Replies to post #15591 on Allenergy Inc (fka ALRY)

[waltczyk]

"If the salaries were not accrued, they are not an expense. What you are stating is the salaries were earned, not paid and are due to management in a future accounting period. This is not a true statement."

where did i state the above, no idea where you are coming from as i can't tell which of the above quote is your thinking. i am stating the salaries were earned and thus should be expensed in both 2006 and 2007. IMO the company did not do this. NO one has proved or gave arguements that counter what i am saying. Other than the do you own this stock silly questions.

in the end, the financials are misleading at best. we can argue all day long but in the end the financials are not a true representation of the company. we have convertible preferreds, rex no longer being a profit center, etc., given all of this lack of information and misinformation, you know about as much as i do, which isn't much.

big boys is a term for the highest earners in a company

convert the salary line based on any assumption to get an annual amount and divide by 7 or 9 whichever employee count you desire. It is not alot. Costs are missing.

[the cork]

OLWALRUS - Good Point about those floods. They were historic.

Weren't the ALRY gang involved in the relief efforts as well?

I seem to recall they packed up an old office, and moved to a new office location during the last year too.

Did somebody mention 4,000 boe x month production?

Considering they lived through and recovered from the floods, and they lived through and recovered from an office move, and they are continuing to drill new and rework old wells, production seems to be steadily increasing, new leases are being negotiated, and they have been short staffed due to extended employee illness, it seems like IMO they are doing a pretty good job, all things considered.

That's not as sensational as calling somebody a crook, or inventing unlikely hypothetical situations to trumpet, but that's the way I see it.

GLTA !!