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For those shareholders who have not emailed me regarding the amount of their investment in RGNO, I would greatly appreciate your immediate response, which would be in complete confidence. Again, my email address is:
sandyrossnyc@ix.netcom.com
Having computer trouble with AMGG. Has nothing been posted since yesterday's # 44338 at 2:50 pm?
FYI
I added myself to their website, and when it went down, I emailed the address listed. Here's the reply;
Sorry about the delay in responding, but I have been dealing with some personal health issues and am now back in the saddle after a week of respite.
The AMGG site is not suspended. As you may know, we are working on the official corporate website that outlines the strategies and will be the best source of PRs and info.
We are also working on a complete rework of the ABI website into a full service social networking site for the industry. It’ll be a first and it’s huge insofar as using resources, plus we host several other of our sites on that server and the straw that broke the camel’s back was when we added a new module to the ABI site and all the sites went down. We immediately removed the sites and got them onto much more robust servers as I instructed my IT team to do. Well, they didn’t move the AMGG site because it is not a website, but just one HTML page and the suspension was part of the default suspension of all sites on that server until the propagation completed.
The IT crew did move the NEW website, which is one day from completion and launch once we make the last minute adjustments to incorporate new information from AMGG.
There will be a lot of information on this site that is now not known. I just got off the phone with John Cangiano who is the President and has been really tied up in getting the holding company unfettered from the past owner/managers and after speaking with him I was impressed by his desire for full disclosure and transparency and I have been instructed to make this website suitable for that purpose.
I apologized to him for the mistake and I do so to you if it cost you an consternation.
Look forward to the launch of the website as soon as the domain name propagates again, which is stated at 24-48 hours by the registrar, but I’ve seen it happen much faster.
Again please express my apologies to anyone you know who experienced any concern and you will see a whole new management style of open and honest communications coupled with regular announcements of verified real growth.
Have a well-insulated day!
Marvin
Got the Peavler. Thanks.
Re: Peavler Prospect Private Placement document 7/23/07
Sorry to ask again, but for some reason it wasn't saved on my computer, as I thought I had done. Whoever has it, please send it as an attachment to an email to me.
sandyrossnyc@ix.netcom.com
Many thanks
Have not seen a post since # 44195. Is this correct, or am I having a problem with the site?
Thanks to you both.
Thanks. However, the information from 2007/04/20 down to 2007/02/01 did not show anything other than the dates. Why?? And this was the period of the big run up to .26
I can't find the Peavler document of July 23, 2007. Could someone please send it to me by email, or give me the site where I can find it? Thanks.
Thanks. I have this in the file of documents that I am fowarding to the attorney this week, for his review. Will post after I speak with him next week.
As it turns out, I sent an email to an attorney I know in NYC, who, along with his partner, are outstanding. Prior experience at major NY firms, graduates of Yale and Harvard Law School with honors, and one represented a client of mine so I am personally familiar with his work. They have class action and securities experience, are interested in our case based upon my introductory email, and would handle matters like this on a contingency basis if they took it. However, they don't know the monetary value yet of the case, so we'll see how they feel after reviewing that issue.
I will be calling him at 4:30 pm tomorrow to give details.
BTW, when the stock went up from .05 to .26 in the Jan-April 2007 period, did anyone keep records of the amount of shares traded each day, along with the share price?
I really hope they would take this case, as I am extremely confident in their ability. If they agree, I'll then advise everyone who wants to be part of the class action who they are. At this time, I will not publish their firm name.
Any immediate suggestions of what to tell them in my call tomorrow are welcome. I do have plenty of information previously sent.
Excellent. When such a meeting can be arranged, I'll let you know. It all depends on finding attorneys around here that are willing to take this on.
I am going to start out now to find an attorney that can file a lawsuit against Jerry as well as AMGG because of the recent stock share manipulation. There are attoneys in NYC I know, and there is this firm in South Burlington, VT. If I get any kind of positive response from any lawyer(s), I would then plan to personally go see them. I live in the southern Berkshire County, MA so both NYC and VT. is about 2 1/2- 3 hour drive. If anyone is located in these areas that would want to attend any possible meeting, let me know. I'm sort of tired of waiting any longer. What ever the SEC or other government organizations do, it will be years, and I don't care to wait much longer.
I'm still trying to locate Texas attorneys, but as my son said in an email, it all depends on the amount of damages in order to find an attorney that would take this on a contingency.
Once again, management said there are 82 shareholders, other than the management. I've gotten info on investments from 17. Please let me know if you're interested in joining a class action lawsuit, and if so, let me have the amount of your loss, paper or actual.
I really can't remember the figures, but it is possible that the shareholders, who now own 373,919 shares, but previously held 500 times that amount, had a majority of the o/s when they did this r/s. That's another issue to be determined in Court.
