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I don't get what is going on here can someone fill me in? Is John Allen the old or new CEO? is he in jail? who is the new CEO who ousted old management and what is his contact?
in Feb had we been told that in August the filings would not be worked out we would bombard the CEO with phone calls and emails. But being that we are like sheep following whatever hint of a new eta the wind brings we will be going into october with nothing changing. Maybe a full year, I would not be suprised. An accounting firm taking this long to get filings done for a small company is unheard of.
If it really was the accounting Billy could just have let go of Marcum in April and gave it to another firm that would get it done in a week or two. He can do that even now. ...
I am stuck in this thing until the public finds it. It is worth over .03 in my opinion where it stands Now. All the company has to do is disseminate the info / public awareness. They don't need to reach a $10M milestone..
Now, can you address the other issues that I brought up?
Did anyone try to message the CEO on twitter only to find out he doesn't open his inbox? This is in line with what I have been showing you all all these months; that management is not in line with shareholders. They don't give a damn about you or your shares. They haven't bought through the 80% decline.
They are getting a paycheck and that is all that counts. read my message history on this board.
hello do you guys have info on this company; do they have a site? the twitter page is down in the bio
does the CEO John Allen have an email?
can you please pm me your contact info that is exactly what I need to get happening with another shell.
do you know about the receivership process? can you pm me? I cannot send pm's
PGAS, we have not heard anything from management. I often see managment just let the companies die. I have never seen a company come back after it was delisted at least in the same shape.
Even when management has what to lose. I have seen a shell I am currently trying to resusciate as an investor by trying to find a RM candidate with investors having invested $8M over $1.20 per share and the shell with $20M NOL's in the oil/gas field. I wonder if PGAS would be interested in leveraging on this shell for the $NOL's .might be able to buy the shell for like $50K
yup. I don't bother looking at the price or board. I made my case here with no logical response. Management doesn't give a damn about the pps. They won't buy it. Shareholders are just a tool. They hired a guy just for rederic; to keep shareholders at bay. What's important here is for them to get their paychecks. a 70% decline in pps doesn't mean they should change anything even if it means little time and money. Like getting their pr out on substantial news outlets like globenewswire, pr newswire etc.
This is already making enough for .05+ pps but without management giving a damn about throwing shareholders a bone it's been down and stayed down in the .004's. The touting on this board doesn't do anything but spam it.
here we are with high oil and nat gas prices, great revenues, and languishing in the .004's..
when will this be trading again anyone know?
when will it be trading again though? why has it taken so long? if this was trading we would be up 150% - 300% now
$40M transaction holy shit
It is now July. We've been hopeful from Feb. Soon it will be august. I hope the doors aren't shut for good. not looking good at this point.
convertible debt is not the only option of ensuring it fails. And why would they need to go into debt? Revenues are not the problem. If you read my past posts you will see that the problem is a rather simple one; of not disseminating their news correctly and/or not giving a damn about shareholders.
so AUNXF could be making $1B in revenues and share price can be trading at .0003. Management is still getting a paycheck so apparently there are no problems.
going on 7 months and counting now. the issue cannot be the filings it doesn't take an accounting firm this long to do filings. No response to emails either. I will just be happy if this trades again at this point. I wish a major holder would give him an ultimatum or else class action.
end of year now? I say if he doesn't get his damn filing work done in the next 48 hours we should start looking into a class action. I'm pretty much done here. No response to emails regarding eta mind you. I am convinced this is not what he does for a living.
AUNXF has been the worst oil stock and is not a safe haven unless you call losing 70% of its value this year with management that doesn't care "safe"
I've told the board for a long time, management doesn't give a damn about shareholders. Other oil stocks are making all time highs while this is making new lows. The puppet IR they pay to tell you rederick is to just keep logical investors' opinions at bay.
