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yawn. nothing going on here, either
Can someone please provide me with ATNE's Robert Kelly's email address?
Thanks!
zekel (a/k/a elmoscuba)
Robert T. Kelly. Do you think this is the same guy?
Genco Software Technology, Inc., a Wholly Owned Subsidiary Of RealTimeCars.com, Inc. Has Appointed B.J. Grisaffi As Chief Technology Officer of RealTimeCars, Inc.
LYNBROOK, N.Y., July 17 RealTimeCars, Inc. (OTC Bulletin Board: RTCI) is pleased to announce that on
July 12, 2001, B.J. Grisaffi was appointed Chief Technology Officer (CTO) of
RealTimeCars, Inc. On or about March 1, 2001, Mr. Grisaffi became President
of Genco Software Technology, Inc., a wholly owned subsidiary of
RealTimeCars.com, Inc. A career dealership executive and software developer,
Mr. Grisaffi brings over 30 years of dealership management experience and over
10 years of software development experience and is the sole architect of
Genco's Save-a-Deal(TM) Product.
"We are thrilled to have B.J. oversee the expansion of Genco's
Save-a-Deal(TM) Dealership Management System into the first end-to-end
real-time-capable system in the market," said Robert T. Kelly, C.E.O. and
President of RealTimeCars, Inc. "B.J.'s thorough knowledge of the management
needs of dealerships and his practical software design approach have allowed
the Save-a-Deal(TM) product to consistently generate significant profitability
enhancement results. RTCI's primary goal is to continually deliver new
dealership management solutions that embody the strong value proposition of
the Save-a-Deal(TM) product and we are excited to have B.J. oversee our
product roll out efforts."
Mr. Grisaffi first conceptualized and commenced development of what is now
Save-a-Deal(TM) in 1988, while serving as Finance Manager for Cal Worthington
Chevrolet in Houston, Texas. The original program was written in Lotus (DOS)
and was geared to track important finance information. In 1990, Mr. Grisaffi
joined Westside Chevrolet in Houston as its General Manager and continued to
work on the Lotus Version of the product. From mid 1991 to mid 1992, Grisaffi
worked with several dealerships in the Houston market as a self-employed
consultant and software systems developer.
From 1992 to 1994, Mr. Grisaffi re-wrote the software in MS Excel while
working as Finance Manager and General Manager for McDavid Honda and
subsequently, Finance Manager for Archer Motors. In early 1995, Mr. Grisaffi
rejoined McDavid as Manager of Special Finance. There, he installed his
Excel-based software and re-created the Lotus Version of the application
preferred by the General Manager. As a result of the implementation of the
software, the McDavid's Group of Dealers, encompassing at that time,
18 dealerships in Houston and Dallas, realized, on average, a 40% to
70% increase in dealer finance profit.
In mid 1998, Mr. Grisaffi re-wrote the software in MS Access. The program
has continually been enhanced since then and is more powerful than ever. The
software contains so much functionality that dealer personnel are required by
RTCI to be trained on its features, how to read and interpret its 48 reports
and implement profit enhancing practices. "Once a dealership is living in the
environment enabled by the Save-a-Deal(TM) Software, convincing them to live
without it is next to impossible," stated Mr. Grisaffi.
Mr. Grisaffi, before joining RealTimeCars, Inc. was Director of Finance
and Sales at McDavid Auto Group and had responsibility for overseeing the
daily finance and sales activities of the McDavid Group of dealers, having
more than 100 Managers reporting directly to him.
About RealTimeCars, Inc.
RealTimeCars, Inc. (RTCI), a company that intends to transform the way
automotive dealers do business, provides hardware and software solutions that
automate a wide range of processes throughout the dealership, enhance
inventory tracking and security and deliver valuable business management
information. RTCI intends to become the first company to offer a
comprehensive and fully integrated suite of "Real-Time" dealership management
...
Symbol Name Expiration Date
SWKJ SiteWorks Building & Development Company
SWKJE SiteWorks Building & Development Co (Common) 06/08/2006
SWKJ SiteWorks Building & Development Co (common) 04/24/2006
SRKS SiteWorks Inc New (1-200 R/S) 08/12/2004
STWK SiteWorks Inc (1-200 R/S) 04/17/2003
RTCI RealTime Cars Inc (See Note 1) 10/25/2002
STWK SiteWorks Ltd 02/25/2002
RTCI RealTimeCars Inc 02/22/2002
RTCI RealTimeCars, Inc 02/20/2002
Alternative Energy Technology, Inc. Submits Information Disclosure Document (Form 15c-211) and Discloses Letters of Intent to Purchase Several Technology Companies
Wednesday August 13, 1:47 pm ET
HOUSTON--(BUSINESS WIRE)--Alternative Energy Technology, Inc. (PINK SHEETS:ATNE - News) is pleased to announce the submission of Information Disclosure Document (Form 15c2-11) dated August 12, 2008 to market makers. Approval of Form 15c-211 allows ATNE.PK to be listed on “Pink Sheets Current Information”, as opposed to the Grey market, making the Company’s stock more attractive to potential investors. In addition, ATNE has executed letters of intent to acquire all the issued and outstanding shares of Cascade Gas Separation Systems, Inc., Pacesetter Chemicals and Intermediates, Inc. and Frederic-Ernest Agricultural Group, Inc. as a “fast track” in escalating the company’s commitment to its original business model.
The Alternative Fuels business model of ATNE is structured around the development and deployment of completely Fleet Mobile Vertically Integrated Biorefining Units to meet the transportation fuels needs of the country on a regional basis placing the process equipment in close proximity to cellulosic biomass resources. The integrated proprietary technologies in these units allow ATNE through its anticipated subsidiaries to emulate the process and product streams on a basis similar to that of traditional petroleum refining and/or chemical units. The Company has renewed its commitment to its accelerated business model based on the following:
First, is the renegotiation, execution and ratification of the Meridian Biorefining Technology License for cellulosic biomass processing, which includes simultaneous reduction of biomass within the micro and nano scale particle range with simultaneous separation of lignin through a Catalyzed Esterification process and further processing of the lignin into high value products including gasoline and gasoline additives.
Second, in its commitment to sustainable vertically integrated biorefining technology delivering multiple product streams on an expanded basis. ATNE has executed Letters of Intent to acquire all issued and outstanding shares of Pacesetter Chemicals and Intermediates, Inc., Cascade Gas Separation Systems, Inc. and Frederic-Ernest Agricultural Group, Inc. A brief description of each of these business enterprises and their technologies is as follows:
Pacesetter Chemicals and Intermediates, Inc. (PCII) – holds the exclusive license to proprietary process intensification technologies developed using Cascaded Selective Molecular Rejection Gas Separation Systems. This technology provides a platform for the catalytic conversion of nano and micro scale range cellulosic biomass particles into various chemical and intermediate compounds, which are then selectively separated in cascaded reactors on a continuous flow basis. This system has the capability to convert cellulosic biomass into a wide range of high value compounds.
Cascade Gas Separation Systems, Inc. (CGSI) – holds the exclusive license to proprietary process intensification technologies, which allow the separation of various gasses and other high value compounds through a series of Molecular Rejection Gas Separation Centrifuge Reactors. This system is specifically well suited to the separation and removal of contaminant gasses from production hydrocarbon gas streams in the oil and gas industry as well as for the processing of gas produced from landfill projects.
Frederic-Ernest Agricultural Group, Inc. (FAGI) – holds the exclusive license to proprietary process intensification technologies and equipment design development, which provide for the capability for the processing of cellulosic biomass in the field. FAGI is the experimental process intensification platform for the further development of fully field mobile equipment that takes the processing of cellulosic biomass to the agriculture community. The company is also adapting a system for “technology matching” allowing specific cellulosic process technologies to be designed for use with varying requirements of a range of dedicated cellulosic biomass feedstock resources for higher yields and reduced logistics costs.
While a definitive agreement has not yet been established between ATNE, CGSI, PCI and FAGI, it is presently intended that ATNE will acquire all of the issued and outstanding shares of CGSI, PCI and FAGI, whereupon CGSI, PCI and FAGI will become wholly owned subsidiaries of ATNE.
All of the actions described in this press release were taken by ATNE's management and the Control stockholder in order to bring greater value to the company and all of its bona fide stockholders. Management and the Control Shareholder wishes to thank all bona fide shareholders for their support in the past and their continued support now and into the future.
About Alternative Energy Technology, Inc.
The Alternative Energy Technology, Inc. (PINKSHEETS: ATNE - News), based in The Woodlands, Texas, is a technology company focused on biofuels and alternative energy technologies. It is developing the first true vertically integrated cellulosic platform biorefinery in the United States. It will focus on renewable dedicated feedstocks from non-food energy sources, coupled with technologies scaled to efficiently address transportation fuels and energy needs of the United States. The Company’s integrated technologies platform provide the ability to convert cheap, abundant cellulosic plant material into a variety of transportation fuels and chemical products allowing ATNE to efficiently address a part of America’s energy needs. America’s energy future must be built on non-food related renewable fuels, produced at lower costs. ATNE’s vertically integrated biorefining technology delivers the answer to this pressing need.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Contact:
Alternative Energy Technology, Inc.
