American Energy Production Inc(fka AENP)

[hayhauler]

Question

Is there any indication that amep is doing anything?
Since the rs, there has been no prs. Not even the pumpers have ventured a guess. Now what really troubles me is the fact that there was a need for an rs which would lead you to believe that they were short of working capial but if no shares are sold which is the story from the longs then how could there be any activity? Add to that the fact that and lets be real here, these are the best times in modern history for the oil industry. Now--- if you check out small oil companies in the Barnett Shale around the Ft. Worth Denton area it is impossible to find one not profitable since 2003. So what's the deal with anep? Leads me to believe that either the leases they own are not productive or the formations are just too difficult for a company like anep with its limited resources and lact of drilling equipment ( which is by all accounts actually water drilling rigs but ok for shallow wells, or they simply have no idea what they are doing ( which when you consider they failed in the 80's could explain away the continued lack of performance in the field. Anyway you have got to question even if your a stuborn long what in the world is goig on with aenp. eom