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jimmenknee

07/08/07 10:16 PM

#16259 RE: rjbluesky #16249

rjbluesky, good evening to you :)

Thank you for engaging in polite discourse. I honestly have spent more time on this than I had intended.

1. It is real clear to me that the patents and trademarks may be pending, but they aren't patents and trademarks-- they are applications. There is no other way to interpret the hard facts on the USPTO website.

2. Companies take "poetic liscense" all the time. That is why you have to be very careful when reading company sponsored data. It needs to be verified by outside sources to get a comfortable level of certainty. In this case I would suspect they would argue if challenged words to the affect that they meant patents and trademarks have been applied for and they anticipate no problems in their being granted.

3. A minor misleading piece of information would not end them up in criminal court. If caught, they would most likely merely clean up the information and be slapped on the wrist. That's why companies take these liberties as the risk-reward ratio is in their favor. They want you to believe that this company has all that it takes to be great and sometimes that means exaggerating the data.

As far as the overall picture.

1. Swiss Accel Energy AG as stated in their fact book came from the US Accel Energy company that is now Disability Access Corp. They IPO'd on the German market 12/22/06. There is no evidence to support either a dual listing or secondary listing in the US.

2. US America Asia Petroleum Corp is the morph of the Chirico Group (through America Asia Energy Corp) and a twin of Accel Energy. The corporate structure, the business plans, projects and products sold are overwhelmingly more the same than different.

My conclusion is there is no logical reason to merge these companies as they are already there. The more logical conclusion in the wake of the gray status is that whatever difference remains from the Chirico Group within America Asia Petroleum Corp will be assimilated into the Accel Energy AG.

An r/m candidate more than likely will come in the form of an outside management team as was the case in Renegade Energy Corp and Power-Save Energy Corp.