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They don't
I have been trying to tell you folks for sometime now. I have lived in the middle of one of the most productive oil and gas fields in the U.S. and my family have leased to oil companies for over 50 years. This is not a typical oil and gas investment, and I question if it is not on the way out as we speak. eom
Looks like
enova laid an egg after the release that hybrid trucks are questionable. I have been preaching that for some time now. Anyway I think I have decided to turn this into a political page. It's time for all you good patriots to speak out and end this deadlock in congress. Let's vote out all incumbants and get folks in that are responsive to the will of the people. Let's take back our country and send the foreigners packing. What think ye?
I think
this is the week this thing gets nailed. eom
Attention investors
Goliath 65 in just a basher, or a pumper who knows. Check his out on the other boards. This board is dedicted to those that have a dislike for enova.
I wish ena could
make a profit sometime in the near future. 30 years is a long time to wait. eom
I used to invest in ena but gave up after years and years but still follow it everyday.
Join the new enova board
Hayhauler welcomes you to his ena board. Say what you want as long as it is clean and follows the guidelines set by those in the know and myself. Have fun and happy investing.
Welcome to hayhaulers enova board. Here you can tell it like it is. A lost cause. Everyone is welcome to voice their disgust of this stock.
mom
Something to think about. Don't know if I entirely agree, but it's good to hear someone willing to voice your views on concerns others have rather than dismiss it. It is folks like yourself who give some validity to these boards. I guess we can always agree to disagree until such time as all our questions are answered. It's the die hard pumpers that need to settle down and realize that the average investor here is wondering what is going on. It just makes you wonder at times who is on the up and up. eom
Question
Is there any indication that amep is doing anything?
Since the rs, there has been no prs. Not even the pumpers have ventured a guess. Now what really troubles me is the fact that there was a need for an rs which would lead you to believe that they were short of working capial but if no shares are sold which is the story from the longs then how could there be any activity? Add to that the fact that and lets be real here, these are the best times in modern history for the oil industry. Now--- if you check out small oil companies in the Barnett Shale around the Ft. Worth Denton area it is impossible to find one not profitable since 2003. So what's the deal with anep? Leads me to believe that either the leases they own are not productive or the formations are just too difficult for a company like anep with its limited resources and lact of drilling equipment ( which is by all accounts actually water drilling rigs but ok for shallow wells, or they simply have no idea what they are doing ( which when you consider they failed in the 80's could explain away the continued lack of performance in the field. Anyway you have got to question even if your a stuborn long what in the world is goig on with aenp. eom
Actually this company is a joke, and if it were not for a 45 to 1 reverse split it would not be worth a penny. It survives on govt. subsidies and that means we tax payers have funded this for over 30 years. Companies such as this should be shut down. eom
Why would you want to post level ll, it is depressing.
You have got to be kidding.
doc
If the so called company has nothing to report what else could they do but be silent. duh................
All I can say is this is nothig more than a joke. And some of you take this seriously. It's even to the point now that the money makers are getting out. Does that say anything to anyone?
That is obsurd to state
You sell gas, it is contracted you don't sell here and there.
What a joke. Wake up.
I just wonder how dense some could be
Just suppose CB could care less if this ever becomes viable. If it fails who will get paid off first? The 2 million note plus anything added on. Now if there is no cash then whatever assets there are. Does that tell you anything? The bitters end up with everything and it is all legal. Then any wells that are or could be working will be ramped up for production. WOW you mean the wells are drilled with money from the investors, and all the proceeds could end up in Bitters pockets? You Think
Has anyone noticed
the number of money makers that have dropped this thing. That's a sure sign of things to come in my opinion. They know what's going on and when to move on.
gandalf
Have you not noticed the decline in this so called oil company stock? The truth hurts, and novice oil stock investors are the ones that get stuck with worthless shares. I'm sorry if you are so bitter as a result of the lack luster performance of aenp, but you the same chance to get out that we did. C. B. is a second rate oil want a be. He could't make it in 80's boom, and he's not doing much better now. It's just that simple and you are caught up in it. When are you going to face the fact, that he has muffed everything he has tried with aenp. He can't bring in a well going on three years. Unless your void of grey matter that should make you think. You Think.......................
There was never a post where CB said that.
There was however a poster who stated he talked to CB on the phone and he said it. No post was ever made in regards to that statement. If I remember correctly the poster who stated that sold the next day and moved on. True or untrue who knows.
