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Happy New Year to you too Jimmy. 2014! Got to be better than the past several years. I'm ready for some high priced champagne! Hoping for the best for all!
Oi Boyos,
I hope that each and every one of you had a year that was healthy to you and your families and a profitable year in the markets.
So here's a toast to you all - Crown Royal this year instead of the Bushmills. All the best.
© 2005 - 2013 Ameri Energy Group Ltd. | Email: info@amerienergygroup.com
"2005" Acknowledgement of first full year when they went public.
I think some of this applies here (<300 SHs):
http://www.nytimes.com/2013/06/14/business/securities-rules-can-leave-investors-in-the-dark.html?pagewanted=all&_r=0
Hey Poster,
Interesting - buy him off. But my thoughts are what if the schlep surrounds himself with birds of a feather, eh? Have a nice website, nice pictures, etc... Then no delivery on a product or service, much less informing investors of what is going on.
Actually, you can learn a lot from the bounder. In being a cheat. Then again, I'm not one of those and he will not have a days luck until he makes us right. All the best.
He maybe a jerk, but all the officers still need a market.
Got to buy him off.
I have a theory on why the schmuck isn't finishing. Goes back to his 'Up With People' show.
That thought occurred to me when I read your reply, Poster. Let me ponder it some more over a few pints and get back to you. The man isn't right.
Hope all is well with you also.
Logically, what good are anyone's shares without a market?
And if the business flopped or stay private, why keep updating the website with photos?
Hey Poster,
Thanks for the link. Hope all is well. I see that there are a couple of new schlubs in the mix. Maybe something good can come out of this. All the best.
Hey RJ,
Interesting thought - the firm being sold. In a perverse way, that could be the cause of the tone of response I received a while back. Refer to post #4306 for the tit for tat.
That bounder is off the hook and out of the game. And he'll never have another good day until he does the right thing by us. Other than that, sunshine, blue skies, gardening and cold beer - ah, Sweet Home Alabama. All the best.
Hello Jimmy. The dd always suggested that all of the companies were initially one in the same. They went out on separate tree branches and then came back to the same tree trunk with a name change via several merges. My thought is IF they do not update the AEG Nevada SOS filing dates when the business license expires and officer updates due on June 30, 2013, my money says the company including TCG may have been sold. Let's hope we're still in the game.
Poster,
I saw that as well. Everything coming from one area. I suppose if you are doing something nefarious, hide out in the open. All the best.
He also used that same exact address for Accel Energy Group as well as AEG and AAPM:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=9noBkjHodVuJw2xSdOrgNw%253d%253d&nt7=0
Good. jimmy. He deserves ever bit of it.
This is disgusting. Last PR was for the "public offering" on 4/10/10
I sent this message on the website the cad has:
I see that you had a couple of pictures taken with 2 Presidents. Nice - now how about letting shareholders know what you are doing. Always remember, Mate - Karma.
Of course, they have a security code - numbers and/or letters - to make sure that you are human. And I did gave my name, addy and phone number, as usual, so the bounder knows who is asking the question. As usual, I expect no response.
Karma is a powerful thing. All the best.
Karma, Mate.
Never underestimate that.
They have long forgot the AAPU scam... to acknowledge its existence would be to admit to a crime.
Hey RJ,
Nothing in the Mojave Desert except this:
http://www.brightsourceenergy.com/
That is what the article referred to.
If you can let me know what the Mohave Desert section is about, it would be much appreciated. It will be hot here in July as usual as you go North. I'd like to think we have this behind us by then but.....
Not for us... But if he doesn't get his shares on the public market, what good are they've been to him?
My hope certainly isn't based on his loyalty to SHs, which is non-existent
Hey Poster,
I thought that I was a pack rat. You really think that this bum is doing this for the shareholders after all these years? Personally, I think not.
I would be happy to see AAPU trade once more, but that is not going to happen. He is a thief and a crook and will never have a days luck until he makes amends to us. That I firmly believe.
