American Energy Production Inc(fka AENP)

[shadow43560]

Some of you folks may be familiar with Harken Energy..HEC..now HKN.
Several yeas ago they did a r/s of 1:10..and left the a/s unchanged..just within the past month or so..they did a 1:22.4 and left the the a/s unchanged. For example somebody starting with 10,000 would have dropped to 1,000 the first split and a tiny 44.6 this second time..

If the company was to change the a/s..what would be the "right" amount? Doing the same ratio as the r/s of outstanding would result in not having sufficient shares to "do good stuff"..

I think the "hope" should be (that is all we have)..that maybe AMEP will do a big acquisition of more leased land or a compatible company. Yes that would dilute our shares..but the action should increase the value of those shares..

If it turns out management uses the shares for "their" own interests and not regular common holders..Then it is time to bail out and go elsewhere with our $$..