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Re: ctb post# 34997

Thursday, 10/11/2007 2:46:26 PM

Thursday, October 11, 2007 2:46:26 PM

Post# of 44006
I agree with your last comment, regarding AENP's failure to communication:

"Its failure to do so is approaching incompetence."

I also agree with you comment regarding "awesome opportunity." Today marks the 4 month anniversary of the June 11th announcement of Padgett's #11 and Padgett's #12 H status, including initial production numbers for Padgett #11. The numbers represented then, showed a revenue rate of $1.2 million annually. They indicated that they were to updated the production numbers within 60 days, yet we sit here 120 days later and nothing.

I don't agree totally with your comments regarding the SP. I see the RS, coupled with no communications as 80% of the problem, with the last 20% going to the bashers.
"Execute and communicate" and they will be diminished, although never erased totally. Games will always be played and that goes for any exchange.

Here is a question for you. Do you know why it cost AENP $2000 to release each PR? Are you sitting down? Because that is what the law firm charges them to review each PR. Are you kidding me? That is insane! Yes, the law firm should occasionally review the PR boiler plate, but for them to review each operational PR is insane. I found this out in my discussion with CB just prior to the Shareholders Meeting. There have been comments thrown around in the past that PRs were costly. I think that $2,000 per PR should be wiped out and saved for production or marketing/communications expenses.

It is time for this company to "execute and communicate."

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