This post from rob11262 is the first hint we have of Aspen dimming the lights. Rob was right on. Jack did drop several investor relations firms. Since we were to bring our production levels at least up to 5,000 BOEPD which is the beginning of the institutional interest range and because Jack was planning on listing us on either the AMEX or NASDAQ BEFORE renewing our marketing program I felt he would have to use institutional investors in order to get onto the senior exchanges since without an aggressive marketing effort the average investor cannot move the share price up to the minimum listing requirement figures. They don’t buy what they don’t know about.
I also thought the lights were to be dimmed. This is a total blackout.
Also I feel part of the blackout can be traced to Jack’s inability to handle shareholder confrontations. He will tell you what you want to hear, pass you off to the faster talking Notman, now Kent, or try and answer through his wheezing which always appears when he is under stress.
I am wondering if Cudney has anything to do with this. He is not a passive investor.
Only recent change has been that I have stopped spending money on several of the investor relations firms we had employed. Aspen's current business plan is to complete the Endeavor merger and possibly two others so that we are at a daily production level of 5,000 to 7,000 BOEPDE (barrels of oil per day equivalent), acquire a listing on either the AMEX or NASDQ and then renew our marketing efforts. – Jack Wheeler http://ragingbull.lycos.com/mboard/boards.cgi?board=ASPG&read=33872
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