American International Petroleum Corporation (fka AIPN)

[Golfer]

Is all of this going to happen before or after AIPN is at .005 cents? We have all been waiting for so long now that I hope you do not mind a little case of the doubts.

[Begesh]

Even today one of the rb bashers who is probably long now is hyping ATOFINA / TOTAL FINA ELF

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47956

By: soup_nazi1
15 Jun 2002, 07:30 AM EDT Msg. 47956 of 47963

Atofina-A reminder to hypsters should Atofina turn out to be the "suitor" for the "massive" refinery deal. No accolades please...Soup is the strong, silent, humble type person and prefers to maintain a low profile on the board.

The only thing that doesn't fit is Dodge telling a caller that AIPN has done business with the "suitor" in the past

By: soup_nazi1
29 Jan 2002, 03:31 PM EST Msg. 36253 of 47955

Soup speaks out! He's kept his readers on pins and needles
too long already.

If and when a contract with AIRI is finalized as rumored for more than 7 months when the new shipment of crude was "enroute" "almost there" "should be there today" (Jazoo/Dodge)and never arrived, the deal will be a working relationship with an entity beginning with the letter "A".
No, it's not Ashland.

and after clearing out any remaining backlog of asPHLat contracts, the refinery will concentrate on "light end" refinery production......

Save your praise for later....."per Dodge from previous hypster talks, it will change the way AIPN/AIRI does business" or words to that effect.

HonorableUnimpeachableSoup

Oh as SPAMSTER says....FYI, IMHO, etc etc

[Begesh]

TOTAL FINA ELF and AIPN?

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47411

By: carefulinvestor
11 Jun 2002, 11:59 AM EDT Msg. 47411 of 47955
(This msg. is a reply to 47410 by arcice.)

arcice: A number of posters on this and other lists (including even two of the bashers on RB) have named TotalFinaElf as the upcoming refinery partner.

Some sample examples include:

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47017

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=33282

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=33271

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=33224

The latest 10K (emphases added) also states:

"We are in the latter stages of discussions with a major oil company to finalize an agreement under which we would be provided unlimited amounts of asphalt to fulfill our outstanding contracts and backlog.

The recent 10Q also notes (on the refinery deal):

"...we are currently having discussions that could result in multi-year contracts..."

Maybe TOTAL (or whomever the "major oil company" is) wants AIPN's refinery for this (among other) reasons (10Q, emphases added):

"The facility is now gearing up to produce several new specialty products that are high margin
with potential significant growth possibilities."

These tidbits on the timing of the refinery announcement may also be of interest:

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47078

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47082

BTW, if the refinery deal is with TOTAL (or even another "major oil company") it would not surprise me to see them become involved in some action regarding AIPN's Kaz. concessions in the future.

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47331

Some ideas on where this all me be headed can also be found at:

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47118

For much more see the AIPN board at:

http://www.investingdd.com/

All the best to AIPN long -- our day is coming!!!

FWIW & IMO

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

[Golfer]

I cant believe that anyone believes anything Dodge or anyone else from this company has to say. The asking is now 3 cents and by the end of next week it will be one cent. By the time this contract is signed they will have to pay people to buy these shares. I said it before and I will say it again now. THE FAT LADY IS NO LONGER WARMING UP SHE IS SINGING.

[Begesh]

Dodge update from rb

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47711

By: carefulinvestor
13 Jun 2002, 07:14 PM EDT Msg. 47711 of 47711

DODGE UPDATE

from today at:

http://www.investingdd.com

(On the AIPN board).

And surprise, surprise, it is pretty much antithetical to the "Dodge" update that blindfool fabricated, oops, I mean posted.

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47506

Good times coming for AIPN!!!

FWIW & IMO

"Patience is bitter, but its fruit is sweet."

- Aristotle


(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

[Golfer]

1.2 million shares sold today. That means that there were 1.2 million new suckers who bought into this piece of sc*p or there was one major moron who bought all the shares. Take your pick. I dont know about the rest of you but I am tired of (sorry to use your name) Begesh who keeps telling us things are rosey and wait and see good times are just around the corner. I dont know about the rest of you but I feel like a jerk who has been take to the cleaners and the owner tells me to come back again tomorrow that he thinks he can get it correct. I always knew that there were "fixes" in some investments and there were "fixes." If congress wants to investigat the corruption in the stock market they can add AIPN along with Enron and Tyco. Not that this company has had the same ompact as those two but GF and all the others should be in jail. Good by and good luck to those of you who remain with this dog but I am out of here.

[Begesh]

doc from rb

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47491

By: docholidayco $$$$$
11 Jun 2002, 10:39 PM EDT Msg. 47491 of 47546

The Good News:

While the necessary arrangements are being made for payment on "New" shipment of crude,a very important adjustment has been made in terms of acceptable amount of crude in order to be compliant,under the terms,operational.It is my understanding "AIPC" and the "New" partner is willing to accept a much lower amount of crude than first required,in order to get the refinery contract in place.

Doc

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

[Begesh]

spinoza from rb

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47507

By: spinoza461 $$$$
12 Jun 2002, 12:28 AM EDT Msg. 47507 of 47546

BEEN THERE......DONE THAT......!!!!!

Like any other REAL INVESTOR ......I would have preferred that PPS held at @ 8 to 10 cents per share (or increased) while we wait to see if AIPN really could produce a long-term and lucrative contract with a major player. I'm talking a five year plus deal that would make the decent revenue from the short-lived SG contract look like Monopoly money.

Obviously......This has not happened.

Tonight AIPN investors must confront the seemingly harsh reality that shares of AIPN actually traded today at less than 4 cents per share and even at that price there was little volume.

We've all heard the rumors that GCA is strapped for money and is currently using AIPN as a pincushion in the dog-eat-dog world of debenture finance ......but assume for a moment that this rumor is not true and AIPN has drifted to a new low on its own lack of momentum and/or merit.

What does it all mean......?

Sorry ......But for me it means NOTHING!

Push the PANIC button if that is your temperament......

But ask yourself this......!

If a MASSIVE REFINERY CONTRACT is announced ......will it not move AIPN into the same ballpark we had all hoped for when AIPN was @ a dime a share?

Does it actually matter if in the last few moments before any such announcement ......AIPN is selling at a dime a share, a nickel a share or a penny a share?

THE DEAL (if it occurs) IS WORTH WHAT THE DEAL IS WORTH......Pure and simple!

PPS may stagger a bit rather than sprint ......but like water it will seek it's own level like a river responding to rain in the mountains hundreds of miles away from the delta.

