Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Rhubarb,
This posting board is to share with each other both positive and
negative items about the company NAEG. I am a witness that you have done both. The basic truth. I do remember when you were positive as I. How-ever when a person reads only what they want to into a situation and ignores the facts you get a shinner or should I say a black eye. Thus a shinning appears....
A few months ago we had hopes of Native American Energy's Management doing the right thing. Plugger, I and others posted as such. I do agree with you that since things did not turn out the way we were told by MGMT in phone calls, PR's etc. we deserve to share such facts with each other.
It is a black eye to us, or shinning if you wish to say to be any different.
Post away sir.
RJ
Jag,
The problem with you theory is that they are hiring more youth to
their engineering and expanding the Marketing to outside sources.
For the first time they are now set for rapid growth.
RJ
Tech,
I am against a reverse split. As we are watch increased sales over the next year we will see PPS increases at a better % rate from where we are. I think we will be climbing quickly very soon, like after the next couple quarterly reports.
My opinion,
RJ
Charlie,
I have purchase many peices of equipment on discount at conferences. As far as the share purchase thing?
RJ
Tyler and Waite,
I am looking at .20 next year and somewhere over $ 1.00 in five years. I beleive it will be gradual with small jumps and smaller dips on the way.
Just my guess.
RJ
Waite,
I bought Ford at almost $ 3.00 and sold for over $ 7.00
Just timing I guess!
RJ
Sorry Shinning,
Still does not justify Native American Energy's behavior. I do not know why you keep trying to justify dilution and bonus for failure. They were the management. Wallstreet gives bonus for failure. Who's money is it anyway? It certainly is not theirs.
RJ
Searay,
The dumping says it all,
rj
Rhubarb,
I thought to would figure out I was kidding!
I'm with ya!
I will never ask you to be thorough again! I need a day off
just to read it!
Thanks,
RJ
TR,
JP Plantech has been huge for FASC in their contribution in engineering and testing.
Wrap 2004 was supposed to help Europe develope a use for the Paper mill sludge. It could not be dumped on the ground and is expensive to get rid of. The testing of the KDS used at the time
proved successful at the point of the end product but also proved inefficient as to its use. The sludge was 37% moisture, very sticky and would clump up as being fed. The problem was they could not get the system to work automatic. They had to have someone monitoring the feed stock continualy. It would clog
and sometimes trip a breaker. When they took a portion of completed material and mixed with the feed stock they had better results. The conclusion was successful but not as effecient as hoped. Still huge potential here now that we have larger machines, just need more money to continue improvements so the sludge can become a marketable material following the KDS process.
Wrap did show that their are markets for the product once processed.
Prince George had other issues. The sludge there was 70% moisture
and needed to be dried to below 9% preferably 5% to make the pathegen free product that could be used as fertilizer, fuel or what ever. The problem was the machines used on the project were to small for effecient through put. They needed larger machines or to have some sort of drying to 40 or 50% of the sludge before the machine. They ran out of money to continue on this project also.
Dust was a problem for both of the above. Brian has designed a solution for the KDS dust problems since then.
The above is from memory and I use that as my disclosure!!!
Per Brian profits from the energy portion of the business in which their present success is, will allow them to return to working on other uses for the KDS and continue to pursuing the business of Sludge.
I am on the road most of they day looking at projects and wish people well,
RJ
Waite,
I know that you asked TR, but I did talk to both Cal and Brian about that very subject. At first they wanted their salarys in
stock. They know the shareholders do not want the dilution. So for now they are looking at paying themselves from future profits.
From conversations a few months ago.
RJ
Jagman,
Good post. Thanks, I did the Ford trade thing also. FASC is a
different kind of investment for me.
Diversify is the rule. If I did not have that disipline I would own twice the FASC shares I have now. That would put me up with
"Big Fish" James!
RJ
jshuff,
You need to invest in a AMNE down hill flyer! (sled),
....they'l be comin "around" the mountain when they come....they'l be commin "down" "around" the moutain when they come...they'l be comin "down" the mountain, comin "down" the mountain and comin "down" the mountain when they come!!!!!!!!!
Go AMNE Sled!
RJ
Just funin, theres got to be an explanation somewhere, sometime?
Charlie,
Just having JP Plantech using, improving and marketing the KDS is a benefit to FASC at other levels. FASC is concentrating on fuel at the moment, how-ever they are hiring the help to assisting in the continuation of working the sludge to raw materials end of things. A continuation of WRAP and Prince George applications. It is a building process.
I am of the opinion there is room for trading and long speculating.
....so far I have not sold any shares, I beleive .20 will be behind us within a year. If I am wrong we will still be better off than we are now.
RJ
TR,
The key is... Who is marketing the KDS for FASC, what is their Financial strength, History, Are they already servicing similiar markets or are they experienced at developing markets and what are they doing in specific for the KDS.
Next is are they familiar with the benefits and limitations to the KDS. Do they understand what the industry uses are and in some instances what-ever the waste feedstock to resources could be and to what use.
It is all about making the connections to the proper market.
The above is going to tell us what the future is and I do believe
we are working with the right folks!
I am not a marketing expert, but I do a bit of it so I can install
my Sport floors.
RJ
champainting,
I hope it will be good for me also. Just don't know why
all the fuss.
Good luck for all,
RJ
Sorry Carlito,
Been here a few years!
