American Energy Production Inc(fka AENP)

[jackson227]

The only things that scare me about AENP's filings are their repeated operating losses.


They better start making some money, otherwise it will be very difficult to presumethe business is a going-concern.


They have very little cash.


The good thing is that they have little debt.

If they can make it through this year alright and start posting profits, the good news is that they have past-years losses that can be carried forward to off-set any future profits.


Question for you.


Does AENP have any plans of ever being bought out, or do they want to operate on their own?



FYI- I didn't contact JPM yesterday. I will be doing so early next week.