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while you are at it, do you know what happened to the revenue from the shipments last year? Dont you think shareholders deserve to know? Or is that better hidden too?
Sure dont see where I called him a crook, LOL that must be your opinion. LOL Why do you spend all day defending him? You dont want the public to know his past? Dont you think that is material information? LOL Should we hide it?
sounds like them wanting to use Enermax creditials backfired on them. LOL
posting fluff pr's without any financials invites questions and people to do their own dd. Some people make their own bed and have to have others defend them having to sleep in it.
did I see anyone asking for audited financials? Simple updated financials can give a prospective investor a good idea of the condition of the company. Can they be manipulated, yes,by crooks. So what you are saying is you dont trust his unaudited financials?
I did not say he was a criminal. Quicken? LOL My kid that is 11 uses it also to keep up with finances.
I own a few myself. Most legitimate people have implemented an accounting system that can spit out updated financials as fast as you can stroke a computer key. This is 2011, no 1950. I can assure you I can spit our updated financials on a daily basis. Certainly anyone expecting the public to take them serious would have updated finacials prior to a merger. Do you want someone running your business that cant give you updated financials on a timely basis? That is a sure fire way to lose control of your business, not knowing where you stand.
Dude, this is just one of many deals out there that this dude is part of that is shaky. Would you like me to post the lawsuits? Part of DD is uncovering the past, correct? Why is you you blast me when I am trying to help? Could it be that you do not want people to know his history?
Trapper.
Oil and gas leases and partial assignments are recorded in the Deed Records of the County in which the well is located. If you purchase an interest, it is your responsibility to record that interest or it may not legally be yours.
Your statement that partial interest are not recorded does not make sense. If it is not recorded, it is probably not a real interest.
If he is unprofessional now, with no financials, how do you expect him to get any better later? Too busy to take care of business now? WOW
Hawk,
Any legitimate company can have financials ready with the stroke of a keyboard in a few minutes. This is 2011. Accounting software from Office Depot will do that. It is not rocket science, don buy into the "Getting them Ready" BS
westyboy, You want to bash those guys when GSRE was the Scam?
The reason you are down is that this deal does not look legitimate. Come on dude, a buyout, or merger without financials first. LOL or no filings LOL
That is so funny. LOL Call the company to do DD on them. LOL That is like asking the used car salesman if his car is a good deal. LOL NOW THAT IS FUNNY, I DONT CARE WHO YOU ARE WEEEEEEEEEE
Found this........Interesting.....
In April 2008 Enermax Inc. contacted me and introduced me to their joint ventures. I was not sure about investing but the saleperson by the name of Matt Wolcott made the prospect look promising and kept on calling, multiple times a day, and then finally I agreed to invest in the smallest investment that was offered. It was 1/8 unit in their West Janice 1 venture. Wolcott claimed that the well would be drilled and I would get my monthly checks starting August 2008. However, it is now October 2010 and they kept on coming up with new things that needs to be done with the well.
Recently, I have done some research and background on Enermax Inc. and I discovered that they are in conjunction with Seisma Research LLC and some legal records actually indicate that they are partners are some of their "projects" and West Janice 1 is one of such.
This leads me to believe that Seisma Research LLC is not working alone to scam people, but there is an entire ring of these deceitful theives.
This was my first investment experience and I cannot help but feel that I was cheated and scammed, a feeling that I know you all can share. I am not a wealthy person and all I wanted was to make a little extra income during the hard time for the future. Honestly, I really regret investing in Enermax Inc. In these 2 years worth of time I have many sleepless nights.
wondering what to do.
I was raised on the principles of honesty, dedication, and perservence. I worked hard like all of you to earn everything that I have. It disgusts me to see companies such as these lie and cheat to steal from us, destroy our dreams only to indulge themselves.
There is hope. I have been contacting the SEC to launch an investigation, the media to put pressure on these companies, and finally writting to my state's representatives.
It breaks my heart to see so many of you like me are victoms of these scammers' greed. However, it comforts me to know that you also like me are trying to fight the people who stole from you. I have been trying to get justice by myself but I know if we ally together we have a greater chance of winning than each of us striving alone. Once we form an alliance we will bring these fraud companies to the ground.
Contact me at quinnxavier2008@yahoo.com
and we will figure out together our next step of attack and in the end get our justice that has been long delayed and the money that we earned with our sweat and blood back from these pathetic, greed-driven, unamerican parasites.
It looks like previous management borrowed money, did not pay the bills with it, and issued themselves stock, then left town. The only catch is, they have to let new buddies run the company for two years before cashing in on their retirement stock.
good luck, I hope you get rich. LOL By the way, what problems do you think I have? We all have problems.
could you please show me in that article where is says anything about strong financials?
lj, you are exactly correct. Do you think a legitimate person with merge with this non performing, non compliant POS?
yep, everyone gave sebastian a chance to deliver. He never delivered any cash. LOL Same old story over again, rinse, repeat.
could you please tell me why it should be over a penny? Do you know the OS? AS? Cash flow from Junk? Or did you just talk to someones brother in laws sister neighbors cousins daughters daddy?
what is the value of the company? How do you know without seeing financials?
what advice did I give. I only post DD. You have to make up your own mind. You are a big boy, I could care less if your boy or sell.
I am just posting verifiable DD. These boys are the ones who are responsible for their actions or lack of in some cases. Sorry, but I do not care one way or the other, just do not want to be scammed again. If what I post saves one good guy from a scam, I am happy.
Stanley boy is president of AER Energy Resources, and they have not filed one bit of paperwork, so dont get your hopes up here.
nice run today boys. Try again. Report all of this to the SEC. LOL
If you were a crook in 2004, you are probably still a crook in 2011. If you dont believe that, keep investing with them. Good luck, this is a pump and dump POS stock.
What BS? It is valuable material information. Like it or not.
please show me where he was released of all claims? Did he get his building back that they foreclosed on?
old stan hasnt file anything with his AERN company either. So dont hold your breath on him doing anything different here.
Almost home,
I posted verifiable DD on the dude, you are the one commenting that it is negative. It is none of your business who I am or what my position may be. If you do not want to use what you read, ignore it, it is that simple. Have a great day.
This does not exempt filing for 4, change in beneficial ownership.
ROTHLMAO, you cant buy a public company without doing filings. That would never stand up in court, any transactions and he could personally be responsible instead of the Corp. LOL He is living on the edge if he conducts any business at all. LOL
lol He would be more of a man to own up to his mistakes instead of playing the denial game. LOL
Does anyone know how the pilot rail program is coming along?
8k,
Did he disclose to you on your phone call that his management team, who are his daughters, helped him with this bail bond deal that went bad?