So
How many directors are there?
ctb
I don't agree about the stock price. I'm wondering if the rs itself plus the lack or prs as well as a lack of revenues after so many promises. It could also be the fact that it is questionable how any drilling company would be unable to complet a well in two years. JMHO
Goodness
There are only 4 bids above 13 cents and 10 below 13 cents. This is going to end up where it was before the split. Go figure.
Did't claim to be a geologist. Just stated that any one can go to the court house or go on line just as any land man does and look up the legal description and see what liens are on the land and by whom as well as the lease history of that section. It gives owners of the land and minerals or mineral owners if they have been sold and their addresses. You can also look up anyone like say Bitters and see what mortgages the family has had against their property all the way back. It's all personal and most folks don't even realize it's public record. It's alright to look it up, not a good idea to blab it all over the internet. You should check it out as most of you here don't have a clue.
I gave you the tip,
it's up to you to do your own research. Have a nice day. Check it out.
By the way
I just gave a novice like you the best way to actually check this out and you just pushed it aside. Tells me all I need to know. It's easy and quick. You just have to take the time.
RJ
There are thousands of acres in the Barnett Shale that will never be productive. You can have the best well in Texas and right across the road have a dry hole. That's the difference between experience and novice oil investing.
Folks if you really want to know about this
Check at the county court house and find out who owns the minerals that is supposed to be producing. You can get the addresses and phone numbers. Call them they will always talk about their wells. Just tell them you are an investor and be ready for a chuckle. They will give you an ear full. Seriously this is the best way to know the facts. I have folks asking me about my wells all the time. After that you can decide if you want to throw your money away or not. By the way, many counties are putting all that info. on the internet. You can get everything you want to know. I really doubt if some here want you to know this. Have a nice day.
You can joke,
But you had better check to see if there is anyone left in Mineral Wells.
contractor
Do I see you changing you attitude toward anep? Well done.
ctb
I appreciate your kind comments. Believe it or not I have a college education, and was a public speaker. But as you get older you find yourself slipping a little. No I don't use spell check. Just doesn't matter as much these days. Have a nice day.
After the rs and the lack of prs, if there is no major news and I mean major, many will start selling and this will not stop slidding until it will devestate most investors who have been hardline supporters. With the shares now available I don't know if C.B. will care too much. Now if CB is truly concerned there will be significant movement as the company should have the ability to produce new wells. If that does not happen by Christmas it will be obvious that this is nothing but a penny pit.
ctb
One last thing. Got to go to the fair. You might want to sell if this goes up the first couple of days after the rs, as it will fall shortly after that and stay there for some time.
ctb
Good luck in your next venture. You will learn a very important lesson here on investing in oil and gas.
contractor
Those wells have been so successful the company has had to do a rs just to keep going. If it costs more to bring it up than it brings in the only ones making money is CB and company. Where does that leave you?
contractor
Why were they there? Did they get drafted? Don't you get it? You're asking folks to invest in a company that has people running it that are fly by night oil men. They weren't sussessful in the 80's and were in Iraq in the 90's. We're not talking about a filling station here. It is a highly technical industry and it involves a lot of investment, experience, and knowledge. These guys are shallow well experienced at best.
Contractor
I know that sounds like a lot of oil, but it's not. It's actually just a drop in the bucket. I have one well that brings in that much a month. These wells just don't produce enough for an investment company to support the number of shares that will be out. It's that simple. CB and family will do alright and they are guaranteed a salary paid by you plus royalty. After the taxes, royalty and wages are accounted for it's just not much. You will have to have a lot and I mean a lot of production to make this cost effective for an investor. Just my opinion. It sounds like a lot, but bub it isn't. Operating expenses eat you up unless you have a really good well.
Actually
I have been on amep boards for years. In fact I quite possibly could have been the first long and I mean long that questioned this and got out. Good call on my part, I think. Don't you? Anyway at least folks now see this for what it is. I see this going quiet for awhile and then the pumpers hitting another wave of newbies as soon as CB gets his capital going after the rs. Then it's the same ole story and it will be business as usual for a couple of yeas. How could anyone in their right mind critize someone who has called this what it is? That is the question. How could someone delete a post that questions such activity to warn newbies to do research before dumping hard earned cash in this. eom
The question is
Have you gotten what you wanted?
Anyone notice
Where have all the pumpers gone long time passing. They got what they wanted. CB got what he wanted. How about you?