On the other hand......If the MASSIVE REFINERY DEAL is just so much flummery ......

The handwriting may already be on the wall of an arroyo previously strewn with the bleached bones of prior investors......

Unless (Be still my AIPN heart) 1551 suddenly floods our seemingly cul-de-sac arroyo with anomalous animation.

SO THERE YOU HAVE IT!

The fact of the matter is that AIPN is just like 99.9% of all stocks on every exchange.

Lack of execution will cause it to flounder......!

Execution will cause it to flourish......despite PPS!

Am I the only REAL INVESTOR on this board who has ever had the pleasure of watching stocks mimic The Flight Of The Phoenix?

Who has not BEEN THERE......DONE THAT?

IMNHO......The PPS of AIPN tonight is as meaningless as the PPS of ORCL.

But what do I know?

Best of luck to all who deserve it!

[Begesh]

carefulinvestor from rb

By: carefulinvestor
12 Jun 2002, 12:21 AM EDT Msg. 47506 of 47545
(This msg. is a reply to 47500 by docholidayco.)
Doc: You may be right, but AIPN has always been full of surprises and maybe the upcoming move in the pps (due to the refinery contract) will surprise everybody.

After all, if we do get a long term contract with a "major oil company" (10K) that has the refinery running full out year round (and maybe even leads to expansion) who knows how that will be perceived. Even a small move to just .36 gets you an 800% increase now!

Furthermore, if the 1551 gas deal really heats up right after the refinery announcement (which gives AIPN a solid core business), we may be off to the races once again (http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=46257).

The world situation is ripe for JK's picking with both Kaz. concessions (http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47486). If JK is a good as rumored, we may see real action on both 1551 and 953 once the refinery deal is taken care of.

I am a patient man and I am still expecting great things from AIPN(http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47435). I've seen this scenario run many times with other companies, and when the big PR's start popping out regularly things change "in the blink of an eye" (http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47411).

And let's not forget what is likely to take place when the debbers are eliminated.

In any case, thanks again for the updates and your thoughts on this matter.

All the best to you Doc, and all other HONEST AIPN LONGS!

FWIW & IMO

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

[Begesh]

sniper from rb

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47473

By: Sniper67 $$$$$
11 Jun 2002, 09:25 PM EDT Msg. 47473 of 47545
(This msg. is a reply to 47452 by iblindfool.)
BF:

I do understand your pain and anger with this management team. But you give them too much credit! If anyone is being taken by GCA, it is GF and DF! I have absolutely no reason to think or believe that management is in bed with the debbers. They are simply inept!

There will be a ASHM! It was delayed, IMHO, to be able to report good news - and then move forward. Venezuela put a kink in those plans. Now the shortage of crude continues - but efforts are being made to obtain it - and I believe they will be successful. There is nothing management, i.e., Knight, can do under the current circumstances to stem the PPS decline - the debbers have us by our shorts!

I am staying the course - not just for the refinery or 1551 (which is being worked) - but for the turnaround being attempted by JK. Will he be successful? I do not know! But I do give him credit for trying - unlike GF, DF and BT!

I am underwater though probably not as deep as yourself. But at the current PPS, what options do we have? Hang in there my friend - I am quite optimistic that some good will come to us this year!

SNIPER

[Golfer]

As I told you weeks ago ,let me see the facts. All this stock has done is gone lower and the board grants themselves more shares as reward for a "job well done" You have to be kidding.

[Begesh]

Golfer, you could not be more wrong, in my opinion, as time will tell. Have you seen the latest messages on AIPN at http://www.investingdd.com

[Golfer]

I find it funny hat the lower the price of this stock goes the more there are some people who will push it. No it does not take a year to negotiate and finalize a contract. If there were a contract to be signed it would have been done by now. Many of us have been taken for a ride with AIPN and now some are asking why dont people invest a few more dollars and wait and see what happens. The more you invest the more you are going to lose. In todays climate where we cannot count on the Middle East for our supply of oil the more valuable Kazakastan should be, but this is not the case. Could it be possible or is it probable that the concessions that AIPN has over there are worthless. With regard to the refinery and the production of aslphat you do the numbers. With 180 million plus shares how much would the refinery have to produce to make the shares worth anything? With sales of $18 million (and no one is saying that) that would be ten cents per share. The refinery cant produce enough asphalt to make this stock worth the paper it is printed on. There is no deal, there is no contract, there are no oil and gas reserves in Kazakastan held by AIPN. All there is, is a group of directors who have robbed the investors and hypsters who push this stock in the hopes of seeing a penny or two per share and then run like a bandit.

[Begesh]

Portions of good posts from RB:

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47118

By: spinoza461 $$$$
07 Jun 2002, 12:49 AM EDT Msg. 47118 of 47384
(This msg. is a reply to 47004 by iblindfool.)
It's late. I'm tired. I'll be brief.

What is the REAL value of Lake Charles (unencumbered) and running at capacity?

What is the REAL value of a multi-year contract that will consistently produce significantly more revenue per quarter over the next five (or more) years than the SG contract sustained for less than 3 quarters?

What is the REAL value (emotional and/or rational) of a contract with a REAL REAL REAL major ......as opposed to the likes of an SG ......just in the short term?

What is the REAL value of erasing ALL debenture influence with a controlled, orderly and timely financial plan?

Would that be worth two bits?

Might it be worth a buck?

And......most importantly.............................

Would any part of the above scenario be worth an ante of a few hundred dollars just to sit in the game and watch how the cards fall?

BTW......

......As you deny the probability of the above......

I have one other question!

What would be the REAL value of a near simultaneous 1551 deal with ZERO financial risk to AIPN?


http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47001

By: spinoza461 $$$$
06 Jun 2002, 12:40 AM EDT Msg. 47001 of 47384



Despite AIPN's recent track record ......IMNHO I truly believe that in the next few days/weeks AIPN will begin a treck down "The Road Not Traveled" in its recent history ......toward financial success at long last...

If, however, as I suspect......AIPN goes to a minimum of .25 per share OR MORE (Do I hear a dollar?) in June ......you would recoup your prior loss, get back your additional 3k and have the day-to day option of securing an actual profit at long last.

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47147



By: carefulinvestor
07 Jun 2002, 10:45 AM EDT Msg. 47147 of 47384
(This msg. is a reply to 47078 by Sniper67.)
"We are in the latter stages of discussions with
a major oil company to finalize an agreement under which we would be provided unlimited amounts of asphalt to fulfill our outstanding contracts and backlog. We also have recently obtained a credit facility to provide us with the necessary capital to purchase the asphalt feedstocks necessary to service the backlog. At the end of March 2002, there was a backlog of asphalt sales orders of 40,000 tons valued at $6,000,000 compared to 70,000 tons valued at $11 million at the end of March last year."

