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As RJ's posts always does - makes sense.
And that is the main issue - where are my and others shares in this play? And that has been my request all along...please bankrupt the firm or take my shares along. Hence my pump and dump comment earlier.
Just need a end to this thing, Mate. I remember when there was an opportunity I had to put some dosh in Accel in the German market. I declined. There is something wrong about Chirico. I read about schlubs like that ...Michael Anthony comes to mind. A cad to beat all cads in the pinkies.
I'm glad that you are still hopefull on this play, but I think I'll continue to ask questions from the firm. I'm stuck here for a bit...don't need the tax loss yet.
(Waiting for Taxageddon if Congress doesn't do anything)
DD is grand, Poster, but so is shite disturbing. Let's find out where our dosh is - in a professional way, mind you. All the best.
Hey Poster,
Hope all is well with with you.
Yep, I remember there was a share trail from AAPU to Accel. Just can't find it yet.
And ya know, maybe the pump and dump category is incorrect. Thief is the proper term. Other than that, it's 105* heat index in Sweet Home Alabama. Ain't summer yet. Just spring.
RJ's 4492 post makes sense. Plus a small but profitable Chapco merging with them. I know you said you didn't get any AE shares and no MN from your AAPU shares was seen, so any feed back there is over 5 yrs now...but still no BK filed.
Just trying to seperate DD from emotion (even though very justified) here.
jimmyt: What numbers? I don't see the DD suggesting he ran a scam + pump+dump.
For his silence all this time though to SHs..he sure is an SOB and certainly not defending his atrocious like way of handling the public SHs
Hey Figs,
Good to hear from you, Mate. Sent the dialogue to RJ and I'm sure you'll get it soon. And he has grey hair, but don't tell anyone. Old geezer he is and fit as as a fiddle and can take anyone in the house - strong, too.
Anyway, sent a compilation of previous mails to the scoundrel - this time to all the partners and in their native tongue...English, Italian, Arabic, and the last fella, Polish. Dunno if he understands it. Not to the no good sonofabitch himself.
This is just the first salvo. Chirico is just a pump and dump whore and unfortunately, a lot of good, honest people fell for it. US patent, etc...
I didn't follow the shares in the mail - AAPU to Accel - to the other weasels. Just wanted to get their attention. Maybe Poster and RJ can help with some numbers as I know they had them posted...just can't find the damn things.
I think showing shares moved via filings - in any country - may help in exposing this cad and bounder. Or we were dumped and hell hath no fury than a pissed off shareholder. I understnd that SEC filings are gratis or at little cost. All the best.
these guys are swindlers.. carpet baggers and scoundrels... selling worthless paper and then dissolving it.
Jimmy,
If you would mate, send a copy to poster or RJ and they will get it to me. I would love to read it and would like to deliver it even more.
Cheers,
Figs
Hey Poster,
Thanks for the PM. More fodder to use on the letter I'm composing to send to all concerned. I just want to let folks know what kind of cad they are dealing with. In due time.
In the meantime, blue sky, cold beer and hockey is on. All the best, Mate.
Hello jimmy. Hope all is well. I don't text so that solves that learning how to do it problem for me. Generational thing I guess. lol.
The TCG site has been there for several months. Wonder how they advertise the site? At some point TCG and Ameri Energy Group need to come out from hiding under a rock and start acting like real companies that are not afraid to market their products.
Interesting though thru the years we saw the progession of the AC operations. AAPU to AE AG to AE LTD to the now Ameri Energy Group Ltd., based in Hong Kong.
There's got to be more than Ameri Energy Group Ltd., website updates with new personnel pictures and country flags around the world. But overall, I'm a bit more encouraged by these recent updated website events but still no return on my investment.
Miracles do happen. Take Care.
Hey RJ,
LOL, OMG, WTF...my son has been learning me how to text. I like the last one the best, but I prefer to talk instead of these initials.
Looks like our bounder is cheating the folks once more in the carbon nonsense. The site is expanded to cull more stupid knuckleheads (and no reflection on this esteemed group of investors) - seems like our apt description (lol) - into buying:
http://www.chiricogroup.com/index.php/en/
Think I'll wait a week or so to send a mail to the firm on the new web site - just to introduce the Italian lady to the person she has joined. Birds of a feather I suppose.
This is going to fun. All the best.
It's been awhile for sure ISH. The company apparently sold of the fossil fuel business and went to green energy and skylights. All the DD is there on the MB if you wish to see it. Accel Energy is now, after the merge with Chapco INC: Amerienergygroup; which is AC's filing name from 2004.
Wait....what ever happened to the Shale Asphalt Binder? Thought you guys would of been rich by now.
Looks like more updates to the website today including the Italian location address and telephone number. One can only keeping hoping here. It's been a gut wrenching several years of ups and downs.
Correction: Appears Italian download is available when clicking on Italian flag. In essence, flag works in "downloads" section but not whole website. Same good beer mind you!
AC is still holding strong to China connections (regarding duo language on downloads) and POC info is in Hong Kong.
-Break-
Within seconds now, the only thing I see is one download in Italian
(sunshine lighting system). Webmaster must be updating as we speak!
