Replies to post #40806 on Hemi Energy Group Inc. (fka HMGP)

[bedwards1000]

Re: Questions

Who is it that's keeps saying anything about the DTC?
The Keith & John promised that in emails to me for 2 years, I'd call that the company - just not publicly. (See below)

Who is it that is saying anything about getting off the pink sheets?
That was the guy at Wilshire capital group. AMEX by the end of the year is what I wrote down. Michael something? Can't remember the last name. I think it started with a B

Sorry, no recent stuff to report. After buying shares at .40 & .60 and seeing them drop below .02 I've kind of lost most interest. It's sure not worth it to sell now.


Email from Keith November 8, 2006
Bedwards,

I hate the way this stock has performed... it all stems from the DTC issues and I am convinced it triggered blind panic selling, YES I thought we would have it resolved by today... but I am being told this week by the Attorney, I dont know if he will get it done this fast, but the DTC contacted us Monday with exact details and they were very minor... so he is working on it.

We did take some the wells that tested very well off line for rehabbing, reconditioning and up grading, this may explain the production drop... The reason for these PR's is I feel it is important that we re-establish our credibility after this DTC issue... not generate unrealistic hype... so I am releasing actual numbers, even if they are not as good as the earlier month's production. These arent very big numbers compared to alot of the hype out there, I am not sure if that is why people arent listening or they are chasing companies that have A POTENTIAL 1000 BOD or some other unrealistic stuff... LOL.

The production should bounce back even better once we get these wells rehabbed. We are experimenting with increasing production with various techniques, some will work exceptionally well, marginally well and not at all... but we have to try them all.

Take Care

Keith A.

----- Original Message -----
From: ""
To: [e-mail]
Subject: Re: Stock Information Systems - Ask the CEO
Date: Wed, 8 Nov 2006 08:15:46 -0800 (PST)

About 1 year later (10/26/07)
We have an attorney in NYC working on the DTC issue and there is nothing to report as of late. The Stock Information Systems will be removed over the weekend. HMGP will use someone else but that decision has not been made. We are not releasing share structure per Keith Anderson. I really appreciate your patience and hope to work with you more in the future. Thanks you for taking the time to write.

Best Regards,

jk

[Argyll]

You know what I meant. They put this in every other PR:

This part: "Hemi's very artificially low market cap is substantially below book value and below tangible asset values based on conservative oil and gas industry standards..."

May 29, 2007: "Management believes that the market cap and the market price are currently artificially low. This belief is based on the total value of the oil and gas reserves on leases in Kansas, lease values in four other states..."

8-8-07:"Management and groups assisting Hemi are addressing issues involving the artificial low market cap. Management knows that the total value of the oil and gas reserves in Kansas, BOE values on leases in four other states, an extensive library of geological information, and management experience, confirms that the undervalued stock market price is irrational considering all the values and fundamentals above."

Some variance of this has been in PRs for years.

"Management knows that the total value of the oil and gas reserves on our leases in Kansas, BOE values on leases in four other states, an extensive library of geological information and management experience confirms that the undervalued stock market price is irrational considering the values and fundamentals of all its assets."

http://www.allbusiness.com/energy-utilities/oil-gas-industry-oil-processing-products/5302884-1.html

They know for years the price is irrational and do nothing about it.

Then there's this:

"Building on decades of experience in enhanced oil recovery Hemi has successfully amassed a substantial and attractive portfolio of these high quality domestic properties. By streamlining operations through cutting-edge technologies, Hemi has the ability to operate more effectively and efficiently than larger oil companies."

This has been in PRs for years:

http://www.allbusiness.com/legal/securities-law-us-securities-act-1933/5429005-1.html

http://www.allbusiness.com/services/business-services/3935437-1.html

Also in many PRs. If that were truly the case that Hemi operates more effectively and efficiently than larger oil companies, I think the pps would be over .02!


As for who said anything about getting off the pink sheets and making a committment to do so: Keith Anderson.

About the DTC:

"During the past eight weeks, Hemi Energy Group (Pink Sheets: HMGP) has been working with the Depository Trust Corporation (DTC) to resolve a recently discovered issue that dates back to the merger of the company as a publicly traded entity. This issue should be resolved within the next few weeks. In the meantime, this issue in no way affects the daily operations of Hemi. The company also has some important updates that it will be releasing within the next few days."

http://ih.advfn.com/p.php?pid=nmona&cb=1224534689&article=16893729&symbol=NO^HMGP