You know, I mentioned a while back, that I was going to use this as a write down when the time came. This year might be the year it seems. But it still galls me.
Hey RJ,
I'm glad all is well. Be motoring thru the Music City in late July on the way to the Great White North.
Still working on the translation of the article, but it seems like bullshite to me. A puff piece. All the best.
jimmyt:
Here is an old AAPU message that maybe accurate for our situation:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=27840937
Good questions jimmy and it has been one heck of a long wait with lots of $s tied up for many of us shareholders.
One thing I keep thinking about is who has controlling interest in Ameri Energy Group? With the sudden shift to all Asian folks under the recent updated SOS filing and AC as a director, is it possible Ameri Energy Group has been sold to Asian interests? Just speculating but the overlap of the TCG and Ameri Energy Group officers and home address is clear between the two websites at this point and time.
At least we're seeing some recent updates if that means anything this time around. Here's hoping and Take Care! Keeping the faith.
Hello Jimmy. Catching some thunderstroms out there right now. Hope all is well with you.
Yep, I noticed the "coming soon" is now an old TCG Home webpage we've seen before from "coming soon" status. Also noticed only about half of the pages of the site were updated with a 2013 date. Wheels are in motion once again. But if any postive from this the world economies are improving after years of recession.
The Ameri Energy Group site has been tweaked a bit. The Chapco location was deleted and the TCG CT address was added. All pages under the Ameri Energy site now show 2013. And, all the Chapco product was deleted from the products section. The Sunshine Product is all that is shown. Remember Accel signed a long term agreement (I think 20 years) with Sunport Industries to market the Sunshine product world-wide with exclusives in China and the Middle East. Jimmy, if you of Figs have an ability to translate the "media" section (Amcham Magazine Article) of the products category of the Ameri Energy site, I'd appreciate seeing what it says. Seems like it said something about a plant in the Mohave Desert?
http://www.amerienergygroup.com/index.php/en/
The Nevada SOS filing for Ameri Energy Group very recently was updated and deleted all the Weinsteins (Chapco) as officers and added others including Peck Li as President who we have seen before.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=rywy0kgk38s9h48rdij1vA%253d%253d&nt7=0
I sent this to the usurper:
Mr. Chrico,
I see that you filed once ago from your address on Carson Street in Las Vegas. Same as American Asian Petroleum or AAPM, if you forget. See the links below:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=rywy0kgk38s9h48rdij1vA%253d%253d&nt7=0
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=SNPa%252bBGk5IR9w%252fwT1nZxTQ%253d%253d&nt7=0
The links are from the Secretary of State in Nevada. So, trying to scam once more, eh, Tony?
I'll repeat this once more to you - you will never, ever, be successful unless you do the right thing and make right the folks who believed in AAPM and AAPU.
And it did go through: Thank you for your contact.
Thanks Poster - I haven't checked those links for a bit as I figured the sonofabitch was not going to file - especially from the same place. What chutzpah and gall. But there's my gauntlet.
Hey RJ,
Hope all is well with you and the family. Stay dry - floods abound.
I saved the link from the previous post - the 'coming soon' one - and I clicked on it a moment ago. The link went to an old site I saved long ago. And I went back to your post and clicked on it as well. Same thing. Hmmm - correct me if I'm wrong. All the best.
Bingo, Poster.
Win - Win. And when the skunk raises the tail, a small hello. All the best.
Even if you declare them as a tax loss, then something happens you still don't lose the shares. Just the Cost Basis becomes zero.
Nine months and counting down, Mate.
Thanks for the kind words.
Although very jaded with AC's lack of decency for SHs, I still go back to the merger indicators I have for both AAPU+AE as something.
Hey Poster,
I saved that link years ago and still use that for research for other firms I'm looking into. A benefit I have of joining the old AAPU board and all the folks I met and still respect.
What say you, Mate? Do us old fogies have a chance of a return or is it just a nice tax write down? All the best.
Jimmy, The boat is just used as my drinking "platform".LOL
Cheers,
Figs
Hey Figs,
There's laws about drinking and boating. But I'm sure that they can be waived. All the best - hic.