Robert T. Kelly, Consultant, 214-500-7834
rtkelly.ATNE@gmail.com
As far as the company doing whatever they want to do with the same class of shareholders, I guess I should say that nothing would surprise me when it comes to market regulation any more.
Rule 10b-17 -- Untimely Announcements of Record Dates
--------------------------------------------------------------------------------
It shall constitute a "manipulative or deceptive device or contrivance" as used in Section 10(b) of the Act for any issuer of a class of securities publicly traded by the use of any means or instrumentality of interstate commerce or of the mails or of any facility of any national securities exchange to fail to give notice in accordance with paragraph (b) hereof of the following actions relating to such class of securities:
A dividend or other distribution in cash or in kind, except an ordinary interest payment on a debt security, but including a dividend or distribution of any security of the same or another issuer;
A stock split or reverse split; or
A rights or other subscription offering.
Notice shall be deemed to have been given in accordance with this section only if:
Given to the National Association of Securities Dealers, Inc., no later than 10 days prior to the record date involved or, in case of a rights subscription or other offering if such 10 days advance notice is not practical, on or before the record date and in no event later than the effective date of the registration statement to which the offering relates, and such notice includes:
Title of the security to which the declaration relates;
Date of declaration;
Date of record for determining holders entitled to receive the dividend or other distribution or to participate in the stock or reverse split;
Date of payment or distribution or, in the case of a stock or reverse split or rights or other subscription offering, the date of delivery;
For a dividend or other distribution including a stock or reverse split or rights or other subscription offering:
In cash, the amount of cash to be paid or distributed per share, except if exact per share cash distributions cannot be given because of existing conversion rights which may be exercised during the notice period and which may affect the per share cash distribution, then a reasonable approximation of the per share distribution may be provided so long as the actual per share distribution is subsequently provided on the record date,
In the same security, the amount of the security outstanding immediately prior to and immediately following the dividend or distribution and the rate of the dividend or distribution,
In any other security of the same issuer, the amount to be paid or distributed and the rate of the dividend or distribution,
In any security of another issuer, the name of the issuer and title of that security, the amount to be paid or distributed, and the rate of the dividend or distribution and if that security is a right or a warrant, the subscription price,
In any other property (including securities not covered under paragraphs (b)(1)(v)(b) through (d) of this section) the identity of the property and its value and basis for assigning that value;
Method of settlement of fractional interests;
Details of any condition which must be satisfied or Government approval which must be secured to enable payment of distribution; and in
The case of stock or reverse split in addition to the aforementioned information;
The name and address of the transfer or exchange agent; or
The Commission, upon written request or upon its own motion, exempts the issuer from compliance with paragraph (b)(1) of this section either unconditionally or on specified terms or conditions, as not constituting a manipulative or deceptive device or contrivance comprehended within the purpose of this section; or
Given in accordance with procedures of the national securities exchange or exchanges upon which a security of such issuer is registered pursuant to Section 12 of the Act which contain requirements substantially comparable to those set forth in paragraph (b)(1) of this section.
The provisions of this rule shall not apply, however, to redeemable securities issued by open-end investment companies and unit investment trusts registered with the Commission under the Investment Company Act of 1940.
--------------------------------------------------------------------------------
Regulatory History
36 FR 11514, June 15, 1971, as amended at 37 FR 4330, Mar. 2, 1972
Return to top
http://www.law.uc.edu/CCL/34ActRls/rule10b-17.html
Someone pointed out today that some of my recent posts were not linked, and may have generated some confusion. So I have decided to draw a picture:
Ameritrade is not allowing any orders on this stock, unsolicited though they may be.
Before the reverse split, the stock was still grey then, and you could see unsolicited bids and asks.
Now that has ended.
That is a significant difference, IMO.
This was my point.
Alternative Energy Technology Inc (ATNE)
Download the CSV file © AlphaTrade.com
Time(EST) Open High Low Close Volume
Aug-11-2008 7.0000 7.0000 7.0000 7.0000 0
Aug-08-2008 7.0000 7.0000 7.0000 7.0000 0
Aug-07-2008 7.0000 7.0000 7.0000 7.0000 0
Aug-06-2008 7.0000 7.0000 7.0000 7.0000 0
Aug-05-2008 7.0000 7.0000 7.0000 7.0000 0
Aug-04-2008 7.0000 7.0000 7.0000 7.0000 0
Aug-01-2008 7.0000 7.0000 7.0000 7.0000 90
Jul-31-2008 6.5000 6.5000 6.5000 6.5000 90
Jul-30-2008 5.0000 12.5000 5.0000 12.5000 326
Jul-29-2008 5.0000 12.5000 5.0000 12.5000 436
Jul-28-2008 15.0000 15.0000 12.5000 12.5000 14
Jul-25-2008 12.0000 12.5000 12.0000 12.5000 36
Jul-24-2008 5.0000 6.0000 5.0000 6.0000 80
Jul-23-2008 12.0000 12.5000 5.0000 12.5000 528
Jul-22-2008 7.5000 12.5000 7.5000 10.0000 340
Jul-21-2008 5.0000 6.0000 5.0000 6.0000 123
Jul-18-2008 6.0000 8.0000 5.0000 8.0000 2,063
Jul-17-2008 12.5000 12.5000 5.0000 5.1000 436
Jul-16-2008 5.0000 10.0000 5.0000 5.0000 684
Jul-15-2008 5.0000 7.5000 5.0000 5.0000 813
Jul-14-2008 8.5000 12.5000 5.0000 7.5000 503
Jul-11-2008 11.5000 15.0000 7.5000 8.0000 723
Jul-10-2008 7.5000 10.0000 7.5000 10.0000 28
Jul-09-2008 12.5000 12.5000 12.5000 12.5000 60
Jul-08-2008 12.5000 15.0000 12.5000 15.0000 16
Jul-07-2008 10.0000 15.0000 10.0000 12.5000 437
Jul-03-2008 22.5000 22.5000 10.0000 13.0000 10
Jul-02-2008 15.0000 20.0000 7.5000 20.0000 1,567
Jul-01-2008 17.5000 25.0000 12.5000 15.0000 831
Jun-30-2008 12.5000 15.0000 12.5000 15.0000 80
Jun-27-2008 12.5000 12.5000 12.5000 12.5000 60
lol. there's nothing transparent about the grey market. did you have a question?
And yes, I have purchased a grey market stock before. Blindly. They have no bid and no ask. What is it that you do not understand?
Get Quote(s): ATNE The symbol you entered (ATNE) is not valid.
http://worldwidewas.com/
What part of grey market do you not understand?
You try and trade it lately?
Did you see my previous post concerning the grey markets? You will find your answer there.
Does your broker provide a quote? Mine does not even show that the security exists.
ATNE currently quoted on the Grey Markets. No surprise as they emerge from the mess created by the old management.
Here is the definition of Grey Market as shown on Pinksheets.com:
There are no market makers in this security. It is not listed, traded or quoted on any stock exchange, the OTCBB or the Pink Sheets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.
(as of this weekend):
Trade Data / Last Trade 08/01/2008 Last Sale 7.00 Change +0.00
% Change +0.00 Tick Down
Daily High 0.00 Daily Low 0.00
Opening Price 0.00 Volume 0
52 wk. High 3.76 52 wk. Low 0.10
Prev Close 7.00 Dividend 0.00
Yield 0.00 Beta Coefficient 0.78
As the company begins to make periodic filings, I would anticipate that they would migrate off of the grey market onto the more traditional quoted systems. It will be a long haul for the legitimate shareholders, but unfortunately, what is required to emerge from the train wreck created by the alleged illegal activities of Carmichael, Gilchrist, Cloud, Mordekhay, and others in the old management.
