I'm not crazy about how this is all going down either, especially with no PR explaining the reasoning and logic behind it. Seems they are held hostage by two different entities now.
I agree though, I am going along for the ride with my remaining shares since I do like what is in the pipeline.
I may again regret selling shares, but I had to mitigate some risk as circumstances changed, and we were left in the dark as usual.
I can hang on a couple more years, down to only 80K shares as of yesterday. I'm down around 25%.
Not holding my breath for a div this year, $5 PPS this year, investors dinner, etc etc. All the BS I have been fed has really made me resent and question this co's credibility, the riskiest investment I have - and will ever make.
Yes, this is why we are here. Is this really the best way to play it though? Seriously, those of us that have lived through the chain events here over the last 5 years has to wonder. I'm not sure what all this means for ARYC shareholders, but I am not liking it at all and am more skeptical then ever.
I am pleased with the reletive strength in PPS though, I may just have to dump my last 90K.
I know I know, "go ahead and sell" ,"Get lost then" I know I am not the only one feeling this way, there is not one credible bullish argument to be made at this point.
Is it assumed that the whole Avant thing will fail with in a year, and then Izzy's new spin off will replace it?
Hang on and add here Chevelle, take advantage of this dip IMO. Some people actually believe oil will be cheaper in the future, or maybe we simply will not need it as much in the future? After all, we are in the beginning of a long term over supply! HAHAHA
I intiated a position here today, lets see where we are in a year or two.
"American Liberty Petroleum corp" LOL!
Will we still get our Avant div this time?
up 53% to .01!
I hope we can get a better explanation of all this at the investors dinner soon.
It seems that they expect to issue a div, possibly a potentially generous one!
They may plan to release this news at the investors dinner?
...or Ship with out a rudder?
Been a long ride with so many wrong turns and detours, and now the destination has changed again?
Where are we going again and what is the ETA? Will we be stopping for dinner soon, or was that just another bad joke?
It seems like they want to distance themselves from ARYC management, maybe they believe they are better equipped for success doing it their way, through an entirely different company.
I do like what is in the pipeline here, just baffled by the process.
Why are they not all working together under one company? Clearly we are not the only ones skeptical of ARYC mangement. If things are so good, where are the buyout offers and/or PP investors? We heard what happened last time when he realized what was really going on (and now he probably just wants to make his $$$ back)
Not sure what this means for ARYC PPS in the long term. I am weary of any plans for div through a spin off, I only want ARYC PPS to rise!
Wrong, I sold some in Wifes IRA at just over .12, which turned out to be a mistake. Not even close to "most of my shares".
I sold more later high .30's and high .50's.
I hope you are right though as I am still long. I will be dumping my remaining shares next decent pop, can wait a few years if i need too.
Actually I am down to 90K now, and will hang on to these in hopes that one of these scams eventually results in a nice pop. Sold more at 15.6 last week, sold nearly 2/3 position last 4 weeks.
What is funny is he actually serious! They have truly lost their way now, to post such tweets is a complete joke.
What has transpired behind the scenes here is completely absurd, looking at events of recent past or really everything since the beginning.
what is being discussed here now is not even ARYC, just more spinoff garbage with a bunch of dividend BS we will never see.
I am grateful the price has held up as well as it has, which is allowing me to exit with a tolerable loss. I'll keep 100K for the long haul just for laughs, but its nothing but a gamble at this point. This company has failed miserably and it will be a miracle if they succeed with anything DX. Typical penny junk shell game, not a shred of credibility left.