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50 Mil in first 10 minutes... WOW
WOW... 67 Million already in the first 20 minutes.
I still don't trust this but I am not going to complain as at least I can now jump out when I want too.
I agree it is a Federal Offense and is a point of contention with States, that said....
It will come down to how much enforcement the Fed decides to put on it. They can turn their head and they are in a lot of cases.
Fed law does trump State law even if States don't want to admit it. Go back in time and you'll see where the Fed decided to impose their will on Racial Matters of the 60's in states where they decided that segregation was still OK...
They may come down hard but they also may not. Sure they are hardballing a few but that is a small fraction of what is going on... All those Med marijuana dispensaries are getting it from somewhere.
WOW... This is seriously BAD news all the way around. Losing money, in debt to eyeballs, possibly can't continue, no website (so that money will disappear as well whenever they decide to not renew).
Guess I can kiss that 5K good buy.
Lawsuits on top of that... well we no why he's been quiet... All that bad news but I didn't see anything about the A/S...
Did I miss it?
.02 to .0165 then back up again... Crazy stuff going on here.
The post doesn't make any sense... this was over a VERBAL contract.. has nothing to do with SKTO and could happen to anyone.
I am willing to dig deep for dirt but that is a bit much, even for me.
Yeah, it's pretty old. If you follow the links to the "Research & Analysis" it's from 5/22/2012.
I think it was because there weren't any takers for more shares so they skipped on the dilution.
I know some of you have been here a bit but you have to admit things aren't all roses no matter how it's spun.
The fact is our 52 week range right now is .0001 - .001... FACT
We haven't seen .001 since approximately June of last year... FACT
That makes us down approximately 80% plus from the high. FACT
In order for there to be belief and faith there has to be something that points to the fact that it is warranted. Right now, it's just not there. A website that has changed twice doesn't make it all better (as it was supposed to be so AWESOME the last time from the PR's).
Financials aren't the end all be all but they definitely provide insight into the direction and status of the company. In getting that taken care of he is also DELINQUENT... FACT
It's these kinds of issues that make investors (and remember we are investors, we should expect someone who claims to be above board to be open and honest) feel deceived. We want a return on our investment... it's why we invest. When we see not much happening, and no return... it get's people to bashing and rightly so...
If Burger King took your money and didn't return with a burger and your change would you be ok with that? Of course not, you want what you believe you put your money towards. Would you accept less, maybe a happy meal if they promised you that you would still get that Whopper later? Possibly, but you can bet you would still keep looking for that burger and would be unapologetic about being obtuse when it didn't come in a timely fashion..
We are investors. We are the company and we can and should complain until we see progress. While people can take it too far sometimes... way too far sometimes.... it doesn't make them any more wrong or right... in the end, they just want the value returned.
Off soapbox now.
That just seems like a PR for PR's sake. Why waste the money on this? It's not going to bring in more than it cost I suspect.
Big Whoop. Nothing takes this long. I have my own companies and while pinkies like to act like everything takes forever... it doesn't if you don't want it too.
It's ridiculous to think that these website updates took months. You can outsource to someone in the Philippines as an example who will do EXCELLENT work for about 300 a month (40 hours a week, 4 weeks a month) and be done with it (or even a local college student).
It amazes me how these companies can be so inefficient. I know if they were private they wouldn't be able to operate this way because they would be out of business... So fed up with this company.
I hate to lose this money invested here but it looks like I will... hopefully it gets one last run and I can get out. Here's to hoping as it would have to run HARD as I am still way upside down on this one.
And what if you happen to have both? lol...
LOS ANGELES, May 28, 2013 /PRNewswire/ -- Alternative Energy Partners, Inc. (OTCBB: AEGY) today announces that it has appointed Jeffrey Benz, a corporate legal expert and experienced senior executive with substantial sports, entertainment, technology, and public company experience, as its contract General Counsel. The Company also announces the relocation of its corporate offices to Los Angeles, California.
