Alternative Energy Partners Inc (AEGY)

[I-Glow]

Look what Daddy I-Glow found!

On June 4, 2014 and amended on September 11, 2014, the Company entered into a Letter of
Intent with Alternative Energy Partners Inc. and SK3 Group Inc.
(collectively “TargetCo”) with respect to a proposed transaction in which the Company, newly formed wholly - owned subsidiary 1011707 B.C. Ltd, incorporated on August 24, 2014, will acquire all of the assets of TargetCo subject to certain defined liabilities by way of
an asset exchange agreement. Upon completion of the proposed transaction, an application will be made to list on the Canadian Securities Exchange. As at July 31, 2014, the Company has received a deposit of $50,000 on execution of the agreement

So AEGY is paying Haltain to acquire them - the next question is where did they get $50,000 - as it wasn't in the financials. Total revenue for 2013 and 2014 = ZERO!

Then they state this about their Liquidity:

The Company
will become a start-up methane gas extraction technology company and
therefore has no regular source of income, other than interest income it may earn on funds invested in short - term deposits.

let's see methane extraction - that fits in nicely with medical marijuana.

So they state they are making many acquisitions but oddly there is never any revenue generated - sounds like AEGY.

And on the MD&A we find that Haltain enters into many acquisition agreements and most end up as nothing - as the company is always losing money.

Looks like we more information to put together to send to the SEC and the CSA.

Seems like I have busted this mess open like a ripe watermelon.

Just say thanks I-Glow you have done it once again - blowing open another scam.

IG