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AgEagle Aerial Systems Inc. Director's Dealing 2011

Apr 4, 2011

34467_dirs_2011-04-04_34fa5e3e-58f6-4a54-8997-cf92b05fe1aa.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EnerJex Resources, Inc. (ENRJ)
CIK: 0000008504
Period of Report: 2011-03-31

Reporting Person: Loeffelbein John A (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-31 Common Stock J 3750000 $.40 Disposed 15000000 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 178756 Direct

Footnotes

F1: Working Interest Holdings, LLC and the Issuer entered into a Stock Redemption Agreement effective March 31, 2011 pursuant to which Issuer redeemed the shares.

F2: Working Interest Holdings, LLC owns 15,000,000 shares of common stock. Mr. Loeffelbein disclaims any beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Loeffelbein is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or any other purposes.