RE: RE: RE: RE: Could they be serious?Thanks to the info on this site my guard is up a little higher. However, I am still invested in AMY.
While Larry Reaugh may look like a huckster in the videos -and did pay a $1000 fine- I still have faith in him.
Obviously a $1,000 fine had to be a tiny error. As a prior post mentioned, Larry stated that this was a mixup with his broker. Small item. Concerning AUA, I looked at the AUA website and did some Google searches. AUA has gone through the equivalent of bankruptcy. It appears AUA was pushing to get the operation going by ordering long-lead time equipment and then got hammered by the recession (no financing). I don't see any deliberate screwing of the investors.
As I have previously posted I like AMY because
--Construction financing is only $90 million.
--Politically stable area
--Good deposit
--Near to roads, power, etc.