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Janice: Your persistent subtle drumming that KSWJ is a dud seems to be lighting a fire under the share price. Please keep talking KSWJ down, okay? You are drawing in more buyers, it appears to me!
EMIT: Good stuff!
Keep up the great reporting!
I've had the same gut feeling: that this SEC investigation is more politically motivated than anything else. Since WHEN has the SEC given a rip about shareholder abuse in Pinks?
JP: OT: Grab some shares of REV if you have an itchy finger to buy something. Don't wait until Monday to buy if you plan to get any.
JP: If I knew TRULY how many outstanding shares there currently are, I might be able to stretch my hope and give you $.10 for this at some future date, but I really don't think a person can trust the one-third million shares outstanding they keep throwing out there. In pinky land, I think you double that amount easy and be conservatively closer to the true amount.
Then you have the naked short shares. No way of truly knowing how many naked short shares are piled on top of one another.
What IF Mobil/Exxon felt slighted by not being given an offer on this EM-100, and someone decided to go with a Russian-connected operation instead? Don't think Mobil has enough petty cash to sick one of their hedge-fund buddies on this stock to keep it from ever getting off the ground?
In this game of BIG OIL ... you better KNOW they play some very ruthless games.
JP ... if you could sell this stock for $.01, I would say throw a big party.
Sure it can always go higher, with the right things going for it.
But now just remember one little negative with this company NOW: The SEC halted their shares from trading for reasons that sure seemed pretty insignificant to a lot of us. Other Pinkies get away with murder and the SEC doesn't even yawn. Why THIS little company? One wonders if there isn't some BIG OIL pushing the SEC to do what they did with KSWJ, for reason's we'll never fully know about.
Whatever the reasons truly are and/or were ... here's the negative that will remain for many months out: "Will the SEC drop the hammer unexpectedly AGAIN in the future on KSWJ?"
Confidence for shareholders plays a huge part in the share price momentum of a Pinky like this. Exactly WHAT has this company done to build existing shareholder confidence?
Crap ... if you want to look for "cloak and dagger" scenarios with this company ... "George Anderson & company" had one of the best shorts going they could have ever tried to find with this stock.
Remember ... the "shockmarket money-making mantra is" that you can double your money TWICE AS FAST shorting a sub-penny stock than you can going long on it ... providing you have the "right players" naked shorting it. MM's will accomodate - look no further. Where MM's are sleeping, hedge funds will gladly pick up the slack.
THERE ... having got all that poison out of my system ... I think picking up a million shares of this stock at around $.0003 to $.0005 WITH PATIENCE would enable one to double their money quite easily.
This company obviously has told us it's not going away any time soon. That's about all one really needs to know, I would think.
They'll release more PR's in their own good time, and momentum players will jump aboard. This is a decent value play, IMO, especially below $.0005.
Other's opinions greatly appreciated, of course.
JP: I get the impression from your post to Calgary that you don't like to be "wrong" or "scammed" when you put money into a stock. If so, you're healthy and normal!
Only problem is with KSWJ -- IMO, it's a total crap shoot -- pure gamble. You have a company here who probably was selling shares to survive before the SEC halted it. What will change that from continuing in the future? Once a company starts out selling shares to survive with no revenue coming in -- they tend to get addicted to selling MORE and MORE shares.
My guess is that this was getting naked shorted to death and the company knew it, which then meant that they would have to continue to issue more and more shares just to stay alive. The eventuallity of them having to do a huge R/S would one day almost be forced upon shareholders.
Until generous revenue would start coming in, I think this will continue to get naked shorted to death, simply because this is the kind of stock shorters LOVE to short. They know there will always be momentum spurts to short, and they know the company can't do a thing about it. Shorters KNOW this company doesn't have shrewd enough people to keep the share price propped up for very long.
We truly have had a bunch of very unprofessional people running this company. (of course that can change). Talk about masters of incompetence. How could this past bunch of fumble-butks ever run a successful operation?
Then you have the matter of the patent. If this EM-100 process was worth a plug nickle, you can bet Mobil/Exxon would be paying big bucks for it to either bury it, or use it.
Obscurity, obscurity, obscurity, secrecy,secrecy,obscuring: that's all they have been masters at. There are other factors as well that I won't bother talking about.
Pure and simple, this is a GAMBLE of the highest magnitude. If you can truly deal with your emotions that this is a high, high risk gamble, and if you lose every penny you put into it ... then depending on how much you can afford to lose and live with yourself ... it probably is a GOOD game for some small gain.
