InterOil Management Continues Pattern of Deception

[Palm]

You aren't the only one who has been warning about IOC's finances. I started with the instant stock buyback and was told by several here that it was not a concern as they had been advised by Macquerie, etc. Was told it was too small an amount to be concerned with.

It certainly didn't stop there. Then last August I saw a scary pattern had developed and projected cash flow and use of the LOC. Again I was nuts; mgmt knew what they were doing; nothing two worry about.

Mgmt certainly did know what they were doing. Now people are calling for Hession's head. Like sticking your finger in the dam after the last water has dripped out.