American Energy Production Inc(fka AENP)

[mom2jbk]

No, my son, you are dead wrong. High risk before, yes, but not what we know operationally now.

Before we knew Padgett #11 production number ($1.2 million annually), that Padgett #12 H was drilled and completed and that Murphy-Nash #1 was being re-drilled to test the Mississippi high formation, we were in high risk mode. We have passed that hurdle. We all anticipated great things because of the richness of O & G found in the Padgett and Murphy-Nash leases, amongst other assets of the company.

CB/management put this back into high risk mode with this proposed R/S, Preferred shares backdoor action and subsequent silence.