Small gain - I repeat - small gain ... with a ton of patience before you lock in that small gain, most likely.
My two cents. Forgive me for intruding.
Lucky
Hope springs eternal! Thanks Calgary ... (now I can get back to painting my house).
A decent PR would send this flying, wouldn't it?
Rizik: Too cool!
Caption written on the headstone of G. Anderson:
The woods were lovely, dark and deep,
But I made promises I couldn't keep;
I strung a rope on a big limb,
And hung myself to atone for my grevious sin.
Personally ... I believe "George Anderson" might be Osama B. Ladin, and if I was the SEC, I would look further into the matter. Afterall, the SEC could use a feather in their cap, I would think.
One thing we ALL can be absolutely, 100% positive about. The company is NOT interested in getting buyers for their stock right now ... at least not buyers who are willing to pay much higher prices.
PROOF, Lucky? They would have released some sort of PR by now, and/or would be doing something besides playing "secret agent public relations."
For whatever reason/s that motivates them ... they absolutely are convinced that staying SILENT best suits their purpose/s. That we can be 100% assured of.
WHY that is???? ... throw a few darts.
I hope ya'll realize that some years from now, you'll be telling the younger generation how you COULD have been a multi-millionaire had you bought up a ton of these cheap KSWJ shares and just SAT.
OR ... you'll be telling the younger folks the reason you BECAME a multi-millionaire was that you started several of your OWN companies like KSWJ and sold bogus shares to stupid retail investors like me ... BUT learned how to stay out of hot water with the SEC all the while making sure you never had a permanent address where someone could do a 3 a.m. driveby on your house!
John: Or maybe BOTH!
Johnsbus: Maybe it keeps trading so the MM's can cash in on their bazillion naked short positions?
You know that rich Saudi oil prince I refered to earlier? Maybe he has competetion - suppose?
Am I correct in my understanding? A billionaire Saudi oil prince could buy all 325,000,000 shares of this company for roughly $.0005 a share, costing him $162,500 to own the EM-100 process?
Almost maddening, isn't it?
Calgary: Are you trying to buy through your Internet Discount Brokerage account, or are you trying to buy through the grey market? Just curious.
Janice: I've been away from the board for awhile. Can you give your excuse (reason) for posting again, if you don't mind? Somehow I missed it, and if KSWJ has an enemy on this board, you sure come across as the leading nominee.
Rookie: One more thought. If a person has the coin, I would nab about 1,000,000 of INSQ before it runs much higher and just SIT on those shares as well. Though the nearly 5 billion shares outstanding is a big negative I realize ... the sector they are in and what they do has the potential makings of a $.10 to $.20 stock in a year or two. Maybe even higher.
Rare do you find a stock as cheap as INSQ is whereby you can buy so many shares. Sitting on a bunch of shares of a company like INSQ can make you a millionare very quickly -- like in a year or two.
INSQ sure has a lot more going for it right now than what AMEP had starting out, I'll tell you that much.
Rookie: Oh, I forgot to mention. You can't know how much I regret NOW selling those 3,000,000 shares of AMEP. I would LOVE to have unloaded them at about $.14 a share recently. I could find a lot of places to invest $420,000 right about now!
One may very well be looking at a "AMEP" right here with KSWJ. George is fumbling around just about as unprofessionally as CB was stumbling-bumbling around with AMEP a few years back, for what its worth.
One thing I've learn in playing pennies in the last six years is that sometimes a person can get so focused on the "scam ellement" of a company (and I assume 99% of these Pink/OTC's are nothing but share-selling scams) that they CAN'T SEE the potential there is in scooping up a million or so shares of a company below a $.01, and just WAIT. And wait ... and wait ...
It is NOT all that difficult to see a sub-penny stock run above $.10 a share IF it is in the right sector and they aren't constantly dilluting whereby a Reverse/Split looms larger and larger in the road ahead.
I've been a penny trader these last six years and still buy beans and rice when they go on SALE. I held over 2,000,000 shares of MOBL, buying it near a $.01. I was out of it under $.03, and patted myself on the back! Stupid chit, I was!
I held over 2,000,000 of MBAH buying them dirt cheap as well, BUT I listened to everyone elses advice ... "They're a scam!" so take your profit and RUNNNNNNNNNNNNNNNNN! ... which I did.
