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randangie1

04/21/09 11:04 AM

#154614 RE: tree man #154607

Item3.02

Unregistered Sales of Equity Securities

Since the last 10Q, the Registrant issued a total of 716,667,000 shares of its restricted common stock in satisfaction of debt. The total value of the liability forgiven as a result of the share issuance was $107,500. The shares were issued under Rule 144 of the Securities Act of 1933.


That's a large amount of shares in a fairly short time frame. What it *should* do is stop all the BS about a <huge> short position...because there is none.

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ronning999

04/21/09 11:33 AM

#154619 RE: tree man #154607

tree man...

"the authorized common share capital of AERP consists of 5,000,000,000 shares of common stock (the “AERP Common Shares”) of which approximately 2,970,378,822 shares are currently issued and outstanding"

That's an increase 374,500,000 unrestricted NEW shares added to the OS since the last 10-Q. So much for massive 'fake' shares and NSS theories.

Also from the 8-K in addition to the above...

"Since the last 10Q, the Registrant issued a total of 716,667,000 shares of its restricted common stock in satisfaction of debt. The total value of the liability forgiven as a result of the share issuance was $107,500. The shares were issued under Rule 144 of the Securities Act of 1933."

These shares will eventually come to market also.