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

To: Terry Jackson who wrote (9425)	1/24/1999 2:27:00 PM
From: Patentlawmeister	Respond to of 11888

Thanks for the info. I guess I'll hold on for awhile My tip comes from someone who knows Bobby C, if that's worth anything.

To: Terry Jackson who wrote (9425)	1/24/1999 8:47:00 PM
From: Razorbak	Read Replies (1) \| Respond to of 11888

Equity, Not Assets Its chances of sinking to zero are miniscule in that it does have a refinery as a worthwhile assett. Terry: Your thought process is flawed. Most of the participants on this thread have invested in the equity of this company, not the assets... unless, of course, you are the financier(s) behind the latest "conventional" funding. Shareholder's equity is equal to total assets minus total liabilities (E = A - L). Question: So what happens when total liabilities grow larger than total assets (L > A)??? Answer: Equity becomes worthless (E < 0). Razor