ctb Re: how JB issued shares out of the present a/s..see post no 29142 <A HREF="http://www.americanenergyproduction.com/OL-07-07-05.html" target="_blank">http://www.americanenergyproduction.com/OL-07-07-05.html</A> This is AMEP letter to us commoners..see no 3 and his disertation on his preferred shares.. John B has $2,000,000 that can be converted to common shares See post 29170 re: failure to reserve enough common shares for JB & CB. None of this makes me feel warm and fuzzy..