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pro, good post..LMAO
perfect timing..just got filled on 5k at 17 cents.
18 cent offer, cheap...attractive...might add....
Mr Bitters gonna make you money son! Just don't sell too soon. He is up to something, paving the infrastructure to the road to sucsess
Thanks! I agree, you don't need to have an equity position to post.
So are you here to warn un-suspecting newbees, or to trash the company out of spite.
Both questions are rhetorical, and need no reply. I know the answer already...Thanks...
Lovethatgreen, do you have an equity position in this company?
Good Morning to one and all, hope you all have a good day.
I'm glad I have a good sense of humor, otherwise, my feelings might be a little bruised..LOL
I'll only comment on the last question. The company cannot raise capitol (JV'S) till the SEC signs off.
Doc there is alot of mistrust on this board and others. I wasn't part of the past, so I come in with a clean slate.
And I promise I don't play those games!!
CTB,
First of all, i'm a regular investor whom wants to profit from AENP just like the rest of you guys. And I don't consider my post's holding any more weight then someone like yourself who has had to go through hell the last couple of years with this thing. I'm a relative newbee who's learning curve as been very steep, trying to catch up with you guys.
These are not my opinions but have been told to me directly by management. Everyone here has the same access to management that I do.
The real question at hand, where the rubber meets the road is, do you trust what your being told? I do!
And as an assiatant moderator thank you for the advice, I will make sure I state whether any fact I post is an opinion or otherwise.
The company doesn't think it's a great idea to publicly blame the SEC for the lack of news.
I don't know the name of council. Will try and find out.
I thought the 10Q was pretty much in line, except for the smaller production numbers.
But I didn't take a large position in AENP based on what the company looks like now, but for what "I BELIEVE" what it will look like a year from now.
I know some here doubt the SEC excuse, but it is a reality, and untill they sign off, continue to expect less then, even mediocrity.
LOL....Now "roughnecks" are being glamorized.. They are kinda sexy don't you think. Hardhats, dirty tee-shirts, grimey, greasy, missing teeth...what a country..
FYI...The powers that be are thinking of passing legislation, allowing oil/gas companies to put oil/gas reserves on the books.
To date, you can only claim what you paid for land assets
Can anyone say PRI!!!!
Claude,
North American oil & gas is the place to be. "American Energy" is positioning itself to be a player down the road. Once the news flo begins, hanging in during this painfull quiet period will be well worth it.
Thanks Hawk...
Good morning to all longs, shorts, and everyone in between. Will see what the day brings. Lots and Lots to look forward to with this little gem.
You all know my optimisim regarding AENP by now, but will respect all points of view. Just please no mud slinging, unless it's downhole to prevent a blowout in a high pressure zone. LOL
Man can live 40 days without food...
7 days without water...
3 minutes without air...
But not 1 second without hope..
author...risk
Still no 8K. Everyday I wake up, I think this could be the day. Just a matter of time.
If Charles has the ability to take wells that our non producing/barely producing, and with new methodologies, make them respectable. $$$$. There are thousands of leases all over texas that meet this criteria
I'm starting to broaden my definition of "immininent"
From immediately... to,... soon to be...
Yea, I know. I'm looking end of 09, all wells, treated, new tubing, casing, ect.....Producing...
I wonder whats going on at the PRI?
If that down hole heater does the trick, and changes the viscosity of that axle grease.
Lets see..175 wells pumping black gold?? $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
..$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
From the most recent filing.......
"In March 2008, the Company purchased oilfield property and equipment for a price of $150,000. The terms included a cash payment of $47,000 and a note payable for the balance of $103,000. As of March 31, 2008"
Looks like those 2 rigs are going to be mighty busy soon...
Didn't mean to offend.. But taping phone calls? Little extreme don't you think? Did Bitters know he was being taped?
Anyway.. I do have one question for those who have been finacially hurt. And now bash the whole company.
If they pr that the sec has signed off, and if they give an explanation on the lack of info, and if they start p'r-ing lots of good stuff, proving the company has not been deceptive, nor duplicitis,
will you jump back on the bandwagon?
there's still plenty of room...
Oh Bother!!!
Now I heard it all..LOL
Hmmm..81k traded..
Enjoyed both of your post's. It's good to see a little silver lining amongst all the dark gloomy posings. No critisisim! Just good to see.
The one fact that I see this all boiling down to is the SEC. They haven't been able to raise capital in a capital intensive industry, due to the SEC. If thats true then that answers all the questions on WHY HAVEN'T THEY?????
We either choose to believe it or not. If you read their last filing, they report they have come to an agreement with the SEC, which were waiting to be finalized.
Were also told our attorneys have put the GAG on the company telling them to keep their mouth shut till finalized. So I would expect then, will know what the companies been up to for the last year or so..
I sense a bit of hostility directed towards anyone who has an optimistic view of AENP.
Doesn't matter that I showed up a few months ago or not. The positives are I don't carry any of the baggage that can skew my view on the company. The negatives are I don't carry any of the baggage that can skew my view of the company.
I believe were all hoping for a positive outcome. Will see whether my positive view or your negative view comes to fruition.
Cool. It's amazining the technology being introduced into the patch. With $140 oil, there's lots of incentive. Creatiity is americas strenth.
Only got filled for 300+ shares. Way to hold tight longs.
Thanks contractor... Now i'm going to have to go against my own words and move up my bid..LOL
For all those who are down on the company, and feel charles has, and will continue to run this into the ground...
I will have a bid in tomorrow morning at 20 cents. It will stay at 20 cents regardless if I get filled or not. If you want out, here's your chance.
In a way I hope i don't get filled and you all share in the future.
You 2 guys are a bundle of joy....
They own 2 rigs, maybe 3, the'll be punchen holes through-out texas..
Sorry! Hard to control my enthusiasim
Their a c-hair from profitability. I hear charles is a tight-wad..Thats fine with me...
4+ million dollar market cap. LOL LOL what a friggen joke. I've been buying eary and often.
The company won't say anything till the s.e.c. signs off. You can file as many comlaints as you wish, but the companies legal advisers have told them "YOU DO NOT" say anything till this has passed
Question is are they telling he truth? I know for a fact the answer is yes...
Don't sell any more cheap shares, you'll be kicking yourselves. I have nothing to gain or loose by you holding or selling. Just would like to see you come out ahead. After what you all have been through "you deaseve it"
Sorry, reserves
Reseres were calculated by a independent entity. they can be trusted
so total reserves are ober 500 million? not bad at all