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Technology Stocks : Advanced Engine Technologies (AENG)
AENG 0.00010000.0%Mar 7 3:00 PM EST

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To: david travis who wrote (2429)12/22/1998 2:56:00 PM
From: Sir Auric Goldfinger  Read Replies (1) of 3383
 
Comments Murray, TRAV?:"Dear Mr Goldfinger,I cannot post, but as you are a skeptical follower of AENG I thought you should be aware of a little past history. Please see www.splitcycle.com.au for a story very similar to AENG.

It seems a certain gentlemen by the name of Rick Mayne a NEW ZEALANDER who was wanted in New Zealand (I think for fraud) started a company called splitcycle -engine technology- and then convinced a well known Australian former F1 champ Sir Jack Brabham as a famous racing name to give the technology some credibility. Modus operandi sound familiar?

While the details are unknown it seems like he lost permanent control of the company and around October it seems that his nominee for the board was rejected. The old web site for the company finished around March and the new one gives some details of the sequence of events.

If AENG has no connection to Mr Rick Mayne then someone appears to have been to the Rick Mayne school of engine companies.

You may like to email splitcycle and ask what there connection with Rick Mayne is today.

It would not surprise me if they ceased to have anything to do with him some months before AENG started.

Greg Cummings sure is a vigorous defender of this stock right from day one. I bet Rick Mayne wished his company had a public forum like SI when he was trying to increase his stock price.

But anyway, he was renowned for driving his red ferrari and probably didn't have time for the internet.

If this is not coincidence, I hope you are not invested in this stock!

"Good Luck", Zog" "
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