This statement in the report shows that the Archaeological community is behind it:
"Although we are self-admitted capitalists, something strikes us as socially lacking with the concept of digging up tragic historical national graveyards to sell the heirlooms to the highest bidder"
All very sad that they have to stoop so low.
The "archaeological community" is not behind this bundle of baloney.
Meson Capital, LLC, the company issuing the report, is a hedge fund outfit. They are "short sellers".
They have a vested interest in seeing the price of a given stock decline...it is how they ultimately generate a profit.
They are vultures with ZERO credibility.
Here is a copy and paste from Meson's disclaimer (emphasis mine):
"You should assume that as of the publication date of our reports and research, Meson Capital Partners, LLC (possibly along with or through our members, partners, affiliates, employees, and/or consultants) along with our clients and/or investors and/or their clients and/or investors has a
short position in all stocks (and/or options, swaps, and other derivatives related to the stock) and bonds covered herein, and therefore stands to
realize significant gains in the event that the price of either declines. We
intend to continue transacting in the securities of issuers covered on this site for an
indefinite period after our first report, and we may be long, short, or neutral at any time hereafter
regardless of our initial recommendation."
Actually, if you are an investor, you might want to play contrarian on this one.
Meson is hoping to drive the price of OMEX stock down, so that they can buy low at a later date and reap huge profits when the stock rebounds. That is how short selling works. That they have gone to such lengths to assassinate OMEX...even stooping to bringing the "morality" of shipwreck salvage into the picture is hilarious. These guys are vultures with a conscience...LOL...
Read the report and note how many times the phrase "We
believe" is used by the authors...this in itself will tell you how short Meson is of actual "
facts" about OMEX.
Ultimately, the scumbags at Meson believe OMEX stock is going to be significantly more valuable than it is today, that is the reason for issuing a report like this one to the general public...you gotta love hedge fund managers using phrases like "tragic national graveyards" to describe shipwreck sites...as if they cared about
anything other than making a profit. These guys would sell their own grandmothers to make a buck.