Alternative Energy Partners Inc (AEGY): Since Mario filed the inability to file...

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Friday, 03/21/2014 1:14:10 PM

Friday, March 21, 2014 1:14:10 PM

Since Mario filed the inability to file our finances on time, the NT-10Q, after hours on Monday, March 17, 2014, stating he would file the real 10Q on Monday, March 24, 2014, betting he files the AEGY 10Q after hours as well.
http://www.sec.gov/Archives/edgar/data/1446896/000144689614000002/f12b25.htm

The 10Q filed on December 23, 2013, listed $410 cash and $2,000,000 debt.
http://www.sec.gov/Archives/edgar/data/1446896/000144689613000046/f10q10312013.htm

So, projecting their new cash on hand:
$410 cash on hand
-80 November virtual office rent
-80 December virtual office rent
-80 January virtual office rent
$170 cash on hand

Anyone care to project how much debt will be raised when stock is converted as payment for debt?

With the few hours trading today, trading on Monday, release of 10Q after hours, running out of time before this pump is over. Expect major selling this afternoon and Monday before finances are released.