Not familiar with that company. I looked up my historic records for AMNE. In August 2008 AMNE changed symbols from AMGG in a 1-for-20 RS. A few months earlier, February, it had a 1-for-500 RS when it transitioned from RGNO.
The company had been "Regions Oil and Gas" before it transitioned from exploring "mature oil wells" to the insulation business. When I first invested the geopolitical situation indicated that domestic oil production was a good speculative bet. Had they stayed in that business through fracking or natural gas production it might have turned out to be a good call. They went in another direction so now it is what it is.
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