April 2016 with the Scottie99 handle but I was a read-only before then. Intriguingly, the 2015 AIF issued on February 2016 or so was my first posting on HSE BB and the content in that post is self-explanatory as detailed in the caveat emptor. I was trying to get answer to the mystery Contractor in that AIF and felt posters on HSE BB might know from crowd sourcing. mrbb missed the point in that since I posted that message on 2015 AIF compared to the content of the 2017 AIF in the caveat emptor, the company has disclosed they are under regulatory investigations. They did not specifically disclose which Regulators, but I know for certain that SEC is among them. You can take that to the bank!

Why? Because contrary to the spin that mrbb tried to pull here, I figured out eventually who the mystery Contractor is and what those claims were about. The 2017 AIF essentially forced the company to make the disclosure, so I did not bother to share the information on HSE BB. I believe the company know that I know and the Regulators know that I know. BTW, the company and the Regulators knows about Scottie99 and my postings about HSE because some posters forwarded my postings to their attention. Neither the company nor the Regulators responded to them from what I gathered. Isn't it interesting that the company has not refuted any of my postings since they are very serious allegations? They had chosen to remain silent intially and released partial disclosure of recent instead, if they want the investing public to believe my specific information about SEC is false, which is weird. That is the point mrbb has missed in his posting.

FYI, CFO Mackenzie left Husky earlier this year and there has been no announcement of his replacement (only acting CFO), which is strange. They have lost 2 substantive CFOs within 3 years since 2015 and they have not replaced the last one since February (The CFOs are usually in the frontline when it comes to accounting fraud investigations either to clear their names or recuse). Glad mrbb mentioned TBE. Isn't it interesting that the company went into receivership because the BoD did not giive full disclosure to the investing public to let them know what is going on and became too late for shareholders to realise they have been robbed?

Isn't it the same symptom that I am trying to raise awareness about HSE and mrbb instead try to shift attention from the message to the messenger. Interestingly, I don't see MEG shareholders buying what he is posting here (because TD Securities have started making house calls for HSE) and can read between the lines, even as he try to convince himself of a few following he had HSE BB for over 10 years or so, spinning the stock over time with any skimpy news releases. I wonder how much he is paid if he can confirm he is a paid poster but I am not holding my breath!

mrbb wrote:

 

Scottie99 wrote: As an HSE minority shareholder, it all started with the posting below based on the information disclosed in the company 2015 AIF under Legal Proceedings.


scottie join stockhouse in april 2016 and first thing he asked on HSE board is about SEC investigation on husky regarding accounting and reserves fraud. One old trick to spread a rumor is to pretend to ask questions about the rumor he want to spread from husky shareholders. So far, he's still biting on the alleged 2015 SEC investigation on fraud. It has been 3 years, surely if SEC found something, SEC would have announce something or press charge by now.

 

Sure husky has some safety/environmental incidents since then but which oilsand/offshore operator doesn't? Scottie99 been bashing HSE since his first post on HSE board although he claim to be a HSE shareholder.  He is very negative on HSE but he wouldn't sell his HSE shares. He is the village idi0t on HSE board. He also make fun of some HSE board members posting on MEG board to influence MEG shareholders but look he is doing it too. Can you say 'hyprocrite'? 

 

Scottie99 also lost a bundle on twin butte bankruptcy even though he claim to do excellent due diligence as he like to read sedar and annual reports and talk to all his contacts.  He also claim he has insider info on husky but somehow he like to quote from sedar and company PR.





Bullboard Posts