Golfer, you could just as well be deceiving people and causing them to lose money, no matter how much "you feel there pain" , if the present information in the SEC documents about AIPN is true and is about to lead to a major run. So why don't youu stop it already as if you are not soup-nazi of rb you are sure starting to sound like him!
By: carefulinvestor 15 Aug 2002, 02:00 PM EDT Msg. 52445 of 52594 (This msg. is a reply to 52420 by chikuduk.)
*** Five year refinery deal with major for AIPN (S-1) ***
"We are engaged in negotiations for a
transaction that would put our entire refining and asphalt facility in Lake Charles to work on a long-term basis. The terms of this transaction have been agreed to (PAST TENSE!!!) and implementation is contingent upon securitization of crude oil purchase contracts and financing to support our purchase of crude oil and asphalt feedstocks. Our management believes the anticipated cash flows from this transaction are sufficient to support all of our overhead and domestic operations during the transaction's five-year term. It should also enhance our ability to refinance our existing debt..."
(From the most recent S-1, emphases added)
Not to mention buying AIPN all the time they need the sign the mega-deals on 1551 and 953 -- with the debbers likely eliminated prior to these material events!!!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.