Latest 10K (emphases added)

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47118

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)



http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=46959

By: docholidayco $$$$$
05 Jun 2002, 04:57 PM EDT Msg. 46959 of 47384

Fact:

AIPN has agreed to a new Refinery contract with a major oil company.

AIPN will develop their own feedstock by purchasing Crude for the refinery.

AIPN has recieved,as part of the agreement,a letter of credit for which will be used to secure the funds to pay for the crude.

AIPN will announce the refinery agreement,with the permission of the New partner,once the crude agreement is reached and the arrangement for payment is accepted.

NOW! Omegawoman!....go cry somewhere else!

DOC

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)



http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=46991

By: docholidayco $$$$$
05 Jun 2002, 11:11 PM EDT Msg. 46991 of 47384

FACT...

AIPN will announce a Muti-Year Refinery Contract with a Major Oil Company.

The Lakers will win game one.....

doc


(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)



http://groups.yahoo.com/group/aipnshareholdersforum/message/9750

From: rmccri2182
Date: Sat Jun 8, 2002 2:10 pm
Subject: STOLL


From my sources Knight is not concerned about right now his concern
is long term. He says this deal is moving ahead very rapidly much
better than he expected. DEBBERS RIGHT NOW are just doing what they
have to do to compile with terms of loan agreements.

[Golfer]

This board has been so quiet. Where are all those posters who kept telling us to be patient that good times were just around the corner? It seems from what AIPN has been doing these past days that the corner is getting further and further away. Or is there no corner at all?

[Golfer]

Begesh; Someday I would like to meet you and find out what is really causing you to be so optomistic. If it is something you are eating, drinking or smoking I would like to have some. No slur to your character intended. Lets hope you are right. We will have to wait and see.

[Begesh]

Golfer, yes, more optimistic than ever, as we are closer than ever to the refinery contract announcement and I rely on information not the stock price to make decisions. I remember hering that this refinery deal is a multiyear contract with a major and should have the refinery running all year around and that it should provide for an expansion of the refinery. I think someone wrote the refinery would be taken up to 40,000 barrels a day. I've also heard that because of this refinery deal the debenture holders will be paid off and the dilution stopped. It seems a temporary crude shortage is the only thing holding everything up at this point. While we wait the dilution continues to take the price down. This may be good for buyers, it does not look good for peopel who have already bought their stock. Here are some messages I have seen on raging bull about this and a link to a new site that has similar information and sometimes gives more details.

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=46527

By: LITALI1245 $$$
30 May 2002, 01:35 PM EDT Msg. 46527 of 46536
(This msg. is a reply to 46522 by drobjdm.)

DROB

Aside from this being true about the asphalt I truly believe that this shortage of crude is what is holding up the implementation of the refinery contract.

I've been talking to DODGE from time to time and found nothing new to post for the past month or so.Now I seem to be getting the vibes through my last conversation with Mike that as soon as the crude market loosens up the refinery contract will be implemented.--In MO it's a done deal that can happen any day any hour. FWIW--Lit

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=46491

By: Sniper67 $$$$$
29 May 2002, 06:35 PM EDT Msg. 46491 of 46537
(This msg. is a reply to 46486 by pwade0821.)

PWADE:

The short answer is - no crude! AIPN has to wait in line behind the big boys! Pat the "refinery deal" is real! They are trying to implement! Unfortunately the conversions continue in the interim!

SNIPER

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=46493

By: carefulinvestor
29 May 2002, 07:07 PM EDT Msg. 46493 of 46537
(This msg. is a reply to 46433 by chikuduk.)

ckic: Thanks for noting the new link to D.O.C.$ AIPN discussion board!

This link should get new comers to the sign up page:

http://www.investingdd.com/cgi-bin/forum/gforum.cgi?do=login;guest=4355

Just click on "Sign me up!" to get started.

Most of the best info on AIPN that is being posted publicly seems to now be coming out at the new D.O.C.$ site.

It is also nice not to have to put up with all the nonsense of the bashers.

Good times coming for AIPN!!!

FWIW & IMO

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45522

By: carefulinvestor
17 May 2002, 11:39 AM EDT Msg. 45522 of 46537
(This msg. is a reply to 45512 by cnasty2.)

cnasty2: Why didn't "the street" know about ADSX when it ran from .11 to $2.40? The so-called "street" has been wrong often, as has been proved time and time again throughout the history of the stock market.

And this is the OTC, expect even stranger things to happen -- they do all the time.

Furthermore, unless AIPN was lying to the SEC in the 10Q a couple of days ago, multi-year (http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45414) refinery contracts (plural, http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45418) are still on the table.

AIPN also noted in that same 10Q that the refinery "is now gearing up to produce several new specialty products that are high margin with potential significant growth possibilities," (http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45417) which still fits with the ATOFINA (http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=41881 ) rumors that have been circulating for some time.

Moreover, why are they gearing up now at the Lake Charles refinery, if nothing is about to happen?

The same 10Q also stated (on the 1551 gas deals):

"We are currently engaged in negotiations and discussions with various
potential purchasers and transporters for the transportation and/or
purchase of our anticipated Shagryly gas production and other gas we may
have available for sale under a U.S. Dollar or Eurodollar backed contract"

"...of Shagyrly Shomyshty. We have had discussions with various financing
entities, suppliers and export credit agencies regarding project financing
to complete the full development of this project."

On 953 we also read:

In May 1997, our American International Petroleum Kazakhstan subsidiary
entered into an agreement with MED Shipping and Trading S.A., a Liberian
corporation with offices in Frankfurt, Germany, to acquire 70% of the stock
of MED Shipping Usturt Petroleum Ltd., a Kazakhstan corporation which owns
100% of the working interest in a Kazakhstan oil and gas concession called
License 953.The concession is located approximately 125 kilometers from
the Chevron Corporation"s multi-billion-barrel Tengiz Oil field near the
Caspian Sea in the North Usturt Basin.

"...we believe it continues to be a viable
prospect because License 953 is known to contain other geological
structures with unevaluated geological potential and we currently intend to
have the required minimum work program completed in accordance with the
contract...After extensive testing and geological and geophysical research and study,
we believe that any significant volumes of economically recoverable oil and
gas may be found in the deep, untested, carboniferous age rocks. The
carboniferous is present over approximately 40% of the total unevaluated
acreage remaining on License 953."

