Alternative Investment Corp (AIKO)

[Big Brother]

Have you seen this, nothing like a cash strapped shell pissing away $300K dollars, so now that the Basil and Barns deal is dead, wonder what the new plan for this shell is..?? Surely they can find some Asians to sell this too, for an RM, the share structure is still fantastic.

On February 27, 2017, the Company entered into an agreement with B&B Inc, Fess, Basil and Barns LLC and JIF Holdings LLC, wherein the Company has been unable to provide finding as per the original Agreement, having only provided $360,000 to date, the parties agreed to allow the Company to assign its remaining funding obligations and its ownership shares to a new ownership, in consideration of $50,000 to be paid to the Company and forfeiture of the $360,000 acquisition deposit. As of February 27, 2017, the Company is no longer participating in the original Agreement, directly or through related parties. As of December 31, 2016, the Company recorded a forfeiture of the acquisition deposit of $310,000 in the accompanying statement of operations.