<html>

<head>
<title>AMIN</title>
</head>

<body>
<div>

<table border="0" width="100%" cellspacing="0" cellpadding="0" height="1">
  <tr>
    <td width="100%" colspan="2" height="1"><p class="MsoNormal" align="center"
    style="text-align:center"><font size="4"><b>UNITED STATES</b></font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="1"><p class="MsoNormal" align="center"
    style="text-align:center"><font size="4"><b>SECURITIES AND EXCHANGE COMMISSION</b></font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="1"><p class="MsoNormal" align="center"
    style="text-align:center">&nbsp; </td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="1"><p align="center"><font size="4"><b>Washington, DC
    20549</b></font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="25">&nbsp;&nbsp; </td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="1"><p align="center"><font size="3">Registration
    Statement</font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="1"><p align="center"><font size="3">on Form S-8</font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="1"><p align="center"><font size="3">Under the
    Securities Act of 1933</font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="25">&nbsp; </td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="1"><p align="center"><font size="3"><strong><u>American
    International Industries, Inc.</u></strong></font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="1"><p align="center"><font size="2">(Exact name of
    Registrant as specified in its charter)</font></td>
  </tr>
  <tr>
    <td width="50%" height="25">&nbsp; </td>
    <td width="50%" height="25">&nbsp; </td>
  </tr>
  <tr>
    <td width="50%" height="1"><p align="center"><font size="2"><u>Nevada</u></font></td>
    <td width="50%" height="1"><p align="center"><font size="2"><u>88-0326480</u></font></td>
  </tr>
  <tr>
    <td width="50%" height="1"><p align="center"><font size="1">(State of Incorporation)</font></td>
    <td width="50%" height="1"><p align="center"><font size="1">(IRS Employer Identification
    Number)</font></td>
  </tr>
  <tr>
    <td width="50%" height="25">&nbsp;&nbsp; </td>
    <td width="50%" height="25">&nbsp; </td>
  </tr>
  <tr>
    <td width="50%" align="center" height="1"><font size="2"><u>601 Cien Street, Suite 235,
    Kemah TX</u></font></td>
    <td width="50%" height="1"><p align="center"><font size="2"><u>775656</u></font></td>
  </tr>
  <tr>
    <td width="50%" align="center" height="1"><p align="center"><font size="1">(Address of
    Principal Executive Offices)</font></td>
    <td width="50%" height="1"><p align="center"><font size="1">(Zip Code)</font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="25">&nbsp;&nbsp; </td>
  </tr>
  <tr>
    <td width="100%" colspan="2" align="center" height="1"><font size="2"><u>2006 Employee
    Incentive and Stock Option Plans and Agreements</u></font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" align="center" height="1"><font size="1">(Full title of the
    plan)</font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" align="center" height="25"></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" align="center" height="1"><font size="2"><u>Daniel Dror, 601
    Cien Street, Suite 235, Kemah TX 775656 - 281-334-9479</u></font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" align="center" height="1"><font size="1">(Name, address and
    telephone number of agent for service)</font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" align="center" height="25"></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="1"><p align="center"><font size="2"><u>Approximate
    Date of Commencement of Proposed Sales under the Plan:</u></font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="1"><p class="MsoNormal" align="center"
    style="text-align:center"><font size="1">As soon as practicable after this Registration
    Statement becomes effective</font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" height="25">&nbsp;&nbsp; </td>
  </tr>
  <tr>
    <td width="100%" colspan="2" align="center" height="1"><font size="2">Total Number of
    Pages: 5</font></td>
  </tr>
  <tr>
    <td width="100%" colspan="2" align="center" height="1"><font size="1">Exhibit Index begins
    on sequentially numbered page: 3</font></td>
  </tr>
</table>

