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Gold/Mining/Energy : American International Petroleum Corp

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To: DRRISK who wrote (9666)	4/3/1999 10:55:00 PM
From: DEER HUNTER	Read Replies (1) of 11888

from the files of 'it is Great to be King' category.......from the 10-K... Item 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS During 1998 the Company's Chairman and CEO, Dr. George Faris, loaned the Company an aggregate of $365,000 at an annual interest rate of 10% per annum. The Company repaid $100,000 in April 1998 and the remainder in the first quarter of 1999. ------------------------------------------------------------------------------------------ well......geeezzz......aipn was really kickin it last year huh? So much in fact that they even borrowed money from their own CEO. That about covers it ...... they have now borrowed money from everyone I think. I see what ya mean now DR..... Question.....why not borrow a few mill from the man and get that damn oil out of the ground? You know....all that black gold they are sitting on over there in Oz.....I mean Kaz. I'm sure one well would do it given they know where 'IT' is right? I'll stop..... DH

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