American Energy Production Inc(fka AENP)

[rooktrader]

Financing Activities


There was no cash financing activities for 2007 compared to $226,420 of cash provided for the three months ended March 31, 2006. In 2006, the company had $193,920 of cash of net proceeds from the issuance of common stock and $32,500 of cash proceeds from the repayment of a subscription receivable.

Our principal uses of cash to date have been for operating activities and we have funded our operations previously primarily by incurring indebtedness in the form of convertible debentures and issuing common stock.