Hi Figs, it's been a tough many years with no resolution to this investment and I also look forward to meeting you guys if and when our ship finally comes in here.
RJ,
Always good to hear from you mate. We are trying to get through the 7 months of winter up here in the North country. Was hoping to be tooling around the lake in the new boat singing sailor songs with Billion drunk as a monkey!
Take care my friend and I look forward to the day of tossing a few with you and the rest of the crew.
Cheers,
Figs
Jimmy, I have always thought AAPU mimicked TCG.
"America Asia Petroleum Corporation offers sales and marketing services to joint ventures operating in China. The Company advises joint ventures offering products and services to the energy and petroleum industries in how to compete in the North American market."
http://www.bloomberg.com/quote/AAPU:US/profile
Jimmy, I'm ready for Spring. The older I get anything below 40 degrees is too cold.
TCG's new "coming soon" is interesting. We've seen that before though during the hard market years and we just went from website to website. But, for some of us "true believers," there is at least some hope still.
We'll see how this one plays out. Take Care!
Hey RJ,
Things are just grand, except for all the flippin' rain the past few weeks. But count the blessings as it's better than snow.
But if you look at some of the previous posts, I think I'll call it a day on this in December. I just had enough of this bullshite over the years. However, with that being said, that 'coming soon' comment may just generate a few inquiries from me as well as a few more choice words, of course, to our beloved scoundrel. Just to let him know that we are out here. I'll let you know how I fair. All the best.
Hey Figs, Jimmy, and Poster. Hope things are well with all as we move into another year. Still holding my AAPU shares and looking forward to the day the gang comes back including Kid, Billion, and Venture.
http://www.chiricogroup.com/
Negative.
I'm purely looking at the tax implications for this year because of my positions in various markets. If you got out and made a profit, then good on ya.
But don't yap at the folks who held onto this play for one reason or another.
Took you guys long enough to figure things out....
I agree Figs, no matter how this turns out.
Hey Figs,
And the feeling is mutual. Learned a lot the past few years from you.
Actually, your comment about AC brought up some old schoolyard insults that if I post them here, I'll be banned for life. Try Richard Cranium - it's harmless and you can have a lot of fun with that on the more gullible. All the best.
Like I said, AC is a media whore and will surface like pond scum someday. He is not happy unless he's screwing someone. I had a chance back in the day to go to a meeting with him and I regret not doing it. I agree with the house cleaning at the end of the year. I have some other garbage that needs to go with it.
I have to say it when I can but the best thing that ever came out of this mess was meeting all of you. To bad the penis with ears AC was not half as decent as you mates.
Cheers,
Figs
Nothing by then i agree
Hey Poster,
It's just time to call it a day on this one. Last week of December 2013 is the plan to take the loss. Not that I have any hope, mind you, but that's when I get rid of all the nonsense in the trading account.
Anyway, tree trimming and gardening done - only 24*c here in Sweet Home Alabama. Time for the football and beer drinking. All the best.
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http://accelenergy.com/
Company Profile
Accel Energy AG is a mineral oil company that offers refinery, mineral oil and mineral oil-based value added products. The company has been successfully operating in China since 1985 and are considered as one of the leading companies with regard to business development. Accel Energy is active all over China with a distribution network comprising partnerships and joint ventures. Because of long-term order commitments we work in a customer-oriented way with a strong focus on team work and sound management. In 2005 Accel Energy AG generated revenues of more than US$ 58‘500‘000 by selling mineral oil products. The company obtains crude oil from various sources on order to refine and subsequently sell it as a premium product.
China Petroleum Industry
China's oil consumption is second only to the US and demand is expected to grow to equal the US by the mid 2020's. China is challenged severely by the current high oil prices as it saw its own supplies decline. Increased demand and prices and declining resources have added pressure and now shale oil represents an important, economically viable source for the increasing energy needs of China as it undergoes transformation into an economic leader. The China government will be spending $970 billion USD to build an infrastructure for petroleum and natural gas throughout the country . Present production in millions of tons are: gasoline 19.62, diesel 37.74, kerosene 5.06, chemical light oil 15.04, lube oil 0.91, LPG 5.11, fuel oil 4.5, asphalt 1.13 and petroleum coke 3.44, with an estimated grow rate of 40% by 2010.