Seeds has done some stellar research in the area and provided us with many excellent posts regarding these comments.

Here is just one example:

---

By: seeds-by-size $$$$
29 Apr 2002, 09:55 AM EDT Msg. 43885 of 45519
(This msg. is a reply to 43856 by carefulinvestor.)

Dear carefullinvestor,

It just means that like money speaks louder then words any oil company looking for a bigger stake in Kazakhstan or an oil major coming in for the first time will realise the potential large amount of oil and gas on the AIPN Licence 953 and licence 1551,after all the North Ustyurt Basin is said to be the second largest richest hydrocarbon Basin after the North Caspian Basin in all of Kazakhstan.

I came across what will be probably be found at 4,400 meters long before I ever heard of AIPN from a discussion with an oil engineer who was working for an oil company in an oil field in Turkmenistan whose carboniferous hydrocarbon reservoir depth was similair to the Tenzig depth and all three Baisins touch each other and shared a similair geological history up to that time.

In summation I am just saying INCREASINGLY VALUABLE HYDROCARBON ASSETS LIKE THOSE AT 1551 & 953 WILL ATTRACT INCREASINGLY DEEPER FINANCIAL POCKETS and this has been going on for at least 2 years or more from what I have read on this board and it is only a matter of time ,in my opinion, that if AIPN can hang on that a favourable deal for AIPN will be made in my opinion and in terms of statistical probability.

Just supply and demand once the morst favourable fields in the North Caspian,Middle Caspian and South Caspian basins are snapped up which now they look to be except in the disputed areas that The North Ustyurt Basin is Next and the biggest prize is AIPN's 1551 and 953 licences as I see it.

John Size

From: http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=43885
___

It is also been noted on this board that serious talks are taking place regarding both 953 and 1551 and that JK plans to fly to Russia (if he has not already left) soon to focus on closing a deal on 1551.

Emphases added throughout this post.

FWIW & IMO

Competition

Refining and Asphalt Divisions

The State Departments of Transportation throughout the southeastern part of
the United States, including all the states that we consider our
marketplace, continue to expand the percentage of polymer modified asphalts
in the total mix of road grade asphalts laid on their various highways.
This continuing development has been very good for us as the major oil
companies continue their withdrawal from this complex business. Our Lake
Charles asphalt blending facility currently has the capability to furnish
the majority of these polymer modified products. The facility is now
gearing up to produce several new specialty products that are high margin
with potential significant growth possibilities.

In addition to the construction of the Exxon coker in Houston, which
eliminated Exxon Mobil from the asphalt business, Marathon Ashland
Petroleum has recently commissioned a large coker in New Orleans that we
expect will bring drastic supply changes to the entire marketplace.
Marathon will move from a net seller in the wholesale asphalt market to a
net buyer to supply their vast downstream retail rack business. We plan to
fill a portion of this void upon resumption of crude processing.

Most of our competition in our planned asphalt manufacturing business will
come from those refiners who do not have downstream processing options such
as residual coking capacity. The major competitor in the local truck rack
market is a blending plant operation over 75 miles away. The average
distance from our refinery to the nearest competing truck rack
asphalt-producing refinery is over 150 miles away. We have been successful
over the past year developing the East Texas market. Our current volume in
East Texas approaches fifty percent of our business. We have transportation
advantages over all competitors in the gulf coast area except one whose
overall cost basis is higher than ours.

10Q


(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

[Golfer]

Begesh.... .047 are you still optomistic??

[chuk e cheez]

Geez, this thing really is a penny stock isn't it? Spoke to a broker at a major firm not too long ago (while golfing), I won't mention the firm, and he had just bought 20k worth at the .07 range. He said AIPN was a good company and needed a 2 year window for its plans to come to fruition. He liked management, especially Knight. We will see won't we.

chuk e cheese

[Golfer]

Begesh, Your optomism better spring forth soon because a few more days like today and we will be in negative numbers.

[Begesh]

Golfer, no I am not always optimistic, but I still think AIPN is finally about to move up. These posts from RB are good,,the last has the location for a new AIPN discussion group:

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45400

By: carefulinvestor
16 May 2002, 05:31 PM EDT Msg. 45400 of 46216
(This msg. is a reply to 45388 by Sniper67.)
Sniper, I agree with you.

I also believe the upcoming refinery deal will not only give AIPN a long-term profitable core business, but will lead to the elimination of the debbers (in time).

However, even more importantly, it will buy AIPN as much time as they need to capitalize on the Kaz. concessions (and there is a high likelihood for HUGE profits here given enough time).

I am not looking for big overnight profits, though I may get them if enough people realize what a long-term, multi-year contract with a company like TOTAL really means to AIPN. Not just the contract itself, but the long term consequences. If there are enough astute buyers to recognize the astounding potential that will become even more likely if a long term deal is signed with TOTAL, and these ideas are factored into buying decisions, the pps will likely move up very quickly.

However, I am prepared to wait if necessary -- though I also know that it does not take much (especially when it seems that AIPN is so close on so many fronts) to quickly turn the pps in the opposite direction and even to see some large moves that way.

Do you have any further comments (positive or negative)?

All the best to you and other honest AIPN longs!!!

FWIW & IMO

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45318

By: Sniper67 $$$$$
16 May 2002, 01:07 PM EDT Msg. 45318 of 46216
(This msg. is a reply to 45315 by AmericanMoni.)
MONI: If you are going to make

the statement, you should back it up! Otherwise you get thrown in with all the other hypesters and bashers!

On p.7 of 10Q - "we are in the latter stages of discussions with a major oil company to finalize an agreement under which we would be provided unlimitd amounts of asphalt..."

Saying it was executed would require a PR wouldn't it?

SNIPER

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45212

By: carefulinvestor
15 May 2002, 05:37 PM EDT Msg. 45212 of 46216

Some of the most interesting recent information on AIPN can now be found at:

http://www.overnightprofits.com/investing/cgi-bin/forum/gforum.cgi

And there are no bashers (moni, 5X5, blindfool, et al.) to clutter the board!

FWIW & IMO

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=38910

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

[Golfer]

Are you always this optomistic or do you know something that the rest of us mere mortals do not know? You said one more month. Lets wait and see.

[Begesh]

I am more confident now than I have been for a long time. I expect we are about to witness positive movement in the share price. This should be due to the news of good developments at AIPN in the coming weeks.

[Golfer]

Begesh; Up today on 1.9 million shares traded, 11.54%, 6 thousands of a cent. The month of May is soon ending. At this rate I figure it will only take another 5 to 6 hundred trading days to see a decent number. Are you still so confident? Will I ever have to buy yoy that dinner?

