American Energy Production Inc(fka AENP)

[shadow43560]

Something that HEC now HKN did after their reverse split of several years ago..they gave common stock holders warrents to buy new shares of stock at a specified price..I forget if it was at a discount..

The purpose of the warrents was to deter a hostile takeover by increasing the o/s in friendly hands..

Also, the company realized cash for general corporate purposes..so..AMEP could offer warrents to all common holders to purchase shares at some specified price..Say the new price is $1.25..the warrents are for $1.20..and one for one..potentially, AMEP could realize cash up to $18 million dollars..and there would be no dilution for those who exercised the warrents..