I had guessed new waste to water system (newer endeavor to match new Italian market)
-Break-
Oops - webpage reverted now back to original downloads. Italian document gone! I saved Italian brochure on my documents (Sunshine Daylight System written in Italian). Damn good beer otherwise (no no - still in my documents saved).
Yes, good beer all the more!
Under the PRODUCTS (download) section of the website.
http://amerienergygroup.com/index.php/en/products/downloads
Interesting the website doesn't show an American Flag particularly since the manufacturing operations are in the U.S. and I assume they are selling products in the U.S. But they do show an English flag.
We shall see!
Explains what? or are we being sarcastic
No BK filed
That explains everything - thanks poster!
On a more serious note: "overseeing companies sales in Italy"?
Wonder what product Italy is partial to?
Italy flag was also posted as translation possibility - although it does not work.
Again - what a tease! AC and crew seems to be moving forward and we are still in the dark!
They added a woman from Italy:
http://www.amerienergygroup.com/index.php/en/about-us/management-team
so after all this is AAPU just a big scam? or is it still viable in some sort of way?
You wouldn't believe what I found out these past couple of weeks.
Not a gotdamn thing. Just saying hey, Boyos. All the best.
I'd say so. I've never got a tax statement 3 wks late. It took the fear of the IRS for them to get this right unlike our phone calls
They obviously made a bad call initially when they saw the stock being delisted and liquidated. lol. They failed to consider the merger indicator in Jan 2011 and lacked dd history and obviously like us couldn't make a quick phone call to confirm. The current IR department as evidenced by Figs and jimmyt is less than desired for a multi-million $ company. lol.
However, they made the situation right on the 1099. Probably the reason for the delay for us to get the form.
The 1099 showing no forced tax loss for AE proves that Fid. for whatever reason, never looked into it as thoroughly for us as they did for the IRS, which they have to get right for them.
I don't think we have shares in there; TCG.
We are AEG. Which is Chapco+AE+AELtd
TCG MAYBE A AFFILIATE OR SUB. of AEG, that is uncertain, but we are AEG,formerly AE Ltd.
jimmy, I've read a little bit about carbon credits. Obviously some type of tax break involved for buying into this market. Seems to be a growing segment and can be traded on the option markets I think. Maybe you'll get some information from Tony. lol.
In the meantime, we continue to wait.
Hey RJ,
Here's a little tidbit that I inquired about.
Dear Mr. Chirico,
I see that you are now selling carbon credits to the general public. Can you send me information concerning this investment?
From your website:
Chirico Group offers verified, validated VCS and Gold Standard carbon credits. We carefully consider each project with regards to environmental impact as well as the impact to the local community.
Following several months of due diligence, we ensure that every project has been verified by a reputable and recognized entity, and is officially registered and traceable. By doing so, we provide complete transparency in our transactions.
Chirico Groups clients can view the validation report prior to making a purchase. They can also see their credits on the public registry. When certificates representing offsets are issued, clients receive a unique serial number used to track the certificate on the public registry.
Transparency, eh? What about AAPU, Mr. President? And throw in Accel Energy. All public record, Tony. I'd like to have some transparency as well.
Sincerely,
The schlub Al Gore started this carbon crap and made a mint - sold to fools that bought into this nonsense. And look who is also getting into this scam. Hmmm, might be an opportunity, but not with this scoundrel. All the best.
I agree. Seems both AAPU and AE shares were treated basically the same during the dissolutions of the original shells and both had merger indicators. The good news is we show the original cost basis for both AAPU and AE and since there was never any bankruptcy, there is no gain or loss at this point in time in any form for either stock.
I was puzzled why they would force the tax loss on AE but not AAPU. Yes they could have gave the AE SHs the AEG shares at a $0 Cost Basis, but why not do that for both then.
The link I posted on post#4162 refers to "Expiration Rights"
For AE shares it refers to "subscriptions, rights" or ROFR(Right of First Refusal) of the new shares to maintain the same% of shares from the 4/10/2010 PR.
I think our broker screwed up with putting the full realized long term tax loss in their monthly Sept 2011 investors report. All they saw was a disappearing symbol/name and the shell liquidation (not BK) for Accel Energy AG. They should have paid more attention to the Jan 28, 2011 merger indication and understood the dd behind all of this. Obviously, this is almost if not one of a kind of situation and since the people we talk to at the broker are not tax or securities attorneys, they can only go by what they see and think.
So the broker appears to have incorrectly put in a full realized loss in the last September report when the stock disappeared from trading, then I think the reason for the delay getting our 1099 statements to us could have possibly been due to obtaining clarification of what is actually occuring, hence, no tax loss. We did see an indication of some type of dividend explanation under the form for Accel Energy which I'm not clear about along with the expired expiration which appears to be related to that window given to buy shares in the new company along with any creditor disagreements before the merger went into Ameri Energy Group, Inc., via Accel Energy Ltd.