[Begesh]

Golfer, when I see a respected poster on RB like sniper, who has said he personally knows almost all AIPN's management team in this post http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=44954, say that he knows the refinery deal is done http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45247, along with what looks like obvious leaks http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=44739, because of the great detail that fits with the many rumors and the latest news from the company, I tend to think that something big is about to happen.

This information makes it look like certain conditions are being fulfilled by AIPN before they publicly announce the long awaited refinery contract.

The recent 10Q also stated "We are in the latter stages of discussions with a major oil company to finalize an agreement under which we would be provided unlimited amounts of asphalt to fulfill our outstanding contracts and backlog." Much more good information came out in the recent 10Q http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45522.

Now we hear that AIPN is strictly controlling the information that is going out and this makes me think even more that we are very close to a big press release.

We will know soon enough and I like you hope goods things are about to happen.

[Golfer]

All what you say might be true and with any other company I would agree. When I first got into AIPN I looked at all the potential regarding Kaz. and said that there was no way for this not to be really big. My problem is not with what is supposed to be there but with who is running this company. I just do not understand how any business that has assets like AIPN is supposed to have has not been able to capitalize on them. I know what others have posted and what Dodge has said that contracts take a long time to negotiate and finalize. Let me tell you that I have a daughter who works for one of the largest law firms in New York and she cant understand why nothing has come to fruition yet. She has negotiated deals with firms much larger than AIPN and never have they taken so long to complete. You must admit that every time Dodge or any other official from this company talks it must be taken with a grain of salt. How many times in the past year has Dodge said that it will only be a few days or weeks more? At some point they have to put up or shut up. To date they have not been able to close a single deal that they say they are working on. Turn this company over to a real business person and then lets see what happens. Again and again I have said that nothing would please me more than to be proven wrong and I would have to eat my words. I just have difficulty believing anything that is posted and even more difficulty believing anything that comes from the mouths of an AIPN official. Luck to all those who have been here for all these many years.

[Begesh]

Golfer: This is a good question, from a previous post.

What do you think the refinery is gearing up for and why is this important?

Remember, this week's 10Q said "The facility is now gearing up to produce several new specialty products that are high margin
with potential significant growth possibilities."

Here is another enjoyable post from RB.

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45400

By: carefulinvestor
16 May 2002, 05:31 PM EDT Msg. 45400 of 45588
(This msg. is a reply to 45388 by Sniper67.)

Sniper, I agree with you.

I also believe the upcoming refinery deal will not only give AIPN a long-term profitable core business, but will lead to the elimination of the debbers (in time).

However, even more importantly, it will buy AIPN as much time as they need to capitalize on the Kaz. concessions (and there is a high likelihood for HUGE profits here given enough time).

I am not looking for big overnight profits, though I may get them if enough people realize what a long-term, multi-year contract with a company like TOTAL really means to AIPN. Not just the contract itself, but the long term consequences. If there are enough astute buyers to recognize the astounding potential that will become even more likely if a long term deal is signed with TOTAL, and these ideas are factored into buying decisions, the pps will likely move up very quickly.

However, I am prepared to wait if necessary -- though I also know that it does not take much (especially when it seems that AIPN is so close on so many fronts) to quickly turn the pps in the opposite direction and even to see some large moves that way.

Do you have any further comments (positive or negative)?

All the best to you and other honest AIPN longs!!!

FWIW & IMO

[Golfer]

I read the posts you sent and there is still a problem with them. These are announcements that were put out by AIPN and that in itself makes them suspect. I have been with this stock now for probably the better part of four to five years and in all that time I have never known them to be honest with anything that they say. I know that it is my fault and I should have done better with my research but and here is the but. One would think that if they had the resources that they say they have in Kaz. then a blind person would have been able to capitalize on it by now. There is no and I repeat no way that any management could have done a worse job than this one has done. They are supposedly sitting on top of one of the largest oil and gas deposits the world has even seen and they cant sign a contract. Please. If you believe that then I have a bridge in Brookly N.Y. that I would like to sell you. So far all that I have seen is GF and company line their pockets with the money that comes in every time they sell more stock. This is a company that had 40 plus million shares when I got envolved and today there are something in the neighborhood of 190 million shares. Do the math. What would they have to have as revenues for this stock to go to say $1. Their last 1/4 report shows that not only did they loose money but they had smaller earnings than the same period the year before. They lost 1 cent. Tell me because I must be missing somethingh. Why do you still have the confidence that you have? I may think the glass is half empty but why do you keep insisting that the glass is half full. You ask me why I keep the stock. I'll tell you. At .055 cents it does not pay to sell. One, it is a reminder to me of how stupid and greedy I was when I did not get out at $7. Second, I know that as soon as I sell something is going to happen and I will never stop kicking myself. Till then good luck to all and I certainly hope that you are right and I am wrong but I have my reservations.

[Begesh]

Golfer, I still think we will see better days for AIPN.

I think this post from RB sums things us.

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45522

By: carefulinvestor
17 May 2002, 11:39 AM EDT Msg. 45522 of 45528
(This msg. is a reply to 45512 by cnasty2.)

cnasty2: Why didn't "the street" know about ADSX when it ran from .11 to $2.40? The so-called "street" has been wrong often, as has been proved time and time again throughout the history of the stock market.

And this is the OTC, expect even stranger things to happen -- they do all the time.

Furthermore, unless AIPN was lying to the SEC in the 10Q a couple of days ago, multi-year (http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45414) refinery contracts (plural, http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45418) are still on the table.

AIPN also noted in that same 10Q that the refinery "is now gearing up to produce several new specialty products that are high margin with potential significant growth possibilities," (http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45417) which still fits with the ATOFINA (http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=41881 ) rumors that have been circulating for some time.

Moreover, why are they gearing up now at the Lake Charles refinery, if nothing is about to happen?

The same 10Q also stated (on the 1551 gas deals):

"We are currently engaged in negotiations and discussions with various
potential purchasers and transporters for the transportation and/or
purchase of our anticipated Shagryly gas production and other gas we may
have available for sale under a U.S. Dollar or Eurodollar backed contract"

"...of Shagyrly Shomyshty. We have had discussions with various financing
entities, suppliers and export credit agencies regarding project financing
to complete the full development of this project."

On 953 we also read:

In May 1997, our American International Petroleum Kazakhstan subsidiary
entered into an agreement with MED Shipping and Trading S.A., a Liberian
corporation with offices in Frankfurt, Germany, to acquire 70% of the stock
of MED Shipping Usturt Petroleum Ltd., a Kazakhstan corporation which owns
100% of the working interest in a Kazakhstan oil and gas concession called
License 953.The concession is located approximately 125 kilometers from
the Chevron Corporation"s multi-billion-barrel Tengiz Oil field near the
Caspian Sea in the North Usturt Basin.