Get Quote(s): ATNE - The symbol you entered (ATNE) is not valid. Symbol lookup
Real Time Quote Provided by OTC @ 10:31:27 AM EDT
Depth/Level II for Alternative Energy Technology Inc (ATNE)
$ N/A N/A(N/A) Volume: 0 N/A
Time & Sales
Price Size Exch Time
-- -- -- --
Depth/Level II for The Alternative Energy Technology Center Inc (AETE)
$ 0.14 0.00 (0.00%) Volume: 0 3:23 PM EDT Aug 1, 2008
Time & Sales
Price Size Exch Time
0.14 2500 OTO 08/01
0.14 2000 OTO 08/01
0.13 4500 OTO 07/31
0.25 4500 OTO 07/30
0.25 1000 OTO 07/30
0.25 800 OTO 07/30
0.25 470 OTO 07/30
0.25 200 OTO 07/30
0.25 2000 OTO 07/30
0.10 125 OTO 07/30
0.25 250 OTO 07/30
0.10 500 OTO 07/30
0.25 2000 OTO 07/30
0.25 875 OTO 07/30
0.10 1125 OTO 07/30
0.25 500 OTO 07/30
0.12 200 OTO 07/30
0.12 800 OTO 07/30
0.10 1000 OTO 07/30
0.25 1125 OTO 07/29
0.25 325 OTO 07/29
0.25 800 OTO 07/29
0.12 2799 OTO 07/29
0.15 2201 OTO 07/29
0.10 5000 OTO 07/29
0.15 200 OTO 07/29
0.10 200 OTO 07/29
0.15 1000 OTO 07/29
0.10 1000 OTO 07/29
0.25 1000 OTO 07/29
OTCBB and Other-OTC System Changes - 08/01/2008
OTCBB Daily List
Other-OTC / Portal / PPS Daily List
OTCBB, Other-OTC and Portal Daily List
SECURITY ADDITIONS
Updated Symbol Company Name Effective Date OATSReportableFlag Unit of Trade Comments
15:36 ACTFF Asian Citrus Holdings Ltd Ordinary Shares (Bermuda) 8/4/2008 Y 100
Portal System Changes 08/01/2008
SECURITY ADDITIONS
Updated Symbol Company Name Effective Date OATS
Reportable
Flag Unit of
Trade Comments
13:42 AMGDL Affiliated Managers Group, Inc. 144A 8/4/2008 N 100
15:36 BPAFF Banco Panamericano SA Preferred Shares 8/4/2008 Y 100
15:36 CMRUF CMR Fuel Cells PLC, Cambridge Ordinary Shares (United Kingdom) 8/4/2008 Y 100
15:36 EUSCF Eurosic STK Ordinary Shares (France) 8/4/2008 Y 100
13:42 HLNQ Hilton Hotels Corporation 8% Quarterly Int BDS QUIBS 8/4/2008 Y 100 **
13:42 INVX Innovex, Inc. Common Stock 8/4/2008 Y 100 From S (INVX) **
16:13 NISGY Nis Group Co Ltd ADR 8/4/2008 Y 100 From NYSE (NIS)
13:42 PRVU PreVu, Incorporated Common Stock 8/4/2008 Y 100 From G (PRVU) **
16:13 PWGA PowerGae, Inc. Common Stock 8/4/2008 Y 100 From NBB (PWGA)
16:13 SDIJF Speymill Deutsche Immobilien Company PLC, Douglas Ordinary Shares (Isle of Man) 8/4/2008 Y 100
16:13 SPXA SpectrumDNA, Inc. Common Stock 8/4/2008 Y 100 From NBB (SPXA) **
SECURITY DELETIONS
Updated Symbol Company Name Effective Date Unit of
Trade Comments
13:42 ATWRW American Tower Escrow Corporation 144A Warrant to Purchase Class A Common American Tower Corp. 8/1/2008 8/4/2008 100 Expired Security **
13:42 CRPT Nations Flooring Inc Common Stock 8/4/2008 100 12(j) Registration Revoked by SEC **
13:42 NCGH NetCare Health Group, Inc. Common Stock 8/4/2008 100 12(j) Registration Revoked by SEC **
13:42 NRMI National Record Mart, Inc. Common Stock 8/4/2008 100 12(j) Registration Revoked by SEC **
13:42 NSIE National Sorbents, Inc. Common Stock 8/4/2008 100 12(j) Registration Revoked by SEC **
13:42 NTGN NetGain Development, Inc. Common Stock 8/4/2008 100 12(j) Registration Revoked by SEC **
16:51 PHIS Physicians Ins Svcs Ltd Common Stock 8/4/2008 100 Inactive security
16:13 PWGA PowerGae, Inc. Common Stock 8/4/2008 100 Added to OTCBB (PWGA)
15:49 QBIK Cubic Energy Inc Common Stock 8/4/2008 100 Listed on AMEX (QBC)
13:42 RPSD Rhapsody Acquisition Corp. Common Stock 8/4/2008 100 Listed on NGM (PRIM) **
13:42 RPSDU Rhapsody Acquisition Corp. Units 8/4/2008 100 Listed on NGM (PRIMU) **
13:42 RPSDW Rhapsody Acquisition Corp. Warrants 10/2/2010 8/4/2008 100 Listed on NGM (PRIMW) **
13:42 SORB Sorbent Technologies Corp Common Stock 8/4/2008 100 Acquired by Albemarle Mergersub Inc ($6.4326/sh) **
16:13 SPXA SpectrumDNA, Inc. Common Stock 8/4/2008 100 Added to OTCBB (SPXA) **
SYMBOL CHANGES
Updated Date Old Symbol New Symbol Name Comment
13:42 8/4/2008 APVL APVLF Apiva Ventures, Ltd. Ordinary Shares (Canada) **
15:36 8/4/2008 HKFIQ HKFI Hancock Fabrics, Inc. Common Stock Plan of Bankruptcy effective 8/1/2008 **
13:42 8/4/2008 SNBP SNBPD Sinobiopharma, Inc. Common Stock 50-1 F/S; Payable upon Surrender of Certificates **
NAME/SYMBOL CHANGES
Updated Date Old Symbol Old Name New Symbol New Name Comment
14:05 8/4/2008 AETE The Alternative Energy Technology Center Inc Common Stock ATNE Alternative Energy Technology Inc Common Stock 1-50 R/S **
13:42 8/4/2008 ANLT Analytical Surveys, Inc. Common Stock AXIH Axion International Holdings, Inc. Common Stock 1-4 R/S **
13:42 8/4/2008 CCMOV CC Media Holdings, Inc. Class A Common Stock When Issued CCMO CC Media Holdings, Inc. Class A Common Stock S/D: 8/7/2008
13:42 8/4/2008 CMNN Communicate.com Inc. Common Stock LIVC Live Current Media Inc. Common Stock **
13:42 8/4/2008 FGWI 5G Wireless Communications, Inc. Common Stock FGWC 5G Wireless Communications, Inc. Common Stock New 1-2000 R/S **
13:42 8/4/2008 MZYH Mezey Howarth Racing Stables Inc Common Stock FTER Forterus, Inc. Common Stock 1-50 R/S **
13:42 8/4/2008 RVIT Revive-it Corp. Common Stock KLEC KL Energy Corporation Common Stock **
13:42 8/4/2008 ZAXS Zaxis International, Inc. Common Stock ZXSI Zaxis International, Inc. New Common Stock 1-100 R/S **
Private Placement Security Changes 08/01/2008
http://www.otcbb.com/asp/dailylist_detail.asp?mkt_ctg=ALL&d=08/01/2008
maybe just typing on a blackberry with little buttons or something
"high priced securities lawyer". If that's the case, I have no bid for him/her. Errors on the front end would indicate a continuance of the same.
oh! you don't think it's the return of that troll that was booted a few weeks back, do you? this alias seems to be a lot more intelligent. must be a really high priced securities lawyer.
Oh, I'm sure that he is working hand in hand with the SEC. Fantasias y fantasmas.
Bob, I don't get it. Someone that says they are here to shore up things with the SEC is posting on an interent message board about material, non-public information, and thinks this is all OK with the SEC?
Am I reading these posts with my Happy Meal HypnoGlasses and just not getting the correctly encoded message here??
Seems we are increasingly short of FD disclaimers.
1. I don't moderate this message board.
2. I won't quote your post back to you. Attorneys love doing that. I find it really annoying when people do that. And I usually only do it to others when I want to be a pest.
3. Relying on message boards? The company you represent went after promoters who use message boards as one of their main vehicles to promote stocks. So what's posted here is not important to the company? Admit it. You are attacking me because you don't like my posts, as you claim you represent the restoration of the good name of the company. Am I not helping you with that? Is that the problem? Would you be happier if I actually did some due diligence on this company and the insiders and posted some of that?
4. As far as being serious, that's something I almost never am, and I'm pretty happy with that. Sorry if you are not happy about it, but that's not my problem.
5. For someone who does not take message boards as a serious place to perform due diligence, you sure find some use for them.
Aren't stock message boards great? This is fun, huh?
No one asked you to be impressed (or not) with words of any particular value. And I would have to say that if McConald's would be an upgrade for you then what prey tell qualifies you to moderate this messae board?
On the issue of any attempt to use this board or any other "to promote the successful sale of stock by this company" (your quote), my answer would have to be that anyone who relies on annonymous postings for the purpose of buying or not buying a stock position is seriously delerious and would have suffered from being in the sun too long. I will also add that it is my considered judgement that postings from these message boards do not constitute legitimate due dilligance on the value of a companies viability by any measure. That would be true for ATNE or any other company.
The purchase of any companies stock should be considered as a serious economic decision which is a far cry from the general attitude reflected in your statements presented here.