"We are so pleased to have Jeff agree to join our team as we continue to advance our business of providing ancillary services to the medical marijuana space," said Mario Barrera, President of AEGY. "Jeff's broad experience and background, and his legal leadership skills, particularly with public companies and most recently with SK3 Group, Inc. in the medical marijuana space, are well suited to our needs as we move our company to the next level. In the interests of transparency, we wish to make clear that Jeff will continue his roles assisting both AEGY and SK3 Group, Inc., as contract general counsel."
Jeff Benz has broad experience as a senior executive, lawyer, and entrepreneur in entertainment, sports, licensing, intellectual property, and technology. He has been a trusted advisor to a variety of companies, both private and public, and has advised a number of high profile executives. Among other things, Mr. Benz was the General Counsel and head of business and government affairs for the United States Olympic Committee, AVP Pro Beach Volleyball Tour, and a variety of private companies in sports, entertainment (television, film, and online), and technology (mobile phone applications, computer software and hardware, and medical devices), and has lead high profile legal and operational functions in a wide array of industries, including internationally.
Mr. Benz has BA and MBA degrees from the University of Michigan and a JD from the University of Texas. Mr. Benz is also an accomplished, and certified, arbitrator and mediator with substantial experience in a wide variety of commercial disputes.
About AEGY
AEGY had recently signed a definitive agreement to acquire both PharmaJanesâ„¢ and Simple Prepayâ„¢ . PharmaJanesâ„¢ is an on-line and smart phone ordering platform allowing medical marijuana patients to order, process and pay for their authorized needs, in a simple, safe and secure ordering and payment interface. Simple Prepayâ„¢ is a merchant payment solution developed to offer dispensaries, collectives, and delivery services of medical cannabis a convenient payment solution.
LOS ANGELES, May 28, 2013 /PRNewswire/ -- Alternative Energy Partners, Inc. (OTCBB: AEGY) today announces that it has appointed Jeffrey Benz, a corporate legal expert and experienced senior executive with substantial sports, entertainment, technology, and public company experience, as its contract General Counsel. The Company also announces the relocation of its corporate offices to Los Angeles, California.
"We are so pleased to have Jeff agree to join our team as we continue to advance our business of providing ancillary services to the medical marijuana space," said Mario Barrera, President of AEGY. "Jeff's broad experience and background, and his legal leadership skills, particularly with public companies and most recently with SK3 Group, Inc. in the medical marijuana space, are well suited to our needs as we move our company to the next level. In the interests of transparency, we wish to make clear that Jeff will continue his roles assisting both AEGY and SK3 Group, Inc., as contract general counsel."
Jeff Benz has broad experience as a senior executive, lawyer, and entrepreneur in entertainment, sports, licensing, intellectual property, and technology. He has been a trusted advisor to a variety of companies, both private and public, and has advised a number of high profile executives. Among other things, Mr. Benz was the General Counsel and head of business and government affairs for the United States Olympic Committee, AVP Pro Beach Volleyball Tour, and a variety of private companies in sports, entertainment (television, film, and online), and technology (mobile phone applications, computer software and hardware, and medical devices), and has lead high profile legal and operational functions in a wide array of industries, including internationally.
Mr. Benz has BA and MBA degrees from the University of Michigan and a JD from the University of Texas. Mr. Benz is also an accomplished, and certified, arbitrator and mediator with substantial experience in a wide variety of commercial disputes.
About AEGY
AEGY had recently signed a definitive agreement to acquire both PharmaJanesâ„¢ and Simple Prepayâ„¢ . PharmaJanesâ„¢ is an on-line and smart phone ordering platform allowing medical marijuana patients to order, process and pay for their authorized needs, in a simple, safe and secure ordering and payment interface. Simple Prepayâ„¢ is a merchant payment solution developed to offer dispensaries, collectives, and delivery services of medical cannabis a convenient payment solution.
I believe you are correct now that I look at it. It appears that VIP EARLY ALERT SERVICE was pimping their membership and using AEGY's previous news as one of the fillers. My bad.
***NEWS***
Alternative Energy Partners, Inc. (OTCQB: AEGY) signed a definitive agreement to acquire the Simple Prepay(TM) merchant payment solution from iEquity Corp. The Simple Prepay(TM) system was developed to offer dispensaries, collectives, and delivery services a secure and convenient payment solution for medical cannabis. Medical marijuana patients will be able to upload funds onto their Simple Prepay(TM) account via a smart phone application or website, allowing them to purchase their medical cannabis needs with privacy and simplicity. The AEGY price per share and trading volumes has skyrocketed since May 9th
I don't think it's coming back to life. Not without some other news. There is nothing to get.
