Alternative Energy Partners Inc (AEGY)

[TenKay]

The entity that has incorporated in Canada is not actually AEGY. It is the wholly owned entity "707" that Haltain has set up to spin off. "707" will receive the rights to the LOI that Haltain has with AEGY and then register as a BC filer with that "LOI" asset.

It is then up to 707 to negotiate a DA with AEGY. There is nothing to indicate what the consideration will be. But at this point the only individuals that will have "ownership" of that "LOI" asset are current Haltain shareholders.

So at the moment, nothing changes in AEGY, and they are still a long way away from any sort of acquisition...if it ever even gets there.