RE:RE:RE:RE:RE:AOS Management a Joke
Haven't posted here in months, but it does look like a lot of us who have been waiting a long time are about to get rewarded or at the very least, get back to break-even. I haven't had much to say here because 90% of the posts haven't been worth responding to. AOS is going to get reimbursed - that was never in doubt and still isn't. Why? Because it's the law. It has been disappointing to wait this long, but no government is going to hand over 50-60 million dollars without making 100% sure that everything is accounted for correctly. As for what happens next...I hope and pray that AOS has a strategy to liquidate the company and sell off assets. They will never produce a drop of oil and once Clearwater fell apart, the whole business model is hoping that their assets increase in value and someone buys them out. I think Bruce Mitchell and a lot of other large investors feel the same way. What is the company worth? Again...no idea...maybe 50 cents/share...maybe more, maybe less...but what is certain is that AOS is trading well below value right now. Once the compensation is announced, I expect a jump to the 20-25c range, where we'll sit for another eon while people take profits and AOS' BOD and management determine their next step.
GLTA and hope all of the old timers like me have their patience rewarded.