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Re: Penny Machine post# 1277

Thursday, 06/12/2014 8:37:37 AM

Thursday, June 12, 2014 8:37:37 AM

Post# of 1472
Last reported, 9 years ago, the ticker had an O/S of 33,855,000 shares. AENG hasn't filed anything since 2005 so I don't know for sure what the float size is, but since AENG has not amended its authorized share count since 2005 (still remains at 50,000,000), the float cannot be any bigger than 50,000,000 shares.

The ticker doesn't trade every day, but over the past 10 months has bounced between $.0013/share and $.0047/share. I'm sure if it gets enough volume it might push past $.0047/share.

Point is whether intentional or not, false information was being spread all over twitter and here calling AENG a "reinstatement" play. People were then stretching it into a "possible merger" play. Fact is that AENG is neither a reinstatement play or possible merger play. It is just a no information pink sheet ticker with a fairly low float for its price that has remained active with the state of Colorado but hasn't filed anything with the SEC or OTC markets for the past 9 years.

The only real catalyst is the pumping there is no news or filings to support the pumping. Maybe it turns into a nice play, but people should know what they are buying.