RJ
Longs,
Whats with all the newbies, nothing but new posters.
Whats up?
RJ
Charlie,
With what we have going on, it would not be enough to interest me in selling shares.
.....but it would look nice on the Portfolio sheet!
RJ
Thinking about it...... I picked up 120,000 shares at that time!
Rhubarb,
I wish you would explain to me why Native American Energy diluted my shares, reversed them and gave themselves a bonus in a huge amount of shares after landing the company on the Grey sheets.
And ...why did they let my PPS drop so heavily when they could haved PR'd and explained away the very logical reason for ending up on the Grey sheets.
Stay on topic please and be very thorough.
RJ
Charlie,
I beleive the booth would be FASC's if there are multiple distributors with defined area's of representation. When I go to
a Athletic Director or School Administrators show I generaly have
a booth that show cases the variety of sport floors that I carry.
If one of my major supplier/manufacturer has a booth I may for- go
my booth and help represent them to collect the leads for my area.
Another sport flooring dealer will collect the leads for his area.
I compete in partnership with my manufacture against other dealers and their manufactures.
Just a thought,
RJ
Shining,
I did not dilute anyone.
I gave you the benefit of conversation. How-ever you have just showed your true colors. I am through with you.
RJ
Shining,
Maybe it does not matter to those with no ethics (morals).
RJ
Shining,
Reality is people in management that allowed conditions for stock to get to the grey sheets bonus themselves and me to dilution.
Real,
RJ
Shinning,
I am a floor installer, I already invested my money here. My shares were stolen/diluted? your pick.
No more non-reporting pinkie junk for me. I will hold my measley dilluted shares and hope that one day they will trade enough to pay for nice meal with the family.
$ 11,000.00 plus dollars "Good bye"
One day a tax write off?
I do wish you well, provided you are ethical.
RJ
Don,
I have called and not gotten calls returned. Maybe they know
you name. How-ever the exess in dilution says it all.
RJ
Shining,
Once again old news to us longs. And who was responsible for
the management at the time. Guess who? The one's who got the bonus of shares!
bonus for failure!
RJ
Shinin,
I find Rhubarbs comments on the button.
All of us can contact Ihub if we think you are going to determine OT for your own agenda. This board can discuss possitive and negative items per Native American Energy.
Native American energy is our company and was stolen from us through dilution!
RJ
ronle,
If you read the Statement by Company describing their bonus shares enough is said. I want mgmt to do well, just why eliminate the shareholders with the size of dilution they delivered?
RJ
Shinning,
This is not new news, read the date. As far as making money we
already invested our money here and it was dilluted no matter what you want to see. We do not have enough shares left to buy
the family a burger at a decent place.
$ 11,000 + invested for 1,000,000 shares. Now 100 shares at 1.85
if we ever see them at all.
Do your DD and Math.
This is not opinion it is an already experienced fact.
I am not against optimism, but cut the BS and have a heart.
People invested hard earned money here believing things we were told.
RJ
Shinning,
It is not the up or down in value that hurts people in the investment world. When they bonus themselves shares that dilute investors that is the crime.
RJ
Shining,
I have the same problem, but my incision is only 14". Staples
came out today!
RJ
Fox,
My million shares cost me $ 11,000 plus!
RJ
PS. It is my fault because I beleived the Management when
they told me things. It is also my fault cause I believed
certain Videos they published. It is my fault because I
beleived PR's..........
It was my fault. I now no longer invest in Pinkies!
Waite,
I was born and raised Grand Rapids!
Worked on 3 mile Rd till 4 years ago when the Company closed
and bought the Branch where I am so I could have a job!
RJ
Trout,
You are correct. Brian and Cal both have said the FASC is way
undervalued. But they both are not to concerned about PPS right now. I am not sure why. Maybe they want to pick up more shares
when they can?
RJ
Waite,
We are neigbors. I have property in GR, Cadillac, Midland area!
RJ
Shining,
You are wrong. The value .0001 was the trading value due to unknowns. The real value was much more or the Management would not have continued the operation or given them such a bonus for failure in the huge amount of shares they awarded themselves.
No one can deny that is stealing. Criminal behavior. There are many things I can legal do to employees in my company that would
be stealing and yet legal. The Law cannot catch up for every instance or possibility. Some things are trusted to ethical leadership. Does a person live by scams or creation.
It must suck to live a life knowing the dollars you spend belong to someone else.
A Caddie is never a caddie, a brewskie is never a brewskie, the clear mountain air is never felt deep by some when they breathe.
This life is all some will ever have.
RJ
Shining,
I made the calls.
No return calls from Native American.
Broker says transfer will be automatic DTC. If eventually it does not happen they will investigate. Not yet.
Transfer agent says Broker must request transfer.
RJ
Plugger,
I finaly got a hold of Pacific Stock Transfer. They told me
that my Broker has to request transfer, my broker said that is not
the way it works. My broker said it will be automatic through DTC.
I asked how can it trade with out its shareholders? My broker said " I do not know "
I wonder if Native american energy is holding off letting us masses trade so that they can have time to run the price up first?
I dunno
RJ
Fox,
My broker said the new tranfer agent is Pacific Stock Transfer
@ 702-361-3033
I have called several times and get a message that agents are busy serving customers and that their voice mail is filled up.
Anyone else have similiar experience?
RJ