And by the way, hiding behind an alias doesn't make insiders at a company immune from SEC scrutiny. Since you are talking with them freqently, as you claim, you might check with them about their disclosure rules.
The last time I checked, company insiders and their affiliates/related entities are required to disclose their relationship IN EVERY INTERNET POST THEY MAKE, anonymous or not.
Enjoy your posting activities.
50 cent words don't impress me much.
but it sounds to me like you are saying you are not here to promote the successful sale of stock by this company...
... while you are posting about the company's plan to successfully get their shares trading again so they can market their shares.
I appreciate the McDonald's insult a lot. That would be an upgrade for me. Thanks!
First, I am not responsible for your education and your questions are more to the point of asinine than they are anything else.
As for the 17 (b) what I posted in my previous answer addresses that very well if you actually bother to read it. I don't do single syllable answers for individuals who would otherwise be hard pressed to hold a position at the drive through window at McDonald’s.
As to my position with the company, you’re right that is my business. On the issue of my "inside knowledge of the Stock" there has been nothing posted here that would be anything other than a discussion of the legal health and well being of the company as it related to the investigation and the findings from that and the intent of the management to maintain that well being for the benefit of the investors.
As to the "royal we" you should actually consider yourself to stand corrected in terms of it being instead the "papal we" because that would definitely be more appropriate. This takes the concept of sovereignty one step higher and to a more appropriate level if you will. This is a character trait that while interesting is of little consequence in any discussion here.
And, on the issue of how the company will communicate in the future with shareholders and the general public I'm sure that will be done in terms of a legitimate web site as well as the generally accepted corporate press releases. I have no standing from which I can represent the position of the company on this site or any other. What I have stated here is based on documented fact as it exists and is pertinent to discussions of the company’s viability in an ongoing ability to execute its business model. That being without the undue influence associated with the previous nest of stock fraud artists.
The issue here is that through the structure of your statements and questions you establish a very leading position that is completely recognizable - somewhat akin to the old "are you still beating your wife", line of questioning. This in not only singularly offensive in it's construct it is patently obvious what is being attempted on your part. So, hat you will find is that the generally mundane chatter here is just that - chatter. It is fairly apparent that there is no intent to support a literal discourse on any subject that would be of importance in these matters because you either attempt to redirect the main point to some inane point or as I have previously experienced make claims of being off subject.
The company management is definitely not in attempting to maintain meaningful communications with the shareholders or the general public through any means other than authorized conduits which certainly would not include "anonymous postings" here or anywhere else.
I guess I will take this one point at a time, but I am busy right now, so I'll just hit the main point I asked you about a day or two ago via private message here... I asked if YOU had made a 17(b) disclosure. Since you brought it up public, I'll bring it up here, then:
... And, Just so you understand that we do indeed know what would be required under 17(b) since you suggested we might not know or understand the implications of this Section 17 is copied below...
We?
Is more than one person using this alias?
Or are you a company official speaking in the royal "we" voice here?
I guess you don't have to disclose your relationship with the company. That's your business. You seem to have some sort of inside knowledge about this stock.
Is this how the company plans to communicate with shareholders in the future? on an iHub message board?
Gosh, that's an awful lot of information to read. Could you summarize that in a few words? What does it mean?
Generic,
As if you did not understand the requirements of “legalese” there are certain words and phrases that are required under any circumstances. And, what seems to be obvious in how some of your phrases are structured is that instead of not only obviating yourself to the full context of what is contained in the TNE press release you want to cut out some small nebulous area and stir things with innuendo.
The purpose of the whole exercise in dealing with the crooks and thieves in the manner consistent with their activities that had targeted MXPR/AETE from the beginning as a conduit for the continuing conduct of a much larger set of illegal activities is simple and straight forward – a) the integrity of the company was to be preserved, b) the ability to conduct the business within the established business model was to be reestablished, and c) the investment of the legitimate stockholders and their stock positions had to be protected. I would believe that this is a very important set of points that have been uppermost in everything that has been conducted by the new management staff and consultants to the company.
In you question about the “selectivity” of stock that will be recognized, you might want to consider that 8 months, countless man hours and several hundred thousand dollars have been expended in the investigation that began in January. We do know who is who as to the bona fide stockholders of the company including those who were unfortunately placed in a position of having purchased shares through their personal brokerage accounts where the order was filled from an account at Charles Schwab where 2.4 million shares of the counterfeit stock had been housed specifically to move it into the market as part of the intended stock fraud scheme.
As a matter of making sure that the record is straight, we know that there are shares still out there that were secured through illegal means. The decision was made that those bona fide stockholders, including those who had the misfortune of purchasing counterfeit shares through the Schwab account mentioned above will be made whole in their positions. The fact is that over 800,000 shares of counterfeit stock was moved into the market illegally at the expense of legitimate investors who purchased the stock with their hard earned money – this begs he question why should the fraudsters be able to line their pockets while those who purchased the stock have their investment either severely diluted or completely erased? The option available to the Control Stockholder of the company and the new management was to affect a strategy which was discussed with the SEC, the corporate attorney and several enforcement agencies and put into effect for the benefit of those who would have otherwise suffered some severe economic consequences..
The company has in fact had discussions with individuals who purchased stock which is traceable back to this block that was parked in a known and identified Charles Schwab account and when the purchase was effected the transaction was during a time frame when identified pump and dump tactics were being conducted by the former officers and directors of MXPR/AETE. All of this was done under an well known and identifiable set of methods and procedures using established conduits for the manipulation of the stock through the use of email spam mechanisms established outside of the knowledge or consent of the new management and staff of ATNE.
And to answer the question from your private posting you can rest assured that if it was not clear from the press release – Yes there has been and continues to be a close contact with not only the SEC but several other regulatory and enforcement agencies whereby the spirit and letter of SEC Section 17, Fraudulent Interstate Transactions have been adhered to in the gathering, compiling and delivery of several thousand pages of documents and informational analysis related to how the structure of the targeting of MXPR/AETE was initiated by those former officers and directors and their associates operating for their own accounts without regard for the interests of the investors who they would defraud through their activities. It was found in the investigation that all of this group and the much larger community of their associates had been involved on an ongoing basis in this kind of activity directly associated with the predecessor company to ATNE, MXPR/AETE since from as far back as late 2005. It was also found that a number of parallel stock scam operations had been conducted and that there are several being conducted on an ongoing basis. And, Just so you understand that we do indeed know what would be required under 17(b) since you suggested we might not know or understand the implications of this Section 17 is copied below.
You will find that the Pink Sheets “Disclosure Statement” has been completely rewritten and updated and that the “Caveat Emptor” designation has been removed because of that action on the part of the new management of ATNE and its consultants. Also, a revised and accurate 15c211 filing will be completed within the next 48 hours and it will also be posted to the Pink Sheets as well.
Since as you say, you have never and still do not hold any ATNE stock then I would suppose that your interests in this are primarily academic and I would hope that this short dissertation satisfies you inclination toward having your inquisitive nature satisfied for the moment.
Section 17 -- Fraudulent Interstate Transactions
a. Use of interstate commerce for purpose of fraud or deceit
It shall be unlawful for any person in the offer or sale of any securities or any security-based swap agreement (as defined in section 206B of the Gramm-Leach-Bliley Act [15 USCS § 78c note]) by the use of any means or instruments of transportation or communication in interstate commerce or by use of the mails, directly or indirectly--
1. to employ any device, scheme, or artifice to defraud, or
2. to obtain money or property by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading; or
3. to engage in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon the purchaser.
b. Use of interstate commerce for purpose of offering for sale
It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.
c. Exemptions of section 3 not applicable to this section
The exemptions provided in section 3 shall not apply to the provisions of this section.
d. Limitation
The authority of the Commission under this section with respect to security-based swap agreements (as defined in section 206B of the Gramm-Leach-Bliley Act [15 USCS § 78c note]) shall be subject to the restrictions and limitations of section 2A(b).
...The Control Shareholder is under no obligation, whatsoever, to honor any bona fide shareholder's request to receive the gift of shares, under any circumstance...
??? what's that mean?
I don't think the criteria is arbitrary - if one was a legitimate shareholder, the distribution would be on a non-discriminatory basis. Try calling the company, they can probably help explain it better than me as I am simply speculating at this point based on their public statements.
I'm not a shareholder. Never was.
But this is an interesting case. Always was.
I'm curious to know how they plan to assign shares to some people that are in the same class of shareholders (i.e. common shares) and not to others based on some arbitrary criteria.
I communicated with the company and its consultant and they know exactly where all the names are, including that which is in street name. They state that they have in fact pulled multiple NOBO / OBO lists and know who sold what and where it came from and who it went to.
Sounds to me all you need to do is contact them and be a party to the gift! Any reason why you would be hesitant to do so?
so, they want to know the names and addresses of all their legitimate and not-so-legitimate shareholders?