And regardless of what NV might hold, I am of a firm belief that the fiduciary duty officers and directors owe to its shareholders will be a most important, and possibly deciding, factor in any lawsuit against AMGG. I can't get over my belief that they will not be able to convince a Court that it really was a requirement in making any deal to do a r/s. That's just plain bs.
Lots of issues, but lots of time to have justice done. I, as well as many others, will not let this go.
Once again, I understand and appreciate your advise. Now comes the however.
However, I believe that there are other factors that have a play in this matter. For example, I believe that officers and directors of a company have a fiduciary duty to its shareholders, and one such duty is not to f__k them over. Our Courts scream about doing justice and fairness. And that is what we want.
Is it the simply majority of o/s as opposed to a/s?
Although I understand what you've said, in this case, the supposed reason for the r/s was a requirement of the deal. I don't believe that to be true. There was no reason for it to be true. I don't believe a Court of Equity would believe it either.
And I don't know about the requirements of notice to shareholders, but that too will be discovered. I for one will not simply accept the explanation that this is what is done always with pink stocks, and just walk away. Business as usual in the world of pinks does not equal theft of shareholders value. We shall see.
Have again asked my son for a referral in Texas, where his firm's main office is located. Also sent him the post re the AMGG preferred to common share issue.
You completely miss the point. My complaint has nothing to do with what was told to me today about a PR etc. That was just information related to me.
The issue is what was posted last night about the new preferred shares and conversion to common etc. Are you not a bit upset about John now owning 25 million shares, with the company set to own another 150 million, while the shareholders who invested now own a total of 373,919 out of 500 million authorized again?
I understand from someone who spoke with management, that a PR is forthcoming, and that these new shares will be used for obtaining other acquisitions.
However, if this company does not reverse these bs share manipulations, and revert to the original position of the shareholders for the amount of shares they owned, I am telling them that they will be sued for what is an obvious fraud on the investors. You just don't screw us over like they are attempting to do, and think we'll go along with it. So, John and Terry, be aware that this will blow up in your face unless you do the right thing. I am so pissed at this kind of business.
Anderson or Jessie-
When you speak with management, ask them if they think they can really reverse our over 100 million shares down to 373,919 and then issue tens of millions of "preferred" shares, which they immediately convert to common shares; and then issue more "preferred" shares that can be converted one for five more common, so that the Company and John C individually own tens of millions of shares while we, you financed this stock, wind up with a mere fraction of the value we purchased.
If ever I saw a lawsuit coming, this is it, and not just against Jerry.
Thanks. We really need some information from them.
As you suggested to me on April 6th, I did "Mark" your post. It's now been 3 weeks. What further information do you have?
Have you, or anyone, contacted this lawfirm? Their website (jpclasslaw.com) is very informative. One question not answered on their site is when a loss becomes a loss for the purposes of a class action lawsuit. Until I sell, I have no loss, and am still hopeful that AMGG can reverse my present paper losses. The other is whether this case against Jerry is big enough for this firm, which has sued the likes of Zerox, Priceline, etc. where judgments are collectable.
I still don't feel that I have a complete list, in chronological order, of the PRs/statements/emails etc. that show the obvious fraud that an attorney could readily see. Is the email that Mil got from dumbboy on 9/21/07 the only person who was sent emails, or other written communications, from Jerry, and is there any reference that this was from Jerry, other than the obvious content of the email? Any recorded conversations that a shareholder has on tape? I know there were others, but I can't put it all together.
I thought that AMGG was headquartered in Florida, with Parker. Their phone number is his office. But in any event, the legal entity is AMGG, and AES is just a wholly owned subsidiary of AMGG.
But that does not preclude filing a lawsuit in CT, as was posted by AK. Most of the litigation attorneys I know are based in NYC.
But isn't that just AES, and not AMGG which is the company that took over from RGNO? AES is not AMGG.
To Rags and Wildbill:
Would you please send me copies of what you've sent to everyone. Have you gotten any responses, and if so, what is the status?
As far as where to institute suit, lawyers can be admitted temporarily in any State for that purpose, so long as they add a co-counsel who is licensed there.
I'm in total agreement. I'd much rather have the authorities do the ground work. My only concern is how backed up the appropriate authority is, such as the SEC, which I understand has a 2 year backlog of investigating stock frauds.
Question to all:
Has anyone sent to the SEC a detailed, and concise chronology setting out the fraud in this matter against Jerry et al? The form complaint that several have sent refer to other documents, but please let me know exactly what has been sent, and who was it sent to. Has anyone sent the same things to any other government agency.
I have found that very good lawyers can do the research to bring them up to a competency level in any field, so I don't think we need to only find someone with oil & gas experience. Probably helpful, though, so when we're ready, I'll also reach out with the lawyers I know for referrals with that kind of expertise.
Hi Kat-
So far, we've had no basis for a lawsuit based upon lies/fraud against anyone other than the Jerry gang, which is why I don't see suing anyone other than them at this time. For example, on what basis would we sue the current management? However, this would be for the lawyers to decide.
