CARSON CITY, Nev., Aug. 17 /PRNewswire-FirstCall/ -- America Asia Petroleum (OTC Pink Sheet: AAPM) announced that its Board of Directors have approved a 10 for 1 forward stock spilt of the Company's common stock. Each shareholder of record at the close of business on August 25, 2006, will receive 9 additional shares for every outstanding share held on the record date. The shares will be executed on August 28, 2006.
The forward stock split will be issued as free trading shares for stockholders who hold free trading shares, and restricted for those stockholders who hold restricted shares, as of the record date of August 25, 2006. All shareholders that have free trading shares in their brokerage accounts will be credited automatically by the transfer agent and those shareholders of restricted shares will have their stock sent to them directly from the transfer agent.
America Asia Petroleum is an energy company that specializes in extracting crude oil from shale rock using its proprietary patented technology and has offices in USA and China. The company presently operates through joint ventures in China that produces various products and services.
This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward looking-statements.' Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as 'expects,' 'will,' 'anticipates,' 'estimates,' 'believes' or statements indicating certain actions 'may,' 'could' or 'might' occur.
SOURCE America Asia Petroleum Corp
Contact Information: America Asia Petroleum Corp Investor Relations, +1-775-831-8887
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CARSON CITY, Nev., Aug. 22 /PRNewswire-FirstCall/ -- America Asia Petroleum (OTC Pink Sheet: AAPM). The company is proud to announce its successful negotiations and signing of a technology agreement to extract crude oil from shale rock.
"The China government estimates by 2025 that they will need to import 75% of their oil and they want to be sure they are not dependant on foreign oil. By signing this agreement we have been given an open door to extracting oil in China," says John Bows, president.
America Asia Petroleum, with offices in China and USA, is an energy company that presently operates through joint ventures in China.
This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward looking-statements.' Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as 'expects,' 'will,' 'anticipates,' 'estimates,' 'believes' or statements indicating certain actions 'may,' 'could' or 'might' occur.
SOURCE America Asia Petroleum Corp
Contact Information: America Asia Petroleum Corp Investor Relations, +1-775-831-8887