Oil Refining
Accel Energy operates from a refinery with a joint venture partner, a large petro chemical corporation in China. The refinery is not operating at 100% capacity. Current production rates are approximately 1,100,000 metric tons of petroleum products, chemicals, and asphalt a year. This refinery has a capacity of 3 million metric tons of crude oil production annually and Accel Energy plans to grow its production rate to achieve revenues of almost $100 million by 2008 in this facility. Some of the products that Accel energy currently produces are:
*Chemicals
*Plastics
*Gasoline
*Asphalt
*Heating fuel
*Pharmaceuticals
*Petroleum coke
*Diesel
*Kerosene
*Manufacturing fuel
Oil Retort
As the second part of its ambitious initiatives, Accel Energy plans to build a retort plant in China, where oil will be extracted from shale in a modern extraction facility. Retorting from shale oil has been used successfully in many countries as an auxiliary method of generating oil supplies. The success of developing resources from shale in Estonia encourages Accel Energy to operate its own retort technology in China and to begin with extraction. The Company will sell the resulting crude oil to local markets and use some of it to manufacture value-added products such as the Shale Asphalt Binder product which has higher profit margins than crude oil.
The proposed Accel Energy retort plant will become a source of crude oil, a well of sorts for the SAB. Below forty dollars a barrel, oil-shale oil is not competitive with conventional crude oil. However, with oil prices at $40 and higher and declining crude oil production in most areas, some investors are taking a look at the huge volume of potentially recoverable hydrocarbons in vast shale oil deposits. Accel Energy plans to extract 10,000 bpsd (barrels per stream day). The retorting process is noted for its simplicity, efficiency, and energy self-sufficiency. It employs gravity flow of shale in a moving bed through barrier-free; functional zones where the descending shale and countercurrent flow of air and recycle gas interact to provide both combustion heat for retorting and cooling for the retorted shale. The design for the commercial-size plant takes full advantage of the modular concept used in planning the 10,000-bpsd facility. It includes three full-scale module retorts, each with its own oil/gas-handling system. The design includes appropriate capacities in the mining, shalehandling, shale-disposal, fines-storage, and other auxiliary-facility areas. In addition to employing the basic retorting technology, the commercialplant design has numerous eminent features contributing to the project’s feasibility.
Oil Retort
System attributes:
*Extracts crude oil from shale Rock
*High oil yield- 99%
*Refines petroleum products
*Less shale rock waste
*Uses minimal water
*Generates electricity for local use
*Environmentally safe
*Higher profit margins
*Low water use that is recycled.
*Application of data gained from previous successful programs to ensure minimal technical problems.
*vailability of necessary utilities, water, and other resources.
*acilities that incorporate readily available, low-cost, proven equipment.
* process that requires no external heat source other than for cold start-up.
*etorting controlled by micro-processor computer-based system.
* design that permits use of relatively large shale (-3”, +3/8”) for retorting and discharges retorted shale in the same size range, facilitating disposal, stabilizing, and reclamation.
*inimal fugitive-dust problems.
*Hydrotreating facilities to improve storage, transportation, and marketing qualities.
*Use of product gas to generate electricity for both in-plant use and export purposes.
*Comprehensive planning for site specifics, environment, health, safety, and socio-economics, in addition to the technical details for mining, retorting, product recovery, and storage/transportation.
*Supplemental planning which includes alternatives to keep developments current and consistent with technical and economic needs as occasions demand.
