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Re: Margin-Hunter post# 28298

Tuesday, 03/06/2012 2:46:15 PM

Tuesday, March 06, 2012 2:46:15 PM

Post# of 116863
AFSE does not possess sufficient capital to invest (In TECO)

Dean Sukowatey President/CEO AFSE owns 80% os his company's common stock!
1) He would not dump more money into a pud!

2)You are quoting an 8K that does not have official production numbers yet. Of course it can't say it will produce, although it indicates 60bpd which even with that number times 80 to 100 well=6,000bpd and those are very those conservative numbers!

3)Confirmation and production numbers are coming and the big money knows it!

Dean Sukowatey, President and CEO of AllEnergy Corporation, stated, "We are extremely pleased to have completed the acquisition of this interest in Belize and to have the option to acquire an additional interest in 1 million acres. The amount of potential here is tremendous and we look forward to developing this prospect along with our partners in Belize."



1) Yes Dean would not and in fact did not.

We do not currently possess sufficient capital with which to make the further investments described above and there is no assurance that we will be able to obtain such needed capital.


2) Yes. The 8K is published and the production will be 0 according to Belize (Actually negative when you consider all the wasted resources that have been put into it)

3) Speculative, like the supposed 1,000 BPD posted by TECO's printing press which turns out to be only 8 BPD and dropping. Jiffy lube spills more than this embarrassing number.

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