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Independent Oil Gas

American Energy Development Corporation (AEDC) is a publicly traded company based in the United States. The company is focused on the exploration, development, and production of oil and natural gas properties, primarily in the Rocky Mountain region of the United States.

In terms of financials, the company's most recent financial statements show that for the quarter ending September 30, 2021, American Energy Development reported revenue of $1.26 million and a net loss of $1.14 million. This is compared to revenue of $1.22 million and a net loss of $1.18 million for the same quarter in the previous year.

When looking at growth, it is important to consider the company's revenue and net income trends over time. For the past few years, American Energy Development has reported an increase in revenue, however, it has not been a consistently profitable company. It is also worth noting that, as a small and relatively new company, it may take time for American Energy Development to achieve consistent profitability.

In terms of historical performance, the company's stock has been highly volatile and has not performed well compared to the broader market. The stock is currently traded on the OTC Markets, which is a decentralized marketplace for over-the-counter securities. This means that it may be less liquid and less transparent than stocks listed on major exchanges like the New York Stock Exchange or Nasdaq.

It's important to note that investing in stocks, especially in small and relatively new companies, carry significant risk and returns are never guaranteed. It's recommended to do your own research, seek advice from financial advisors and consider your own risk tolerance before making investment decisions.