This stock can suck the life right out of you. This is disgraceful and it is CB's arrogant/ignorant fault.
He now has over a year to get a running start with accomplished work to PR. He should release a PR and follow it up with a steady follow of PRs, otherwise, the traders will manipulate this down with each period of silence. Screw the Mickey Mouse, PR cost. Talk about nickel and dime thinking.
All I have heard is how tuff CB is and that they better not screw with CB. Let me tell you, the market is/will undress this guy and send him out into the patch naked and he won't even know what happen to him.
Here we sit with a liquidation value of over $.25+, trading at below $.05. That is solely CB's fault! Is oil and NG the place to be or what?
He think he's EXXON and doesn't have to report/market like normal BB companies. I do not seen any "X's" in the name AMEP.
In my opinion, he has been hiding behind this SEC deal for to long. I would bet, if any of the SEC guys or AMEP lawyers owned this stock, they would be investigating the company for being stupid.
Now we talk about the shorts. The way to break the back of shorts is announced results. Start the annoucements and keep them coming consistently and unexpectedly.
I have sent this note to the company as well. I also told them to fix the web site because it is disgraceful. Looks like an early 90's edition.
