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.)
SOURCE Alaska Pacific Energy Corp.
