Replies to post #27153 on American Energy Production Inc(fka AENP)

[mom2jbk]

Excellent post. I agree completely.

What blows me away is how management is making no effort to get the valuation up. This is not "increase shareholders value," but rather "manipulate shareholders value", for his benefit/plan.

AMEP is a HR, even considering what CB is attempting to do. With the real/explosive value in the Padgett and Murphy-Nash leases, we sit in silence with this R/S and Preferred issue hang over our heads. The DEF was filed June 8th and July is Sunday. What's up with Padgett #12H?

Not very bright. They should be executing offensively and market what they have, rather than defensively, because they fail to execute.

And CB should be rewarded 262,500 common shares for this? You do not reward people for poor execution.

And oil passes $70 per barrel. WOW!

[Survivor]

I sure do agree with this. It's the only thing that makes sense at this point.
Del
------------------ snip ------------
"So memo to JC, scrap the R/S and announce the HIGH and Padgett12 ASAP and get the stock up. That is the easiest way to prevent a hostile."

[Fairgame]

sabre - you're right, we need to get the value of the company up so it's not so grossly under-valued (i know ... duuuuhhhhh!). The R/S with the preferred and AS intact is a rally-killer.

[MasterBlastr]

Sabre has anyone suggested that CB simply increase the a/s to accommodate the preferred and add enough sharecount to raise funds (after releasing news) and giving the s/p a chance to breathe. How about amending the current proposal to instead increase the authorized to 800 million, no r/s, tell everyone everything what is going on, sell about 100 million shares in a private placement and raise perhaps $10-20 million to continue with the program. This may sound simplistic but what are your thoughts on this ?