AEN's 10-QSB appears to be typical of a developmental company in the start-up phase. According to the report, shareholders can expect an issuance of stock within the next twelve months to raise funds needed to build the three plants that are expected to be operational by late 2008, early 2009. These shares may have superior rights to ordinary common shares and they will be dilutive. The company will also take advantage of debt-financing to raise capital.
This is going to be a long haul with a great payday at some time in the future. Insiders continue to invest in the company, which is always a good sign.
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