Alternative Energy Partners Inc (AEGY)

[LiquidateNow]

Post on SKTO board:

I don't want to cause a fight or get personal. Here are my thoughts based on DD.
AEGY lost over 90% of its market cap (price) in a few weeks. Dollar volume (as opposed to share volume) dropped accordingly. That means MM are not playing as much and they are the ones that will drive the price up. Hopefully the small increase the last few days is not a "dead cat bounce" and some stabilization is setting in. The 4-1 split is bizarre. You try to get your shares over $1 for exchange listing which is stated goal. Cannot be listed on NASDAQ without sustained price over $1. They will drop you and you go back to pinks. If listed on NASDAQ, much more money is available from MM. So, if management action is contrary to what a pro would do, a game plan should have been stated. Otherwise, investors won't know what is going on. MM look for 2 things, strong management and a plan that provides minimum uncertainty. The uncertainty is a concern because of unexplained action contrary to conventional wisdom.
Second, and without trying to get into a fight, AEGY used 2 PR to get the price up: the hospital contract and the European contract. A number of Professional Engineers (ours and those on Yahoo board) have looked at this. A hospital is the last place you would do solar power. It is 24/7 with high consumption. It would take acres of solar panels and batteries to supply a hospital. The engineers say cannot be done economically. Yet, AEGY agreed do do it at its expense and guarantee a lower cost. The only way to do that would be to violate the second and third laws of thermodynamics so a little more information would be in order. Same with the European contract. Additionally, the company is very small with essentially no money and patent protection. Even if they overcome the above, there is a risk the big boys will walk all over them and they will not have the resources to meet the market challenge or defend patent litigation. This makes MM uneasy, and MM critical for major market upside.