American Energy Production Inc(fka AENP)

[Steady_T]

I just spoke to the transfer agent to find out when we can expect the new AENP shares to show up in our accounts.

They say that DTC is dragging their feet a bit, but when he mentioned that the number of shreholders makes a difference in how long the DTC takes in getting the shares out to the brokers, I said there were 5000 shreholders. He replied that would take some time for all of the brokers that hold shares in the street name to get back to the DTC.

The process is that the NAZ approves the RS. The transfer agent make a request to the DTC. DTC sends out a request to the brokers for all of the amounts helds in street names so it can calculate the fractional shares. They get that info back, run the numbers and then send the new shares and amounts to the brokers.

The transfer agent said by the end of the week at the longest. More likely sooner than that. Ameritrade suggested that Tuesday was when they expected the shres in.

FWIW

Steady_T