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Merry Chritmas to ALL.
Nice to see the price runnning up. Last trade at .45 as od 10:05 CST on vol of 102,580.
A little stocking stuffer for us all.
Howard, Merry Christmas to you. Hope to see you next trip of to AENP.
Steady_T
As a royalty owner in several wells I can tell you that I would not likely answer a question from a stranger about my well production or what we are being paid for gas.
I will discuss that info with royalty owners of other wells in the area if those people are known to me.
They appear to be different.
The pattern of lightening holes in the tail ribs is different.
They have changed the caption on the still pictures.
"Below are pictures and video of the December 13, 2007 flight test of SAS-51 and additional graph data."
A tempest in a tea pot.
wahaw14. You must know nothing about insider trading regulations.
Gees guys. The photos were obviously mislabeled.
Considering that the third picture shows the vehicle itself in the picture it makes it pretty obvious these picture were taken from the top of a tall building. Probably all taknen it the same time including the main one showing the vehicle against the campus background.
My guess is that the correct picture will be on the web site soon.
MPDanford. You are most welcome. I wish that we had more data to share.
JC used an analogy that the BDC process caused us to become dead in the water. That was resolved, the boilers have been re-lit. It takes a bit of time to get steam pressure up and start the screws turning. From there you get up to speed.
We are in that process. That is pretty vague, but it seems to convey the situation.
Mdhas55. I'm sorry that you are down that much.
Lets hope that you can get it back plus some.
Demanding information out of people is not going to help you get it.
Freemarket has paid for his trip and expenses to come down from NY and is spending 4 days to look around. If he wants to share any info he gathers, it's a gift to the rest of us. He pay the expenses, we don't.
I did see 11 and 12. The Phantom rig was no where to be seen.
I can see the puns coming from that line. I did ask about it's location and activities and was not given any information about it.
I mentioned the comunication vacuum to JC. I did ask about the BOD. The are looking for people that have the time to devote to the company and the right skill sets.
I did not sign a disclosure agreement. I didn't receive any info that would require one.
There was a pupmjack running on the 12 well. There was a pumpjack on the 11 well that was being worked on.
I was with the group of three investors that went out with JC yesterday and toured the well sites.
We saw most wells with pumpjacks pumping away. Two wells were im maintenance mode. WE saw several older wells that had been converted into injection wells to provide onsite disposal of water.
The Challeneger rig is still in the yard. The Phantom was not to be seen.
On point of discussion that kept coming up was the amount of hostility on the various boards and how ay information given out was ridiculed and used to hurt the company.
It seems that there are posters on some boards that actively do things to hurt the comapny.
Freemarket is going to stay in Mineral Wells for several more days and hopes to meet with CB. CB was not available yeaterday.
My overall impression is slow progress and things are moving forward.
We received little hard inforamtion and nothing that could be considered insider information.
Let the slamming begin.
Free... How long are you going to be in town. I live in Arlington, TX about 100 miles up the road. I'd like to come to weatherford and meet with you and CB.
Tom
Not exactly a Draconian punishment is it?
Cole Dude.... You don't know what you are talking about.
Can you describe the effects of shooting at an non level target on the trajectory of a bullet? Please feel free to discuss the case of uphill and down hill shots seperately.
If the vehical is overhead, it is an easy shot. But, if the vehical is at 3000 ft alt and 3000 ft horizontal distance, the shot requires some serious firepower. Most non radar guided AAA use tracer rounds to facilitate the aiming.
Are you postulating automatic weapons using tracers?
How many folks do you think have 50 cal rifles to be shooting at aerosats?
wonderful theory, based on no facts. Proceeds to a predetermined outcome.
Station keeping for many days at a time is what border survailence is about. That precludes using non-electric fueled vehicles.
A far as being shot at by folks on the border; You would want the vehicle some distance inside the border for several reasons. First you really don't want to look straight down, you want to be looking at an angle. That way you can see much more detail about your survalence target. Second, you don't want your ship to cross over the border if something goes wrong. You want some place to bring it down on your side of the border.
Imagine how difficult a shot it would be to hit a target 3000 ft up and 1 to 5 miles horizontal distance away. Without tracers, you would have no idea how close you are to a hit.
I'm pretty sure that sensors on board would be able to tell if the vehicle was being shot at. Either acoustic sensons listening to the shockwave from a bullet or hearing the sound of a bullet hitting the envelope. If that were the case, the vehicle would start looking for the shooter, He'd have to be reasonably close. I'm sure that after a few folks were caught for shooting at the vehicle, that sort of thing would drop off in frequency. There are systems being used in Iraq that can tell the dirction a bullet comes from by acoustic triagulation.
A problem that would be made very much easier by the large size of the vehicle. By placing the acoustic sensors far apart you get much greater accuracy, and aerostats are big.
The biggest problem I see with using these things is dealing with storms. Historically, that is what destroyed most LTA ships.
I think you are in error in you value for lead acid battery storage capacity.
http://en.wikipedia.org/wiki/Lithium-ion_polymer_battery
The link is of a Li-ploy battery which is 1/3 the weight of a lead acid for a given capacity.
