America Asia Petroleum Corp. (fka AAPU)

[glenmorangie3]

This is the first pinkie stock I have been involved with that has dissolved itself from the market and I have been trading pinkies for about 6 years. In that time I have had the displeasure to have owned shares in some really bad pinky cons with the end result being the company either changes over to some other entity with new management taking over (just as corrupt as the last) or the company gets suspended by the SEC, hits the grays and stays there for years. Have not seen this before.


IMO one of three things could have happened here.

1.
The SEC had significant evidence of wrong doing by AAPU
directors that it was going to de-list the company through
court proceedings and gave the company the option to do it
itself without going through the cost and embarrassment of a
court case.

(If this is the case I will be extremely pissed at the SEC
for not exposing the con that took place here and naming and
shaming the people involved through court proceedings).


2.
The company directors decided they wanted to get rid of the
evidence of their dirty little swindle and flush AAPU under
the carpet and hope in the years to come people will have
forgot about the con they pulled in pinkie land.


3.
There is actually a tie in with Accel and we will find out
soon if we are to be rewarded in the merged company.

(hard to believe this is the case - no contact - no PRS - no information supplied over the last year and we are to believe they are going to jump out of the cake and say surprise - very hard to believe).


GM