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Excellent comeonnow! Smart move to get out today! Ahead of the eventual dump! Market cap on this pig is unbelievable! They are now going to advertise on Oprah! They have NO money. They have NO assets to speak of.
Dilution coming imo.
anyway, congrats on a great trade!
Bennett Wholesale? Jameel Bennett? Why is it that NO info can be found on this guy other than what was written in the PR? But he's gonna spend probably anywhere from 250K-1 mill on 5000 units?
Whaaaaat? C'mon!
Newbies I wiash nothing but success for you here and I hope I'm wrong.
Yes. These snake oil products have been around forever. IMO? This is a scam. Just like this one: http://investorshub.advfn.com/boards/board.aspx?board_id=11016
No verifiable market tests, no verifiable proof of their claims, no testimonial people to follow up with, no nothing.
Just like the company listed above.
Those that got in today around high 90's are in for a very rude awakening tomorrow or by at least end of week. imo. Dilution scenario very high imo.
Seen this SAME scenario with HYDB.
Google this product and there are many reputable sources who say it doesn't work at all.
My goodness, they are even advertising for installers! Now, if I had a product that I could provingly demonstrate what they claim to ANY dealer, body shop, gas station, insurance company, etc, it would be like shooting fish in a barrel. I could just get in my car and sell to everyone I can see in a day.
Who WOULDN'T want to install this!
There is no product on the market that could save 30-50% on fuel costs. Period. Might as well start a company and sell a baldness cure!
But, that isn't happening here. Why? Because it's SNAKE OIL imo.
They are wrong i was able to purchase and sell this on Scottrade no problem!! Great week here!! I got out today @ 1.01!! gl to all that are still in!!
tried to call everyone @ 3 different numbers left messages no return call.
It's an automated phone service.
Who did you try to speak to?
Spend 200k to advertise on oprah then dont answer phone? makes no sense to me? anyone know whats up?
SCAM? They dont answer the phone 888 598 2332 or 623 776 3200 somebody tell me if you get thru to them
Deal to Advertise with Oprah
This is pretty decent news I think. Should generate a ton of exposure.
http://biz.yahoo.com/e/091013/adec.ob8-k.html
Form 8-K for ALTERNATIVE ENERGY DEVELOPMENT CORP
--------------------------------------------------------------------------------
13-Oct-2009
Entry into a Material Definitive Agreement
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
We entered into $200,000.00 contract to buy advertising space and a "micro-site" on Oprah.com. The campaign is a three month ad campaign beginning on 10-1-09 through 2-28-10 that required a $50,000.00 nonrefundable down payment which has been paid. The campaign is for the purchase of a minimum of 18,641,750 "impressions" and a co-branded "micro-site" featuring AEDC's core product, the e3 Fuel Saver. Various banner adds featuring the company and its product(s) as well as the microsite are scheduled to run through out the duration of the campaign.
Ameritrade is not accepting opening transactions in this security.ADEC has made the the decision to only allow purchases of their stock in cert.form according to TDA.
i wouldn't worry about that pump machine. they work very well and draw a lot of interest.
but haven't these after market gizmos been around for decades?
this thing is being pumped on bestdamnpennystocks!! buyer beware!
http://bestdamnpennystocks.com/
Alternative Energy Development Corporation Inks Deal With Bennett Wholesale for 5,000 Unit Purchase Commitment of e3 Fuel Savers
Oct 13, 2009 5:02:00 PM
GLENDALE, AZ -- (MARKET WIRE) -- 10/13/09 -- Alternative Energy Development Corporation (OTCBB: ADEC), an emerging provider of after-market fuel conservation technologies, announced today that Bennett Wholesale has agreed to a 5,000 unit purchase commitment for the company's patented, e3 Fuel Saver -- a cost-effective automotive fuel saving device designed to help consumers save serious money at the pump.
"I am really excited about this product!" said Jameel Bennett, Owner of Bennett Wholesale Distributors, LLC, located in Columbia, South Carolina. "I was able to travel out of town two hours -- 146 miles each way -- and did not need to fill up until I returned home. All total, I did 409 miles on a single tank of gas in a V6 vehicle. I calculated that I gained an extra 112 miles per tank (14 gallon tank) of gas."
