Here's the guy who drills the Giddings Field.
![](http://www.holifieldoil.com/Ray_pointing_to_rig_lighter_color.jpg)
Ray Holifield
http://www.holifieldoil.com/
![](http://web.archive.org/web/20051124205504/www.amtexoil.com/map.gif)
I'm invested in both ACKO & ATEX. The companies are very similiar in nature.
ATEX:
http://investorshub.advfn.com/boards/board.asp?board_id=7979
I've posted what I know in either the I-Boxes or as individual posts.
From what I can tell the shares are in the hands of a few and the float is small in both companies. When they go they float like a feather.
The first time I owned ACKO was over 2 years ago. The stock sat dorment at 0.15 to 0.17 and when it finally went up it was an overnight move. When this stock moves its only up 10% of the time. So, I figure when the guys in control want it to move it moves and not before. I told a friend of mine who also has owned stock in both companies that I believe these companies are closely held and don't care if anyone buys the stock or not. Both are in the accumulation phase right now with shares being bought up on the quiet. Not much information is available unless you want to really dig.
Through your due diligence if you find out anything more than what I've already posted, please let me know. IMO both ACKO & ATEX are long overdue for a move. In the meantime I'm just sitting patiently & waiting. If I have to wait till X-Mas then so be it.
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