How about a NOBO and/or OBO list?
From the press release, it is clear that the company and the majority shareholder are looking to keep bona fide shareholders happy by this offer. With as much alleged illegal shares issued by Carmichael & former management, I am sure the company is looking at ways to differentiate between those shares and those by the legitimate investors. I would be surprised if the Company did not already have the list, but perhaps since many accounts are held in a street name, it would likely be difficult to discern who ultimately owns the shares.
Simple solution would be to simply contact the company via the contact name given in the press release and discuss the specifics as to how it will work. You can address your concerns noted in your post directly with them.
Can you explain this share distribution plan?
It looks like they want people to send their personal brokerage account information in to the company, with no promise of performance or delivery of dividend(?) shares attached. Am I reading that right?
Why didn't they just order a NOBO/OBO list and take care of all that? Don't they know who their shareholders are? This kind of report doesn't cost very much to order, from what I understand.
Different shareholders get different treatment?
Who is advising these people?
ATNE Charts
that appear to be non-functional and inaccurate.
Alternative Energy Technology Center, Inc. Effects Name Change, Symbol Change and Reverse Stock Split
THE WOODLANDS, TX--(Marketwire - August 1, 2008) - The Alternative Energy Technology Center, Inc. (PINKSHEETS: AETE) announced that effective today at the close of business, the Company will change its name to "Alternative Energy Technology, Inc." and begin trading under its new symbol (PINKSHEETS: ATNE). In addition, the Company announced a 1:50 reverse split of its outstanding common shares and an increase in the number of authorized shares of common and preferred stock to 500,000,000 and 20,000,000 shares, respectively. The reverse split and the increase in authorized shares will become effective at the close of business today as well.
Robert T. Kelly states, "The actions taken on June 23, 2008 and our subsequent submission to FINRA on June 9, 2008 are the result of Control Shareholder and AETE New Management having exhausted all avenues to interdict the conduct of ongoing criminal activities perpetrated by former officers and/or directors (and their associates) of The Alternative Energy Technology Center, Inc. f/k/a Mortgage Xpress, Inc." In order to curtail the sale of fraudulently issued shares of AETE common stock, New Management of AETE and its Control Shareholder made a decision to reverse split the common stock on a 1:50 basis. In making this decision the Company and New Management relied on advice from corporate council and AETE's Consultant.
"AETE has been in close contact with the Securities Exchange Commission, FINRA and various state regulatory and enforcement agencies, cooperating and providing related information ever since Control Shareholder and New Management discovered the criminal activities of Jonathan Gilchrist, William Carmichael and their cohorts," stated Mr. Kelly. He went on to say, "The company and New Management intend to vigorously and systematically pursue all those that have been engaged, directly or indirectly, in this illegal activity, which has caused substantial losses to the company, its investors and stockholders and significant damage to the reputation of AETE and its business enterprise."
The New Management of AETE would like the complete cooperation of all shareholders of AETE that purchased shares between December 2007 and July 31, 2008, as related to shares purchased from a Broker or Brokerage firm touting AETE's stock and AETE's stock touted by individuals, email spam and investor relations websites.
Associated delays in the FINRA approval of the AETE reorganization were directly related to demands by Depository Trust Company on two separate occasions to compel AETE, its Consultant and newly appointed transfer agent, Securities Transfer Corporation, to generate a letter signed by its Consultant and transfer agent stating that the fraudulent shares held in various accounts at Charles Schwab & Co., Inc. (Schwab), Legent Clearing, LLC (a Schwab company), Aurora Financial Services, LLC and its clearing firm Penson Financial Services were validly issued. This, not withstanding the clearly documented facts as presented to all parties showing the shares to have been fraudulently issued by Jonathan Gilchrist and William Carmichael under a Reg. D, 504 Offering on or about December 27, 2007. As a result of the delay by FINRA as well as demands by DTC, AETE has lost approximately eight weeks of valuable time executing its reorganization strategy as opposed to developing its business model.
Mr. Kelly stated, "It was discovered during an investigation undertaken by Control Shareholder, New Management and myself that beginning the first week of January and continuing into July 2008, AETE had been targeted for use as a conduit in ongoing criminal activities related to microcap stock fraud by former officers and/or directors of AETE and their associates. From on or about February 22, 2008 the Control Shareholder, New Management and I have been in regular contact with The Securities Exchange Commission Enforcement Division providing complete documentation on our internal investigation as it developed. The development of significant information on the disposition of the Reg. D, 504 stock offering came about through the analysis of a stock and money-laundering scheme initiated by Jonathan Gilchrist, William Carmichael, David Mordekhay and Shir Doron of Petach Tikva, Israel."
Mr. Kelly went on to say, "On information and belief, Jonathan Gilchrist transferred to Shir Doron shares of the Reg. D, 504 offering. An offer was then made to the New Management of AETE, by way of David Mordekhay, acting for an 'investment group out of Amsterdam/Israel' to provide funds through participation in a Private Placement Memorandum in the amount of $250,000 over a period of 5 months with the first $50,000 provided immediately and the remaining $200,000 in four $50K tranches. The plan was for the money for the PPM to be raised through the sale of the stock placed with Shir Doron during the time when Jonathan Gilchrist was manipulating the stock volume and value through the use of email spam and "investor relations" websites using false and misleading information and a website (www.altenergytechcenter.com) controlled by Jonathan Gilchrist (as Registrant) and designed by agents of Jonathan Gilchrist. The entire plan was to fund the PPM with funds from the sale of fraudulently issued Reg. D, 504 stock, in essence, funding the company with it's own money while gaining a larger number of shares of stock to be converted at a future date. Although this plan was interdicted in part, the eight-week delay referred to above with FINRA and DTC allowed Shir Doron to liquidate approximately 223,000 shares of fraudulent AETE common stock through the auspices of Aurora Financial Services, LLC."
As a means of eliminating the negative impact to investors and bona fide stockholders from the trading of illegal Reg. D, 504 shares and the 1:50 reverse split on bona fide shareholders of record in AETE stock, the Control Shareholder has decided to gift shares to those bona fide shareholders of record in a manner and under conditions that restore their positions in AETE stock. Bona fide shareholders of record would otherwise suffer substantial dilution subsequent to the 1:50 reverse split and shareholders who purchased the illegal Reg. D, 504 shares in the market would have possibly lost their entire investment due to the activities described above. All bona fide shareholders of record must be shareholders prior to the record date, that being Friday, August 1, 2008, and must provide AETE and Control Shareholder with documentation that substantiates the ownership of recorded shareholdings. The Control Shareholder is under no obligation, whatsoever, to honor any bona fide shareholder's request to receive the gift of shares, under any circumstance. Shortly after the Record date a letter of transmittal will be mailed to all shareholders of AETE, which will set forth the procedure involved with receiving each bona fide shareholder's new shares, gifted shares and/or warrants. All bona fide shareholders (if qualified) owning less than 500 shares will receive, in addition to the new shares and gifted shares, 10 warrants to purchase, in the aggregate, 2,000 new shares. Each warrant will be exercisable into 200 shares of the new common stock of Alternative Energy Technology, Inc. at an exercise price of $5.00 per share. Although no guarantees can be made, it is the intent of the AETE to file a registration statement with the Securities and Exchange Commission covering the common stock underlying the warrants. Such registration statement will serve to bring AETE into compliance with the Commission's required filings, in order to effectuate subsequent trading of the AETE's common stock on the Bulletin Board or higher exchange. All fractional shares held by Stockholders who own ten shares or more of the new common stock will be rounded up to the nearest full share.
The Alternative Fuels business model of AETE is structured around the development, construction and deployment of complete Fleet Mobile Vertically Integrated Biorefining Units to meet the transportation fuel needs of the country on a regional basis, placing the process equipment in close proximity to cellulosic biomass resources. The integrated proprietary technologies in these units allow AETE, through its anticipated subsidiaries, to emulate the process and product streams on a basis similar to that of traditional petroleum refining and/or chemical units. The New Management and staff of AETE are renewing its commitment to the enterprise model based on the following.
First, is the ratification of the Meridian Biorefining Technology License for cellulosic biomass processing which includes the simultaneous reduction of biomass to micro and nano particle scale range with the simultaneous separation of lignin through a Catalyzed Esterification process and further processing of the lignin into high value products including gasoline and gasoline additives. Second, its commitment to sustainable vertically integrated biorefining technology delivering multiple product streams on an expanded basis.
All of the actions described in this press release were taken by AETE's New Management and the Control Shareholder in order to bring greater value to the company and all of its bona fide stockholders. New Management, Consultant and the Control Shareholder wishes to thank all bona fide shareholders for their support in the past and their continued support now and into the future.
About Alternative Energy Technology Center, Inc.