Me too Poster. This 1099 tax form shows the shares are there and they do not show a realized gain/loss. It shows 0 for gain/loss. And if you go to our statements schedule under the website, the word in caps MERGER is listed clearly twice by itself on Jan 28, 2011. So obviously our theory that the shares moved from AE AG to AE LTD then the name change to Ameri Energy Group LTD., is still in play. We also think the AAPU shares are also still in play under the NV SOS share structure of 100 mil for Ameri Energy Group. Remember your AAPU hard copy merger notice was issued AFTER the AAPU shell dissolution.
However, we continue to wait for the confirmation of what we see.
I got my paper copies (1099) from Fid. today (3wks late)
I expected them to be the same as my ones on e-file (100% Tax Losses on AE)
They showed $0 for gains/loss for AE.
Under Action for buy/sell it said "Exp Right" probably for the the ROFR
The SEC should sort it out. Seems AAPU and those behind it were scammers.
real
LOL. I would think they would have declared BK by now (4 yrs ago) if they did that. The "Going Dark" link I posted awhile back applies here it seems. Also (AE) they showed $21M in Retained Earrnings in 2007.
Still in a waiting mode here. The combination of the NV SOS filing with recent officer updates and the merger notice for AAPU after the dissolution of the shell and the merger indicator for the Accel Energy shares prior to the liquidation of the Accel Energy AG shell and the overwhelming dd gives me strong hope we're still in the game.
Figs and Jimmyt, I can't help but chuckle when I see those emails go back and forth. I'd be interested in knowing who is on the other side of those emails responding. lol. So far I don't see any advertising anywhere of the products offered by the two websites and that's hard to imagine given the products they are trying to market around the world.
Jimmy, I think the barman did try to short me but then I realized that I am the barman!
Cheers mate,
Figs
Hey Figs,
I am sure that I made the 'list' as well. But that's fine - at least he knows that there are two folks out here that knows what he did - and willing to ask him about it. I, too, will keep the shares.
But I do agree with your media whore description concerning our waste orafice. He'll surface one day and there is the pouncing on our part.
Hope your toss was a full one - those barmen like to short change a sip or two. lol All the best.
Me to Poster. Been hanging in there this long what is a few more years! LOL
Cheers,
Figs
Jimmy, I have not received a response back from the last one I sent. I have a feeling that I am on the "list". I am going to keep my shares where they are and still hope for the best. If nothing else when I look at them everyday it reminds me of a better time in the land of trading pennies.
Cheers mate. I will toss one for you in regards to the fine letter you sent. That one might draw him out of hiding.
Figs
Hey PG,
I'm in the same boat as you - lots of time invested as well as a fair amount of dosh. I wanted this play to be a success for all who put their money in. Unfortunately, at the moment, it seems like a failure.
However, there is a bright side. Tax write offs when the time comes, but more importantly, in my view, a chance to learn and be friends with folks on this board. That's the best thing. Don't worry, that bovine excrement spewer will get his. Karma, Mate, karma. All the best.
Hey Figs,
I sent this a little while ago. I was just in the mood - now I'll give it a rest:
Dear Mr. Chirico,
I cannot believe your combative and immature response to me. May I point out that you were indeed, the President of AAPU and by your own words,
America Asia Petroleum Announces Ticker Change to AAPU 10:00a ET May 9, 2007 (PR
NewsWire) America Asia Petroleum (OTC Pink Sheet: AAPU) announced the change of
its ticker symbol from AAPM to AAPU due to the recent reverse stock split from
1:40. The decision to affect a reverse stock split was made in an effort to
generate renewed interest in the company after the suspension of trading and to
remove any control from those who could be possibly shorting the stock. The
management wants to make clear to all stockholders that any changes are to the
benefit and protection of the company and its stockholders.
You have not even addressed any of my questions. And, you did not have the courage to even sign your name. I assume you have an ill-informed lackey answering your mails. Look at replacing that person for he/she/it is doing you a disservice in the public relations department.
So, Mr. Chirico, please do the right thing and end this thing the proper way as I mentioned earlier.
Sincerely,
That's it for me this month in corresponding with the dolt. If a reply comes, I'll post it. But I do agree, he'll surface soon. All the best.
Jimmy, that’s just it. Got time invested! Still on lookout for IPO or closure such as BK. Your email appears to be from AC or on AC’s behalf! “send ME proof of investment” and reimburse ME MY loss”
On a serious note: nothing wrong with a little humor along the way!
Figs. I wouldn't give up. yet on "face down" RJS post 4492 makes sense.
Jimmy, sounds like the same sod that wrote to me. Don't worry, AC is a public media whore so he will surface at some point. We just need to figure out how to deal with him when the time is right. I wish he would run for office again. Would be nice to contact the opposition with a tale or three even though corruption is standard practice in politics nowdays. They would probably give AC a medal.
Two things to say on the matter, I have made some great friends while on this journey and the sad part is I was looking forward to getting face down with all of them when the "Golden Moose" (I miss you Kid) came home.
Cheers,
Figs
What? Over? Did you say "over"? Nothing is over until we decide it is! Was it over when the Germans bombed Pearl Harbor? Hell no!
Hey PG - just having a little fun with the Animal House reference. The reply was a belt in the gob, wasn't it? Think I'll make it a monthly thing - give the scoundrel a mail just to let him know we're still here. More like a sport than anything serious.
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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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