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On June 8th amep was approaching .o7 and i was in the winnipeg airport returning from a fishing trip...I plugged into a rented computor and was rudely awakened by co info on a reverse split...when it became apparent the CEO was not going to split his preferred shares and was taking a third of the company for himself EVERYTHING changed...I did my best to vote against the RS but it narrowly passed and that is the sad story....No one got hurt more than me, my wife, kids and friends... Ugly... over and out.
Zaf,,,I have to crash your b. party in Dec.....dont forget the prenup....unless she is richer than you....Congrats!!!!!!!!!!!!!
Not helping matters much is the fact that NG is down 15% for the year and 13% for the last week or so....Probably a great buying time for NG as fall and winter come.
CPNE....read about it this a.m. on the THK board...also check out the financials on CPNE....ready for a squeezeeeeeeeeeeeeeeee.
cada...running now..37- 39
top 5 samll cap list and CADA just made the list....where were these guys when the stock was 4, 8, 18, 28????Amazing, now that the big boys are in it they can push it into the 40s.
NUmbers??? 330 abstain, 164 against, 263 for....that is 757,000 shares....do those numbers add up to more than the outstanding shares? anyone?
New NANO paper security product introduced THIS week could be used to check on passports, greencards, diplomas, drivers licenses etc......SDGL.ob at .10....please see the chart....product could catch fire like Almi. See the chart....co has redefined itself and shed the problems that hampered it several years ago.
sdgl.ob....anybody riding it....chart is good...nano paper for security, port security, etc.
your post is looking good today gary.
should read sdgl.ob which is different from sdgl.
yep, that was a good one...i am out of it now and fooling around with sdgl.
CADA up 4.62 today on fantastic earnings...I am living in the emergency room after the fall on amep .... ceo getting very bad advise from greedy financiers.
locked and loaded on THK.
OH GOD!!!!!!!!!!!!!!!!!!
I hear ya...hey, where is Stan these days and what does he like?
CEO proposed a self serving reverse split of the common shares 1 to 25...but not his preferred shares which would give him control of the company if voted in on Aug 17th....battle lines are drawn...the oil and gas are there and reportedly they are delaying results of 3 new wells until after the vote....If succesful on the vote there will be pipe financing to bring in millions to drill but the terms are uncertain and some fear this is not in the best interest of the holders of common stock.
Yes, but it is a fact that clarity from the company is missing and that adds fuel to the fire.
cada trying to get a foothold in china...another new high.
got 100,000at .0186 and 400000 under .02....dead cat bounce?
The point is the plan or proposal can easily be revised to make it less one sided and the wells can still be drilled....
One of the most tremendous stock price collapses in such short order that i have seen speaks volumes about why this proposed deal is BAD for shareholders....It must be revised or withdrawn is the message of the street.... The decline is a REBUKE of the CEO's attempted power grab....amho
cada just hit new high at 29....good ride from 4.....if ceo of amep withdraws the RS and his refusal to split his own preferreds, the stock could double or triple from todays close in a matter of minutes...if he doesnt get shareholder friendly real quick, suits are going to start flying ....messy.
Note how the CEO of amep wont release the results of the drilling of the High, the 11 or the 12...but he wants 30% of the company in his RS power grab because HE has the flow figures and knows what he has with amep....Looks like big producing fields and if the RS is approved he will be a very rich man at the expense of the shareholders....The company has no debt and he wont go to a bank....just wants to grab shares and control it all....I never saw that coming....when i returned from canada on June 8 the chart was pointing up and the stock was .o64....one month later....028....nasty, no two ways about it.....If the RS fails, which i hope it does, they can drill slow and watch it flow....should be a really nasty battle until the vote.
Where is the JUSTICE for the Shareholder if CB gets his way?
CB's group will be STEALTH BUYING your shares between now and Aug 17th because they dont have the vote yet....
CEO resigns at OG co: Heartland oil BOD replaces CEO and indicates new area of success coming and new "attitude" coming and stock jumps today!!!!!!!!!!!!!!!!!!!!!!!
wlbne...I dont have the private access....thanks for the thought....I am not sure of what active role i will take...I am waiting on the PR or letter or whatever form of notice the company puts out....This board is blessed to have so many intelligent posters who now have their eyes wide open....The evil is not a R/S per se but rather the TWIN TOWERS of deception: the preferreds and the A/S after the split....JMHO
The simplist answer if often the best answer: The BIG BOYS want thousands of new acres to lease in and around our leases!!! CB hasnt released the current production numbers for 11 and 12...CB PRESENTLY owns minimal shares of amep(for a ceo)...the share price has dropped almost 50% since the Pre 14 find by an infrequent poster....CB threatens to fold the tent if he doesnt get the RS and 30% ownership which will enrich him in amep shares....so, is the fox guarding the hen house? Simple answer may be: POWER GRAB by CB...the big boys are begging for leasees and buying em up like crazy....remember one thing "even CB admists they can go slow without the RS....JC said the same...so go slow and vote down the RS if the A/S and preferred remain as we suspect...CB has to disclose production on 11 and 12 and inform SHAREHOLDERS or the vote fails.
Lets see...even CB admits they can go slow without the RS....seems to me JC said the same thing....therefore, vote it down and lets go slow ....CB you have to PROVE PROdUCTION before we give you even a 1 to 10 RS.
Just some property and some wells...some unaffected completely...rather complicated.....texas holdem....Benny Binion and Doyle Brunson and Slim......
Thought for the day to JC and CB: "Usually when people are sad, they don't do anything. They just cry over their condition. But when they get angry, they bring about a change."
strong volume on THK today.
Gand.....Your getting personal really helps no one... just attacking the messenger...did it ever occurr to you that maybe legal type opinions are being sought and that this is much more complicated than meets the eye? I for one, would like to see a letter withheld until CB lays his cards on the table....just my opinion of course.
flush...he is worse than Trump and Paris H.
The more C.Sanders posts, the more he shoots himself in the foot...sounds like a princess who shops for shoes at nordstroms and pays full price for a pair of ugly shoes....what an arrogant attitude....glad he is not my neighbor ...He thinks he is the Savior? I am starting to like more of CB's old, slow ways....but not the RS,AS and preferred mess which i oppose.
on the other hand, 33 inches of rain this year on site but they were continuing to DRILL....hats off for the effort in all that slop and mud.
cautionary enthusiasm!!!!!!
extreme vortex of negativity is done for now...imho....rsi is attractive and stock is unbelievably oversold...all my opinion only.
Do your own dd but to me this looks like an entry point...I am taking advantage of the pre 14 mistake and so are a lot of others...dont rely on me for buying or selling..i have and will continue to add in my ira.