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please dont insult our intelligence....only Wollinsky is buying lately......
AMIN greatly unappreciated, Daniel Dror CEO of AMIN, HMDI, BRHM, respectively. This man has sights of building an Empire and making it happen. Really have a thorough DD!!!
AMIN otcmarkets info...
http://www.otcmarkets.com/stock/AMIN/news
Shows insider buying and sales since 2005... should have a look, you may change your perspective...
http://finance.yahoo.com/q/it?s=AMIN.OB+Insider+Transactions
guess no one cares about this anymore. only posts are mine
wtf is wrong here. if they cant make a profit.....liquidate it and start again. imo shareholders need to expect some solidity and some form of confidence here
does anyone know about the shares involved in the 4 announcements? were they paid by them or a "gift" for a "job" well done?
I just visited the AMIN board, for the first time in weeks......OUCH, there is a basher there working it over real good.....having red thru what the poster has written, I would say,
OUCH!
Im stuck in the stock and see no way how to unstick myself
would be nicer if the insiders were not dumping stock at such low levels
NO?
why not a fire sale of value and start again to find an avenue to profitability
all of em lose money
the company is a money burning machine
Market Cap Outstanding Float Dividend / Yield Ex-Div Date
4.13M 14.76M 10.04M N/A N/A
Short Interest Short % of Float Insider B/S Inst % Owned Exchange
N/A N/A 55,500 34 % OTCBB
it hasnt
its about to start
it is a buisness with a product. but not much glamor or impetus for a great price right now.
oh wow this thing is actually moving?
sounds like someone should get to work instead of just going to work
low end $1.50
high end $2 plus
EXCLUDING THE BRHM $500 million law suit
is there a ball park valuation for the sell off?
I advocated selling off ALL assets long ago when I followed this company. Not just the real estate, but all the subsidiaries, as well. 100% liquidation.
If there was any real value that could be unlocked by doing so, it would be the company's fiduciary duty to shareholders to do so.
But instead, they just continued to muddle along year after year and in the process let the sp slip lower and lower.
It doesn't matter where the blame lies in management not being able to return value to the shareholders. It only matters that they have.
Now, this lawsuit is the only bright spot in their arsenal.
true
could take years etc., we all know that
simple point
with BV at $1.03....and that is N LOW SIDE.....current stock at .35, what is downside vs upside?
teh HUGE LAW SUIT will bring in millions
Like slojab implied, you might no wanna cash that check just yet.
the real estate?
yes
teh HUGE LAW SUIT will bring in millions
ASSET SALES FOR CASH
Are they planning on liquidating sometime soon?
I never ever look at AMIN in terms of EARNINGS
rather
ASSET SALES FOR CASH
and
OTHER STUFF
am looking for minumum $2!~
You'll be looking for a long time before you see that. I anticipate the company's operating/profit margins are going to get squeezed even more now that there's a global economic slowdown and oil may stay below $100/bbl for quite some time.
$$AMIN is a strong compelling BUY, am looking for minumum $2!~
even if there were NO actual contracts
if BRHM has MOU's and were headed towards contracts and BNI stepped in
BNI is still dead!
Im NIT that smart
Im guessing AMIN/BRHM has some CONTRACTS with TOGO
as does BNI
one could look at the dates
Yes. I read that, of course.
Brenham alleges that during this process, a senior employee of TGS-NOPEC contacted the Togolese Oil Minister and interfered with Brenham's contractual rights
If the employee fesses up, fine. Otherwise, wouldn't the Togolese official have to admit to some wrongdoing?
That's all I'm pointing out.
bottom line in my thinking is simple
at current levels, AMIN has huge upside, 300-500% and minimal downside
and
BRHM is a buy at anything under .30 and a sell over .$1...for now
Brenham's executives twice visited the Republic of Togo and met with the Oil Minister and otherwise briefed the Government of Togo about the deepwater prospects it had identified. Based on the technical work Brenham undertook to identify the prospective trend, the Government of Togo negotiated a Production Sharing Agreement with Brenham for the 4,433 sq km (1,095,418 acre) Block 2 concession.
Brenham alleges that during this process, a senior employee of TGS-NOPEC contacted the Togolese Oil Minister and interfered with Brenham's contractual rights. The Government of Togo subsequently signed a Production Sharing Agreement with ENI, and Brenham's lawsuit also alleges that ENI conspired with TGS-NOPEC to interfere with Brenham's rights to the Togo concession.
