AEMETIS, INC — Director's Dealing 2007

Dec 12, 2007

SEC Form 3/A — Form 3/A

Issuer: AE Biofuels, Inc. (AEBF)
CIK: 0000738214
Period of Report: 2007-12-12

Reporting Person: CAGAN LAIRD Q (Director, 10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	12000000	Indirect
Common	7200000	Indirect
Common	400000	Indirect
Common	400000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Warrant	$1.5	2013-04-25	Common Stock (701666)		Direct
Series B Warrant	$3.00		Common Stock (275055)		Direct

Footnotes

F1: Mr. Cagan disclaims beneficial ownership over 50% of the shares held by Cagan McAfee Capital Partners, LLC

F2: Owned 100% by Mr. Cagan

F3: Trusts for Mr. Cagan's daughters for which Mr. Cagan is trustee

F4: Fully exercisable upon date of grant

F5: All warrants expire 5 years after date of grant