Allied Energy Corp (AGYP)

[GoinGreen]

Actually there's only 36 million at DTC so that's your real float. Of that me and a group of investors I am with hold and have held 24 million for over a year.

So when they have shorted 49-50 million shares in the last year obviously majority is naked. I have it on good information one of the main culprits is Scottsdale Capital and their people in Panama. I also have it on good information the person who started shorting and got them very deep is no longer there, he was fired.

They have had to keep shorting hence the 29.35% Fintel borrow rate which was 26.99% yesterday and 25% days prior and keeps going up. Why? Because they are in so deep that whoever is creating these shares for them needs serious interest for the risk associated with what they are doing.


Add to that AGYP is producing every single day now with three wells on and three more coming on in days. 6 wells and my understanding like 200-300 bpd of oil which then puts this at a valuation of $1.05-$1.50 per share.

Simply add up the cash flow and slap a multiple to it and divide by the number of shares. I am using a super conservative multiple btw!

So currently in my opinion I'd say this company is looking at $.55 - $.80 per share currently using a conservative multiple which is why I still hold 2.2 million shares.