ctb, here's some serious questions, IMO. Can you answer them or have an opinion???
Posted by: Jagman
In reply to: ole vern who wrote msg# 2481 Date:10/16/2005 8:12:46 AM
Post #of 2549
ole vern, sorry Vern, BDC's are set up because the private "investees" do not have to report to the SEC and AMEP only reports the figures submitted by the investees. We know how many employees AMEP has and how "they" are paid, can you tell me how many employees PRI and Bend Arch have and how much they are paid??? Please provide link to that info...
The rig is owned by an investee, do you think you will ever see the finances that apply to the rig??? Do you think you will ever see the $$$ and percent figures of private investors investing in a well being drilled? Or what is the AMEP shareholder percentage ownership of a well? Surely you can see how AMEP shareholders can be kept in the dark like mushrooms????
Cash is King until further notice!!!
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.