Look at what is in signed deals, if any!
Fine. Show me. The deal would have been signed with the Togo government, right?
The question is, why did the Togo government not honor whatever contract may have been signed.
I don't see how the truth can be discovered without the cooperation of the Togo government. I don't think they'll be depositioned.
I guess we'll just have to wait and see.
Forget the TOGO GOVERNMENT
Look at what is in signed deals, if any!
If there were NO SIGNED deals, the case could not have been filed, no law firm would have taken it on contingency
SO THERE MUST HAVE BEEN CONTRACTS!!!!!!!!!!!!!!!!!!!!!!!
From what I see, the proof of what Brenham is claiming will have to come from the Togo government. No? Is it reasonable to expect they can provide that to the courts?
Brenham's executives twice visited the Republic of Togo and met with the Oil Minister and otherwise briefed the Government of Togo about the deepwater prospects it had identified. Based on the technical work Brenham undertook to identify the prospective trend, the Government of Togo negotiated a Production Sharing Agreement with Brenham for the 4,433 sq km (1,095,418 acre) Block 2 concession.
Brenham alleges that during this process, a senior employee of TGS-NOPEC contacted the Togolese Oil Minister and interfered with Brenham's contractual rights. The Government of Togo subsequently signed a Production Sharing Agreement with ENI, and Brenham's lawsuit also alleges that ENI conspired with TGS-NOPEC to interfere with Brenham's rights to the Togo concession.
Brenham also is continuing to investigate the involvement of certain local consultants in the ENI transaction, who are the close personal advisors to the President of Togo.
I have just been told, by someone who says that is is available for the public to look and see
The two multi billion dollar companies have NOT filed for change of venue!
A SURPRISE and a SHOCK,to me, and I'm going to guess to AMIN/BRHM
Leads me to believe
That will try to settle sooner than I had dared to hope
I personally have not verified this!
The LAW SUIT is public information
I have asked someone way smarter than I am to review it
He has told me the following (I didnt verify it beyond his words to me, do your own DD)
The suit actually claims TITLE to the oil fields, (the suit uses some fancy term for that)
The field sits right next to one of the MAJOR OIL FINDS IN DECADES, IT IS ANTICIPATED THAT SIMILAR FINDS ARE IN THAT FIELD AS WELL
The 2 MULTI BILLION DOLLAR COMPANIES CANNOT DRILL BECAUSE THEY DONT HAVE TITLE
Therefore
It is my judgment based on the above
1-BRHM will be awarded the multi billion field
2-BNI will settle and settle REAL FAST
3-I believe they will settle for MORE than $50 million
Please read the suit for yourselves!
Ok. All spinning aside.....
....my point is that unlike a typical pinksheet stock's sp that can be manipulated, AMIN is more like a NASDAQ stock, where value can be recognized and reflected in it's sp.
Regardless of what you or any other individual thinks of the sp as far as being undervalued, the general market doesn't share that view.
Q after Q has come out for years and the sp has been limited to small pops from 2002 until lately. I say lately, because recently, the sp has taken on a decidedly negative chart pattern.
I don't think the fundamentals would have attracted any attention to this stock as a play. It was the lawsuit that gained attention.
It may pay off. But it's still a gamble.
It's been "undervalued" all the years I've followed this company..........Yes, it has, I agree. Having said that, now it is one third BOOK VALUE and still the real estate has huge value as well.........at 35 it is more undevalued then ever. The whole company could be taken over for $1 and there is still huge value left for the investor
Makes you wonder.
Btw, it's at an all-time low, going back to 2002........Hard to believe!
http://www.otcmarkets.com/stock/AMIN/chart
Nothing has changed except for the lawsuit. People seem to be pinning their hopes on this recent development.........What also has changed is the price of teh stock, at 35 it is more undervalued then ever and a great speculation...........The law suit is a huge wild card
I wouldn't expect any action on that front for a very long time........I agree, but I dont think it will take as long as you think. It would be be cheaper to PAY BRHM off then engage in court rooms for years, plus, the 2 other companies want to get on with drilling in Toga.......ITS A POTENTIAL HUGE WILD CARD........PLUS, BRHM is growing on it own. If it were to trade at a mere .20, that would add almost .80 of value to AMIN
wow, that is very likely. The dollar dillution will perhaps help somehow in creating jobs here in the USA as well.
Cheers, gave ya a member mark too
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