Well, that probably seals it for us as well I think. That really SUX. I don't have anything I can't afford to lose here but that doesn't mean I want to lose it either as it isn't chump change by my standards.
Did I miss something? Little Volume and a little rise this morning.
It could be answering service or the front desk at a virtual office.
They answer like that... at least mine did. They would normally then direct you to their voic email.
Now that said, they could actually be in the office or using the conference room depending on how that office is setup or their agreement with them.
Could mean they are just busy...doing what we all want them to do. Could mean it's a script because they are using a virtual office.
Doesn't make them not a real company, just means it might be what they are using until they decide where their permanent home will be.
Looks like the O/S funded the loans. AMAZING HUH!!!
Looks like everyone got taken for a long ride for sure.
****NEWS***
Fri, Apr 05, 2013 10:37 - United Treatment Centers, Inc. (UTRM: OTC Link) released their Annual Report concerning UTRM FINANCIAL STATEMENTS. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=102202
They actually put a report?
I am still here too. Just sitting and waiting for someone to snatch up the shell one day and hopefully get enough to just be able to sell to cover fees. lol
WOW, you don't have the financials for us but you do have them for an acquisition? How does that work?
Even if you got into prelim talks the other company would want to know some info...
I bet he is paying for it from his "personal private 1B shares" that people used to speak of since he can't have any money from anything else.
I don't think we bought enough shares of late for the PR even... then again, I am a proven DUMB investor (living proof as I am still here) so what do I know.
On Soapbox!!
It is ABSOLUTELY ridiculous that all this dead silence is happening.
I gave our CEO PLENTY of slack in the beginning but I am over it.
He claims to have so much integrity and "cared so much" about being on the up and up that he was willing to have an open investor call.
Now I for one am REALLY sorry I didn't ask any questions. I know only 2 people asked any... I now wonder if the fix was in on that. Now, I have no proof but considering the silence we now get I can't help but wonder.
So I ask you Scott (and I am pretty sure you read these boards occasionally because your timing for certain conversations is impeccable), where are you now and why don't you give us investors an update? Why can't you schedule a call and say that xx deal fell through, or xx lawyer or accountant didn't do xx? Is there something to fear?
You really are a piece of work. All those financials you said were almost done, all those percentages you said were so great... they don't mean anything because you failed to do YOUR job!! Then again, maybe the job was done... you got the money, we got a half baked website. I am pretty sure that I make more in ad-sense traffic then the website you claimed to spent so much effort and money on.
Put OUR money where YOUR hand is and tell us what is going on. You can be straight. Tell us it flopped and you are waiting to sell the shell so others can decide to move on and not hold onto a whisper and a prayer.
I am one of the lucky ones... I got all mine back "elsewhere" recently so I don't miss the money anymore. You Scott, well you won't be able to get anything "elsewhere" apparently until your next start-up company because the lipstick is off this pig!!!
And I will be following you to wherever that ends up being so I can make sure that I prevent as many people as possible from wasting there money too.
One good thing, since I thought it was a great idea you had... maybe we should all go off and cash in our pennies and make our own site, just to see what it would take to get to the point the site/business is in now where you wasted possibly millions.
Off Soapbox!!
WOW... .08's up... up $.02+ form the open... up 45%+ with 24.44 Million Volume in 45 minutes. Could become a REALLY REALLY interesting day if some sort of favorable news came out (thought it's pretty interesting already).
Get a ticker app on that phone!!! lol
Looks like someone trying to hold it from the 5's before close.
Thanks Dex. I wasn't sure if I remembered that right.
I thought institutional investors couldn't buy stocks under $5.00.
Is that incorrect on my part?
I was so down on this stock as I have been here a while and lost a LOT (for me), not like the tons that others have but enough that it REALLY STINGS to look at.
Over the last few days though I had another stock pop up from the grave and is going absolutely bonkers and it looks like I will make this pig back...
