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Friday, 11/23/2001 1:30:08 PM

Friday, November 23, 2001 1:30:08 PM

Post# of 4347
STL, I agree with you. We have to digest the Endeavour acquisiton before we take on anything of significant size. Very unfortunate that we have to hand out so many undervalued shares, but that might be necessary to survive. The OTC is killing us. There may not be a choice. Ultimately it is the investor who supports the stock price. There are very few long-term investors on the OTC. Since I took a position in this stock before the reverse split it has been undervalued, even more so after the split. The achievements of this Company have been ignored by investors. What is puzzling is that there does not seem to be any discernable damage control for the Endeavour dilution, i.e. institute another share repurchase program where the shares are not retired, announce a dividend, enhance publicity through investor relations firms. In fact the opposite is happening. JW now seems to be ignoring the investors. Read on, there are more interesting pieces to this puzzle.

Jack says….

Only recent change has been that I have stopped spending money on several of the investor relations firms we had employed. Aspen's current business plan is to complete the Endeavor merger and possibly two others so that we are at a daily production level of 5,000 to 7,000 BOEPDE (barrels of oil per day equivalent), acquire a listing on either the AMEX or NASDQ and then renew our marketing efforts.
http://ragingbull.lycos.com/mboard/boards.cgi?board=ASPG&read=33872


Aspen Group Resources Corporation Retains CEOcast, Inc. for Investor Relations
OKLAHOMA CITY, May 1 /PRNewswire/ --

Aspen pays CEOcast 25K for an investment program.

http://ragingbull.lycos.com/mboard/boards.cgi?board=ASPG&read=32241


The transcript was very soon thereafter changed to a different sum of money, I believe 36K, and added 70,000 shares as part of the deal. The 70,000 I remember distinctly. We talked about it in the back room.

Now CEOcast has never heard of us. - Cannot find stock symbol ASPG.
Please search again.

Wall Street Reporter RealAudio Interview with Jack, 10/10/2001 . RealAudio Interviews are done without compensation or payment of any kind, by the interviewee / organization. However, companies do pay to have a text version of the interview published online as part of a paid media program.

Found 0 interviews with the word "aspg"
Sorry, This Interview is unavailable, go back

Apparently Jack refused to pay for a published text version of the interview, and chose to use the free publicity only.

http://ragingbull.lycos.com/mboard/boards.cgi?board=ASPG&read=33826

Enter Eric, David & Sons. Eric, David & Sons, Inc. is a financial management, marketing and consulting firm that seeks to better publicize companies with unique product/service offerings whose stock is undervalued in relation to their long-term earnings potential. EDS retains as clients only those companies that are perceived to offer unusual products or services with the potential to command a dominant position in their respective industry/marketplace.

One point Eric, David & Sons is not being paid or compensated by Aspen. Steven Weiss of EDS felt Aspen’ s past achievements and future promise warranted special treatment.
http://www.investorshub.com/boards/read_msg.asp?message_id=162647

Aspen Investor Site Update: September 6, 2001
Having looked at hundreds of OTCBB companies, `Aspen Group appears to be the Cream of the Crop.` I intend to conduct a further `onsite` due diligence analysis report in the very near future..." Steven Weiss President and CEO Eric David & Sons, Inc.


http://ragingbull.lycos.com/mboard/boards.cgi?board=ASPG&read=33524


That was over two months ago, and not only has an “onsite” analysis report not appeared, Eric, David & Sons has stopped posting and disseminating Aspen’s latest Press Releases. Did Weiss want compensation for the “onsite” analysis and did Jack turn him down?


The latest is on November 13, 2001 ASPG considered for profile at PennyMarkets. Com

PennyMarkets.com searches for companies that have a strong growth potential. We feel Aspg has that potential, and is being considered for profile.

We shall see on this one.

But it does look like rob11262 was right when he quotes Jack “I have stopped spending money on several of the investor relations firms we had employed.” AND “acquire a listing on either the AMEX or NASDQ and then renew our marketing efforts.

My question is HOW DO YOU GET THE PRICE OF THIS STOCK HIGH ENOUGH FOR A LISTING ON THE AMEX OR NASDQ WITHOUT THE PUBLICITY THAT IS NECESSARY TO ATTRACT ORDINARY INVESTORS?

The listing comes before renewed marketing efforts.

Therefore I think Jack must have some strong commitments from institutions and all is dependent on our BOEPD which apparently is to take a big leap in 90 to 120 days. Notman stated during the conference call of October 24, 2001.
that 5,000 BOEPD to 10,000 BOEPD is the range that attracts institutional attention. Jack would like to be in the 2,500 up to 5,000 mark within the next 90 to 120 days.

http://www.investorshub.com/boards/read_msg.asp?message_id=213658

My second question, is CEOcast SELLING? I can’t find that their 70,000 shares are restricted and their contract is over around this time. This would cause a panic with the investors who do not understand that cash flow is more important than earnings and returns on capital and might explain why Jack is turned off by these leech sites and justifiably so in some cases.

http://www.investorshub.com/boards/read_msg.asp?message_id=214436