Hate when I am right about a company like this...

they must have bought enough toys last quarter to carry them thru this one..LOL

I think they were on vacation this quarter, that was paid for last quarter. the 48K must have been spending money for the trip..

got a better idea??lol

g

Company has a net loss of $1,748,769 for the nine months ended September 30, 2007. thats almost 200k/month.

If they are not drilling , then who is stealing the money? sheesh..

Amazing that they haven't issued any PR's up to now.
I revise my sell order down once again from .58 to .48.

Everyone here must be underwater, My shares are practically worthless compared to the rest of my port. So, I leave them there on the screen to remind me what no to do with my money.

If defies all logic how some people can believe in this stock when it just robbed you blind this past year. Just astonishing to me..

"so few cheap shares availavble"????

There all "cheap", nobody WANTS them!! LOL

this isnt'blowing" anywhere soon.

glty.

g

Wow, nothing so far, I didnt think it would take this long. I guess CB has a couple bucks in the bank to keep this thing alive.

He is not diluting now because noone is buying...

You wonder if he has ANYTHING good to say? The silence speaks volumes. I still think a pump PR is on the horizon but I don't think we reach $1.00 as I previuosly stated, I will revise my guess to less than .60 now.. I don't think CB even thought this stock would be so dead.

So, my sell order is revised to .58 cents. Could take awhile at this point. The money I have left in ANEP is insignifiacnt at this point, so, I can wait and see what happens..

glta..

ctb..before you bash me, please share one positive piece of news about this companany since the RS.

g

"the sp drop was due to weeks of non-stop and concerted pre-RS doom-hyping and hysteria-generating - let's not forget that or minimize that..."

the share price drop was SOLEY due to the RS announcement and the gross increase in AS. PERIOD. the market has now factored that "potential" and inevitable dilution into the stock. That is why the SP plummeted..

why no PR's? Because their is NOThING to PR.. Period..

they say don't fall in love with a stock, but you and AENP should get a room!! LOL


glta,

g

"Where's the dilution that was going to start the day after the RS?"

patience, patience, its coming...they need to get the volume up..ALOT .. before that happens.

So, yes, some big PR is sure to come and attract all the new lemmings to this stock,, the only winneres will be daytraders and , you guessed it, Bitters and crew..

so, when that happens... you'll get an

" I told you so"

from me.

and it WILL happen..

funny how quiet GEH has been....the once proud father of AMEP. lol

g

I disagree..you said "Now that he has over 35% of the new AENP his interests are aligned with the shareholders."

When these guys do a RS and take a 35% share of the compnay, they are fully aware that the stock price won't hold. I bet he is hoping for 25% of what its worth today. Remember.. he is still in the green, even when the price drops!! Unlike everyone else on this board.

So, as I stated earlier, the volume should pick up, some euphoria will ensue, the price will shoot up, to $1.00 is my guess, maybe higher and when the volume is sufficient enough, they will start to dilute. You won't even see it comin.

just wait and watch..

all IMHO,

g

"CB has told others and myself he's not interested in selling shares until the PPS is much higher. If he just starts selling shares he's also diluting his own ownership.. "

why doesn't he tell the shareholders!! not just behind the scenes. How about a well thought out plan to share with the people that kept him in business for the past few years?? Is that too much to ask?

He would have to dilute the stock 96% (24/25ths) just to get back to break even 'for him'. Trust me, he isn't worried at all about dilution, imho. What he does need is volume, and that comes from PR's.

wait and see...

glty,

g

LOL, it was only 500 shares!! I thoght my prediction was coming true today!! LOL pretty good guess, eh?

glty,
g

True, I have made some good friends thru my online investing cirlcles as well.

But how about some 6 month predictions on where AENP is going from everyone? Like a contest.. It will keep it interesting at least!

The winner gets a "good job, pat on the back".

Any takers ?

glta,

g

why don't you share what your prediction is and we'll just see who is closer to the truth in , say , 6 months?

Don't worry, I won't be on this board much anymore. Just to check out the progress of our gentlemen bet. If your right, i'm gone. If I'm right , your gone. fair?

If it goes bk, were both gone!! LOL

what do you say?

g

next for AENP::

Soon, a series of PR's should come out. Something quite good to get the trading volume up alot. My guess is that they will try to get it to almost $1.00. Then, when the euphoria is in full swing, they will dilute 5 or 10 million shares to get their cash.

