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Re: Rivet post# 322

Sunday, 12/14/2003 11:57:45 PM

Sunday, December 14, 2003 11:57:45 PM

Post# of 19276
Rivet Some Notes on ENGY:

In case you're wondering why ENGY is trading at such a depressed level I thought I'd offer up some thoughts.

-Their web site is currently unavilable and has been for several weeks.

-On July 18 past an 8K was released re the resignation of their CEO/CFO in early June

-They haven't put out a PR as far as I'm aware for over a year.

If you look at their results from the MRQ, in my opinion they're not too shabby to say the least. It is further my opinion and even the slightest effort at Investor Relations could cause the stock to increase significantly.

Caveat Emptor...I am a shareholder and as such my comments should be viewed in that light. In my opinion ENGY comports considerable risk and I consider it a distinct possibility that I may lose some or all of my investment. FWIW I consider that the price of admission when investing agressively smile

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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