Point in all this, as they say, not a loss until you SELL and once in awhile the lotto pays off. Keep some faith, even if it is blind faith.
It's a shame though, so much potential...
Today I finally sold enough to cover my initial position from about 2 years ago... Not much but feels good to cover for once.
Still got 85K shares left @ about .0019, looks really NICE now!!
Been awhile since I have posted here but you do have a very valid point I do believe...
It is hard to NOT question everything that is going on here. I for one have little faith in the PR's as all I see are more and more of the same.
If you are going into negotiations... the 1ST THING asked for is audited financials. That is basic business 101. Now maybe he didn't have them and that was part of the reason they pulled out.. purely speculation on my part though.
I can't see how after this long we still can't have audited financials... I keep tripping over that. I mean it isn't that difficult and for the cost of the last 5-6 PR's I would think you could do them with what you spent there.
I mean c'mon... even if you were just using quick books as an example, at a minimum you would have enough to be more than 3/4 of the way to getting the info for audited financials needed.
Something is DEFINITELY NOT RIGHT here. I don't know what that not right is, but it is definitely there and it shouldn't be this hard to get answers.
I admit that I didn't ask any questions on the open call, so that is my bad and I don't feel right about complaining because of that but that doesn't make Scott right and me wrong either.
I am like many... been here since EYSM and got in WAY HIGH. I have averaged down a LOT but still very high compared to the current .0004 and I can't justify buying more and potentially LOSING MORE in hopes I can get low enough to bail out... so I am stuck... just like most. Waiting and hoping but that faith is fleeting and diminished.
I hope for the best, I EXPECT the worst, and there are valid points on all sides... but if you can't see some piece of the pie is missing then I think shame on you. If I ran my company like this and tried to establish a new partnership without financials I would be laughed out of a room.
So we sit and we argue over the same things. Audited Financials. Whether you are Team Scott or not, you gotta admit that those financials are:
A. Not this hard to get done
B. Don't take almost a year to get done
C. The answer to 90% of the issues that get discussed every day.
So Scott should just bring them on. If they were "almost" done in October and now "almost" done in December, it will be April at this rate as someone will have to sift through another quarters worth of info as soon as we roll over into the next one.
I don't get it, understand it, like it, or approve of it.... but I have no choice... I am a bag holder until proven otherwise with no option but to wait...
I can't believe I just sat here and took the time to type all that. I try to be reasonable but this has pushed my limits. I am not into it for as much as some but I still don't like the losses or the promises missed.
He NEEDS TO GET IT TOGETHER... He may know what he is doing but that is yet to be proven and that isn't getting done. PERIOD!!
When he is done surfing with William Shatner!!!
E-Trade still shows a number for "PIHN" and the share structure is unchanged.
Looks like still stuck in la la land.
E-Trade still has a tracking symbol for it and shares haven't been converted for me.
Sometimes there is a post and I think to myself.... I wish there was a like button....
(X)LIKE
lol
I don't know who is right and who is wrong but I do know we are now down to .0005.
That is a long way from a few months ago of .0025. SG needs to do something big and that right quick or we will certainly be hitting the bottom.
Once that happens... it's usually UGLY fighting back up from .0001 or no-bid
One thing that makes no sense to me at all is the thought that the site being down has to do with some BIG news.
While people may have heard something being implied to that affect I just don't see how that could be the case.
I have been in company's that have merged and or been acquired and not once did we ever have to take our site/sites offline.
I have a website and blogs and my hosting service would have already taken care of this long ago. So maybe this is self hosted and if that is the case it could be why it can't connect to the DB as he may not have the skill set to fix the issue. Not a good excuse IMHO because you can find web guys anywhere to assist with that but it is a possibility.
Either way, something is wrong and I can't see how it could be viewed as being about something good is about to happen. If you make money from your listings and your traffic, then you absolutely wouldn't allow this to continue as that is completely HALTED at the moment (and yes I did actually go to the site and it immediately goes into a DB connection error).
I don't have an axe to grind. I just don't get it as this makes no sense to me.
WOW... Somebody has incurred the wrath of the SEC...
Gonna be really hard to hide now!!!