Alternative Energy Partners Inc (AEGY)

[Green2013]

SKTO Announces Record Date for Stock Dividend


SK3 Group, Inc. (OTC Pink: SKTO) today announces that it has set a firm record date of June 5, 2013 for the previously announced distribution to its shareholders of 100 million common shares of Alternative Energy Partners, Inc (OTCBB: AEGY). The AEGY common shares to be distributed to the SKTO shareholders will be registered with the SEC and applicable state securities regulators before the shares are distributed, and the AEGY shares will be fully registered, free-trading shares when distributed.
The registration statement for the shares is expected to be filed by AEGY next week, and should be effective within a few weeks thereafter. The shareholders of SKTO who will receive the AEGY common shares will be determined based on the shareholders of record of SKTO at June 5, 2013. The number of shares of common stock of AEGY to be distributed to each SKTO shareholder will be based on the total number of SKTO shares issued and outstanding at that record date, and the distribution will be made pro rata based on the applicable voting power of the outstanding SKTO stock.