If you dont sell up near the height of the euphoria, you will be holding this stock forever. I have seen this happen too many times..

So, my last sell order is in for .95. Lets see how long it takes to get their. Remember thats only .038 pre split. But for CB, its a windfall. Thats how they play the game.

Its a shame this stock has come to this. Really thought we had something here.

It seems GEH has moved on..his work is done here apparently. Wonder where he is now?

g

AMTD shows fine, I was talking about the shares in my account haven't updated yet. But FISH said yet should be able to call it in. But I don't see any trading at all yet.

I would guess the volume will be 25 times lower than before the split. So , my guess it trades between 10k and 60k shares/day when it does start trading.

oh yea, thats good for the shareholder...

AENP - Absolutly Endless Non Performance

and it looks like they can't sell 1 share. Does anyone's L2 show any shares traded?

Ameriturd dosen't show the symbol change yet.. maybe thats why..

I can't , only 30k traded so far. What is that about 1000shares post split?? LOL

I have been selling when I can... The volume is so low, that it makes it difficult. That 50k @ .014 was me yesterday.

Did you buy it? you seem pretty confident..

your right about one thing..

"enough horse-shit to sink an aircraft carrier"

That, CB has plenty of, and I still think his warehouse is full!!

Wow, how delusional are you? What makes you think CB will have an eppiphany and do the right thing? And if you think for 1 second, the negative posts on this board are sinking this ship, and not CB's stealing at the RS, the increased AS, no meaningful PR's, etc. Then maybe you should do yourself a favor and sell all you have, if you can, and get stay away from the stock market, you'll save your money.

glty

That may be true but I think this company needs too much money right away and there are too many AS shares available for any near term gain. The only hope for longs to get out is if CB sets up a nice pump and dump with the new shares. This is what I expect to happen. I have seen it too many times before.

ghua,(God Help Us All, lol)

g

post spit this is trading 10,000 - 25,ooo shares per day.

This stock is at a point where even if you wanted to sell, you can't.

not enough volume, unless you want to tank the thing yourself.

Someone mentioned nothing has changed with the RS, boy, is that wrong.

500M new shares, CB owns 25 times more shares than yesterday.

As long as the stock doesnt drop by a factor of 25 after the RS, CB makes money. do the math people.

And if the PR does come out? he will sell,sell, sell..so dont expect a sharp rise in SP for quite awhile folks.

They would have never done the RS if they wern't positive it would pass. I would like to know who really owns all the shares in AMEP. Could be surprising...

g

Amep has given this stock no chance to go forward. they need big bucks to keep things going. How are they going to do that.. well the 480,000,000 shares is a nice place to start.

If they come out with any 'good' news after the RS, then lawsuits will be a flyin... holding back info til CB gets his 25-1 split is a criminal act in my book..

do your own DD..

and please don't delete this message like you did the last one.

this board needs to be fair and balanced...

g

616,800 shares traded today..thats 24,672 shares post split..

How will that help shareholders?? anyone?? If they try to dilute into that , were in for quite a mess..

you forgot to RS that pole, should be 500ft. LOL

like the post G. very true.

I knew this RS would pass, I said it a month ago. So, its no surprise at all to me.

I believe the only way AMEP will be able to raise money is by an offereing to a private concern thru the sale of shares. After the RS, the volume here will be so anemic that anyone with a large share position might find it hard to sell if they wanted too, let alone AMEP trying to raise cash.

Until AMEP can prove they have anything to pump out of the ground, then this investment will languish.

Never thought I would get blindsided so badly on this OTC.

We are all waiting for GEH's summary of things to come. I think his opinions have a record of maybe 1 out of 10.

Still waiting on that golden cross!! LOL

g

Lets do a test for CTB. No bashing of this wonderful stock for 5 trading days, If its back up to .o4 cents or so, then CB was not to blame for the entire drop. How about it everyone??

g

"breaking his heart"..LMAO..tell me that is a joke to lighten up this thread..please tell me it was a joke that he said that...

if it wasn't , .. then I'm speechless

g

"CB is still the company in the sense that he provides leadership and vision and initiative."

wow...don't tie those blinders too tight now...


Can you give examples of these 3 attributes CB has? you know, the ones that benefited the shareholder in the past year??

g

great post... GEH's near silence is a bit baffling. You would think he would be supporting this stock a bit more like he did in the past. Just don't get it.

Unfortunatly, this RS has to pass and it will. Without it, my guess is there will be no money to do anything at all.