Only to realize I'm not half bad at picking winners, but I just don't hold them long enough to make the BIGGGGGGGGGGGGGGG return.
Well ... now that I'm nearly broke ... maybe I'll start making some of that BIGGGGGGGGGGGGGGGGG return the next five years!
One more thing ... I STILL have a gut feeling this company may just be legit, and sitting on a few million shares may pan out to be a very blessed experience for those who will just tuck away their shares in the back of a drawer and try to forget about them.
Of course ... with a PinkSheet, there is always the dillution possibility, and surprise R/S that can devour your holdings overnight. That's the greatest risk with Pinks that I see.
Rookie: IMO, AMEP is strictly a trading stock. It no longer is a trusted buy and hold. It had a predictable trading range from $.045ish to $.07ish range before their Q came out. Now it will establish a new support and resistance range, and it is too early to determine what that will be I believe.
Charles Bitters IS AMEP, if you haven't already figured that out. Read his Q. He IS the sole employee. How many Mexicans he hires to conduct business has never been released.
If you read back over past PR's, you'll see that there is always "promise," ... but he never gives out how much oil or gas he sells, which to me is an eye-brow raiser.
I was in the stock a few years back when he came out with his HOA-(????) "Snake Oil." Interestingly ... it was a "secret formula" he was experimenting with to get heavy earl out of the ground. The buzz was that his heavy oil extraction secret formula was going to make 1,000,000 share holders very, very wealthy.
He played up the "snake oil" but NEVER released any specific details about how effective it was. It eventually died about two years ago.
Credibility is somewhat lacking with him IMO. He seldom follows up with any credible updates on previous PR's.
Only thing positive I can tell you about him is that I called him on his cell phone while he was out in the field back in 2004. I told him I had nearly all my investment money in AMEP at the time (somewhere about 3,000,000 shares, I believe); much of my retirement money. He told me in his Texas drawl: "Son, don't EVER put all your eggs in one basket; not even in AMEP. I could die tomorrow, and this company would be history. Diversify your investing, now, will you promise me? I would feel terrible if you lost all your retirement money in ANY stock."
I'm serious. That is what he said. I dern neared kept all my money in AMEP just because the guy was so bluntly honest! I made a little money on the position but went elsewhere after a fashion. The "snake oil" was just too fishy.
Now ... he keeps plugging along, and as the price of oil goes higher, people are looking for little oil drillers like AMEP to park their money and just ride out whatever happens.
What MIGHT happen? There are a lot of people playing AMEP, so with the right stars in it's favor ... the stock could run very high this summer. Momentum can never be underestimated these days in little oil plays. They are nuggets of wealth.
And then there is KSWJ. I've always assumed "snake oil" ... but ... at the price you can buy it ... IF it somehow is the real deal ... Charles Bitters may be the FIRST to experiement with it down Texas way and make it a global success!
Rookie: AMEP's RB board resident is: Drillbit. Maybe you surmised that. He reposted a message on the RB MSEV board that has considerable merrit I believe. Here it is:
http://ragingbull.lycos.com/mboard/boards.cgi?board=MSEV&read=37520
If the price of oil should suddenly begin to drop, (would sure doesn't seem likely, does it?), I would expect the share price of AMEP to begin to drop as well.
If you are thinking about taking a sizable position, my gut feeling is that you can buy it under $.10 if you're patient a few days.
AMEP got a nice pop because it's quarterly registered some income. Minus any PR's for awhile, which is customary for the company, the share price slowly begins to fall back down. That's why I think odds are pretty good you can buy it under $.10 if you are a few days patient.
Whether it has been intentional on George's part, or whether it just turned out this way ... I've had this little thought going through my head every since the SEC shut KSWJ down that this may very well turn out for the good of those who plan on holding their shares for awhile.
The MM's have been playing this like a fiddle, and the longer they keep shorting it, (which you KNOW they have), the more this company may have been forced to dilute to stay in operation until they can start making some revenue from the EM-100 process.
This weekend suddenly got MUCH better!
OT: Anyone with powder playing GSHF, VRDM and/or INSQ? Sure looks to me like three stocks to put money in and just patiently SIT.
Here is a writing on oil/energy that many might find very insightful:
The Coming Oil Crisis
by Robert Kiyosaki
Utility Links
April 18, 2006
How many of you are old enough to have been working in 1973? If so, you would've had the kind of economic experience I did at that time. But if you were in school or missed the period of the oil crisis, get ready because those times could return with a vengeance.
