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Re: jd19 post# 754

Wednesday, 01/11/2012 12:35:17 PM

Wednesday, January 11, 2012 12:35:17 PM

Post# of 2020
I am averaged in at .10/share right now on AEXP (2 years worth of buys), and no sense selling here. At .01 or lower it is easy to average down and have a huge effect for few dollars for me.

If MNLU gets any kind of real news rally going, AEXP may rally more % wise than MNLU, and at this point I see far more downside potential and risk in MNLU than in AEXP. AEXP is already oversold technically. MNLU has an easy 90-95% downside risk, while AEXP would be a screaming buy at a $300,000 market cap IMHO, thus my big buy at .005/share. Buying the Warren buffet way, blood in the streets, and we may see one more wave of AEXP selling (hard to tell, depends on how fast Steve Harding moves to get a new deal going and news out) before it bottoms.

But Steve did tell me on the phone when we talked about 2 weeks ago now, that he and some key inside investors were not going to close up AEXP, or sit and wait on MNLU and the BV deal.

Unless AEXP dilutes massively before any good news, the market cap should bottom around 200,000 to 500,000 based on other pinks historically, and that puts zero value on the MNLU / BV JV that AEXP still has a 20% ownership of in 5,000 acres until or unless Westrock kills MNLU and the JV. So I see an easy news rally this year back to .04 or .05 for AEXP on the right news.

I will be patient and wait for the AEXP shares to come to me. I may nibble some along the way at .01, LOL!

Also, MNLU needs to raise $10-13 million now!!!! Has a bunch of unpaid bills and faces potential BK. AEXP has one bill I know of, and it is owed to MNLU, about $300,000. AEXP has only 60 million shares issued, MNLU has over 80 million issued and 15 million more promised out to Westrock. So do the math!!! MNLU must dilute, big time worst case or go BK. AEXP has no serious need to dilute big time at this point near as I can tell. And if Westrock owns 4 million shares of AEXP, they might just shaft MNLU next, and cut a new deal with AEXP (I would not put it past these clowns to do just that, and make it sound reasonable, LOL), but that is a wild card for sure.

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

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