Editing with Action screen recorder.Action is a tool that was developed for recording games and for live streaming. Even if it has the ability to export the recorded videos to other file formats, Action can't be used to edit these recordings. The developer didn't implemented this function and you can't use the program in this way.
Action! is a program that allows streaming and real-time recording of Windows Aero desktop in a HD video quality. With Action! you can record and stream your gameplay, web player videos, display game framerates, add live audio commentary to create high quality tutorials, record music and capture screenshots.