Alternative Energy Partners Inc (AEGY)

[Budd Kind]

Letter to Frank Gomez, CTO

Dear Frank,

On July 30, 2013 you posted this letter to shareholders on PharmaJanes.com

Dear Shareholders:

We are pleased to announce that we have assembled a team of experts to ensure that the launch of the PharmaJanes/Simple Prepay model is fast paced , will give the company a competitive advantage, and makes us the go to authority in the medical marijuana online ordering space. Our technology will match customers with cooperatives and provide order, payment, and tracking functionality in a manner heretofore unmatched.

Along with a streamlined and simplified ordering process, PharmaJanes will be built on a platform that fosters a community of loyal engaged customers. Various interactive experiences and capabilities will be integrated into the platform so that customers can obtain the most satisfying user experience from being a member, with forums, instant messaging support, social networking, daily informative posts from authoritative sources, reviews, education, mapping, and much more. Members will be able to share with others their experiences with products, delivery companies, and other aspects of their user experience. Additionally members will be setup on our SMS text system so that they receive alerts, can respond to and change orders on the fly via text, and be able to track the delivery of their order from the moment it is placed until it arrives. The system will be mobile accessible in addition to being online with equal functionality on most mobile platforms.

Our social media, SEO/SEM, traditional marketing, affiliate programs, and our application of cutting edge technologies will ensure that the PharmaJanes community will be a thriving platform evolving to respond to customer needs and committed to providing the best medical marijuana ordering system and user/vendor experience in the world for years to come. Thank you for joining us for this exciting ride that we think will revolutionize this area of the business.

Sincerely,

Frank Gomez
CTO
PharmaJanes
www.pharmajanes.com

Since this letter many months have passed and shareholders who have invested based on these statements have seen their investments decrease significantly. I believe your intentions in this letter were honest. The inaccurate expectations in this letter followed by your silence and SIGNIFICANT SHARE DILUTION, thus-far have compromised your professional reputation.

Previously, on March 21, 2013, this press release was issued:

LOS ANGELES, May 21, 2013 /PRNewswire/ -- Alternative Energy Partners, Inc. (OTCBB: AEGY) announces that it has signed an agreement with SK3 Group, Inc. to become the exclusive on-line and smart phone ordering platform for Collectives managed through the SK3 Group system. Members of the Collectives managed by SK3 Group will soon be able to order their medical cannabis needs through PharmaJanes™.

In response to numerous requests regarding the increase in share volume in the trading market recently, AEGY's President,Mario Barrera, stated: "After reviewing recent large volume stock sales of AEGY common stock, and information provided by our transfer agent, it appears that 120,942,945 common shares have been issued as the result of conversions of convertible promissory notes held by Asher Enterprises, Inc. in just the past 10 days. The promissory notes being converted, which were issued by AEGY's prior management, allow the principal and accrued interest to be converted into common stock at a conversion price equal to about 50% of the average of the three lowest bid prices for the common stock during the prior 10 trading days.

Due to the low bid price prior to the recent increase in both price and trading activity, these conversions by Asher Enterprises have resulted in very large issues of common stock to it, which are then being sold immediately into the market. It does not appear there are, and management is not aware of, any sales by management, any other affiliates or other large shareholders affiliated with the company. Hopefully, this activity will gradual reduce itself as the Asher notes are converted, at higher conversion prices."

Your President Mario Barrera said, "Hopefully, this activity will gradually reduce itself as the Asher notes are converted, at higher conversion prices." That seems like an irresponsible prediction of future share price. The president of a public company says "hopefully"? Fortunately I didn't invest based on any of Mr. Barrera's statements.

That 120 million shares issued in March has turned into over a BILLION additional shares since March. Again, no communication as to the extent of the beating your shareholders should hopefully not expect to take.

If HE can issue statements saying "hopefully" they will decrease at higher prices, followed by YOUR letter saying you've "assembled a team of experts to ensure that the launch of the PharmaJanes/Simple Prepay model is fast paced," the expectation has been set that the business is moving forward in a fast-paced manner and that shareholder should expect a rise in share price.

Your "team of experts" have failed at being "fast-paced" and your stock is so diluted it barely resembles it's recent self.

Hopefully, Mr. Barrera will resign. He is a joke of president and his career outside of Robert Hipple's companies is clearly over.

Hopefully, the iEquity family of delays is a result of not enough staff to run all of the companies that they are starting-up, and not anything dishonest.

Hopefully, PharmaJanes launches in January 2014 to capitalize on the abundance of media that will invade the sector. Shareholders will need this viral new investor interest to overcome the dilution.

Hopefully, we find out why you removed the AEGY stock quote from the from page of PharmaJanes.com

My research which hopefully is correct, leads me to believe that the delays are a result of Henry Jan, Kevin Allyn, and Jeffrey Benz not wanting to further dilute the shells you are merging into by issuing shares to pay for new hires. A lean staff would likely cause some delays. This would be an honorable strategy but without transparency, the hard facts say you're inadvertently involved in a share selling collusion between Robert Hipple, Michael Gelmon, and Asher Enterprises.

Also, in the press release from last March he said, "Members of the Collectives managed by SK3 Group will soon be able to order their medical cannabis needs through PharmaJanes™."

How exactly do you define soon?

The world is watching, timing is everything. Launch it Frank.

Best wishes,
BK