American International Petroleum Corporation (fka AIPN)

[Begesh]

Gofer, you forgot to mention this inforamtion at http://www.investingdd.com and that you have also called me many namess,


carefulinvestor


Aug 26, 2002, 10:00 PM

Post #1 of 11 (409 views)
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Long term deal (with a large oil company) & expansion at the Lake Charles Refinery!
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The Company is currently negotiating a long-term transaction with a large oil company which would fully utilize the entire Lake Charles refining and asphalt facilities and provide it with the working capital necessary to support all of its domestic overhead and operations. ...

As operations at the Refinery expand during 2002, the Company plans, to the extent possible, to prudently obtain bank or other conventional, non-equity financing to replace its existing convertible debt and provide the supplemental funds necessary to support its operations and minimum work program in Kazakhstan.

From AIPN's S-1/A, August 26, 2002 (emphases added)