As far as finding the right lawyer, I have several that I would submit this matter to, but I believe it is not going to be easy to find an attorney who would pursue this solely on a contingency, so I welcome any imput from others. When I get the information I've previously requested, I'll then contact the lawyers I know.
At this time, I only wanted to show lawyers what has been invested, and what has been lost, either through selling or on paper while this current deal still has a life. All of the particular details of dates, amounts is something that the lawyers will tell us, if needed. And I believe that a major part of any suit would be to recover whatever monies they made, not just what some shareholders lost. Additionally, I still have only received the financial data from 17 shareholders.
I appreciate your imput. Regards.
Thanks for your legal advise.
A few comments:
1. I do not think shareholders should post their break even point, as suggested.
2. The information I have gathered thus far related to the dollar amount of investments made. Some also indicate the number of shares that they purchased, but I don't note that.
3. I've gotten some chronologies of PRs previously posted. What I have requested from these shareholders, and what I'd appreciate anyone giving me, is SPECIFIC references to the PRs, or other written documents, that were lies/fraudulent, etc. as opposed to puffing, which legally is worthless. To send the voluminous information to an attorney requires that I can point out the actual facts, not wiggle room comments, that would be actionable against Jerry and his people.
4. Please note, that this is strictly confined to any complaint against the prior RGNO ofiicers and directors---not AMGG or John C.
5. I remember reading the Peavler documents which indicated that some wells were drilled several years ago. And that Jerry PRed that they were going to drill these as "new" wells. I think that was what I read. This would clearly be a lie, and evidenced by written documents. Also, I believe that several PRs spoke of oil and/or gas being extracted. But the financials indicate zero revenue. So a list of facts with the specific detail is what I'd like to compile. There is absolutely too much documentation for any attorney to be able to fully digest, and determine if we have a valid cause of action. So please help me pinpoint this.
6. There are some shareholders who have paid attention to all of this for much more than I have, which is why I really need the help in putting it together. So, thanks.
7. Let's also hope that this has nothing to do with the new kids on the block, and that AMGG will take off eventually. Any action against Jerry et al is down the road. It's not going to happen tomorrow.
8. Others have previously posted names of class action lawyers. Has anyone contacted such attorneys, and what does anyone know about them?
Does anyone know why Amergence Group is showing up on the AMGG Board? And hasn't there been any posts since last night?
FCNK did not clear bankruptcy. The case was dismissed with no discharge.
It's marked on my calender. With hopeful expectations.
Although I don't believe that any of my postings require an apology to anyone, I will not only apologize to you and jessie if this stock dramatically rises in the next 3 weeks, I'll add in my ex-wives, who cost me more than Regions. I'll also apologize to Barack, Hillory and John for everything I've said about the three of them. And my dog for not giving him his 14th treat after his dinner.
You hope they back out? What a poor choice of words, after everything you have posted.
I, too, am annoyed with the constant whinning, most of which has no factual basis regarding AMGG, but your comments make one think you have a hidden agenda in speaking for the new management, in an attempt to justify their possible backing out and leaving shareholders with nothing. If that happens, EVERYONE will be answering the complaints filed, not just Jerry. So stop with the sly threats.
And for most of the daily postings complaining about everything, I again ask that we just cool it for awhile, and see what the company eventually puts out in statements and PRs. Maybe, as jessieland stated, it will be a WOW. Who the f--k knows.
I agree that the odds are long, but so long as there are odds, there is a chance. That's all we can hope for at this point. I've been an optimist all my life. Not going to change now. The proverbial fat lady may be in the wings, but still hasn't sung.
What if new companies are added to the mix, and Parker raises new capital? What if all of these companies make money? I know this is What if, What if. But who knows what will happen. I don't, but I feel there is no alternative but to wait it out and be patient.
I fail to understand your comments. If I lose the over 200g I invested, it won't, fortunately, change my life at all. But from PMs and emails I have received, many people will be hurt badly by this. And I don't like having my money stolen. So I'll invest more in a lawsuit, if that is required.
I'd like to get my money back. Who wouldn't? But I read things that I believe are not in the best interests of the shareholders, and as someone who has spent over 45 years negotiating business deals, I question the judgment of many who post here.
Kat and Rags-
I think you miss my point. We don't know if there is a problem now with AMGG, and constant speculation is bs. I also think that the reason I have only gotten 15 responses, is because some don't want to share the low dollar amount of their investment, as opposed to the high amount of their critical postings. This does not apply to everyone, but to some. And when we say that management "needs" to do soemething, well that's fine to say, but it doesn't mean that they'll do it. I can't count the number of times posts have said the same thing--what management must do; when the PR will come out; when financials will issue. And lumping the new with the old.
I don't know if the price will ever rise to the point where we'll be happy, but not if this company isn't given a chance. What harm is there in waiting, and in stopping the bitching. Don't you all think that we've bitched about everything three times over?