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Re: Nelderand post# 33106

Friday, 08/17/2007 10:22:29 PM

Friday, August 17, 2007 10:22:29 PM

Post# of 44006
Is it true that AMEP has no debt?

Johnnie Bitters:
Promissory Note $2,000,000
Accrued 8% Int. 577,589
Operator of Proco 480,466

Total $3,058,055


Charles Bitters:
Accrued Salary and etc... $260,425
Advances to Bend Arch 504,703

Total $765,128

Grand Total (6/30/07) $3,823,183

Market Cap. (8/17/07) $8,750,000

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