"...we believe it continues to be a viable
prospect because License 953 is known to contain other geological
structures with unevaluated geological potential and we currently intend to
have the required minimum work program completed in accordance with the
contract...After extensive testing and geological and geophysical research and study,
we believe that any significant volumes of economically recoverable oil and
gas may be found in the deep, untested, carboniferous age rocks. The
carboniferous is present over approximately 40% of the total unevaluated
acreage remaining on License 953."

Seeds has done some stellar research in the area and provided us with many excellent posts regarding these comments.

Here is just one example:

---

By: seeds-by-size $$$$
29 Apr 2002, 09:55 AM EDT Msg. 43885 of 45519
(This msg. is a reply to 43856 by carefulinvestor.)

Dear carefullinvestor,

It just means that like money speaks louder then words any oil company looking for a bigger stake in Kazakhstan or an oil major coming in for the first time will realise the potential large amount of oil and gas on the AIPN Licence 953 and licence 1551,after all the North Ustyurt Basin is said to be the second largest richest hydrocarbon Basin after the North Caspian Basin in all of Kazakhstan.

I came across what will be probably be found at 4,400 meters long before I ever heard of AIPN from a discussion with an oil engineer who was working for an oil company in an oil field in Turkmenistan whose carboniferous hydrocarbon reservoir depth was similair to the Tenzig depth and all three Baisins touch each other and shared a similair geological history up to that time.

In summation I am just saying INCREASINGLY VALUABLE HYDROCARBON ASSETS LIKE THOSE AT 1551 & 953 WILL ATTRACT INCREASINGLY DEEPER FINANCIAL POCKETS and this has been going on for at least 2 years or more from what I have read on this board and it is only a matter of time ,in my opinion, that if AIPN can hang on that a favourable deal for AIPN will be made in my opinion and in terms of statistical probability.

Just supply and demand once the morst favourable fields in the North Caspian,Middle Caspian and South Caspian basins are snapped up which now they look to be except in the disputed areas that The North Ustyurt Basin is Next and the biggest prize is AIPN's 1551 and 953 licences as I see it.

John Size

From: http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=43885
___

It is also been noted on this board that serious talks are taking place regarding both 953 and 1551 and that JK plans to fly to Russia (if he has not already left) soon to focus on closing a deal on 1551.

Emphases added throughout this post.

FWIW & IMO

Competition

Refining and Asphalt Divisions

The State Departments of Transportation throughout the southeastern part of
the United States, including all the states that we consider our
marketplace, continue to expand the percentage of polymer modified asphalts
in the total mix of road grade asphalts laid on their various highways.
This continuing development has been very good for us as the major oil
companies continue their withdrawal from this complex business. Our Lake
Charles asphalt blending facility currently has the capability to furnish
the majority of these polymer modified products. The facility is now
gearing up to produce several new specialty products that are high margin
with potential significant growth possibilities.

In addition to the construction of the Exxon coker in Houston, which
eliminated Exxon Mobil from the asphalt business, Marathon Ashland
Petroleum has recently commissioned a large coker in New Orleans that we
expect will bring drastic supply changes to the entire marketplace.
Marathon will move from a net seller in the wholesale asphalt market to a
net buyer to supply their vast downstream retail rack business. We plan to
fill a portion of this void upon resumption of crude processing.

Most of our competition in our planned asphalt manufacturing business will
come from those refiners who do not have downstream processing options such
as residual coking capacity. The major competitor in the local truck rack
market is a blending plant operation over 75 miles away. The average
distance from our refinery to the nearest competing truck rack
asphalt-producing refinery is over 150 miles away. We have been successful
over the past year developing the East Texas market. Our current volume in
East Texas approaches fifty percent of our business. We have transportation
advantages over all competitors in the gulf coast area except one whose
overall cost basis is higher than ours.

10Q


(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

[Golfer]

I hate to say it but I think the FAT lady is warming up her voice and is in the wings. She is about to make an appearance.

[Golfer]

Begesh; This post is for you. AIPN just released their 1/4 report and this does not look like something we have been waiting for. Revenues down $900k over last year. Net loss up $75k over same period last year. The only good news and it rally isnt good is that the loss per share went from 2 cents to 1 cent. That is because of the increase in the number of shares. I am not an accountant but this certainly is not the kind of report that you would want to see in the hopes that this company has turned things around. I may be mistaken but I think that you might have lost a free meal from todays report. Would you like to comment on this report and pardon me for asking but are you still as confident as you were a few days ago?

[Begesh]

Golfer, lets hope so, for the sake of all those who have suffered through AIPNs decline. We were up 15% today. Hopefully this will continue. This message from ragin bull might be of interest.

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=45116

By: carefulinvestor
14 May 2002, 05:13 PM EDT Msg. 45116 of 45117
(This msg. is a reply to 45114 by carefulinvestor.)
BTW, for those who have not already seen it, there are some very interesting posts on AIPN on "D.O.C.$" AIPN message board at:

http://www.overnightprofits.com/investing/cgi-bin/forum/gforum.cgi

FWIW & IMO

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

[Golfer]

Are my eyes playing tricks on me or did I see AIPN go up one whole cent today. Begesh, I may have to eat my words and pay for the meal.

[Begesh]

Golfer, I sincerely hope you not only recoup all your loses, but that you make a big profit on AIPN before you are done with this stock. And thanks for the offer on the meal, it tells me you are a decent guy.

BTW, here is another interesting post from a fellow named sniper on raging bull, who says he knows many of the main players at AIPN, and yet also seems quite hopeful about the future of this company.

By: Sniper67 $$$$$
03 Mar 2002, 12:19 PM EST Msg. 38910 of 44927

What happens if:

1. Lake Charles - Refinery contract is executed with provisions for (a) purchase of crude oil, (b) marketing of end products, and (c) facility expansion/upgrade!

2. St. Marks - Problems with FDEP are resolved amicably with (a) provisions for clean-up, (b) permit renewal, and (c) storage operation!

3. St. Marks - Marketing and sales of asphalt are expanded to several southern states with an upgrade to current facilities!

5. KAZ - Sales contract is executed with either GAZPROM (my guess) or several other potential sources!

4. KAZ (Lease 1551) - Joint venture is formed and funded for 100% of the drilling and development costs - including infrastructure! (Yes - I realize AIPN would give up a majority interest - but so what!)

