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Alternative Energy (fka AENS) RSS Feed

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-----------------> Stock Symbol: OTCBB (AENS.OB) <----------------- Mark Beemer, - CEO and Chairman of the Board {Former Management Executive with the Nations #1 Ethanol Producer division of (NYSE:ADM)} Lee Blank, – President and COO {Former Management Executive with the Nations #1 Ethanol Producer division of (NYSE:ADM)} -Website: http://www.aensi.com/index.cfm -Corporate Profile: Alternative Energy Sources Inc. (AENS.OB) is led by a seasoned management team with extensive Archer Daniels Midland (NYSE:ADM) experience. Mark Beemer (CEO and Chairman of the Board), Lee Blank (President and COO), John Holland (CFO) and John Ward (EVP) bring a critical assortment of varied, yet complementary, competencies to AENS. ...Dedicated to maintaining low overhead and minimizing cost structures, Alternative Energy Sources will facilitate direct negotiations with large petroleum companies and feedlots, thereby eliminating exorbitant brokerage and consulting fees. Further, Alternative Energy Sources Inc. will call upon its vast experience in grain trading, railroad negotiations, logistical economics and acquisitions to ensure the success and growth of this venture. -Contact Information- Alternative Energy Sources Inc. 1911 Central St. Kansas City, MO 64108 Mailing Address: P.O. Box 410251 Kansas City, MO 64141-0251 Toll Free: 866-496-3835 (FUEL) Local: 816-842-3835 (FUEL) Fax: 816-842-3836 -------------------------------------------------------------- >EMAIL: Mark Beemer, CEO and Chairman of the Board beemer@AENSI.com >EMAIL: Lee Blank, President and COO blank@AENSI.com >EMAIL: John Holland, Executive Vice President and CFO holland@AENSI.com --------------------------------------------------------------- -LINK: Investor Overview -&- SEC Filings: http://www.aensi.com/overview.cfm -LINK: Press Releases - Current NEWS http://www.aensi.com/press_releases.cfm -LINK: BLOOMBERG T.V. Interview with Mark Beemer, CEO http://www.alternativeenergysourcesinc.com/images/BWH002-004.wmv -LINK: Insider Trading and Stock Options http://www.secform4.com/insider-trading/1175867.htm -Research: How Ethanol is Made, Today and Tomorrow http://desmoinesregister.com/apps/pbcs.dll/article?AID=/20060827/OPINION03/60826002/1110 **NEWS!! AENS Ex Archer-Daniels-Midland (ADM) Executives to Build Ethanol Leader** ---> In The Beginning: --Alternative Energy Sources, Inc. Completes Initial $12 Million Financing and Merger-- KANSAS CITY, Mo., June 20, 2006 /PRNewswire-FirstCall/ -- Alternative Energy Sources, Inc. (OTC Bulletin Board: AENS) today announced the completion of a stock-to-stock merger with Beemer Energy, a privately held Delaware corporation engaged in the development of "green-field" ethanol sites, the conversion of existing industrial facilities to ethanol production and the management of ethanol businesses. Alternative Energy Sources will retain Beemer Energy's senior management team led by CEO Mark A. Beemer and Chief Operating Officer Lee Blank. The merger resulted in Beemer Energy becoming a publicly traded company, and Beemer's management and board of directors have assumed operational control of Alternative Energy. Concurrent with the closing of the merger, Alternative Energy Sources completed a $12 million private placement financing of common stock and warrants to a group of institutional and accredited investors. Initially targeting a $5 million financing, the private placement was significantly oversubscribed. The net proceeds from the financing will be used for general working capital purposes. Mark Beemer, the Company's CEO, stated, "This transaction represents the accomplishment of a major objective for the Company, and I am very excited about our growth potential in the ethanol space. We see an exciting and long term future in the production of renewable fuels and Alternative Energy Sources will be helping to meet the significant ethanol demand caused by the shift away from oil energy dependence to a renewable carbohydrate based fuel source. It is our immediate objective to construct several 110 million gallon ethanol plants in the Midwest intending to be a major player in forward consolidation of the industry focusing on 'lowest cost producer status' and major transportation infrastructures to provide a seamless pipeline of ethanol to the end user on any coast." Beemer and Blank bring extensive management and leadership abilities to Alternative Energy Sources. Both served in executive management positions with agri-processing giant Archer Daniels Midland Company, the largest producer of ethanol. Through their cumulative thirty-seven year roles they have navigated businesses through three droughts, used extensive hedging and risk management strategies, focused businesses on efficient rail and barge transportation modes, and managed a host of grain elevators and agricultural processing facilities throughout the Midwest. Blank commented, "It is our intent to develop the most comprehensive ethanol manufacturing leadership team including all areas of ethanol sales, Dried Distillers Grains Merchandising (DDG's), coal merchandising, plant operations, and transportation/logistical consolidation." -About Alternative Energy Sources: Alternative Energy Sources, Inc. is engaged in the business of constructing, owning and operating fuel grade ethanol plants which are expected to be in commercial production in 2008. Each plant is expected to produce nearly 100 cars of ethanol per week. Intending to be the "lowest cost producer" of ethanol by means of numerous cost-effective strategies to differentiate itself from other ethanol companies. Alternative Energy Sources Inc. will be led by a seasoned management team who will call on their vast experience in grain trading, railroad negotiations, logistical economics and acquisitions to ensure success and growth. -SOURCE: Alternative Energy Sources, Inc.
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