Message From the President
April 29 2013 - 3:50PM
OTC Markets
Alaska Pacific Energy Corp. President Issues Message to
Shareholders
MIAMI, April 29, 2013
MIAMI, April 29, 2013 Alaska Pacific Energy Corp. (OTC PINK: ASKE)
President and CEO Dominick Falso issued the following statement to
Company Shareholders earlier today.
“The last two trading days have seen tremendous selloff of our
stock. Frankly, it just does not make sense to me. When we took the
company over the stock was at no bid. We decided shortly thereafter
to not execute a reverse split based on the shareholder support
that occurred as a direct reaction to the change in management. I
have been working very hard to earn your confidence and respect. We
are keeping you up to date on material moves and you have shown
tremendous support. The beginning of last week saw close to half a
billion shares on the bid at .001 and many of us thought that the
stock would continue strengthening. Then later in the week the
selloff occurred. I do not who would sell at a loss for no reason
other than to hurt the company. Perhaps some sour grapes at the old
owner…maybe …who knows why?
I do know that I do not quit. I spoke with the funders on Friday
and the first oil deal looks like a go. I also made a deal with a
Land Man Company that can help us evaluate deals faster and more
efficiently. I will announce the details when the deal is signed in
the next day or two. Things are moving forward in a very positive
way. I am very confident that we will succeed. As I said, I do not
understand the haters that are selling the stock at a loss, but
there cannot be many more of them if any. Most of you have been
very supportive. The phone calls and emails are very positive.
Thank you for your support and encouragement. The oil and gas
industry is at a very exciting time…perhaps more so than any other
time in its history. The guess work of how much production over how
much time is all but gone. It is just a matter of finding and
funding profitable deals…and that is what I am spending my time
doing. I am very excited.”
Safe Harbor Statement: This release includes "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934 that are based upon assumptions that in the future may
prove not to have been accurate and are subject to significant
risks and uncertainties, including statements as to the future
performance of the company and the risks and uncertainties detailed
from time to time in reports filed by the company with the
Securities and Exchange Commission. Although the company believes
that the expectations reflected in its forward-looking statements
are reasonable, it can give no assurance that such expectations or
any of its forward-looking statements will prove to be correct.
Factors that could cause results to differ include, but are not
limited to, the company's ability to raise necessary financing,
retention of key personnel, timely delivery of inventory from the
company's contract manufacturers, timely product development,
product acceptance, and the impact of competitive services and
products, in addition to general economic risks and
uncertainties.
CONTACT: Alaska Pacific Energy Corp.
Dominick Falso, President (954) 793-0657
www.alaskapacificenergy.com
(web site under revision; not totally up to date.)
info@alaskapacificenergy.com
SOURCE Alaska Pacific Energy Corp.
Alaska Pacific Energy (CE) (USOTC:ASKE)
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