American Energy Production Inc(fka AENP)

[WyoInvestor]

"You know how the basher ignore common sense."

What? I'm guessing because I have had a few negative things to say I'm included in the basher camp now.

Is it common sense to think a RS is a good thing? That it is for the good of the shareholder? That we won't take a hit and have a hard time getting that back?

RS announcements out of the blue are never a good thing, despite the PR today and all the speculation (which is all it was) of how it can be viewed positively.

If the RS goes thru as proposed (a very iffy thing) shareholders are going to be facing dilution for a long time. The share price has been hit by dilution for the last few years and was finally starting to recover because the company had no more shares to release. Bring on some more news and cash flow and dilution won't be as big a problem but it will always be there. How hard will it be for the directors to see millions of shares that can be released for easy dollars?

We did take a hit and we haven't recovered from it yet, the rest of the week will be very telling. Remember, the RS announcement wasn't really a PR, it was a SEC filing that many probably haven't seen yet and I expect we will see fall-out from it for some time.

That being said if they follow up with more PRs of production and revenues the PPS should take care of itself. I'm very happy that my predictions of hitting the 2 cent range were wrong.