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Belize Oilwatch

04/20/12 8:01 AM

#30885 RE: madmax61 #30880

All Energy used to be All Fuels and Energy a company who's business was Ethanol Production. Then they changed their strategy and decided to go into the international oil exploration business - purchasing 4% of Treaty Belize with options on a further 6% and 15% of Paradise concession.
Didn't realise their share price was falling,butI suspect it reflects their Shareholders not being happy with this change of business strategy. IMO
[Worth noting that Treaty Energy Corp underwent a change of strategy too a while back: from a opportunitic stripper well company to an international exploration company with different risks and potential rewards].