Accel Energy AG

[rjbluesky]

I think our broker screwed up with putting the full realized long term tax loss in their monthly Sept 2011 investors report. All they saw was a disappearing symbol/name and the shell liquidation (not BK) for Accel Energy AG. They should have paid more attention to the Jan 28, 2011 merger indication and understood the dd behind all of this. Obviously, this is almost if not one of a kind of situation and since the people we talk to at the broker are not tax or securities attorneys, they can only go by what they see and think.

So the broker appears to have incorrectly put in a full realized loss in the last September report when the stock disappeared from trading, then I think the reason for the delay getting our 1099 statements to us could have possibly been due to obtaining clarification of what is actually occuring, hence, no tax loss. We did see an indication of some type of dividend explanation under the form for Accel Energy which I'm not clear about along with the expired expiration which appears to be related to that window given to buy shares in the new company along with any creditor disagreements before the merger went into Ameri Energy Group, Inc., via Accel Energy Ltd.