![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, July 03, 2014 1:12:03 PM
d Ahead for Alternative Energy Partners (OTC: AEGY) and SK3 Group, Inc. (OTC: SKTO): An Update
LOS ANGELES, CA, Jun 24, 2014 (Marketwired via COMTEX) -- Alternative Energy Partners, Inc. (OTC Pink: AEGY) (PINKSHEETS: AEGY) and SK3 Group, Inc. (OTC Pink: SKTO) (PINKSHEETS: SKTO) make the following joint statement:
Dear Shareholders:
We are pleased to update our shareholders that the letter of intent referenced in our last press releases concerning the impending merger with a company listed on a Canadian Stock Exchange has now been signed, and we are preparing a definitive long form acquisition agreement.
Specific details of the planned acquisition transaction, including the new company's name and ticker, and the effect of the transaction on the Companies and our shareholders, including how shareholders will take shares of the new entity, will be provided no later than when the definitive acquisition agreement has been signed if not sooner. This decision was made strategically and is the result of our efforts to ensure that our shareholders have a meaningful market in which to continue to trade their shares in the Companies and to permit the new company to operate in a more favorable regulatory climate.
We have received communications of tremendous support from shareholders for our prior shareholder letters of today's date, for which we thank those shareholders.
We want to thank our shareholders and customers for continuing to support the Companies and our business model, and we look forward to the exciting days ahead as we continue to serve the growing population of medical cannabis patients in California, and later around the United States and elsewhere.
Sincerely,
Mario Barrera President
Alternative Energy Partners, Inc.
Artemus Mayor President
SK3 Group, Inc.
http://www.otcmarkets.com/stock/AEGY/news
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM