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Re: MONTANAJOE post# 5925

Monday, 01/09/2012 3:26:48 PM

Monday, January 09, 2012 3:26:48 PM

Post# of 6903
IMHO MNLU (and Westrock...Pierce) screwed AEXP by not finishing the well, and forcing the default, which makes MNLU complicit.

It never made sense until now, why MNLU did not dilute and raise cash in Dec '09, Jan '10, to finish the well when the stock was well over $1/share with a full court press of PRs. Now I suspect it was all about dumping existing shares, while dragging out the well completion until AEXP defaulted so that MNLU and Westrock (Powers and Pierce) could play the game one more time, before Westrock (Lucy with the football, poor Charlie Brown,,,,) and Pierce, shaft MNLU in the end.

Westrock and Pierce will be the winners in the end, unless the SEC nails them finally. With NG at $3, they have time to play the shell game again, and strip MNLU bare.

I only see one possible reason for them to try and finish the well and do one more pump and dump of MNLU before they shaft everyone, the need to dump MNLU shares if they still have them, the need to cash out the 1.5 million in loans Pierce still has with MNLU, and the possible need to complete the well and produce gas to keep the State of Miss., from forcing them to seal the well permanently.

But the well experts here do not seem to have an opinion on how much time is left on the sealing the well or completing the well deadline.

If Werstrock had now dumped their 4 million restricted shares of AEXP (Probably illegally dumped them), why would they shaft AEXP? 4 million shares was about 7-8% ownership of AEXP!!!!!

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

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