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Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?

To: MARIO PASQUA who wrote (5000)	11/11/1997 9:07:00 PM
From: Paul R	Read Replies (1) \| Respond to of 11888

If interested in Bouhafa's post from AOL here it is: "It has been reported to me that the terms of AIPC's agreement with the government of Kazakhstan have been published in a Russian newspaper. I'm trying to track down the identity of the paper. Also, a credible person on the SI thread who travels frquently to Kazakhstan has reported that the agreement was signed today. My understanding is that AIPN's lawyers are having the signed agreement translated from Russian as I write this. (12:53 pm) at which point they will review it and give the green light to release it. We are talking a matter of a day or two." Hopefully, if some of the "attackers" will stop, he will come back with his info and opinions.

To: MARIO PASQUA who wrote (5000)	11/11/1997 9:12:00 PM
From: MARIO PASQUA	Respond to of 11888

I like this version, simplify it, and it is easy for many people to understand what going on. "The transaction was financed by significant institutional investors in the form of one-year 14% convertible Notes which are redeemable by the company on April 15, 1998. After April 15, 1998 the Notes are convertible according to a set formula. However, if the company's stock exceeds $8.33/share, the Notes may be convertible after Feb. 12, 1998 at $6.25/share. In connection with the placement of the Notes, the company issued three year warrants to purchase approximately 1,700,000 shares of the company's common stock at $6.25 per share. ------------------- Here is another link for INSIDER DRADING, I'm sure it will benefit some of you. insidertrader.com