To: andrew r harwood who wrote (2868 ) 12/7/1998 1:47:00 AM From: the truth Respond to of 3335
Problems arise when we look at this company and try to lump them with other VSE scams. If we assume harwood is right, then the VSE should shutdown their operations and delist everyone until all companies prove that they are legitimate. The mystery with Epic is the lack of newsreleases and information. None of us know what this property holds, or doesn't hold. None of us even know where the property is. None of us know what AEC intends to do with this company except to evaluate the project. So as speculators, we are betting their is some sort of fundamental value in this company. They have a project that could store gas, have coalbed methane gas supply, along with a conventional aspect. Shareholders have also been told that the management structure will change once things have been "settled." Assuming that there is gas field, in this area of the world, with this potential size, we have a great "investment." An investment with some value. So far, nothing substantial has happened to the company, INCLUDING THE LAST PRESS RELEASE REGARDING AEC. Do we know what will happen next?? Anyone???? I sure don't. So, Harwood, this play is far from over. But I will agree, anything short of groundbreaking, and this company will feel a lot of investor frustration. I think many "investors" are feeling that the VSE should get involved and find out what exactly is going on with this company. My opinion?? As a speculator, if A=b=c..., this thing will be a huge winner. I hope as a speculator, not as investor, we have something substantial. It is too bad we have to speculate on the company itself and not on the geological side. We have nothing to base anything. We are sitting ducks until something of importance happens. Until then, don't hold your breath. truth