America Asia Petroleum Announces Ticker Change to AAPU
May 09 2007 - 11:00AM
PR Newswire (US)
CARSON CITY, Nev., May 9 /PRNewswire-FirstCall/ -- America Asia
Petroleum (OTC Pink Sheet: AAPU) announced the change of its ticker
symbol from AAPM to AAPU due to the recent reverse stock split from
1:40. The decision to affect a reverse stock split was made in an
effort to generate renewed interest in the company after the
suspension of trading and to remove any control from those who
could be possibly shorting the stock. The management wants to make
clear to all stockholders that any changes are to the benefit and
protection of the company and its stockholders. America Asia
Petroleum represents joint venture energy companies that operate in
China for the North American markets. In addition management is
discussing changes and options for America Asia's business future.
While the suspension has been lifted, the company being a gray non
reporting pink sheet has negatively impacted the public market.
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. Investors are cautioned to rely
only on statements made by the company and not to rely on
statements made by third parties that are not paid for by the
company. DATASOURCE: America Asia Petroleum Corp CONTACT: Investor
Relations of America Asia Petroleum Corp, +1-775-831-8887 Web site:
http://www.chiricogroup.com/
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