American Energy Partners Inc (AEPT)

[ajja]

as the moderator of the board... Why would management do the following, and
do you think it's in the best interest of shareholders?

On November 13, 2007, our Board of Directors approved a new class of preferred stock, consisting of 150,000,000
shares known as Class A Preferred Stock which has two votes per share on all matters requiring a shareholder vote,
and each share is convertible into ten shares of our common stock at the election of the holder thereof.

As of June 6, 2011, there are 80,787,426 shares of our Class A Preferred Stock issued and outstanding and held by eight
shareholders, three of which are our directors.

Does the R/S apply to the Preferred shares? lolol