The Alternative Energy Technology Center, Inc. (PINKSHEETS: AETE), based in The Woodlands, Texas, is a technology company focused on biofuels and alternative energy technologies. It is developing the first true biorefinery in the U.S. It will focus on technologies using renewable energy inputs from non-food energy sources and on technologies that can be scaled up to efficiently address the post-petroleum energy needs of the United States and abroad. AETE's integrated technologies provide the ability to convert cheap, abundant cellulosic plant material into a variety of fuel products that will allow AETE, initially, to efficiently address a part of America's energy needs. America's energy future must be built on renewable fuels that can be produced at a lower cost and AETE's vertically integrated biorefining technology delivers the answer to this pressing need.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Historical Prices
Date Open High Low Close Volume Adj
Close
2008/07/29 0.10 0.25 0.10 0.25 11,299 0.25
2008/07/28 0.30 0.30 0.25 0.25 700 0.25
2008/07/25 0.24 0.25 0.24 0.25 1,800 0.25
2008/07/24 0.10 0.12 0.10 0.12 4,000 0.12
2008/07/23 0.24 0.25 0.20 0.25 14,790 0.25
2008/07/22 0.15 0.25 0.15 0.20 17,000 0.20
2008/07/21 0.10 0.12 0.10 0.12 6,180 0.12
2008/07/18 0.12 0.16 0.10 0.16 133,968 0.16
2008/07/17 0.25 0.25 0.10 0.10 20,800 0.10
2008/07/16 0.10 0.15 0.10 0.15 23,200 0.15
2008/07/15 0.10 0.15 0.10 0.10 25,115 0.10
2008/07/14 0.17 0.25 0.15 0.15 13,170 0.15
2008/07/11 0.23 0.30 0.15 0.30 11,665 0.30
2008/07/10 0.15 0.15 0.15 0.15 705 0.15
2008/07/09 0.25 0.25 0.25 0.25 3,000 0.25
2008/07/08 0.25 0.30 0.25 0.30 800 0.30
2008/07/07 0.20 0.30 0.20 0.25 21,870 0.25
2008/07/03 0.45 0.45 0.26 0.26 100 0.26
2008/07/02 0.30 0.40 0.20 0.40 81,841 0.40
2008/07/01 0.35 0.40 0.25 0.30 32,600 0.30
2008/06/30 0.25 0.30 0.25 0.30 4,000 0.30
2008/06/27 0.25 0.25 0.25 0.25 3,000 0.25
2008/06/26 0.39 0.45 0.30 0.30 7,123 0.30
2008/06/25 0.40 0.45 0.34 0.34 9,120 0.34
2008/06/24 0.50 0.50 0.43 0.45 400 0.45
2008/06/23 0.30 0.50 0.25 0.37 8,820 0.37
2008/06/20 0.55 0.55 0.45 0.55 7,550 0.55
2008/06/19 0.50 0.50 0.40 0.45 5,800 0.45
2008/06/18 0.25 0.50 0.25 0.50 330 0.50
2008/06/17 0.25 0.45 0.25 0.35 1,550 0.35
2008/06/16 0.25 0.50 0.25 0.50 4,848 0.50
2008/06/13 0.44 0.55 0.35 0.35 1,010 0.35
2008/06/12 0.25 0.25 0.25 0.25 1,300 0.25
2008/06/11 0.45 0.50 0.33 0.50 8,000 0.50
2008/06/10 0.55 0.55 0.25 0.35 8,251 0.35
2008/06/09 0.75 0.75 0.30 0.30 10,250 0.30
2008/06/06 0.50 0.50 0.30 0.30 15,849 0.30
2008/06/05 0.40 0.45 0.40 0.45 8,415 0.45
2008/06/04 0.43 0.50 0.40 0.50 182,500 0.50
2008/06/03 0.30 0.50 0.30 0.50 7,174 0.50
2008/06/02 0.30 0.55 0.30 0.55 16,306 0.55
2008/05/30 0.40 0.50 0.35 0.35 14,570 0.35
2008/05/29 0.30 0.60 0.30 0.32 25,960 0.32
2008/05/28 0.30 0.40 0.30 0.40 7,000 0.40
2008/05/27 0.55 0.60 0.30 0.30 18,434 0.30
2008/05/26 - - - - - -
2008/05/23 0.40 0.40 0.40 0.40 8,796 0.40
2008/05/22 0.60 0.60 0.40 0.50 56,687 0.50
2008/05/21 0.51 0.65 0.25 0.25 7,550 0.25
2008/05/20 0.43 0.50 0.40 0.50 16,850 0.50
2008/05/19 0.40 0.45 0.40 0.45 2,825 0.45
2008/05/16 0.40 0.50 0.40 0.40 21,913 0.40
2008/05/15 0.45 0.55 0.45 0.50 15,280 0.50
2008/05/14 0.35 0.75 0.25 0.50 79,240 0.50
2008/05/13 0.80 0.80 0.40 0.55 55,384 0.55
2008/05/12 0.50 0.95 0.50 0.65 16,275 0.65
2008/05/09 0.95 0.95 0.70 0.95 70,616 0.95
2008/05/08 0.75 0.95 0.75 0.90 61,470 0.90
2008/05/07 1.10 1.10 0.75 0.85 26,620 0.85
2008/05/06 0.80 1.12 0.75 1.12 36,232 1.12
2008/05/05 1.25 1.25 0.90 0.95 148,040 0.95
2008/05/02 1.25 1.40 1.00 1.25 30,444 1.25
2008/05/01 2.00 2.00 1.00 1.10 100,814 1.10
2008/04/30 2.00 2.00 1.50 1.50 17,059 1.50
2008/04/29 1.95 2.00 1.50 1.76 36,137 1.76
2008/04/28 2.15 2.25 1.50 1.65 70,817 1.65
2008/04/25 2.25 2.25 1.70 1.95 27,823 1.95
2008/04/24 2.00 2.50 1.50 1.75 110,196 1.75
2008/04/23 2.25 2.50 2.00 2.25 46,125 2.25
2008/04/22 2.75 2.75 2.00 2.35 131,467 2.35
2008/04/21 2.25 3.00 2.00 2.25 127,535 2.25
2008/04/18 1.50 2.00 1.13 2.00 24,932 2.00
2008/04/17 2.00 2.00 1.00 1.13 19,554 1.13
2008/04/16 0.26 2.25 0.25 1.75 108,663 1.75
2008/04/15 - - - - - -
2008/04/14 - - - - - -
2008/04/11 - - - - - -
2008/04/10 - - - - - -
2008/04/09 - - - - - -
2008/04/08 - - - - - -
2008/04/07 - - - - - -
2008/04/04 - - - - - -
2008/04/03 - - - - - -
2008/04/02 3.73 3.73 3.50 3.50 775 3.50
2008/04/01 3.70 3.76 3.65 3.75 96,350 3.75
2008/03/31 3.70 3.70 3.50 3.69 66,999 3.69
2008/03/28 3.55 3.60 3.40 3.55 57,156 3.55
2008/03/27 3.60 3.60 3.42 3.60 137,586 3.60
2008/03/26 3.50 3.60 3.45 3.60 80,891 3.60
2008/03/25 3.40 3.50 3.35 3.50 85,325 3.50
2008/03/24 3.25 3.35 3.10 3.35 66,698 3.35
2008/03/21 - - - - - -
