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AgEagle Aerial Systems Inc. Director's Dealing 2007

Aug 1, 2007

34467_dirs_2007-08-01_4c18200b-acea-478d-9819-ed4a1b06e2e2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EnerJex Resources, Inc. (EJXR)
CIK: 0000008504
Period of Report: 2007-06-21

Reporting Person: WEST COAST ASSET MANAGEMENT INC (10% Owner)
Reporting Person: WEST COAST OPPORTUNITY FUND LLC (10% Owner)
Reporting Person: Helfert Lance W (10% Owner)
Reporting Person: Lowe R Atticus (10% Owner)
Reporting Person: Orfalea Paul J (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-06-21 Common Stock P 1500000 Acquired 5000000 Indirect

Footnotes

F1: These securities are owned directly by West Coast Opportunity Fund, LLC and indirectly by West Coast Asset Management, Inc. (the managing member of West Coast Opportunity Fund, LLC), Paul J. Orfalea, Lance W. Helfert and R. Atticus Lowe (the members of the Investment Committee of West Coast Asset Management, Inc. who exercise shared voting and investment power over the shares). Each of the filing persons disclaims beneficial ownership of the shares except to the extent of his or its pecuniary interest therein.

F2: The securities were acquired in connection with a secured note financing. The price of the common stock on the date of the transaction was $1.25.