5. KAZ (Lease 953) - Contract is executed for either (a) Joint Venture development of the lease, or (b) sale of the lease!

6. AIPN - Conventional financing is obtained under favorable terms to AIPN for takeout of the Debs!

7. AIPN - Jim Knight assumes the role of President & CEO and restructures the company with (a) a strategic operating plan, (b) proper skill sets in key positions, (c)cost controls, (d) productivity targets, and (e) accountability!

8. AIPN - The consolidated company operates successfully to (a) erase its equity deficit and (b) produce monthly profits!

DREAM BIG FOLKS! ALLOW YOURSELVES TO BE BLESSED!

BTW - Do not trade on any of the above! Whether any or all of it becomes reality is yet to be seen! However, I have a strong degree of confidence that all of it can happen - IF MANAGEMENT EXECUTES PROPERLY!

JMHO of course!

Paddle Jim!

[Golfer]

I will be willing to take you out for a meal at the retaurant of your choice should you be right. As I said many times earlier, nothing would make me happier than to eat my words. I have had this stock now for probably four years or more and have been disappointed so far. I remember back when there were only 48 million shares, thats how far back it goes. Not that I am depemding on this company for my living but a rise to three or four dollars would cetainly make a big difference in my standard of living. I kept buying and lowering down my average and when I see how many shares I have now it sometimes shocks me. Lets hope you are right and I owe you that meal. Till then I remain skeptical.

[Begesh]

Golfer, I don't think it will be much longer, but if we are still waiting at the end of June I will be very surprised.

I will actually be surprised if we are still waiting at the end of May, but because of the size of the deals that are being made, according to rumors, I like to give some room for the normal, slow!, course of business that sometimes occurs for complex, long term, deals with large companies.

BTW, what did you think of this post from Raging Bull...

By: docholidayco $$$$$
08 May 2002, 07:37 PM EDT Msg. 44739 of 44892

After Further Review:

In regards to the additional tank issue,i stand by my conversation with Mike.The Refinery contract with TotalFina has been agreed to and AIPC has recieved a letter of intent from TotalFinaElf in France several weeks ago.In order to execute the intent, AIPC is required to do many things before the implementation stage can occur."AIA" was formed in order to comply with Total's wishes and while Total will not assume any ownership in "AIA", they will control revenue's generated by "AIA",in exchange AIPC will receive a letter of credit which will allow them to secure two additional financial agreements.AIPC will still be responsible to purchase the crude for the refinery hence, the reason for the financial agreement with USAFundingLTD.
The announcement of this agreement will be made when the Implementation stage has been reached,which includes the refinery being in full production.This announcement could come anytime,several days ago,it was my understanding that a shipment of crude was sitting off shore waiting its turn to be-off loaded and shuttled down to refinery by barge.The question is when will this announcement come? at what point is it considered implemented?......one thing im certain....its coming!

Doc

[Golfer]

I still say that I will be the first to say that I was wrong and that I am sorry. Nothing would make me happier than to eat my words and say that I was wrong. Lets wait and see. By the way how long do you want to wait?

[Begesh]

Even more reasons for optimism!?!?!?!?!?!?!?!

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=44790

By: Sniper67 $$$$$
09 May 2002, 09:38 AM EDT Msg. 44790 of 44819

FOOD FOR THOUGHT!

1. QUESTION: What would make the BigRefineryDeal a higher priority than the KAZ leases?

POSSIBLE ANSWER: CASH FLOW!!! Jim Knight's challenge is to turn this company around with a virtually shut-down refinery and non-productive O&G leases. Doing so requires a viable operating segment and steady cash flow. The Lake Charles refinery will provide both.

2. QUESTION: Why has Knight spent more time and effort on the alledged refinery deal versus the KAZ leases since arriving at AIPN?

POSSIBLE ANSWER: The pressure is on Knight to complete the refinery deal and obtain financing for both product purchases and takeout of debenture holders. If he does not have confidence in current employees to negotiate and complete the deal/financing, he has to maintain a more "hands-on" position than might otherwise be required!

3. QUESTION: Why has he not yet gone to Russia/KAZ?

POSSIBLE ANSWER: Aside from the refinery deal, there may be scenarios and discussions re 1551 and 953 that require his attention in the USA. Talks with Gazprom are certainly important. But so are JV partner/financing opportunities! And he can monitor status of refinery negotiations from the corporate office without having to spend 100% of his time on it.

REMEMBER: Knight came on board to run the company as CEO and provide leadership in monetizing the KAZ leases. However, if he cannot show performance on closing the refinery deal, the CEO title and his tenure at AIPN may become moot points.

But if he does close these deals, as I believe he will, it paves the way for stronger skill sets to come on board the company. And that will help all of us!

JMHO of course!

SNIPER

[Begesh]

Golfer, I still believe, stronger than before, that you will be proven wrong in the days to come. See the links on my previous post for some of the possible reasons why.

[Golfer]

I posted a message here several weeks ago stating that I do believe Dodge, GF or any one from this company when they say that good news is just around the corner. You responed by saying that I should just sit back and wait just a little longer and that good things are about to happen. I do not know your background and you do not know mine, but I can tell you one thing that I am certain about. If there was a contract to be signed it does not take this long to put your name on the dotted line. There is no contract, never has been one and there never will be one. This company has been a GREAT cash cow for GF and all his cronies and have milked it for all it is worth. The real tragedy is that honest investors have been taken to the cleaners by these people and have lost a great deal of money. That is all water under the bridge now. What I would really like to see is some kind of investigation of people like this and reserve a place in some jail for the likes of GF and Ken Delay and all others who thrive on duping unsuspecting and honest people.

[Begesh]

Is the cat out of the bag (from RB)?

See the "And much more!" URL at the bottom of this post from Raging Bull.

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=44758

By: carefulinvestor
08 May 2002, 09:43 PM EDT Msg. 44758 of 44811
(This msg. is a reply to 44739 by docholidayco.)
Doc: Good to see you write:

"In regards to the additional tank issue,i stand by my conversation with Mike."

The messages coming from the club board have not been worth reading for the longest time.

IMO, the messages on that board range from dishonest to "soupish" (i.e. looking for the worst negative spin on any point, no matter how far-fetched).

Only rarely do I ever find anything believable or useful on the club board.

Furthermore, it would not surprise me if the soup/moni "entity/entities" uses a number of names over there like he/she/they/it do over here.

In any case, it does not sound like it will be much longer until the good news starts pouring out for AIPN shareholders!

AIPN TO DA MOON!!!

