Yet, I agree with you again and let me state my reasons why. First, for those that have been here for a while, we have been in the death grip of silence since the 2nd quarter of 2006 because of the SEC investigation. What was worse is we did not have a clear picture as to what was happening because the company essentially said nothing. Then it turned in the 1st week of December. I knew that was the key, because until that notification, we had no clue as to the timing or if it would ever happen.
I told everyone to get in at that point. Let's face it $.0267 looked pretty tempting. From that point, in around 2 weeks, we went up to $.07. Nice ROI.
Lets face it, we were still in the death grip of the SEC. They pulled the filing in late December, even PRing the event. The SEC was still in control of our destiny.
Now things have changed. THIS IS A MATERIAL EVENT, MAYBE NOT LEGALLY, BUT IN MARKETING/IMAGE WISE. With the filing last week and the notification of the Shareholders Meeting, control has shifted from the SEC to the Shareholders. It is in our hands to vote to dissolve he BDC. With an affirmative vote, we tell the SEC the results and move on.
We have paid for good legal and financial expertise to support the company since the 2nd quarter of last year, that is good. We have great assets and great O & G expertise. Now it is time to quit "nickel and diming" the marketing and communications expertise that has been and is evident. Come on be real, a couple of grand is nonsense in PR expenses. That a few hours with the lawyers. The return on your investment is massive compared to what you get with lawyers.
What has the market seen the last 12 months? Nothing. The rain marker PR in May, which I happened to like, the one well discovery in September, with no results even to this day, and the canceled SEC filing. Now it is time to publicly tell the world, what has silenced AMEP the last 9 month is over and we have been given a clean bill of health. It is now in our control, the Shareholders, to declare our future and we will start to disclose what we have been doing the last 12 months.
Since early December, a significant part of the buying has been the longs and their associates. Hell, last week, I added 1 million shares in two days on Tuesday and Wednesday. One day I was over 50% of the volume. We have been supporting the share price and now it is time for the company to do its job and communicate to the public what a great company AMEP is and is becoming. Let us not forget all those people that got scorched by the MM and bashers, from May to December, in the downdraft of silence. May they rest in peace, but let's not forget their loss.
Lets face it, there were a lot of concerned people, December 4th, the day before the first SEC disclosure. Sitting at $.0267, and going south, did not let me sleep any better. It is great that we sit here in this rocket ship going to the moon, but lets not get too overwhelmed just yet, because AMEP needs to COMMUNICATE its successes, starting with this key step; to bring other major participants to the table. We cannot do it alone.
When I see mickey mouse companies, as compare to AMEP, do 10X the trading dollar volume to AMEP, because they articulately communicate, that is wrong.
CB is a brilliant man in what he has done, has accumulated and is building. All we are asking for is the company to communicate its successes and benefits to the market place as normal companies would do.
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