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Legalese

We have long grown use to legal statements that make absolutely no sense whatsoever or those interminable disclaimers at the end of every financial ad on the radio.

At last someone has appeared with a sense of human.This is the standard disclaimer that Contango Oil & Gas Company (MCF) include with their  earnings reports –

Lawyer Stuff

The future is unknowable. We have good intentions but all of our projections and estimates will be wrong, and could be materially wrong. Wildcat exploration is expensive, speculative and potentially dangerous. An offshore spill or explosion would be enormously expensive. We have insurance but it may not be enough. You could lose your entire investment. Don’t be lazy – read our 10-Q’s, 10-K’s and press releases, and if you lose money – please no tears.

“Don’t forget about risk-free T-bills in your portfolio…After inflation and taxes you’ll likely only lose 5-10% of your investment.”

– Contango V.P. Investor Relations

In other words get off your arse stop being friggen sooky sooky la la’s and take responsibility for yourself and your own decisions.

 

 

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