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Able Energy Inc. Message Board

  • bionic_research bionic_research Mar 16, 2005 8:25 AM Flag

    NICE!

    This summarizes the issues pretty well:

    - Massive dilution is coming once the All American Plazas deal is done
    - The company already issued a press release expressing their surprise at the "drastic" pop and that they can�t find an explanation for it
    - The fundamentals of the company stinks with dismal outlook
    - People thought this is an oil company, it is not. It makes 70% of it�s revenue from HVAC business. Check their last Q report as filed with the SEC.
    - The company is suspect where one man holds the position of President, Chief Executive Officer, Chief Financial Officer, and Director
    - There is a class-action suit against it pending certification by a judge

 
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