Nelly Shishkova

Alaska Pacific Energy Corp. (PINK:ASKE) Hit Outstanding Gains

by Nelly Shishkova February 6, 2012
Last week, Alaska Pacific Energy Corp. (PINK:ASKE) hit a couple of outstanding gains. After a downtrend, the stock soared 128.57% on Thursday and another 56.25% on Friday on a traded volume exceeding 18 million shares. ASKE_chart.png

A pretty strange situation, considering the lack of news on Alaska Pacific. To be precise, the last announcement by the company came up in December, last year. At that time, ASKE explained the loss of the Entec opportunity and thanked the shareholders for their support in 2011.

Since December, Alaska has been quiet until Feb 2 when the company filed with the SEC a notice of exempt offering of securities to James R. King, a CEO of ASKE. The document stated that Mr. King has acquired 3.500 shares of ASKE common stock and the stock price flew up at once. The question is, how far the up move may go.

Alaska Pacific Energy Corp. is an exploration-stage company which has no facilities other than a rented office space in Carlsbad, California. Last December, the company's stock price has been pumped up by numerous promotions and now it is a matter of time to see which way ASKE will take.6ASKE_logo.jpg

In December, 2010, the management of Alaska informed the SEC that they were unable to obtain certain of the business information necessary to complete the preparation of the company's 10-Q for the period ended October 31, 2010 and the review of the report by the company's auditors in time for filing. Since then, no financial data on ASKE has been revealed.

As a result, the OTC Markets labeled the company Caveat Emptor (Buyer Beware) and removed ASKE quote from their website.

Comments 3

1. Guest
March 29, 2012, 03:18PM

Quotes i GOT 12 million shares @ .0017

2. Guest
March 29, 2012, 09:04AM

Quotes This is a great stock (ASKE) with low float which was picked also by and

Looking for .25 in 3 months.

3. Guest
February 18, 2012, 09:57PM

Quotes After my research and talking to CEO of Company, Company is about begin in spring (2012)when grounds are right after winter for some more testing on the land that company purchased in Canada last year (2011) to mined for Gold and Silver , of which the last test of mineralization was very good on the land.

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