This is how they operate:
CORAL SPRINGS, Fla.--(BUSINESS WIRE)--Brass Bulls Corp. announced today that it has accumulated in excess of 6% of the issued and outstanding shares of American Asia Petroleum Corp. (Pink Sheets: AAPM). The shares have been acquired over the last two months in open market transactions.
Based on American Asia Petroleum's latest financial information filed on Pinksheets.com, the Company had over $11 million in shareholder equity. This represents approximately $0.005 per share. For the Nine month period ended September 30, 2006, American Asia Petroleum (AAPM) reported unaudited revenues of $29,934,935 and net income of $426,098.
Some of the items Brass Bulls Corp. intends to request of American Asia Petroleum (AAPM) management are:
1) Audited financials
2) File Form 10 to become fully reporting if appropriate.
3) File a 15C2-11 to update disclosure
4) Seek listing on a National Exchange
5) A monthly update on the shares issued and outstanding.
6) Increased communications with shareholders.
Brass Bulls Corp. is a business consulting company that provides advisory and financing services to private and publicly traded companies.
They believe exactly what everyone here has been screaming for. Now we know were the 28.5 million shares went too.
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