Alternative Energy Partners Inc (AEGY)

[ARKRAILS]

I WAS WRONG! It is important to admit when you are wrong.....I projected $170 cash on hand and it was $89 cash on hand. I gave them way to much credit.

They issued 2 billions shares of stock to reduce debt to $1.8 million. So, they now have $89 cash to service $1.8 million in debt.

Only 6 more weeks until the quarter ends, will 2 billion more shares be needed to service debt for their 3rd quarter further diluting the value of the stock? Yep.