Crude Oil Marketing
China consumed more oil than any country globally except the US and projections show that growth will continue. Oil is vital to the economic growth of China. Therefore, the government aggressively promotes the determination of new resources and is poised to make the oil industry a successful economic driver. Many factors impact the strength and viability of the oil industry in China – finding of sources, changing extraction methods, new and updated products, the quality of the oil, technology and the budget. Accel Energy has the ability to rapidly and economically extract oil from shale rock thereby adding oil to China’s undersupplied market. In addition to this, Accel Energy also has a proprietary technology to produce a binder that, when added to asphalt, strengthens it and results in a longer life and durability of roads in the largest road building initiative in history. With the current pace in the Chinese economy, there exists an opportunity for rapid growth for the Accel energy. Good products coupled with strategic marketing strategies that efficiently reach potential clients will ensure success in this economic environment and help to establish Accel as a driving force in this sector. Branding Accel Energy as reliable source for quality products with excellent customer service will be the motive behind its marketing strategy.
Shale Asphalt Binder
Accel Energy plans to build a facility to manufacture a new-patented product, Shale Asphalt Binder (SAB). SAB is a value-added petroleum product which is made from crude oil and prolongs the life of highways and roads. Accel Energy plans to purchase a site, develop a plant and manufacture and sell this product for road building efforts in China and other markets. Currently, China is embarking on the largest road building efforts in its history that will see its network of highways become comparable to that of the US. The Shale Asphalt Binder that will be produced by Accel Energy will help to effectively prolong the life of those highways. SAB has been formulated to enable governments, Departments of Transportation and contractors to have better road surface availability at a lower cost. SAB provides improved infrastructure, creates greater longevity and has lasting benefits to peoples of all countries, whether developing or industrialized. SAB has a proven history over the past 8 years and was shown to be effective in 11 actual road test locations, within all the major weather zones. The SAB product will provide a longer life to the roads and save taxpayer dollars. The asphalt business in the China and USA is a multi-billion-dollar business, and contracts under negotiation will put Accel Energy in a key market position both in China and subsequently the US, potentially utilizing 100% of its current production and generating millions of dollars in sales revenues. Accel Energy expects to earn revenues of $36 million in the first year of operations of this manufacturing facility with continued growth projected for years to come. Sales of the SAB product are projected to be over US$61 million by 2008. SAB solves five of the major problems facing the maintenance of roads:
*Rutting
*Water stripping
*Thermal freeze-thaw cracking
*Fatigue cracking
*Aging
China Road Industry
On January 13, 2005, it was announced by Zhang Chunxian, minister of communications, that China will build a network of 85,000 km expressways over the next three decades, connecting cities with a population of over 200,000 at a total cost of 2 trillion yuan (approximately 241 billion US dollars). This will place the China highway system on par with USA interstate network of today. It is anticipated it will take 30 years to complete. Total mileage is expected to overtake the American Interstate system, the world‘s biggest, around 2020. The primary road construction material used is asphalt with binders.
Asphalt Binder Industry
Shale Asphalt Binder – China plans to construct US$242 billion in highways within 30 years. The SAB product will effectively prolong the life of those roads. Road/Highway construction is one of the largest industries throughout the world, using primarily asphalt as the building material for roads and highways. Asphalt is made from aggregate rock, road oil and binders. Binders function as the glue for the asphalt compound. About 95 percent of the paved roads in the United States are surfaced with asphalt, and most are produced using hot-mix construction. Hot-mix pavements consist of one or more compacted layers that contain (volumetrically) about 80 percent mineral aggregate, 15 percent asphalt binder, and 5 percent air voids. In the US, the asphalt binder component is valued at approximately $3 billion/year and can have a disproportionately large impact on overall pavement performance. In the United States, about 4 percent of all public sectors spending (by federal, state, and local governments) is used to build and maintain the nation’s network of roads and highways. It is in the public interest to spend this money efficiently, for example, by producing roads that have the lowest possible life-cycle costs. Asphalt providers, construction companies and Departments of Transportation are constantly seeking new products to build stronger, more durable roads. Presently, a combination of several different binders is used to meet Departments of Transportation specifications that address the cracking and deterioration of our roads. The asphalt/binder products are a multi-billion dollar industry increasing annually by an average of twelve percent (12%).