Is it true that earnings will be out a few days before the RS vote?

That is another oddly timed series of events. So far, imo, no news means just that, there is no news to report. The only thing they are hiding from us is the lack of any results achieved.

what a complete disappointment this stock has become.

And for people to blame disgruntled shdr's for the drop in sp and not CB himself is just amazing to me.

ghtl(god help the longs),

g

"I am motivated by my belief that CB really has something in the ground, really wants to pump it out faster in a more organized, methodical, maybe even <shudder> more professional way...and I think he wants to get bloody rich."

Then why doesn't CB just share that info with the people that OWN the company??? That's why the share price is in the toilet. Not this board. People are selling based on insufficient info from the company.

Hey, if CB gave a dam about shareholders, then how about a CC to clear the air??? But the truth seems to be that he wants it all for himself and his buddies. Even if their are reserves worth waiting for, I don't think he will ever let the shareholders enjoy the profits.

Looking for another DCBounce to be out of this thing.

I have tried very hard to understand why anyone can believe what the compnay has to offer is a good thing, but I just can't.

glty,

g

Havent posted in awhile. I ended up selling a few months back around .35 for .05 loss. After the report came out I looked further into the details of the reporting company. They have info of how stocks did after they released a report and the results were lousy. The financials never came and the volume was gettng anemic.

Just dont know enough about the company and interest is nill.

Doesn't mean its a bad compnay, I just didn't want my money in such a high risk investment at this time.

Good luck to all still invested, I'll check back from time to time.

g

dont know what management is thinking but, after the RS the 1.5M volume equates to about 60k a day. Not very liquid if you ask me..

And that first dead cat bounce wasn't too impressive. Hope to see a couple better ones soon.

This is a daytraders stock now thanks to CB. fundies dont mean much anymore.

g

Boy, that list sure makes me feel comfortable about how CB will prudently sell shares of stock.. yikes..

alot of overseas stuff in there to boot. Thanks for the info.. I think I need drink or three.

g

Its the way you talk about it, as if it is fact, when, at this point, it is clearly not.

And where did this $5 Million finance deal come from? same place?

g

I wish you would quit refrring to this statement of JUNK until it is verified by a filing or an official PR, not some rumor on the board. You are worse now than pseeker EVER was!!

If it is proven to be an actual fact , I will apoogize.



"jc personally told me the conversion of the preferred is 1% every 90 days or 200k shares. should cb convert the preferred's like clockwork and the max shares allowed it would take him 8+yrs to convert"

g

The RS isnt really the big issue here imo. Its the preferred shares CB will use to steal the compnay away from the shareholders. He will then grant options up the wazoo to his cronies, just enough to have enough shares for a majority and then he won't have to even look at a shareholder again.

That's the real potential problem. And when is the Padgett#12 and Nash FACT? Show me a PR that states production numbers?

g

just one word..wow. Maybe GEH is the worst stock picker ever..and he can no longer show his face again. Those stock picks he gave(post #910)..all of them..are quite amazing.. take a look.

but do your own DD!! doh!!

g

" I see a company sitting tight and wanting very badly to release information"

What are they waiting for?!?!?! Nothing is holding them back!!

My god, how blind are you?? Taking a risk is one thing , but how you can sheepishly follow CB into the dessert when he offers you Nothing, not even a drink of water, is amazing.

g

alledged is a pretty loose term...Alot has been "alledged" here in the last year and a half.

All they had to do was increase AS to 750,000M. Float a decent PR and Sell 200M shares for @ .04/sh(NAV, supposedly) would have yeilded $8Million dollars!!

I dont think the stock would have dropped this far if they had a plan of action. All this talk about "alledged" production fron #11,12, Nash is a joke. Why doesn't CB inform his shareholders? Because
A. nothing is their of value to report or

B. he want's to own this compnay outright in a year or so which leaves nothing either way for the shareholder.

g

:from another post:

"Production, we know the existing wells are eeking out comparetively small amounts of O&G. The Padgett 11 is alledged to be a $1-3 million dollars a year well. The Padgett 12 is alledged to be 2 times the Padgett 11, and the Nash Murphy is to exceed both of the Padgetts. They claim an additional 6-8 Padgett 11's exist on the Padgett lease (with the 5 million dollar people waiting in the wings)."

excellent post, and that doesnt include the 60% we already lost since the RS was announced.

The only thing left here is a daytraders paradise playing the dead cat bounces..

they will come in short order, you'll see

g