Thought I'd make the first post on Amen Properties http://www.amenproperties.com
/ in case anybody else is out there...
-stated goal from company's website..."Amen Properties, Inc. is engaged in the acquisition of cash generating assets, primarily in energy-related industries."
-management has a large insider ownership position. company's current direction was put in place approximately 5 years ago.
-company entered 2007 with a $29 million NOL http://www.sec.gov/Archives/edgar/data/1037599/000115752307011344/a5547354.txt
-company has expanded beyond the retail electricity business of W Power. For example, the company's Priority Power business provides energy procurement services. The company has also made a recent transaction with Santa Fe Energy Trust to acquire Net Profits Royalties... http://www.sec.gov/Archives/edgar/data/1037599/000115752307011051/a5542042.txt
-CFO Kris Oliver has recently signed an agreement that ties his bonus to the company's increase in book value per share...http://www.sec.gov/Archives/edgar/data/1037599/000115752307007471/a5459274.txt
Buyer beware on this one because this company is tiny and management has so far been very tight lipped regarding their future plans.