Shale Asphalt Binder Marketing
The agency the Company decides upon will be independently creative with full cooperation from management. Additionally, CEO Anthony Chirico will use his wide range of political connections in both Beijing and Washington to promote the company’s Shale Asphalt Binder product that prolongs the life of highways. In June of 2005, Anthony Chirico was asked to be part of the rational energy commission of Maoming by the Central China Energy Commission. Mr. Chirico acknowledged the significant invitation and stated „Having worked with China since 1985, I am honored by the invitation. This is a great opportunity for my company, and both countries in working together.“ Mr. Chirico will visit major cities and provinces within China and use his best efforts to secure Departments of Transportation’s product approvals for the addition of the Shale Asphalt Binder produced by Accel Energy in regional road building initiatives. If a state agency was convinced of the benefit of a particular additive system, it will implement a restrictive specification that functionally excludes competitive products and regulates the inclusion of specific products that prolong the life of roads. This is done in the US and other countries. The number of Chinese road construction projects linking all their provinces with China‘s emerging highway system. It is recognized that the SAB product is required to provide their roads with the longest life possible. Professionals are a diverse group and usually fall within a specific industry segment. In order to meet potential customers, Accel Energy will attend events to help establish its name and make sales. The segments include Association, Corporate, SMERF (Social, Military, Education, Religious, and Fraternal), government and independent meetings, conferences, conventions, and trade shows can be anywhere in size from 10 to 10,000 participants, and the impact they make on sales and exposure can be significant.
http://www.accelenergy.com/language/us.html
NEWSWIRES AND PR'S
http://www.sys-con.com/read/107712.htm
http://www.sys-con.com/read/101904.htm
http://www.sys-con.com/read/101286.htm
http://findarticles.com/p/articles/mi_pwwi/is_200506/ai_n14714534
http://tv.sys-con.com/read/102962.htm
http://linux.sys-con.com/read/104129.htm
http://press.arrivenet.com/industry/article.php/667749.html
http://www5.sys-con.com/read/98301.htm
2005 Financials
http://www.accelenergy.com/financials/financials_english.pdf
2006 Financials
http://www.accelenergy.com/financials/financials_englisch06.pdf
Audited 2006 Financials (PDF in German)
http://accelenergy.com/content/file/topic/goxJzt9BZjQjgKW1iEDemX9R7eU0uQjY/action/download.html
2007 FACTBOOK (PDF)
http://accelenergy.com/images/accel_factbook_englisch_07.pdf
IR Contact: investors@accelenergy.com
Accel Energy AG
Untermüli 6
CH-6300 Zug Schweiz
Switzerland
Phone: +41 41 560 71 03
Fax: +41 41 560 71 04
Management
Mr. Anthony Chirico (Founder/CEO) has extensive worldwide Board and operational experience with multinational companies focusing upon business development and strategic planning. Mr. Chirico founded Accel Energy, Inc. in 1985 to provide goods and services to the Asia Pacific markets with a specialty in China. Mr. Chirico's role in the company is to oversee all aspects of its operations, business development, liaison, and finance. To date, under his direction, Accel Energy has achieved revenues in the millions. In June of 2005, Anthony Chirico was asked to be part of the rational energy commission of Maoming by the Central China Energy Commission. Mr. Chirico acknowledged the significant invitation and stated "Having worked with China since 1985, I am honored by the invitation. This is a great opportunity for my company, and both countries in working together." Anthony is a skilled intercultural negotiator with expertise in business development, marketing, and advertising & promotional campaigns. Anthony has conducted business in 23 countries since 1972. His first international event was the Munich Olympics in 1972 and he pioneered the market for toy/merchandise tie-ins to television programs in China. Anthony Chirico is politically active on the local, State and Federal level and he ran for Connecticut State Senate. Anthony Chirico received his B.B.A. in business administration and marketing from Boise State University.