I've spoken to another pub co CEO who said AUNXF is releasing news on the wrong channels. News does not disseminate on just otc they need pr newswire, globenewswire etc
the stars all align and theory becomes realty here when you start out with them not giving a damn as a hypothesis. No insider buying/share buyback down here still..... Why should they see value in the shares?? they are getting their salary from the proceeds. And they will keep it like that.
There really isn't much else that the company needs to complete in terms of milestones/ setting up new wells. The greatest milestone they can achieve at this point is the simplest: Start caring for the pps price. Get other news channels going. If they didn't make their not giving a damn about investors so obvious it would be trading over .03 now.
probably not lol here we are almost at the end of the promised wait and nothing doing. Will it be filed moments before the end of June probably not. I am expecting another excuse sigh
6 months is not an accounting issue. I hope it even comes back and it gets huge news as that is what we are owed and the determining factor for some to stay on board.
Tritanium cancelling was the nail in the coffin for this that left it dwindling to .02 from .20+ for the next 1.5+ years. The ramifications of ignoring our calls to fill the void went unacknowledged and here we are. clap clap
would it have been so bad to renegotiate as tritanium wanted below .10/.08? "sometimes" shareholder/pps interests should supersede emotions/principles. a.k.a. fiduciary duty
what's your take on this at this point? anyone have management's contact info? are they interested in an increase in pps?
what did he say? is he upset about the delay even? no eta still?
I think CEO may have run off. It has taken way longer than it should, no correspondence. From CEO's perspective does he think shareholders have any rights like asking for an eta? seems not can someone argue?
Renavotio twitter IR been down for months. Why would he cut the funding to IR?
shareholders, try to get a hold of him. Let the search begin.
guys read my posts on this board. I laid it out for you. management does not care for shareholders. there has not been insider buying past 6 months for a reason. I learned of managements incompetence early on and shared it with you guys.
There is no feeling of urgency to get the pps up. If management would be compensated in 75% shares things would change. Deals would get done. They would care what channel their news was disseminated on.
They will still be earning a pay check when the stock trades at .001. They can always RS it which I have believed was their plan all along. After RS stock falls 70% mark it.
you try to get the message across or past Brian or whatever the IR's name is. Friendliness does the job here. Whether there is a sincere feeling for appreciated pps price (a.k.a fiduciary duty) is another question.
can we all do our part and contact Billy for an eta? I did my part and no response.
Is he available to be reached? this is a public company.
can someone who disagrees address why we shareholders should not deserve an eta immediately?
an eta that means something that is
thank you for your response and understanding I am not criticizing you. Yes, so I am puzzled why he would say soon, when it is a month later and no word.
what is your take now? on april 4 you said you spoke to billy who said everything is fine and "filings done shortly"
indeed that is the post I am responding to for others to refer to
either you didn't speak to billy or filings done shortly was a lie
Guys, it's another week soon another month. When will you guys put your foot down and say enough is enough so we can all be on the same page? I am not ok with this 4 month wait and counting with no eta, no 8k with a follow up, and NO CORRESPONDENCE. emails about eta go ignored.
this is a public company.
Some of us could use our funds at this time. But it is locked away. And we seemingly have no right to inquire about it. And are told to be happy??
can you guys give this CEO May 15 deadline to deliver? are we going into the summer months like this? If we do, that is the point of no return.
I said this in my last post here, you guys don't think this is at the point of ridiculous yet? Doesn't take this long to get an audit, 4 months now? and no sign of an eta let alone correspondence?
management not the best here? If management wanted to or if they had the motivation, they could get this thing over .05. I never messaged them about what another CEO said about them; that they need to release news via pr newswire, globe newswire, etc and not otc. I just don't have the faith that I would be doing something other than wasting my time because I have established they do not care. Maybe someone else can light a torch up their rear to get this thing to move. Still no insider buying to display confidence here.
thanks for the info. can't believe RIII came to this.
thank you. He already said end of March. I don't have as much faith as I used to with a new eta but nevertheless it is something. It is good to hear he has responded to somebody.
this means filings will not be completed very soon, at least before we are to get an 8k on the new eta whenever that may be. What good are these eta's at this point after we missed the last 2. The last straws of reassurance for me.