Alternative Energy Development Corporation's e3 Fuel Saver is an aftermarket automotive fuel saving device that operates on all new and late model gas powered vehicles and retails for just under $300. Independent tests conducted on vehicles equipped with the e3 Fuel Saver confirmed:
-- Up to a 50% increase in city and highway mileage
-- A reduction in vehicle emissions output
-- An improvement in overall engine performance
"Feedback for the product has been terrific," said Jay Alvarez, CEO of AEDC. "The e3 Fuel Saver is a highly affordable way for new and late model vehicle owners to save money on fuel costs and personally contribute to creating a cleaner eco-environment. Plus, our customers love the simplicity. The Fuel Saver can be installed in just under an hour and the product requires little to no on-going maintenance."
With over 250 Million registered vehicles in the US alone... Alternative Energy Development Corporation intends to be the industry leader in the design, development, manufacturing, marketing, and distribution of cost-effective after-market fuel conservation technologies for consumers, government entities and business owners. The Company is currently working with automotive dealers and installers nationwide to make the e3 Fuel Saver readily available to all gas powered vehicle owners.
About AEDC
Alternative Energy Development Corporation (AEDC) is an Arizona based company whose objective is to promote the development and installation of cost-effective, fuel saving automotive technology worldwide. Our environmentally friendly product was designed to provide a practical and affordable solution to curb rising fuel costs for consumers worldwide and reduce harmful greenhouse gas emissions that contribute to global warming. For more information about AEDC and the e3 Fuel Saver please visit our website at www.aedccorp.com or contact us directly: sales@aedccorp.com/1.888.799.3339.
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.
Contact:
Public Relations
PR@aedccorp.com
1.888.799.3339
No board marks, but you wanted volume, there you are my friend!!! Huge volume today and the news really wasnt that impressive.. Hmmmm, great volume late in the day and trading very very clean... I think this is going higher!!
The price gap is scareing me though...
Yes GNBT is good, and the volume is 67k, which the first trade was place at 15:23 so within 10 minutes this has traded 67k
Dude...it's 12K shares. When it's up on high volume and the board has at least FIVE boardmarks I'll be impressed lol.
Your GNBT is a much nicer and probably safer play.
WOW THIS THING IS MOVING ON NO NEWS!! SOMETHING IS UP HERE!!! NOT BOUNCING FROM A CHART PERSPECTIVE!!! GAP WAS TO LARGE FOR A BOUNCE!!!
Also GNBT!! Need to play all 4 of those on Monday!! They will all be greeeeeeeeeennnnnn!!
Also you need to play GRDO!!
I know nothing that the public doesn't.. Inititally just was playing the bottom of the chart but now looks like something is brewing here!! Guess we will just have to wait and see :) did you get in?
Wow..ok...My figures are from their last Q filing in June...what do YOU know that the public doesn't??
Intriguing...
Just wait my friend, you shall see.. If you havnt already!! Look at bid and ask? This is clearly going to run!! Hope you had he chance to load up! And also your figures are very wrong, you will see that on Monday!!
You do realize though that this company has $500 in cash and only $3000 in assets and a $42 million market cap with no sales, right?
Ok bud! Let's see what she does!!
Told you this would move!! This will really go monday!!
oh comeonnow comeonnow!
:O
Ok, we'll see! I hope you're right!
Yup, you called it, but now im calling this, explosion!!!
Wow. Down half since this post on 8/7. Saw it commin'.
i can see it on the chart. thanks~!
Yes, large move coming on this one this upcoming week!! Mark my words!!
nice bottom bouncer coming here i think.
Yeah i still own shares!
This one is going to move here very very soon!!!! Hope you all are still in on this cause its going to pay off here shortly!!
Agreed blue! watching for a bounce as well.
stock oversold. i'm expecting a **BOUNCE** here soon.
ADEC looking strong!!!
Thanks for the chart!!
ADEC will proove to be a monster soon enough imo
Agreed! i wouldn't be surprised to see ADEC have a nice run to HOD as well though..
ADEC stilllight on vol...getting going it seems. I certainly don't mind being early to the Party, as long as it's a good 1
Great day here for us guys!! cant wait to see how we do at tomorrows open.
Time to break this 1.30!!!!
new hod here very nice
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Welcome to the ADEC.OB board!
About AEDC
Alternative Energy Development Corporation is a FULLY REPORTING Arizona-based company who promotes the development and installation of cost-effective, fuel saving automotive technology worldwide. Their environmentally friendly product was designed to provide a practical and affordable solution to curb rising fuel costs for consumers worldwide and reduce harmful greenhouse gas emissions that contribute to global warming.
For more information about AEDC, visit them at www.aedccorp.com or call 888.799.3339.
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