You can talk about issues with k-meleon here.
favorites not correctly parsed
Date: October 30, 2001 11:23PM
My favorites are not correctly parsed, the first folder is being considered by K-Meleon as the parent folder while this is not the case.
BTW : This thing rocks!
Re: favorites not correctly parsed
Date: November 01, 2001 02:48AM
I'm having the same problem... The only way to avoid this is create a shortcut outside any folder (in favorites).