FWIW & IMO

Doc's conversation with Dodge regarding additional storage tanks at Lake Charles:
http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=44668

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=44671

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=44673

And much more!
http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=44739



(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

[Begesh]

More good news to come?

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=44640

By: docholidayco $$$$$
07 May 2002, 03:56 PM EDT Msg. 44640 of 44646
(This msg. is a reply to 44637 by soup_nazi1.)
Mr Soup:

Your memory serves you correct...the deal was basically done.It involved a very complex set of circumstances beginning with AIPN setting in place a number of issues,
which some can be found in the last PR.What's left now is the execution of ramping up the plant and with that will come additional financing agreements.The crude is in route and all that remains is Lights,camera,action!

Doc

[Chikuduk]

Sniper

Did you know that Gary use to work for FDEP.....Also has a good working relationship with them......He has been friends with some of the guys for years.

Very interesting

[Begesh]

Another interesting post from RB

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=44536

By: chikuduk $$$
05 May 2002, 08:26 PM EDT Msg. 44536 of 44572
(This msg. is a reply to 44534 by soup_nazi1.)

Atofina printed labels are being

shipped to AIA this week...

[Begesh]

Interesting post from RB

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=44298

By: carefulinvestor
03 May 2002, 02:17 PM EDT Msg. 44298 of 44307
(This msg. is a reply to 44229 by ccridertoo.)

Has anyone else also seen these new AIPN tanks?

And thanks for the posts ccridertoo.

FWIW & IMO

---

By: ccridertoo $$$
03 May 2002, 12:27 AM EDT Msg. 44229 of 44297

To whom ever. I live about 25 miles
from the AIPN plant and go right by it 2 or 3 times a month. I have noticed that they have recently installed some large (approx. 30,000 barrel) tanks. Looks to be 6 or 7 of them. I don't know if they are involved with the 4 lane project of Hwy. 171 (2 miles from their plant) from Lake Charles to Shreveport, but if they are, that is more than a 10 year project. No recession here in the hwy. construction sector. Lots of Casinos and the Texas gamblers need nice, smooth roads to ride on. Another is the 4 lane project of hwy. 165 from I10 to north of the grand casino Coushatta, just 20 miles from their plant. I10 from the Texas line to Lake Charles is under re-construction also.

(emphases added)

---

By: ccridertoo $$$
03 May 2002, 01:07 AM EDT Msg. 44231 of 44297
(This msg. is a reply to 44230 by docholidayco.)

Here is a link to the
projects to be let in the next 2 years. Calcasieu parish is where the AIPN plant is located. After looking at the list, it is MUCH bigger than I thought.

http://www.dotd.state.la.us/lettings/letscrn.shtml

[Golfer]

Yes sir and did you see what the stock is doing today. I hope we do not get too much more GOOD news like that. At this price we can not afford it.

[chuk e cheez]

Begesh,
Sounds good. Thanks for the heads up post. AIA sounds like a solid part of AIPN. Hope they expand their market. Now some good news on 1551 & 953 would make alot of people happy. I think I'll buy a few shares and see what happens.

chuk e cheese

[Begesh]

AIPN NEWS TODAY

(BSNS WIRE) American International Asphalt, Inc. Secures $1.8 Million Credit
American International Asphalt, Inc. Secures $1.8 Million Credit Facility


Business Editors

NEW YORK--(BUSINESS WIRE)--May 2, 2002--American International
Asphalt, Inc. ("AIA"), a wholly owned subsidiary of American
International Petroleum Corporation (OTC BB: AIPN), reached an
agreement with Fidelity Funding Business Credit, Ltd., Dallas, TX, for
an aggregate $1.8 million credit facility.

Proceeds will be utilized to acquire asphalt feedstocks to support
AIA's asphalt operations, including its contract backlog and working
capital requirements.

The Company sold approximately 57,000 tons of asphalt in 2001, an
approximate 50% increase over its total asphalt sales in the previous
year, primarily to highway contractors in the states of Louisiana and
Texas. Two-thirds of the 2001 sales consisted of high-margin
polymerized asphalt. AIA anticipates expanding into the specialty
asphalt market later this year and to also begin selling asphalt into
other states as well. Currently, AIA has an asphalt contract backlog
of approximately $7 million, of which approximately 70% is for
polymerized asphalt.

AIA is engaged in the production and retail marketing of
conventional and polymer-modified asphalt for highway paving in the
United States, primarily in the Gulf Coast. AIA has been very
successful in developing its niche market, customer base and
reputation as a supplier of highly reliable "on-spec" asphalt. AIA's
asphalt facilities, located in Lake Charles, LA include an aggregate
asphalt storage tank capacity of approximately 342,000 barrels, or
about 62,000 tons.

American International Petroleum Corporation is a diversified
petroleum company which, through various wholly owned subsidiaries, is
involved in oil and gas exploration and development in the Republic of
Kazakhstan, and in processing crude oil, and in marketing and
transporting a wide array of refined products in the United States.

Statements herein may be identified as forward-looking for
purposes of safe harbor provisions under Section 21E of the Securities
and Exchange Commission Act of 1934. Such statements relating to AIA's
business, including those specific to this press release, including
ability to acquire asphalt feedstocks, fulfill its contract backlog,
expand into specialty asphalt, and sell into new states; and all
future business of the Company, are subject to risks and uncertainties
that could cause actual results to differ materially from those
statements and other risks and factors, identified in American
International Petroleum Corporation's SEC filings.

--30--rlg/ny*

CONTACT: American International Petroleum Corporation, New York
Michael Dodge, 212/688-3333

KEYWORD: NEW YORK
INDUSTRY KEYWORD: BANKING BUILDING/CONSTRUCTION OIL/GAS
SOURCE: American International Petroleum Corporation

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com




*** end of story ***

[Begesh]

Golfer, do you always hold on to investments that you think are scams? Again, I suggest that you and many others know (or at least hope) very well that AIPN will one day get the deals they are looking for and you hold on waiting for that day, because you know when it comes you may get all your money back and then some. BTW, I do not trust anything that comes from the club board, in answer to your question regarding the refinery.

[Golfer]

No you are wrong about why I keep the stock. I have very little faith in this company and its directors. The reason that I keep this stock is because it is worth nothing to sell. At 7 cents a share I would prefer to keep it as a reminder that scams do take place and that there are scam artists around. If that assesment of the directors of this comapny fits then so be it. As I said earlier, show me the contracts and I will be the first to say that I was wrong. By the way what is your evaluation of the post that said that the refinery is not in production and there is no activity at the refinery at all?