<p align="center"><font size="2">Calculation of Registration Fee</font></p>

<table border="0" width="100%" cellspacing="0" height="56">
  <tr>
    <td width="26%"
    style="border-left: 1px solid rgb(0,0,0); border-top: 1px solid rgb(0,0,0)" height="2"><font
    size="1">Title of Securities to be Registered</font></td>
    <td width="15%" align="center"
    style="border-left: 1px solid rgb(0,0,0); border-top: 1px solid rgb(0,0,0)" height="2"><font
    size="1">Amount to be Registered</font></td>
    <td width="23%" align="center"
    style="border-left: 1px solid rgb(0,0,0); border-top: 1px solid rgb(0,0,0)" height="2"><font
    size="1">Proposed Maximum Offering Price per Share</font></td>
    <td width="22%" align="center"
    style="border-left: 1px solid rgb(0,0,0); border-top: 1px solid rgb(0,0,0)" height="2"><font
    size="1">Proposed Maximum Aggregate Offering Price</font></td>
    <td width="14%" align="center"
    style="border-left: 1px solid rgb(0,0,0); border-right: 1px solid rgb(0,0,0); border-top: 1px solid rgb(0,0,0)"
    height="20"><font size="1">Amount of Registration Fee</font></td>
  </tr>
  <tr>
    <td width="26%"
    style="border-left: 1px solid rgb(0,0,0); border-top: 1px solid rgb(0,0,0); border-bottom: 1px solid rgb(0,0,0)"
    height="2"><font size="1">Common Stock par value $.001</font></td>
    <td width="15%" align="center"
    style="border-left: 1px solid rgb(0,0,0); border-top: 1px solid rgb(0,0,0); border-bottom: 1px solid rgb(0,0,0)"
    height="2"><font size="1">100,000(1)</font></td>
    <td width="23%" align="center"
    style="border-left: 1px solid rgb(0,0,0); border-top: 1px solid rgb(0,0,0); border-bottom: 1px solid rgb(0,0,0)"
    height="2"><font size="1">$6.10(2)</font></td>
    <td width="22%" align="center"
    style="border-left: 1px solid rgb(0,0,0); border-top: 1px solid rgb(0,0,0); border-bottom: 1px solid rgb(0,0,0)"
    height="2"><font size="1">$610,000</font></td>
    <td width="14%" align="center" style="border: 1px solid rgb(0,0,0)" height="2"><font
    color="#000000" size="1">$65.27</font></td>
  </tr>
  <tr>
    <td width="100%" colspan="5" height="1"><font size="1">(1) Securities being registered
    consist of common stock issuable to employees under the 2006 employee incentive plan,
    common stock issuable under the Registrant's stock option plan and stock option
    agreements. Each plan and the option agreements qualify as an employee benefit plan as
    defined under Rule 405 of Regulation C.<br>
    (2) Pursuant to Rule 457(c), the registration fee is calculated on the basis of the
    average of the high and low price of the Registrant's common stock on OTCBB on February
    15, 2006.</font></td>
  </tr>
</table>
</div>

<p><br clear="all" style="page-break-before:always; mso-break-type:section-break">
</p>
<div>

<p align="center"><strong>PART I</strong></p>

<p align="center"><font size="3">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</font></p>

<p style="text-align: justify"><font size="2">ITEM 1. PLAN INFORMATION</font></p>

<p style="text-align: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font
size="2"> The documents containing the information specified in Part I, Items 1 and 2,
will be delivered to each of the participants in accordance with Form S-8 and Rule 428
promulgated under the Securities Act of 1933. </font></p>

<p style="text-align: justify"><font size="2">ITEM 2. REGISTRANT INFORMATION AND EMPLOYEE
PLAN ANNUAL INFORMATION</font></p>

<p style="text-align: justify"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The employees participating in the 2006 employee incentive and stock option plans and
recipients of the option grants shall be provided a written statement notifying them that
upon written or oral request they will be provided, without charge, (i) the documents
incorporated by reference in Item 3 of Part II of the registration statement, and (ii)
other documents required to be delivered pursuant to Rule 428(b). The statement will
inform the participants that these documents are incorporated by reference in the Section
10(a) prospectus directed in writing or orally to the Registrant's CEO or corporate
secretary at 601 Cien Street, Suite 235, Kemah, TX 775656, telephone number (281)
334-9479.</font></p>

<p align="center"><strong>PART II</strong></p>

<p align="center">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</p>

<p><font size="2">ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE</font></p>

<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By
this reference, the following documents filed by the Registrant with the Securities and
Exchange Commission (the &quot;Commission&quot;) are incorporated into and made a part of
this Registration Statement:</font></p>

