Tell Griz that they got oil 100 KM NE of Calgary, that is pretty close to downtown, maybe there is a pipe in the Field. I heard a story froma newsletter writer in the Great South of USA. A while back he was about to lite up. A message is given to him, don't lite up here. He looks over and sees The Griz. Smiling. I forgot to ask if the Bear was Lit Up. RE: From the Daily Prospector today: PanAtlas Energy (PA:TSE) recently acquired two producing properties > near Drumheller, Alberta for a total cost of $3.75 million. The > company says the properties will add a net 250 boepd to its operated > production, consisting of 1.4 mmcf/d natural gas and 110 barrels per > day of light 31 degree API sweet crude oil. According to PanAtlas, the > properties were assigned proven reserves of 500,000 boe and probable > reserves of 200,000 boe. (Feb 10/00) > stockscape.com ChuckalbertaLITE UP WITH STUFF P.S.- You guys better keep finding the stuff up there, there is 40 inches of ince onthe Hudson River 50 miles north of New York City on the news tonight and Ice Breakers are working overtime ( and playing ball at breaks on the ice field ) to unstuck Oil Tankers with our new shortage up here at $2 + USD for home heating oil. Cars and Trucks travel on Gas and we need to get the stuff out of Alberta -Toute Suite. I have high hopes for the next Oil Fields of the Athabaska <sea> will make the Mid East look like a pond of oil. In the mean time til the Lower 48 get it together we have Zero Emissions Vehicles to stop gap the Niche Market : Creative Consultations International Presents an Emerging Company
American Electric Automobile Company, Incorporated (AEAM)
 Government environmental legislation and dwindling natural resources demand Electric Passenger Vehicles (EV's).
 Operating and maintenance costs of about 1.5 cents per mile serve as a strong incentive for new car buyers.
 American Electric Automobile's technological innovations and production methods have for the first time addressed the broad market for EV's by achieving a price range that makes economic sense.
 AEAM brings the product out of the luxury market and into a price range attractive to a large segment of the population.
 Joint Venture with China Electric Auto, Ltd. To manufacture and distribute EV'S in China provides access to a huge market.
 Retail/Fleet Sales of EV's to be based in San Diego spearheading the California zero-emission vehicle mandate.
Key Facts
Business: Specialist in the manufacture and distribution of Electric Passenger Vehicles Listed: Pink Sheet Symbol: (AEAM) 52 week range: High $0.50 Low $0.10 Shares Out: 7,439,600 Approx. Float: 3,858,000 Market Cap: $7,500,000
Overview
The Clean Air Act Amendments of 1990, the National Energy Policy of 1992, and Executive Order 12844 which accelerate the alternative fuel purchases by the federal fleet set the stage for an extensive development in alternative fuel and zero emissions vehicles. California, alone has mandated the provision that major automakers produce 10% Zero-Emission Vehicles (ZEV) by 2003.
Countries such as China have recognized the immediacy for Electric Vehicles mandating that 100,000 of the 1 Million vehicles purchased between now and 2010. Additionally, China has outlined a goal that the government would purchase 20% of their business fleet as Electronic Vehicles (EV's).
American Electric Automobile Company has developed a clear outline of the opportunities and strategies for capitalizing on the developing of zero emission and super low emission vehicles.
The vehicles are economically priced in the $16,000 to $22,000 range. The standard bodies and off-the-shelf motors would be combined with a custom proprietary computerized electric drive controller. Overall, the Company could provide the superior driving experience achieved through a stylish, functional and economic approach to the EV market. American Electric Automobile is a marketing driven company. Technology has been used to achieve performance but design has been used to develop a concept that will be attractive to the market on many levels. Their cars appeal to consumers that are interested in supporting “Green Products”, that provide low operating costs, and design concepts that appeal to the 25 to 35 year old driver as well as a mature adult.
History
American Electric Automobile Company, Incorporated was chartered May 6, 1996 as a Delaware Corporation. On October 17, 1996, the Company purchased the assets and business of the San Diego Electric Automobile Company, which had been successfully converting automobiles to electric power since 1989.
Earlier, the company acquired all of the outstanding stock of the California Electric Automobile Company June 15, 1996.
The Company is currently forty-five percent owner of a joint venture, American Electric Automobile Company (Asia), Inc. or “EVASIA”, which is developing the EV market strategy for Asia. EVASIA signed a contract with an electric vehicle corporation in the Guangdong Province of China, Guangdong Vick Wei Electric Vehicle CP. Ltd.
The EVASIA joint venture will receive a share of profits of the vehicles sold in China. EVASIA also has the rights to ..//.. Join us talking here at the AEAM Thread or the one I started at Canada-Stockwatch, even. Subject 33343 Members of S.I. above and Non Members Below URL to AEAM that New Electric Car Company I am Paid to promote, so join in: Subject 33343 siliconinvestor.com
My New Website With Current SEC Disclosures:
home.earthlink.net also visit CCI: brokerrelations.com
Chucka |