Once again I’m hoping that AEB isn’t jumping on the bandwagon of new, highly profitable, potential stocks, hoping to get shareholders in, as they did in 2010 ( Hatful, McConchie & Stroud) when CO2 emissions were making world headlines, with world leaders signing agreements to cut these emissions, AEB came out with their algae technologies, with a promise of low footprint, 0 emissions & biofuel technologies, I was working in construction at the time, mainly in the construction of coal fired power stations, these stations came to a abrupt end after that signing, new clean green alternatives had to be explored, wind farms (huge footprint, unstable supply) Gas. ( expensive, demand outstripped supply, as we are now exporting most of our gas) Solar ( once again, not as reliable as coal) I thought AEB had the solution to this world wide problem, marketed & sold properly, these shares should have skyrocketed, we were told they had huge investors interested, airlines in particular, were all watching, we were told, investors like Holcim Concrete, had put a huge investment in AEBs technologies, Lufthansa airlines, were flying on their biofuels, all ANN got our attention to buy their shares, at that time they were 61c a share & their marketing prospectus got us inn, especially the governments interest in investing & loans to AEB to advance these technologies for the future, plants in Australia & Atlanta under construction & potential to sell their products worldwide, all added up to a great investment potential, then it all went south from there. My point is, MC has a huge potential in the right hands, we must push management not just to talk about what they want to achieve, but to achieve this time, now that Hatful has retired from the company in November, with the new blood introduced, they may turn from being a “we’re gunna “company to a “we will” company, fingers crossed this will happen & we all enjoy some profits, instead of losses, it’s all investors responsibility to discuss companies, fore or against, so we all have a clear history & vision of the future the company holds, previous records not achieved or just what we are told or want us to hear, I still feel with new management & a clear vision for MC, Hemp & Oils, this company can thrive in this industry. I also feel that if the government had of given them a chance to prove their carbon capture capabilities, instead of spending billions on advertising campaigns for a cleaner,greener Australia through advertising & worthless trials that went nowhere, if AEBs carbon capture had worked as well as they predicted, it would have been installed on all Australian coal fired power stations by now, using a Australian owned invention & leading the world in clean innovation technologies.
With all that said, I’m hoping to invest more in AEB if they can show a positive result Tlingit the near future, good luck to all
AEB Price at posting:
4.8¢ Sentiment: None Disclosure: Held