"filings done shortly" it's going to be another month soon.
did you really have the call with Billy?
With each day that goes by I am more concerned I will not see my money that I invested here again. Billy has gone blank; he is not responding to questions about when filings will be done.
Is there anyone here that can say this is a fair treatment to shareholders coming from what is supposed to be a public company?
It's been too long. feb -april and no response. Don't like the way we have been treated. still no eta.
April has come and gone. I have not received a response. This is no way to run a public company. He seems to have ran off with our money. No correspondence. Will this ever trade again? Can all us shareholders be on the same page? We have legitimate concerns.
There used to be a time where I vetted for this company and got friends in. Now the pressure is on they are asking what will be. What am I supposed to tell them? CEO is not acting the way a CEO should. Twitter IR not around. No ETA on when we will be trading again.
I will be happy if this ever trades again.
yes kind of what I have been thinking. Part of my investment was the integrity which is out the window. No response to my emails. Must we bend down to be answered? fiduciary duty?
Lesson learned. I'll be investing in a solid board of directors in the future, where CEO's can't run away with peoples money. Pretty reckless. This thing deserves to be trading at .01 given the nature of what transpired.
Shareholder loyalty out the window. This stock was a sell and never return after the saving-grace Tritanium fell apart.
at this moment? It's been 7 months. they couldn't get it over .01 if they tried. The trying is what I am talking about. they are not interested. please read and address all the points in my previous post.
I think it is pretty basic to expect a ceo to have the foresight to avoid wasting all this time and doubts. I invested here because on top of the business I thought there was integrity. Not sure if I will continue sticking around IF this trades again. This is my position, even if the only option is to wait.
Pretty disappointing from .02 to .25 back down to .02 and delisted in 2 years. Especially considering how I was told this was easily worth .25 a few weeks after the name change and $1.25 the next year. We are lucky if this trades again let alone over .04
here it is: post #20562
Gutinstinct
Member Level
Monday, April 04, 2022 2:13:01 PM
Re: Js123 post# 20560
Post#
20562
of 20776
I have talked to him on the phone. Everything is fine and filings done shortly. Then we trade. Then we fly. He will discuss much more on the phone versus email in my opinion. Love the direction we are headed ! :)
I thought it was you, I can't find the post yet. Please be rational. No one including you are ok waiting this long. Are you ok waiting yet another month without knowing when it will be trading?
this is not fair to shareholders.
didn't you call Billy and he said we will be "trading soon" like 2 weeks ago. April has come and almost gone. I am afraid this will not be trading again. There may be deeper issues than we think. An audit for such a size company does not take 3 months and counting.
good to see you here lottalead. Yes I am here. I don't have much faith in the integrity of this management. I have had email exchanges with IR that made me think they didn't care much for shareholders. The present is a corroboration of it.
I had spoken to a otc co CEO today who told me a major part of AUNXF problem is that their news is not being disseminated properly. AUNXF is releasing news on otc when they should be doing a better job of getting exposure via pr newswire, globenewswire, etc. I do feel that if this is fixed we should be trading well above .04.
I am not sure if I should bother spending time to discuss this with IR as I have little faith that they care for what people have to say.
The points you make Lotta may be true BUT, understand that if AUNXF is doing 10x the revenues it is not a sure thing that it will be trading over .01 due to other issues I feel are due to managements incompetence.
Will they heed shareholder advice? better job on news exposure?
name change?
insider buying to demonstrate confidence?
I think there is a good chance there will be a reverse split before this stock sees .03. And it will fall another 70% thereafter.
it's not fair to us. next week was too long. if it will take next month then there is no limit and I will start worrying if it will ever come back. this should be the last week. we need an eta asap.
How long can we remain in the dark it's been 2 months since we were trading. Hard to understand why ceo didn't have the foresight to start things earlier to avoid this.