Alternative Energy Partners Inc (AEGY)

[ZJ Pick]

Feb 05, 2014 (ACCESSWIRE via COMTEX) -- In the quest for potential profits in the legal-marijuana market, companies are congealing daily from the cool bits of real business plans mixed with visions of wild success and super hype.
Here are three marijuana penny stocks that fit within this definition. Where they will be in the short term or long term remains to be seen, but each of them has a chance to find its niche in the future financial nirvana called the legal-marijuana industry.

Alternative Energy Partners Inc. (OTCQB: AEGY), a Florida company that legally sells medical marijuana to patients online, has become one of the most active penny stocks lately.

On Feb.4, 2014, the company's share volume soared to a volume of 260,474,167 shares, substantially higher than its daily average of 155,609,175. One reason for this sudden surge could be Alternative Energy's Jan. 31 announcement that it launched a Web site connecting collectives with patients in California.

Roll-Out First in California

The ecommerce site, with the domain name PharmaJanes.com, is now open for new patient enrollment. PharmaJanes will first begin servicing parts of metropolitan Southern California, and thereafter will expand throughout California in phases. At the appropriate time, PharmaJanes intends to roll out nationwide, according to the release.

PharmaJanes will facilitate patient enrollment in its exclusive network of dispensaries by processing and verifying patients' applications. In addition, PharmaJanes will route the orders to its exclusive non-profit collectives, which then will process and deliver the orders to patients. Upon completion of verification, patients will have access to all medical cannabis products available on the PharmaJanes menu.

Patients order Medical Marijuana from Comfort of Home

"By bringing technology to bear on the medical cannabis industry, PharmaJanes marks the beginning of a new era of simplified and streamlined access to medicine by patients from the comfort of their own homes," the chief technology officer of the site Frank Gomez said, in a written statement. "We are expecting this to be a solid growth engine for the company and to revolutionize the way medical cannabis is delivered to patients," he added.

AEGY shares closed at 0.0081 cent on Feb 4, down 0.0021 cent from its closing price of 1 cent the previous day.

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