I left the Marine Corps in 1974 and got my first (and only) real job with the Xerox Corporation. The U.S. economy was in terrible shape at that time. From 1973 to 1974, the U.S. was in the midst of an energy crisis, and inflation was in the double digits. Stagflation, a new word, had been introduced -- there was high inflation, but the economy wasn't growing.
Because of the energy crisis, I had not one but two cars. One was a Corvette, and one was a Karmann Ghia convertible, made by Volkswagen. I filled up my Corvette with gas on even-numbered calendar days and the other car on odd-numbered days. Also, the speed limit was cut from 65 to 55 mph to reduce gasoline consumption, which meant I was often pulled over for speeding.
Worst of all, as a brand new Xerox salesman just learning to sell, I found myself struggling to save Xerox copiers, rather than sell Xerox copiers. That's because back then, Xerox only rented copiers. As the economy worsened, one of the first items businesses got rid of was their Xerox copier. Each cancellation meant I had to sell two copiers -- one to cover the loss of the cancelled machine and another copier to earn enough money to put gas in my cars and food on the table. In some months, I was losing more machines than I was selling -- and was nearly fired several times.
Oil Prices Will Keep Heading Up
My reason for taking you on this trip down memory lane is because I believe we're approaching a repeat of that 1973-1974 crisis. Once again, oil prices are going through the roof. During the mid-70s, oil went from under $3 a barrel to over $35 a barrel. And in 1974, we were stuck in an unpopular war in Vietnam, a war we would not win.
In 1998, oil was just $10 a barrel, and today it is over $60. We're also stuck in a war we may not be able to win.
The difference this time is that things are actually worse than they were in 1974, at least in my opinion. One difference is that the oil crises back in 1973 to 1974 and again in 1978 were political problems. Today, the oil crisis is a problem of diminishing supply and increasing demand. In other words, this time, there really is an oil crisis.
Many people today believe that oil will once again return to the $35-a-barrel level and aren't concerned. Or they believe that with better technology, energy companies will find more oil, and happy days will be here again.
I believe differently. Not that I'm an oil expert, but in 1966 through 1968 I was hired as an apprentice by Standard Oil of California, where I learned a lot about oil and the oil industry. Although I did see oil prices slide back down in the 1970s, this time, I believe they will go higher, not lower. I wouldn't be surprised if we soon see oil at over $100 a barrel and gasoline at $5 to $12 a gallon at the pump.
Wealth and Energy
Pricey oil makes clear that wealth really is energy in various forms. And that means more than just money. If I'm correct, and oil does go over $100 a barrel, you'll see some individuals' -- and some companies' -- wealth equation look like this:
For people who live in the suburbs and must commute long distances to work, their wealth will sink as energy prices rise. The same is true for the airlines, food, and car companies, plus destinations such as Hawaii, which depend on cheap energy to grow.
For other people (and some companies), their wealth equation will look like this.
For people who invest in oil companies or own oil production, their finances will reflect this equation. This is why Exxon-Mobil (XOM) has recently replaced Wal-Mart (WMT) as the most profitable company in America.
An Alarming Gap
While many environmentalists, concerned with global warming, are thrilled that oil supply is on a decline (and we truly do need to replace oil with more renewable forms of energy, such as wind and solar power), there's another concern that must be considered. If energy costs continue to rise and our economy stops growing and starts shrinking, many stocks will crash, older Americans will not be able to retire, inflation may skyrocket, businesses will close or cut back, and jobs will be lost. Not only will we be facing global warming, we'll be facing civilized chaos.
The problem today is that oil companies are too short-sighted, the environmentalists too far-sighted, and politicians only concerned with being elected. As a result, there will be a gap between the end of oil and a conversion to less destructive forms of energy. In this gap, all hell may break loose.
In my next article, I'll go into what I'm doing to prepare for the gap, as well as why I believe the gap can't be avoided. In other words, it will not be 1973-1974, or stagflation, all over again. I believe it will be the end of civilization as we know it -- and possibly the birth of a brave new world.
As my greatest teacher, Dr. Buckminister Fuller, said to my class in 1982, "Humanity will soon have to choose between utopia or oblivion.... Do we work only for ourselves or for our planet?"