Mr. James Smith (Vice-President/General Manager) has conducted business since 1982 in Asia concentrating his efforts in mainland China. He has developed an extensive network of relations with Chinese industrial enterprises within the garment, automotive, industrial complex, construction, petrochemical, metallurgical, petroleum and chemical industries. Mr. Smith's expertise is in project management in China and Asia. Robert's role in the company is to conduct project management and operational functions for current and new business projects. He presently lives in Shanghai and oversees the administration of the China office. Robert Smith received Masters and B.A. in economics and languages from University of Victoria and East China University.
Ms Judy King - Zeng Xiaojing (Marketing Manager) has conducted business within China for local and international companies since 1984. Her expertise includes legal affairs, documentation, translation, trade & economic law, and business & government contacts. Ms. King’s role in the company is to handle all the marketing efforts of the company and projects. Judy has been with the company since 1991 and plays an important role for the company as the primary Chinese nationalist. Judy is fluent in all Chinese languages, English, and Russian. Judy King received her degree from East China University in international business and affairs.
Mr. Peck Li (Director Asia Pacific) has been working in the chemical industry since 1988 within the United States and China locating and exporting raw materials. His expertise is identifying and developing business and maintaining relations. Peck’s role in the company is to handle all partnership and new business relationships. He has been with the company since 2005 and is a Chinese national residing in the United States. Peck Li received his MBA and BSC degrees from University of Otago and South China University of Technology in chemical engineering.
Rainer W. Gillmann (Chairman) has worked for several years in the boards of directors of numerous recognized multi-national companies around the world in differing branches. His years of experience in the development of new companies which operate successfully around the world, his continuity in the business development and his inventiveness of strategic decisions characterize all aspects of strategic decisions under his supervision. His analytical and communicative personality allows him to successfully support and plan financial-mediatory structures. In the fields of communications, services as well as business planning, he can look back to cooperations with differing large companies which are full of experience. To develop public relations, to structure and thus also guarantee a successful future strategy spanning national borders with his cooperation allows a company with a strong support to expand world wide. He completed his Economist SBS degree in later years which required a solidly founded specialist training in the business development of private banking.
Latest news:
Accel Energy AG / Half Year Results
Zurich, December 20, 2007 - Accel Energy Group (WKN:A0LFLF) has registered
very good results for the first half of 2007. Revenues climbed to US$
33,001,014, with a pre- tax profit of US$ 2,097,539. This result
represents an approximately 8% increase over the previous year´s value and
reflects Accel Energy´s continuously strong growth trend.
These consistent, positive results in great part are due to the progress
made on the Chinese market as well as to Accel Energy´s successful
management. The production of Crude Oils and concurrently Shale Asphalt
Binder (SAB) has led to the steady growth of the company´s revenues and
market strength. Accordingly, Accel Energy´s products have established
their presence in a variety of areas of industry as well as in carrier
shipping.
Based on these trends and figures and supported by the rise in oil prices,
the company´s management expects steady growth over the 2008 to 2010 period
in the Chinese market as well as in the Near and Middle East. Following
revenues for the first half of 2007, Accel Energy expects revenues of ca.
US$ 67,000,000 for the running year. However, not only will revenues grow
strongly, but profits are expected to grow more strongly than the general
market. Consequently, after a profit in 2006 of US$ 6,595,469, Accel Energy
expects a business profit for the running year of ca. US$8,000,000.
Next year, new operative locations in Jordan and in Dubai will come into
effect, as will the company´s listing on the Dubai stock exchange. Both of
these developments have not been included in the company´s prognoses. Much
of Accel Energy´s focus remains centered on its projects in China which are
expanding steadily and should generate further revenue growth.
Accel Energy AG
Untermüli 6
CH-6300 Zug
Switzerland
Tel. +41 41 560 71 03
e-mail ir@accelenergy.com
Internet www.accelenergy.com
http://accelenergy.com/language/us/content/news.html
Accel Energy and the UN profess themselves to ecological road construction in Indonesia
http://www.investor-news.de/modules/news/article.php?storyid=1180 (use Google to translate)
CHART http://aktien.wallstreet-online.de/288/chart.html
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