InvestorsHub Logo
Followers 3
Posts 414
Boards Moderated 0
Alias Born 05/02/2010

Re: LRC409 post# 2056

Friday, 07/23/2010 6:09:06 PM

Friday, July 23, 2010 6:09:06 PM

Post# of 146837
I don't believe anything this company says or any start up says. If they tell the truth, they never get funded. I have no problem with that. Eneftech is a Texas company as listed and stated on their web site. Consequently. Texas merger laws apply. Whereever else they go, Texas law still applies. If go elsewhere (Deleware) both apply. This is not negative or bad. It protects shareholders. A few months extra, even 6 months, is ok to make a few hundred thou for each of us is very good.
AEGY was 30. 4-1 split says bottoms at 7.5. However, with who knows how many shares the split ended up to be, will bottom somewhere lower. That is fundamental. Here is problem. It has lost 90% market cap in month. It is very very unusual for this type of transaction when price below $1.00. Causing problems with MMs who ones that make us money.
The AEGY problem with ex-dividend/record date is very serious. I wish they would explain.
Hang in there, pray they get it together so we can make some $$$$$$$$$$$.