Interestingly, this research report by HEFFX Equities Research re AEGY/SKTO was published on the same day said tickers were temporarily suspended by SEC (June 6, 2014). Not a very glowing report.
Their typo, "Boca Rathon" for Boca Raton, is forgivable. Even John F. Burke (consultant for SKTO and a principal officer of AEGY) wrote it as Nova Raton in an official state government document. See image.
Note research report finding re AEGY address.
http://www.livetradingnews.com/some-brewing-f...-53566.htm
Some Brewing Facts About Alternative Energy Partners Inc (OTCBB:AEGY
by HEFFX Equities Research
June 6, 2014
Alternative Energy Partners Inc (OTCBB:AEGY) has some lesser known eye raising facts that investors either do not know or consider insignificant in relation to the company. One of those facts is that the company boasts to have its principal offices located in posh area of Boca Rothan (sic), Florida. While the same address is also a virtual office location for two other penny stocks, namely, Medefile International Inc. and True 2 Beauty Inc. The information is quite questionable, but has so far succeeded to be overlooked by the investor fraternity.
Lack Of Press Release
In the last few months, Alternative Energy Partners Inc (OTCBB:AEGY) had little to be told as it seldom publishes any press release or information. The company had last released its PR on April 4, wherein it had released some insignificant YouTube videos showing celebrities smoking pot and nothing much.
In March, the company had filed 10-Q containing its financial performance for the period ended January 31, which depicted nothing but a picture of financial clumsiness. The cash reserve stood at just $89, and total assets and liabilities accounted at $6,000 and $1.8 million respectively. There were no revenues reported by the company since its inception while the net loss came in at $10.2 million.
Not Enough Information
Moreover, the only hype surrounding the company is its potential merger with SK3 Group Inc. (OTCMKTS:SKTO), the progress of which is negligible. While some people might believe that the merger will happen soon, but the lack of new information or even any detail in this regard from either of the companies is only leading to doubts.
All those factors are considerable enough to send signals of caution to investors while the stock remains highly volatile in its trade. Alternative Energy Partners Inc (OTCBB:AEGY) closed 7% below on Thursday at $0.0027.
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Their typo, "Boca Rathon" for Boca Raton, is forgivable. Even John F. Burke (consultant for SKTO and a principal officer of AEGY) wrote it as Nova Raton in an official state government document. See image.
Note research report finding re AEGY address.
http://www.livetradingnews.com/some-brewing-f...-53566.htm
Some Brewing Facts About Alternative Energy Partners Inc (OTCBB:AEGY
by HEFFX Equities Research
June 6, 2014
Alternative Energy Partners Inc (OTCBB:AEGY) has some lesser known eye raising facts that investors either do not know or consider insignificant in relation to the company. One of those facts is that the company boasts to have its principal offices located in posh area of Boca Rothan (sic), Florida. While the same address is also a virtual office location for two other penny stocks, namely, Medefile International Inc. and True 2 Beauty Inc. The information is quite questionable, but has so far succeeded to be overlooked by the investor fraternity.
Lack Of Press Release
In the last few months, Alternative Energy Partners Inc (OTCBB:AEGY) had little to be told as it seldom publishes any press release or information. The company had last released its PR on April 4, wherein it had released some insignificant YouTube videos showing celebrities smoking pot and nothing much.
In March, the company had filed 10-Q containing its financial performance for the period ended January 31, which depicted nothing but a picture of financial clumsiness. The cash reserve stood at just $89, and total assets and liabilities accounted at $6,000 and $1.8 million respectively. There were no revenues reported by the company since its inception while the net loss came in at $10.2 million.
Not Enough Information
Moreover, the only hype surrounding the company is its potential merger with SK3 Group Inc. (OTCMKTS:SKTO), the progress of which is negligible. While some people might believe that the merger will happen soon, but the lack of new information or even any detail in this regard from either of the companies is only leading to doubts.
All those factors are considerable enough to send signals of caution to investors while the stock remains highly volatile in its trade. Alternative Energy Partners Inc (OTCBB:AEGY) closed 7% below on Thursday at $0.0027.
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