InvestorsHub Logo
Followers 743
Posts 61882
Boards Moderated 10
Alias Born 10/05/2009

Re: None

Sunday, 01/01/2012 11:14:15 AM

Sunday, January 01, 2012 11:14:15 AM

Post# of 6903
I just posted this on the MNLU JV partner message board:

Got my last reply from Steve (CEO of AEXP), at 2 am, LOL. In summary, he says no one holding AEXP shares lost more than him in this mess, if that makes us feel any better.

He says, that his latest (but how old is that?) info led him to believe Westrock still held 4 million restricted shares of AEXP (but that needs to some how be verified now, transfer agent might know?).

He too is unhappy about what I turned up, and was unaware of most of it. He also said he does not really know Gary Powers (Westrock). While he said he could no go into any details, he said basically that he was going to try and get AEXP actively going again (my summary interpretation of what he said), meaning to me that he is not going to sit around and wait for MNLU and the 20% JV to make or break the company. Or in other words, AEXP is not likely to just disappear soon.

Keep in mind that AEXP's hands were tied while the merger was pending, and they are now free to work on other prospects. Let's hope it is oil this time!

I have done some more DD on Steve Harding, to see if he has any dark sinister past I missed!!! Here is what I have found so far:

http://investing.businessweek.com/research/stocks/people/person.asp?personId=50035546&ticker=AEXP:US&previousCapId=33012331&previousTitle=AMERICAN%20EXPLORATION%20CORP

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=HEI:CN

http://investing.businessweek.com/research/stocks/people/people.asp?ticker=CEX:CN

http://investing.businessweek.com/research/stocks/people/relationship.asp?personId=50035546&ticker=CEX:CN&previousCapId=3109185&previousTitle=CONTACT%20EXPLORATION%20INC

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=CEX:CN

http://investing.businessweek.com/research/stocks/people/people.asp?ticker=HEI:CN

I may not have time to dig further for a week(s) or more, so if some one else can grab the ball run, it would be most appreciated!!!

I think the next questions are does Westrock or Gary Powers still hold 4 million shares of AEXP?

Does Brent Pierce (et. al, LOL) still own about 20% of MNLU?

I think the answers to those 2 questions are critical now!!!!!

If they sold, what does that mean, if they held what are the implications for us, and will either one be forced to sell?


Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

Join the InvestorsHub Community

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.