Allied Energy Corp (AGYP)

[GoinGreen]

Current valuation at a conservative x 10 multiple would be $.52 on 100 bpd and $1.05 on 200 bpd...

AGYP is likely closing in on 200 bpd with the Gilmer coming on line with Tri County hooking up power shortly. My understanding is the wells are ready, its simply hook up the power and get Texas Railroad to do their once over and approve the three sites.

Bottom line is AGYP is currently producing oil and their only focus is pulling as much of it out of the ground as they can. They have done exactly what they told their investors and the investment community they would do, buy leases, rework old producing wells and get them producing again.

That is exactly what they have done!

So, I am very excited with the fact they are making more and more cash flow on top of the significant short position that will come home and hurt the person who mistakenly thought they'd get a bunch of dilution here, they have gotten none!

AGYP - do your DD because its clearly a gem at these levels IMHO!