<p><font size="3">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font
size="2">- Registrant's Amended Quarterly Reports on Form 10-QSB for the quarters ended
March 31, June 30 and September 30, 2005 as filed with the Commission;<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- Registrant's Annual
Report on Form 10-KSB/A for the fiscal year ended December 31, 2004, as filed with the
Commission; and<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - The description of the
Registrant's Common Stock is set forth in the Registrant's Annual Report for its year
ended December 31, 2004 and its Form 10-SB12g/A dated December 21, 1999, as filed with the
Commission.</font></p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font size="2">All
documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the
Securities Exchange Act of 1934, as amended (the &quot;Exchange Act&quot;), subsequent to
the date of this Registration Statement and prior to the filing of a post-effective
amendment to this Registration Statement which indicates that all securities offered
hereby have been sold or which deregisters all securities remaining unsold, shall be
deemed to be incorporated by reference in this Registration Statement and to be a part
hereof from the date of filing of such documents. Any statement contained in a document
incorporated or deemed to be incorporated by reference herein shall be deemed to be
modified or superseded for purposes of this Registration Statement to the extent that a
statement contained herein or in any other subsequently filed document which also is or is
deemed to be incorporated by reference herein modifies or supersedes such statement. Any
such statement so modified or superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this Registration Statement.</font></p>

<p style="text-align:justify"><font size="2">ITEM 4. DESCRIPTION OF SECURITIES</font></p>

<p style="text-align:justify"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Registrant's Common Stock is registered under Section 12(g) of the Exchange Act.</font></p>

<p style="text-align:justify"><font size="2">ITEM 5. INTERESTS OF NAMED EXPERTS AND
COUNSEL</font></p>

<p style="text-indent: .5in; text-align: justify"><font size="2">None.</font></p>

<p style="text-align:justify"><font size="2">ITEM 6. INDEMNIFICATION OF DIRECTORS AND
OFFICERS</font></p>

<p style="text-align:justify"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Section 78.7502 of the Nevada General Corporation Law allows the Company to indemnify any
person who was or is threatened to be made a party to any threatened, pending, or
completed action, suit, or proceeding by reason of the fact that he or she is or was a
director, officer, employee, or agent of the Company or is or was serving at the request
of the Company as a director, officer, employee, or agent of any corporation, partnership,
joint venture, trust or other enterprise. The Company may advance expenses in connection
with defending any such proceeding, provided the indemnitee undertakes to pay any amounts
if it is later determined that the person was not entitled to be indemnified by the
Company.</font></p>

<p><font size="2">ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED</font></p>

<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not
applicable.</font></p>

<p><font size="2">ITEM 8. EXHIBITS</font></p>

<table border="0" width="100%" cellspacing="0">
  <tr>
    <td width="7%"><font size="1">Exhibit No.</font></td>
    <td width="93%"><font size="1">Description of Exhibits</font></td>
  </tr>
  <tr>
    <td width="7%"><font size="1">5.1</font></td>
    <td width="93%"><font size="1">Opinion of Thomas J. Craft, Jr., P.A., regarding legality
    of the securities,, filed herewith.</font></td>
  </tr>
  <tr>
    <td width="7%"><font size="1">23.1</font></td>
    <td width="93%"><font size="1">Consent of Thomas J. Craft, Jr., P.A., contained in Exhibit
    5.1 filed herewith.</font></td>
  </tr>
  <tr>
    <td width="7%"><font size="1">23.2</font></td>
    <td width="93%"><font size="1">Consent of R. E. Bassie &amp; Co., Certified Public
    Accountant, filed herewith.</font></td>
  </tr>
</table>

<p style="text-align:justify"><font size="2">ITEM 9. UNDERTAKINGS</font></p>

<p style="text-align:justify"><font size="2">(1) To file, during any period in which
offers or sales are being made, a post-effective amendment to this registration statement:<br>
&nbsp;&nbsp;&nbsp; (i) To include any prospectus required by section 10(a)(3) of the
Securities Act of 1933;<br>
&nbsp;&nbsp;&nbsp; (ii) To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective amendment
thereof) which, individually or in the aggregate, represent a fundamental change in the
information set forth in the registration statement; and<br>
&nbsp;&nbsp;&nbsp; (iii) To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any material change
to such information in the registration statement; provided, however, that paragraphs
(1)(i) and (1)(ii) do not apply if the information required to be included in a
post-effective amendment by those paragraphs is contained in periodic reports filed with
or furnished to the Securities and Exchange Commission by the registrant pursuant to
section 13 or section 15(d) of the Exchange Act that are incorporated by reference in the
registration statement.</font></p>

<p style="text-align:justify"><font size="2">(2) That, for the purpose of determining any
liability under the Securities Act, each such post-effective amendment shall be deemed to
be a new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona fide
offering thereof.</font></p>