2008/03/20 3.05 3.15 2.90 3.15 27,047 3.15
2008/03/19 3.07 3.10 2.05 3.05 78,215 3.05
2008/03/18 2.79 3.05 2.75 3.05 90,891 3.05
2008/03/17 2.45 2.75 2.45 2.75 60,055 2.75
2008/03/14 2.35 2.41 2.35 2.41 2,054 2.41
2008/03/13 2.35 2.41 2.35 2.41 545 2.41
2008/03/12 2.35 2.35 2.35 2.35 1,445 2.35
2008/03/11 2.30 2.30 2.30 2.30 400 2.30
2008/06/05 0.40 0.45 0.40 0.45 8,415 0.45
2008/06/04 0.43 0.50 0.40 0.50 182,500 0.50
2008/06/03 0.30 0.50 0.30 0.50 7,174 0.50
2008/06/02 0.30 0.55 0.30 0.55 16,306 0.55
2008/05/30 0.40 0.50 0.35 0.35 14,570 0.35
2008/05/29 0.30 0.60 0.30 0.32 25,960 0.32
2008/05/28 0.30 0.40 0.30 0.40 7,000 0.40
2008/05/27 0.55 0.60 0.30 0.30 18,434 0.30
2008/05/26 - - - - - -
2008/05/23 0.40 0.40 0.40 0.40 8,796 0.40
2008/05/22 0.60 0.60 0.40 0.50 56,687 0.50
2008/05/21 0.51 0.65 0.25 0.25 7,550 0.25
2008/05/20 0.43 0.50 0.40 0.50 16,850 0.50
2008/05/19 0.40 0.45 0.40 0.45 2,825 0.45
2008/05/16 0.40 0.50 0.40 0.40 21,913 0.40
2008/05/15 0.45 0.55 0.45 0.50 15,280 0.50
2008/05/14 0.35 0.75 0.25 0.50 79,240 0.50
2008/05/13 0.80 0.80 0.40 0.55 55,384 0.55
2008/05/12 0.50 0.95 0.50 0.65 16,275 0.65
2008/05/09 0.95 0.95 0.70 0.95 70,616 0.95
2008/05/08 0.75 0.95 0.75 0.90 61,470 0.90
2008/05/07 1.10 1.10 0.75 0.85 26,620 0.85
2008/05/06 0.80 1.12 0.75 1.12 36,232 1.12
2008/05/05 1.25 1.25 0.90 0.95 148,040 0.95
2008/05/02 1.25 1.40 1.00 1.25 30,444 1.25
2008/05/01 2.00 2.00 1.00 1.10 100,814 1.10
2008/04/30 2.00 2.00 1.50 1.50 17,059 1.50
2008/04/29 1.95 2.00 1.50 1.76 36,137 1.76
2008/04/28 2.15 2.25 1.50 1.65 70,817 1.65
2008/04/25 2.25 2.25 1.70 1.95 27,823 1.95
2008/04/24 2.00 2.50 1.50 1.75 110,196 1.75
2008/04/23 2.25 2.50 2.00 2.25 46,125 2.25
2008/04/22 2.75 2.75 2.00 2.35 131,467 2.35
2008/04/21 2.25 3.00 2.00 2.25 127,535 2.25
2008/04/18 1.50 2.00 1.13 2.00 24,932 2.00
2008/04/17 2.00 2.00 1.00 1.13 19,554 1.13
2008/04/16 0.26 2.25 0.25 1.75 108,663 1.75
2008/04/15 - - - - - -
2008/04/14 - - - - - -
2008/04/11 - - - - - -
2008/04/10 - - - - - -
2008/04/09 - - - - - -
2008/04/08 - - - - - -
2008/04/07 - - - - - -
2008/04/04 - - - - - -
2008/04/03 - - - - - -
2008/04/02 3.73 3.73 3.50 3.50 775 3.50
2008/04/01 3.70 3.76 3.65 3.75 96,350 3.75
2008/03/31 3.70 3.70 3.50 3.69 66,999 3.69
2008/03/28 3.55 3.60 3.40 3.55 57,156 3.55
2008/03/27 3.60 3.60 3.42 3.60 137,586 3.60
2008/03/26 3.50 3.60 3.45 3.60 80,891 3.60
2008/03/25 3.40 3.50 3.35 3.50 85,325 3.50
2008/03/24 3.25 3.35 3.10 3.35 66,698 3.35
2008/03/21 - - - - - -
2008/03/20 3.05 3.15 2.90 3.15 27,047 3.15
2008/03/19 3.07 3.10 2.05 3.05 78,215 3.05
2008/03/18 2.79 3.05 2.75 3.05 90,891 3.05
2008/03/17 2.45 2.75 2.45 2.75 60,055 2.75
2008/03/14 2.35 2.41 2.35 2.41 2,054 2.41
2008/03/13 2.35 2.41 2.35 2.41 545 2.41
2008/03/12 2.35 2.35 2.35 2.35 1,445 2.35
2008/03/11 2.30 2.30 2.30 2.30 400 2.30
2008/03/10 1.75 1.75 1.75 1.75 700 1.75
2008/03/07 2.08 2.08 2.08 2.08 400 2.08
2008/03/06 2.08 2.08 2.00 2.08 4,729 2.08
2008/03/05 2.29 2.29 2.08 2.08 2,500 2.08
2008/03/04 2.27 2.36 1.99 2.00 14,485 2.00
2008/03/03 2.25 2.36 2.01 2.36 10,397 2.36
2008/02/29 2.25 2.25 2.25 2.25 200 2.25
2008/02/28 2.35 2.35 2.25 2.25 3,436 2.25
2008/02/27 2.35 2.35 2.35 2.35 400 2.35
2008/02/26 2.35 2.35 2.00 2.25 800 2.25
2008/02/25 2.31 2.31 2.15 2.25 1,832 2.25
2008/02/22 2.31 2.31 2.31 2.31 200 2.31
2008/02/21 2.26 2.30 2.26 2.30 35,776 2.30
2008/02/20 2.19 2.26 2.15 2.26 7,414 2.26
2008/02/19 2.19 2.19 2.19 2.19 1,250 2.19
2008/02/18 - - - - - -
2008/02/15 2.19 2.19 1.50 1.50 705 1.50
2008/02/14 2.19 2.19 1.31 1.31 1,005 1.31
2008/02/13 2.15 2.19 1.30 1.30 3,050 1.30
2008/02/12 2.12 2.12 2.12 2.12 2,600 2.12
2008/02/11 2.10 2.10 2.10 2.10 4,845 2.10
2008/02/08 1.32 2.11 1.25 1.35 7,402 1.35
2008/02/07 1.32 1.32 1.32 1.32 5,150 1.32
2008/02/06 1.32 1.32 1.32 1.32 2,750 1.32
2008/02/05 1.32 1.32 1.32 1.32 650 1.32
2008/02/04 1.32 1.32 1.32 1.32 300 1.32
2008/02/01 1.32 1.32 1.32 1.32 100 1.32
2008/01/31 1.32 1.32 1.32 1.32 400 1.32
2008/01/30 1.32 1.32 1.32 1.32 1,100 1.32
2008/01/29 1.32 1.32 1.32 1.32 2,250 1.32
2008/01/28 1.32 1.32 1.15 1.32 6,050 1.32
2008/01/25 1.10 1.26 1.10 1.10 6,103 1.10
2008/01/24 1.15 1.23 1.00 1.23 6,500 1.23
2008/01/23 1.15 1.15 1.05 1.15 6,400 1.15
2008/01/22 1.10 1.15 1.10 1.15 2,431 1.15
2008/01/21 - - - - - -
Well, I hope you were paid up front. In cash, not shares. lol
Be a part of the solution, not a part of the problem. Or else!
Interesting question isn't it. Only the shadow knows.....
Nobody is buying the stock.
I wonder if the management of this operation is going to be forced to start dumping a lot of shares so they can pay their consultants and other bills.
Be a part of the solution, not a part of the problem. Or else!
