Alternative Energy Technology Center (ATNE)

[zekel]

Eric/All - AETE was formed by David Mordekhay, a long time partner with William Carmichael, John Gilchrist, Carly Long, Dino Price, JT Cloud, Chet Gutowski, Darrel Uselton, and his uncle, Jack Uselton. These cast of characters have a plethora of present and past shell companies operating out of the Blalock Road suite in Houston, including (but not limited to):

TMDI
AETE
GFET
OXFD
Galleria Securities
IBIS
Firemark Capital
Warrior
Hepplewhite
Southfield Energy
Tejas Capital
Cloud Management
CyberLaw
American Development
Etc.........

The formation of AETE is a bit shady, as it would appear that GFET originally had a deal with Meridian Biorefining and it somehow fell apart - next thing you know, David Mordekhay and William Carmichael start up this new company to take over Meridian, claiming to have a small facility in The Woodlands (a suburb of Houston), but still shows on their latest financials as having a corporate address at Blalock Rd. in Houston. Another subsidiary seems to be forming around Carly Long in association with AETE.

All of this comes on the heels of Darrel and Jack Uselton being indicted for spamming the internet for their various other companies:
http://www.sec.gov/litigation/suspensions/2007/34-55420.pdf
http://pennystock-fraud.info/news.php/stock/symbol/Darrel%20Uselton/
http://www.sec.gov/litigation/litreleases/2007/lr20187.htm

Both of these guys are no strangers to the SEC, which makes it even more unbelievable that Mordekhay, Carmichael, Gilchrist, and Cloud would have anything to do with these guys:
http://www.sec.gov/litigation/litreleases/lr18294.htm
http://www.sec.gov/rules/petitions/4-500/rdnull071205.htm

It is my opinion that Dino Price is one of the main culprits beyond this ongoing spam issue that is affecting AETE now.