AE Holding I, Inc. (APLN)

[creede]

re APLN -

thank vic.

Say, I wonder what we can glean from the new name. I would imagine that the "AE" stands for "April Energy", which would probably mean we are still in the energy sector. Hope this time it's some kind of alternative fuel..

Not all together sure what the "Holding I" means, except that seems to imply there will be a "II".

Holding Company

A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its only purpose is owning shares of other companies. Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies. In the U.S., 80% or more of stock, in voting and value, must be owned before tax consolidation benefits such as tax-free dividends can be claimed.[1]

Sometimes a company intended to be a pure holding company identifies itself as such by adding "Holdings" or "(Holdings)" to its name, as in Sears Holdings.

United StatesIn the United States, Berkshire Hathaway is the largest publicly-traded holding company; it owns numerous insurance companies, manufacturing businesses, retailers, and other companies. Two other large notable holding companies are United Continental Holdings and AMR Corporation, publicly traded holding companies whose primary purposes are to wholly own United Airlines and American Airlines, respectively. In some instances, holding companies have held capital for pending investments.

en.wikipedia.org/wiki/Holding_company