American International Petroleum Corporation (fka AIPN)

[Begesh]

Even more reasons for optimism!?!?!?!?!?!?!?!

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=44790

By: Sniper67 $$$$$
09 May 2002, 09:38 AM EDT Msg. 44790 of 44819

FOOD FOR THOUGHT!

1. QUESTION: What would make the BigRefineryDeal a higher priority than the KAZ leases?

POSSIBLE ANSWER: CASH FLOW!!! Jim Knight's challenge is to turn this company around with a virtually shut-down refinery and non-productive O&G leases. Doing so requires a viable operating segment and steady cash flow. The Lake Charles refinery will provide both.

2. QUESTION: Why has Knight spent more time and effort on the alledged refinery deal versus the KAZ leases since arriving at AIPN?

POSSIBLE ANSWER: The pressure is on Knight to complete the refinery deal and obtain financing for both product purchases and takeout of debenture holders. If he does not have confidence in current employees to negotiate and complete the deal/financing, he has to maintain a more "hands-on" position than might otherwise be required!

3. QUESTION: Why has he not yet gone to Russia/KAZ?

POSSIBLE ANSWER: Aside from the refinery deal, there may be scenarios and discussions re 1551 and 953 that require his attention in the USA. Talks with Gazprom are certainly important. But so are JV partner/financing opportunities! And he can monitor status of refinery negotiations from the corporate office without having to spend 100% of his time on it.

REMEMBER: Knight came on board to run the company as CEO and provide leadership in monetizing the KAZ leases. However, if he cannot show performance on closing the refinery deal, the CEO title and his tenure at AIPN may become moot points.

But if he does close these deals, as I believe he will, it paves the way for stronger skill sets to come on board the company. And that will help all of us!

JMHO of course!

SNIPER