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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1432001	American Sands Energy Corp.	AMSE	Crude Petroleum & Natural Gas (1311)	870405708

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1522964	Bleeding Rock Llc	4760 S. Highland Drive Suite 341 Salt Lake City UT 84117		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2013-08-20	464,300	$0.25	9,835,700	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Convertible Note	Disposition	2013-08-20	0	$0.50	535,704	$0.50
Common Stock, Preferred Stock Or Debt Instrument	Convertible Note	Acquisiton	2013-08-20	0	$0.00	0	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2011-06-30	2014-06-30	No	4	J	Direct
0	2013-08-20	2014-06-30	No	4	P	Direct

Footnotes

The convertible promissory note provides that the holder will convert the Note in connection with an equity or debt financing of $2 million or more by the issuer (the "Bridge Financing") and that the note holder will convert all but not less than all,of the principal amount of the note and accrued interest thereon (the "Note Value") into (a) the number of shares of common or preferred stock or (b) the debt instruments (collectively referred to as the "Conversion Securities") of the issuer equal to (a) in the case of common or preferred shares, the Note Value divided by the price of common or preferred shares in the Bridge Financing (subject to adjustment as provided in the note) or (b) in the case of a debt offering, an amount equal to theoutstanding balance of the note. In either case, the Conversion Securities will be of the same class and/or series, and will entitle the note holder to the same rights and privileges, as the equity or debt issued in the Bridge Financing.