Replies to post #29826 on American Energy Production Inc(fka AENP)

[mrditbme]

Once they are converted (in two years) he will be able to vote them. If he sells then sells them, he cannot vote them.

[shadow43560]

ctb Think about this..he won't want to sell..even if he could..he will however have the right to vote his shares..

That is the part of this coming proxy that is bad for us.

He could vote to take the company private and "pay" you whatever he pleases and you ain't got a thing to say about it..Then you will kiss your investment good-bye..

To make sure there is total control JB can convert his $2 million note to $4 million worth of common stock..

Do you trust these folks that much??