<p style="text-align:justify"><font size="2">(3) To remove from registration by means of a
post-effective amendment any of the securities being registered which remain unsold at the
termination of the offering:<br>
&nbsp;&nbsp;&nbsp; (i) The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the registrant's annual
report pursuant to section 13(a) or section 15(d) of the Exchange Act that is incorporated
by reference in the registration statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof; and<br>
&nbsp;&nbsp;&nbsp; (ii) Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling persons of
the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been
advised that in the opinion of the Securities and Exchange Commission such indemnification
is against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the registrant of expenses incurred or paid by a director,
officer or controlling person of the registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person against
the registrant in connection with the securities being registered, the registrant will,
unless in the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such indemnification by
it is against public policy as expressed in the Securities Act and will be governed by the
final adjudication of such issue.</font></p>
</div>

<p><br>
</p>
<div>

<p align="center" style="text-align:center"><strong><font size="2">SIGNATURES</font></strong></p>

<p style="text-align:justify;text-indent:.5in"><font size="2">Pursuant to the requirements
of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to
believe that it meets all of the requirements for filing on Form S-8 and has duly caused
this Registration Statement to be signed on its behalf by the undersigned, thereunto duly
authorized on this February 15, 2006</font></p>

<table border="0" width="100%" cellspacing="0" height="1">
  <tr>
    <td width="100%" height="21"><font size="2">American International Industries, Inc.</font></td>
  </tr>
  <tr>
    <td width="100%" height="1"><font size="2">/s/ Daniel Dror</font></td>
  </tr>
  <tr>
    <td width="100%" height="21"><font size="2">CEO, President and Chairman</font></td>
  </tr>
</table>
</div>
</body>
</html>
[{"type": "S-8", "sequence": "1", "filename": "amin.htm", "description": "REGISTRATION STATEMENT ON FORM S-8", "secsgml_size_bytes": 18310}]
{"company-data": {"conformed-name": "AMERICAN INTERNATIONAL INDUSTRIES INC", "cik": "0001073146", "assigned-sic": "6799", "irs-number": "880326480", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-131932", "film-number": "06629632"}, "business-address": {"street1": "601 CIEN ST", "street2": "SUITE 235", "city": "KEMAH", "state": "TX", "zip": "77565-2701", "phone": "2813349479"}, "mail-address": {"street1": "601 HANSON RD", "city": "KEMAH", "state": "TX", "zip": "77565-2701"}}
AMIN
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC
    20549
Registration
    Statement
on Form S-8
Under the
    Securities Act of 1933
American
    International Industries, Inc.
(Exact name of
    Registrant as specified in its charter)
Nevada
88-0326480
(State of Incorporation)
(IRS Employer Identification
    Number)
601 Cien Street, Suite 235,
    Kemah TX
775656
(Address of
    Principal Executive Offices)
(Zip Code)
2006 Employee
    Incentive and Stock Option Plans and Agreements
(Full title of the
    plan)
Daniel Dror, 601
    Cien Street, Suite 235, Kemah TX 775656 - 281-334-9479
(Name, address and
    telephone number of agent for service)
Approximate
    Date of Commencement of Proposed Sales under the Plan:
As soon as practicable after this Registration
    Statement becomes effective
Total Number of
    Pages: 5
Exhibit Index begins
    on sequentially numbered page: 3
Calculation of Registration Fee
Title of Securities to be Registered
Amount to be Registered
Proposed Maximum Offering Price per Share
Proposed Maximum Aggregate Offering Price
Amount of Registration Fee
Common Stock par value $.001
100,000(1)
$6.10(2)
$610,000
$65.27
(1) Securities being registered
    consist of common stock issuable to employees under the 2006 employee incentive plan,
    common stock issuable under the Registrant's stock option plan and stock option
    agreements. Each plan and the option agreements qualify as an employee benefit plan as
    defined under Rule 405 of Regulation C.
(2) Pursuant to Rule 457(c), the registration fee is calculated on the basis of the
    average of the high and low price of the Registrant's common stock on OTCBB on February
    15, 2006.
PART I
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 1. PLAN INFORMATION
The documents containing the information specified in Part I, Items 1 and 2,
will be delivered to each of the participants in accordance with Form S-8 and Rule 428
promulgated under the Securities Act of 1933.
ITEM 2. REGISTRANT INFORMATION AND EMPLOYEE
PLAN ANNUAL INFORMATION
The employees participating in the 2006 employee incentive and stock option plans and
recipients of the option grants shall be provided a written statement notifying them that
upon written or oral request they will be provided, without charge, (i) the documents
incorporated by reference in Item 3 of Part II of the registration statement, and (ii)
other documents required to be delivered pursuant to Rule 428(b). The statement will
inform the participants that these documents are incorporated by reference in the Section
10(a) prospectus directed in writing or orally to the Registrant's CEO or corporate
secretary at 601 Cien Street, Suite 235, Kemah, TX 775656, telephone number (281)
334-9479.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE
By
this reference, the following documents filed by the Registrant with the Securities and
