Replies to post #16995 on Allenergy Inc. (ALRY)

[LDC]

Should have proof read that, my apologies, I stand corrected. O/S couldn't be higher than A/S. I did say I guessed on the toxic dilution.

[littlejohn]

OT; Uvse could just be a pump by the convertible debenture debt holders on the message boards in order to issue shares at as high of a price as possible...

Nobody is buying it for the 1st quarter revenue or due to the company's operating history in the oil and gas business...With their small working interest in wells being drilled it looks like a hopesyyyy pr recently pumping out big number projections by the 3rd quarter...

They have to continue to issue common shares into the market which increases the public float as long as the company is in the developmental stage...They sure can't run into a bank with a negative equity and get a loan...

The wholesalers are likely pumpimg it in hopes someone will chase it...Best of luck on your swing in it...LJ



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