They show 130-200 Whr per KG of battery weight.
That is consistant with my experience in flying electric RC planes with a Li-poly battery.
The problem is no different that that faced by the Mars Rovers....You have X amount of energy in from the sun on a good day, you set up an energy budget to use what you think you can and still leave enough in the bateries for a few bad days.
Inverter technology has gotten quite good. You can buy compter power supplies that are 85% efficient. If you are willing to pay more, they get more efficient.
notall survalence is about getting in and getting out,like the SR71 was used for.
There are all sorts of situations where station keeping is more desirable. Border survailence seems to be good example
-Nobody seems to consider that these were seperate divisions, companies that had been acquired as I understand it. As such I'd expect them to have their own accounting systems, bank accounts etc.
The numbers were for revenues, there should have been expenses to go along with them. We don't know if the revenues were expected to be enought to offset the expected expenses.
We also don't know what, if any, net profit was expected to show up at the home office. For all we know, the plan was to operate at breakeven to acquire market sahre. If so the home office would expect no monies to be sent up to it, but they would expect to see the billing numbers going up and expenses to go up with them.
The above is just a guess as a possible reason for how things went for 8 qrts. In a way that would make sense.
This might have no relationship to what really went down. But, since we are operating without hard information, you can make up all sort of scenarios to fit the limited info alvailable.
S
Or like many such scam artists, he is quite good at covering his tracks.
I suspect that the SEC won't remove GTEM from scrutiny until they are convinced that Joe et al. were not working with higher ups in the company. And that is as it should be.
His letter of resignation said he had been board member for 2 years. That's not a short time.
TD Ameritrade will trade AENP via the internet.
That would be fine with me. It would take some serious events to make that happen.
That's what I heard at the meeting.
SAMdashada......I'm not clear on this....
Did GTEM receive a WELLS NOTICE ?
PR out from the company about the Wells notice.
If I recall correctly the share price the day prior to the RS was 1.2 cents.
1.2 X 25 = 30 cents
Last 6 trades were at .38. Looks like we are holding ground since the RS.....
I know you don't like good news, but there it is.
Oh Rats....... No massive dilution, nor grab for mega numbers of shares.
The sky didn't fall as scheduled.
Oh my goodness, what's an investor to do?
Could it be that CS is really trying to get this company to produce oil and gas?
Nah, no one would believe that.
There are way to many really smart people that have assured me that this is a grab for control of the company and that the company will never produce anything of value.
Doom is just around the corner. It must be. It has to be. There just is no chance that this company might actually produce oil and gas.... is there ?
Did the report indicate whether the clean up issue was taken care of by the time the inspection was made?
Thanks for the info.
Steady_T
That is a more plausible statement.
Booksmoker...... "almost all longs bailed out long ago"
So what do you suppose happened to all of those shares that the longs bailed out on?
Did they just evaporate?
Did they suddenly get retired by the company?
Did they get eaten up by the monster that lives in the sock drawer?
Did the shorts buy all the shares that the longs held?
That is the silliest statement I have read on this board in a "long" time.
My experience with RS is that they hold at most for 1 day and then there is a big shake. After that the price starts the down trend.
We shall see if it holds as you suggest and then starts to drop.
News would be most welcome.
I have been trying to buy in the spread all day without any luck.
I had hoped to pick up some shares on the MM shake after the RS took effect. So far no MM shake.
Too bad all the negative nabobs were wrong. I was looking forward to buying more at .10 to .15
Don't let your keyboard hit you on the backside on your trip away from the board.
I guess you can't stand the possibility of positive things happening so you feel the need to cut and run.
I can't say that I'll miss your negative outlook.
Thanks Gandalf.... My Atrade shows AENP now also.
Tomorrow we see what the price is going to do.
Steady_T
Yep... That DTC.
You had AENP shares in your account on Friday? Sweet. As far as I know you are the only one.
Anyone else have AENP shares available on Friday?
I just spoke to the transfer agent to find out when we can expect the new AENP shares to show up in our accounts.
They say that DTC is dragging their feet a bit, but when he mentioned that the number of shreholders makes a difference in how long the DTC takes in getting the shares out to the brokers, I said there were 5000 shreholders. He replied that would take some time for all of the brokers that hold shares in the street name to get back to the DTC.
The process is that the NAZ approves the RS. The transfer agent make a request to the DTC. DTC sends out a request to the brokers for all of the amounts helds in street names so it can calculate the fractional shares. They get that info back, run the numbers and then send the new shares and amounts to the brokers.
The transfer agent said by the end of the week at the longest. More likely sooner than that. Ameritrade suggested that Tuesday was when they expected the shres in.
FWIW
Steady_T
What your Ameritrade doesn't show is your AENP shares in your account yet.
I suspect that the MM's are waiting for enough bu and sell orders to line up so they can match them. Without a supply of ANEP shares to sell that is going to be a challenge.
Bid .10 Ask .50 on Ameritrade LVL II.
I had to call Ameritrade to get their computers to accept the new symbol.