Exchange Commission (the "Commission") are incorporated into and made a part of
this Registration Statement:
- Registrant's Amended Quarterly Reports on Form 10-QSB for the quarters ended
March 31, June 30 and September 30, 2005 as filed with the Commission;
- Registrant's Annual
Report on Form 10-KSB/A for the fiscal year ended December 31, 2004, as filed with the
Commission; and
- The description of the
Registrant's Common Stock is set forth in the Registrant's Annual Report for its year
ended December 31, 2004 and its Form 10-SB12g/A dated December 21, 1999, as filed with the
Commission.
All
documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), subsequent to
the date of this Registration Statement and prior to the filing of a post-effective
amendment to this Registration Statement which indicates that all securities offered
hereby have been sold or which deregisters all securities remaining unsold, shall be
deemed to be incorporated by reference in this Registration Statement and to be a part
hereof from the date of filing of such documents. Any statement contained in a document
incorporated or deemed to be incorporated by reference herein shall be deemed to be
modified or superseded for purposes of this Registration Statement to the extent that a
statement contained herein or in any other subsequently filed document which also is or is
deemed to be incorporated by reference herein modifies or supersedes such statement. Any
such statement so modified or superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this Registration Statement.
ITEM 4. DESCRIPTION OF SECURITIES
The Registrant's Common Stock is registered under Section 12(g) of the Exchange Act.
ITEM 5. INTERESTS OF NAMED EXPERTS AND
COUNSEL
None.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND
OFFICERS
Section 78.7502 of the Nevada General Corporation Law allows the Company to indemnify any
person who was or is threatened to be made a party to any threatened, pending, or
completed action, suit, or proceeding by reason of the fact that he or she is or was a
director, officer, employee, or agent of the Company or is or was serving at the request
of the Company as a director, officer, employee, or agent of any corporation, partnership,
joint venture, trust or other enterprise. The Company may advance expenses in connection
with defending any such proceeding, provided the indemnitee undertakes to pay any amounts
if it is later determined that the person was not entitled to be indemnified by the
Company.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED
Not
applicable.
ITEM 8. EXHIBITS
Exhibit No.
Description of Exhibits
5.1
Opinion of Thomas J. Craft, Jr., P.A., regarding legality
    of the securities,, filed herewith.
23.1
Consent of Thomas J. Craft, Jr., P.A., contained in Exhibit
    5.1 filed herewith.
23.2
Consent of R. E. Bassie & Co., Certified Public
    Accountant, filed herewith.
ITEM 9. UNDERTAKINGS
(1) To file, during any period in which
offers or sales are being made, a post-effective amendment to this registration statement:
(i) To include any prospectus required by section 10(a)(3) of the
Securities Act of 1933;
(ii) To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective amendment
thereof) which, individually or in the aggregate, represent a fundamental change in the
information set forth in the registration statement; and
(iii) To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any material change
to such information in the registration statement; provided, however, that paragraphs
(1)(i) and (1)(ii) do not apply if the information required to be included in a
post-effective amendment by those paragraphs is contained in periodic reports filed with
or furnished to the Securities and Exchange Commission by the registrant pursuant to
section 13 or section 15(d) of the Exchange Act that are incorporated by reference in the
registration statement.
(2) That, for the purpose of determining any
liability under the Securities Act, each such post-effective amendment shall be deemed to
be a new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona fide
offering thereof.
(3) To remove from registration by means of a
post-effective amendment any of the securities being registered which remain unsold at the
termination of the offering:
(i) The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the registrant's annual
report pursuant to section 13(a) or section 15(d) of the Exchange Act that is incorporated
by reference in the registration statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof; and
(ii) Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling persons of
the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been
advised that in the opinion of the Securities and Exchange Commission such indemnification
is against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the registrant of expenses incurred or paid by a director,
officer or controlling person of the registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person against
the registrant in connection with the securities being registered, the registrant will,
unless in the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such indemnification by
it is against public policy as expressed in the Securities Act and will be governed by the
final adjudication of such issue.
SIGNATURES
Pursuant to the requirements
of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to
believe that it meets all of the requirements for filing on Form S-8 and has duly caused
this Registration Statement to be signed on its behalf by the undersigned, thereunto duly
authorized on this February 15, 2006
American International Industries, Inc.
/s/ Daniel Dror
CEO, President and Chairman