AER Energy Resources, Inc. (AERN) has been promoted by multiple penny stock newsletters. Mailer smacked investors’ mailboxes today before market open with a ridiculous share price target on AERN. Promotion budget is rumored to be over $1,000,000.
AERN stock traded over 47M shares as of 11 a.m. EST versus 317K 10day average volume. AERN is still a dummy shell – nothing more, nothing less.
We traded this stock from $.02 to $.04 for a quick 100% gain. Trade smart – Trade with us!
“As of our most recent fiscal quarter ended June 30, 2011 we had 500,000,000 Common Shares authorized, 261,255,451 Common Shares issued and outstanding and 20,000,000 Preferred Shares authorized, with none outstanding”
AER Energy Resources, Inc.
7135 East Camelback Road Suite 230
Scottsdale, Arizona 85251
AER Energy Resources, Inc., a Nevada corporation (hereinafter “AER” or the “Company”) is in the business of acquiring, managing and operating cash-flow producing oil and gas properties as well as operating a petroleum marketing subsidiary, FTPM Resources, Inc., which is primarily focused on the purchase and sale of fuel and petroleum products with a special emphasis on the recycling of used motor oil.