Alternative Energy Partners Inc (AEGY)

[dragon52]

MM's are probably taking the "Pay Me Up Front" first stance

as mentioned a while back, the O/S will have to be increased.

Since I had gotten some flack back then, let me re-explain again...

AEGY had run out of shares, thus had to bump up the authorized to 5 Billion... since the O/S was already passed 3.5 Billion shares.

So they increased it... no problem.

100 Mil shares of preferred go to SKTO owners for the merger.... but nothing was really mentioned about the common stock, which imo will again be close to maxing out since they will have to be issued to SKTO to complete the merger process.

Now this is just mho... but approximately 1 billion shares will be allocated to the merger... maybe more. But at least that.

Thus more dilution will be coming in terms of the pricing to reflect the issuance of those common shares for the merger. AEGY is expected to be the surviving company thus should swallow SKTO.

What other reason would there be? PPS dropping with no reason right? nothing has changed... or has it?

SKTO filing came out today but did not have any "numbers"... probably because there is an audit ongoing for the two companies before the merger... the MM's know this. But are taking the "pay me first" attitude because they know what is going to happen. Until real numbers come out, they will inflate the AEGY O/S until it reaches the estimated number of expected issuance. Once the numbers come out, it will justify the pps. But not until then.

So now we will see some bailing but those who want more... is the best time to buy when everyone is in panic.

The Agreement provides that Acquisition Corp. will issue one new preferred share for each two
preferred shares of each of the Company and AEGY currently issued and outstanding, and will
also issue a fixed number of shares, still to be determined) of its common stock, which will be
allocated to the common shareholders of the Company and SK AEGY at closing of the merger.
There are currently 5 million shares of the Company issued and outstanding as Series A Voting
Convertible Preferred Shares, and 5 million shares of AEGY issued and outstanding as Series A
Voting Convertible Preferred Shares.