OT: A little Easter message for anyone who thinks a rabbit atoned for their sins: http://www.precious-testimonies.com/Exhortations/a-e/WhyTheCross.htm
All have an enjoyable Easter!
Lucky
Calgary: I have no intention of selling my shares if this even goes to grays. However ... I don't have my life-savings in this stock either, and when I put money to it, like all Pinks, I take a position fully realizing that I may lose every single dime. So many things can happen that is totally unpredictable with Pinks, as well as certain OTC's.
Lucky
I emailed George a bit ago, simply encouraging him. I asked no questions, and don't expect an answer back. Others may want to consider doing the same thing.
If this is the real-deal, our emails of encouragement might go a long way.
Have a blessed day at Pennyland Casino.
Lucky
Google caption may be of some interest:
Mcguirewoods Llp Mcguirewoods Kazakhstan Llp - Address Details ...The Legal500.com is the comprehensive web resource for legal professionals. With over 40000 pages it features on-line versions of The Legal 500, ...
www.legal500.com/us500/firms/r51422.htm - 7k - Cached - Similar pages
Website for McquireWoods lawfirm:
http://www.mcguirewoods.com/
Calgary: GREAT find! Thanks tons!
Lucky
Duelittle: I think your last post has meritt. People would ask, "WHO would like to put the screws to KSWJ?"
If the EM-100 does have meritt, a LOT would be interested in doing so, I would guess.
We'll most likely never know, if it happens to be a BIG oil company (who hasn't been included in the possible licensing process, or wants an EXCLUSIVE use contract, for instance ... or ... it COULD even come from Middle East connections. You THINK the folks holding the title deed to middle-east oil WANTS heavy oil extraction made more profitable in Alberta and other parts of the country?
C'Mon!
Furthermore ... we retail don't have a clue what other uses EM-100 may have in other technologies, that a couple past PR's have hinted of.
Now ... don't think I'm trying to make KSWJ credible amd honest, and implying this puppy will fly afterall. I have already prepared mentally -- expecting my money to be gone.
BUT ... I'm not writing this off totally as a lost cause so quickly. I have no choice but to ride this out like other share holders, but I'm NOT going to launch a witch-hunt against George or KSWJ to crucify their reputation and credibility until concrete facts are made public ... IF they get made public, I realize. That sounds pretty foolish to me of coming to premature judgment/s, because it may well taint one's decision to ride this out longer, and perhaps cause someone to unload their shares the first five minutes this starts trading again, if it does, and then cause them to lose out if it takes off and they have to buy at much higher prices.
I've always felt George has been trying TOO HARD to please too many people, and in so doing, spreading himself too thin. What was his motive? Again ... either his emails to shareholders was an honest attempt to give the impression that the CEO "cares," (and He might WELL care) ... or ... it was a means to buy time to sell as many shares of stock before the sheriff and his pose road into town to throw him into the Alligator Swamp Correctional Facility.
IslandKim: I agree with you. I really don't think the demands the SEC are making on KSWJ as anything the company has to be greatly concerned with. I too expect this stock to be trading again.
As long as the company is not outright selling shares and has absolutely no EM-100 period, I think a lot of doom and gloom is unnecessary.
If the company is on the up and up, and I'll give them the benefit of the doubt at this juncture ... I also believe this may very well prove to be the BEST thing that could have ever happened to KSWJ. It will put the fear of the SEC God in them, as will the right kind of IRS Audit. Once you been though one, you really don't EVER want to hear from the IRS again ... which is exactly the "trauma" they want you to remember. It tends to make most people a little more "honest" thereafter.
I want to thank everyone for all their posts here as well. I've been so occupied with other family matters and I haven't been able to contribute, but I read what you post when I get the chance.
I realize this may not effect the final outcome of KSW, but wouldn't it be something if "competition" is the one who has prodded the SEC to do what they did? It's been known to happen.
Of course, we retail most likely will never be notified of such, unless KSW were to sue, and then maybe, we might.
This is my first experience with something like this as well, so it's a good learning experience. Maybe the SEC is cracking down on Pink-OTC-Scams ... or at least give the appearance that they are.
At any rate, I agree ... let's keep snooping and sharing information. How else will we learn and grow?
All have a good weekend
Lucky
California: Are you off this board indefinitely?
Is this what KSWJ will look like in the bye and bye:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=fmnj&sid=0&o_symb=fmnj&f...
(In case the above didn't fly, punch up the ticker FMNJ)
Thanks Island!