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Technology Stocks : Advanced Engine Technologies (AENG) -- Ignore unavailable to you. Want to Upgrade?

To: david travis who wrote (2429)	12/22/1998 2:35:00 PM
From: StockDung	Read Replies (1) \| Respond to of 3383

didn't stock detective write a story on AENG a while back? Hmmmm. Advanced Engine Technologies Inc. (OTCBB: AENG) might be attractive to the folks who invested in B.A.T. International (OTCBB: BAAT). Like B.A.T., Advanced Engine Technologies claims to have the next generation of automotive technology. Perhaps. But at this point, the company is grossly over-valued with a market cap of more than $381 million. Huh? A tight float -only 2 million of the company's 21.5 million shares outstanding are available - has allowed a few unknowns to push the price of this stock to almost $30 per share in the past month. It has since backed off somewhat, but still trades in the high teens, a tad much for a company with no track record, no apparent profit, an unproven product and no filings with the SEC, save for the lengthy list of recent insider trades. Since Jan. 1, more than 20 insider trades have been recorded, totaling almost 2 million shares - almost the entire float. Stock promotion is another murky area for the company. Advanced Engine Technologies was featured recently on the Emerging Company Report, a television infomercial which companies pay to get on. No stock is involved in the cash-only deal so, technically, Emerging Company Report has no stake in how the featured companies perform. ================================================= floyd

To: david travis who wrote (2429)	12/22/1998 2:56:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to 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" "

To: david travis who wrote (2429)	12/22/1998 6:40:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 3383

Yeah TRAV, those look like your kind of stocks: "Tell me about OSCD and RLDS." One is halted and the other has two questionable M & M's. "Keep an eye out"? Why? RU you going to start making them and then have your insider buddies sell into the hyped volume (the usual MO)? Only the Great TRAV (Zampano) could be a market maker in a halted stock (OSCD).

To: david travis who wrote (2429)	12/24/1998 1:20:00 PM
From: Sir Auric Goldfinger	Respond to of 3383

This holding company name seems appropriate as it leaves NOTHING for AENG: RECITALS A. By an agreement for sale by way of assignment dated [27th February 1996] between ZEROPRIZE LTD as seller and the licenser as purchaser ('the assignment agreement'), the licenser has acquired or is entitled to acquire with effect from the payment of the license fee all right, title and interest in and to International Patent Application No. PCT/AAU95/008l5 including the right to apply for or obtain corresponding letters patent in any country in the world, relating to an invention known as the 0X2 combustion engine upon the terms set out in the assignment. B. The licensee desires to manufacture, distribute and market the 0X2 combustion engine and has sought license for that purpose. C. The licenser has agreed to grant the license sought on the following terms and conditions. NOW THE PARTIES AGREE as follows-- Article 1 Interpretation 'License fee' US$40,000,000 such sum to be paid progressively from and to be a first charge on the net revenue until paid in full. The license fee must be paid as to US$10,000,000 from each of the 4 scheduled territories, namely-- European Union NAFTA Asia Rest of the World. Merry Christmas TRAV!