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Monday, February 09, 2009 2:02:22 AM
Larry Sanford, CEO of Allenergy, states: "We have taken the necessary steps to keep our cash flow in line with our expenses. We believe that oil prices will rise again at which time we will return to our efforts to generate profit from the discovery and sale of oil. Our shareholders should know: Allenergy remains viable."
It appears to me that Larry is trying to keep his people busy during this slow down and stay cash flow positive. Do what you have to do Larry to stay in business.
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