Alternate Energy Holdings (fka AEHI)

[joelucid]

AEHI Broadly Violates Rule 502(c) And 10b-5

As already teased yesterday I have discovered a truly egregious transgression by AEHI and Don Gillispie. You will remember that as I've outlined here and here "Don - no-comp - Gillispie" is on a crusade to con individual investors into purchasing shares from what can only be assumed to be insiders of the company.

In my view yesterday's paid promotion in which Don stated that "I can rival Exxon Mobil in profitability" was clearly misleading and fraudulent. But what would turn this into a full blown violation of rule 502(c) and rule 10b-5 is a general solicitation of investors to purchase publicly traded stock or contact the company about private offerings.

Read more at http://lucidaehi.blogspot.com/2010/12/aehi-broadly-violates-rule-502c-and-10b.html