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Wednesday, 12/08/2010 12:29:39 PM

Wednesday, December 08, 2010 12:29:39 PM

Post# of 1003
Last paragrapgh in Don Gillespie's latest interview :

CEOCFO: In closing, would you address potential investors and tell us why they should consider Alternate Energy Holdings?

Mr. Gillispie: The company has no debt, we have enough cash to operate several years, and we have an equity line now to finance the first phase of our US nuclear power plant here in Idaho. In addition, we have revenue streams just getting ready to start with Energy Neutral and we will also have revenue streams, probably in the middle of next year from the Green World Water commercial desalinization/reactor sales. Therefore, we are soon to make money. Green World Water here in the US will be very profitable. One of the things that I tell people is that you want to think about profitability; if I build six units in Idaho and are able to build them at the cost that I think I can and sell at current market prices on the west coast, then I can rival Exxon Mobil in profitability. When I say that, I am not exaggerating and that is the kind of money that these things can make. So if investors get in at the current stock price, which is about 60 cents and they are comfortable waiting awhile, the returns could be pretty phenomenal.

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Red

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