American Energy Production Inc(fka AENP)

[shadow43560]

"A) If he was to convert all of the shares, (and he could do it the day after the split - if he wanted to) - then they would become 144 restricted locked-up shares. The waiting period would be would be two years before he could sell any of them. TWO YEARS."

The conversion to common stock will give CB control of the company. He doesn't need to sell any shares..In fact, he gives up a little control each time he sells shares..

The control is what bothers me..Like I have stated before..This will be the last vote where the common share holders have a chance of winning a vote.

The pps will drop accordingly..we are going to take another hit