Historical Prices:
Date Open High Low Close Volume Adj
Close
2008/05/29 0.30 0.60 0.30 0.32 25,960 0.32
2008/05/28 0.30 0.40 0.30 0.40 7,000 0.40
2008/05/27 0.55 0.60 0.30 0.30 18,434 0.30
2008/05/26 - - - - - -
2008/05/23 0.40 0.40 0.40 0.40 8,796 0.40
2008/05/22 0.60 0.60 0.40 0.50 56,687 0.50
2008/05/21 0.51 0.65 0.25 0.25 7,550 0.25
2008/05/20 0.43 0.50 0.40 0.50 16,850 0.50
2008/05/19 0.40 0.45 0.40 0.45 2,825 0.45
2008/05/16 0.40 0.50 0.40 0.40 21,913 0.40
2008/05/15 0.45 0.55 0.45 0.50 15,280 0.50
2008/05/14 0.35 0.75 0.25 0.50 79,240 0.50
2008/05/13 0.80 0.80 0.40 0.55 55,384 0.55
2008/05/12 0.50 0.95 0.50 0.65 16,275 0.65
2008/05/09 0.95 0.95 0.70 0.95 70,616 0.95
2008/05/08 0.75 0.95 0.75 0.90 61,470 0.90
2008/05/07 1.10 1.10 0.75 0.85 26,620 0.85
2008/05/06 0.80 1.12 0.75 1.12 36,232 1.12
2008/05/05 1.25 1.25 0.90 0.95 148,040 0.95
2008/05/02 1.25 1.40 1.00 1.25 30,444 1.25
2008/05/01 2.00 2.00 1.00 1.10 100,814 1.10
2008/04/30 2.00 2.00 1.50 1.50 17,059 1.50
2008/04/29 1.95 2.00 1.50 1.76 36,137 1.76
2008/04/28 2.15 2.25 1.50 1.65 70,817 1.65
2008/04/25 2.25 2.25 1.70 1.95 27,823 1.95
2008/04/24 2.00 2.50 1.50 1.75 110,196 1.75
2008/04/23 2.25 2.50 2.00 2.25 46,125 2.25
2008/04/22 2.75 2.75 2.00 2.35 131,467 2.35
2008/04/21 2.25 3.00 2.00 2.25 127,535 2.25
2008/04/18 1.50 2.00 1.13 2.00 24,932 2.00
2008/04/17 2.00 2.00 1.00 1.13 19,554 1.13
2008/04/16 0.26 2.25 0.25 1.75 108,663 1.75
2008/04/15 - - - - - -
2008/04/14 - - - - - -
2008/04/11 - - - - - -
2008/04/10 - - - - - -
2008/04/09 - - - - - -
2008/04/08 - - - - - -
2008/04/07 - - - - - -
2008/04/04 - - - - - -
2008/04/03 - - - - - -
2008/04/02 3.73 3.73 3.50 3.50 775 3.50
2008/04/01 3.70 3.76 3.65 3.75 96,350 3.75
2008/03/31 3.70 3.70 3.50 3.69 66,999 3.69
2008/03/28 3.55 3.60 3.40 3.55 57,156 3.55
2008/03/27 3.60 3.60 3.42 3.60 137,586 3.60
2008/03/26 3.50 3.60 3.45 3.60 80,891 3.60
2008/03/25 3.40 3.50 3.35 3.50 85,325 3.50
2008/03/24 3.25 3.35 3.10 3.35 66,698 3.35
2008/03/21 - - - - - -
2008/03/20 3.05 3.15 2.90 3.15 27,047 3.15
2008/03/19 3.07 3.10 2.05 3.05 78,215 3.05
2008/03/18 2.79 3.05 2.75 3.05 90,891 3.05
2008/03/17 2.45 2.75 2.45 2.75 60,055 2.75
2008/03/14 2.35 2.41 2.35 2.41 2,054 2.41
2008/03/13 2.35 2.41 2.35 2.41 545 2.41
2008/03/12 2.35 2.35 2.35 2.35 1,445 2.35
2008/03/11 2.30 2.30 2.30 2.30 400 2.30
2008/03/10 1.75 1.75 1.75 1.75 700 1.75
2008/03/07 2.08 2.08 2.08 2.08 400 2.08
2008/03/06 2.08 2.08 2.00 2.08 4,729 2.08
2008/03/05 2.29 2.29 2.08 2.08 2,500 2.08
2008/03/04 2.27 2.36 1.99 2.00 14,485 2.00
2008/03/03 2.25 2.36 2.01 2.36 10,397 2.36
2008/02/29 2.25 2.25 2.25 2.25 200 2.25
2008/02/28 2.35 2.35 2.25 2.25 3,436 2.25
2008/02/27 2.35 2.35 2.35 2.35 400 2.35
2008/02/26 2.35 2.35 2.00 2.25 800 2.25
2008/02/25 2.31 2.31 2.15 2.25 1,832 2.25
2008/02/22 2.31 2.31 2.31 2.31 200 2.31
2008/02/21 2.26 2.30 2.26 2.30 35,776 2.30
2008/02/20 2.19 2.26 2.15 2.26 7,414 2.26
2008/02/19 2.19 2.19 2.19 2.19 1,250 2.19
2008/02/18 - - - - - -
2008/02/15 2.19 2.19 1.50 1.50 705 1.50
2008/02/14 2.19 2.19 1.31 1.31 1,005 1.31
2008/02/13 2.15 2.19 1.30 1.30 3,050 1.30
2008/02/12 2.12 2.12 2.12 2.12 2,600 2.12
2008/02/11 2.10 2.10 2.10 2.10 4,845 2.10
2008/02/08 1.32 2.11 1.25 1.35 7,402 1.35
2008/02/07 1.32 1.32 1.32 1.32 5,150 1.32
2008/02/06 1.32 1.32 1.32 1.32 2,750 1.32
2008/02/05 1.32 1.32 1.32 1.32 650 1.32
2008/02/04 1.32 1.32 1.32 1.32 300 1.32
2008/02/01 1.32 1.32 1.32 1.32 100 1.32
2008/01/31 1.32 1.32 1.32 1.32 400 1.32
2008/01/30 1.32 1.32 1.32 1.32 1,100 1.32
2008/01/29 1.32 1.32 1.32 1.32 2,250 1.32
2008/01/28 1.32 1.32 1.15 1.32 6,050 1.32
2008/01/25 1.10 1.26 1.10 1.10 6,103 1.10
2008/01/24 1.15 1.23 1.00 1.23 6,500 1.23
2008/01/23 1.15 1.15 1.05 1.15 6,400 1.15
2008/01/22 1.10 1.15 1.10 1.15 2,431 1.15
2008/01/21 - - - - - -
TMDI - same scam, same players. Interesting to note that Steve Price took 6 months to figure it out. Also interesting that his resignation took place last Friday...whatever happened to giving 2 week notice?
I will answer your questions in order as follows:
It seems like you have a pretty significant role in "damage control" for the company.
Answer
I was put in place to do just what I'm doing. Pay very close attention to how this scam was constructed and choreographed. To document it all down to the finest detail. And then make sure that every piece and scrap of information iw documented in an analysis and summary form to be turned over to the appropriate regulatory and enforcement agencies.
Based on the material you are posting, I would guess you are pretty heavily involved with the insiders operating the company.
Answer
Having access to all of the individuals who are positioned as "real management" in AETE goes with the territory. The material I am posting is being put in the public venue because, and especially with this bunch of theives, they have been operating for a long time without the kind of exposure and public challenge that they are now facing. This something very different for them to have to contend with. Typically, and this has been the case with at least three different companies set up to be scamed like AETE, the general route has been to hire on some law firm and spend large amounts of money trying to take them to court. You can't outspend these criooks, they already have all of the money (especially in the case of the hijacked 6 million shares) and can outspend almost anyone on the basis of "my lawyer can beat-up your lawyer. So the solution is to change the rules on them. That's the companies position and that is my job.
b]We have not heard from the SEC yet, have we?
Answer
The company is in close contact with the SEC on not only providing the materials required on the Subpoena, but in making sure that all of the documented materials that lay out the level of fraud that was intended to have been conducted on an ongoing basis is well understood by the proper authorities. Then it is to be compiled in a manner which can be made available online through the company web site. So long as what has been done to AETE (and several other companies) by the crooks is made as public as possible then the SEC and the Justice Department don't have any choice but to proscecute the illegal activities.
b]Any expected timeline for that?
Answer
What AETE will do is one theing and what the SEC's timeframe may be is another story alltogether. What the company has to do is (a) completely halt the movement of the illegal 504 Reg D stock in the market, and (b) recoverthat illegally issued 504 REg D stock back into the company as treasury stock, then (c) the company's business plan and commeercial operations model has to be put in place and functioning. AETE has to become a functioning commeercail entity and can not wait on what the SEC may or may not do or when they might move on any of this. There is absolutely no money to be made playing cops and robbers.
b]What do you expect them to say?
Answer
What has already been documented and deliverd to the SEC, the FBI, and enforcement agencies in at least three separate jurisdictions. It is expected that at some point there will be some kind of criminal action taken against the perps of the illegal activities associated with setting up AETE as a scam. Will they do anything in the short term? That is the million dollar question, literally.
It seems like you have a pretty significant role in "damage control" for the company. Based on the material you are posting, I would guess you are pretty heavily involved with the insiders operating the company.
We have not heard from the SEC yet, have we?
Any expected timeline for that?
What do you expect them to say?
Posted by: tippingpnt Date: Thursday, May 22, 2008 4:12:11 PM
In reply to: The Cap'm who wrote msg# 9 Post # of 18
No not involved with a hedge fund at all. As a matter of act I'm the senior investigatorn that has been working on this screwball deal for the last four months.
Everyone do their homework and you will find that Telemedicus is nothing more than a daisy chain of interconnected companies with Cloud, Gilchrist, Carmichael and others at their core.
The recent materialization of Lipid Labs (as having acquired Telemedicus) is also another creation of the Cloud operations. This is all just more smoke and mirrors. If you really take a serious look you will find that Eddy Austin whose name recently showed up as having taken over a number of these companies is nothing more than a front for Cloud. In fact Austin, was rumored to be a cousin of J. T. Cloud. He was moved from Baton Rouge, LA last December/January and started taking over some of the operations by being put into several different Cloud companies as CEO to provide a fresh face. I would think that you will see a number of "defections" in the near to mid term as well.
Of course if you check the SEC filings what you will find is that their great association with Texas A & M is based on a license agreement that was done the same way the agreement was done with AETE. They did an agreement with A & M, paid a little upfront as a fee and haven’t paid out a penny since that time, which is stated in their SEC filings. Invariably, what you will find if you look close enough is that throughout the morphing of Intrepid through LipidLaps and Telemedicus is that 09% of the companies that are shown to have been “acquired” were just shell operations that actually had nothing but a name and a little bit of literature written up on them. In some instances they had been formed and a little investment was laid out to give them just enough substance to pass cursory inspection. They were then used in terms of “having been acquired” as stated in more bogus press releases, serious stock was bartered away (typically to another Cloud insider and as with Gulf Ethanol and AETE a fraudulent 504 Reg D was used) and them the game goes on.
Up until now this has all just been a money making perpetual motion machine that has netted these crooks hundreds of millions of dollars. Now it would seem that their little ball of twine is beginning to become unwound.
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